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New Zealand (NZX) Hospitality Industry Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies5
  • 7D0.8%
  • 3M0.6%
  • 1Y-13.7%
  • YTD-15.5%

Over the last 7 days, the Hospitality industry has remained flat, although notably Restaurant Brands New Zealand declined by 4.1%. Unfortunately though, the industry is down 14% over the past 12 months. Looking forward, earnings are forecast to grow by 39% annually.

Industry Valuation and Performance

Has the New Zealand Hospitality Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024NZ$1.8bNZ$2.6b-NZ$111,711,923.0015.5x-16.3x0.7x
Tue, 22 Oct 2024NZ$1.8bNZ$2.6b-NZ$111,029,923.0021.2x-16.1x0.7x
Thu, 19 Sep 2024NZ$1.8bNZ$2.6b-NZ$111,029,923.0021.8x-16.3x0.7x
Sat, 17 Aug 2024NZ$1.9bNZ$2.5bNZ$29.6m24.2x63.9x0.8x
Mon, 15 Jul 2024NZ$1.8bNZ$2.5bNZ$47.5m19.6x37.9x0.7x
Wed, 12 Jun 2024NZ$1.9bNZ$2.5bNZ$47.5m23.9x39.8x0.8x
Fri, 10 May 2024NZ$2.0bNZ$2.5bNZ$45.8m21.3x43.5x0.8x
Sun, 07 Apr 2024NZ$2.3bNZ$2.5bNZ$45.8m22.2x50.5x0.9x
Tue, 05 Mar 2024NZ$2.2bNZ$2.5bNZ$45.8m19.9x47.9x0.9x
Thu, 01 Feb 2024NZ$2.3bNZ$2.4bNZ$39.8m25.5x57.7x0.9x
Sat, 30 Dec 2023NZ$2.2bNZ$2.4bNZ$36.5m24.7x60.9x0.9x
Mon, 27 Nov 2023NZ$2.1bNZ$2.4bNZ$34.8m24.1x61.5x0.9x
Wed, 25 Oct 2023NZ$2.3bNZ$2.4bNZ$38.0m24.4x60.4x1x
Fri, 22 Sep 2023NZ$2.3bNZ$2.4bNZ$38.0m26.5x61.4x1x
Sun, 20 Aug 2023NZ$2.7bNZ$2.3bNZ$66.1m20.9x40.2x1.2x
Tue, 18 Jul 2023NZ$2.9bNZ$2.3bNZ$75.3m19.9x39.1x1.3x
Thu, 15 Jun 2023NZ$2.9bNZ$2.3bNZ$75.3m20.4x37.9x1.2x
Sat, 13 May 2023NZ$3.0bNZ$2.3bNZ$71.1m23.6x42.7x1.3x
Mon, 10 Apr 2023NZ$3.1bNZ$2.3bNZ$71.1m23.3x43.6x1.4x
Wed, 08 Mar 2023NZ$3.0bNZ$2.3bNZ$71.1m20.9x42.5x1.3x
Fri, 03 Feb 2023NZ$3.1bNZ$1.9bNZ$17.5m20.2x179.2x1.6x
Sun, 01 Jan 2023NZ$2.9bNZ$1.9bNZ$17.5m20.2x163.7x1.5x
Tue, 29 Nov 2022NZ$3.3bNZ$1.9bNZ$17.5m21.2x191.3x1.7x
Thu, 27 Oct 2022NZ$3.3bNZ$1.9bNZ$18.7m25.8x178.3x1.7x
Sat, 24 Sep 2022NZ$3.5bNZ$1.9bNZ$18.7m27.1x188.2x1.8x
Mon, 22 Aug 2022NZ$3.7bNZ$1.9bNZ$116.1m24.1x32.2x1.9x
Wed, 20 Jul 2022NZ$3.8bNZ$1.9bNZ$132.0m27.8x28.5x1.9x
Fri, 17 Jun 2022NZ$3.8bNZ$1.9bNZ$132.0m28x28.9x2x
Sun, 15 May 2022NZ$4.0bNZ$1.9bNZ$132.8m26.2x29.9x2x
Tue, 12 Apr 2022NZ$4.3bNZ$1.9bNZ$132.8m28.5x32.3x2.2x
Thu, 10 Mar 2022NZ$4.3bNZ$1.9bNZ$132.8m29x32.6x2.2x
Sat, 05 Feb 2022NZ$4.4bNZ$2.0bNZ$243.9m23.7x18.2x2.2x
Mon, 03 Jan 2022NZ$4.5bNZ$2.0bNZ$243.9m19.9x18.4x2.2x
Wed, 01 Dec 2021NZ$4.5bNZ$2.0bNZ$243.9mn/a18.5x2.2x
Price to Earnings Ratio

18.5x


Total Market Cap: NZ$4.5bTotal Earnings: NZ$243.9mTotal Revenue: NZ$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Hospitality Industry Price to Earnings3Y Average 58.1x202220232024
Current Industry PE
  • Investors are pessimistic on the New Zealander Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.70x.
Past Earnings Growth
  • Total earnings for the Hospitality industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 7.9% 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 industry?

NZ Market2.02%
Consumer Discretionary1.19%
Hospitality0.80%
Casinos and Gaming2.86%
Hotels, Resorts and Cruise Lines0.54%
Leisure Facilities0%
Restaurants-3.84%
Industry PE
  • Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio of 20.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 48% over the next 5 years.
  • In contrast, the Restaurants industry is expected to see its earnings grow by 17% 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
SKC SkyCity Entertainment GroupNZ$1.442.9%
+NZ$30.3m		-17.7%PS1.3x
CCC Cooks CoffeeNZ$0.299.3%
+NZ$1.6m		82.1%PE38.4x
MCK Millennium & Copthorne Hotels New ZealandNZ$1.860.5%
+NZ$1.6m		-2.1%PE80x
BFG Burger Fuel GroupNZ$0.326.7%
+NZ$704.7k		23.1%PE8.5x
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Latest News

CCC

NZ$0.29

Cooks Coffee

7D

9.3%

1Y

82.1%

SVR

NZ$0.20

Savor

7D

-4.8%

1Y

-25.9%

SKC

NZ$1.44

SkyCity Entertainment Group

7D

2.9%

1Y

-17.7%

MCK

NZ$1.86

Millennium & Copthorne Hotels New Zealand

7D

0.5%

1Y

-2.1%

BFG

NZ$0.32

Burger Fuel Group

7D

6.7%

1Y

23.1%

Some Investors May Be Worried About Burger Fuel Group's (NZSE:BFG) Returns On Capital

Sep 24
Some Investors May Be Worried About Burger Fuel Group's (NZSE:BFG) Returns On Capital

RBD

NZ$3.31

Restaurant Brands New Zealand

7D

-4.1%

1Y

-9.6%