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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedApr 29, 2026
DataAggregated Company Financials
Companies12
  • 7D-1.3%
  • 3M-18.2%
  • 1Y-12.4%
  • YTD-16.8%

Over the last 7 days, the Consumer Discretionary industry has remained flat, although notably Warehouse Group declined by 11%. As for the longer term, the industry has declined 11% in the last year. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 29 Apr 2026NZ$4.2bNZ$8.1bNZ$161.7m14.7x25.9x0.5x
Fri, 27 Mar 2026NZ$4.4bNZ$8.1bNZ$143.3m14.6x30.5x0.5x
Sun, 22 Feb 2026NZ$4.5bNZ$8.0bNZ$136.3m15x33.4x0.6x
Tue, 20 Jan 2026NZ$4.9bNZ$8.0bNZ$130.2m14.8x37.4x0.6x
Thu, 18 Dec 2025NZ$4.6bNZ$8.0bNZ$130.2m14.9x35x0.6x
Sat, 15 Nov 2025NZ$5.3bNZ$9.5bNZ$153.1m16.7x34.8x0.6x
Mon, 13 Oct 2025NZ$5.1bNZ$9.5bNZ$153.8m15.8x33.3x0.5x
Wed, 10 Sep 2025NZ$4.7bNZ$9.4bNZ$174.9m14.9x26.8x0.5x
Fri, 08 Aug 2025NZ$4.7bNZ$9.4b-NZ$68,099,221.0015.4x-69.2x0.5x
Sun, 06 Jul 2025NZ$4.6bNZ$9.4b-NZ$68,099,221.0015.7x-67.6x0.5x
Tue, 03 Jun 2025NZ$4.5bNZ$9.4b-NZ$68,099,221.0014.8x-66.7x0.5x
Thu, 01 May 2025NZ$4.4bNZ$9.4b-NZ$70,152,326.0015.5x-63x0.5x
Sat, 29 Mar 2025NZ$4.6bNZ$9.4b-NZ$70,208,326.0015.5x-65.1x0.5x
Mon, 24 Feb 2025NZ$4.9bNZ$9.4b-NZ$17,470,326.0015.4x-280.6x0.5x
Wed, 22 Jan 2025NZ$4.9bNZ$9.4bNZ$1.3m14.2x3616.1x0.5x
Fri, 20 Dec 2024NZ$4.9bNZ$9.4bNZ$1.3m14.7x3632.8x0.5x
Sun, 17 Nov 2024NZ$4.7bNZ$9.4bNZ$1.4m15.2x3389.8x0.5x
Tue, 15 Oct 2024NZ$4.8bNZ$9.4bNZ$2.9m14.9x1678.8x0.5x
Thu, 12 Sep 2024NZ$4.8bNZ$9.7bNZ$93.9m13.2x50.9x0.5x
Sat, 10 Aug 2024NZ$4.6bNZ$9.6bNZ$267.5m11.5x17x0.5x
Mon, 08 Jul 2024NZ$4.2bNZ$9.6bNZ$285.5m10.7x14.8x0.4x
Wed, 05 Jun 2024NZ$4.7bNZ$9.6bNZ$286.8m11.9x16.5x0.5x
Fri, 03 May 2024NZ$5.0bNZ$9.6bNZ$284.2m12.4x17.6x0.5x
Sun, 31 Mar 2024NZ$5.4bNZ$9.6bNZ$283.9m12.7x19.2x0.6x
Tue, 27 Feb 2024NZ$5.2bNZ$9.7bNZ$295.1m12.3x17.6x0.5x
Thu, 25 Jan 2024NZ$5.4bNZ$9.7bNZ$300.9m12.2x18x0.6x
Sat, 23 Dec 2023NZ$5.3bNZ$9.8bNZ$297.6m11.9x17.8x0.5x
Mon, 20 Nov 2023NZ$5.5bNZ$9.7bNZ$294.5m14.8x18.6x0.6x
Wed, 18 Oct 2023NZ$5.7bNZ$9.7bNZ$295.1m16.4x19.4x0.6x
Fri, 15 Sep 2023NZ$5.6bNZ$9.7bNZ$350.3m12.1x16x0.6x
Sun, 13 Aug 2023NZ$6.1bNZ$9.5bNZ$371.9m15.4x16.4x0.6x
Tue, 11 Jul 2023NZ$6.2bNZ$9.6bNZ$381.1m14.2x16.4x0.7x
Thu, 08 Jun 2023NZ$6.4bNZ$9.6bNZ$379.0m13.8x16.8x0.7x
Sat, 06 May 2023NZ$6.5bNZ$9.6bNZ$373.6m14.1x17.5x0.7x
Price to Earnings Ratio

17.5x


Total Market Cap: NZ$6.5bTotal Earnings: NZ$373.6mTotal Revenue: NZ$9.6bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 429.3x202420252026
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 25.9x which is lower than its 3-year average PE of 429x.
  • The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 24% per year over the last three years,
  • Revenues have also declined 5.2% 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 Market-0.90%
Consumer Discretionary-1.31%
Consumer Durables9.56%
Consumer Services0%0
Online Retail and Ecommerce0%0
Specialty Stores-0.28%
Hospitality-2.09%
General Merchandise and Department Stores-10.67%
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 2.5x.
    • Analysts are expecting annual earnings growth of 78.3% 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 5.9x.
Forecasted Growth
  • Analysts are most optimistic on the General Merchandise and Department Stores industry, expecting annual earnings growth of 78% over the next 5 years.
  • In contrast, the Specialty Stores industry is expected to see its earnings grow by 12% 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
KMD KMD BrandsNZ$0.061-4.7%
NZ$17.1m		-81.5%PS0.1x
MCK Millennium & Copthorne Hotels New ZealandNZ$3.200.9%
+NZ$4.7m		15.1%PE25x
BGP Briscoe GroupNZ$4.460.5%
+NZ$4.5m		5.7%PE16.8x
BRW BremworthNZ$0.745.0%
+NZ$2.4m		13.8%PE2.5x
BFG Burger Fuel GroupNZ$0.341.5%
+NZ$176.2k		3.0%PE8.5x

Latest News

TRA
NZ$8.57
Turners Automotive Group
7D
-0.2%
1Y
47.8%

TRA: Dividend Stability And Five Year Plan Update Will Shape Future Returns

Analysts have lifted their NZ$ fair value estimate for Turners Automotive Group by NZ$0.09, citing updated assumptions around discount rates and future P/E that modestly adjust their longer term view of the shares. What's in the News Directors declared a quarterly ordinary dividend of NZ$0.10588235 per share, fully imputed, for the quarter ended 31 December 2025, with payment scheduled for 29 April 2026 (Key Developments).
KMD
NZ$0.061
KMD Brands
7D
-4.7%
1Y
-81.5%

KMD: Rights Offer Will Support Leaner Margins And Future Upside Potential

Analysts have revised their fair value estimate for KMD Brands from NZ$0.19 to NZ$0.14. This reflects updated assumptions for slightly lower revenue growth, slimmer profit margins and a higher future P/E multiple.
SKC
NZ$0.64
SkyCity Entertainment Group
7D
-4.5%
1Y
-44.8%

SKC: Higher Margin Outlook And Lower P/E Will Support Undervalued Case

Analysts have nudged their NZ$ price target for SkyCity Entertainment Group slightly higher, citing updated assumptions for revenue growth, profit margins, and the stock's future P/E multiple as the main drivers of this adjustment. Valuation Changes Fair Value: NZ$0.88 is unchanged in the updated assumptions.
WHS
NZ$0.67
Warehouse Group
7D
-9.5%
1Y
-18.3%

Store Expansion And Cost Reset Will Shape Margins While Keeping Shares Fairly Valued

Catalysts About Warehouse Group Warehouse Group operates a multi brand retail business in New Zealand across general merchandise, stationery and consumer electronics. What are the underlying business or industry changes driving this perspective?
BGP
NZ$4.46
Briscoe Group
7D
0.5%
1Y
5.7%
HLG
NZ$9.75
Hallenstein Glasson Holdings
7D
-1.3%
1Y
33.9%
CMO
NZ$7.79
Colonial Motor
7D
-2.4%
1Y
14.1%
BRW
NZ$0.74
Bremworth
7D
5.0%
1Y
13.8%
MCK
NZ$3.20
Millennium & Copthorne Hotels New Zealand
7D
0.9%
1Y
15.1%
BFG
NZ$0.34
Burger Fuel Group
7D
1.5%
1Y
3.0%
2CC
NZ$0.59
2 Cheap Cars Group
7D
-0.8%
1Y
-19.6%
CCC
NZ$0.21
Cooks Coffee
7D
-8.7%
1Y
-22.2%

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
SVR
NZ$0.18
Savor
7D
-1.6%
1Y
-9.8%