Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

New Zealand (NZX) Consumer Staples Sector Analysis

UpdatedMar 29, 2026
DataAggregated Company Financials
Companies16
  • 7D-0.5%
  • 3M4.7%
  • 1Y27.8%
  • YTD3.1%

Over the last 7 days, the Consumer Staples industry has remained flat. As for the the longer term, the industry is up 28% over the past 12 months. Earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

Has the New Zealand Consumer Staples Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 29 Mar 2026NZ$21.7bNZ$35.4bNZ$1.4b9x16x0.6x
Tue, 24 Feb 2026NZ$21.8bNZ$33.9bNZ$1.3b10x16.4x0.6x
Thu, 22 Jan 2026NZ$20.2bNZ$33.7bNZ$1.3b9.8x15.3x0.6x
Sat, 20 Dec 2025NZ$20.5bNZ$33.7bNZ$1.3b9.5x15.6x0.6x
Mon, 17 Nov 2025NZ$20.7bNZ$33.8bNZ$1.3b9.6x16.1x0.6x
Wed, 15 Oct 2025NZ$20.5bNZ$33.8bNZ$1.3b9.4x16x0.6x
Fri, 12 Sep 2025NZ$20.3bNZ$33.9bNZ$1.4b8.9x14.1x0.6x
Sun, 10 Aug 2025NZ$17.4bNZ$33.7bNZ$1.4b13.8x12.9x0.5x
Tue, 08 Jul 2025NZ$17.0bNZ$33.5bNZ$1.3b11.6x12.9x0.5x
Thu, 05 Jun 2025NZ$16.9bNZ$33.5bNZ$1.3b11.2x12.8x0.5x
Sat, 03 May 2025NZ$16.7bNZ$33.5bNZ$1.3b13.9x12.9x0.5x
Mon, 31 Mar 2025NZ$16.9bNZ$33.5bNZ$1.3b13x13.1x0.5x
Wed, 26 Feb 2025NZ$16.8bNZ$31.9bNZ$1.2b9.9x14.4x0.5x
Fri, 24 Jan 2025NZ$14.8bNZ$31.8bNZ$1.1b16.1x12.9x0.5x
Sun, 22 Dec 2024NZ$14.1bNZ$31.8bNZ$1.1b16.4x12.3x0.4x
Tue, 19 Nov 2024NZ$14.2bNZ$31.8bNZ$1.1b15.4x12.4x0.4x
Thu, 17 Oct 2024NZ$14.0bNZ$31.7bNZ$1.1b17.7x12.3x0.4x
Sat, 14 Sep 2024NZ$12.7bNZ$31.8bNZ$1.3b18x9.5x0.4x
Mon, 12 Aug 2024NZ$12.6bNZ$31.7bNZ$1.4b13.8x8.9x0.4x
Wed, 10 Jul 2024NZ$12.8bNZ$31.6bNZ$1.4b9.5x8.9x0.4x
Fri, 07 Jun 2024NZ$13.0bNZ$30.5bNZ$1.1b11.6x12.1x0.4x
Sun, 05 May 2024NZ$11.4bNZ$31.8bNZ$1.6b10.6x7.2x0.4x
Tue, 02 Apr 2024NZ$11.6bNZ$31.8bNZ$1.7b11.6x7x0.4x
Thu, 29 Feb 2024NZ$11.8bNZ$33.1bNZ$1.5b15.4x7.7x0.4x
Sat, 27 Jan 2024NZ$11.2bNZ$33.2bNZ$1.5b11.7x7.3x0.3x
Mon, 25 Dec 2023NZ$11.1bNZ$33.2bNZ$1.5b11.7x7.2x0.3x
Wed, 22 Nov 2023NZ$10.5bNZ$33.2bNZ$1.5b11.5x6.7x0.3x
Fri, 20 Oct 2023NZ$11.0bNZ$33.2bNZ$1.6b11.9x6.9x0.3x
Sun, 17 Sep 2023NZ$11.9bNZ$34.7bNZ$1.6b13x7.4x0.3x
Tue, 15 Aug 2023NZ$12.7bNZ$34.6bNZ$1.6b14.1x7.7x0.4x
Thu, 13 Jul 2023NZ$12.7bNZ$34.5bNZ$1.6b16.7x7.7x0.4x
Sat, 10 Jun 2023NZ$12.8bNZ$34.0bNZ$1.2b14.6x10.3x0.4x
Mon, 08 May 2023NZ$12.3bNZ$34.2bNZ$1.3b14.4x9.8x0.4x
Wed, 05 Apr 2023NZ$13.1bNZ$34.2bNZ$1.3b14.1x10.5x0.4x
Price to Earnings Ratio

10.5x


Total Market Cap: NZ$13.1bTotal Earnings: NZ$1.3bTotal Revenue: NZ$34.2bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Staples Sector Price to Earnings3Y Average 11.1x202420252026
Current Industry PE
  • Investors are optimistic on the New Zealander Consumer Staples industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.0x which is higher than its 3-year average PE of 11.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.45x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 2.6% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the New Zealand Consumer Staples sector?

NZ Market-0.48%
Consumer Staples-0.46%
Food-0.43%
Food and Staples Retail-0.46%
Beverage-1.83%
Personal Products-3.47%
Industry PE
  • Investors are most optimistic about the Food industry which is trading above its 3-year average PE ratio of 10.4x.
    • Analysts are expecting annual earnings growth of 17.9%, which is lower than the prior year's growth of 70.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Personal Products industry, expecting annual earnings growth of 63% over the next 5 years.
  • In contrast, the Food and Staples Retail industry is expected to see its earnings grow by 5.9% 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
TGG T&G GlobalNZ$2.412.6%
+NZ$7.4m		45.2%PE28.9x
LIC Livestock ImprovementNZ$1.073.9%
+NZ$5.7m		1.9%PE6x
SAN SanfordNZ$7.150.6%
+NZ$3.7m		39.9%PE10.5x
PGW PGG WrightsonNZ$2.221.4%
+NZ$2.3m		24.0%PE14x
GXH Green Cross HealthNZ$1.230.8%
+NZ$1.4m		59.7%PE10.1x

Latest News

NZK
NZ$0.20
New Zealand King Salmon Investments
7D
-0.5%
1Y
-10.5%

NZK: Stable CFO Appointment And Assumptions Will Support Future Upside Potential

Analysts have kept their NZ$ fair value target for New Zealand King Salmon Investments unchanged. They point to stable assumptions around discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view.
FCG
NZ$6.16
Fonterra Co-operative Group
7D
-1.0%
1Y
31.3%
ATM
NZ$11.41
a2 Milk
7D
-0.09%
1Y
29.7%

ATM: Dividend And FY26 Outlook Will Support Steady Future Returns

Analysts have kept their NZ$10.93 price target for a2 Milk unchanged, reflecting largely consistent assumptions around the discount rate, revenue growth, profit margin and future P/E relative to prior estimates. What's in the News a2 Milk declared an interim dividend of NZ$0.115 per share, described as unimputed and fully franked, representing around 74% of NPAT from continuing operations for the six months ended December 31, 2025 (Key Developments).
CVT
NZ$0.69
Comvita
7D
-3.5%
1Y
-4.8%
PGW
NZ$2.22
PGG Wrightson
7D
1.4%
1Y
24.0%
SEK
NZ$5.12
Seeka
7D
-2.3%
1Y
45.0%
SAN
NZ$7.15
Sanford
7D
0.6%
1Y
39.9%
TGG
NZ$2.41
T&G Global
7D
2.6%
1Y
45.2%
DGL
NZ$3.93
Delegat Group
7D
-2.0%
1Y
-11.9%
GXH
NZ$1.23
Green Cross Health
7D
0.8%
1Y
59.7%
LIC
NZ$1.07
Livestock Improvement
7D
3.9%
1Y
1.9%

Livestock Improvement's (NZSE:LIC) Earnings Are Of Questionable Quality

Jan 30
Livestock Improvement's (NZSE:LIC) Earnings Are Of Questionable Quality
MFB
NZ$0.21
My Food Bag Group
7D
-4.4%
1Y
18.8%