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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies17
  • 7D-0.09%
  • 3M-2.3%
  • 1Y18.1%
  • YTD15.5%

Over the last 7 days, the Consumer Discretionary industry has remained flat, although notably Restaurant Brands New Zealand gained 4.1%. The past year has been better, since the industry has gained 19% in that time.

Sector Valuation and Performance

Has the New Zealand Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021NZ$10.5bNZ$9.4bNZ$665.5m14x
Mon, 01 Nov 2021NZ$10.9bNZ$9.3bNZ$661.5m14.7x
Wed, 29 Sep 2021NZ$11.0bNZ$9.1bNZ$617.0m16.7x
Fri, 27 Aug 2021NZ$10.7bNZ$9.2bNZ$553.9m18.8x
Sat, 03 Jul 2021NZ$10.6bNZ$9.2bNZ$553.9m17.2x
Tue, 06 Apr 2021NZ$10.3bNZ$8.9bNZ$442.7m18.2x
Fri, 08 Jan 2021NZ$8.9bNZ$8.4bNZ$301.0m17x
Thu, 01 Oct 2020NZ$7.8bNZ$8.3bNZ$387.8m15.6x
Sun, 05 Jul 2020NZ$6.8bNZ$8.2bNZ$547.0m10.7x
Wed, 08 Apr 2020NZ$5.0bNZ$8.3bNZ$661.6m7.4x
Tue, 31 Dec 2019NZ$9.1bNZ$8.4bNZ$732.7m14.4x
Fri, 04 Oct 2019NZ$8.2bNZ$8.3bNZ$567.0m12.8x
Mon, 08 Jul 2019NZ$7.4bNZ$8.2bNZ$374.5m13.2x
Sun, 31 Mar 2019NZ$7.3bNZ$8.2bNZ$362.6m11.5x
Wed, 02 Jan 2019NZ$7.2bNZ$8.2bNZ$442.5m12x
PE Ratio

12x

Total Market Cap: NZ$7.2bTotal Earnings: NZ$442.5mTotal Revenue: NZ$8.2b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.8x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Consumer Discretionary industry have grown 13% per year over the last three years, and revenues for these companies have grown 4.6% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the New Zealand Consumer Discretionary sector?

General Merchanise and Department Stores2.31%
Consumer Durables0.41%
Hospitality-0.28%
Specialty Stores-0.48%
Consumer Services-6.98%

Industry PE: Investors are most optimistic about the Hospitality industry even though it's trading below its 3-year average PE ratio of 25.2x. However analysts are expecting annual earnings growth of 12%, which is lower than the prior year's growth of 14% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Consumer Services industry, which is trading below its 3-year average of 15.5x.

Forecasted Growth: Analysts are most optimistic on the Online Retail and Ecommerce industry, expecting annual earnings growth of 37% over the next 5 years. This is better than its past earnings decline of 66% per year. Meanwhile, the General Merchanise and Department Stores industry is expected to see its earnings grow by 4.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
RBD Restaurant Brands New Zealand4.1%+NZ$72.4m23.0%PE34.3x
WHS Warehouse Group2.6%+NZ$34.5m56.9%PE11.7x
TRA Turners Automotive Group0.9%+NZ$3.4m52.1%PE12.6x
CDI CDL Investments New Zealand0.9%+NZ$2.9m17.2%PE8.4x
BGP Briscoe Group0.1%+NZ$2.2m50.1%PE16.2x
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