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Added to YB: 2026-10-14

Pitch date: 2026-10-12

SPK.NZ [neutral]

Spark New Zealand Limited

-2.82%

current return

Author Info

Contrarian Cashflows publishes a monthly deep dive on a new value stock. Sign up for the newsletter.

Company Info

Spark New Zealand Limited, together with its subsidiaries, operates as a telecommunications company in New Zealand.

Market Cap

NZD 3.7B

Pitch Price

NZD 1.95

Price Target

N/A

Dividend

8.08%

EV/EBITDA

4.95

P/E

7.70

EV/Sales

1.41

Sector

Diversified Telecommunication Services

Category

N/A

Show full summary:
Monday Delight: 12/10/2026 - Spark New Zealand Limited

SPK.NZ (quick overview): Spark New Zealand has already captured the obvious valuation arbitrage, selling all its mobile towers and 75% of its data-centre business to infrastructure buyers for roughly NZ$1.98bn at about 30-34x and up to 30.8x EBITDA, respectively. The remaining mobile, broadband and Digital Services group appears fairly valued rather than mispriced, with normalized earnings implying a conservative P/E near 16x.

Read full article (1 min)