Narrative Update • Jul 22

Over the last 7 days, the Consumer Staples industry has remained flat, although notably Sanford gained 6.7%. The past year has been better, since the industry has gained 15% in that time. Earnings are forecast to grow by 15% annually.
Has the New Zealand Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 08 Aug 2026 | NZ$20.0b | NZ$35.4b | NZ$1.4b | 9.8x | 14.7x | 0.6x |
| Mon, 06 Jul 2026 | NZ$20.4b | NZ$35.4b | NZ$1.4b | 9.6x | 15x | 0.6x |
| Wed, 03 Jun 2026 | NZ$19.1b | NZ$35.4b | NZ$1.4b | 9.8x | 14x | 0.5x |
| Fri, 01 May 2026 | NZ$20.8b | NZ$35.4b | NZ$1.4b | 10.7x | 15.4x | 0.6x |
| Sun, 29 Mar 2026 | NZ$21.7b | NZ$35.4b | NZ$1.4b | 9x | 16x | 0.6x |
| Tue, 24 Feb 2026 | NZ$21.8b | NZ$33.9b | NZ$1.3b | 10x | 16.4x | 0.6x |
| Thu, 22 Jan 2026 | NZ$20.2b | NZ$33.7b | NZ$1.3b | 9.8x | 15.3x | 0.6x |
| Sat, 20 Dec 2025 | NZ$20.5b | NZ$33.7b | NZ$1.3b | 9.5x | 15.6x | 0.6x |
| Mon, 17 Nov 2025 | NZ$20.7b | NZ$33.8b | NZ$1.3b | 9.6x | 16.1x | 0.6x |
| Wed, 15 Oct 2025 | NZ$20.5b | NZ$33.8b | NZ$1.3b | 9.4x | 16x | 0.6x |
| Fri, 12 Sep 2025 | NZ$20.3b | NZ$33.9b | NZ$1.4b | 8.9x | 14.1x | 0.6x |
| Sun, 10 Aug 2025 | NZ$17.4b | NZ$33.7b | NZ$1.4b | 13.8x | 12.9x | 0.5x |
| Tue, 08 Jul 2025 | NZ$17.0b | NZ$33.5b | NZ$1.3b | 11.6x | 12.9x | 0.5x |
| Thu, 05 Jun 2025 | NZ$16.9b | NZ$33.5b | NZ$1.3b | 11.2x | 12.8x | 0.5x |
| Sat, 03 May 2025 | NZ$16.7b | NZ$33.5b | NZ$1.3b | 13.9x | 12.9x | 0.5x |
| Mon, 31 Mar 2025 | NZ$16.9b | NZ$33.5b | NZ$1.3b | 13x | 13.1x | 0.5x |
| Wed, 26 Feb 2025 | NZ$16.8b | NZ$31.9b | NZ$1.2b | 9.9x | 14.4x | 0.5x |
| Fri, 24 Jan 2025 | NZ$14.8b | NZ$31.8b | NZ$1.1b | 16.1x | 12.9x | 0.5x |
| Sun, 22 Dec 2024 | NZ$14.1b | NZ$31.8b | NZ$1.1b | 16.4x | 12.3x | 0.4x |
| Tue, 19 Nov 2024 | NZ$14.2b | NZ$31.8b | NZ$1.1b | 15.4x | 12.4x | 0.4x |
| Thu, 17 Oct 2024 | NZ$14.0b | NZ$31.7b | NZ$1.1b | 17.7x | 12.3x | 0.4x |
| Sat, 14 Sep 2024 | NZ$12.7b | NZ$31.8b | NZ$1.3b | 18x | 9.5x | 0.4x |
| Mon, 12 Aug 2024 | NZ$12.6b | NZ$31.7b | NZ$1.4b | 13.8x | 8.9x | 0.4x |
| Wed, 10 Jul 2024 | NZ$12.8b | NZ$31.6b | NZ$1.4b | 9.5x | 8.9x | 0.4x |
| Fri, 07 Jun 2024 | NZ$13.0b | NZ$30.5b | NZ$1.1b | 11.6x | 12.1x | 0.4x |
| Sun, 05 May 2024 | NZ$11.4b | NZ$31.8b | NZ$1.6b | 10.6x | 7.2x | 0.4x |
| Tue, 02 Apr 2024 | NZ$11.6b | NZ$31.8b | NZ$1.7b | 11.6x | 7x | 0.4x |
| Thu, 29 Feb 2024 | NZ$11.8b | NZ$33.1b | NZ$1.5b | 15.4x | 7.7x | 0.4x |
| Sat, 27 Jan 2024 | NZ$11.2b | NZ$33.2b | NZ$1.5b | 11.7x | 7.3x | 0.3x |
| Mon, 25 Dec 2023 | NZ$11.1b | NZ$33.2b | NZ$1.5b | 11.7x | 7.2x | 0.3x |
| Wed, 22 Nov 2023 | NZ$10.5b | NZ$33.2b | NZ$1.5b | 11.5x | 6.7x | 0.3x |
| Fri, 20 Oct 2023 | NZ$11.0b | NZ$33.2b | NZ$1.6b | 11.9x | 6.9x | 0.3x |
| Sun, 17 Sep 2023 | NZ$11.9b | NZ$34.7b | NZ$1.6b | 13x | 7.4x | 0.3x |
| Tue, 15 Aug 2023 | NZ$12.7b | NZ$34.6b | NZ$1.6b | 14.1x | 7.7x | 0.4x |
7.7x
Which industries have driven the changes within the New Zealand Consumer Staples sector?
| NZ Market | 0.70% | |
| Consumer Staples | 0.43% | |
| Personal Products | 4.08% | |
| Food and Staples Retail | 1.32% | |
| Food | 0.42% | |
| Beverage | -0.22% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAN Sanford | NZ$7.20 | 6.7% +NZ$42.1m | 29.7% | PE9.3x | |
| SCL Scales | NZ$6.78 | 4.3% +NZ$40.7m | 43.0% | PE9.8x | |
| PGW PGG Wrightson | NZ$2.30 | 4.1% +NZ$6.8m | -2.5% | PE14.5x | |
| CVT Comvita | NZ$0.77 | 4.1% +NZ$3.9m | 59.4% | PS0.5x | |
| TGG T&G Global | NZ$2.26 | 1.3% +NZ$3.7m | -5.8% | PE27.1x |