Spark New ZealandASX:SPK -2.03%67 EBITDA Margin % is 22.87% as of Dec. 2025, which is 24% below its 10-year median of 30.16. GuruFocus rates ASX:SPK with a GF Score™ of 67/100 and a GF Value™ of A$2.70 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 367 Telecommunication Services companies, Spark New Zealand ranks better than 55.31% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Spark New Zealand's EBITDA for the
six
months ended in Dec. 2025 was A$377 Mil. Spark New Zealand's Revenue for the
six
months ended in Dec. 2025 was A$1,649 Mil. Therefore, Spark New Zealand's EBITDA margin for the quarter that ended in Dec. 2025 was 22.87%.
Spark New Zealand (ASX:SPK) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Spark New Zealand EBITDA Margin % Related Terms
Spark New Zealand EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Spark New Zealand's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:SPK vs TMUS, VZ, T: EBITDA Margin % Comparison
For the Telecom Services subindustry, Spark New Zealand's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spark New Zealand EBITDA Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Spark New Zealand's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Spark New Zealand (ASX:SPK) has a EBITDA Margin % of 22.87% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Spark New Zealand and its competitors. This is 24% below median its historical median of 30.16. Over the past decade, Spark New Zealand's EBITDA Margin % has ranged from 28.00 to 43.48. According to the industry distribution chart, Spark New Zealand ranks #164 out of 367 companies in the Telecommunication Services industry, placing it in the top 44.7%.
Is Spark New Zealand's EBITDA Margin % too high?
Spark New Zealand's current EBITDA Margin % of 22.87% is 24% below median its 10-year median of 30.16. Over the past 10 years, this metric has ranged from a low of 28.00 to a high of 43.48. The Telecommunication Services industry median EBITDA Margin % is 25.57. Spark New Zealand's value of 22.87% is 10.6% below this industry median. Based on the distribution chart, Spark New Zealand ranks #164 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Spark New Zealand has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spark New Zealand's EBITDA Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Spark New Zealand ranks #164 out of 367 companies for EBITDA Margin %. This puts Spark New Zealand in the upper half of its industry. The industry median EBITDA Margin % is 25.57. Spark New Zealand's value of 22.87% is 10.6% below this benchmark. Historically, Spark New Zealand's own EBITDA Margin % has ranged from 28.00 to 43.48 over the past decade. While the company's 10-year median is 30.16 vs. the industry median of 25.57, Spark New Zealand has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Telecommunication Services company?
The median EBITDA Margin % among Telecommunication Services companies is 25.57, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spark New Zealand's current EBITDA Margin % of 22.87% is 10.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Spark New Zealand and its competitors. For the Telecommunication Services industry, the median EBITDA Margin % is 25.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark New Zealand's current EBITDA Margin % is 22.87%, which is 24% below median its own 10-year median of 30.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Spark New Zealand (ASX:SPK) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.70, compared to a current price of A$1.45 — trading 46.3% below its estimated fair value. The current EBITDA Margin % is 22.87%, which is 24% below median its 10-year median of 30.16 and 10.6% below the Telecommunication Services industry median of 25.57. Spark New Zealand's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Spark New Zealand (ASX:SPK), the current EBITDA Margin % is 22.87% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spark New Zealand (ASX:SPK) Overvalued in 2026?
Based on GuruFocus' analysis, Spark New Zealand stock appears to be undervalued.
The current stock price of A$1.45 is trading 46.3% below its estimated GF Value™ of A$2.70.
GuruFocus considers Spark New Zealand to be Significantly Undervalued.
Key valuation signals for ASX:SPK:
EBITDA Margin %: 22.87% (24% below median its 10-year median of 30.16)
GF Value™: A$2.70 vs. price of A$1.45 (46.3% below fair value)
Industry Position: 10.6% below the Telecommunication Services median (#164 of 367)
No single metric tells the full story. See the ASX:SPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spark is one of only three integrated telecommunications companies in New Zealand. It is the leading mobile network operator with low- to mid-40% subscriber and revenue share, and the dominant provider of fixed-line broadband services with a mid-30% subscriber share. It has a big position in the New Zealand corporate and wholesale telecommunications services provision space. Spark supplements its core telecommunications operations and related infrastructure with IT products and services across cloud, managed data and networks, procurement, data centers, and Internet of Things. Its operations are all based in New Zealand, except for its 41% interest in Southern Cross Submarine Cables, which has zero book value and to which Spark has no funding obligations.
67GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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