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New Zealand (NZX) Hospitality Industry Analysis

UpdatedApr 16, 2024
DataAggregated Company Financials
Companies5
  • 7D-5.4%
  • 3M-0.1%
  • 1Y-27.8%
  • YTD1.6%

Over the last 7 days, the Hospitality industry has dropped 4.9%, driven by a pullback from SkyCity Entertainment Group of 6.9%. On the other hand Cooks Coffee is actually up 15%. Overall the industry is down 28% in 12 months. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Apr 2024NZ$2.2bNZ$2.5bNZ$45.8m22.6x47.9x0.9x
Thu, 14 Mar 2024NZ$2.2bNZ$2.5bNZ$45.8m20.4x47.4x0.9x
Sat, 10 Feb 2024NZ$2.4bNZ$2.4bNZ$39.8m23.9x61.1x1x
Mon, 08 Jan 2024NZ$2.2bNZ$2.4bNZ$36.5m24.6x60.5x0.9x
Wed, 06 Dec 2023NZ$2.3bNZ$2.4bNZ$36.5m24.8x62.3x0.9x
Fri, 03 Nov 2023NZ$2.2bNZ$2.4bNZ$34.8m23.4x63.7x0.9x
Sun, 01 Oct 2023NZ$2.3bNZ$2.4bNZ$38.0m25.8x61.8x1x
Tue, 29 Aug 2023NZ$2.6bNZ$2.4bNZ$51.1m20.6x51.7x1.1x
Thu, 27 Jul 2023NZ$2.8bNZ$2.3bNZ$75.3m19.5x37.8x1.2x
Sat, 24 Jun 2023NZ$2.8bNZ$2.3bNZ$75.3m19.2x37.2x1.2x
Mon, 22 May 2023NZ$3.0bNZ$2.3bNZ$71.1m23x41.9x1.3x
Wed, 19 Apr 2023NZ$3.0bNZ$2.3bNZ$71.1m22x42.5x1.3x
Fri, 17 Mar 2023NZ$2.9bNZ$2.3bNZ$71.1m20.5x40.8x1.3x
Sun, 12 Feb 2023NZ$3.1bNZ$1.9bNZ$17.5m19.1x178.2x1.6x
Tue, 10 Jan 2023NZ$3.0bNZ$1.9bNZ$17.5m19.5x169.5x1.5x
Thu, 08 Dec 2022NZ$3.2bNZ$1.9bNZ$17.5m19.1x185.5x1.7x
Sat, 05 Nov 2022NZ$3.4bNZ$1.9bNZ$18.7m26.7x182.1x1.8x
Mon, 03 Oct 2022NZ$3.4bNZ$1.9bNZ$18.7m26.2x180.5x1.8x
Wed, 31 Aug 2022NZ$3.6bNZ$1.9bNZ$37.9m19.6x95.3x1.9x
Fri, 29 Jul 2022NZ$3.6bNZ$1.9bNZ$132.0m26x27.5x1.9x
Sun, 26 Jun 2022NZ$3.8bNZ$1.9bNZ$132.0m27x28.9x2x
Tue, 24 May 2022NZ$4.0bNZ$1.9bNZ$132.8m25.1x30.1x2.1x
Thu, 21 Apr 2022NZ$4.3bNZ$1.9bNZ$132.8m27.9x32.1x2.2x
Sat, 19 Mar 2022NZ$4.4bNZ$1.9bNZ$132.8m28.1x33.2x2.3x
Mon, 14 Feb 2022NZ$4.6bNZ$2.0bNZ$243.9m19.7x18.7x2.2x
Wed, 12 Jan 2022NZ$4.4bNZ$2.0bNZ$243.9m17x18.2x2.2x
Fri, 10 Dec 2021NZ$4.7bNZ$2.0bNZ$243.9m9.9x19.4x2.3x
Sun, 07 Nov 2021NZ$4.7bNZ$2.0bNZ$245.2m21.4x19.3x2.3x
Tue, 05 Oct 2021NZ$4.9bNZ$2.0bNZ$245.2m21.7x19.9x2.4x
Thu, 02 Sep 2021NZ$4.9bNZ$2.0bNZ$253.3m22.9x19.5x2.4x
Sat, 31 Jul 2021NZ$4.9bNZ$2.0bNZ$253.3m22.7x19.2x2.4x
Tue, 04 May 2021NZ$4.8bNZ$1.9bNZ$153.7m32.9x31.2x2.6x
Price to Earnings Ratio

31.2x


Total Market Cap: NZ$4.8bTotal Earnings: NZ$153.7mTotal Revenue: NZ$1.9bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Hospitality Industry Price to Earnings3Y Average 59.3x202220232024
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 industry is trading at a PE ratio of 47.8x which is lower than its 3-year average PE of 59.3x.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 0.88x.
Past Earnings Growth
  • The earnings for companies in the Hospitality industry have declined 33% per year over the last three years.
  • Meanwhile revenues for these companies have grown 10.0% 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 Market-0.73%
Consumer Discretionary-3.14%
Hospitality-5.41%
Leisure Facilities0%
Restaurants-1.14%
Hotels, Resorts and Cruise Lines-4.62%
Casinos and Gaming-6.86%
Industry PE
  • Investors are most optimistic about the Casinos and Gaming industry which is trading above its 3-year average PE ratio of 58.0x.
    • Analysts are expecting annual earnings growth of 33.9%, which is higher than its past year's earnings decline of 66.6% per year.
  • Investors are most pessimistic about the Hotels, Resorts and Cruise Lines industry, which is trading close to its 3-year average of 14.0x.
Forecasted Growth
  • Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings decline of 67% per year.
  • In contrast, the Restaurants industry is expected to see its earnings grow by 33% 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
CCC Cooks CoffeeNZ$0.2814.6%
+NZ$2.1m		-8.3%PS2.5x
BFG Burger Fuel GroupNZ$0.3610.6%
+NZ$1.8m		35.2%PE19.8x
SVR SavorNZ$0.244.3%
+NZ$775.9k		-33.8%PS0.3x
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RBD

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