Vector (NZSE:VCT) Other Operating Expense: NZ$370 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NZSE:VCT Vector Ltd NZSE:VCT
73 GF Score
Price NZ$4.93
GF Value NZ$4.18
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Vector Other Operating Expense?

Vector NZSE:VCT -0.20% 73 Other Operating Expense is NZ$370 Mil as of Dec. 2025. GuruFocus rates NZSE:VCT with a GF Score™ of 73/100 and a GF Value™ of NZ$4.18 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Vector's Other Operating Expense for the six months ended in Dec. 2025 was NZ$217 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$370 Mil.

Vector's quarterly Other Operating Expense declined from Dec. 2024 (NZ$211 Mil) to Jun. 2025 (NZ$153 Mil) but then increased from Jun. 2025 (NZ$153 Mil) to Dec. 2025 (NZ$217 Mil).

Vector's annual Other Operating Expense increased from Jun. 2023 (NZ$336 Mil) to Jun. 2024 (NZ$383 Mil) but then declined from Jun. 2024 (NZ$383 Mil) to Jun. 2025 (NZ$363 Mil).

Vector Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Vector's Other Operating Expense 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.

Vector Other Operating Expense Chart

Vector Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 397.40 417.30 336.00 382.80 363.20

Vector Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 264.60 118.20 210.50 152.70 216.80
NZSE:VCT
73GF Score
Vector Ltd NZSE:VCT
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vector Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$370 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.

What does a Other Operating Expense of NZ$370 Mil mean?
Vector (NZSE:VCT) has a Other Operating Expense of NZ$370 Mil as of Dec. 2025. Other operating expenses that a company records on its income statement. View historical data on Vector and its competitors.
Is Vector's Other Operating Expense too high?
Vector's current Other Operating Expense is NZ$370 Mil. 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 Other Operating Expense compare to SRE and AES?
Vector's Other Operating Expense of NZ$370 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for an Utilities - Regulated company?
A good Other Operating Expense depends on the Utilities - Regulated industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Vector and its competitors. Vector's current Other Operating Expense is NZ$370 Mil. 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$4.18, compared to a current price of NZ$4.93 — trading 17.9% above its estimated fair value. The current Other Operating Expense is NZ$370 Mil. 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 Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Vector (NZSE:VCT), the current Other Operating Expense is NZ$370 Mil 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 Vector (NZSE:VCT) Overvalued in 2026?

Based on GuruFocus' analysis, Vector stock appears to be overvalued. The current stock price of NZ$4.93 is trading 17.9% above its estimated GF Value™ of NZ$4.18. GuruFocus considers Vector to be Modestly Overvalued.

Key valuation signals for NZSE:VCT:

  • Other Operating Expense: NZ$370 Mil
  • GF Value™: NZ$4.18 vs. price of NZ$4.93 (17.9% above fair value)
  • GF Score™: 73/100 with 9 warning signs

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 Business Description

Other Exchanges VQA:Germany
Address 101 Carlton Gore Road, Newmarket, Auckland, NTL, NZL, 1023
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

Get the complete analysis for NZSE:VCT

Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$4.93
Price
NZ$4.18
GF Value