Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

New Zealand (NZX) Financials Sector Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies8
  • 7D4.4%
  • 3M2.9%
  • 1Y19.4%
  • YTD17.6%

Over the last 7 days, the Financials industry has risen 4.3%, driven by gains from Infratil of 5.3%. Meanwhile, Smartpay Holdings actually underperformed within the industry, shrinking 7.3% in the last week. In the last 12 months, the industry was up 19%. As for the next few years, earnings are expected to grow by 70% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024NZ$14.6bNZ$4.7b-NZ$294,114,442.0012.2x-49.5x3.1x
Tue, 19 Nov 2024NZ$14.3bNZ$4.6b-NZ$330,052,839.0013.5x-43.4x3.1x
Thu, 17 Oct 2024NZ$14.1bNZ$4.2bNZ$1.0b13.6x13.6x3.3x
Sat, 14 Sep 2024NZ$14.3bNZ$4.2bNZ$1.0b13.7x13.8x3.4x
Mon, 12 Aug 2024NZ$12.7bNZ$4.3bNZ$1.0b12x12.2x3x
Wed, 10 Jul 2024NZ$2.3bNZ$1.1bNZ$190.1m10.8x12.1x2.1x
Fri, 07 Jun 2024NZ$2.3bNZ$1.0bNZ$190.5m10.8x12.2x2.3x
Sun, 05 May 2024NZ$2.4bNZ$964.7mNZ$158.1m12.7x15.3x2.5x
Tue, 02 Apr 2024NZ$2.2bNZ$964.7mNZ$158.1m10.9x13.7x2.2x
Thu, 29 Feb 2024NZ$2.1bNZ$964.7mNZ$158.1m12.7x13x2.1x
Sat, 27 Jan 2024NZ$3.8bNZ$1.3bNZ$184.4m18.7x20.7x3x
Mon, 25 Dec 2023NZ$3.8bNZ$1.3bNZ$184.4m18.7x20.7x3x
Wed, 22 Nov 2023NZ$4.0bNZ$1.3bNZ$191.3m19.2x21x3.2x
Fri, 20 Oct 2023NZ$4.0bNZ$1.3bNZ$191.3m18.8x21x3.2x
Sun, 17 Sep 2023NZ$4.1bNZ$1.3bNZ$191.3m21.2x21.6x3.3x
Tue, 15 Aug 2023NZ$3.9bNZ$1.2bNZ$168.5m27.6x23.2x3.2x
Thu, 13 Jul 2023NZ$4.0bNZ$1.2bNZ$168.5m27.8x23.6x3.2x
Sat, 10 Jun 2023NZ$3.8bNZ$1.2bNZ$168.3m25.5x22.8x3.1x
Mon, 08 May 2023NZ$3.7bNZ$1.2bNZ$177.3m13.2x21x3.2x
Wed, 05 Apr 2023NZ$3.7bNZ$1.2bNZ$177.3m13.8x20.9x3.2x
Fri, 03 Mar 2023NZ$1.9bNZ$772.8mNZ$135.0m13x14.2x2.5x
Sun, 29 Jan 2023NZ$2.0bNZ$758.5mNZ$134.4m13.5x14.8x2.6x
Tue, 27 Dec 2022NZ$2.0bNZ$758.5mNZ$134.4m13.3x14.6x2.6x
Thu, 24 Nov 2022NZ$2.0bNZ$739.3mNZ$127.8m13.8x15.6x2.7x
Sat, 22 Oct 2022NZ$1.9bNZ$739.3mNZ$127.8m13x14.8x2.6x
Mon, 19 Sep 2022NZ$2.0bNZ$739.3mNZ$127.8m13.4x15.3x2.6x
Wed, 17 Aug 2022NZ$2.2bNZ$769.4mNZ$169.4m17x13x2.9x
Fri, 15 Jul 2022NZ$2.1bNZ$769.3mNZ$169.4m16.2x12.3x2.7x
Sun, 12 Jun 2022NZ$2.1bNZ$769.3mNZ$169.0m16.1x12.4x2.7x
Tue, 10 May 2022NZ$2.3bNZ$759.1mNZ$177.7m14.4x12.8x3x
Thu, 07 Apr 2022NZ$2.4bNZ$759.1mNZ$177.7m14.7x13.4x3.1x
Sat, 05 Mar 2022NZ$2.3bNZ$759.4mNZ$177.7m15.2x13.1x3.1x
Mon, 31 Jan 2022NZ$2.5bNZ$778.6mNZ$197.6m15.6x12.5x3.2x
Wed, 29 Dec 2021NZ$2.5bNZ$778.6mNZ$197.6m16.1x12.8x3.2x
Price to Earnings Ratio

12.8x


Total Market Cap: NZ$2.5bTotal Earnings: NZ$197.6mTotal Revenue: NZ$778.6mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Financials Sector Price to Earnings3Y Average 13.9x202220232024
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 2.9x.
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 82% 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 Market1.18%
Financials4.38%
Diversified Financial5.10%
Insurance0.75%
Capital Markets0.48%
Banks0%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Industry PE
  • Investors are most optimistic about the Banks industry, which is trading close to its 3-year average PE ratio of 12.7x.
    • Analysts are expecting annual earnings growth of 18.1%, which is higher than its past year's earnings decline of 22.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 79% over the next 5 years.
  • This is better than its past earnings growth rate of 4.2% per year.
  • In contrast, the Capital Markets industry is expected to see its earnings grow by 3.6% 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
IFT InfratilNZ$12.705.3%
+NZ$618.6m		26.7%PS3.4x
NZX NZXNZ$1.502.0%
+NZ$9.8m		40.2%PE22.4x
TWR TowerNZ$1.350.7%
+NZ$3.8m		121.3%PE7.2x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

GEN

NZ$0.25

General Capital

7D

-9.1%

1Y

-15.5%

SPY

NZ$0.64

Smartpay Holdings

7D

-7.3%

1Y

-59.0%

BAI

NZ$0.29

Being AI

7D

-1.7%

1Y

n/a

IFT

NZ$12.70

Infratil

7D

5.3%

1Y

26.7%

TWR

NZ$1.35

Tower

7D

0.7%

1Y

121.3%

MLN

NZ$0.91

Marlin Global

7D

-3.2%

1Y

-3.2%

NZX

NZ$1.50

NZX

7D

2.0%

1Y

40.2%

RTO

NZ$0.18

RTO

7D

-4.7%

1Y

-38.2%