Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

New Zealand (NZX) Consumer Staples Sector Analysis

UpdatedSep 12, 2026
DataAggregated Company Financials
Companies16
  • 7D-1.9%
  • 3M6.6%
  • 1Y3.1%
  • YTD-1.0%

Over the last 7 days, the Consumer Staples industry has dropped 1.9%, driven by Fonterra Co-operative Group declining 3.3%. In the past year, the industry has gained 3.1%. As for the next few years, earnings are expected to grow by 14% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 12 Sep 2026NZ$20.8bNZ$35.8bNZ$1.4b11.5x14.5x0.6x
Mon, 10 Aug 2026NZ$20.0bNZ$35.4bNZ$1.4b9.8x14.7x0.6x
Wed, 08 Jul 2026NZ$20.7bNZ$35.4bNZ$1.4b9.6x15.2x0.6x
Fri, 05 Jun 2026NZ$19.1bNZ$35.4bNZ$1.4b9.9x14x0.5x
Sun, 03 May 2026NZ$20.7bNZ$35.4bNZ$1.4b10.6x15.4x0.6x
Tue, 31 Mar 2026NZ$21.6bNZ$35.4bNZ$1.4b9x16x0.6x
Thu, 26 Feb 2026NZ$21.8bNZ$34.2bNZ$1.4b9.6x15.8x0.6x
Sat, 24 Jan 2026NZ$20.4bNZ$33.7bNZ$1.3b9.7x15.6x0.6x
Mon, 22 Dec 2025NZ$20.4bNZ$33.7bNZ$1.3b9.5x15.5x0.6x
Wed, 19 Nov 2025NZ$20.8bNZ$33.8bNZ$1.3b9.5x15.9x0.6x
Fri, 17 Oct 2025NZ$20.7bNZ$33.8bNZ$1.3b9.5x16.1x0.6x
Sun, 14 Sep 2025NZ$20.1bNZ$33.9bNZ$1.4b8.9x14x0.6x
Tue, 12 Aug 2025NZ$17.2bNZ$33.7bNZ$1.4b13.9x12.7x0.5x
Thu, 10 Jul 2025NZ$16.5bNZ$33.5bNZ$1.3b11.4x12.5x0.5x
Sat, 07 Jun 2025NZ$17.1bNZ$33.5bNZ$1.3b11.2x12.9x0.5x
Mon, 05 May 2025NZ$16.7bNZ$33.5bNZ$1.3b13.9x12.9x0.5x
Wed, 02 Apr 2025NZ$16.8bNZ$33.5bNZ$1.3b13.4x13x0.5x
Fri, 28 Feb 2025NZ$17.0bNZ$31.9bNZ$1.2b9.5x14.6x0.5x
Sun, 26 Jan 2025NZ$14.8bNZ$31.8bNZ$1.2b9.5x12.7x0.5x
Tue, 24 Dec 2024NZ$14.1bNZ$31.8bNZ$1.1b15.6x12.3x0.4x
Thu, 21 Nov 2024NZ$13.8bNZ$31.8bNZ$1.1b15.2x12.1x0.4x
Sat, 19 Oct 2024NZ$13.9bNZ$31.7bNZ$1.1b17.7x12.2x0.4x
Mon, 16 Sep 2024NZ$12.7bNZ$31.8bNZ$1.3b18x9.5x0.4x
Wed, 14 Aug 2024NZ$12.6bNZ$31.6bNZ$1.4b13.1x8.9x0.4x
Fri, 12 Jul 2024NZ$12.9bNZ$31.6bNZ$1.4b9.9x9x0.4x
Sun, 09 Jun 2024NZ$13.0bNZ$30.5bNZ$1.1b11.1x12.1x0.4x
Tue, 07 May 2024NZ$11.4bNZ$31.8bNZ$1.6b10.6x7.2x0.4x
Thu, 04 Apr 2024NZ$11.5bNZ$31.8bNZ$1.7b11.6x6.9x0.4x
Sat, 02 Mar 2024NZ$11.8bNZ$33.0bNZ$1.5b11.9x7.9x0.4x
Mon, 29 Jan 2024NZ$11.1bNZ$33.2bNZ$1.5b11.7x7.2x0.3x
Wed, 27 Dec 2023NZ$11.1bNZ$33.2bNZ$1.5b11.7x7.2x0.3x
Fri, 24 Nov 2023NZ$10.4bNZ$33.2bNZ$1.5b11.2x6.7x0.3x
Sun, 22 Oct 2023NZ$10.9bNZ$33.2bNZ$1.6b11.9x6.9x0.3x
Tue, 19 Sep 2023NZ$11.9bNZ$34.7bNZ$1.6b13x7.3x0.3x
Price to Earnings Ratio

7.3x


Total Market Cap: NZ$11.9bTotal 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 12x202420252026
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 14.5x which is higher than its 3-year average PE of 12.0x.
  • 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 3.9% 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-2.93%
Consumer Staples-1.91%
Food and Staples Retail0.50%
Food-1.92%
Beverage-2.90%
Personal Products-3.01%
Industry PE
  • Investors are most optimistic about the Food industry which is trading above its 3-year average PE ratio of 11.3x.
    • Analysts are expecting annual earnings growth of 14.6%, which is lower than the prior year's growth of 20.0% 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 Food industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 20% per year.
  • In contrast, the Beverage industry is expected to see its earnings grow by 8.3% 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$8.172.3%
+NZ$130.6m		-19.7%PE28.2x
GXH Green Cross HealthNZ$1.961.6%
+NZ$4.3m		133.3%PE13.8x
SML Synlait MilkNZ$0.401.3%
+NZ$3.0m		-46.3%PS0.1x
NZK New Zealand King Salmon InvestmentsNZ$0.232.2%
+NZ$2.7m		15.0%PS0.7x
SEK SeekaNZ$5.220.8%
+NZ$1.7m		21.4%PE5.6x

Latest News

DGL
NZ$4.45
Delegat Group
7D
-3.1%
1Y
-4.3%
ATM
NZ$8.17
a2 Milk
7D
2.3%
1Y
-19.7%
SEK
NZ$5.22
Seeka
7D
0.8%
1Y
21.4%
SCL
NZ$6.80
Scales
7D
-7.7%
1Y
27.8%
FCG
NZ$4.63
Fonterra Co-operative Group
7D
-3.3%
1Y
18.5%
PGW
NZ$2.15
PGG Wrightson
7D
-5.3%
1Y
-8.9%
CVT
NZ$0.81
Comvita
7D
-3.0%
1Y
7.3%
SML
NZ$0.40
Synlait Milk
7D
1.3%
1Y
-46.3%
TGG
NZ$2.31
T&G Global
7D
-3.8%
1Y
15.5%
LIC
NZ$1.11
Livestock Improvement
7D
0.9%
1Y
16.8%
MFB
NZ$0.31
My Food Bag Group
7D
-3.1%
1Y
37.8%
NZK
NZ$0.23
New Zealand King Salmon Investments
7D
2.2%
1Y
15.0%
Narrative Update • Jun 07

NZK: Higher FY26 Harvest Guidance Will Support Future Upside

Analysts have adjusted their price target for New Zealand King Salmon Investments from NZ$0.31 to NZ$0.34, citing updated assumptions for discount rate, revenue growth, profit margins, and future P/E as key drivers of the change. What's in the News New Zealand King Salmon Investments upgraded its FY26 production guidance, with expected whole gilled and gutted harvest volumes now in a range of 5,800MT to 6,100MT, compared with the prior guidance of 5,500MT to 5,900MT.
GXH
NZ$1.96
Green Cross Health
7D
1.6%
1Y
133.3%
SAN
NZ$6.52
Sanford
7D
-6.2%
1Y
14.4%