Also trades as GNE.AX.
GNE.NZ
Strong BuySecond WindAI neutralGenesis Energy Limited · Utilities · New Zealand · $1.9B
NZD 2.46 -0.4% · close 6 Oct · scored 7 Oct
Second Wind: Cheap and rising again, but the business does not yet earn the optimism.
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Genesis Energy is a New Zealand electricity and gas retailer and generator that owns the Huntly thermal station, which the country relies on in dry years. Forward earnings estimates have risen almost 19% in four weeks, likely reflecting firm wholesale power prices and its role backing up the grid. However, it is a regulated-style utility exposed to hydro inflows and domestic gas scarcity, with limited pricing power and heavy political scrutiny of power prices, so the earnings upgrade looks cyclical rather than a lasting improvement.
ABOUT GENESIS ENERGY LIMITED
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Genesis Energy Limited generates, trades in, and sells electricity to residential and business customers in New Zealand. The company generates electricity from thermal, hydro, solar, and wind sources. It operates through Retail, Wholesale, and Kupe segments.
FINANCIAL SUMMARY (NZD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.8B | 2.4B | 3.0B | 3.7B | 9.5% | 2.8B | 4.3B | 4.3B | 5.1% |
| EPS (NZD) | 0.21 | 0.18 | 0.12 | 0.15 | -10.0% | 0.07 | 0.12 | 0.13 | -6.2% |
| Shares | 1.1B | 1.1B | 1.1B | 1.1B | +4.9% | 1.3B | — | — | — |
| Debt | 1.5B | 1.4B | 1.5B | 1.5B | -0.1% | 1.1B | — | — | — |
| Equity | 2.4B | 2.4B | 2.7B | 3.0B | 7.7% | — | — | — | — |
| Op CF | 261.7M | 422.6M | 439.8M | 311.7M | 6.0% | 512.5M | — | — | — |
| Inv CF | -110.6M | -104.6M | -172.3M | -239.8M | — | — | — | — | — |
| Fin CF | -149.8M | -363.5M | -134.8M | -183.7M | — | — | — | — | — |
Calmer than 94% of stocks we rank over the past year (18% a year).
How this is worked out
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of GNE.NZ are excluded.
Peer medians: ROE 6.3% · P/E 29.8x · Gross margin 33.1%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.