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New Zealand (NZX) Financials Sector Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies8
  • 7D0.7%
  • 3M-5.9%
  • 1Y10.5%
  • YTD-4.0%

In the last week, the Financials industry is flat overall, with Tower standing out by going down 5.2%. As for the the longer term, the industry is up 12% over the past 12 months. Looking forward, earnings are forecast to grow by 70% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025NZ$13.8bNZ$4.7b-NZ$294,114,442.0012.8x-46.9x2.9x
Thu, 19 Dec 2024NZ$14.2bNZ$4.7b-NZ$294,114,442.0012.1x-48.4x3x
Sat, 16 Nov 2024NZ$14.5bNZ$4.6b-NZ$330,052,839.0013.3x-43.8x3.1x
Mon, 14 Oct 2024NZ$14.5bNZ$4.2bNZ$1.0b14x14x3.4x
Wed, 11 Sep 2024NZ$14.1bNZ$4.2bNZ$1.0b13.4x13.7x3.3x
Fri, 09 Aug 2024NZ$12.7bNZ$4.3bNZ$1.0b12x12.1x3x
Sun, 07 Jul 2024NZ$2.3bNZ$1.1bNZ$190.1m10.6x12.1x2.1x
Tue, 04 Jun 2024NZ$2.4bNZ$1.0bNZ$191.3m10.8x12.4x2.3x
Thu, 02 May 2024NZ$2.4bNZ$964.7mNZ$158.1m12.7x15.2x2.5x
Sat, 30 Mar 2024NZ$2.2bNZ$964.7mNZ$158.1m10.9x13.7x2.2x
Mon, 26 Feb 2024NZ$2.1bNZ$978.2mNZ$169.2m12.9x12.5x2.2x
Wed, 24 Jan 2024NZ$3.8bNZ$1.3bNZ$184.4m18.9x20.8x3x
Fri, 22 Dec 2023NZ$3.9bNZ$1.3bNZ$184.4m18.9x21x3x
Sun, 19 Nov 2023NZ$4.0bNZ$1.3bNZ$191.3m19.5x21x3.2x
Tue, 17 Oct 2023NZ$4.1bNZ$1.3bNZ$191.3m18.6x21.2x3.2x
Thu, 14 Sep 2023NZ$4.1bNZ$1.3bNZ$191.3m21.2x21.4x3.2x
Sat, 12 Aug 2023NZ$3.9bNZ$1.2bNZ$168.5m27.4x23.2x3.2x
Mon, 10 Jul 2023NZ$4.0bNZ$1.2bNZ$168.5m27.6x23.6x3.2x
Wed, 07 Jun 2023NZ$3.8bNZ$1.2bNZ$168.6m26x22.7x3.1x
Fri, 05 May 2023NZ$3.7bNZ$1.2bNZ$177.4m13.4x21.1x3.2x
Sun, 02 Apr 2023NZ$3.7bNZ$1.2bNZ$177.6m13.2x20.6x3.1x
Tue, 28 Feb 2023NZ$1.9bNZ$762.5mNZ$133.8m13x14.2x2.5x
Thu, 26 Jan 2023NZ$2.0bNZ$758.5mNZ$134.4m13.4x14.9x2.6x
Sat, 24 Dec 2022NZ$2.0bNZ$758.5mNZ$134.4m13.3x14.6x2.6x
Mon, 21 Nov 2022NZ$1.9bNZ$739.3mNZ$127.8m13.1x15.1x2.6x
Wed, 19 Oct 2022NZ$1.8bNZ$739.3mNZ$127.8m12.4x14.4x2.5x
Fri, 16 Sep 2022NZ$2.0bNZ$739.3mNZ$127.8m13.5x15.5x2.7x
Sun, 14 Aug 2022NZ$2.2bNZ$769.4mNZ$169.4m17.4x12.9x2.8x
Tue, 12 Jul 2022NZ$2.1bNZ$769.3mNZ$169.4m15.7x12.3x2.7x
Thu, 09 Jun 2022NZ$2.2bNZ$769.3mNZ$169.0m16.2x12.8x2.8x
Sat, 07 May 2022NZ$2.3bNZ$759.1mNZ$177.7m14.5x12.8x3x
Mon, 04 Apr 2022NZ$2.4bNZ$759.1mNZ$177.7m14.5x13.3x3.1x
Wed, 02 Mar 2022NZ$2.3bNZ$785.4mNZ$199.9m15.3x11.6x3x
Fri, 28 Jan 2022NZ$2.5bNZ$778.6mNZ$197.6m16.9x12.6x3.2x
Price to Earnings Ratio

12.6x


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 12.2x202320242025
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 Market1.72%
Financials0.72%
Banks2.00%
Diversified Financial1.03%
Mortgage Finance0%0
Mortgage REITs0%0
Consumer Finance0%0
Capital Markets-1.68%
Insurance-5.22%
Industry PE
  • Investors are most optimistic about the Banks industry, which is trading close to its 3-year average PE ratio of 12.6x.
    • 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 5.4% 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$11.901.4%
+NZ$154.9m		13.9%PS3.2x
HGH Heartland Group HoldingsNZ$1.033.0%
+NZ$28.1m		-27.0%PB0.8x
MLN Marlin GlobalNZ$0.963.2%
+NZ$6.6m		0%PE5.7x
GEN General CapitalNZ$0.2630.1%
+NZ$5.4m		-20.3%PE7.7x
BAI Being AINZ$0.301.7%
+NZ$936.9k		n/aPS1.4x
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Latest News

HGH

NZ$1.03

Heartland Group Holdings

7D

3.0%

1Y

-27.0%

GEN

NZ$0.26

General Capital

7D

30.1%

1Y

-20.3%

Investors Give General Capital Limited (NZSE:GEN) Shares A 31% Hiding

Jan 13
Investors Give General Capital Limited (NZSE:GEN) Shares A 31% Hiding

MLN

NZ$0.96

Marlin Global

7D

3.2%

1Y

0%

TWR

NZ$1.26

Tower

7D

-4.5%

1Y

106.6%

SPY

NZ$0.53

Smartpay Holdings

7D

-7.0%

1Y

-67.2%

BAI

NZ$0.30

Being AI

7D

1.7%

1Y

n/a

IFT

NZ$11.90

Infratil

7D

1.4%

1Y

13.9%

NZX

NZ$1.46

NZX

7D

-2.7%

1Y

37.7%

RTO

NZ$0.18

RTO

7D

-5.7%

1Y

-37.9%