Vector Limited

NZSE:VCT Aktierapport

Börsvärde: NZ$5.0b

Vector Tidigare resultatutveckling

Tidigare kriterier kontrolleras 1/6

Vector s intäkter har minskat med en genomsnittlig årlig takt på -1.9%, medan Integrated Utilities -branschen såg intäkter på växande på 6.6% årligen. Intäkterna har varit fallande med en genomsnittlig takt på 3.2% per år. Vector s avkastning på eget kapital är 4.1% och den har en nettomarginal på 13.1%.

Viktig information

-1.87%

Tillväxttakt i vinsten

-1.87%

Tillväxttakt för EPS

Integrated Utilities Tillväxt i branschen8.06%
Intäkternas tillväxttakt-3.18%
Avkastning på eget kapital4.15%
Nettomarginal13.15%
Senaste uppdateringen av resultatet31 Dec 2025

Senaste uppdateringar av tidigare prestationer

Recent updates

Uppdatering av berättelse May 01

VCT: Future Fair Value View Will Rely On Stable Distribution Volumes

Analysts have kept their NZ$4.98 price target for Vector steady, reflecting unchanged assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Vector reported unaudited operating results for the nine months ended 31 March 2026, including 637,247 electricity customers compared with 630,004 a year earlier and 9,670 new electricity connections compared with 9,480 a year earlier (Key Developments).
Uppdatering av berättelse Apr 13

VCT: Future Fair Value View Will Rely On Stable Distribution Volumes

Analysts have maintained their NZ$4.98 price target on Vector, citing unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the basis for keeping their outlook steady. What's in the News Vector plans to change its external auditor, with PwC appointed for the 2027 financial year starting July 1, 2026, following an Audit Committee led tender process, while KPMG will complete the 2026 audit (Key Developments).
Uppdatering av berättelse Mar 27

VCT: Future Fair Value View Will Rely On Stable Distribution Volumes

Analysts have kept their NZ$4.98 price target for Vector unchanged. This reflects steady assumptions around fair value, discount rate, revenue growth, profit margin and future P/E.
Uppdatering av berättelse Mar 12

VCT: Future Fair Value View Will Reflect Stable Network Volumes

Analysts have kept their NZ$ fair value estimate for Vector unchanged, reflecting consistent assumptions for discount rate, revenue growth, profit margin and future P/E that support a steady price target outlook. What's in the News Vector reported unaudited operating results for the six months ended 31 December 2025, providing investors with updated data on its electricity and gas distribution activities (company announcement).
Uppdatering av berättelse Feb 26

VCT: Fair Value View Will Reflect Shifts In Network Volumes

Analysts have lifted their fair value estimate for Vector from NZ$4.77 to NZ$4.98, reflecting updated views on revenue growth, profit margins, and a slightly lower future P/E multiple. What's in the News Vector reported unaudited operating results for the six months ended 31 December 2025, providing a fresh look at recent activity across its networks (company announcement).
Analysartikel Jan 19

Vector Limited (NZSE:VCT) Not Flying Under The Radar

Vector Limited's ( NZSE:VCT ) price-to-earnings (or "P/E") ratio of 31x might make it look like a strong sell right now...
Analysartikel Nov 04

Vector Limited (NZSE:VCT) Shares Could Be 24% Below Their Intrinsic Value Estimate

Key Insights Vector's estimated fair value is NZ$6.57 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysartikel Oct 09

Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Uppdatering av berättelse Aug 27

Bluecurrent's Smart Meter Rollout And DPP4 Will Create Future Opportunities

The notable rise in Vector's analyst price target reflects upgraded revenue growth expectations and a higher future P/E multiple, lifting the fair value estimate from NZ$4.50 to NZ$4.77. What's in the News Electricity customer base grew to 632,106 from 624,330 year-over-year.
Analysartikel Jun 30

Is There An Opportunity With Vector Limited's (NZSE:VCT) 30% Undervaluation?

Key Insights The projected fair value for Vector is NZ$6.25 based on 2 Stage Free Cash Flow to Equity Vector is...
Analysartikel May 05

Some Shareholders Feeling Restless Over Vector Limited's (NZSE:VCT) P/E Ratio

When close to half the companies in New Zealand have price-to-earnings ratios (or "P/E's") below 18x, you may consider...
Analysartikel Mar 21

Is Vector (NZSE:VCT) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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Ny berättelse Feb 09

Investments In Digital Solutions And Alliances With Amazon Web Services And X Will Improve Future Network Capabilities

Strategic alliances and technological investments are set to enhance network capabilities, leading to increased revenue and improved future earnings.
Analysartikel Jan 17

Vector Limited (NZSE:VCT) Not Flying Under The Radar

Vector Limited's ( NZSE:VCT ) price-to-earnings (or "P/E") ratio of 53.4x might make it look like a strong sell right...
Analysartikel Dec 10

Is Vector (NZSE:VCT) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysartikel Aug 29

Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.1475

Vector Limited's ( NZSE:VCT ) dividend will be increasing from last year's payment of the same period to NZ$0.1475 on...
Analysartikel Aug 28

Time To Worry? Analysts Just Downgraded Their Vector Limited (NZSE:VCT) Outlook

One thing we could say about the analysts on Vector Limited ( NZSE:VCT ) - they aren't optimistic, having just made a...
Analysartikel Aug 16

With Vector Limited (NZSE:VCT) It Looks Like You'll Get What You Pay For

When close to half the companies in New Zealand have price-to-earnings ratios (or "P/E's") below 18x, you may consider...
Analysartikel Jun 28

Vector (NZSE:VCT) Is Reinvesting At Lower Rates Of Return

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysartikel May 07

Is Vector (NZSE:VCT) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysartikel Apr 12

Estimating The Intrinsic Value Of Vector Limited (NZSE:VCT)

Key Insights Vector's estimated fair value is NZ$3.92 based on Dividend Discount Model Current share price of NZ$3.75...
Analysartikel Feb 29

Vector (NZSE:VCT) Is Paying Out A Dividend Of NZ$0.0925

Vector Limited's ( NZSE:VCT ) investors are due to receive a payment of NZ$0.0925 per share on 9th of April. Based on...
Analysartikel Feb 12

Market Participants Recognise Vector Limited's (NZSE:VCT) Earnings

Vector Limited's ( NZSE:VCT ) price-to-earnings (or "P/E") ratio of 34.7x might make it look like a strong sell right...
Analysartikel Dec 20

Vector Limited's (NZSE:VCT) Intrinsic Value Is Potentially 22% Below Its Share Price

Key Insights Using the Dividend Discount Model, Vector fair value estimate is NZ$2.96 Vector is estimated to be 28...
Analysartikel Oct 26

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysartikel Jul 07

Are Investors Undervaluing Vector Limited (NZSE:VCT) By 41%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Vector fair value estimate is NZ$6.90 Current share price of...
Analysartikel Apr 10

The Returns At Vector (NZSE:VCT) Aren't Growing

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysartikel Feb 09

A Look At The Intrinsic Value Of Vector Limited (NZSE:VCT)

Today we will run through one way of estimating the intrinsic value of Vector Limited ( NZSE:VCT ) by estimating the...
Analysartikel Dec 16

Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysartikel Nov 05

Calculating The Intrinsic Value Of Vector Limited (NZSE:VCT)

Today we will run through one way of estimating the intrinsic value of Vector Limited ( NZSE:VCT ) by taking the...
Analysartikel Oct 18

The Returns At Vector (NZSE:VCT) Aren't Growing

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysartikel Aug 29

Vector (NZSE:VCT) Will Pay A Dividend Of NZ$0.0895

The board of Vector Limited ( NZSE:VCT ) has announced that it will pay a dividend on the 19th of September, with...
Analysartikel Jul 19

Vector (NZSE:VCT) Has Some Way To Go To Become A Multi-Bagger

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysartikel Apr 14

Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysartikel Feb 28

Vector (NZSE:VCT) Is Due To Pay A Dividend Of NZ$0.087

The board of Vector Limited ( NZSE:VCT ) has announced that it will pay a dividend of NZ$0.087 per share on the 8th of...
Analysartikel Feb 13

Is There An Opportunity With Vector Limited's (NZSE:VCT) 41% Undervaluation?

In this article we are going to estimate the intrinsic value of Vector Limited ( NZSE:VCT ) by taking the expected...
Analysartikel Nov 27

Returns At Vector (NZSE:VCT) Appear To Be Weighed Down

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysartikel Nov 04

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysartikel Sep 30

Vector Limited (NZSE:VCT) Shares Could Be 37% Below Their Intrinsic Value Estimate

How far off is Vector Limited ( NZSE:VCT ) from its intrinsic value? Using the most recent financial data, we'll take a...
Analysartikel Aug 26

Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.09

The board of Vector Limited ( NZSE:VCT ) has announced that it will be increasing its dividend by 3.0% on the 16th of...
Analysartikel May 10

Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysartikel Apr 06

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysartikel Mar 19

Does Vector Limited (NZSE:VCT) Have A Place In Your Dividend Stock Portfolio?

Dividend paying stocks like Vector Limited ( NZSE:VCT ) tend to be popular with investors, and for good reason - some...

Fördelning av intäkter och kostnader

Hur Vector tjänar och spenderar pengar. Baserat på senast rapporterade resultat, på rullande tolvmånadersbasis.


Resultat- och intäktshistorik

NZSE:VCT Intäkter, kostnader och resultat (NZD Millions )
DatumIntäkterIntäkterG+A KostnaderFoU-kostnader
31 Dec 251,13815000
30 Sep 251,12115200
30 Jun 251,10415500
31 Mar 251,08716500
31 Dec 241,07117500
30 Sep 241,04212500
30 Jun 241,0137600
31 Mar 241,0206600
31 Dec 231,0265700
30 Sep 231,0547900
30 Jun 231,08310100
31 Mar 231,0898900
31 Dec 221,0957800
30 Sep 221,0998900
30 Jun 221,10310100
31 Mar 221,15213900
31 Dec 211,20017700
30 Sep 211,24018500
30 Jun 211,27919300
31 Mar 211,26115500
31 Dec 201,24211700
30 Sep 201,26810600
30 Jun 201,2949500
31 Mar 201,31288810
31 Dec 191,330801630
30 Sep 191,324811630
30 Jun 191,319831630
31 Mar 191,3301181580
31 Dec 181,3411531540
30 Sep 181,3351501540
30 Jun 181,3281481540
31 Mar 181,3031441490
31 Dec 171,2771401440
30 Sep 171,2521531440
30 Jun 171,2271661440
31 Mar 171,2031311370
31 Dec 161,180971300
30 Sep 161,162761300
30 Jun 161,145561300
31 Mar 161,135741310
31 Dec 151,125911330
30 Sep 151,139881330
30 Jun 151,153851330

Kvalitetsintäkter: VCT har inkomster av hög kvalitet.

Växande vinstmarginal: VCT s nuvarande netto vinstmarginaler (13.1%) är lägre än förra året (16.3%).


Fritt kassaflöde vs resultatanalys


Analys av tidigare vinsttillväxt

Resultatutveckling: VCT s intäkter har minskat med 1.9% per år under de senaste 5 åren.

Accelererande tillväxt: VCT s har haft negativ intäktstillväxt under det senaste året, så det kan inte jämföras med dess 5-åriga genomsnitt.

Resultat vs industri: VCT hade negativ intäktstillväxt ( -14.4% ) under det senaste året, vilket gör det svårt att jämföra med branschens genomsnitt Integrated Utilities ( 1.8% ).


Avkastning på eget kapital

Hög ROE: VCT s avkastning på eget kapital ( 4.1% ) anses vara låg.


Avkastning på tillgångar


Avkastning på sysselsatt kapital


Upptäck starka bolag som tidigare presterat bra

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/21 00:19
Aktiekurs vid dagens slut2026/05/21 00:00
Intäkter2025/12/31
Årlig intjäning2025/06/30

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Vector Limited bevakas av 7 analytiker. 4 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Grant SwanepoelDeutsche Bank
Andrew Harvey-GreenForsyth Barr Group Ltd.
Matthew HenryGoldman Sachs