- No strong opportunity cluster is confirmed yet; monitor trend and activity pressure.
SPK
ASX
Week ended 31 Jul 2026
Weekly Investor Report
Spark New Zealand Limited · Communication Services · Telecom Services
Latest close
1.63 AUD
6.2%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -4.6% below the Trend Line and sits at 18.7% of its 52-week range. The latest completed week returned 6.2%, after a 7.6% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks weakly; valuation is inexpensive relative to peers. The latest news-sentiment score is 49/100.
Setup score
35
out of 100
Latest Close
1.63 AUD
31 Jul 2026
1W Return
6.2%
latest completed week
4W Return
7.6%
short-term follow-through
12W Return
-5.8%
quarterly tape
Trend Breadth
26.9%
14 of 52 weeks active
Volume Ratio
1.5x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is negative, which weakens the current setup.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
6.2%
Latest completed week; four-week move 7.6%.
Indicator stack
15/48
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Negative 38.20%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
49/100
31 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -4.6% below the Trend Line and sits at 18.7% of its 52-week range. The latest completed week returned 6.2%, after a 7.6% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.5x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
6 Feb
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.0812-week average 0.05
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.08Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 7.6% over four weeks, -5.8% over 12 weeks, and -21.1% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year14
Trend breadth26.9%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.42Latest activity-pressure read.
Pressure change69.6%Four-week change in activity pressure.
Leadership-13.00Latest relative-leadership reading.
RS change34.7%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks weakly; valuation is inexpensive relative to peers.
Factor week 26 Jul 2026
Financial statements through 30 Jun 2025
Field coverage 85%
Model confidence 45%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength77/100Blend of value, momentum, and quality. Underlying universe rank 24; rank 1 is best.
Value93/100Relative valuation strength. Underlying universe rank 8; rank 1 is best.
Quality84/100Profitability and accounting quality. Underlying universe rank 17; rank 1 is best.
Momentum9/100Medium-term price momentum. Underlying universe rank 92; rank 1 is best.
Growth3/100Revenue and earnings growth. Underlying universe rank 98; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework54/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 11.2x Price divided by trailing earnings.
- Price / sales
- 0.8x Market value relative to trailing revenue.
- EV / EBITDA
- 5.0x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 4.6% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 50.1% Gross profit retained from each unit of revenue.
- Operating margin
- 10.0% Operating profit retained from revenue.
- Free-cash-flow margin
- 6.6% Free cash flow generated from revenue.
- Return on invested capital
- 7.1% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- -3.6% Latest one-year revenue growth.
- EPS growth
- -21.0% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 37.9% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 3/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 11.1% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 11.1% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- 2.2x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment49/100
Weighted news tone is neutral across 31 relevant articles.
3 positive · 26 neutral · 2 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-26.1%Distance below the 52-week high.
13-week volatility3.6%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
6 Feb
6 Mar
3 Apr
1 May
29 May
26 Jun
31 Jul
Weeks higher10 of 2615 weeks finished lower.
Best week+6.2%Week of 31 Jul.
Worst week-5.9%Week of 19 Jun.
Latest week+6.2%Week of 31 Jul.
Shape of recent returns
Strong gains2
Modest gains8
Flat weeks1
Modest losses11
Sharp losses4
Recent vol3.6%13-week weekly-return volatility.
Base vol2.8%52-week weekly-return volatility.
Up/down split21/29Count of positive and negative weeks in the 52-week window.
Average skew2.3% / -2.4%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorAU Communication Services
4-week rank10 / 44
Group average-0.4%
Trend breadth15.9%
Trend15.9%active weekly trend signals
MD43.2%positive activity pressure
RS20.5%positive relative leadership
Four-week leaders
IndustryAU Telecom Services
4-week rank2 / 11
Group average2.1%
Trend breadth9.1%
Trend9.1%active weekly trend signals
MD18.2%positive activity pressure
RS27.3%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape30/100
Trend, activity pressure, participation, and risk combine to a 30/100 tape read.
Indicator analysis10/100Latest 12-week confirmation: trend 0/12, activity pressure 0/12, relative leadership 0/12.
Activity pressure 0.08; No reversal markers Next-Week ExpectancyNegative 38.20%Next-week expectancy is negative with a 38.20% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors67/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 62 SVQF54/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 121.5 of 262 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment49/100Weighted news tone is neutral across 31 relevant articles.
Spark New Zealand (NZSE:SPK) Could Be 28% Below Fair Value On New COO Interest Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 31 Jul 2026 | 1.63 AUD | 6.2% | 1.71 AUD | 2.56 AUD | -0.42 | -13.00 | 8.2M | Off |
| 24 Jul 2026 | 1.53 AUD | 0.3% | 1.72 AUD | 2.57 AUD | -0.89 | -16.60 | 5.8M | Off |
| 17 Jul 2026 | 1.53 AUD | -1.3% | 1.73 AUD | 2.58 AUD | -1.05 | -17.61 | 8.5M | Off |
| 10 Jul 2026 | 1.55 AUD | 2.3% | 1.74 AUD | 2.60 AUD | -1.19 | -17.16 | 5.7M | Off |
| 3 Jul 2026 | 1.51 AUD | -1.3% | 1.75 AUD | 2.61 AUD | -1.40 | -19.92 | 7.4M | Off |
| 26 Jun 2026 | 1.53 AUD | 2.0% | 1.77 AUD | 2.63 AUD | -1.48 | -18.65 | 1.7M | Off |
| 19 Jun 2026 | 1.50 AUD | -5.9% | 1.78 AUD | 2.64 AUD | -1.51 | -21.29 | 3.9M | Off |
| 12 Jun 2026 | 1.60 AUD | 4.6% | 1.79 AUD | 2.65 AUD | -1.41 | -16.55 | 1.9M | Off |
| 5 Jun 2026 | 1.53 AUD | -5.8% | 1.80 AUD | 2.67 AUD | -1.35 | -18.90 | 9.2M | Off |
| 29 May 2026 | 1.62 AUD | -0.9% | 1.82 AUD | 2.68 AUD | -1.27 | -15.29 | 1.4M | Off |
| 22 May 2026 | 1.64 AUD | -0.3% | 1.83 AUD | 2.69 AUD | -1.20 | -14.08 | 6.7M | Off |
| 15 May 2026 | 1.65 AUD | -4.9% | 1.85 AUD | 2.71 AUD | -1.27 | -13.85 | 5.9M | Off |
| 8 May 2026 | 1.73 AUD | 1.5% | 1.86 AUD | 2.72 AUD | -1.20 | -10.84 | 5.3M | Off |
| 1 May 2026 | 1.71 AUD | -0.9% | 1.87 AUD | 2.74 AUD | -1.13 | -12.20 | 5.3M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.