NZ Windfarms Limited (NZWFF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
NZ Windfarms Limited (NZWFF) trades at $0.15 with AI Score 63/100 (Grade B+). NZ Windfarms Limited operates the Te Rere Hau wind farm in New Zealand, generating and selling electricity to the national grid. Market cap: $46.84M, Sector: Utilities.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for NZWFF: NZWFF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NZWFF against Utilities peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
NZWFF: 2/4 perspectives are bullish. Dominant signal: Moon AI bullish.
How is this calculated? →NZ Windfarms Limited (NZWFF) Utility Operations & Dividend Profile
NZ Windfarms Limited operates the Te Rere Hau wind farm, a key renewable energy asset in New Zealand, generating and selling electricity to the national grid. With 92 turbines and 46 megawatts capacity, it serves approximately 16,000 homes, positioning itself as a dedicated green power provider within the regulated electric utilities sector.
What Is the Investment Thesis for NZWFF?
NZ Windfarms Limited presents a profile centered on stable, regulated revenue streams derived from renewable energy generation. The company's core asset, the Te Rere Hau wind farm, consistently feeds electricity into New Zealand's national grid, providing a predictable operational framework. With a gross margin of 76.9%, the company demonstrates strong operational efficiency in its electricity production. The low beta of 0.28 suggests relative stability and lower volatility compared to the broader market, which can be attractive for investors seeking defensive positions. While the P/E ratio of 614.0 indicates a premium valuation relative to current earnings, potential growth catalysts include the increasing national demand for renewable energy, opportunities for turbine efficiency upgrades, and the long-term stability offered by its position within a regulated utilities sector. Risks include dependence on weather patterns, regulatory changes, and the ongoing maintenance requirements for its turbine fleet.
Based on FMP financials and quantitative analysis
NZWFF Key Highlights
- Operates the Te Rere Hau wind farm with 92 turbines, providing a stable renewable energy source.
- Installed capacity of 46 megawatts, contributing significantly to New Zealand's national grid.
- Serves an estimated 16,000 homes, demonstrating its direct impact on local energy supply.
- Maintains a robust gross margin of 76.9%, indicating strong cost control in electricity generation.
- Exhibits a low beta of 0.28, suggesting lower price volatility compared to the overall market.
Who Are NZWFF's Competitors?
NZWFF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CNLPM The Connecticut Light and Power Company | $32.99 | +1.29% | $315.00M | 72 |
| CNTHP The Connecticut Light and Power Company | $52.70 | +0.55% | $318.06M | 69 |
| CNLHP The Connecticut Light and Power Company | $36.95 | +0.00% | $223.00M | 68 |
| EDN Empresa Distribuidora y Comercializadora Norte S.A. (EDN) is an Argentine utility company focused on the distribution and sale of electricity. As a regulated electric utility, EDN operates within a specific concession area in Argentina, making it a crucial provider of essential services. The company | $25.35 | +4.41% | $1.11B | 66 |
| DTE DTE Energy Company | $151.62 | -1.59% | $31.54B | 62 |
| EDCFF Enel Generación Costanera S.A. | $0.20 | +0.00% | $140.40M | 62 |
| CEPU Central Puerto S.A. | $14.87 | +1.43% | $2.23B | 62 |
| GPJA Georgia Power Company 5% JR SUB NT 77 | $21.38 | +0.49% | $197.96M | 65 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NZWFF's Key Strengths?
- Operational wind farm with 46 MW capacity providing stable electricity generation.
- Strong gross margin of 76.9% indicates efficient operations.
- Low beta of 0.28 suggests market stability and reduced volatility.
- Contribution to New Zealand's renewable energy goals, aligning with national priorities.
What Are NZWFF's Weaknesses?
- Relatively small employee base (11) for managing significant infrastructure, potentially limiting scalability.
- High P/E ratio of 614.0 suggests a premium valuation relative to current earnings.
- Single asset concentration (Te Rere Hau wind farm) exposes the company to localized operational risks.
- No dividend yield, which may deter income-focused investors.
What Could Drive NZWFF Stock Higher?
- Increased national demand for renewable energy in New Zealand, potentially leading to higher electricity prices or increased dispatch priority for wind power.
- Advancements in wind turbine technology, offering future opportunities for efficiency upgrades at the Te Rere Hau wind farm to boost output.
- Favorable regulatory developments in New Zealand supporting renewable energy projects, which could enhance the company's operational environment.
- Potential for new long-term power purchase agreements (PPAs) that could secure stable revenue streams for an extended period.
- Continued focus on operational efficiency and maintenance at the Te Rere Hau wind farm to maximize uptime and energy production.
What Are the Key Risks for NZWFF?
- Rich valuation — a P/E of 614.0 runs well above the Utilities sector’s ~28x, leaving little room for a miss.
- Fluctuations in wind patterns and weather conditions directly impacting the volume of electricity generated and sold.
- Regulatory changes in New Zealand's electricity market, including pricing mechanisms or environmental compliance costs, could affect profitability.
- Operational risks associated with maintaining 92 wind turbines, including unexpected breakdowns, repair costs, and downtime.
- Exposure to wholesale electricity price volatility, which can impact revenue if not mitigated by long-term contracts.
- Competition from new renewable energy projects or other forms of electricity generation entering the New Zealand market.
What Are the Growth Opportunities for NZWFF?
- **Increasing Demand for Renewable Energy**: New Zealand is actively pursuing a transition to a higher percentage of renewable energy in its national grid. This ongoing governmental and societal push creates a sustained demand for clean power sources like wind. As the country aims to reduce its carbon footprint, NZ Windfarms, with its established 46-megawatt capacity, is well-positioned to benefit from this long-term market trend, potentially through increased dispatch priority or favorable pricing mechanisms. The global renewable energy market is projected to continue its robust growth, providing a supportive backdrop for existing clean energy producers.
- **Grid Modernization and Expansion**: Ongoing investments in New Zealand's national grid infrastructure to enhance reliability, integrate more distributed generation, and accommodate growing electricity demand present an opportunity. As the grid evolves, there may be increased capacity or improved transmission pathways that could optimize the output and sales potential of the Te Rere Hau wind farm. Enhanced grid connectivity and smart grid technologies could allow for more efficient power dispatch and potentially higher utilization rates for existing renewable assets.
- **Turbine Technology Upgrades and Repowering**: The wind energy sector continuously sees advancements in turbine technology, leading to more efficient designs that can capture more energy from the same wind resource or operate effectively at lower wind speeds. An opportunity exists for NZ Windfarms to explore repowering or upgrading its existing 92 turbines at the Te Rere Hau wind farm. Such investments could significantly increase the farm's overall energy output and capacity factor without requiring extensive new land acquisition, thereby enhancing revenue generation from its current asset base.
- **Long-Term Power Purchase Agreements (PPAs)**: Securing new or renegotiating existing long-term power purchase agreements with electricity retailers or large industrial consumers can provide enhanced revenue stability and predictability. These agreements often lock in prices for extended periods, insulating the company from short-term market volatility and providing a clear revenue outlook. As the demand for green energy intensifies, there may be opportunities to secure more favorable PPA terms that reflect the value of renewable attributes.
- **Carbon Credit Market Participation**: As New Zealand strengthens its emissions trading scheme and global carbon markets mature, NZ Windfarms has an opportunity to monetize the environmental benefits of its clean electricity generation. By avoiding carbon emissions associated with fossil fuel power, the company generates carbon credits that can be sold, providing an additional revenue stream. This participation would leverage the inherent environmental advantage of wind power, aligning with global sustainability goals and adding financial value beyond direct electricity sales.
What Opportunities Does NZWFF Have?
- Growing demand for renewable energy in New Zealand and globally.
- Potential for technology upgrades to existing turbines to enhance efficiency and output.
- Expansion of the national grid could create avenues for increased power sales or new projects.
- Participation in carbon credit markets to generate additional revenue streams.
What Threats Does NZWFF Face?
- Fluctuations in wind patterns and weather conditions directly impact electricity generation.
- Changes in government energy policy or regulation could affect pricing or operational requirements.
- Rising maintenance costs for aging turbine infrastructure.
- Competition from other renewable energy projects or conventional power sources.
What Are NZWFF's Competitive Advantages?
- Established infrastructure: Ownership and operation of the Te Rere Hau wind farm, a significant operational asset.
- Renewable energy focus: Positioned to benefit from long-term trends towards sustainable power generation.
- Grid integration: Existing connection and established relationship with the national electricity grid.
- Regulatory stability: Operates within a regulated utilities sector, which can provide a degree of revenue predictability.
What Does NZWFF Do?
NZ Windfarms Limited, incorporated in 2002 and based in Palmerston North, New Zealand, is an electricity generation company focused on renewable energy. The company's primary asset and operational focus is the Te Rere Hau wind farm, strategically located on North Range Road within the Tararua Ranges. This facility is equipped with 92 wind turbines, collectively boasting an installed capacity of 46 megawatts. The core business model involves the generation of electricity from wind power and its subsequent sale directly to New Zealand's national grid. This integration into the national infrastructure allows NZ Windfarms to contribute significantly to the country's energy supply, specifically catering to the needs of approximately 16,000 homes. The company's establishment marked a commitment to harnessing New Zealand's natural wind resources for sustainable power production. Over its operational history, NZ Windfarms has maintained its focus on the efficient operation and maintenance of the Te Rere Hau wind farm, ensuring consistent power output and reliability. As a utility provider in the regulated electric sector, its operations are integral to the broader energy landscape of New Zealand, supporting the transition towards a more renewable energy mix. The company's relatively lean operational structure, with 11 employees, emphasizes efficiency in managing its significant renewable energy asset.
What Products and Services Does NZWFF Offer?
- Operates the Te Rere Hau wind farm in New Zealand.
- Generates electricity using 92 wind turbines.
- Has an installed capacity of 46 megawatts.
- Sells the generated electricity directly to the New Zealand national grid.
- Supplies renewable energy to approximately 16,000 homes.
- Focuses on sustainable power production from wind resources.
- Manages the ongoing operations and maintenance of its wind farm assets.
How Does NZWFF Make Money?
- Generates revenue through the sale of electricity produced by the Te Rere Hau wind farm to the national grid.
- Leverages a fixed asset base (wind turbines) to convert wind energy into electrical power.
- Operates within a regulated utility framework, providing essential services.
- Focuses on operational efficiency and maintenance to maximize power output and minimize downtime.
What Industry Does NZWFF Operate In?
NZ Windfarms Limited operates within New Zealand's Regulated Electric industry, a sector characterized by essential service provision and often subject to government oversight regarding pricing and infrastructure. The broader utilities sector is currently experiencing a global shift towards renewable energy sources, driven by environmental concerns and policy initiatives. New Zealand, with its abundant natural resources, is actively pursuing increased renewable energy generation. NZ Windfarms, through its Te Rere Hau wind farm, is positioned as a direct contributor to this trend, supplying wind-generated electricity to the national grid. The competitive landscape in New Zealand's electricity market includes larger state-owned enterprises and other private generators utilizing various energy sources, including hydro, geothermal, and other wind farms. NZ Windfarms differentiates itself through its dedicated wind energy focus and established operational asset, fitting into the market as a specialized renewable power producer.
Who Are NZWFF's Key Customers?
- The New Zealand national grid, which acts as the primary off-taker of generated electricity.
- Electricity retailers and distributors who purchase power from the grid.
- Ultimately, residential and commercial consumers across New Zealand who utilize the grid's electricity supply.
- The broader New Zealand energy market seeking renewable power sources.
F-Score 6/9Financial Health
NZ Windfarms Limited's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 16.20 places it in the safe zone, indicating low near-term bankruptcy risk.
NZWFF Valuation & Market Position
With a $46.84M market cap, NZ Windfarms Limited sits in the micro-cap segment of the market. Relative to its peer group, NZWFF's quantitative score of 63/100 is roughly in line with the peer average of 67/100.
ROE 0%Key Financial Metrics
Return on equity for NZ Windfarms Limited stands at 0.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.2%, showing how much profit it generates from its asset base. NZWFF trades at a trailing price-to-earnings ratio of 614.04, above the Utilities sector average of ~28x. Its free cash flow yield is 2.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.42 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.2%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
NZ Windfarms Limited operates in the Regulated Electric industry within the Utilities sector. It is headquartered in Palmerston North, NZ. The company is led by CEO Warren Koia. NZWFF has traded publicly since 2016.
NZWFF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Operational wind farm with 46 MW capacity providing stable electricity generation.
- Strong gross margin of 76.9% indicates efficient operations.
- Low beta of 0.28 suggests market stability and reduced volatility.
- Contribution to New Zealand's renewable energy goals, aligning with national priorities.
Bear Case
- Relatively small employee base (11) for managing significant infrastructure, potentially limiting scalability.
- High P/E ratio of 614.0 suggests a premium valuation relative to current earnings.
- Single asset concentration (Te Rere Hau wind farm) exposes the company to localized operational risks.
- No dividend yield, which may deter income-focused investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
NZWFF Latest News
No recent news available for NZWFF.
NZWFF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NZWFF.
Price Targets
Wall Street price target analysis for NZWFF.
NZWFF MoonshotScore
What does this score mean?
The MoonshotScore rates NZWFF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Warren Koia
Managing Director
Warren Koia serves as the Managing Director of NZ Windfarms Limited, overseeing the company's operations and strategic direction. His leadership is central to managing the Te Rere Hau wind farm and its contribution to the national grid. With a focus on the utilities sector, Koia's background likely encompasses experience in energy generation, infrastructure management, and navigating regulatory environments inherent to the electricity industry. His role involves steering a company with a relatively small team of 11 employees, emphasizing a hands-on approach to management.
Track Record: Under Warren Koia's leadership, NZ Windfarms Limited has continued to operate its primary asset, the Te Rere Hau wind farm, ensuring consistent electricity generation and supply to the national grid. His tenure has been marked by the ongoing management of the company's operational efficiency, as evidenced by a strong gross margin of 76.9%. Koia is responsible for maintaining the company's position as a renewable energy provider within New Zealand's regulated electric sector.
NZWFF OTC Market Information
NZ Windfarms Limited trades on the 'OTC Other' tier of the OTC market. This tier represents companies that do not meet the disclosure requirements for OTCQX or OTCQB, or that choose not to provide financial information to OTC Markets Group. 'OTC Other' is the lowest tier for OTC-traded securities, often indicating limited public information and typically higher risk compared to companies listed on major exchanges like NYSE or NASDAQ, or even higher OTC tiers. Investors often face greater challenges in obtaining comprehensive and timely financial data for companies in this tier.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited public disclosure: 'Unknown' disclosure status means less readily available financial and operational information, hindering informed decision-making.
- Lower liquidity: Trading on 'OTC Other' often results in thin trading volumes and wider bid-ask spreads, making it difficult to enter or exit positions efficiently.
- Potential for price manipulation: Lack of transparency and lower trading volumes can make OTC Other stocks more susceptible to price manipulation.
- Regulatory oversight: While New Zealand has its own regulatory framework, the OTC market itself offers less stringent oversight compared to major exchanges.
- Difficulty in valuation: Limited financial data and analyst coverage make it challenging to accurately assess the company's intrinsic value.
- Verify the company's official filings with New Zealand regulatory bodies (e.g., Companies Office, NZX if applicable).
- Scrutinize the company's corporate website for any investor relations sections or published reports.
- Assess the operational status and performance of the Te Rere Hau wind farm through independent sources if possible.
- Investigate the management team's background and track record beyond what is publicly available on OTC platforms.
- Understand the specific regulatory environment for electricity generation in New Zealand and potential impacts.
- Evaluate the long-term demand outlook for renewable energy in New Zealand.
- Consider the potential impact of foreign exchange fluctuations on financial results.
- Operates a tangible, established asset: The Te Rere Hau wind farm is a physical, operational electricity generation facility.
- Provides an essential service: Generates and sells electricity to the national grid, fulfilling a fundamental utility need.
- Incorporated in 2002: Indicates a long operational history as a registered entity in New Zealand.
- Headquartered in Palmerston North, NZ: Suggests a physical presence and local operational base.
- Identified CEO and employee count: Provides a clear organizational structure, albeit lean.
What Investors Ask About NZ Windfarms Limited (NZWFF) — Utilities
What does NZ Windfarms Limited do?
NZ Windfarms Limited is an electricity generation company based in Palmerston North, New Zealand, primarily focused on renewable energy. The company operates the Te Rere Hau wind farm, which consists of 92 wind turbines with a total capacity of 46 megawatts. Its core business involves generating electricity from these wind turbines and selling it directly into New Zealand's national grid. This power supply is sufficient to serve approximately 16,000 homes, positioning NZ Windfarms as a contributor to the nation's sustainable energy infrastructure within the regulated electric utilities sector.
How does NZ Windfarms Limited manage its operational risks?
NZ Windfarms Limited manages operational risks primarily through diligent maintenance and monitoring of its Te Rere Hau wind farm. Key risks include the inherent variability of wind resources, which directly impacts electricity generation volumes. To mitigate this, the company likely employs robust forecasting models and maintenance schedules to ensure turbines are operational during optimal wind conditions. Furthermore, as a utility, it operates within a regulated framework, which provides some stability, but also necessitates adherence to strict safety and environmental standards. Managing a fleet of 92 turbines requires a proactive approach to prevent downtime and ensure consistent power supply to the national grid.
What are the key financial metrics investors may want to evaluate for NZWFF?
For NZ Windfarms Limited, investors should closely examine several key financial metrics. The gross margin of 76.9% indicates strong profitability from its core electricity generation activities, reflecting efficient operations. The company's market capitalization of $46.84M provides context for its scale. While the P/E ratio of 614.0 suggests a high valuation relative to current earnings, it is important to consider this within the context of the regulated utilities sector and long-term renewable energy growth prospects. The low beta of 0.28 points to lower price volatility, which may appeal to risk-averse investors. Additionally, understanding the company's revenue stability from grid sales and any capital expenditure plans for turbine maintenance or upgrades is crucial.
What are the key factors to evaluate for NZWFF?
NZ Windfarms Limited (NZWFF) holds an AI score of 63/100 (moderate). P/E: 614.0x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does NZWFF data refresh on this page?
NZWFF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven NZWFF's recent stock price performance?
NZ Windfarms Limited (NZWFF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Operational wind farm with 46 MW capacity providing stable electricity generation. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NZWFF overvalued or undervalued right now?
NZ Windfarms Limited (NZWFF) trades at 614.0x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying NZWFF?
Before investing in NZ Windfarms Limited (NZWFF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited public data available for NZWFF beyond basic company profile and core financials.
- Growth opportunities and risks are inferred based on general industry trends for wind farm operators due to lack of specific company guidance.
- CEO tenureYears is null as specific start date not provided.
- No FMP PEER TICKERS were provided in the source data, hence the empty 'competitors' array.