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New Zealand (NZX) Consumer Staples Sector Analysis

UpdatedDec 20, 2025
DataAggregated Company Financials
Companies16
  • 7D-0.7%
  • 3M2.8%
  • 1Y45.1%
  • YTD45.1%

In the last week, Consumer Staples has been flat. As for the the longer term, the industry is up 44% over the past 12 months. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Dec 2025NZ$20.5bNZ$33.7bNZ$1.3b9.5x15.6x0.6x
Mon, 17 Nov 2025NZ$20.7bNZ$33.8bNZ$1.3b9.6x16.1x0.6x
Wed, 15 Oct 2025NZ$20.5bNZ$33.8bNZ$1.3b9.4x16x0.6x
Fri, 12 Sep 2025NZ$20.3bNZ$33.9bNZ$1.4b8.9x14.1x0.6x
Sun, 10 Aug 2025NZ$17.4bNZ$33.7bNZ$1.4b13.8x12.9x0.5x
Tue, 08 Jul 2025NZ$17.0bNZ$33.5bNZ$1.3b11.6x12.9x0.5x
Thu, 05 Jun 2025NZ$16.9bNZ$33.5bNZ$1.3b11.2x12.8x0.5x
Sat, 03 May 2025NZ$16.7bNZ$33.5bNZ$1.3b13.9x12.9x0.5x
Mon, 31 Mar 2025NZ$16.9bNZ$33.5bNZ$1.3b13x13.1x0.5x
Wed, 26 Feb 2025NZ$16.8bNZ$31.9bNZ$1.2b9.9x14.4x0.5x
Fri, 24 Jan 2025NZ$14.8bNZ$31.8bNZ$1.1b16.1x12.9x0.5x
Sun, 22 Dec 2024NZ$14.1bNZ$31.8bNZ$1.1b16.4x12.3x0.4x
Tue, 19 Nov 2024NZ$14.2bNZ$31.8bNZ$1.1b15.4x12.4x0.4x
Thu, 17 Oct 2024NZ$14.0bNZ$31.7bNZ$1.1b17.7x12.3x0.4x
Sat, 14 Sep 2024NZ$12.7bNZ$31.8bNZ$1.3b18x9.5x0.4x
Mon, 12 Aug 2024NZ$12.6bNZ$31.7bNZ$1.4b13.8x8.9x0.4x
Wed, 10 Jul 2024NZ$12.8bNZ$31.6bNZ$1.4b9.5x8.9x0.4x
Fri, 07 Jun 2024NZ$13.0bNZ$30.5bNZ$1.1b11.6x12.1x0.4x
Sun, 05 May 2024NZ$11.4bNZ$31.8bNZ$1.6b10.6x7.2x0.4x
Tue, 02 Apr 2024NZ$11.6bNZ$31.8bNZ$1.7b11.6x7x0.4x
Thu, 29 Feb 2024NZ$11.8bNZ$33.1bNZ$1.5b15.4x7.7x0.4x
Sat, 27 Jan 2024NZ$11.2bNZ$33.2bNZ$1.5b11.7x7.3x0.3x
Mon, 25 Dec 2023NZ$11.1bNZ$33.2bNZ$1.5b11.7x7.2x0.3x
Wed, 22 Nov 2023NZ$10.5bNZ$33.2bNZ$1.5b11.5x6.7x0.3x
Fri, 20 Oct 2023NZ$11.0bNZ$33.2bNZ$1.6b11.9x6.9x0.3x
Sun, 17 Sep 2023NZ$11.9bNZ$34.7bNZ$1.6b13x7.4x0.3x
Tue, 15 Aug 2023NZ$12.7bNZ$34.6bNZ$1.6b14.1x7.7x0.4x
Thu, 13 Jul 2023NZ$12.7bNZ$34.5bNZ$1.6b16.7x7.7x0.4x
Sat, 10 Jun 2023NZ$12.8bNZ$34.0bNZ$1.2b14.6x10.3x0.4x
Mon, 08 May 2023NZ$12.3bNZ$34.2bNZ$1.3b14.4x9.8x0.4x
Wed, 05 Apr 2023NZ$13.1bNZ$34.2bNZ$1.3b14.1x10.5x0.4x
Fri, 03 Mar 2023NZ$13.6bNZ$32.0bNZ$988.4m14x13.8x0.4x
Sun, 29 Jan 2023NZ$14.2bNZ$31.8bNZ$1.0b14.4x14.2x0.4x
Tue, 27 Dec 2022NZ$13.9bNZ$31.8bNZ$1.0b14.1x13.9x0.4x
Price to Earnings Ratio

13.9x


Total Market Cap: NZ$13.9bTotal 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 10.9x202320242025
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 15.6x which is higher than its 3-year average PE of 10.9x.
  • 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 9.5% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

NZ Market-0.38%
Consumer Staples-0.70%
Food and Staples Retail1.71%
Beverage0.13%
Personal Products0%0
Food-0.74%
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 15.2%, 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$10.240.8%
+NZ$58.0m		63.8%PE36.6x
GXH Green Cross HealthNZ$1.082.4%
+NZ$3.6m		34.4%PE8.8x
PGW PGG WrightsonNZ$2.211.8%
+NZ$3.0m		39.9%PE15.6x
NZK New Zealand King Salmon InvestmentsNZ$0.202.1%
+NZ$2.2m		-12.0%PS0.6x
SEK SeekaNZ$4.551.1%
+NZ$2.1m		41.3%PE6.5x

Latest News

NZK
NZ$0.20
New Zealand King Salmon Investments
7D
2.1%
1Y
-12.0%
ATM
NZ$10.24
a2 Milk
7D
0.8%
1Y
63.8%

The a2 Milk Company Limited's (NZSE:ATM) Price Is Out Of Tune With Earnings

Dec 15
The a2 Milk Company Limited's (NZSE:ATM) Price Is Out Of Tune With Earnings
SCL
NZ$5.94
Scales
7D
-1.8%
1Y
55.5%

SCL: Index Inclusion And Stable Outlook Will Support Fair Value Assessment

Analysts have raised their price target on Scales from 6.33 to 6.68, citing a modestly higher long term fair value and a slightly richer future earnings multiple, despite only marginal adjustments to growth and margin assumptions. What's in the News Announced a gross distribution of $0.14930556 per share for the first half of 2025, with a total cash distribution of $0.12500000 per share.
SML
NZ$0.63
Synlait Milk
7D
-9.4%
1Y
48.8%

SML: Going Concern Warning Will Drive Higher Risk And Overvaluation

Analysts have raised their price target on Synlait Milk from NZ$0.41 to NZ$0.59, reflecting a higher required return as well as expectations of improved long term valuation support despite weaker near term revenue growth and margin assumptions. What's in the News Auditor KPMG issued an unqualified opinion on Synlait Milk's annual report for the year ended July 31, 2025, and highlighted significant doubt about the company's ability to continue as a going concern (Annual report / KPMG audit) The going concern warning indicates that Synlait Milk may face challenges meeting its financial obligations over the next 12 months without successful refinancing, asset sales, or improved operating performance (Annual report / KPMG audit) The combination of higher required returns from investors and formal going concern doubts points to elevated risk in Synlait Milk's capital structure and long term funding outlook (Annual report / KPMG audit) Valuation Changes The fair value estimate has increased from NZ$0.41 to NZ$0.59, rising significantly despite weaker near-term operating assumptions.
FWL
NZ$0.62
Foley Wines
7D
1.6%
1Y
3.3%
SEK
NZ$4.55
Seeka
7D
1.1%
1Y
41.3%
GXH
NZ$1.08
Green Cross Health
7D
2.4%
1Y
34.4%

Green Cross Health's (NZSE:GXH) Solid Earnings Are Supported By Other Strong Factors

Dec 05
Green Cross Health's (NZSE:GXH) Solid Earnings Are Supported By Other Strong Factors
FCG
NZ$5.87
Fonterra Co-operative Group
7D
-1.3%
1Y
38.1%

We Think Some Shareholders May Hesitate To Increase Fonterra Co-operative Group Limited's (NZSE:FCG) CEO Compensation

Dec 04
We Think Some Shareholders May Hesitate To Increase Fonterra Co-operative Group Limited's (NZSE:FCG) CEO Compensation
SAN
NZ$7.03
Sanford
7D
-2.6%
1Y
65.4%
LIC
NZ$0.97
Livestock Improvement
7D
-3.0%
1Y
2.1%
ALF
NZ$0.80
Allied Farmers
7D
-1.2%
1Y
6.7%

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
TGG
NZ$2.29
T&G Global
7D
-2.1%
1Y
52.7%

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

Oct 14
Does T&G Global (NZSE:TGG) Have A Healthy Balance Sheet?
PGW
NZ$2.21
PGG Wrightson
7D
1.8%
1Y
39.9%

Is PGG Wrightson (NZSE:PGW) Using Too Much Debt?

Oct 10
Is PGG Wrightson (NZSE:PGW) Using Too Much Debt?