Revenues Tell The Story For Infratil Limited (NZSE:IFT)
Sep 21
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New Zealand (NZX) Financials Sector Analysis
UpdatedSep 26, 2025
DataAggregated Company Financials
Companies8
- 7D3.8%
- 3M17.0%
- 1Y3.0%
- YTD3.2%
Over the last 7 days, the Financials industry has risen 3.8%, driven by gains in Tower and Heartland Group Holdings of -0.9% and 6.3%, respectively. This takes the industry's 12 month performance to a gain of 3.0%. Looking forward, earnings are forecast to grow by 52% annually.
Sector Valuation and Performance
Has the New Zealand Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Sep 2025 | NZ$15.0b | NZ$5.0b | -NZ$138,642,436.00 | 24.4x | -107.9x | 3x |
| Sun, 24 Aug 2025 | NZ$14.1b | NZ$5.0b | -NZ$138,642,436.00 | 21.8x | -101.6x | 2.8x |
| Tue, 22 Jul 2025 | NZ$13.6b | NZ$5.0b | -NZ$94,934,436.00 | 9.8x | -143x | 2.7x |
| Thu, 19 Jun 2025 | NZ$12.8b | NZ$5.0b | -NZ$94,737,639.00 | 8.9x | -135.3x | 2.6x |
| Sat, 17 May 2025 | NZ$13.5b | NZ$4.7b | -NZ$326,576,442.00 | 19.6x | -41.3x | 2.9x |
| Mon, 14 Apr 2025 | NZ$11.5b | NZ$4.7b | -NZ$326,576,442.00 | 16.9x | -35.1x | 2.4x |
| Wed, 12 Mar 2025 | NZ$12.2b | NZ$4.7b | -NZ$326,576,442.00 | 19.2x | -37.3x | 2.6x |
| Fri, 07 Feb 2025 | NZ$13.0b | NZ$4.7b | -NZ$294,114,442.00 | 14.1x | -44.2x | 2.7x |
| Sun, 05 Jan 2025 | NZ$14.3b | NZ$4.7b | -NZ$294,114,442.00 | 12.6x | -48.6x | 3x |
| Tue, 03 Dec 2024 | NZ$14.7b | NZ$4.7b | -NZ$294,114,442.00 | 12.1x | -50x | 3.1x |
| Thu, 31 Oct 2024 | NZ$14.9b | NZ$4.2b | NZ$1.0b | 14.2x | 14.4x | 3.5x |
| Sat, 28 Sep 2024 | NZ$14.4b | NZ$4.2b | NZ$1.0b | 14x | 14x | 3.4x |
| Mon, 26 Aug 2024 | NZ$13.2b | NZ$4.2b | NZ$1.0b | 12.3x | 12.7x | 3.1x |
| Wed, 24 Jul 2024 | NZ$2.4b | NZ$1.0b | NZ$188.4m | 11.5x | 12.7x | 2.4x |
| Fri, 21 Jun 2024 | NZ$2.3b | NZ$1.1b | NZ$189.4m | 10.8x | 12.2x | 2.2x |
| Sun, 19 May 2024 | NZ$2.3b | NZ$964.7m | NZ$158.1m | 12.9x | 14.7x | 2.4x |
| Tue, 16 Apr 2024 | NZ$2.2b | NZ$964.7m | NZ$158.1m | 11.4x | 14.2x | 2.3x |
| Thu, 14 Mar 2024 | NZ$2.1b | NZ$964.7m | NZ$158.1m | 10.8x | 13.4x | 2.2x |
| Sat, 10 Feb 2024 | NZ$2.1b | NZ$951.6m | NZ$147.6m | 12.9x | 14.5x | 2.3x |
| Mon, 08 Jan 2024 | NZ$3.9b | NZ$1.3b | NZ$184.4m | 18.7x | 21x | 3x |
| Wed, 06 Dec 2023 | NZ$3.9b | NZ$1.3b | NZ$184.4m | 18.5x | 21.3x | 3x |
| Fri, 03 Nov 2023 | NZ$3.9b | NZ$1.3b | NZ$191.3m | 18.6x | 20.4x | 3.1x |
| Sun, 01 Oct 2023 | NZ$4.1b | NZ$1.3b | NZ$191.3m | 19.1x | 21.5x | 3.3x |
| Tue, 29 Aug 2023 | NZ$4.1b | NZ$1.3b | NZ$191.7m | 21.8x | 21.3x | 3.2x |
| Thu, 27 Jul 2023 | NZ$4.0b | NZ$1.2b | NZ$168.5m | 27.4x | 24x | 3.3x |
| Sat, 24 Jun 2023 | NZ$3.8b | NZ$1.2b | NZ$168.5m | 25.8x | 22.7x | 3.1x |
| Mon, 22 May 2023 | NZ$3.7b | NZ$1.2b | NZ$177.4m | 13x | 21x | 3.2x |
| Wed, 19 Apr 2023 | NZ$3.7b | NZ$1.2b | NZ$177.8m | 13.7x | 21x | 3.2x |
| Fri, 17 Mar 2023 | NZ$1.8b | NZ$772.8m | NZ$135.0m | 11.6x | 13.2x | 2.3x |
| Sun, 12 Feb 2023 | NZ$2.0b | NZ$758.5m | NZ$134.4m | 13.5x | 14.7x | 2.6x |
| Tue, 10 Jan 2023 | NZ$2.0b | NZ$758.5m | NZ$134.4m | 13.4x | 14.7x | 2.6x |
| Thu, 08 Dec 2022 | NZ$2.0b | NZ$758.5m | NZ$134.4m | 13.6x | 14.7x | 2.6x |
| Sat, 05 Nov 2022 | NZ$1.9b | NZ$739.3m | NZ$127.8m | 12.7x | 14.6x | 2.5x |
| Mon, 03 Oct 2022 | NZ$1.8b | NZ$739.3m | NZ$127.8m | 12.3x | 14.4x | 2.5x |
Price to Earnings Ratio
14.4x
Current Industry PE
- Investors are relatively neutral on the New Zealander Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- Total earnings for the Financials industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 89% per year.
- This means that although more sales are being generated, 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 Financials sector?
| NZ Market | 0.45% | |
| Financials | 3.81% | |
| Diversified Financial | 4.38% | |
| Banks | 3.61% | |
| Mortgage Finance | 0% | 0 |
| Consumer Finance | 0% | 0 |
| Capital Markets | -0.37% | |
| Insurance | -2.27% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 17.5x.
- Analysts are expecting annual earnings growth of 13.6%, which is higher than its past year's earnings decline of 58.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 59% over the next 5 years.
- This is better than its past earnings growth rate of 6.6% per year.
- In contrast, the Insurance industry is expected to see its earnings decline by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TWR Tower | NZ$1.74 | -0.9% NZ$58.9m | 18.3% | PE7.5x | |
| HGH Heartland Group Holdings | NZ$1.02 | 6.3% +NZ$56.6m | 0.5% | PB0.8x | |
| MLN Marlin Global | NZ$0.96 | 2.8% +NZ$5.8m | 6.7% | PE648.9x | |
| SPY Smartpay Holdings | NZ$1.18 | 1.3% +NZ$3.6m | 18.0% | PS2.7x | |
| BAI Being AI | NZ$0.077 | 24.2% +NZ$2.6m | -89.2% | PS0.3x |