Z Energy Ltd
ASX:ZEL
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (1.7), the stock would be worth AU$3.19 (8% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.8 | AU$3.45 |
0%
|
| 3-Year Average | 1.7 | AU$3.19 |
-8%
|
| 5-Year Average | 1.7 | AU$3.16 |
-8%
|
| Industry Average | 1.5 | AU$2.87 |
-17%
|
| Country Average | 1.8 | AU$3.39 |
-2%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| NZ |
Z
|
Z Energy Ltd
ASX:ZEL
|
1.8B AUD | 1.8 | 10.1 | |
| CA |
|
Enbridge Inc
TSX:ENB
|
156.9B CAD | 2.5 | 22.2 | |
| US |
|
Williams Companies Inc
NYSE:WMB
|
88.2B USD | 6.9 | 33.7 | |
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
82.1B USD | 2.8 | 14.3 | |
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
70.6B USD | 2.3 | 21.4 | |
| US |
|
Energy Transfer LP
NYSE:ET
|
65.6B USD | 1.9 | 15.7 | |
| CA |
|
TC Energy Corp
TSX:TRP
|
86.8B CAD | 3.2 | 25.8 | |
| US |
|
MPLX LP
NYSE:MPLX
|
56.4B USD | 4 | 11.5 | |
| US |
|
ONEOK Inc
NYSE:OKE
|
55.1B USD | 2.5 | 16.2 | |
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
54B USD | 6.8 | 10.1 | |
| US |
|
Targa Resources Corp
NYSE:TRGP
|
51.7B USD | 16.8 | 28.1 |
Market Distribution
| Min | 0.3 |
| 30th Percentile | 1 |
| Median | 1.8 |
| 70th Percentile | 3.4 |
| Max | 11.6 |
Other Multiples
Z Energy Ltd
Glance View
Z Energy Ltd, a prominent player in New Zealand's energy sector, has carved a significant niche in the fuel distribution industry. Born from the divestment of assets by global giants, it has grown into an influential business with a focus on retail fuel sales and convenience store operations. The company's primary revenue driver is the retail fuel market, where it operates an extensive network of service stations across the country. These stations not only sell petrol and diesel to everyday consumers and businesses but also house convenience stores, offering a broad range of food, beverages, and essential items. This dual approach leverages the constant consumer need for fuel and the growing trend of on-the-go purchasing behavior, creating a robust stream of income beyond just hydrocarbons. Moreover, Z Energy's operations are tightly interwoven with various sectors of New Zealand's economy. The company is involved from the importation and refining to the distribution and retailing of petroleum products. Their strategic partnerships and contracts allow them to supply fuel to a wide range of enterprises, including aviation and marine sectors. Furthermore, Z Energy is actively investing in renewable energy initiatives, acknowledging the global shift toward sustainability and the potential this holds for future profitability. By blending traditional energy practices with forward-thinking sustainability efforts, Z Energy remains a central figure in both meeting current energy demands and anticipating future trends in the industry.