Spark New ZealandASX:SPK +1.32%71 Market Cap is A$2,877 Mil as of Jun. 27, 2026. GuruFocus rates ASX:SPK with a GF Score™ of 71/100 and a GF Value™ of A$2.69 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 379 Telecommunication Services companies, Spark New Zealand ranks better than 66.49% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Spark New Zealand's share price for the quarter that ended in Dec. 2025 was A$1.95. Spark New Zealand's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 1,890 Mil. Therefore, Spark New Zealand's market cap for the quarter that ended in Dec. 2025 was A$3,686 Mil.
Spark New Zealand's quarterly market cap
declined
from Dec. 2024 (A$4,961 Mil) to Jun. 2025 (A$4,251 Mil) and
declined
from Jun. 2025 (A$4,251 Mil) to Dec. 2025 (A$3,686 Mil).
Spark New Zealand's annual market cap
declined
from Jun. 2023 (A$8,616 Mil) to Jun. 2024 (A$6,948 Mil) and
declined
from Jun. 2024 (A$6,948 Mil) to Jun. 2025 (A$4,251 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Spark New Zealand's Enterprise Value for Today is A$4,704 Mil.
Spark New Zealand (ASX:SPK) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Spark New Zealand Market Cap Related Terms
Spark New Zealand Market Cap Historical Data
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The historical data trend for Spark New Zealand's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's Market Cap distribution charts can be found below:
* The bar in red indicates where Spark New Zealand's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Spark New Zealand's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as
* 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 Market Cap of A$2,877 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Spark New Zealand and its competitors. According to the industry distribution chart, Spark New Zealand ranks #127 out of 379 companies in the Telecommunication Services industry, placing it in the top 33.5%.
Is Spark New Zealand's Market Cap too high?
Spark New Zealand's current Market Cap is A$2,877 Mil. Based on the distribution chart, Spark New Zealand ranks #127 out of 379 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Spark New Zealand has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spark New Zealand's Market Cap compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Spark New Zealand ranks #127 out of 379 companies for Market Cap. This puts Spark New Zealand in the upper half of its industry. The industry median Market Cap is 481.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Telecommunication Services company?
The median Market Cap among Telecommunication Services companies is 481.64, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Spark New Zealand and its competitors. For the Telecommunication Services industry, the median Market Cap is 481.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark New Zealand's current Market Cap is A$2,877 Mil. 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$2.69, compared to a current price of A$1.54 — trading 42.9% below its estimated fair value. The current Market Cap is A$2,877 Mil. Spark New Zealand's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Spark New Zealand (ASX:SPK), the current Market Cap is A$2,877 Mil as of Jun. 27, 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$1.54 is trading 42.9% below its estimated GF Value™ of A$2.69.
GuruFocus considers Spark New Zealand to be Significantly Undervalued.
Key valuation signals for ASX:SPK:
Market Cap: A$2,877 Mil
GF Value™: A$2.69 vs. price of A$1.54 (42.9% below fair value)
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.
71GF Score
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