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New Zealand (NZX) Diversified Banks Industry Analysis

UpdatedJun 24, 2024
DataAggregated Company Financials
Companies1
  • 7D-1.0%
  • 3M-16.9%
  • 1Y-39.9%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 1.0%, driven by pullbacks from every company within the industry. However, the industry is down 43% over the past year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the New Zealand Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 24 Jun 2024NZ$912.0mNZ$248.7mNZ$84.8m10.8x10.8x3.7x
Wed, 22 May 2024NZ$949.2mNZ$248.7mNZ$84.8m11.2x11.2x3.8x
Fri, 19 Apr 2024NZ$902.5mNZ$248.7mNZ$84.8m10.6x10.6x3.6x
Sun, 17 Mar 2024NZ$879.8mNZ$248.7mNZ$84.8m10.4x10.4x3.5x
Tue, 13 Feb 2024NZ$872.6mNZ$262.1mNZ$95.9m9.1x9.1x3.3x
Thu, 11 Jan 2024NZ$1.0bNZ$262.1mNZ$95.9m10.8x10.8x4x
Sat, 09 Dec 2023NZ$1.2bNZ$262.1mNZ$95.9m12.3x12.3x4.5x
Mon, 06 Nov 2023NZ$1.2bNZ$262.1mNZ$95.9m12x12x4.4x
Wed, 04 Oct 2023NZ$1.2bNZ$262.1mNZ$95.9m12.9x12.9x4.7x
Fri, 01 Sep 2023NZ$1.3bNZ$262.1mNZ$95.9m13.3x13.3x4.8x
Sun, 30 Jul 2023NZ$1.3bNZ$264.1mNZ$96.3m13.3x13.3x4.9x
Tue, 27 Jun 2023NZ$1.2bNZ$264.1mNZ$96.3m12.2x12.2x4.4x
Thu, 25 May 2023NZ$1.1bNZ$264.1mNZ$96.3m11.6x11.6x4.2x
Sat, 22 Apr 2023NZ$1.1bNZ$264.1mNZ$96.3m11.6x11.9x4.4x
Mon, 20 Mar 2023NZ$1.1bNZ$264.1mNZ$96.3m11.7x11.7x4.3x
Wed, 15 Feb 2023NZ$1.3bNZ$253.8mNZ$95.1m13.4x13.4x5x
Fri, 13 Jan 2023NZ$1.3bNZ$253.8mNZ$95.1m13.4x13.4x5x
Sun, 11 Dec 2022NZ$1.3bNZ$253.8mNZ$95.1m13.6x13.6x5.1x
Tue, 08 Nov 2022NZ$1.2bNZ$253.8mNZ$95.1m12.9x12.7x4.8x
Thu, 06 Oct 2022NZ$1.2bNZ$253.8mNZ$95.1m12.6x12.6x4.7x
Sat, 03 Sep 2022NZ$1.2bNZ$253.8mNZ$95.1m12.6x12.6x4.7x
Mon, 01 Aug 2022NZ$1.2bNZ$237.6mNZ$90.5m13.6x13.6x5.2x
Wed, 29 Jun 2022NZ$1.2bNZ$237.6mNZ$90.5m13x13x4.9x
Fri, 27 May 2022NZ$1.3bNZ$237.6mNZ$90.5m14.1x14.1x5.4x
Sun, 24 Apr 2022NZ$1.4bNZ$237.6mNZ$90.5m15.4x15.4x5.9x
Tue, 22 Mar 2022NZ$1.4bNZ$237.6mNZ$90.5m15.1x15.1x5.7x
Thu, 17 Feb 2022NZ$1.4bNZ$236.2mNZ$87.0m16.1x16.1x5.9x
Sat, 15 Jan 2022NZ$1.5bNZ$236.2mNZ$87.0mn/a17.1x6.3x
Mon, 13 Dec 2021NZ$1.4bNZ$236.2mNZ$87.0m15.9x15.9x5.8x
Wed, 10 Nov 2021NZ$1.3bNZ$236.2mNZ$87.0mn/a15.3x5.6x
Fri, 08 Oct 2021NZ$1.4bNZ$236.2mNZ$87.0m15.5x15.5x5.7x
Sun, 05 Sep 2021NZ$1.4bNZ$236.2mNZ$87.0m15.6x15.6x5.8x
Tue, 03 Aug 2021NZ$1.2bNZ$236.2mNZ$87.0m13.9x13.9x5.1x
Price to Earnings Ratio

13.9x


Total Market Cap: NZ$1.2bTotal Earnings: NZ$87.0mTotal Revenue: NZ$236.2mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Diversified Banks Industry Price to Earnings3Y Average 13.1x202220232024
Current Industry PE
    There is only one company in the New Zealander Diversified Banks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Both revenue and earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does New Zealand Diversified Banks compare with similar industries?

NZ Market-1.63%
Financials-1.78%
Banks-1.01%
Diversified Banks-1.01%
Regional Banks0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
HGH Heartland Group HoldingsNZ$0.971.0%
+NZ$9.3m		-41.2%PB0.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

HGH

NZ$0.97

Heartland Group Holdings

7D

1.0%

1Y

-41.2%