Narrative Update • Jun 07

Over the last 7 days, the Consumer Staples industry has dropped 1.0%, driven by a pullback from Fonterra Co-operative Group of 3.2%. This takes the industry's 12 month performance to a gain of 4.2%. Earnings are forecast to grow by 14% annually.
Has the New Zealand Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 17 Sep 2026 | NZ$21.0b | NZ$35.8b | NZ$1.4b | 11.3x | 14.6x | 0.6x |
| Sat, 15 Aug 2026 | NZ$20.1b | NZ$35.5b | NZ$1.4b | 9.9x | 14.7x | 0.6x |
| Mon, 13 Jul 2026 | NZ$20.3b | NZ$35.4b | NZ$1.4b | 9.7x | 14.9x | 0.6x |
| Wed, 10 Jun 2026 | NZ$18.9b | NZ$35.4b | NZ$1.4b | 9.8x | 13.9x | 0.5x |
| Fri, 08 May 2026 | NZ$19.3b | NZ$35.4b | NZ$1.4b | 10.2x | 14.3x | 0.5x |
| Sun, 05 Apr 2026 | NZ$21.6b | NZ$35.4b | NZ$1.4b | 9x | 16x | 0.6x |
| Tue, 03 Mar 2026 | NZ$22.0b | NZ$34.2b | NZ$1.4b | 9.5x | 15.9x | 0.6x |
| Thu, 29 Jan 2026 | NZ$20.3b | NZ$33.7b | NZ$1.3b | 10.1x | 15.5x | 0.6x |
| Sat, 27 Dec 2025 | NZ$20.7b | NZ$33.7b | NZ$1.3b | 9.5x | 15.7x | 0.6x |
| Mon, 24 Nov 2025 | NZ$21.0b | NZ$33.8b | NZ$1.3b | 9.6x | 16x | 0.6x |
| Wed, 22 Oct 2025 | NZ$20.6b | NZ$33.8b | NZ$1.3b | 9.2x | 16x | 0.6x |
| Fri, 19 Sep 2025 | NZ$19.8b | NZ$33.9b | NZ$1.4b | 9.1x | 13.8x | 0.6x |
| Sun, 17 Aug 2025 | NZ$17.4b | NZ$33.7b | NZ$1.4b | 13.8x | 12.8x | 0.5x |
| Tue, 15 Jul 2025 | NZ$16.4b | NZ$33.5b | NZ$1.3b | 11.5x | 12.4x | 0.5x |
| Thu, 12 Jun 2025 | NZ$17.1b | NZ$33.5b | NZ$1.3b | 11.1x | 13x | 0.5x |
| Sat, 10 May 2025 | NZ$16.8b | NZ$33.5b | NZ$1.3b | 13.4x | 13x | 0.5x |
| Mon, 07 Apr 2025 | NZ$16.6b | NZ$33.5b | NZ$1.3b | 13.5x | 12.8x | 0.5x |
| Wed, 05 Mar 2025 | NZ$17.1b | NZ$31.9b | NZ$1.2b | 13.2x | 14.3x | 0.5x |
| Fri, 31 Jan 2025 | NZ$14.6b | NZ$31.8b | NZ$1.2b | 9x | 12.6x | 0.5x |
| Sun, 29 Dec 2024 | NZ$14.1b | NZ$31.8b | NZ$1.1b | 15.1x | 12.3x | 0.4x |
| Tue, 26 Nov 2024 | NZ$14.4b | NZ$31.8b | NZ$1.1b | 15.2x | 12.6x | 0.5x |
| Thu, 24 Oct 2024 | NZ$14.3b | NZ$31.7b | NZ$1.1b | 17.1x | 12.6x | 0.5x |
| Sat, 21 Sep 2024 | NZ$12.5b | NZ$31.8b | NZ$1.3b | 17.3x | 9.4x | 0.4x |
| Mon, 19 Aug 2024 | NZ$13.0b | NZ$31.7b | NZ$1.4b | 13.3x | 9.2x | 0.4x |
| Wed, 17 Jul 2024 | NZ$12.9b | NZ$31.6b | NZ$1.4b | 9.7x | 8.9x | 0.4x |
| Fri, 14 Jun 2024 | NZ$12.8b | NZ$30.5b | NZ$1.1b | 10.7x | 12x | 0.4x |
| Sun, 12 May 2024 | NZ$11.4b | NZ$31.8b | NZ$1.6b | 10.9x | 7.2x | 0.4x |
| Tue, 09 Apr 2024 | NZ$11.4b | NZ$31.8b | NZ$1.6b | 11.7x | 7.2x | 0.4x |
| Thu, 07 Mar 2024 | NZ$11.7b | NZ$33.0b | NZ$1.5b | 11.7x | 7.8x | 0.4x |
| Sat, 03 Feb 2024 | NZ$11.1b | NZ$33.2b | NZ$1.5b | 11.9x | 7.2x | 0.3x |
| Mon, 01 Jan 2024 | NZ$11.2b | NZ$33.2b | NZ$1.5b | 11.6x | 7.3x | 0.3x |
| Wed, 29 Nov 2023 | NZ$10.4b | NZ$33.2b | NZ$1.5b | 11.4x | 6.7x | 0.3x |
| Fri, 27 Oct 2023 | NZ$10.7b | NZ$33.2b | NZ$1.6b | 11.9x | 6.7x | 0.3x |
| Sun, 24 Sep 2023 | NZ$11.9b | NZ$33.5b | NZ$1.6b | 12.6x | 7.3x | 0.4x |
7.3x
Which industries have driven the changes within the New Zealand Consumer Staples sector?
| NZ Market | -1.88% | |
| Consumer Staples | -1.52% | |
| Personal Products | 0.63% | |
| Food and Staples Retail | -0.69% | |
| Food | -1.54% | |
| Beverage | -1.98% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ATM a2 Milk | NZ$8.38 | 1.1% +NZ$65.3m | -13.7% | PE29x | |
| SML Synlait Milk | NZ$0.40 | 5.3% +NZ$12.1m | -42.9% | PS0.1x | |
| DGL Delegat Group | NZ$4.56 | 1.3% +NZ$6.1m | 1.8% | PE11.7x | |
| NZK New Zealand King Salmon Investments | NZ$0.24 | 4.3% +NZ$5.4m | 25.0% | PS0.7x | |
| GXH Green Cross Health | NZ$1.96 | 0.5% +NZ$1.4m | 132.0% | PE13.8x |