Vector Limited (VETTF) Fair Value & Analysis
Utilities · US · Market cap $2.2B
Vector Limited
VETTF · US
Fair value as of: Jul 22, 2026
From 19 valuation models · updated 19 days ago
Fair value updated Jul 22, 2026, revised from $1.46 to $1.51 (+3.4%) since Jun 25, 2026.
A solid business, but screening 45% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case ($1.73). The favourable scenario is already priced in.
- Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year. As of Jul 22, 2026.
How to read this chart
60‑month range $1.02 – $3.01 · fair‑value band $1.24 – $1.73 · the $2.73 price screens above the $1.51 fair value. As of Jul 22, 2026.
Analysis
Vector Limited (VETTF) currently trades at $2.73, while our model-based Fair Value estimate is $1.51, implying the stock looks roughly 44.7% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Vector Limited generated revenue of $1.1B at a net margin of 13.6%. Revenue grew 6.0% year over year. It earns a return on equity of 4.1%. Net debt stands at $2.1B. Fundamentals as of Jul 22, 2026
Our scenario range runs from $1.24 (bear case) to $1.73 (bull case); at $2.73, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 9% below its 52-week high and 4% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -48% fair-value upside, at -45%, VETTF screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 19 models by family
Widest divergence: Multiples ($2.60) versus DCF Models ($0.1300). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 49 · Market factors (momentum, volatility) 62
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Vector Limited, together with its subsidiaries, engages in electricity and gas distribution, telecommunication and new energy solutions businesses in New Zealand. The company operates in two segments, Electricity and Gas Distribution.
Full company description
Vector Limited, together with its subsidiaries, engages in electricity and gas distribution, telecommunication and new energy solutions businesses in New Zealand. The company operates in two segments, Electricity and Gas Distribution. It provides electricity to residential and commercial customers in Auckland through its network consisting of approximately 19,000 kilometers of electricity lines; and technology services. The company designs, builds, and maintains fibre-optic data networks, as well as owns and operates gas distribution network in Auckland; provides energy solutions for home ventilation, home heating, and water filtration systems; and operates electric vehicle charging station. In addition, it offers trustee and cyber security services. The company was incorporated in 1990 and is based in Auckland, New Zealand. Vector Limited is a subsidiary of Entrust.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Vector Limited reported revenue of $1.0B in FY2025 versus $1.2B in FY2021, a compound −3.5%/yr. Reported net income was $167M in FY2025, compounding −3.6%/yr from FY2021.
VETTF screens 45% overvalued. Compare with Iberdrola, S.A →
Peer Group
Utilities - Diversified · 51 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Utilities - Diversified median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Utilities - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Iberdrola, S.A IBE | €21.25 | €9.34 | -56% |
| Enel SpA ENEL | €10.28 | €5.83 | -43% |
| Engie SA 1ENGI | €26.59 | €17.39 | -35% |
| Sempra SRE | $93.15 | $47.77 | -49% |
| E.ON SE EOAN | €19.34 | €11.71 | -39% |
| RWE Aktiengesellschaft generates and 1RWE | €56.52 | €29.64 | -48% |
| ACWA Power Company 2082 | 198.20 SAR | 25.38 SAR | -87% |
| Brookfield Infrastructure Partners L.P. BIPUN | C$55.05 | C$17.66 | -68% |
| EnBW Energie Baden-Württemberg AG EBK | €69.00 | €21.11 | -69% |
| EDP, S.A EDP | €4.41 | €3.81 | -14% |
Compare Vector Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Utilities stocks →
Frequently asked questions
Is Vector Limited (VETTF) overvalued or undervalued?
What is the fair value of VETTF?
What is the quality score of VETTF?
What is the revenue of Vector Limited (VETTF)?
What is the net profit margin of VETTF?
Does Vector Limited pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Vector Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.