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New Zealand (NZX) Hospitality Industry Analysis
UpdatedJul 05, 2026
DataAggregated Company Financials
Companies4
- 7D1.9%
- 3M-10.6%
- 1Y-22.4%
- YTD-24.2%
Over the last 7 days, the Hospitality industry has risen 2.0%, driven by gains from Millennium & Copthorne Hotels New Zealand of 6.3%. During this same period, the Savor underperformed, falling 9.1%. In contrast, the industry has lost 22% in the last 12 months. Looking forward, earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the New Zealand Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 05 Jul 2026 | NZ$1.1b | NZ$1.1b | NZ$58.7m | 13.5x | 18.7x | 1x |
| Tue, 02 Jun 2026 | NZ$1.0b | NZ$1.1b | NZ$58.7m | 13.2x | 17.5x | 1x |
| Thu, 30 Apr 2026 | NZ$1.2b | NZ$1.1b | NZ$55.7m | 19.9x | 20.8x | 1.1x |
| Sat, 28 Mar 2026 | NZ$1.3b | NZ$1.1b | NZ$55.7m | 22.5x | 22.5x | 1.2x |
| Mon, 23 Feb 2026 | NZ$1.4b | NZ$1.1b | NZ$56.7m | 24.8x | 24.2x | 1.3x |
| Wed, 21 Jan 2026 | NZ$1.6b | NZ$1.1b | NZ$50.7m | 26.7x | 30.9x | 1.5x |
| Fri, 19 Dec 2025 | NZ$1.4b | NZ$1.1b | NZ$50.7m | 22.9x | 27.2x | 1.3x |
| Sun, 16 Nov 2025 | NZ$2.0b | NZ$2.6b | NZ$76.1m | 22.9x | 25.9x | 0.8x |
| Tue, 14 Oct 2025 | NZ$1.8b | NZ$2.6b | NZ$76.1m | 22.3x | 24.3x | 0.7x |
| Thu, 11 Sep 2025 | NZ$1.5b | NZ$2.6b | NZ$76.1m | 17.4x | 19.6x | 0.6x |
| Sat, 09 Aug 2025 | NZ$1.5b | NZ$2.6b | -NZ$130,718,221.00 | 13.5x | -11.7x | 0.6x |
| Mon, 07 Jul 2025 | NZ$1.5b | NZ$2.6b | -NZ$130,718,221.00 | 14.2x | -11.4x | 0.6x |
| Wed, 04 Jun 2025 | NZ$1.5b | NZ$2.6b | -NZ$130,718,221.00 | 14.1x | -11.6x | 0.6x |
| Fri, 02 May 2025 | NZ$1.7b | NZ$2.6b | -NZ$129,380,326.00 | 15.3x | -13.1x | 0.7x |
| Sun, 30 Mar 2025 | NZ$1.8b | NZ$2.6b | -NZ$129,380,326.00 | 17x | -13.5x | 0.7x |
| Tue, 25 Feb 2025 | NZ$1.9b | NZ$2.5b | -NZ$128,329,326.00 | 18.4x | -14.8x | 0.7x |
| Thu, 23 Jan 2025 | NZ$1.9b | NZ$2.6b | -NZ$111,854,326.00 | 19.2x | -17.2x | 0.8x |
| Sat, 21 Dec 2024 | NZ$1.9b | NZ$2.6b | -NZ$111,854,326.00 | 18.8x | -16.8x | 0.7x |
| Mon, 18 Nov 2024 | NZ$1.8b | NZ$2.6b | -NZ$111,029,923.00 | 20.6x | -16.3x | 0.7x |
| Wed, 16 Oct 2024 | NZ$1.9b | NZ$2.6b | -NZ$111,029,923.00 | 21.1x | -16.8x | 0.7x |
| Fri, 13 Sep 2024 | NZ$1.8b | NZ$2.6b | -NZ$111,029,923.00 | 22.5x | -16.7x | 0.7x |
| Sun, 11 Aug 2024 | NZ$1.8b | NZ$2.5b | NZ$29.6m | 22.4x | 62.4x | 0.7x |
| Tue, 09 Jul 2024 | NZ$1.8b | NZ$2.5b | NZ$47.5m | 20.4x | 37.5x | 0.7x |
| Thu, 06 Jun 2024 | NZ$2.0b | NZ$2.5b | NZ$47.5m | 25.7x | 43x | 0.8x |
| Sat, 04 May 2024 | NZ$2.1b | NZ$2.5b | NZ$45.8m | 23.2x | 46.1x | 0.9x |
| Mon, 01 Apr 2024 | NZ$2.3b | NZ$2.5b | NZ$45.8m | 22x | 51.2x | 0.9x |
| Wed, 28 Feb 2024 | NZ$2.2b | NZ$2.4b | NZ$48.6m | 19.2x | 45.7x | 0.9x |
| Fri, 26 Jan 2024 | NZ$2.2b | NZ$2.4b | NZ$39.8m | 25.1x | 56.4x | 0.9x |
| Sun, 24 Dec 2023 | NZ$2.2b | NZ$2.4b | NZ$36.5m | 23.2x | 59.1x | 0.9x |
| Tue, 21 Nov 2023 | NZ$2.1b | NZ$2.4b | NZ$34.8m | 23.3x | 60.7x | 0.9x |
| Thu, 19 Oct 2023 | NZ$2.3b | NZ$2.4b | NZ$38.0m | 25x | 60.4x | 1x |
| Sat, 16 Sep 2023 | NZ$2.3b | NZ$2.4b | NZ$38.0m | 25.6x | 61.7x | 1x |
| Mon, 14 Aug 2023 | NZ$2.7b | NZ$2.3b | NZ$66.1m | 22x | 41.3x | 1.2x |
| Wed, 12 Jul 2023 | NZ$2.9b | NZ$2.3b | NZ$75.3m | 19.5x | 38.4x | 1.3x |
Price to Earnings Ratio
38.4x
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 18.4x which is lower than its 3-year average PE of 21.4x.
- The 3-year average PS ratio of 0.87x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have declined 8.0% per year over the last three years,
- Revenues have also declined 22% 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 industry?
| NZ Market | 0.46% | |
| Consumer Discretionary | 0.29% | |
| Hospitality | 1.93% | |
| Hotels, Resorts and Cruise Lines | 5.03% | |
| Casinos and Gaming | 0% | 0 |
| Restaurants | -3.27% | |
Industry PE
- Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry even though it's trading below its 3-year average PE ratio of 48.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Restaurants industry, which is trading below its 3-year average of 34.6x.
Forecasted Growth
- Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 31% over the next 5 years.
- In contrast, the Casinos and Gaming industry is expected to see its earnings grow by 31% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MCK Millennium & Copthorne Hotels New Zealand | NZ$3.34 | 5.0% +NZ$25.3m | 17.2% | PE26.1x |