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Spark New Zealand Limited

SPK.AXCommunication ServicesASX

Telecom Services

PriceMA150MA200
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Financials · Annual
Revenue
$3.62B
-3.6% YoY
Net Income
$260.0M
-17.7% YoY
EBITDA
$1.03B
-6.3% YoY
Free Cash Flow
$361.8M

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About Spark New Zealand Limited

Part of the communication services sector, Spark New Zealand Limited (SPK.AX) is listed under Telecom Services. The company carries a $3.07B market cap, placing it firmly in the mid-cap category. It operates through Mobile, Broadband, IT Products, Voice, IT Services, Procurement and Partners, and High-tech segments.

Key stats
Market Cap$3.07B
P/E (TTM)13.54
Fwd P/E13.73
EPS$0.12
Beta0.15
52W Change-20.7%
Dividend Yield10.44%
ROE19.7%
Analysis

On the balance sheet, SPK.AX has $85.0M in cash with $2.32B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $361.8M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 19.7% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 6.7% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $3.69B (2022) to $3.62B (2025).

With a beta below 0.7, Spark New Zealand Limited typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Spark New Zealand Limited carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Spark New Zealand Limited and its sector.

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