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VectorNZSE:VCT +1.64%73 EV-to-EBITDA is 12.37 as of Aug. 14, 2026, which is 6% above its 10-year median of 11.65. GuruFocus rates NZSE:VCT with a GF Score™ of 73/100 and a GF Value™ of NZ$4.19 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 466 Utilities - Regulated companies, Vector ranks worse than 66.74% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Vector's enterprise value is NZ$7,036 Mil.
Vector's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$569 Mil. Therefore, Vector's EV-to-EBITDA for today is 12.37.
The historical rank and industry rank for Vector's EV-to-EBITDA or its related term are showing as below:
NZSE:VCT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.32 Med: 11.65 Max: 14.31
Current: 12.37
During the past 13 years, the highest EV-to-EBITDA of Vector was 14.31. The lowest was 10.32. And the median was 11.65.
NZSE:VCT's EV-to-EBITDA is ranked worse than 66.74% of 466
companies
in the Utilities - Regulated industry
Industry Median: 9.92
vs NZSE:VCT: 12.37
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-14), Vector's stock price is NZ$4.95.
Vector's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.154. Therefore, Vector's PE Ratio (TTM) for today is 32.14.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Vector's share price for today is NZ$4.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vector's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.154.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Vector's EV-to-EBITDA 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 Utilities - Diversified subindustry, Vector's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Vector EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Vector's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Vector's EV-to-EBITDA falls into.
Vector's current Enterprise Value is NZ$7,036 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vector's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$569 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.
Vector (NZSE:VCT) has a EV-to-EBITDA of 12.37 as of Aug. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Vector. This is near median its historical median of 11.65. Over the past decade, Vector's EV-to-EBITDA has ranged from 10.32 to 14.31. According to the industry distribution chart, Vector ranks #311 out of 466 companies in the Utilities - Regulated industry, placing it in the top 66.7%.
Is Vector's EV-to-EBITDA too high?
Vector's current EV-to-EBITDA of 12.37 is near median its 10-year median of 11.65. Over the past 10 years, this metric has ranged from a low of 10.32 to a high of 14.31. The Utilities - Regulated industry median EV-to-EBITDA is 9.92. Vector's value of 12.37 is 24.7% above this industry median. Based on the distribution chart, Vector ranks #311 out of 466 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Vector has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vector's EV-to-EBITDA compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Vector ranks #311 out of 466 companies for EV-to-EBITDA. This places Vector in the lower half of its industry. The industry median EV-to-EBITDA is 9.92. Vector's value of 12.37 is 24.7% above this benchmark. Historically, Vector's own EV-to-EBITDA has ranged from 10.32 to 14.31 over the past decade. While the company's 10-year median is 11.65 vs. the industry median of 9.92, Vector has consistently been above 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-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.92, based on 466 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vector's current EV-to-EBITDA of 12.37 is 24.7% above 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Vector. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vector's current EV-to-EBITDA is 12.37, which is near median its own 10-year median of 11.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vector stock overvalued right now?
Based on GuruFocus' analysis, Vector (NZSE:VCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$4.19, compared to a current price of NZ$4.95 — trading 18.1% above its estimated fair value. The current EV-to-EBITDA is 12.37, which is near median its 10-year median of 11.65 and 24.7% above the Utilities - Regulated industry median of 9.92. Vector's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Vector (NZSE:VCT), the current EV-to-EBITDA is 12.37 as of Aug. 14, 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 Vector (NZSE:VCT) Overvalued in 2026?
Based on GuruFocus' analysis, Vector stock appears to be overvalued.
The current stock price of NZ$4.95 is trading 18.1% above its estimated GF Value™ of NZ$4.19.
GuruFocus considers Vector to be Modestly Overvalued.
Key valuation signals for NZSE:VCT:
EV-to-EBITDA: 12.37 (near median its 10-year median of 11.65)
GF Value™: NZ$4.19 vs. price of NZ$4.95 (18.1% above fair value)
Industry Position: 24.7% above the Utilities - Regulated median (#311 of 466)
No single metric tells the full story. See the NZSE:VCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vector Ltd is a New Zealand infrastructure company. The company's operating segment includes Electricity Distribution; and Gas Distribution. It generates maximum revenue from the Electricity Distribution segment. The Auckland electricity distribution services segment includes Auckland electricity distribution services. Gas Trading includes Auckland Gas distribution services.
73GF Score
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