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New Zealand (NZX) Insurance Industry Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies1
  • 7D-1.5%
  • 3M15.2%
  • 1Y111.5%
  • YTD111.5%

Over the last 7 days, the Insurance industry has dropped 2.2%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 108%. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024NZ$489.5mNZ$456.3mNZ$34.7m14.1x14.1x1.1x
Tue, 22 Oct 2024NZ$531.3mNZ$456.3mNZ$34.7m15.3x15.3x1.2x
Thu, 19 Sep 2024NZ$466.8mNZ$456.3mNZ$34.7m13.5x13.5x1x
Sat, 17 Aug 2024NZ$423.1mNZ$456.3mNZ$34.7m12.2x12.2x0.9x
Mon, 15 Jul 2024NZ$356.7mNZ$456.3mNZ$34.7m10.3x10.3x0.8x
Wed, 12 Jun 2024NZ$322.6mNZ$456.3mNZ$34.7m9.3x9.3x0.7x
Fri, 10 May 2024NZ$303.6mNZ$412.2mNZ$2.4m129.1x129.1x0.7x
Sun, 07 Apr 2024NZ$263.7mNZ$412.2mNZ$2.4m112.1x112.1x0.6x
Tue, 05 Mar 2024NZ$269.4mNZ$412.2mNZ$2.4m114.6x114.6x0.7x
Thu, 01 Feb 2024NZ$229.6mNZ$412.2mNZ$2.4m97.6x97.6x0.6x
Sat, 30 Dec 2023NZ$231.5mNZ$412.2mNZ$2.4m98.4x98.4x0.6x
Mon, 27 Nov 2023NZ$231.5mNZ$412.2mNZ$2.4m98.4x98.4x0.6x
Wed, 25 Oct 2023NZ$242.9mNZ$392.2mNZ$7.8m31x31x0.6x
Fri, 22 Sep 2023NZ$233.4mNZ$392.2mNZ$7.8m29.8x29.8x0.6x
Sun, 20 Aug 2023NZ$235.3mNZ$392.2mNZ$7.8m30.1x30.1x0.6x
Tue, 18 Jul 2023NZ$239.1mNZ$392.2mNZ$7.8m30.5x30.5x0.6x
Thu, 15 Jun 2023NZ$225.8mNZ$392.2mNZ$7.8m28.9x28.9x0.6x
Sat, 13 May 2023NZ$227.7mNZ$359.7mNZ$17.6m12.9x12.9x0.6x
Mon, 10 Apr 2023NZ$244.8mNZ$359.7mNZ$17.6m13.9x13.9x0.7x
Wed, 08 Mar 2023NZ$235.3mNZ$359.7mNZ$17.6m13.7x13.4x0.7x
Fri, 03 Feb 2023NZ$252.4mNZ$359.7mNZ$17.6m14.3x14.3x0.7x
Sun, 01 Jan 2023NZ$275.1mNZ$359.7mNZ$17.6m15.6x15.6x0.8x
Tue, 29 Nov 2022NZ$258.0mNZ$359.7mNZ$17.6m14.6x14.6x0.7x
Thu, 27 Oct 2022NZ$239.1mNZ$346.6mNZ$11.0m21.7x21.7x0.7x
Sat, 24 Sep 2022NZ$250.5mNZ$346.6mNZ$11.0m22.7x22.7x0.7x
Mon, 22 Aug 2022NZ$239.1mNZ$346.6mNZ$11.0m21.7x21.7x0.7x
Wed, 20 Jul 2022NZ$241.0mNZ$346.6mNZ$11.0m21.9x21.9x0.7x
Fri, 17 Jun 2022NZ$250.5mNZ$346.6mNZ$11.0m22.7x22.7x0.7x
Sun, 15 May 2022NZ$258.0mNZ$341.0mNZ$18.7m13.8x13.8x0.8x
Tue, 12 Apr 2022NZ$261.8mNZ$341.0mNZ$18.7m14x14x0.8x
Thu, 10 Mar 2022NZ$267.5mNZ$341.0mNZ$18.7m14.3x14.3x0.8x
Sat, 05 Feb 2022NZ$299.4mNZ$341.0mNZ$18.7mn/a16x0.9x
Mon, 03 Jan 2022NZ$307.8mNZ$341.0mNZ$18.7m16.5x16.5x0.9x
Wed, 01 Dec 2021NZ$290.9mNZ$341.0mNZ$18.7mn/a15.6x0.9x
Price to Earnings Ratio

15.6x


Total Market Cap: NZ$290.9mTotal Earnings: NZ$18.7mTotal Revenue: NZ$341.0mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Insurance Industry Price to Earnings3Y Average 34.2x202220232024
Current Industry PE
    There is only one company in the New Zealander Insurance 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 Insurance industry have grown 57% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market2.02%
Financials0.74%
Insurance-1.53%
Insurance Brokers0%
Life and Health Insurance0%
General Insurance0%
Reinsurance0%
Property and Casualty Insurance-1.53%
Industry PE
  • Investors are most optimistic about the Property and Casualty Insurance industry even though it's trading below its 3-year average PE ratio of 34.3x.
    • Analysts are expecting annual earnings growth of 20.0%, which is lower than the prior year's growth of 128.6% per year.
  • Investors are most pessimistic about the Property and Casualty Insurance industry, which is trading below its 3-year average of 34.3x.
Forecasted Growth
  • Analysts are most optimistic on the Property and Casualty Insurance industry, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 129% per year.
  • In contrast, the Property and Casualty Insurance industry is expected to see its earnings grow by 20% 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
No data available
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TWR

NZ$1.29

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