Contact Energy Limited (COENF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Contact Energy Limited $3.40, price $5.03, upside -32.4%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Contact Energy Limited
COENF · USOvervalued / MonitorQuality is not strong enough to offset the price risk.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $1.46 – $6.36 · fair‑value band $1.88 – $5.60 · the $5.03 price screens above the $3.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Company profile
Contact Energy Limited generates and sells electricity and natural gas in New Zealand. It operates through Wholesale and Retail segments.
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Contact Energy Limited generates and sells electricity and natural gas in New Zealand. It operates through Wholesale and Retail segments. The company involved in selling electricity to the wholesale electricity market, to commercial and industrial customers; and delivering electricity, natural gas, broadband, and other products and services to mass market customers. It also provides bottled gas products. In addition, the company owns and operates hydro, geothermal, and thermal power stations. Contact Energy Limited was incorporated in 1995 and is based in Wellington, New Zealand.
Stock analysis
Contact Energy Limited (COENF) currently trades at $5.03, while our model-based Fair Value estimate is $3.40, 32.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $8.19 per share, and 9 of the 26 models we run sit above the $5.03 price.
Bear case: the Asset-Based group reads lowest at $1.05, and 17 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: $1.88 (bear) to $5.60 (bull), the price of $5.03 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Utilities sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Contact Energy Limited reported revenue of 3.4B NZD in FY2025 versus 2.6B NZD in FY2021, a compound +7.4%/yr. Reported net income was 331M NZD in FY2025, compounding +15.3%/yr from FY2021.
Key figures
Market cap $5.6B · P/E ratio 19.3 · P/S ratio 1.88 · EPS (TTM) $0.2600 · Dividend yield 7.8% · Net margin 9.7% · Return on equity 11.1% · Return on assets (EBIT) 6.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −40% fair-value upside, at −32%, COENF screens cheaper than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 60
Revenue & earnings trend
Growth Forecast
COENF screens overvalued: fair value 32% below the price. Compare with China Yangtze Power Co →
Earlier news
- Contact Energy Ltd's Dividend Analysis
- Is Contact Energy Limited (NZSE:CEN) Trading At A 35% Discount?
- Should Weakness in Contact Energy Limited's (NZSE:CEN) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financi
- Contact Energy Limited's (NZSE:CEN) top owners are individual investors with 48% stake, while 43% is held by institutions
Compare Contact Energy Limited with another stock
Price, fair value, quality and upside side by side.
Context: sector, industry, market
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Yangtze Power Co 600900 | ¥28.36 | ¥31.20 | +10% |
| Ørsted A/S ORSTED | kr 139.45 | kr 31.40 | −77% |
| Huaneng Lancang River Hydropower Inc 600025 | ¥9.75 | ¥4.45 | −54% |
| Fortum Oyj FORTUM | €23.42 | €14.06 | −40% |
| VERBUND AG VER | €63.20 | €56.60 | −10% |
| Adani Green Energy Limited ADANIGREEN | ₹1,297 | ₹169.61 | −87% |
| SDIC Power Holdings 600886 | ¥14.86 | ¥16.35 | +10% |
| EDP Renewables, S.A EDPR | €12.99 | €3.53 | −73% |
| China Three Gorges Renewables (Group) Co 600905 | ¥3.61 | ¥2.40 | −34% |
| Public Power Corporation PPC | €22.96 | €7.44 | −68% |
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Frequently asked questions
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Key figures of Contact Energy Limited
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