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New Zealand (NZX) Diversified Banks Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies1
  • 7D2.1%
  • 3M-12.4%
  • 1Y-40.7%
  • YTDn/a

All of the companies in the Diversified Banks industry have been up over the last week, with the industry up 1.0%. However, the industry is down 41% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NZ$918.7mNZ$243.9mNZ$74.5m12.4x12.3x3.8x
Sat, 19 Oct 2024NZ$984.3mNZ$243.9mNZ$74.5m13.2x13.2x4x
Mon, 16 Sep 2024NZ$986.4mNZ$243.9mNZ$74.5m13.2x13.2x4x
Wed, 14 Aug 2024NZ$986.4mNZ$248.7mNZ$84.8m11.6x11.6x4x
Fri, 12 Jul 2024NZ$912.0mNZ$248.7mNZ$84.8m10.8x10.8x3.7x
Sun, 09 Jun 2024NZ$912.0mNZ$248.7mNZ$84.8m10.8x10.8x3.7x
Tue, 07 May 2024NZ$939.9mNZ$248.7mNZ$84.8m11.1x11.1x3.8x
Thu, 04 Apr 2024NZ$856.2mNZ$248.7mNZ$84.8m10.1x10.1x3.4x
Sat, 02 Mar 2024NZ$879.8mNZ$248.7mNZ$84.8m10.2x10.4x3.5x
Mon, 29 Jan 2024NZ$987.1mNZ$262.1mNZ$95.9m10.3x10.3x3.8x
Wed, 27 Dec 2023NZ$1.0bNZ$262.1mNZ$95.9m10.5x10.5x3.8x
Fri, 24 Nov 2023NZ$1.2bNZ$262.1mNZ$95.9m12.5x12.5x4.6x
Sun, 22 Oct 2023NZ$1.2bNZ$262.1mNZ$95.9m12.3x12.3x4.5x
Tue, 19 Sep 2023NZ$1.3bNZ$262.1mNZ$95.9m13.2x13.2x4.8x
Thu, 17 Aug 2023NZ$1.2bNZ$264.1mNZ$96.3m12.9x12.9x4.7x
Sat, 15 Jul 2023NZ$1.3bNZ$264.1mNZ$96.3m13.3x13.3x4.9x
Mon, 12 Jun 2023NZ$1.2bNZ$264.1mNZ$96.3m12.1x12.1x4.4x
Wed, 10 May 2023NZ$1.1bNZ$264.1mNZ$96.3m11.6x11.6x4.2x
Fri, 07 Apr 2023NZ$1.1bNZ$264.1mNZ$96.3m11.3x11.3x4.1x
Sun, 05 Mar 2023NZ$1.3bNZ$264.1mNZ$96.3m13.1x13.1x4.8x
Tue, 31 Jan 2023NZ$1.3bNZ$253.8mNZ$95.1m13.5x13.5x5.1x
Thu, 29 Dec 2022NZ$1.3bNZ$253.8mNZ$95.1m13.3x13.3x5x
Sat, 26 Nov 2022NZ$1.3bNZ$253.8mNZ$95.1m13.6x13.6x5.1x
Mon, 24 Oct 2022NZ$1.2bNZ$253.8mNZ$95.1m13x13x4.9x
Wed, 21 Sep 2022NZ$1.3bNZ$253.8mNZ$95.1m13.3x13.3x5x
Fri, 19 Aug 2022NZ$1.3bNZ$237.6mNZ$90.5m13.8x13.8x5.3x
Sun, 17 Jul 2022NZ$1.2bNZ$237.6mNZ$90.5m13.2x13.2x5x
Tue, 14 Jun 2022NZ$1.1bNZ$237.6mNZ$90.5m12.2x12.2x4.6x
Thu, 12 May 2022NZ$1.3bNZ$237.6mNZ$90.5m14.6x14.6x5.5x
Sat, 09 Apr 2022NZ$1.4bNZ$237.6mNZ$90.5m15.5x15.5x5.9x
Mon, 07 Mar 2022NZ$1.3bNZ$237.6mNZ$90.5m14.7x14.7x5.6x
Wed, 02 Feb 2022NZ$1.4bNZ$236.2mNZ$87.0mn/a16x5.9x
Fri, 31 Dec 2021NZ$1.4bNZ$236.2mNZ$87.0mn/a16.6x6.1x
Sun, 28 Nov 2021NZ$1.3bNZ$236.2mNZ$87.0m15.4x15.4x5.7x
Price to Earnings Ratio

15.4x


Total Market Cap: NZ$1.3bTotal 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 12.8x202220232024
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
  • The earnings for companies in the Diversified Banks industry have declined 5.0% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does New Zealand Diversified Banks compare with similar industries?

NZ Market0.13%
Financials-0.30%
Banks2.06%
Diversified Banks2.06%
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$0.991.0%
+NZ$9.4m		-40.7%PB0.7x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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HGH

NZ$0.99

Heartland Group Holdings

7D

1.0%

1Y

-40.7%