How to buy Spark New Zealand shares | SPK historical share price and analysis
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How to buy Spark New Zealand shares

Own Spark New Zealand shares in just a few minutes.

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Spark New Zealand Limited is a telecom services business based in Australia. Spark New Zealand shares (SPK) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Spark New Zealand has a market cap (total outstanding shares value) of $7.6 billion.

How to buy shares in Spark New Zealand

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Spark New Zealand. Find the share by name or ticker symbol: SPK. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Spark New Zealand reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Spark New Zealand. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

What's in this guide?

  1. Spark New Zealand key stats
  2. Compare share trading platforms
  3. Is Spark New Zealand stock a buy or sell?
  4. Spark New Zealand performance over time
  5. Are Spark New Zealand shares over-valued?
  6. Spark New Zealand's financials
  7. How volatile are Spark New Zealand shares?
  8. Does Spark New Zealand pay a dividend?
  9. Have Spark New Zealand shares ever split?
  10. Other common questions

Spark New Zealand share price

Use our graph to track the performance of SPK stocks over time.

Spark New Zealand shares at a glance

Information last updated 2021-03-24.
52-week range$3.7049 - $4.4956
50-day moving average $4.32
200-day moving average $4.3555
Target price$3.73
PE ratio 28.125
Dividend yield $0.151 (3.7%)
Earnings per share (TTM) $0.144

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
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More Info
Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Go to site
More Info
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Go to site
More Info
ThinkMarkets Share Trading
ThinkMarkets Share Trading
AUD $8
No
ASX shares, ETFs
Limited offer: Get 5 free ASX trades when you open a new account with ThinkMarkets before June 30, 2021 (T&Cs apply).
Buy and sell CHESS sponsored ASX shares with $0 brokerage on your first 5 trades. Only $8 flat fee brokerage thereafter, plus enjoy free live stock price data on an easy to use mobile app.
Go to site
More Info
CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
Go to site
More Info
ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
More Info
Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
More Info
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Is it a good time to buy Spark New Zealand stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Spark New Zealand Limited by TradingView

Is Spark New Zealand under- or over-valued?

Valuing Spark New Zealand stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Spark New Zealand's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Spark New Zealand's P/E ratio

Spark New Zealand's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Spark New Zealand shares trade at around 28x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Spark New Zealand financials

Gross profit TTM $1.2 billion
Return on assets TTM 8.99%
Return on equity TTM 28.56%
Profit margin 11.35%
Book value 0.575
Market capitalisation $7.6 billion

TTM: trailing 12 months

Spark New Zealand share dividends

Dividend payout ratio: 121.6% of net profits

Recently Spark New Zealand has paid out, on average, around 121.6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.67% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Spark New Zealand shareholders could enjoy a 5.67% return on their shares, in the form of dividend payments. In Spark New Zealand's case, that would currently equate to about A$0.151 per share.

Spark New Zealand's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 17 March 2021 (the "ex-dividend date").

Have Spark New Zealand's shares ever split?

Spark New Zealand's shares were split on 16 September 2007.

Spark New Zealand share price volatility

Over the last 12 months, Spark New Zealand's shares have ranged in value from as little as $3.7049 up to $4.4956. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Spark New Zealand's is 0.2754. This would suggest that Spark New Zealand's shares are less volatile than average (for this exchange).

Spark New Zealand overview

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It offers telecommunications, information technology, media, and other digital products and services, including mobile services; voice services; broadband services; Internet TV; cloud, security, and service management services; procurement and partner services; and managed data and networks services. The company also offers IT infrastructure, business and outsourced telecommunications, subscription video-on-demand, big data analytics and marketing automation, data center, and international wholesale telecommunications services. In addition, it provides local, national, and international telephone and data services; group insurance products; and mobile phone repair services. Further, the company retails telecommunications products and services; and distributes equipment. The company was formerly known as Telecom Corporation of New Zealand Limited and changed its name to Spark New Zealand Limited in August 2014. Spark New Zealand Limited was founded in 1987 and is based in Auckland, New Zealand.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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