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New Zealand (NZX) Consumer Staples Sector Analysis

UpdatedAug 31, 2026
DataAggregated Company Financials
Companies16
  • 7D2.3%
  • 3M9.2%
  • 1Y1.6%
  • YTD-0.9%

Over the last 7 days, the Consumer Staples industry has risen 2.3%, driven by gains from Fonterra Co-operative Group of 5.2%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 31 Aug 2026NZ$20.8bNZ$35.4bNZ$1.5b11.1x14.3x0.6x
Wed, 29 Jul 2026NZ$20.2bNZ$35.4bNZ$1.4b9.6x14.9x0.6x
Fri, 26 Jun 2026NZ$20.5bNZ$35.4bNZ$1.4b9.6x15x0.6x
Sun, 24 May 2026NZ$19.0bNZ$35.4bNZ$1.4b9.9x14x0.5x
Tue, 21 Apr 2026NZ$21.1bNZ$35.4bNZ$1.4b10x15.7x0.6x
Thu, 19 Mar 2026NZ$22.1bNZ$34.3bNZ$1.4b9.4x15.8x0.6x
Sat, 14 Feb 2026NZ$20.6bNZ$33.7bNZ$1.3b10.2x15.7x0.6x
Mon, 12 Jan 2026NZ$21.1bNZ$33.7bNZ$1.3b9.8x16x0.6x
Wed, 10 Dec 2025NZ$20.5bNZ$33.7bNZ$1.3b9.4x15.6x0.6x
Fri, 07 Nov 2025NZ$21.0bNZ$33.8bNZ$1.3b9.2x16.3x0.6x
Sun, 05 Oct 2025NZ$20.3bNZ$33.8bNZ$1.3b9.2x15.8x0.6x
Tue, 02 Sep 2025NZ$20.5bNZ$33.9bNZ$1.4b8.7x14.2x0.6x
Thu, 31 Jul 2025NZ$17.1bNZ$33.6bNZ$1.3b11.7x12.8x0.5x
Sat, 28 Jun 2025NZ$16.7bNZ$33.5bNZ$1.3b11.3x12.7x0.5x
Mon, 26 May 2025NZ$16.9bNZ$33.5bNZ$1.3b11.6x12.8x0.5x
Wed, 23 Apr 2025NZ$16.6bNZ$33.5bNZ$1.3b13.7x12.8x0.5x
Fri, 21 Mar 2025NZ$17.7bNZ$33.4bNZ$1.2b12.6x14.7x0.5x
Sun, 16 Feb 2025NZ$15.0bNZ$31.8bNZ$1.2b9.8x12.9x0.5x
Tue, 14 Jan 2025NZ$14.1bNZ$31.8bNZ$1.1b15.6x12.3x0.4x
Thu, 12 Dec 2024NZ$14.4bNZ$31.8bNZ$1.1b16.1x12.6x0.5x
Sat, 09 Nov 2024NZ$13.7bNZ$31.7bNZ$1.1b16.4x12x0.4x
Mon, 07 Oct 2024NZ$13.3bNZ$31.7bNZ$1.1b17.3x11.7x0.4x
Wed, 04 Sep 2024NZ$12.9bNZ$31.8bNZ$1.3b17.9x9.7x0.4x
Fri, 02 Aug 2024NZ$13.1bNZ$31.6bNZ$1.4b14.5x9.1x0.4x
Sun, 30 Jun 2024NZ$12.4bNZ$30.5bNZ$1.1b9.2x11.6x0.4x
Tue, 28 May 2024NZ$13.1bNZ$31.8bNZ$1.6b10.5x8.2x0.4x
Thu, 25 Apr 2024NZ$11.4bNZ$31.8bNZ$1.6b11.8x7.2x0.4x
Sat, 23 Mar 2024NZ$12.6bNZ$31.8bNZ$1.7b11.4x7.5x0.4x
Mon, 19 Feb 2024NZ$11.3bNZ$33.2bNZ$1.5b11.1x7.3x0.3x
Wed, 17 Jan 2024NZ$11.0bNZ$33.2bNZ$1.5b11.9x7.1x0.3x
Fri, 15 Dec 2023NZ$10.9bNZ$33.2bNZ$1.5b10.7x7x0.3x
Sun, 12 Nov 2023NZ$10.5bNZ$33.2bNZ$1.6b11.5x6.5x0.3x
Tue, 10 Oct 2023NZ$11.0bNZ$33.2bNZ$1.6b11.7x6.9x0.3x
Thu, 07 Sep 2023NZ$11.8bNZ$34.7bNZ$1.6b13x7.3x0.3x
Price to Earnings Ratio

7.3x


Total Market Cap: NZ$11.8bTotal Earnings: NZ$1.6bTotal Revenue: NZ$34.7bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Staples Sector Price to Earnings3Y Average 11.9x202420252026
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 14.3x which is higher than its 3-year average PE of 11.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have declined 3.4% 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 Staples sector?

NZ Market-1.47%
Consumer Staples2.29%
Beverage6.41%
Food2.24%
Personal Products1.23%
Food and Staples Retail-0.15%
Industry PE
  • Investors are most optimistic about the Food industry which is trading above its 3-year average PE ratio of 11.2x.
    • Analysts are expecting annual earnings growth of 13.8%, which is lower than the prior year's growth of 40.2% per year.
  • Investors are most pessimistic about the Beverage industry, which is trading below its 3-year average of 23.8x.
Forecasted Growth
  • Analysts are most optimistic on the Beverage industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 20% per year.
  • In contrast, the Food industry is expected to see its earnings grow by 14% 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
FCG Fonterra Co-operative GroupNZ$4.685.2%
+NZ$553.4m		19.4%PE10.8x
ATM a2 MilkNZ$8.191.7%
+NZ$101.6m		-23.3%PE28.3x
DGL Delegat GroupNZ$4.609.8%
+NZ$41.5m		8.7%PE11.8x
SCL ScalesNZ$7.021.7%
+NZ$17.5m		39.0%PE10.1x
SML Synlait MilkNZ$0.413.8%
+NZ$9.0m		-46.1%PS0.1x

Latest News

DGL
NZ$4.60
Delegat Group
7D
9.8%
1Y
8.7%
FWL
NZ$0.55
Foley Wines
7D
5.8%
1Y
-8.3%
ATM
NZ$8.19
a2 Milk
7D
1.7%
1Y
-23.3%
CVT
NZ$0.83
Comvita
7D
3.8%
1Y
12.2%
SCL
NZ$7.02
Scales
7D
1.7%
1Y
39.0%
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FCG
NZ$4.68
Fonterra Co-operative Group
7D
5.2%
1Y
19.4%
SML
NZ$0.41
Synlait Milk
7D
3.8%
1Y
-46.1%
PGW
NZ$2.29
PGG Wrightson
7D
-1.3%
1Y
-3.8%
TGG
NZ$2.30
T&G Global
7D
-6.1%
1Y
11.7%
LIC
NZ$1.10
Livestock Improvement
7D
4.8%
1Y
17.0%
SAN
NZ$6.70
Sanford
7D
-4.1%
1Y
18.6%