Contact Energy Limited (COENF)
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.
Contact Energy Limited (COENF) trades at $5.64 with AI Score 58/100 (Grade B). Contact Energy Limited is a New Zealand-based electricity and natural gas company. Market cap: $5.61B, Sector: Utilities.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for COENF: COENF 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 COENF against Utilities peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
COENF: 1/4 perspectives are bullish. Dominant signal: Moon AI bullish.
How is this calculated? →Contact Energy Limited (COENF) Utility Operations & Dividend Profile
Contact Energy Limited, a New Zealand-based utility, generates and sells electricity and natural gas, focusing on renewable sources like hydro and geothermal. With a 4.62% dividend yield and a 11.9% profit margin, the company serves a substantial customer base of 532,000, positioning it as a key player in the New Zealand energy market.
What Is the Investment Thesis for COENF?
Contact Energy presents a compelling investment case based on its established market position in New Zealand's energy sector and its focus on renewable energy sources. The company's diversified generation portfolio, including hydro and geothermal, provides a stable base for future growth. With a dividend yield of 4.62% and a profit margin of 11.9%, Contact Energy offers potential for both income and capital appreciation. Key value drivers include the increasing demand for renewable energy in New Zealand and the company's ability to expand its customer base and service offerings. However, investors may want to evaluate the risks associated with regulatory changes and competition in the energy market. The company's P/E ratio is 23.8.
Based on FMP financials and quantitative analysis
COENF Key Highlights
- Market capitalization of $5.61B, reflecting its significant presence in the New Zealand energy market.
- P/E ratio of 23.8, indicating investor expectations for future earnings growth.
- Profit margin of 11.9%, demonstrating the company's ability to generate profits from its operations.
- Gross margin of 33.1%, reflecting efficient cost management in electricity and natural gas production and sales.
- Dividend yield of 4.62%, providing a steady income stream for investors.
Who Are COENF's Competitors?
COENF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ACLLF ATCO Ltd. | $51.94 | +0.23% | $5.24B | 52 |
| ACLTF ATCO Ltd. | $48.40 | +0.00% | $5.43B | 48 |
| AGQPF Algonquin Power & Utilities Corp | $16.95 | +17.30% | $13.05B | 45 |
| EDRWY Electric Power Development Co., Ltd. | $25.20 | +1.00% | $4.44B | 49 |
| EPWDF Electric Power Development Co., Ltd. | $21.31 | +38.47% | $3.75B | 49 |
| SVMRF Magnora ASA | $2.25 | +0.00% | $162.57M | 70 |
| ENLT Enlight Renewable Energy Ltd | $89.56 | +6.29% | $12.52B | 67 |
| ATRWF Altius Renewable Royalties Corp. | $8.50 | +0.00% | $262.46M | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are COENF's Key Strengths?
- Diversified generation portfolio with a focus on renewables.
- Established market position in New Zealand.
- Strong brand recognition.
- Reliable dividend yield.
What Are COENF's Weaknesses?
- Exposure to regulatory changes in the energy sector.
- Dependence on weather conditions for hydro generation.
- Limited geographic diversification.
- Exposure to fluctuations in natural gas prices.
What Could Drive COENF Stock Higher?
- Government policies supporting renewable energy development in New Zealand.
- Potential expansion of geothermal energy projects in the next 2-3 years.
- Increasing demand for electricity due to population growth and economic development.
- Potential acquisitions of smaller energy companies to expand market share.
- Investment in grid modernization to improve reliability and efficiency.
What Are the Key Risks for COENF?
- Regulatory changes impacting the energy sector.
- Fluctuations in natural gas prices affecting thermal power generation.
- Adverse weather events impacting hydro generation.
- Increased competition from other energy providers.
- Technological disruptions in the energy sector.
What Are the Growth Opportunities for COENF?
- Expansion of Renewable Energy Generation: Contact Energy has the opportunity to invest in and expand its renewable energy generation capacity, particularly in geothermal and hydro power. New Zealand's commitment to renewable energy targets creates a supportive regulatory environment for such investments. The market for renewable energy is expected to grow significantly in the coming years, driven by government policies and increasing consumer demand. This expansion could involve developing new geothermal plants or upgrading existing hydro facilities, increasing Contact Energy's overall generation capacity and market share.
- Customer Base Growth: Contact Energy can focus on expanding its customer base through targeted marketing campaigns and strategic partnerships. The company currently serves approximately 532,000 customers, leaving room for further growth in the residential and commercial sectors. By offering competitive pricing, innovative products, and excellent customer service, Contact Energy can attract new customers and increase its market penetration. This growth opportunity is supported by New Zealand's growing population and increasing demand for electricity and natural gas.
- Development of New Products and Services: Contact Energy can diversify its revenue streams by developing new products and services that cater to the evolving needs of its customers. This could include offering energy efficiency solutions, smart home technologies, and electric vehicle charging infrastructure. By providing these value-added services, Contact Energy can enhance customer loyalty and attract new customers who are looking for comprehensive energy solutions. The market for these products and services is expected to grow as consumers become more environmentally conscious and technology-savvy.
- Strategic Acquisitions: Contact Energy can pursue strategic acquisitions to expand its market presence and diversify its operations. This could involve acquiring smaller energy companies or renewable energy projects that complement its existing portfolio. By acquiring these assets, Contact Energy can increase its generation capacity, expand its customer base, and gain access to new markets. This growth opportunity requires careful due diligence and integration to ensure that the acquisitions are successful and create value for shareholders.
- Investment in Grid Modernization: Contact Energy can invest in modernizing its electricity grid to improve reliability, efficiency, and resilience. This could involve upgrading transmission and distribution infrastructure, implementing smart grid technologies, and enhancing cybersecurity measures. By modernizing its grid, Contact Energy can reduce energy losses, improve customer service, and enhance its ability to integrate renewable energy sources. This investment is essential for ensuring that Contact Energy can meet the growing demand for electricity and maintain a reliable energy supply.
What Opportunities Does COENF Have?
- Expansion of renewable energy generation capacity.
- Growth in demand for electric vehicles and charging infrastructure.
- Development of new energy storage solutions.
- Strategic acquisitions of smaller energy companies.
What Threats Does COENF Face?
- Increased competition from other energy providers.
- Technological disruptions in the energy sector.
- Adverse weather events impacting generation capacity.
- Changes in government policies and regulations.
What Are COENF's Competitive Advantages?
- Established market position in New Zealand's energy sector.
- Diversified generation portfolio with a focus on renewable energy sources.
- Extensive network of power stations and distribution infrastructure.
- Strong brand recognition and customer loyalty.
What Does COENF Do?
Contact Energy Limited, established in 1995 and headquartered in Wellington, New Zealand, is a significant player in the country's electricity and natural gas market. The company operates through two primary segments: Wholesale and Customer. The Wholesale segment focuses on selling electricity to the wholesale market and directly to commercial and industrial clients. The Customer segment provides electricity, natural gas, broadband, and related services to a broad base of residential and business customers, totaling approximately 532,000 connections. Contact Energy generates its power from a diverse portfolio of 11 hydro, geothermal, and thermal power stations, emphasizing renewable energy sources. This diversified generation base allows Contact Energy to provide a reliable and sustainable energy supply to its customers. The company also offers bottled liquefied petroleum gas (LPG) to cater to various energy needs. Contact Energy's commitment to renewable energy positions it favorably in a market increasingly focused on sustainability and environmental responsibility.
What Products and Services Does COENF Offer?
- Generates electricity from hydro, geothermal, and thermal power stations.
- Sells electricity to the wholesale electricity market.
- Provides electricity to commercial and industrial customers.
- Delivers electricity, natural gas, and broadband to mass market customers.
- Offers bottled liquefied petroleum gas (LPG).
- Operates 11 power stations across New Zealand.
How Does COENF Make Money?
- Generates revenue through the sale of electricity to wholesale and retail customers.
- Offers natural gas and broadband services to diversify revenue streams.
- Operates and maintains a portfolio of power generation assets, including hydro, geothermal, and thermal plants.
What Industry Does COENF Operate In?
Contact Energy operates within the renewable utilities sector in New Zealand, a market characterized by increasing demand for sustainable energy solutions. The country's commitment to reducing carbon emissions and transitioning to renewable energy sources creates a favorable environment for companies like Contact Energy. The competitive landscape includes other energy providers such as ACLLF (Auckland Council Investments Limited), ACLTF (Auckland International Airport Ltd), AGQPF (Genesis Energy Limited), EDRWY (Edison SpA), and EPWDF (Enel SpA), each vying for market share. Contact Energy's focus on geothermal and hydro power positions it well to capitalize on the growing demand for clean energy.
Who Are COENF's Key Customers?
- Residential customers seeking electricity, natural gas, and broadband services.
- Commercial and industrial customers requiring electricity for their operations.
- Wholesale electricity market participants.
How Contact Energy Limited Is Valued
Contact Energy Limited carries a market capitalization of $5.61B, placing it in the mid-cap category. Relative to its peer group, COENF's quantitative score of 58/100 is roughly in line with the peer average of 49/100.
Company Profile
Contact Energy Limited operates in the Renewable Utilities industry within the Utilities sector. It is headquartered in Wellington, NZ. The company is led by CEO Michael Fuge. COENF has traded publicly since 2010.
ROE 11%Key Financial Metrics
Return on equity for Contact Energy Limited stands at 10.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.0%, showing how much profit it generates from its asset base. COENF trades at a trailing price-to-earnings ratio of 23.85, below the Utilities sector average of ~28x. Its free cash flow yield is 1.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.93 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 4.3%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 7/9Financial Health
Contact Energy Limited's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.28 places it in the grey zone, a middle ground that warrants monitoring.
FY2026 estForward Outlook
Wall Street analysts project Contact Energy Limited revenue of about $3.05B for fiscal 2026, with EPS near $0.43. The estimate reflects 4 contributing analysts.
COENF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future performance, indicating that executives believe the stock is undervalued.
- Community sentiment has shifted positively, with discussions highlighting Contact Energy's commitment to renewable energy, aligning with global trends.
- Analysts are optimistic about the company's strategic initiatives to enhance operational efficiency, which could improve profitability.
- The recent focus on sustainable energy sources has attracted attention from environmentally conscious investors, boosting overall market perception.
Bear Case
- Concerns about regulatory changes in the energy sector have led to uncertainty among investors, creating a cautious atmosphere.
- Some community members express skepticism regarding the company's ability to compete against larger players in the renewable energy space.
- Recent fluctuations in energy prices have raised questions about revenue stability, causing anxiety among traders.
- The market's focus on short-term performance metrics may overshadow long-term growth potential, leading to bearish sentiment.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
COENF Latest News
No recent news available for COENF.
COENF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for COENF.
Price Targets
Wall Street price target analysis for COENF.
COENF MoonshotScore
What does this score mean?
The MoonshotScore rates COENF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Michael Fuge
CEO
Michael Fuge serves as the Chief Executive Officer of Contact Energy Limited. His background includes extensive experience in the energy sector, with a focus on renewable energy and sustainable business practices. He has held various leadership positions in the industry, demonstrating a track record of driving growth and innovation. His expertise spans across strategic planning, operational management, and stakeholder engagement. He is responsible for overseeing Contact Energy's operations, strategy, and financial performance.
Track Record: Under Michael Fuge's leadership, Contact Energy has focused on expanding its renewable energy portfolio and enhancing its customer service offerings. He has overseen the development of new geothermal and hydro projects, contributing to the company's commitment to sustainability. Key milestones include increasing the company's market share in the retail electricity market and improving its operational efficiency. He has also led initiatives to reduce the company's carbon footprint and promote energy conservation among its customers.
COENF OTC Market Information
The OTC Other tier, where Contact Energy trades, represents the lowest tier of the OTC market. Companies in this tier often have limited or no financial disclosure, making it difficult for investors to assess their financial health and operational performance. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies do not have to meet minimum listing standards, such as asset size, revenue, or profitability. This lack of regulation and oversight can increase the risk of investing in these companies.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in COENF.
- Lower liquidity can make it difficult to buy or sell shares at desired prices.
- Lack of regulatory oversight increases the potential for fraud or mismanagement.
- The OTC market is generally more volatile than major exchanges.
- Information about COENF may be less readily available compared to listed companies.
- Verify the company's registration and legal status.
- Review any available financial statements and disclosures.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Understand the risks associated with investing in OTC stocks.
- Monitor trading volume and price movements.
- Consult with a financial advisor.
- Established operating history in the New Zealand energy market.
- Significant customer base of approximately 532,000 customers.
- Diverse generation portfolio with a focus on renewable energy.
- Listing on the OTC market, while not a major exchange, provides some level of public visibility.
- CEO with experience in the energy sector.
What Investors Ask About Contact Energy Limited (COENF) — Utilities
What does Contact Energy Limited do?
Contact Energy Limited is a New Zealand-based energy company that generates and sells electricity and natural gas. The company operates through two segments: Wholesale and Customer. The Wholesale segment sells electricity to the wholesale market and commercial customers, while the Customer segment provides electricity, natural gas, broadband, and related services to residential and business customers. Contact Energy generates its power from a diverse portfolio of hydro, geothermal, and thermal power stations, with a focus on renewable energy sources. The company serves approximately 532,000 customers across New Zealand.
What are the main risks for COENF?
Contact Energy faces several risks, including regulatory changes in the energy sector, fluctuations in natural gas prices, and adverse weather events impacting hydro generation. Increased competition from other energy providers and technological disruptions also pose challenges. As an OTC stock, COENF has additional risks related to liquidity and limited financial disclosure. Investors should carefully consider these factors before investing in Contact Energy.
What are the key factors to evaluate for COENF?
Contact Energy Limited (COENF) holds an AI score of 58/100 (moderate). P/E: 23.8x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does COENF data refresh on this page?
COENF 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 COENF's recent stock price performance?
Contact Energy Limited (COENF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified generation portfolio with a focus on renewables. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider COENF overvalued or undervalued right now?
Contact Energy Limited (COENF) trades at 23.8x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying COENF?
Before investing in Contact Energy Limited (COENF), 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).
Why might investors consider adding COENF to a portfolio?
Key strength of Contact Energy Limited (COENF): Diversified generation portfolio with a focus on renewables. Weigh rewards against risks and diversify. Not financial advice.
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.
- OTC data may be less reliable than exchange-listed data.
- AI analysis pending for COENF, limiting the depth of insights.