Narrative Update • Jul 23
Have your own idea? Try our Stock Screener
New Zealand (NZX) Specialty Stores Industry Analysis
UpdatedJul 31, 2026
DataAggregated Company Financials
Companies6
- 7D-2.2%
- 3M-0.2%
- 1Y-13.2%
- YTD-15.2%
Over the last 7 days, the Specialty Stores industry has dropped 1.6%, driven by a pullback from Briscoe Group of 6.2%. Meanwhile, KMD Brands actually outperformed within the industry, gaining 5.6% in the last week. Overall the industry is down 13% in 12 months. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the New Zealand Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 Jul 2026 | NZ$2.8b | NZ$3.9b | NZ$81.5m | 13.7x | 34.3x | 0.7x |
| Sun, 28 Jun 2026 | NZ$2.8b | NZ$3.9b | NZ$81.5m | 13x | 34.3x | 0.7x |
| Tue, 26 May 2026 | NZ$2.7b | NZ$3.9b | NZ$81.0m | 12.7x | 33.3x | 0.7x |
| Thu, 23 Apr 2026 | NZ$2.7b | NZ$3.9b | NZ$84.0m | 12.7x | 32.7x | 0.7x |
| Sat, 21 Mar 2026 | NZ$2.8b | NZ$3.8b | NZ$69.5m | 14x | 40.3x | 0.7x |
| Mon, 16 Feb 2026 | NZ$2.9b | NZ$3.8b | NZ$63.3m | 15x | 45.1x | 0.8x |
| Wed, 14 Jan 2026 | NZ$3.0b | NZ$3.8b | NZ$63.3m | 15x | 47.3x | 0.8x |
| Fri, 12 Dec 2025 | NZ$2.9b | NZ$3.8b | NZ$63.3m | 15x | 45.2x | 0.8x |
| Sun, 09 Nov 2025 | NZ$3.0b | NZ$3.7b | NZ$61.4m | 15.3x | 48.9x | 0.8x |
| Tue, 07 Oct 2025 | NZ$2.8b | NZ$3.7b | NZ$61.4m | 14.3x | 46x | 0.8x |
| Thu, 04 Sep 2025 | NZ$2.9b | NZ$3.7b | NZ$94.5m | 15.7x | 30.7x | 0.8x |
| Sat, 02 Aug 2025 | NZ$2.9b | NZ$3.7b | NZ$78.4m | 16x | 36.9x | 0.8x |
| Mon, 30 Jun 2025 | NZ$2.8b | NZ$3.7b | NZ$78.4m | 16.1x | 35.3x | 0.7x |
| Wed, 28 May 2025 | NZ$2.6b | NZ$3.7b | NZ$75.0m | 16.6x | 34.3x | 0.7x |
| Fri, 25 Apr 2025 | NZ$2.4b | NZ$3.7b | NZ$75.0m | 15.3x | 32.1x | 0.6x |
| Sun, 23 Mar 2025 | NZ$2.5b | NZ$3.7b | NZ$86.0m | 15.6x | 29x | 0.7x |
| Tue, 18 Feb 2025 | NZ$2.6b | NZ$3.7b | NZ$102.4m | 14.8x | 25.4x | 0.7x |
| Thu, 16 Jan 2025 | NZ$2.6b | NZ$3.7b | NZ$102.4m | 14.1x | 25.3x | 0.7x |
| Sat, 14 Dec 2024 | NZ$2.7b | NZ$3.7b | NZ$102.4m | 14.6x | 26.3x | 0.7x |
| Mon, 11 Nov 2024 | NZ$2.6b | NZ$3.7b | NZ$103.1m | 13.2x | 24.9x | 0.7x |
| Wed, 09 Oct 2024 | NZ$2.5b | NZ$3.7b | NZ$103.1m | 12.6x | 24.6x | 0.7x |
| Fri, 06 Sep 2024 | NZ$2.5b | NZ$3.7b | NZ$171.8m | 12.1x | 14.3x | 0.7x |
| Sun, 04 Aug 2024 | NZ$2.3b | NZ$3.7b | NZ$190.1m | 11.2x | 12.1x | 0.6x |
| Tue, 02 Jul 2024 | NZ$2.1b | NZ$3.7b | NZ$190.1m | 10.3x | 11x | 0.6x |
| Thu, 30 May 2024 | NZ$2.3b | NZ$3.8b | NZ$191.8m | 11.2x | 11.9x | 0.6x |
| Sat, 27 Apr 2024 | NZ$2.4b | NZ$3.8b | NZ$190.5m | 11.7x | 12.8x | 0.6x |
| Mon, 25 Mar 2024 | NZ$2.5b | NZ$3.8b | NZ$190.2m | 11.8x | 13x | 0.7x |
| Wed, 21 Feb 2024 | NZ$2.5b | NZ$3.8b | NZ$220.6m | 11.1x | 11.5x | 0.7x |
| Fri, 19 Jan 2024 | NZ$2.6b | NZ$3.8b | NZ$220.6m | 11.8x | 11.8x | 0.7x |
| Sun, 17 Dec 2023 | NZ$2.7b | NZ$3.8b | NZ$220.6m | 12.1x | 12.3x | 0.7x |
| Tue, 14 Nov 2023 | NZ$2.7b | NZ$3.8b | NZ$216.6m | 11.8x | 12.4x | 0.7x |
| Thu, 12 Oct 2023 | NZ$2.7b | NZ$3.8b | NZ$216.6m | 11.7x | 12.3x | 0.7x |
| Sat, 09 Sep 2023 | NZ$2.6b | NZ$3.8b | NZ$241.9m | 10.8x | 10.9x | 0.7x |
| Mon, 07 Aug 2023 | NZ$2.8b | NZ$3.8b | NZ$243.1m | 11.8x | 11.3x | 0.7x |
Price to Earnings Ratio
11.3x
Current Industry PE
- Investors are optimistic on the New Zealander Specialty Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 34.1x which is higher than its 3-year average PE of 26.2x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have declined 31% 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 industry?
| NZ Market | -0.45% | |
| Consumer Discretionary | -2.38% | |
| Specialty Stores | -2.19% | |
| Specialty Stores | 5.57% | |
| Apparel Retail | 0.47% | |
| Computer and Electronics Retail | 0% | 0 |
| Automotive Retail | -0.55% | |
| Home Furnishing Retail | -6.19% | |
Industry PE
- Investors are most optimistic about the Home Furnishing Retail industry, which is trading close to its 3-year average PE ratio of 15.5x.
- Analysts are expecting annual earnings growth of 8.8%, which is higher than its past year's earnings decline of 2.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 78% over the next 5 years.
- In contrast, the Home Furnishing Retail industry is expected to see its earnings grow by 8.8% 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 | |
|---|---|---|---|---|---|
| KMD KMD Brands | NZ$1.81 | 4.9% +NZ$6.1m | -70.4% | PS0.1x | |
| HLG Hallenstein Glasson Holdings | NZ$10.65 | 0.7% +NZ$4.2m | 25.0% | PE13.7x |