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New Zealand (NZX) Diversified Financial Industry Analysis

UpdatedNov 07, 2024
DataAggregated Company Financials
Companies4
  • 7D0.06%
  • 3M19.8%
  • 1Y23.3%
  • YTD24.5%

Over the last 7 days, the Diversified Financial industry has dropped 1.0%, driven by pullbacks from every company within the industry. In the past year, the industry has gained 21%. Looking forward, earnings are forecast to decline by 37% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 07 Nov 2024NZ$12.7bNZ$3.3bNZ$865.4m14.6x14.6x3.8x
Sat, 05 Oct 2024NZ$12.1bNZ$3.3bNZ$865.4m13.8x14x3.6x
Mon, 02 Sep 2024NZ$11.0bNZ$3.3bNZ$865.4m12.5x12.7x3.3x
Wed, 31 Jul 2024NZ$326.6mNZ$105.5mNZ$11.0m23.3x29.6x3.1x
Fri, 28 Jun 2024NZ$349.8mNZ$105.5mNZ$11.0m24.4x31.7x3.3x
Sun, 26 May 2024NZ$343.8mNZ$97.2mNZ$9.9m25.9x34.8x3.5x
Tue, 23 Apr 2024NZ$366.1mNZ$97.2mNZ$9.9m26.9x37x3.8x
Thu, 21 Mar 2024NZ$364.9mNZ$97.2mNZ$9.9m26.4x36.9x3.8x
Sat, 17 Feb 2024NZ$389.2mNZ$97.2mNZ$9.9m29x39.4x4x
Mon, 15 Jan 2024NZ$2.0bNZ$435.7mNZ$46.6m43.8x43x4.6x
Wed, 13 Dec 2023NZ$2.0bNZ$435.7mNZ$46.6m41.9x42.2x4.5x
Fri, 10 Nov 2023NZ$1.9bNZ$424.2mNZ$47.2m38x41.2x4.6x
Sun, 08 Oct 2023NZ$2.0bNZ$430.0mNZ$47.2m43.8x43.1x4.7x
Tue, 05 Sep 2023NZ$2.0bNZ$430.0mNZ$47.2m43.8x43x4.7x
Thu, 03 Aug 2023NZ$2.0bNZ$430.0mNZ$47.2m43.8x43.3x4.8x
Sat, 01 Jul 2023NZ$2.1bNZ$430.0mNZ$47.2m43.8x43.9x4.8x
Mon, 29 May 2023NZ$2.0bNZ$411.7mNZ$44.5m43.8x44.8x4.8x
Wed, 26 Apr 2023NZ$1.9bNZ$418.9mNZ$45.3m42.6x42.9x4.6x
Fri, 24 Mar 2023NZ$1.9bNZ$411.8mNZ$44.5m43.5x43x4.6x
Price to Earnings Ratio

43x


Total Market Cap: NZ$1.9bTotal Earnings: NZ$44.5mTotal Revenue: NZ$411.8mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Diversified Financial Industry Price to Earnings3Y Average 35.8xAprilJulyOctober2024AprilJulyOctober
Current Industry PE
  • Investors are pessimistic on the New Zealander Diversified Financial industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 14.4x which is lower than its 3-year average PE of 36.0x.
  • The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Diversified Financial industry have grown 654% per year over the last three years.
  • Revenues for these companies have grown 578% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the New Zealand Financials industry?

NZ Market-0.64%
Financials-0.10%
Diversified Financial0.057%
Transaction and Payment Processing Services9.85%
Other Diversified Financial Services0%
Specialized Finance0%
Multi-Sector Holdings-0.078%
Industry PE
  • Investors are most optimistic about the Transaction and Payment Processing Services industry even though it's trading below its 3-year average PE ratio of 41.3x.
    • Analysts are expecting annual earnings growth of 19.9%, which is higher than its past year's earnings decline of 0.6% per year.
  • Investors are most pessimistic about the Multi-Sector Holdings industry, which is trading close to its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 0.6% per year.
  • In contrast, the Multi-Sector Holdings industry is expected to see its earnings decline by 38% 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$12.630.2%
+NZ$24.2m		22.5%PE14.3x
SPY Smartpay HoldingsNZ$0.703.7%
+NZ$6.0m		-47.8%PE20.3x
GEN General CapitalNZ$0.285.7%
+NZ$1.4m		-17.6%PE9.7x
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