Contact Energy is one of New Zealand's leading producers and suppliers of electricity. It operates in an environment dominated by four electricity producers, resulting in disciplined competition and historically good pricing power. We believe Contact Energy and the other major players will continue to dominate the industry and generate favorable returns in the long run.
Contact Energy has a strong balance sheet with relatively conservative financial leverage, positioning it well to fund renewable developments.
Higher bond yields are a headwind for all income stocks, including Contact Energy.
|
Metric
|
CEN
|
GNE
|
MEL
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.80 | 18.56 | 48.41 |
Price/Book Value | 1.76 | 1.09 | 1.44 |
Price/Sales | 2.73 | 1.02 | 3.69 |
Price/Cash Flow | 11.27 | 6.41 | 17.56 |
|
Metric
|
CEN
|
GNE
|
MEL
|
|---|---|---|---|
Quick Ratio | 1.48 | 0.46 | 0.93 |
Current Ratio | 1.91 | 0.86 | 1.15 |
Interest Coverage | 3.64 | 1.78 | 1.65 |
|
Metric
|
CEN
|
GNE
|
MEL
|
|---|---|---|---|
Return on Assets (Normalized) | 4.74% | 1.39% | 1.96% |
Return on Equity (Normalized) | 10.37% | 2.81% | 3.33% |
Return on Invested Capital (Normalized) | 5.89% | 1.86% | 2.76% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States