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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies13
  • 7D6.1%
  • 3M-8.2%
  • 1Y-24.4%
  • YTD-12.8%

The Consumer Discretionary industry is up 6.1% in the last week, with Warehouse Group up 22%. However, the industry is down 24% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024NZ$4.7bNZ$9.6bNZ$285.5m11.7x16.3x0.5x
Sun, 23 Jun 2024NZ$4.3bNZ$9.6bNZ$285.5m11x15.2x0.5x
Tue, 21 May 2024NZ$4.8bNZ$9.6bNZ$284.2m11.5x16.9x0.5x
Thu, 18 Apr 2024NZ$5.2bNZ$9.6bNZ$284.2m12.6x18.2x0.5x
Sat, 16 Mar 2024NZ$5.2bNZ$9.8bNZ$299.3m12.2x17.5x0.5x
Mon, 12 Feb 2024NZ$5.5bNZ$9.7bNZ$300.9m12.2x18.4x0.6x
Wed, 10 Jan 2024NZ$5.4bNZ$9.8bNZ$297.6m12x18.1x0.6x
Fri, 08 Dec 2023NZ$5.6bNZ$9.8bNZ$297.6m14.5x18.7x0.6x
Sun, 05 Nov 2023NZ$5.6bNZ$9.7bNZ$291.9m17.2x19.1x0.6x
Tue, 03 Oct 2023NZ$5.7bNZ$9.7bNZ$295.4m17x19.2x0.6x
Thu, 31 Aug 2023NZ$5.9bNZ$9.7bNZ$353.1m11.6x16.8x0.6x
Sat, 29 Jul 2023NZ$6.2bNZ$9.6bNZ$381.1m13.7x16.2x0.6x
Mon, 26 Jun 2023NZ$6.2bNZ$9.6bNZ$378.5m13.1x16.3x0.6x
Wed, 24 May 2023NZ$6.5bNZ$9.6bNZ$374.7m14.3x17.3x0.7x
Fri, 21 Apr 2023NZ$6.6bNZ$9.6bNZ$373.6m14.5x17.6x0.7x
Sun, 19 Mar 2023NZ$5.8bNZ$6.0bNZ$283.4m17.2x20.4x1x
Tue, 14 Feb 2023NZ$6.9bNZ$9.0bNZ$324.4m13.8x21.3x0.8x
Thu, 12 Jan 2023NZ$6.7bNZ$9.0bNZ$324.4m12.3x20.7x0.7x
Sat, 10 Dec 2022NZ$7.1bNZ$9.0bNZ$324.4m12.6x21.9x0.8x
Mon, 07 Nov 2022NZ$7.5bNZ$9.0bNZ$326.2m12.8x23x0.8x
Wed, 05 Oct 2022NZ$7.6bNZ$9.0bNZ$326.2m13.4x23.3x0.8x
Fri, 02 Sep 2022NZ$7.8bNZ$9.0bNZ$347.6m13.2x22.5x0.9x
Sun, 31 Jul 2022NZ$8.0bNZ$9.0bNZ$460.6m14.2x17.4x0.9x
Tue, 28 Jun 2022NZ$8.2bNZ$9.0bNZ$460.6m13x17.9x0.9x
Thu, 26 May 2022NZ$8.5bNZ$9.0bNZ$469.5m15.2x18x0.9x
Sat, 23 Apr 2022NZ$8.9bNZ$9.0bNZ$468.5m14.6x18.9x1x
Mon, 21 Mar 2022NZ$9.1bNZ$9.1bNZ$500.9m15.2x18.1x1x
Wed, 16 Feb 2022NZ$9.3bNZ$8.9bNZ$512.1m16.9x18.2x1x
Fri, 14 Jan 2022NZ$10.0bNZ$9.2bNZ$660.7m15.1x15.1x1.1x
Sun, 12 Dec 2021NZ$10.5bNZ$9.2bNZ$660.7m15.5x15.8x1.1x
Tue, 09 Nov 2021NZ$10.8bNZ$9.3bNZ$661.5mn/a16.4x1.2x
Thu, 07 Oct 2021NZ$10.9bNZ$9.3bNZ$658.3m15.8x16.5x1.2x
Sat, 04 Sep 2021NZ$10.8bNZ$9.2bNZ$553.9m18.9x19.6x1.2x
Mon, 02 Aug 2021NZ$10.3bNZ$9.2bNZ$553.9m17.1x18.7x1.1x
Price to Earnings Ratio

18.7x


Total Market Cap: NZ$10.3bTotal Earnings: NZ$553.9mTotal Revenue: NZ$9.2bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 18.2x202220232024
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 16.3x which is lower than its 3-year average PE of 18.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 20% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market0.32%
Consumer Discretionary6.05%
General Merchandise and Department Stores35.24%
Specialty Stores3.97%
Hospitality2.82%
Auto Components0%
Auto0%
Consumer Durables0%
Leisure0%
Luxury0%
Consumer Services0%
Retail Distributors0%
Online Retail and Ecommerce0%
Industry PE
  • Investors are most optimistic about the Hospitality industry even though it's trading below its 3-year average PE ratio of 60.4x.
    • Analysts are expecting annual earnings growth of 23.8%, 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 9.4x.
Forecasted Growth
  • Analysts are most optimistic on the General Merchandise and Department Stores industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 45% per year.
  • In contrast, the Specialty Stores industry is expected to see its earnings grow by 9.6% 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
WHS Warehouse GroupNZ$1.4222.4%
+NZ$89.8m		-21.1%PE12.9x
KMD KMD BrandsNZ$0.4512.7%
+NZ$35.6m		-51.6%PE27.4x
RBD Restaurant Brands New ZealandNZ$3.103.3%
+NZ$12.5m		-50.2%PE23.8x
HLG Hallenstein Glasson HoldingsNZ$5.562.0%
+NZ$6.5m		-11.0%PE10.2x
2CC 2 Cheap Cars GroupNZ$0.862.4%
+NZ$911.1k		56.4%PE6.3x
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Latest News

WHS

NZ$1.42

Warehouse Group

7D

22.4%

1Y

-21.1%

The Warehouse Group Limited (NZSE:WHS) Shares Fly 36% But Investors Aren't Buying For Growth

Jul 22
The Warehouse Group Limited (NZSE:WHS) Shares Fly 36% But Investors Aren't Buying For Growth

RBD

NZ$3.10

Restaurant Brands New Zealand

7D

3.3%

1Y

-50.2%

Getting In Cheap On Restaurant Brands New Zealand Limited (NZSE:RBD) Might Be Difficult

Jul 19
Getting In Cheap On Restaurant Brands New Zealand Limited (NZSE:RBD) Might Be Difficult

KMD

NZ$0.45

KMD Brands

7D

12.7%

1Y

-51.6%

KMD Brands Limited (NZSE:KMD) Investors Are Less Pessimistic Than Expected

Jul 18
KMD Brands Limited (NZSE:KMD) Investors Are Less Pessimistic Than Expected

BRW

NZ$0.41

Bremworth

7D

1.3%

1Y

-14.7%

Bremworth Limited's (NZSE:BRW) Share Price Not Quite Adding Up

Jul 16
Bremworth Limited's (NZSE:BRW) Share Price Not Quite Adding Up

CCC

NZ$0.24

Cooks Coffee

7D

2.1%

1Y

4.3%

TRA

NZ$4.27

Turners Automotive Group

7D

-3.4%

1Y

19.3%

SKC

NZ$1.57

SkyCity Entertainment Group

7D

-1.3%

1Y

-29.0%

HLG

NZ$5.56

Hallenstein Glasson Holdings

7D

2.0%

1Y

-11.0%

CMO

NZ$6.84

Colonial Motor

7D

-1.6%

1Y

-25.3%

2CC

NZ$0.86

2 Cheap Cars Group

7D

2.4%

1Y

56.4%

SVR

NZ$0.19

Savor

7D

-1.1%

1Y

-44.7%

MCK

NZ$1.73

Millennium & Copthorne Hotels New Zealand

7D

-1.7%

1Y

-15.6%

BGP

NZ$4.33

Briscoe Group

7D

-1.1%

1Y

-3.3%