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New Zealand (NZX) Consumer Staples Sector Analysis

UpdatedNov 23, 2025
DataAggregated Company Financials
Companies17
  • 7D1.4%
  • 3M5.7%
  • 1Y45.7%
  • YTD49.4%

The Consumer Staples industry is up 1.4% in the last week, with a2 Milk up 1.8%. In the last 12 months, the industry was up 46%. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Nov 2025NZ$21.0bNZ$33.8bNZ$1.3b9.6x16x0.6x
Tue, 21 Oct 2025NZ$20.5bNZ$33.8bNZ$1.3b9.2x16x0.6x
Thu, 18 Sep 2025NZ$20.1bNZ$33.9bNZ$1.4b8.9x14x0.6x
Sat, 16 Aug 2025NZ$17.4bNZ$33.7bNZ$1.4b13.8x12.8x0.5x
Mon, 14 Jul 2025NZ$16.4bNZ$33.5bNZ$1.3b11.4x12.5x0.5x
Wed, 11 Jun 2025NZ$17.2bNZ$33.5bNZ$1.3b11x13x0.5x
Fri, 09 May 2025NZ$16.8bNZ$33.5bNZ$1.3b13.3x12.9x0.5x
Sun, 06 Apr 2025NZ$16.6bNZ$33.5bNZ$1.3b13.5x12.8x0.5x
Tue, 04 Mar 2025NZ$17.1bNZ$31.9bNZ$1.2b13x14.7x0.5x
Thu, 30 Jan 2025NZ$14.7bNZ$31.8bNZ$1.2b8.9x12.7x0.5x
Sat, 28 Dec 2024NZ$14.1bNZ$31.8bNZ$1.1b15.1x12.3x0.4x
Mon, 25 Nov 2024NZ$14.4bNZ$31.8bNZ$1.1b15.1x12.6x0.5x
Wed, 23 Oct 2024NZ$14.1bNZ$31.7bNZ$1.1b17.1x12.4x0.4x
Fri, 20 Sep 2024NZ$12.4bNZ$31.8bNZ$1.3b17.3x9.3x0.4x
Sun, 18 Aug 2024NZ$13.0bNZ$31.7bNZ$1.4b13.3x9.2x0.4x
Tue, 16 Jul 2024NZ$12.9bNZ$31.6bNZ$1.4b9.9x8.9x0.4x
Thu, 13 Jun 2024NZ$12.8bNZ$30.5bNZ$1.1b10.7x12x0.4x
Sat, 11 May 2024NZ$11.4bNZ$31.8bNZ$1.6b10.9x7.2x0.4x
Mon, 08 Apr 2024NZ$11.4bNZ$31.8bNZ$1.6b11.7x7.2x0.4x
Wed, 06 Mar 2024NZ$11.7bNZ$33.0bNZ$1.5b11.6x7.8x0.4x
Fri, 02 Feb 2024NZ$11.0bNZ$33.2bNZ$1.5b12x7.1x0.3x
Sun, 31 Dec 2023NZ$11.2bNZ$33.2bNZ$1.5b11.6x7.3x0.3x
Tue, 28 Nov 2023NZ$10.4bNZ$33.2bNZ$1.5b11.4x6.7x0.3x
Thu, 26 Oct 2023NZ$10.8bNZ$33.2bNZ$1.6b11.9x6.8x0.3x
Sat, 23 Sep 2023NZ$11.9bNZ$33.5bNZ$1.6b12.6x7.3x0.4x
Mon, 21 Aug 2023NZ$12.3bNZ$34.6bNZ$1.6b16.6x7.5x0.4x
Wed, 19 Jul 2023NZ$12.6bNZ$34.5bNZ$1.6b16.2x7.7x0.4x
Fri, 16 Jun 2023NZ$12.8bNZ$34.0bNZ$1.2b14.7x10.3x0.4x
Sun, 14 May 2023NZ$12.4bNZ$34.2bNZ$1.3b14.5x9.9x0.4x
Tue, 11 Apr 2023NZ$12.9bNZ$34.2bNZ$1.3b14.4x10.3x0.4x
Thu, 09 Mar 2023NZ$13.7bNZ$32.0bNZ$989.1m14.1x13.8x0.4x
Sat, 04 Feb 2023NZ$14.2bNZ$31.8bNZ$1.0b14.3x14.2x0.4x
Mon, 02 Jan 2023NZ$14.1bNZ$31.8bNZ$1.0b14.4x14.1x0.4x
Wed, 30 Nov 2022NZ$13.5bNZ$31.8bNZ$1.0b13.8x13.4x0.4x
Price to Earnings Ratio

13.4x


Total Market Cap: NZ$13.5bTotal Earnings: NZ$1.0bTotal Revenue: NZ$31.8bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Staples Sector Price to Earnings3Y Average 10.8x202320242025
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 10.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 9.3% per year over the last three years.
  • Revenues for these companies have grown 2.0% 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 Market-0.31%
Consumer Staples1.41%
Food and Staples Retail4.86%
Beverage4.51%
Food1.31%
Personal Products-3.77%
Industry PE
  • Investors are most optimistic about the Food industry which is trading above its 3-year average PE ratio of 10.3x.
    • Analysts are expecting annual earnings growth of 12.3%, which is lower than the prior year's growth of 73.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Personal Products industry, expecting annual earnings growth of 66% 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$10.881.8%
+NZ$137.8m		73.0%PE38.9x
SAN SanfordNZ$7.3018.9%
+NZ$108.5m		75.9%PE10.7x
SCL ScalesNZ$6.065.9%
+NZ$49.0m		47.1%PE17.1x
DGL Delegat GroupNZ$4.504.2%
+NZ$18.2m		-4.3%PE9.3x
GXH Green Cross HealthNZ$0.977.1%
+NZ$9.3m		31.8%PE8.8x

Latest News

SAN
NZ$7.30
Sanford
7D
18.9%
1Y
75.9%

Improved Earnings Required Before Sanford Limited (NZSE:SAN) Stock's 26% Jump Looks Justified

Nov 21
Improved Earnings Required Before Sanford Limited (NZSE:SAN) Stock's 26% Jump Looks Justified
ATM
NZ$10.88
a2 Milk
7D
1.8%
1Y
73.0%
CVT
NZ$0.51
Comvita
7D
-3.8%
1Y
-53.6%
FCG
NZ$5.91
Fonterra Co-operative Group
7D
-0.3%
1Y
32.2%
LIC
NZ$1.04
Livestock Improvement
7D
-2.8%
1Y
9.5%
SCL
NZ$6.06
Scales
7D
5.9%
1Y
47.1%

SCL: Fair Value Will Be Maintained As Discount Rate Edges Up

Analysts have revised their price target for Scales, maintaining the fair value estimate at $6.33. They balanced updated assumptions of a higher discount rate with slight changes in projected profits and valuation multiples.
SML
NZ$0.70
Synlait Milk
7D
1.4%
1Y
72.8%

SML: Fair Value Estimate to Hold Amid Asset Sale and Debt Uncertainty

Narrative Update on Synlait Milk Analysts have maintained Synlait Milk's fair value estimate at $0.73 per share. They cite unchanged forward expectations, even though there has been a minor increase in the discount rate.
ALF
NZ$0.78
Allied Farmers
7D
-2.5%
1Y
2.6%

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
SEK
NZ$4.50
Seeka
7D
-2.2%
1Y
61.9%
NZK
NZ$0.20
New Zealand King Salmon Investments
7D
4.1%
1Y
-10.9%
TGG
NZ$2.20
T&G Global
7D
-1.8%
1Y
58.3%

Does T&G Global (NZSE:TGG) Have A Healthy Balance Sheet?

Oct 14
Does T&G Global (NZSE:TGG) Have A Healthy Balance Sheet?
GXH
NZ$0.97
Green Cross Health
7D
7.1%
1Y
31.8%

Green Cross Health Limited's (NZSE:GXH) Earnings Are Not Doing Enough For Some Investors

Oct 10
Green Cross Health Limited's (NZSE:GXH) Earnings Are Not Doing Enough For Some Investors
FWL
NZ$0.65
Foley Wines
7D
8.3%
1Y
-5.8%
DGL
NZ$4.50
Delegat Group
7D
4.2%
1Y
-4.3%