Vector Limited Share Price and Company Fundamentals
Last traded: Yesterday at 4:59 AM
Vector Limited, together with its subsidiaries, engages in electricity and gas distribution, natural gas and LPG sale, and telecommunication and new energy solutions businesses in New Zealand. The company operates through two segments, Regulated Networks and Gas Trading. It distributes electricity to residential and commercial customers in Auckland through its network consisting of approximately 19,000 kilometers of electricity lines; bulk LPG to commercial customers; and bottled LPG to commercial and residential customers, as well as processes, trades, and sells natural gas. The company also designs, builds, and maintains data networks in Auckland; provides solar photovoltaic and energy storage systems; and operates electric vehicle charging station. In addition, it offers bulk LPG storage, distribution, and management services; trustee and technology services; and ventilation, heating, and water systems and assembly services. The company was incorporated in 1990 and is headquartered in Auckland, New Zealand. Vector Limited operates as a subsidiary of Entrust.
Key Metrics
PE ratio
56.94
PB ratio
0.97
Dividend yield
4.75%
Beta
0.43
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Utilities—Diversified / Utilities |
|---|---|
| Website | https://www.vector.co.nz |
| Mailing address | 101 Carlton Gore Road Newmarket Auckland 1023 New Zealand |
| Phone / Fax | 64 9 978 7788 / 64 9 978 7799 |
Dividends
Dividend yield
4.75%
Dividend amount
$0.18
Payout ratio
261.30%
5Y Avg. yield
4.23%
Vector Limited paid $0.18 dividend and the ex-dividend date was 27 Mar 2024.The dividend payout ratio is 261.30%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VCT dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
VCT's forward dividend amount is $0.19 and the forward dividend yield is 5.07%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Vector Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Simon MacKenzie | Group Chief Executive Officer | ||
| Mr. Jason Hollingworth F.C.A. | Chief Financial Officer | ||
| Mr. John Rodger B.A., L.L.B. | Chief Legal & Assurance Officer and Company Secretary | ||
| Ms. Sarah Williams B.A. | Chief People & Communications Officer | ||
| Mr. Mark Toner B.Com., L.L.B. | Chief Public Policy & Regulatory Officer | ||
| Mr. Peter Ryan B.E. | Chief Operating Officer of Electricity, Gas & Fibre | ||
| Mr. Shailesh Manga | Chief Operating Officer of Vector Technology Solutions |
Profitability and management effectiveness
Profit margin
136.17%
Operating margin
28.39%
Return on assets
2.75%
Return on equity
2.27%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Vector Limited is and its enterprise value is .
The VCT's stocks Beta value is 0.43 making it 57% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Vector Limited (NZX:VCT) Frequently Asked Questions
1. What is Vector Limited's Stock Symbol?
Vector Limited trades on NZX under the ticker symbol "VCT".
2. What is Vector Limited's stock price today?
One share of VCT stock can currently be purchased for approximately $3.65.
3. How can I contact Vector Limited?
Vector Limited's mailing address is 101 Carlton Gore Road Newmarket Auckland 1023 New Zealand. The company can be reached via phone at 64 9 978 7788.
4. What is Vector Limited's official website?
The official website of Vector Limited is https://www.vector.co.nz.