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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedSep 01, 2026
DataAggregated Company Financials
Companies12
  • 7D1.5%
  • 3M5.9%
  • 1Y-7.1%
  • YTD-15.3%

Over the last 7 days, the Consumer Discretionary industry has risen 3.0%, driven by gains from Hallenstein Glasson Holdings of 14%. However, the industry is down 7.6% over the past year. Earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 01 Sep 2026NZ$4.3bNZ$8.2bNZ$147.9m15.4x28.9x0.5x
Thu, 30 Jul 2026NZ$4.2bNZ$8.2bNZ$162.3m13.6x25.8x0.5x
Sat, 27 Jun 2026NZ$4.1bNZ$8.2bNZ$162.3m13x25.4x0.5x
Mon, 25 May 2026NZ$4.0bNZ$8.2bNZ$158.8m14.7x25.3x0.5x
Wed, 22 Apr 2026NZ$4.2bNZ$8.1bNZ$161.7m14.7x26.1x0.5x
Fri, 20 Mar 2026NZ$4.4bNZ$8.1bNZ$143.3m14.5x30.8x0.5x
Sun, 15 Feb 2026NZ$4.6bNZ$8.0bNZ$130.2m15x35.3x0.6x
Tue, 13 Jan 2026NZ$4.8bNZ$8.0bNZ$130.2m15.2x37x0.6x
Thu, 11 Dec 2025NZ$4.5bNZ$8.0bNZ$130.2m14.5x34.6x0.6x
Sat, 08 Nov 2025NZ$5.2bNZ$9.5bNZ$153.8m16.7x33.9x0.5x
Mon, 06 Oct 2025NZ$5.0bNZ$9.5bNZ$152.9m15.6x32.6x0.5x
Wed, 03 Sep 2025NZ$4.7bNZ$9.4bNZ$174.9m14.5x26.6x0.5x
Fri, 01 Aug 2025NZ$4.8bNZ$9.4b-NZ$68,099,221.0015.5x-71x0.5x
Sun, 29 Jun 2025NZ$4.6bNZ$9.4b-NZ$68,099,221.0015.2x-67x0.5x
Tue, 27 May 2025NZ$4.5bNZ$9.4b-NZ$71,332,326.0015.8x-62.8x0.5x
Thu, 24 Apr 2025NZ$4.4bNZ$9.4b-NZ$70,152,326.0015.2x-62.1x0.5x
Sat, 22 Mar 2025NZ$4.6bNZ$9.4b-NZ$39,038,326.0016x-117.2x0.5x
Mon, 17 Feb 2025NZ$5.0bNZ$9.4bNZ$1.3m14.8x3677.5x0.5x
Wed, 15 Jan 2025NZ$4.9bNZ$9.4bNZ$1.3m14.3x3609.7x0.5x
Fri, 13 Dec 2024NZ$4.9bNZ$9.4bNZ$1.3m15.4x3626.8x0.5x
Sun, 10 Nov 2024NZ$4.8bNZ$9.4bNZ$2.9m15.2x1655.3x0.5x
Tue, 08 Oct 2024NZ$4.9bNZ$9.4bNZ$2.9m14.5x1688.7x0.5x
Thu, 05 Sep 2024NZ$4.7bNZ$9.7bNZ$103.4m11.9x45.7x0.5x
Sat, 03 Aug 2024NZ$4.6bNZ$9.6bNZ$285.5m11.7x16.2x0.5x
Mon, 01 Jul 2024NZ$4.2bNZ$9.6bNZ$285.5m10.4x14.8x0.4x
Wed, 29 May 2024NZ$4.8bNZ$9.6bNZ$286.8m12.5x16.7x0.5x
Fri, 26 Apr 2024NZ$5.1bNZ$9.6bNZ$284.2m12.8x18.1x0.5x
Sun, 24 Mar 2024NZ$5.3bNZ$9.6bNZ$283.9m12.6x18.7x0.5x
Tue, 20 Feb 2024NZ$5.3bNZ$9.7bNZ$300.9m12.2x17.7x0.5x
Thu, 18 Jan 2024NZ$5.4bNZ$9.7bNZ$300.9m12.1x18.1x0.6x
Sat, 16 Dec 2023NZ$5.5bNZ$9.8bNZ$297.6m13.8x18.5x0.6x
Mon, 13 Nov 2023NZ$5.6bNZ$9.7bNZ$291.9m17.2x19.1x0.6x
Wed, 11 Oct 2023NZ$5.7bNZ$9.7bNZ$295.1m17x19.4x0.6x
Fri, 08 Sep 2023NZ$5.7bNZ$9.7bNZ$353.1m12.1x16.2x0.6x
Price to Earnings Ratio

16.2x


Total Market Cap: NZ$5.7bTotal Earnings: NZ$353.1mTotal Revenue: NZ$9.7bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 430.4x202420252026
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 28.9x which is lower than its 3-year average PE of 430x.
  • The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 25% per year over the last three years,
  • Revenues have also declined 5.4% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

NZ Market0.21%
Consumer Discretionary1.54%
General Merchandise and Department Stores3.05%
Specialty Stores1.84%
Hospitality0.71%
Consumer Services0%0
Online Retail and Ecommerce0%0
Consumer Durables-1.39%
Industry PE
  • Investors are most optimistic about the General Merchandise and Department Stores industry which is trading above its 3-year average PE ratio of 21.7x.
    • Analysts are expecting annual earnings growth of 32.4% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Consumer Durables industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Specialty Stores industry is expected to see its earnings grow by 13% 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
HLG Hallenstein Glasson HoldingsNZ$11.8010.2%
+NZ$65.0m		34.9%PE15.2x
CMO Colonial MotorNZ$7.304.4%
+NZ$10.1m		-6.6%PE12x
MCK Millennium & Copthorne Hotels New ZealandNZ$3.200.9%
+NZ$4.7m		12.3%PE20.1x
WHS Warehouse GroupNZ$0.690.7%
+NZ$1.7m		-14.2%PE201.4x
TRA Turners Automotive GroupNZ$7.700.1%
+NZ$912.9k		11.1%PE18.4x

Latest News

SKC
NZ$0.66
SkyCity Entertainment Group
7D
-3.0%
1Y
-6.4%
WHS
NZ$0.69
Warehouse Group
7D
0.7%
1Y
-14.2%
KMD
NZ$1.70
KMD Brands
7D
-0.3%
1Y
-71.8%
Narrative Update • Aug 20

KMD: Higher Future P/E And Stock Split Will Drive Upside

Analysts have lifted their fair value estimate for KMD Brands from NZ$0.14 to NZ$3.50, reflecting updated assumptions for revenue growth, profit margins, and a higher future P/E multiple, despite a slightly higher discount rate. What's in the News KMD Brands issued earnings guidance for fiscal 2026, with Group sales expected in a range of $1,040 million to $1,044 million.
CMO
NZ$7.30
Colonial Motor
7D
4.4%
1Y
-6.6%
MCK
NZ$3.20
Millennium & Copthorne Hotels New Zealand
7D
0.9%
1Y
12.3%
BGP
NZ$4.43
Briscoe Group
7D
-4.1%
1Y
-21.7%
CCC
NZ$0.17
Cooks Coffee
7D
-1.8%
1Y
-31.8%
HLG
NZ$11.80
Hallenstein Glasson Holdings
7D
10.2%
1Y
34.9%
TRA
NZ$7.70
Turners Automotive Group
7D
0.1%
1Y
11.1%
BRW
NZ$0.68
Bremworth
7D
-6.2%
1Y
13.3%