SPARK NEW ZEALAND LIMITED (SPK)
Share Price Analysis and Chart

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SPK - SPARK NEW ZEALAND LIMITED

FNArena Sector : Telecommunication
Year End: June
GICS Industry Group : Telecommunication Services
Debt/EBITDA: 2.19
Index: ASX300 | ALL-ORDS

Spark New Zealand, formerly Telecom New Zealand, provides fixed line, mobile and internet services to New Zealand customers. It has been listed on the ASX and NZX since 1991.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.59

20 Dec
2024

0.010

OPEN

$2.56

0.39%

HIGH

$2.59

12,142,237

LOW

$2.54

OTHER COMPANIES IN THE SAME SECTOR
5GG . 5GN . ABB . CNU . ESK . FSG . HTA . MAQ . SLC . ST1 . TLS . TPG . TPG . TUA .
FNARENA'S MARKET CONSENSUS FORECASTS
SPK: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 18.2 xxx
DPS (cps) 22.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 14.4 xxx
Dividend Yield 8.7% xxx
Div Pay Ratio(%) 125.9% xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 5.73%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 9.45

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 14/09 - ex-div 12.5c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx16.0
DPS All xxxxxxxxxxxxxxx29.9
Sales/Revenue xxxxxxxxxxxxxxx3,477.4 M
Book Value Per Share xxxxxxxxxxxxxxx80.0
Net Operating Cash Flow xxxxxxxxxxxxxxx697.5 M
Net Profit Margin xxxxxxxxxxxxxxx8.41 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx18.07 %
Return on Invested Capital xxxxxxxxxxxxxxx9.25 %
Return on Assets xxxxxxxxxxxxxxx7.00 %
Return on Equity xxxxxxxxxxxxxxx18.07 %
Return on Total Capital xxxxxxxxxxxxxxx13.97 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-305.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx465 M
Long Term Debt xxxxxxxxxxxxxxx1,689 M
Total Debt xxxxxxxxxxxxxxx2,154 M
Goodwill - Gross xxxxxxxxxxxxxxx266 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx54 M
Price To Book Value xxxxxxxxxxxxxxx4.75

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx545.8 M
Capex % of Sales xxxxxxxxxxxxxxx15.70 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,753 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx230 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx211 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

31/10/2024

1

Outperform

-

-

Macquarie highlights a downgrade in midpoint FY25 EBITDA guidance of -3.5% from Spark New Zealand with dividend guidance dropped to NZ25c by -NZ2.5c per share.

The downgrade comes on the back of May's downgrade and continues to reflect cyclical issues with prepaid mobile and some structural elements from government/corporate spending, the broker comments.

The broker lowers EPS forecasts by around -7% for FY25/FY26 and notes the change is disappointing but the share price is discounting a lot of "downside risks".

Outperform. Target is reduced to NZ$4.34 from NZ$4.72.

FORECAST
Macquarie forecasts a full year FY25 dividend of 22.93 cents and EPS of 17.52 cents.
Macquarie forecasts a full year FY26 dividend of 22.93 cents and EPS of 18.62 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

2

xxxxxxxxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Goldman Sachs

01/08/2024

3

Upgrade to Neutral from Sell

-

-

Following recent June quarter reporting, Goldman Sachs reviews its forecasts for stocks under coverage within the Technology, Media, and Telecommunications (TMT) sector.

The broker lowers its target for Spark New Zealand to NZ$4.50 from NZ$4.90 noting softer enterprise revenue is being partially offset by lower costs. The rating is upgraded to Neutral from Sell on valuation.

Goldman's preference among A&NZ telcos is Telstra Group, while TPG Telecom is least preferred and is downgraded to Sell from Neutral.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 25.41 cents and EPS of 22.02 cents.
Access Extra Coverage Research History >

SPK STOCK CHART

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