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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies12
  • 7D-2.5%
  • 3M-1.6%
  • 1Y-3.5%
  • YTD-5.1%

Over the last 7 days, the Consumer Discretionary industry has dropped 2.4%, driven by Hallenstein Glasson Holdings declining 6.7%. Overall the industry is down 3.4% in 12 months. As for the next few years, earnings are expected to grow by 23% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Mar 2026NZ$4.5bNZ$8.1bNZ$143.3m14.5x31.3x0.6x
Wed, 11 Feb 2026NZ$4.7bNZ$8.0bNZ$130.2m15.1x36.4x0.6x
Fri, 09 Jan 2026NZ$4.8bNZ$8.0bNZ$130.2m14.8x36.5x0.6x
Sun, 07 Dec 2025NZ$4.6bNZ$8.0bNZ$130.2m14.1x35x0.6x
Tue, 04 Nov 2025NZ$5.2bNZ$9.5bNZ$153.8m16.3x33.7x0.5x
Thu, 02 Oct 2025NZ$4.9bNZ$9.4bNZ$141.7m15.5x34.5x0.5x
Sat, 30 Aug 2025NZ$4.7bNZ$9.4bNZ$154.8m15x30.3x0.5x
Mon, 28 Jul 2025NZ$4.8bNZ$9.4b-NZ$68,099,221.0015.3x-71.1x0.5x
Wed, 25 Jun 2025NZ$4.6bNZ$9.4b-NZ$68,099,221.0014.8x-67.5x0.5x
Fri, 23 May 2025NZ$4.5bNZ$9.4b-NZ$71,332,326.0015.6x-63x0.5x
Sun, 20 Apr 2025NZ$4.4bNZ$9.4b-NZ$70,152,326.0015.4x-62.1x0.5x
Tue, 18 Mar 2025NZ$4.6bNZ$9.4b-NZ$39,038,326.0016.2x-118.3x0.5x
Thu, 13 Feb 2025NZ$4.9bNZ$9.4bNZ$1.3m14.9x3639x0.5x
Sat, 11 Jan 2025NZ$4.9bNZ$9.4bNZ$1.3m14.6x3646.8x0.5x
Mon, 09 Dec 2024NZ$4.9bNZ$9.4bNZ$1.3m15.2x3637.3x0.5x
Wed, 06 Nov 2024NZ$4.7bNZ$9.4bNZ$2.9m14.8x1625.6x0.5x
Fri, 04 Oct 2024NZ$4.8bNZ$9.4bNZ$2.9m14.3x1653.9x0.5x
Sun, 01 Sep 2024NZ$4.7bNZ$9.7bNZ$103.4m11.4x45.2x0.5x
Tue, 30 Jul 2024NZ$4.6bNZ$9.6bNZ$285.5m11.7x16.2x0.5x
Thu, 27 Jun 2024NZ$4.2bNZ$9.6bNZ$285.5m10.5x14.6x0.4x
Sat, 25 May 2024NZ$4.8bNZ$9.6bNZ$284.4m11.8x16.8x0.5x
Mon, 22 Apr 2024NZ$5.1bNZ$9.6bNZ$284.2m12.6x18x0.5x
Wed, 20 Mar 2024NZ$5.2bNZ$9.7bNZ$275.7m12.6x18.9x0.5x
Fri, 16 Feb 2024NZ$5.4bNZ$9.7bNZ$300.9m12.4x17.8x0.5x
Sun, 14 Jan 2024NZ$5.4bNZ$9.7bNZ$300.9m12.1x18.1x0.6x
Tue, 12 Dec 2023NZ$5.5bNZ$9.8bNZ$297.6m14.5x18.4x0.6x
Thu, 09 Nov 2023NZ$5.6bNZ$9.7bNZ$291.9m17.2x19.2x0.6x
Sat, 07 Oct 2023NZ$5.6bNZ$9.7bNZ$295.1m16.6x19.1x0.6x
Mon, 04 Sep 2023NZ$6.0bNZ$9.7bNZ$353.1m11.6x17x0.6x
Wed, 02 Aug 2023NZ$6.2bNZ$9.6bNZ$381.1m14x16.4x0.7x
Fri, 30 Jun 2023NZ$6.1bNZ$9.6bNZ$378.5m12.8x16.2x0.6x
Sun, 28 May 2023NZ$6.4bNZ$9.6bNZ$378.8m14.6x17x0.7x
Tue, 25 Apr 2023NZ$6.6bNZ$9.6bNZ$373.6m14.5x17.6x0.7x
Thu, 23 Mar 2023NZ$5.8bNZ$6.1bNZ$302.5m14.5x19x0.9x
Price to Earnings Ratio

19x


Total Market Cap: NZ$5.8bTotal Earnings: NZ$302.5mTotal Revenue: NZ$6.1bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 428.9x202420252026
Current Industry PE
  • Investors are pessimistic on the New Zealander Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 31.3x which is lower than its 3-year average PE of 429x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 20% per year over the last three years.
  • Meanwhile revenues for these companies have grown 10% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

NZ Market-2.47%
Consumer Discretionary-2.45%
Consumer Services0%0
Online Retail and Ecommerce0%0
Specialty Stores-2.29%
Hospitality-2.49%
General Merchandise and Department Stores-3.42%
Consumer Durables-5.88%
Industry PE
  • Investors are most optimistic about the Specialty Stores industry which is trading above its 3-year average PE ratio of 23.3x.
    • Analysts expect its future annual earnings growth (13.6%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the General Merchandise and Department Stores industry, expecting annual earnings growth of 75% over the next 5 years.
  • In contrast, the Specialty Stores industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
TRA Turners Automotive GroupNZ$8.391.1%
+NZ$8.2m		42.2%PE18.6x
BGP Briscoe GroupNZ$4.730.6%
+NZ$6.7m		2.8%PE17.8x
SVR SavorNZ$0.202.5%
+NZ$383.9k		2.5%PS0.3x
BFG Burger Fuel GroupNZ$0.343.0%
+NZ$352.4k		7.8%PE8.5x

Latest News

BGP
NZ$4.73
Briscoe Group
7D
0.6%
1Y
2.8%
TRA
NZ$8.39
Turners Automotive Group
7D
1.1%
1Y
42.2%

TRA: Five Year Plan Update And Dividend Policy Will Shape Returns

Analysts have held their fair value estimate for Turners Automotive Group steady at NZ$7.81 per share, with only minor tweaks to inputs such as the discount rate and assumed future P/E. This reflects updated views on risk and valuation settings rather than a shift in the core outlook.
KMD
NZ$0.20
KMD Brands
7D
-12.8%
1Y
-45.3%
SKC
NZ$0.78
SkyCity Entertainment Group
7D
-3.1%
1Y
-37.0%

SKC: Lower Margin Outlook And Higher P/E Will Shape Fairly Valued View

Analysts have adjusted their price target for SkyCity Entertainment Group from NZ$0.85 to NZ$0.88, reflecting updated views on revenue growth, profit margins and the appropriate future P/E multiple. Valuation Changes Fair Value: increased from NZ$0.85 to NZ$0.88, a small upward adjustment to the estimated share value.
BRW
NZ$0.72
Bremworth
7D
-5.3%
1Y
20.0%
MCK
NZ$3.25
Millennium & Copthorne Hotels New Zealand
7D
-0.3%
1Y
37.1%
BFG
NZ$0.34
Burger Fuel Group
7D
3.0%
1Y
7.8%
WHS
NZ$0.69
Warehouse Group
7D
-4.2%
1Y
-20.7%
2CC
NZ$0.60
2 Cheap Cars Group
7D
-4.8%
1Y
-18.9%
CCC
NZ$0.21
Cooks Coffee
7D
-4.5%
1Y
-19.2%

Unpleasant Surprises Could Be In Store For Cooks Coffee Company Limited's (NZSE:CCC) Shares

Dec 11
Unpleasant Surprises Could Be In Store For Cooks Coffee Company Limited's (NZSE:CCC) Shares
HLG
NZ$9.45
Hallenstein Glasson Holdings
7D
-5.1%
1Y
20.4%
SVR
NZ$0.20
Savor
7D
2.5%
1Y
2.5%