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Contact Energy Limited (COENF, Power utilities) Stock Valuation & Fair Value

Mixed on our tests

Contact Energy Limited (COENF, Power utilities) trades at a current P/E of 19.9, about 25% below its historical normal valuation, with a forward growth estimate of 8.7% and a PEG of 2.28. Analysts' one-year estimates have been hit 45% of the time. Priced at its historical normal P/E of 26.6 on the same blended earnings, the 2026-11-06 close of $4.79 corresponds to about $6.40 a share. This is a valuation reference, not a price target. The $4.79 close is the one the P/E is read at; the technical context below uses the 2026-11-05 close, $4.74.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
19.9
Normal P/E
26.6
PEG
2.28
Fwd growth
8.7%
Div yield
5.3%
RSI (14)
3.1
Oversold
Technical context
  • Price $4.74 at the Nov 5 close, level with the 20-day average ($4.74) and 4.8% below the 50-day ($4.98).
  • RSI (14) at 3.1.
  • 52-week range $4.74 to $6.36: the price is 25.5% below the high and at the low.

Valuation flags

Verdict history

tickerseer's rating moved from weak on forward returns (2026-09-19) to poor on forward returns (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Current P/E and rating by weekCurrent P/E moved from 20.8 to 20.0 between 2026-09-18 and 2026-10-30, against a normal P/E of 26.6, with 3 rating changes over 7 recorded weeks.2026-09-18: P/E 20.8, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 20.8, Weak on forward returns, recorded live 2026-09-212026-09-25: P/E 21.0, Poor on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 21.0, Poor on forward returns, recorded live 2026-09-282026-10-02: P/E 20.8, Poor on forward returns, recalculated for the week of 2026-10-032026-10-02: P/E 20.8, Poor on forward returns, recorded live 2026-10-052026-10-09: P/E 19.8, Poor on forward returns, recalculated for the week of 2026-10-102026-10-09: P/E 19.8, Poor on forward returns, recorded live 2026-10-122026-10-16: P/E 20.9, Mixed on our tests, recalculated for the week of 2026-10-172026-10-16: P/E 20.9, Mixed on our tests, recorded live 2026-10-192026-10-23: P/E 20.6, Mixed on our tests, recalculated for the week of 2026-10-242026-10-23: P/E 20.6, Mixed on our tests, recorded live 2026-10-262026-10-30: P/E 20.0, Poor on forward returns, recalculated for the week of 2026-10-312026-10-30: P/E 20.0, Poor on forward returns, recorded live 2026-11-0220.022.024.026.0Sep 18Sep 28Oct 9Oct 20Oct 30Normal P/E 26.6
Mixed on our testsWeak on forward returnsPoor on forward returnsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 20.8-22%Weak on forward returns (recalculated)
2026-09-26P/E 21.0-21%Poor on forward returns (recalculated)
2026-10-10P/E 19.8-26%Poor on forward returns (recalculated)
2026-10-17P/E 20.9-22%Mixed on our tests (recalculated)
2026-10-31P/E 20.0-25%Poor on forward returns (recalculated) (across a rating rules change)
2026-11-02P/E 20.0-25%Poor on forward returns ← now
Show all 14 readings
WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 20.8-22%Weak on forward returns (recalculated)
2026-09-21P/E 20.8-22%Weak on forward returns
2026-09-26P/E 21.0-21%Poor on forward returns (recalculated)
2026-09-28P/E 21.0-21%Poor on forward returns
2026-10-03P/E 20.8-22%Poor on forward returns (recalculated)
2026-10-05P/E 20.8-22%Poor on forward returns
2026-10-10P/E 19.8-26%Poor on forward returns (recalculated)
2026-10-12P/E 19.8-26%Poor on forward returns
2026-10-17P/E 20.9-22%Mixed on our tests (recalculated)
2026-10-19P/E 20.9-22%Mixed on our tests
2026-10-24P/E 20.6-23%Mixed on our tests (recalculated)
2026-10-26P/E 20.6-23%Mixed on our tests
2026-10-31P/E 20.0-25%Poor on forward returns (recalculated) (across a rating rules change)
2026-11-02P/E 20.0-25%Poor on forward returns ← now

Frequently asked questions

Is Contact Energy Limited stock overvalued?

At a current P/E of 19.9 versus its historical normal P/E of 26.6, Contact Energy Limited trades about 25% below its typical valuation, with a PEG of 2.28 on 8.7% forward growth. tickerseer currently rates it mixed on our tests.

What is Contact Energy Limited's fair value and PEG?

Contact Energy Limited trades at a current P/E of 19.9 against a historical normal P/E of 26.6, a PEG of 2.28, and a forward growth estimate of 8.7%. Priced at its historical normal P/E of 26.6 on the same blended earnings, the 2026-11-06 close of $4.79 corresponds to about $6.40 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Contact Energy Limited changed?

tickerseer's rating moved from weak on forward returns (2026-09-19) to poor on forward returns (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

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