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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedApr 19, 2024
DataAggregated Company Financials
Companies14
  • 7D-2.4%
  • 3M-5.2%
  • 1Y-20.7%
  • YTD-4.1%

Over the last 7 days, the Consumer Discretionary industry has dropped 2.4%, driven by a pullback from SkyCity Entertainment Group of 4.2%. The industry has fallen 21% in the last year. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Apr 2024NZ$5.2bNZ$9.6bNZ$284.2m12.6x18.1x0.5x
Sun, 17 Mar 2024NZ$5.2bNZ$9.8bNZ$299.3m12.2x17.5x0.5x
Tue, 13 Feb 2024NZ$5.5bNZ$9.7bNZ$300.9m12.4x18.2x0.6x
Thu, 11 Jan 2024NZ$5.4bNZ$9.7bNZ$300.9m12.1x18.1x0.6x
Sat, 09 Dec 2023NZ$5.6bNZ$9.8bNZ$297.6m14.5x18.7x0.6x
Mon, 06 Nov 2023NZ$5.6bNZ$9.7bNZ$291.9m17.2x19.1x0.6x
Wed, 04 Oct 2023NZ$5.7bNZ$9.7bNZ$295.4m17x19.2x0.6x
Fri, 01 Sep 2023NZ$6.0bNZ$9.7bNZ$353.1m11.6x17x0.6x
Sun, 30 Jul 2023NZ$6.2bNZ$9.6bNZ$381.1m13.7x16.2x0.6x
Tue, 27 Jun 2023NZ$6.1bNZ$9.6bNZ$378.5m13.1x16.2x0.6x
Thu, 25 May 2023NZ$6.4bNZ$9.6bNZ$374.7m14.5x17.2x0.7x
Sat, 22 Apr 2023NZ$6.6bNZ$9.6bNZ$373.6m14.3x17.6x0.7x
Mon, 20 Mar 2023NZ$5.8bNZ$6.0bNZ$283.4m17.2x20.4x1x
Wed, 15 Feb 2023NZ$6.9bNZ$9.0bNZ$324.4m13.6x21.4x0.8x
Fri, 13 Jan 2023NZ$6.8bNZ$9.0bNZ$324.4m12.6x21x0.8x
Sun, 11 Dec 2022NZ$7.1bNZ$9.0bNZ$324.4m12.6x22x0.8x
Tue, 08 Nov 2022NZ$7.5bNZ$9.0bNZ$326.2m13x23x0.8x
Thu, 06 Oct 2022NZ$7.6bNZ$9.0bNZ$326.2m13.4x23.3x0.8x
Sat, 03 Sep 2022NZ$7.8bNZ$9.0bNZ$350.9m13.7x22.2x0.9x
Mon, 01 Aug 2022NZ$8.0bNZ$9.0bNZ$460.6m14.2x17.4x0.9x
Wed, 29 Jun 2022NZ$8.2bNZ$9.0bNZ$460.6m13.1x17.8x0.9x
Fri, 27 May 2022NZ$8.5bNZ$9.0bNZ$469.5m15.2x18x0.9x
Sun, 24 Apr 2022NZ$8.9bNZ$9.0bNZ$468.5m14.6x18.9x1x
Tue, 22 Mar 2022NZ$9.1bNZ$9.1bNZ$500.9m15.2x18.1x1x
Thu, 17 Feb 2022NZ$9.4bNZ$8.9bNZ$512.1m17.2x18.3x1x
Sat, 15 Jan 2022NZ$10.0bNZ$9.2bNZ$660.7m15.8x15.1x1.1x
Mon, 13 Dec 2021NZ$10.5bNZ$9.2bNZ$660.7m15.5x15.8x1.1x
Wed, 10 Nov 2021NZ$10.8bNZ$9.3bNZ$661.5mn/a16.4x1.2x
Fri, 08 Oct 2021NZ$10.9bNZ$9.3bNZ$658.3m15.9x16.6x1.2x
Sun, 05 Sep 2021NZ$10.8bNZ$9.2bNZ$553.9m18.9x19.6x1.2x
Tue, 03 Aug 2021NZ$10.3bNZ$9.2bNZ$553.9m17.3x18.6x1.1x
Fri, 07 May 2021NZ$10.4bNZ$8.9bNZ$442.7m17.8x23.4x1.2x
Price to Earnings Ratio

23.4x


Total Market Cap: NZ$10.4bTotal Earnings: NZ$442.7mTotal Revenue: NZ$8.9bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 18.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the New Zealander Consumer Discretionary industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 18.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.6% 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-0.80%
Consumer Discretionary-2.42%
Consumer Durables2.22%
Auto Components0%
Auto0%
Leisure0%
Luxury0%
Consumer Services0%
Retail Distributors0%
Online Retail and Ecommerce0%
Specialty Stores-2.10%
Hospitality-2.47%
General Merchandise and Department Stores-4.08%
Industry PE
  • Investors are most optimistic about the Hospitality industry even though it's trading below its 3-year average PE ratio of 59.3x.
    • Analysts are expecting annual earnings growth of 33.6%, which is higher than its past year's earnings decline of 24.9% per year.
  • Investors are most pessimistic about the Consumer Durables industry, which is trading below its 3-year average of 10.2x.
Forecasted Growth
  • Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings decline of 25% per year.
  • In contrast, the Specialty Stores industry is expected to see its earnings grow by 8.9% 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
RBD Restaurant Brands New ZealandNZ$3.390.6%
+NZ$2.5m
-49.8%PE26x
BFG Burger Fuel GroupNZ$0.3811.9%
+NZ$2.0m
41.5%PE20.3x
BRW BremworthNZ$0.464.5%
+NZ$1.4m
35.3%PE3.3x
CCC Cooks CoffeeNZ$0.297.4%
+NZ$1.2m
-3.3%PS2.6x
2CC 2 Cheap Cars GroupNZ$0.821.2%
+NZ$455.5k
215.4%PE9.6x
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