Z

Z Energy Ltd
ASX:ZEL

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Z Energy Ltd
ASX:ZEL
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Price: 3.45 AUD Market Closed
Market Cap: AU$1.8B

P/S

0.5
Current
8%
More Expensive
vs 3-y average of 0.5

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.5
=
Market Cap
AU$1.8B
/
Revenue
NZ$4.2B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.5
=
Market Cap
AU$1.8B
/
Revenue
NZ$4.2B

Valuation Scenarios

Z Energy Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (0.5), the stock would be worth AU$3.19 (8% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-8%
Maximum Upside
+446%
Average Upside
172%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.5 AU$3.45
0%
3-Year Average 0.5 AU$3.19
-8%
5-Year Average 0.5 AU$3.16
-8%
Industry Average 1.8 AU$12.41
+260%
Country Average 2.8 AU$18.82
+446%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
AU$1.8B
/
Oct 2021
NZ$4.2B
=
0.5
Current
AU$1.8B
/
Mar 2023
NZ$4.4B
=
0.4
Forward
AU$1.8B
/
Mar 2024
NZ$4.6B
=
0.4
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
NZ
Z Energy Ltd
ASX:ZEL
1.8B AUD 0.5 10.1
CA
Enbridge Inc
TSX:ENB
156.2B CAD 2.4 22.1
US
Williams Companies Inc
NYSE:WMB
89.3B USD 7.5 34.1
US
Enterprise Products Partners LP
NYSE:EPD
83.2B USD 1.6 14.5
US
Kinder Morgan Inc
NYSE:KMI
70.7B USD 4 21.4
US
Energy Transfer LP
NYSE:ET
66.8B USD 0.8 16
CA
TC Energy Corp
TSX:TRP
87.9B CAD 5.9 26.4
US
MPLX LP
NYSE:MPLX
56.1B USD 4.3 11.5
US
ONEOK Inc
NYSE:OKE
56.5B USD 1.7 16.7
US
Cheniere Energy Inc
NYSE:LNG
55.7B USD 2.8 10.5
US
Targa Resources Corp
NYSE:TRGP
53.3B USD 3.1 29

Market Distribution

Lower than 87% of companies in New Zealand
Percentile
13th
Based on 236 companies
13th percentile
0.5
Low
0 — 1.3
Typical Range
1.3 — 4.2
High
4.2 —
Distribution Statistics
New Zealand
Min 0
30th Percentile 1.3
Median 2.8
70th Percentile 4.2
Max 20.7

Z Energy Ltd
Glance View

Market Cap
1.8B AUD
Industry
Energy

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.

ZEL Intrinsic Value
Not Available
Z
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