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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedJun 13, 2026
DataAggregated Company Financials
Companies12
  • 7D0.5%
  • 3M-14.9%
  • 1Y-18.2%
  • YTD-19.8%

In the last week, the Consumer Discretionary industry is up 1.4%, with Turners Automotive Group up 2.8%. During this same period, the SkyCity Entertainment Group underperformed, falling 7.0%. In the past year, the industry is down 18%. Looking forward, earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Jun 2026NZ$4.0bNZ$8.2bNZ$162.3m13x24.9x0.5x
Mon, 11 May 2026NZ$4.3bNZ$8.1bNZ$161.7m15.4x26.7x0.5x
Wed, 08 Apr 2026NZ$4.2bNZ$8.1bNZ$161.7m14.9x26.1x0.5x
Fri, 06 Mar 2026NZ$4.6bNZ$8.1bNZ$140.9m15.6x32.4x0.6x
Sun, 01 Feb 2026NZ$4.8bNZ$8.0bNZ$130.2m15x36.7x0.6x
Tue, 30 Dec 2025NZ$4.7bNZ$8.0bNZ$130.2m15.3x36.1x0.6x
Thu, 27 Nov 2025NZ$4.7bNZ$8.0bNZ$129.8m14.4x35.9x0.6x
Sat, 25 Oct 2025NZ$5.1bNZ$9.5bNZ$153.8m15.8x33x0.5x
Mon, 22 Sep 2025NZ$4.5bNZ$9.4bNZ$171.0m14.9x26.5x0.5x
Wed, 20 Aug 2025NZ$4.6bNZ$9.4b-NZ$49,702,221.0015x-93.4x0.5x
Fri, 18 Jul 2025NZ$4.8bNZ$9.4b-NZ$68,099,221.0015.2x-69.9x0.5x
Sun, 15 Jun 2025NZ$4.6bNZ$9.4b-NZ$68,099,221.0014.6x-68.2x0.5x
Tue, 13 May 2025NZ$4.5bNZ$9.4b-NZ$70,152,326.0015.4x-63.8x0.5x
Thu, 10 Apr 2025NZ$4.3bNZ$9.4b-NZ$70,152,326.0015.1x-61.9x0.5x
Sat, 08 Mar 2025NZ$4.7bNZ$9.4b-NZ$18,521,326.0015x-253x0.5x
Mon, 03 Feb 2025NZ$4.9bNZ$9.4bNZ$1.3m14.6x3603.9x0.5x
Wed, 01 Jan 2025NZ$5.0bNZ$9.4bNZ$1.3m14.8x3679.2x0.5x
Fri, 29 Nov 2024NZ$4.9bNZ$9.4bNZ$1.5m14.9x3272.3x0.5x
Sun, 27 Oct 2024NZ$4.8bNZ$9.4bNZ$2.9m14.8x1646.4x0.5x
Tue, 24 Sep 2024NZ$4.8bNZ$9.7bNZ$93.9m13.4x50.7x0.5x
Thu, 22 Aug 2024NZ$4.7bNZ$9.7bNZ$249.2m11.9x19x0.5x
Sat, 20 Jul 2024NZ$4.6bNZ$9.6bNZ$285.5m11.6x16x0.5x
Mon, 17 Jun 2024NZ$4.4bNZ$9.6bNZ$285.5m11x15.5x0.5x
Wed, 15 May 2024NZ$4.7bNZ$9.6bNZ$284.2m11.5x16.4x0.5x
Fri, 12 Apr 2024NZ$5.3bNZ$9.6bNZ$284.2m13.4x18.6x0.5x
Sun, 10 Mar 2024NZ$5.2bNZ$9.8bNZ$300.6m12.4x17.2x0.5x
Tue, 06 Feb 2024NZ$5.6bNZ$9.7bNZ$300.9m12.4x18.6x0.6x
Thu, 04 Jan 2024NZ$5.4bNZ$9.8bNZ$297.6m12.1x18.1x0.6x
Sat, 02 Dec 2023NZ$5.6bNZ$9.8bNZ$297.6m15.6x18.9x0.6x
Mon, 30 Oct 2023NZ$5.5bNZ$9.7bNZ$295.1m17.1x18.8x0.6x
Wed, 27 Sep 2023NZ$5.7bNZ$9.7bNZ$330.4m15.9x17.1x0.6x
Fri, 25 Aug 2023NZ$6.0bNZ$9.6bNZ$355.3m15.1x16.8x0.6x
Sun, 23 Jul 2023NZ$6.2bNZ$9.6bNZ$381.1m14.6x16.3x0.7x
Tue, 20 Jun 2023NZ$6.2bNZ$9.6bNZ$378.5m13.3x16.4x0.6x
Price to Earnings Ratio

16.4x


Total Market Cap: NZ$6.2bTotal Earnings: NZ$378.5mTotal Revenue: NZ$9.6bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 429.7x202420252026
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 25.0x which is lower than its 3-year average PE of 430x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
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 5.3% 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 Market1.16%
Consumer Discretionary0.55%
Specialty Stores2.17%
General Merchandise and Department Stores1.64%
Consumer Durables0.71%
Consumer Services0%0
Online Retail and Ecommerce0%0
Hospitality-3.98%
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 9.7x.
    • Analysts are expecting annual earnings growth of 43.7% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Consumer Durables industry, which is trading below its 3-year average of 3.7x.
Forecasted Growth
  • Analysts are most optimistic on the General Merchandise and Department Stores industry, expecting annual earnings growth of 44% 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$8.352.8%
+NZ$21.0m		27.3%PE20x
HLG Hallenstein Glasson HoldingsNZ$10.112.6%
+NZ$15.5m		26.2%PE13x
KMD KMD BrandsNZ$0.08210.8%
+NZ$14.4m		-73.5%PS0.1x
BGP Briscoe GroupNZ$4.610.9%
+NZ$8.9m		-19.7%PE17.3x
WHS Warehouse GroupNZ$0.621.6%
+NZ$3.5m		-26.2%PE179.6x

Latest News

SKC
NZ$0.47
SkyCity Entertainment Group
7D
-7.0%
1Y
-49.5%
Narrative Update • Jun 12

SKC: Data Integration Expansion Will Support Margins And Undervalued Upside

Analysts have adjusted their NZ$ fair value view on SkyCity Entertainment Group in line with updated assumptions for discount rate, revenue growth, profit margins and future P/E. This has led to a recalibrated price target that reflects these revised inputs rather than a major shift in underlying conviction.
KMD
NZ$0.082
KMD Brands
7D
10.8%
1Y
-73.5%
Narrative Update • Jun 11

KMD: Recent Equity Raise And Low P/E Will Support Future Upside

Analysts have trimmed their fair value estimate for KMD Brands from NZ$0.15 to NZ$0.14, citing updated assumptions around revenue growth, profit margins, and future P/E expectations. What's in the News KMD Brands completed a follow on equity offering totaling NZ$65.265145m through multiple tranches of ordinary shares, according to a key developments filing.
TRA
NZ$8.35
Turners Automotive Group
7D
2.8%
1Y
27.3%
Narrative Update • Jun 07

TRA: Dividend Outlook And Margin Assumptions Will Shape Future Returns

Analysts have reduced their price target for Turners Automotive Group to NZ$8.26 from NZ$8.42, citing revised assessments of revenue growth, profit margins, discount rates and future P/E assumptions. What's in the News Directors have declared a quarterly ordinary dividend for Turners Automotive Group for the quarter ended 31 December 2025 of NZ$0.10588235 per share, fully imputed, scheduled to be paid on 29 April 2026.
MCK
NZ$3.40
Millennium & Copthorne Hotels New Zealand
7D
-0.3%
1Y
15.3%
2CC
NZ$0.60
2 Cheap Cars Group
7D
-4.0%
1Y
-12.3%
SVR
NZ$0.15
Savor
7D
-9.4%
1Y
-16.2%
WHS
NZ$0.62
Warehouse Group
7D
1.6%
1Y
-26.2%
BGP
NZ$4.61
Briscoe Group
7D
0.9%
1Y
-19.7%
HLG
NZ$10.11
Hallenstein Glasson Holdings
7D
2.6%
1Y
26.2%
CMO
NZ$6.75
Colonial Motor
7D
0.3%
1Y
-1.7%
BRW
NZ$0.70
Bremworth
7D
0.7%
1Y
8.5%
CCC
NZ$0.20
Cooks Coffee
7D
-7.1%
1Y
-22.0%
Analysis Article • Dec 11

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

When close to half the companies in New Zealand have price-to-earnings ratios (or "P/E's") below 18x, you may consider...