Contact Energy has started fiscal 2027 strongly. Hydro generation rose 19% in the September quarter on heavy rainfall, while costly thermal generation fell 85%. Unit generation cost, including acquired generation, fell 25%.
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 | MEL | MCY |
|---|---|---|---|
Price/Earnings (Normalized) | 20.89 | 53.25 | 24.25 |
Price/Book Value | 1.77 | 1.58 | 1.80 |
Price/Sales | 2.75 | 4.06 | 2.92 |
Price/Cash Flow | 11.32 | 19.32 | 12.35 |
Metric | CEN | MEL | MCY |
|---|---|---|---|
Quick Ratio | 1.48 | 0.93 | 0.58 |
Current Ratio | 1.91 | 1.15 | 0.96 |
Interest Coverage | 3.64 | 1.65 | 4.33 |
Metric | CEN | MEL | MCY |
|---|---|---|---|
Return on Assets (Normalized) | 4.74% | 1.96% | 3.30% |
Return on Equity (Normalized) | 10.37% | 3.33% | 6.68% |
Return on Invested Capital (Normalized) | 5.89% | 2.76% | 4.30% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Orsted AS ADR DNNGY | — | LOCK|%#v | $28B | |||
| Orsted AS DOGEF | — | LOCK|<D | $28B | |||
| Verbund AG ADR OEZVY | — | LOCK|z!< | $28B | |||
| Fortum Oyj FOJCF | — | LOCK|wPj@ | $23B | |||
| Fortum Oyj ADR FOJCY | — | LOCK|fB<W | $23B | |||
| Axia Energia ADR AXIAY | — | LOCK|!f! | $20B | |||
| Axia Energia Preferred C ADS AXICY | — | LOCK|vT | $20B | |||
| EDP Renewables SA ADR EDRVY | — | LOCK|G< | $17B | |||
| EDP Renewables SA EDRVF | — | LOCK|V# | $17B | |||
| China Longyuan Power Group Corp Ltd ADR CLPXY | — | LOCK|?x | $13B |
United States