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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies12
  • 7D2.2%
  • 3M7.5%
  • 1Y1.2%
  • YTD2.3%

Over the last 7 days, the Consumer Discretionary industry has risen 2.2%, driven by gains from SkyCity Entertainment Group of 7.2%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 22% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026NZ$4.8bNZ$8.0bNZ$130.2m14.9x37x0.6x
Sat, 13 Dec 2025NZ$4.6bNZ$8.0bNZ$130.2m15.4x34.9x0.6x
Mon, 10 Nov 2025NZ$5.2bNZ$9.5bNZ$153.8m16.7x33.9x0.5x
Wed, 08 Oct 2025NZ$5.0bNZ$9.5bNZ$152.9m15.4x32.5x0.5x
Fri, 05 Sep 2025NZ$4.7bNZ$9.4bNZ$174.9m14.5x26.9x0.5x
Sun, 03 Aug 2025NZ$4.8bNZ$9.4b-NZ$68,099,221.0015.4x-70x0.5x
Tue, 01 Jul 2025NZ$4.6bNZ$9.4b-NZ$68,099,221.0015.4x-67.6x0.5x
Thu, 29 May 2025NZ$4.5bNZ$9.4b-NZ$66,485,326.0014.5x-67.5x0.5x
Sat, 26 Apr 2025NZ$4.4bNZ$9.4b-NZ$70,152,326.0015.1x-62.6x0.5x
Mon, 24 Mar 2025NZ$4.6bNZ$9.4b-NZ$59,094,326.0015.8x-77.4x0.5x
Wed, 19 Feb 2025NZ$5.0bNZ$9.4bNZ$1.3m15.4x3706.7x0.5x
Fri, 17 Jan 2025NZ$4.9bNZ$9.4bNZ$1.3m14.3x3603.1x0.5x
Sun, 15 Dec 2024NZ$5.0bNZ$9.4bNZ$1.3m15.1x3675.3x0.5x
Tue, 12 Nov 2024NZ$4.7bNZ$9.4bNZ$2.9m14.9x1642.7x0.5x
Thu, 10 Oct 2024NZ$4.9bNZ$9.4bNZ$2.9m14.5x1687.4x0.5x
Sat, 07 Sep 2024NZ$4.8bNZ$9.7bNZ$103.4m12x46.2x0.5x
Mon, 05 Aug 2024NZ$4.6bNZ$9.6bNZ$285.5m11.7x16.2x0.5x
Wed, 03 Jul 2024NZ$4.2bNZ$9.6bNZ$285.5m10.7x14.9x0.4x
Fri, 31 May 2024NZ$4.8bNZ$9.6bNZ$286.8m12.1x16.6x0.5x
Sun, 28 Apr 2024NZ$5.1bNZ$9.6bNZ$284.2m12.4x17.9x0.5x
Tue, 26 Mar 2024NZ$5.3bNZ$9.6bNZ$283.9m12.6x18.7x0.5x
Thu, 22 Feb 2024NZ$5.2bNZ$9.7bNZ$300.9m12x17.4x0.5x
Sat, 20 Jan 2024NZ$5.4bNZ$9.7bNZ$300.9m12.2x18x0.6x
Mon, 18 Dec 2023NZ$5.6bNZ$9.8bNZ$297.6m13.8x18.7x0.6x
Wed, 15 Nov 2023NZ$5.5bNZ$9.7bNZ$291.9m16.3x18.9x0.6x
Fri, 13 Oct 2023NZ$5.8bNZ$9.7bNZ$295.1m16.8x19.5x0.6x
Sun, 10 Sep 2023NZ$5.7bNZ$9.7bNZ$353.1m11.7x16x0.6x
Tue, 08 Aug 2023NZ$6.2bNZ$9.6bNZ$381.1m14.5x16.3x0.6x
Thu, 06 Jul 2023NZ$6.2bNZ$9.6bNZ$381.1m13.3x16.3x0.6x
Sat, 03 Jun 2023NZ$6.4bNZ$9.6bNZ$378.8m14.4x16.9x0.7x
Mon, 01 May 2023NZ$6.6bNZ$9.6bNZ$373.6m14.3x17.8x0.7x
Wed, 29 Mar 2023NZ$6.5bNZ$9.5bNZ$364.7m14x17.9x0.7x
Fri, 24 Feb 2023NZ$6.9bNZ$9.2bNZ$374.3m13.6x18.4x0.7x
Sun, 22 Jan 2023NZ$6.9bNZ$9.0bNZ$324.4m13.1x21.2x0.8x
Price to Earnings Ratio

21.2x


Total Market Cap: NZ$6.9bTotal Earnings: NZ$324.4mTotal Revenue: NZ$9.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 428.1x202420252026
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 37.0x which is lower than its 3-year average PE of 428x.
  • The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 26% per year over the last three years,
  • Revenues have also declined 4.0% 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 Market0.44%
Consumer Discretionary2.16%
Hospitality6.43%
Specialty Stores0.41%
Consumer Durables0%0
Consumer Services0%0
Online Retail and Ecommerce0%0
General Merchandise and Department Stores-0.67%
Industry PE
  • Investors are most optimistic about the Specialty Stores industry which is trading above its 3-year average PE ratio of 21.5x.
    • Analysts expect its future annual earnings growth (15.1%) 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 40% over the next 5 years.
  • In contrast, the Specialty Stores industry is expected to see its earnings grow by 15% 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
SKC SkyCity Entertainment GroupNZ$0.976.6%
+NZ$66.1m		-32.2%PE36.6x
MCK Millennium & Copthorne Hotels New ZealandNZ$3.353.7%
+NZ$19.0m		86.1%PE25x
TRA Turners Automotive GroupNZ$8.431.3%
+NZ$10.0m		56.1%PE18.6x
2CC 2 Cheap Cars GroupNZ$0.6313.5%
+NZ$3.4m		-21.3%PE10.9x
BFG Burger Fuel GroupNZ$0.367.5%
+NZ$880.9k		-10.0%PE8.8x

Latest News

2CC
NZ$0.63
2 Cheap Cars Group
7D
13.5%
1Y
-21.3%
TRA
NZ$8.43
Turners Automotive Group
7D
1.3%
1Y
56.1%

TRA: Dividend Outlook Will Stay Firm As Fair Value Remains Intact

Analysts have slightly reduced their price target on Turners Automotive Group to reflect a modestly higher discount rate and minor adjustments to long term revenue growth, profit margin, and future P/E assumptions, resulting in a revised fair value of $7.76. What's in the News Turners Automotive Group declared a quarterly dividend of $0.08 per share for the quarter ended 30 September 2025.
SKC
NZ$0.97
SkyCity Entertainment Group
7D
6.6%
1Y
-32.2%

SKC: Lower Growth Outlook And P/E Reset Will Shape Future Returns

Analysts have reduced their fair value estimate for SkyCity Entertainment Group from $1.10 to $0.85, reflecting updated assumptions for revenue growth, profit margins, and a lower future P/E multiple. Valuation Changes Fair Value Estimate reduced from NZ$1.10 to NZ$0.85 per share, indicating a lower central valuation point for SkyCity Entertainment Group.
KMD
NZ$0.28
KMD Brands
7D
-1.8%
1Y
-35.3%
CCC
NZ$0.22
Cooks Coffee
7D
-2.2%
1Y
-13.7%

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$9.75
Hallenstein Glasson Holdings
7D
-0.5%
1Y
17.6%
SVR
NZ$0.23
Savor
7D
4.5%
1Y
-4.2%
BFG
NZ$0.36
Burger Fuel Group
7D
7.5%
1Y
-10.0%
WHS
NZ$0.74
Warehouse Group
7D
-0.7%
1Y
-27.0%
CMO
NZ$8.15
Colonial Motor
7D
-0.4%
1Y
25.4%
BRW
NZ$0.78
Bremworth
7D
0.6%
1Y
84.5%
BGP
NZ$5.14
Briscoe Group
7D
-0.4%
1Y
8.2%

Briscoe Group (NZSE:BGP) Is Paying Out Less In Dividends Than Last Year

Sep 12
Briscoe Group (NZSE:BGP) Is Paying Out Less In Dividends Than Last Year
MCK
NZ$3.35
Millennium & Copthorne Hotels New Zealand
7D
3.7%
1Y
86.1%