Spark New ZealandASX:SPK +1.31%72 Forward PE Ratio is 14.09 as of Jul. 11, 2026. GuruFocus rates ASX:SPK with a GF Score™ of 72/100 and a GF Value™ of A$2.68 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 210 Telecommunication Services companies, Spark New Zealand ranks better than 50.95% on this metric.
Spark New Zealand (ASX:SPK) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Spark New Zealand Forward PE Ratio Related Terms
Spark New Zealand Forward PE Ratio Historical Data
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The historical data trend for Spark New Zealand's Forward PE Ratio 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.
Spark New Zealand Forward PE Ratio Chart
Spark New Zealand Annual Data
Trend
2016-06
2017-06
2018-06
2019-06
2020-06
2021-06
2022-06
2023-06
2024-06
2025-06
Forward PE Ratio
16.69
17.83
16.86
18.15
17.09
21.98
21.14
19.80
17.79
17.02
Spark New Zealand Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
16.86
16.69
16.37
17.83
16.53
16.86
18.35
18.15
18.76
17.09
20.20
21.98
20.70
21.14
21.79
19.80
20.45
17.79
16.69
17.02
17.70
ASX:SPK vs TMUS, VZ, T: Forward PE Ratio Comparison
For the Telecom Services subindustry, Spark New Zealand's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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 Forward PE Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Spark New Zealand's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Spark New Zealand (ASX:SPK) has a Forward PE Ratio of 14.09 as of Jul. 11, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Spark New Zealand and its competitors. According to the industry distribution chart, Spark New Zealand ranks #103 out of 210 companies in the Telecommunication Services industry, placing it in the top 49%.
Is Spark New Zealand's Forward PE Ratio too high?
Spark New Zealand's current Forward PE Ratio is 14.09. The Telecommunication Services industry median Forward PE Ratio is 14.05. Spark New Zealand's value of 14.09 is 0.3% above this industry median. Based on the distribution chart, Spark New Zealand ranks #103 out of 210 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Spark New Zealand has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spark New Zealand's Forward PE Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Spark New Zealand ranks #103 out of 210 companies for Forward PE Ratio. This puts Spark New Zealand in the upper half of its industry. The industry median Forward PE Ratio is 14.05. Spark New Zealand's value of 14.09 is 0.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Telecommunication Services company?
The median Forward PE Ratio among Telecommunication Services companies is 14.05, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spark New Zealand's current Forward PE Ratio of 14.09 is 0.3% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Spark New Zealand and its competitors. For the Telecommunication Services industry, the median Forward PE Ratio is 14.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark New Zealand's current Forward PE Ratio is 14.09. 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$2.68, compared to a current price of A$1.55 — trading 42.2% below its estimated fair value. The current Forward PE Ratio is 14.09 and 0.3% above the Telecommunication Services industry median of 14.05. Spark New Zealand's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Spark New Zealand (ASX:SPK), the current Forward PE Ratio is 14.09 as of Jul. 11, 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$1.55 is trading 42.2% below its estimated GF Value™ of A$2.68.
GuruFocus considers Spark New Zealand to be Significantly Undervalued.
Key valuation signals for ASX:SPK:
Forward PE Ratio: 14.09
GF Value™: A$2.68 vs. price of A$1.55 (42.2% below fair value)
Industry Position: 0.3% above the Telecommunication Services median (#103 of 210)
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.
72GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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