Narrative Update • May 29

Over the last 7 days, the Hospitality industry has dropped 1.1%, driven by a pullback from SkyCity Entertainment Group of 3.0%. The industry has fallen 32% in the last year. Looking forward, earnings are forecast to grow by 40% annually.
Has the New Zealand Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Jun 2026 | NZ$1.0b | NZ$1.1b | NZ$58.7m | 12x | 17.1x | 0.9x |
| Mon, 11 May 2026 | NZ$1.2b | NZ$1.1b | NZ$55.7m | 20x | 20.9x | 1.1x |
| Wed, 08 Apr 2026 | NZ$1.2b | NZ$1.1b | NZ$55.7m | 21.4x | 21.9x | 1.1x |
| Fri, 06 Mar 2026 | NZ$1.4b | NZ$1.1b | NZ$55.7m | 25.4x | 24.5x | 1.3x |
| Sun, 01 Feb 2026 | NZ$1.5b | NZ$1.1b | NZ$50.7m | 24.7x | 29.4x | 1.4x |
| Tue, 30 Dec 2025 | NZ$1.4b | NZ$1.1b | NZ$50.7m | 22.9x | 27.9x | 1.3x |
| Thu, 27 Nov 2025 | NZ$1.3b | NZ$1.1b | NZ$50.2m | 22.8x | 26.8x | 1.2x |
| Sat, 25 Oct 2025 | NZ$1.8b | NZ$2.6b | NZ$76.1m | 22.7x | 24.2x | 0.7x |
| Mon, 22 Sep 2025 | NZ$1.5b | NZ$2.6b | NZ$76.1m | 17.4x | 19.6x | 0.6x |
| Wed, 20 Aug 2025 | NZ$1.6b | NZ$2.6b | -NZ$112,321,221.00 | 14.1x | -13.9x | 0.6x |
| Fri, 18 Jul 2025 | NZ$1.5b | NZ$2.6b | -NZ$130,718,221.00 | 14.5x | -11.8x | 0.6x |
| Sun, 15 Jun 2025 | NZ$1.5b | NZ$2.6b | -NZ$130,718,221.00 | 13.3x | -11.4x | 0.6x |
| Tue, 13 May 2025 | NZ$1.6b | NZ$2.6b | -NZ$129,380,326.00 | 14.7x | -12.4x | 0.6x |
| Thu, 10 Apr 2025 | NZ$1.6b | NZ$2.6b | -NZ$129,380,326.00 | 15.7x | -12.7x | 0.6x |
| Sat, 08 Mar 2025 | NZ$1.8b | NZ$2.6b | -NZ$129,380,326.00 | 16.9x | -13.8x | 0.7x |
| Mon, 03 Feb 2025 | NZ$1.9b | NZ$2.6b | -NZ$111,854,326.00 | 18.6x | -17.1x | 0.7x |
| Wed, 01 Jan 2025 | NZ$1.9b | NZ$2.6b | -NZ$111,854,326.00 | 18.9x | -17.1x | 0.7x |
| Fri, 29 Nov 2024 | NZ$1.8b | NZ$2.6b | -NZ$111,711,923.00 | 15.9x | -16.4x | 0.7x |
| Sun, 27 Oct 2024 | NZ$1.8b | NZ$2.6b | -NZ$111,029,923.00 | 21.4x | -16.3x | 0.7x |
| Tue, 24 Sep 2024 | NZ$1.8b | NZ$2.6b | -NZ$111,029,923.00 | 22x | -16.3x | 0.7x |
| Thu, 22 Aug 2024 | NZ$1.9b | NZ$2.5b | NZ$29.6m | 23.8x | 64x | 0.8x |
| Sat, 20 Jul 2024 | NZ$1.9b | NZ$2.5b | NZ$47.5m | 22.7x | 39.7x | 0.8x |
| Mon, 17 Jun 2024 | NZ$1.8b | NZ$2.5b | NZ$47.5m | 23.3x | 38.3x | 0.7x |
| Wed, 15 May 2024 | NZ$2.0b | NZ$2.5b | NZ$45.8m | 20.9x | 43.3x | 0.8x |
| Fri, 12 Apr 2024 | NZ$2.2b | NZ$2.5b | NZ$45.8m | 21.9x | 48.1x | 0.9x |
| Sun, 10 Mar 2024 | NZ$2.2b | NZ$2.5b | NZ$45.8m | 20.5x | 48x | 0.9x |
| Tue, 06 Feb 2024 | NZ$2.4b | NZ$2.4b | NZ$39.8m | 24.5x | 61.3x | 1x |
| Thu, 04 Jan 2024 | NZ$2.2b | NZ$2.4b | NZ$36.5m | 24.5x | 59.9x | 0.9x |
| Sat, 02 Dec 2023 | NZ$2.2b | NZ$2.4b | NZ$36.5m | 25.4x | 61.5x | 0.9x |
| Mon, 30 Oct 2023 | NZ$2.2b | NZ$2.4b | NZ$38.0m | 23.9x | 59.1x | 0.9x |
| Wed, 27 Sep 2023 | NZ$2.3b | NZ$2.4b | NZ$38.0m | 25.9x | 61.6x | 1x |
| Fri, 25 Aug 2023 | NZ$2.7b | NZ$2.4b | NZ$51.1m | 21x | 52.7x | 1.1x |
| Sun, 23 Jul 2023 | NZ$2.9b | NZ$2.3b | NZ$75.3m | 19.9x | 38.3x | 1.3x |
| Tue, 20 Jun 2023 | NZ$2.8b | NZ$2.3b | NZ$75.3m | 19.1x | 37.5x | 1.2x |
37.5x
Which industries have driven the changes within the New Zealand Consumer Discretionary industry?
| NZ Market | 0.30% | |
| Consumer Discretionary | 1.38% | |
| Hospitality | -2.58% | |
| Hotels, Resorts and Cruise Lines | 2.94% | |
| Restaurants | -5.13% | |
| Casinos and Gaming | -7.00% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||