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New Zealand (NZX) Consumer Staples Sector Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies16
  • 7D0.8%
  • 3M4.3%
  • 1Y27.3%
  • YTD4.2%

In the last week, Consumer Staples has been flat. As for the the longer term, the industry is up 28% over the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026NZ$21.7bNZ$34.2bNZ$1.4b9.7x15.8x0.6x
Sun, 25 Jan 2026NZ$20.2bNZ$33.7bNZ$1.3b9.7x15.4x0.6x
Tue, 23 Dec 2025NZ$20.7bNZ$33.7bNZ$1.3b9.4x15.7x0.6x
Thu, 20 Nov 2025NZ$20.9bNZ$33.8bNZ$1.3b9.7x15.9x0.6x
Sat, 18 Oct 2025NZ$20.5bNZ$33.8bNZ$1.3b9.2x16x0.6x
Mon, 15 Sep 2025NZ$20.1bNZ$33.9bNZ$1.4b8.9x14x0.6x
Wed, 13 Aug 2025NZ$17.2bNZ$33.7bNZ$1.4b13.8x12.7x0.5x
Fri, 11 Jul 2025NZ$16.4bNZ$33.5bNZ$1.3b11.6x12.4x0.5x
Sun, 08 Jun 2025NZ$17.1bNZ$33.5bNZ$1.3b11.2x12.9x0.5x
Tue, 06 May 2025NZ$16.7bNZ$33.5bNZ$1.3b14x12.9x0.5x
Thu, 03 Apr 2025NZ$16.7bNZ$33.5bNZ$1.3b13.7x12.9x0.5x
Sat, 01 Mar 2025NZ$17.2bNZ$31.9bNZ$1.2b12.5x14.6x0.5x
Mon, 27 Jan 2025NZ$14.8bNZ$31.8bNZ$1.2b9.5x12.7x0.5x
Wed, 25 Dec 2024NZ$14.1bNZ$31.8bNZ$1.1b15.8x12.3x0.4x
Fri, 22 Nov 2024NZ$13.8bNZ$31.8bNZ$1.1b15.2x12x0.4x
Sun, 20 Oct 2024NZ$13.9bNZ$31.7bNZ$1.1b17.7x12.2x0.4x
Tue, 17 Sep 2024NZ$12.6bNZ$31.8bNZ$1.3b17.5x9.4x0.4x
Thu, 15 Aug 2024NZ$12.8bNZ$31.7bNZ$1.4b13.1x9x0.4x
Sat, 13 Jul 2024NZ$12.9bNZ$31.6bNZ$1.4b10.3x8.9x0.4x
Mon, 10 Jun 2024NZ$13.0bNZ$30.5bNZ$1.1b11.1x12.1x0.4x
Wed, 08 May 2024NZ$11.4bNZ$31.8bNZ$1.6b10.5x7.2x0.4x
Fri, 05 Apr 2024NZ$11.4bNZ$31.8bNZ$1.6b11.7x7.2x0.4x
Sun, 03 Mar 2024NZ$11.7bNZ$33.0bNZ$1.5b11.9x7.8x0.4x
Tue, 30 Jan 2024NZ$11.1bNZ$33.2bNZ$1.5b11.5x7.2x0.3x
Thu, 28 Dec 2023NZ$11.2bNZ$33.2bNZ$1.5b11.9x7.3x0.3x
Sat, 25 Nov 2023NZ$10.5bNZ$33.2bNZ$1.5b11.4x6.8x0.3x
Mon, 23 Oct 2023NZ$10.9bNZ$33.2bNZ$1.6b11.9x6.9x0.3x
Wed, 20 Sep 2023NZ$11.8bNZ$34.7bNZ$1.6b13x7.3x0.3x
Fri, 18 Aug 2023NZ$12.6bNZ$34.6bNZ$1.6b13.3x7.7x0.4x
Sun, 16 Jul 2023NZ$12.7bNZ$34.5bNZ$1.6b16.1x7.7x0.4x
Tue, 13 Jun 2023NZ$12.7bNZ$34.0bNZ$1.2b14.7x10.3x0.4x
Thu, 11 May 2023NZ$12.3bNZ$34.2bNZ$1.3b14.5x9.8x0.4x
Sat, 08 Apr 2023NZ$12.9bNZ$34.2bNZ$1.3b14.4x10.3x0.4x
Mon, 06 Mar 2023NZ$13.6bNZ$32.1bNZ$1.0b14.3x13.5x0.4x
Price to Earnings Ratio

13.5x


Total Market Cap: NZ$13.6bTotal Earnings: NZ$1.0bTotal Revenue: NZ$32.1bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Staples Sector Price to Earnings3Y Average 11x202420252026
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 15.8x which is higher than its 3-year average PE of 11.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 2.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

NZ Market1.05%
Consumer Staples0.77%
Personal Products19.17%
Food0.77%
Food and Staples Retail-0.22%
Beverage-0.77%
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 16.0%, which is lower than the prior year's growth of 42.3% 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 6.2% 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
ATM a2 MilkNZ$11.553.4%
+NZ$275.7m		30.7%PE40.4x
FCG Fonterra Co-operative GroupNZ$6.160.7%
+NZ$64.2m		31.1%PE9.8x
SCL ScalesNZ$6.312.8%
+NZ$24.7m		50.2%PE9.1x
SAN SanfordNZ$8.003.4%
+NZ$24.3m		78.2%PE11.7x
SEK SeekaNZ$5.2110.9%
+NZ$21.6m		48.4%PE7.5x

Latest News

PGW
NZ$2.25
PGG Wrightson
7D
-3.0%
1Y
2.7%
SCL
NZ$6.31
Scales
7D
2.8%
1Y
50.2%
TGG
NZ$2.69
T&G Global
7D
2.7%
1Y
68.1%
CVT
NZ$0.71
Comvita
7D
16.4%
1Y
1.4%
FCG
NZ$6.16
Fonterra Co-operative Group
7D
0.7%
1Y
31.1%
ATM
NZ$11.55
a2 Milk
7D
3.4%
1Y
30.7%

ATM: Dividend Policy And 2026 Guidance Will Support Balanced Outlook

Analysts have modestly lifted their price target for a2 Milk to NZ$10.93 from NZ$10.38, citing updated assumptions that keep revenue growth expectations similar while slightly adjusting profit margin and future P/E inputs. What's in the News a2 Milk has declared an interim dividend of NZ$0.115 per share, described as unimputed and fully franked.
DGL
NZ$4.35
Delegat Group
7D
1.6%
1Y
-9.4%
SEK
NZ$5.21
Seeka
7D
10.9%
1Y
48.4%
LIC
NZ$1.00
Livestock Improvement
7D
-1.0%
1Y
-4.8%

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

Jan 30
Livestock Improvement's (NZSE:LIC) Earnings Are Of Questionable Quality
GXH
NZ$1.21
Green Cross Health
7D
-0.8%
1Y
50.6%

Green Cross Health Limited's (NZSE:GXH) Shares Bounce 26% But Its Business Still Trails The Market

Jan 29
Green Cross Health Limited's (NZSE:GXH) Shares Bounce 26% But Its Business Still Trails The Market
FWL
NZ$0.59
Foley Wines
7D
-4.1%
1Y
-1.7%
MFB
NZ$0.23
My Food Bag Group
7D
-4.3%
1Y
9.8%
SAN
NZ$8.00
Sanford
7D
3.4%
1Y
78.2%
ALF
NZ$0.75
Allied Farmers
7D
-0.7%
1Y
-1.3%

We Think The Compensation For Allied Farmers Limited's (NZSE:ALF) CEO Looks About Right

Oct 30
We Think The Compensation For Allied Farmers Limited's (NZSE:ALF) CEO Looks About Right