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Contact Energy - Stock

Contact Energy P/S 2024

Contact Energy P/S

2.6

Ticker

CEN.NZ

ISIN

NZCENE0001S6

WKN

922214

As of Jun 28, 2024, Contact Energy's P/S ratio stood at 2.6, a -11.56% change from the 2.94 P/S ratio recorded in the previous year.

The Contact Energy P/S history

Contact Energy Aktienanalyse

What does Contact Energy do?

Contact Energy Ltd is a leading energy provider in New Zealand. The company was formed in 1995 through the merger of Contact and Ecogen Energy and has been listed on the New Zealand Stock Exchange since 1999. Originally started as a pure electricity generator, the company has since diversified and now also offers gas and telecommunications services. The business model of Contact Energy Ltd is based on the generation, distribution, and sale of energy. As a merger of power generators, the company has a wide base of power plants, including coal, gas, and hydro power plants. Contact Energy Ltd is committed to using a large proportion of renewable energy sources to reduce environmental impact. Currently, about 80% of the energy comes from renewable sources such as wind and hydro power. In the electricity supply sector, Contact Energy Ltd is an important player in the New Zealand market and supplies around 25% of households and businesses with electricity. The company places great importance on customer service and invests continuously in the expansion and modernization of the electricity network. Currently, the company owns about 45,000 km of electricity lines and 60,000 km of gas pipelines. In addition to electricity and gas supply, Contact Energy Ltd also offers telecommunications services. The company utilizes its existing network to provide customers with internet and telephone connections. With the aim of providing seamless and comprehensive services, Contact Energy Ltd also operates its own retail stores and offers customers the opportunity to manage energy and telecommunications solutions online. In recent years, Contact Energy Ltd has focused on expanding renewable energy solutions to contribute to combating climate change. The company has invested in wind power projects and solar installations to drive the transition to renewable energy. The company plans to develop additional renewable energy sources in the future, including geothermal and hydrogen. In addition to energy and telecommunications services, Contact Energy Ltd also offers a variety of additional products and solutions. This includes various smart technology solutions that help customers optimize energy consumption and save costs. Furthermore, the company is increasingly focusing on e-mobility and offers various solutions and products for charging electric vehicles. Overall, Contact Energy Ltd is an important player in the New Zealand energy landscape, playing a significant role in both electricity and gas supply. With a focus on renewable energy and increased diversification in the telecommunications sector, the company is well-equipped to meet future competition. Contact Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Contact Energy's P/S Ratio

Contact Energy's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Contact Energy's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Contact Energy's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Contact Energy’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Contact Energy Stock

What is the price-to-earnings ratio of Contact Energy?

The price-earnings ratio of Contact Energy is currently 2.6.

How has the price-earnings ratio of Contact Energy changed compared to last year?

The price-to-earnings ratio of Contact Energy has increased by -11.56% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Contact Energy high compared to other companies?

Yes, the price-to-earnings ratio of Contact Energy is high compared to other companies.

How does an increase in the price-earnings ratio of Contact Energy affect the company?

An increase in the price-earnings ratio of Contact Energy would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Contact Energy affect the company?

A decrease in the price-earnings ratio of Contact Energy would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Contact Energy?

Some factors that influence the price-earnings ratio of Contact Energy are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Contact Energy pay?

Over the past 12 months, Contact Energy paid a dividend of 0.52 NZD . This corresponds to a dividend yield of about 5.74 %. For the coming 12 months, Contact Energy is expected to pay a dividend of 0.5 NZD.

What is the dividend yield of Contact Energy?

The current dividend yield of Contact Energy is 5.74 %.

When does Contact Energy pay dividends?

Contact Energy pays a quarterly dividend. This is distributed in the months of October, April, October, March.

How secure is the dividend of Contact Energy?

Contact Energy paid dividends every year for the past 23 years.

What is the dividend of Contact Energy?

For the upcoming 12 months, dividends amounting to 0.5 NZD are expected. This corresponds to a dividend yield of 5.53 %.

In which sector is Contact Energy located?

Contact Energy is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Contact Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Contact Energy from 3/18/2024 amounting to 0.208 NZD, you needed to have the stock in your portfolio before the ex-date on 2/26/2024.

When did Contact Energy pay the last dividend?

The last dividend was paid out on 3/18/2024.

What was the dividend of Contact Energy in the year 2023?

In the year 2023, Contact Energy distributed 0.514 NZD as dividends.

In which currency does Contact Energy pay out the dividend?

The dividends of Contact Energy are distributed in NZD.

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Andere Kennzahlen von Contact Energy

Our stock analysis for Contact Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Contact Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.