Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Spark New ZealandASX:SPK +1.96%64 EV-to-EBIT is 10.99 as of Jul. 20, 2026, which is 25% below its 10-year median of 14.56. GuruFocus rates ASX:SPK with a GF Score™ of 64/100 and a GF Value™ of A$2.71 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 282 Telecommunication Services companies, Spark New Zealand ranks better than 56.38% on this metric.
The historical rank and industry rank for Spark New Zealand's EV-to-EBIT or its related term are showing as below:
ASX:SPK'
s EV-to-EBIT Range Over the Past 10 Years
Min: 7.75 Med: 14.56 Max: 19.05
Current: 12.24
During the past 13 years, the highest EV-to-EBIT of Spark New Zealand was 19.05. The lowest was 7.75. And the median was 14.56.
ASX:SPK's EV-to-EBIT is ranked better than 56.38% of 282
companies
in the Telecommunication Services industry
Industry Median: 13.315
vs ASX:SPK: 12.24
Spark New Zealand (ASX:SPK) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Spark New Zealand's Enterprise Value for the quarter that ended in Dec. 2025 was A$5,631 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spark New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$427 Mil.
* 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 EV-to-EBIT Related Terms
Spark New Zealand EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Spark New Zealand's EV-to-EBIT 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.
For the Telecom Services subindustry, Spark New Zealand's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Spark New Zealand's EV-to-EBIT falls into.
Spark New Zealand's current Enterprise Value is A$4,690 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spark New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$427 Mil.
* 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 EV-to-EBIT of 10.99 as of Jul. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Spark New Zealand and its competitors. This is 25% below median its historical median of 14.56. Over the past decade, Spark New Zealand's EV-to-EBIT has ranged from 7.75 to 19.05. According to the industry distribution chart, Spark New Zealand ranks #123 out of 282 companies in the Telecommunication Services industry, placing it in the top 43.6%.
Is Spark New Zealand's EV-to-EBIT too high?
Spark New Zealand's current EV-to-EBIT of 10.99 is 25% below median its 10-year median of 14.56. Over the past 10 years, this metric has ranged from a low of 7.75 to a high of 19.05. The Telecommunication Services industry median EV-to-EBIT is 13.32. Spark New Zealand's value of 10.99 is 17.5% below this industry median. Based on the distribution chart, Spark New Zealand ranks #123 out of 282 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Spark New Zealand has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spark New Zealand's EV-to-EBIT compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Spark New Zealand ranks #123 out of 282 companies for EV-to-EBIT. This puts Spark New Zealand in the upper half of its industry. The industry median EV-to-EBIT is 13.32. Spark New Zealand's value of 10.99 is 17.5% below this benchmark. Historically, Spark New Zealand's own EV-to-EBIT has ranged from 7.75 to 19.05 over the past decade. While the company's 10-year median is 14.56 vs. the industry median of 13.32, 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 EV-to-EBIT for a Telecommunication Services company?
The median EV-to-EBIT among Telecommunication Services companies is 13.32, based on 282 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spark New Zealand's current EV-to-EBIT of 10.99 is 17.5% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Spark New Zealand and its competitors. For the Telecommunication Services industry, the median EV-to-EBIT is 13.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark New Zealand's current EV-to-EBIT is 10.99, which is 25% below median its own 10-year median of 14.56. 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$2.71, compared to a current price of A$1.56 — trading 42.4% below its estimated fair value. The current EV-to-EBIT is 10.99, which is 25% below median its 10-year median of 14.56 and 17.5% below the Telecommunication Services industry median of 13.32. Spark New Zealand's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Spark New Zealand (ASX:SPK), the current EV-to-EBIT is 10.99 as of Jul. 20, 2026. 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$1.56 is trading 42.4% below its estimated GF Value™ of A$2.71.
GuruFocus considers Spark New Zealand to be Significantly Undervalued.
Key valuation signals for ASX:SPK:
EV-to-EBIT: 10.99 (25% below median its 10-year median of 14.56)
GF Value™: A$2.71 vs. price of A$1.56 (42.4% below fair value)
Industry Position: 17.5% below the Telecommunication Services median (#123 of 282)
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.
64GF Score
Get the complete analysis for ASX:SPK
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:SPK has been successfully added to your 
