Vector Limited Share Price and Company Fundamentals
Last traded: Today at 10:12 PM
Vector Limited, together with its subsidiaries, engages in electricity and gas distribution, natural gas and LPG sale, gas processing, metering, and telecommunication and energy businesses in New Zealand. It operates through three segments: Regulated Networks, Gas Trading, and Metering. The company distributes electricity to residential and commercial customers in Auckland, from Wellsford to Papakura through its network consisting of approximately 18,000 kilometers of overhead lines and underground cables; natural gas to customers; bulk LPG to commercial customers; and bottled LPG to commercial and residential customers. It also provides Vector solar systems; electricity and gas metering services to approximately 2,000,000 homes and businesses; and designs, builds, and supports fiber network solutions that connect approximately 800 buildings in Auckland. In addition, the company offers electric vehicle charging station app; bulk LPG storage, distribution, and management services; fiber services; and ventilation, heating, and water systems and related assembly services. The company is headquartered in Auckland, New Zealand. Vector Limited is a subsidiary of Entrust.
Key Metrics
PE ratio
20.77
PB ratio
1.79
Dividend yield
3.86%
Beta
0.37
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Utilities—Diversified / Utilities |
|---|---|
| Full time employees | 600 |
| 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
3.86%
Dividend amount
$0.17
Payout ratio
80.92%
5Y Avg. yield
4.44%
Vector Limited paid $0.17 dividend and the ex-dividend date was 29 Mar 2022.The dividend payout ratio is 80.92%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VCT dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
VCT's forward dividend amount is $0.17 and the forward dividend yield is 3.84%. 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 Jul 2022, following are the company executives and directors listed on Vector Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Simon MacKenzie | Group Chief Exec. Officer | ||
| Mr. Jason Hollingworth F.C.A. | Chief Financial Officer | ||
| Mr. John Rodger B.A., L.L.B. | Chief Legal & Assurance Officer and Company Sec. | ||
| Ms. Sarah Williams B.A. | People & Communications Officer | ||
| Mr. Richard Sharp | Head of Regulatory | ||
| Ms. Brenda Talacek L.L.B. | Chief Operating Officer of Metering & OnGas | ||
| 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 Digital Officer |
Profitability and management effectiveness
Profit margin
15.70%
Operating margin
27.90%
Return on assets
3.54%
Return on equity
8.86%
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 0.37 making it 63% 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 $4.33.
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.