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New Zealand (NZX) Financials Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies6
  • 7D-0.2%
  • 3M-3.4%
  • 1Y21.5%
  • YTD16.3%

Over the last 7 days, the Financials industry has remained flat. The past year has been better, since the industry has gained 25% in that time.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Fri, 03 Dec 2021NZ$2.4bNZ$777.3mNZ$197.2m66.2x
Sun, 31 Oct 2021NZ$2.5bNZ$764.9mNZ$187.6m22.9x
Tue, 28 Sep 2021NZ$2.5bNZ$764.9mNZ$187.6m22.7x
Thu, 26 Aug 2021NZ$2.5bNZ$764.9mNZ$187.6m23.7x
Fri, 02 Jul 2021NZ$2.4bNZ$764.9mNZ$187.6m24.3x
Mon, 05 Apr 2021NZ$2.3bNZ$736.6mNZ$166.3m23.6x
Thu, 07 Jan 2021NZ$2.1bNZ$703.2mNZ$146.1m20.7x
Wed, 30 Sep 2020NZ$1.7bNZ$682.8mNZ$137.4m15.6x
Sat, 04 Jul 2020NZ$1.6bNZ$661.7mNZ$131.4m13.4x
Tue, 07 Apr 2020NZ$1.3bNZ$661.0mNZ$143.5m10.3x
Fri, 10 Jan 2020NZ$2.0bNZ$655.7mNZ$150.7m15.2x
Thu, 03 Oct 2019NZ$1.7bNZ$619.8mNZ$130.9m13.1x
Sun, 07 Jul 2019NZ$1.7bNZ$588.7mNZ$114.2m15.6x
Wed, 10 Apr 2019NZ$1.5bNZ$572.9mNZ$107.9m14.4x
Tue, 01 Jan 2019NZ$1.5bNZ$557.7mNZ$89.9m15.6x
PE Ratio

11x

Total Market Cap: NZ$1.6bTotal Earnings: NZ$89.1mTotal Revenue: NZ$561.8m0%0%0%3 Year10 Year
201920202021

Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Financials industry have grown 30% per year over the last three years, and revenues for these companies have grown 11% 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 Financials sector?

Mortgage Finance7.84%
Insurance0%
Banks0%
Capital Markets-0.36%
Consumer Finance-5.20%

Industry PE: Investors are most optimistic about the Mortgage Finance industry even though it's trading below its 3-year average PE ratio of 149x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 24.4x.

Forecasted Growth: Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 15% over the next 5 years. However this is lower than its past earnings growth rate of 74% per year. Meanwhile, the Banks industry is expected to see its earnings grow by 7.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
HGH Heartland Group Holdings1.3%+NZ$17.7m46.5%PB1.8x
TWR Tower2.9%+NZ$8.4m6.0%PE16x
MLN Marlin Global0.7%+NZ$1.9m16.9%PE4.2x
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Latest News

TWR

NZ$0.71

Tower

7D

2.9%

1Y

6.0%