Vector Ltd
NZX:VCT
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (5.6), the stock would be worth NZ$4.52 (8% downside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 6.1 | NZ$4.94 |
0%
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| 3-Year Average | 5.6 | NZ$4.52 |
-8%
|
| 5-Year Average | 5.5 | NZ$4.47 |
-10%
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| Industry Average | 3.2 | NZ$2.58 |
-48%
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| Country Average | 3.2 | NZ$2.58 |
-48%
|
Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
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NZ$6.8B
|
/ |
Jan 2026
NZ$1.1B
|
= |
|
|
NZ$6.8B
|
/ |
Jun 2026
NZ$1.2B
|
= |
|
|
NZ$6.8B
|
/ |
Jun 2027
NZ$1.2B
|
= |
|
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NZ$6.8B
|
/ |
Jun 2028
NZ$1.3B
|
= |
|
Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| NZ |
|
Vector Ltd
NZX:VCT
|
4.9B NZD | 6.1 | 31.8 | |
| UK |
|
National Grid PLC
LSE:NG
|
64.2B GBP | 5.9 | 22.2 | |
| FR |
|
Engie SA
PAR:ENGI
|
68.8B EUR | 1.4 | 18.8 | |
| US |
|
Sempra Energy
NYSE:SRE
|
60.4B USD | 6.8 | 33.6 | |
| DE |
|
E.ON SE
XETRA:EOAN
|
48.9B EUR | 1 | 28.4 | |
| US |
|
Dominion Energy Inc
NYSE:D
|
54.9B USD | 6.1 | 18.6 | |
| US |
S
|
Sempra
VSE:SREN
|
43.4B EUR | 6.1 | 27.8 | |
| DE |
|
RWE AG
XETRA:RWE
|
43.3B EUR | 2.6 | 14 | |
| US |
|
Public Service Enterprise Group Inc
NYSE:PEG
|
39.9B USD | 5.2 | 18.9 | |
| US |
|
Consolidated Edison Inc
NYSE:ED
|
39.3B USD | 3.9 | 19.4 | |
| US |
|
WEC Energy Group Inc
NYSE:WEC
|
37.5B USD | 5.9 | 24.1 |
Market Distribution
| Min | 0.2 |
| 30th Percentile | 1.7 |
| Median | 3.2 |
| 70th Percentile | 5.7 |
| Max | 23.9 |
Other Multiples
Vector Ltd
Glance View
Founded in New Zealand, Vector Ltd is a notable player in the energy and utilities sector, carving its niche by managing electricity and gas distribution services. This Auckland-based company has honed its focus on providing infrastructure that supports the regions where it operates, significantly impacting the energy supply chain. Vector's operations revolve around managing the logistics of power distribution and creating a seamless experience for its clientele, from utility companies to end consumers. By overseeing an extensive network of electricity lines and gas pipelines, Vector ensures that these essential resources reach both urban and remote areas efficiently, thus playing a crucial role in keeping the literal and metaphorical lights on in New Zealand homes and businesses. To generate revenue, Vector employs a business model that capitalizes on its robust infrastructure framework and partnerships. This model isn't just about traditional energy distribution; Vector has also embraced new energy solutions such as solar and battery storage systems along with smart meters that offer data-driven insights. These innovations not only provide more efficient energy solutions but also open up diversified income streams for the company. Additionally, Vector's investment in technology further extends into services for maintaining infrastructure and providing energy solutions that align with modern demands for sustainability and efficiency. By integrating these contemporary approaches with their established operations, Vector effectively positions itself not just as a utility service provider, but also as a forward-thinking energy solutions company.