BLIS Technologies (NZSE:BLT) Is In A Strong Position To Grow Its Business
Dec 05
New Zealand (NZX) Pharma Industry Analysis
UpdatedMar 27, 2023
DataAggregated Company Financials
Companies5
- 7D-1.4%
- 3M-2.8%
- 1Y-13.0%
- YTD-5.8%
Over the last 7 days, the Pharma industry has dropped 1.4%, driven by a pullback from AFT Pharmaceuticals of 2.8%. On the other hand Rua Bioscience is actually up 10%. Overall the industry is down 13% in 12 months. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the New Zealand Pharma Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Mar 2023 | NZ$481.6m | NZ$150.7m | NZ$1.1m | 21.2x | 440.4x | 3.2x |
| Wed, 22 Feb 2023 | NZ$497.7m | NZ$153.3m | NZ$1.2m | 21.8x | 411.7x | 3.2x |
| Fri, 20 Jan 2023 | NZ$522.1m | NZ$153.3m | NZ$1.2m | 23.4x | 431.9x | 3.4x |
| Sun, 18 Dec 2022 | NZ$502.4m | NZ$153.3m | NZ$1.2m | 22.3x | 415.6x | 3.3x |
| Tue, 15 Nov 2022 | NZ$505.8m | NZ$143.0m | NZ$3.9m | 19.3x | 130x | 3.5x |
| Thu, 13 Oct 2022 | NZ$490.8m | NZ$143.0m | NZ$3.9m | 17.9x | 126.1x | 3.4x |
| Sat, 10 Sep 2022 | NZ$512.6m | NZ$142.3m | NZ$8.0m | 18.5x | 64.3x | 3.6x |
| Mon, 08 Aug 2022 | NZ$537.9m | NZ$141.0m | NZ$9.7m | 19.1x | 55.4x | 3.8x |
| Wed, 06 Jul 2022 | NZ$525.7m | NZ$141.0m | NZ$9.7m | 18.8x | 54.1x | 3.7x |
| Fri, 03 Jun 2022 | NZ$594.1m | NZ$140.7m | NZ$10.1m | 22.4x | 58.7x | 4.2x |
| Sun, 01 May 2022 | NZ$543.3m | NZ$130.2m | NZ$920.3k | 35.4x | 590.3x | 4.2x |
| Tue, 29 Mar 2022 | NZ$540.4m | NZ$130.2m | NZ$2.2m | 34.8x | 248.2x | 4.2x |
| Thu, 24 Feb 2022 | NZ$592.5m | NZ$129.0m | -NZ$95,598.00 | n/a | -6197.9x | 4.6x |
| Sat, 22 Jan 2022 | NZ$647.6m | NZ$129.0m | -NZ$95,598.00 | n/a | -6774.2x | 5x |
| Mon, 20 Dec 2021 | NZ$636.2m | NZ$129.0m | -NZ$95,598.00 | 41.3x | -6655x | 4.9x |
| Wed, 17 Nov 2021 | NZ$701.5m | NZ$124.1m | -NZ$281,598.00 | n/a | -2491.1x | 5.7x |
| Fri, 15 Oct 2021 | NZ$617.7m | NZ$124.1m | -NZ$281,598.00 | 96.4x | -2193.7x | 5x |
| Sun, 12 Sep 2021 | NZ$645.5m | NZ$124.1m | -NZ$281,598.00 | 103x | -2292.2x | 5.2x |
| Tue, 10 Aug 2021 | NZ$666.3m | NZ$124.7m | -NZ$281,598.00 | 108.4x | -2366.2x | 5.3x |
| Mon, 03 May 2021 | NZ$664.2m | NZ$124.7m | NZ$307.1k | 91.1x | 2162.7x | 5.3x |
| Thu, 04 Feb 2021 | NZ$770.9m | NZ$122.2m | -NZ$823,103.00 | 86.9x | -936.5x | 6.3x |
| Sun, 08 Nov 2020 | NZ$786.4m | NZ$119.7m | -NZ$1,636,586.00 | 111.7x | -480.5x | 6.6x |
| Sat, 01 Aug 2020 | NZ$628.9m | NZ$117.8m | NZ$6.3m | 57.1x | 100.1x | 5.3x |
| Tue, 05 May 2020 | NZ$549.1m | NZ$116.5m | NZ$10.8m | 45.4x | 50.8x | 4.7x |
Price to Earnings Ratio
42.7x
Current Industry PE
- Investors are optimistic on the New Zealander Pharmaceuticals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 440x which is higher than its 3-year average PE of -724x.
- The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Pharmaceuticals industry have declined 53% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.0% 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 Healthcare industry?
| NZ Market | -1.14% | |
| Healthcare | 0.96% | |
| Pharma | -1.42% | |
| Pharma | -1.42% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RUA Rua Bioscience | NZ$0.20 | 10.5% +NZ$3.0m | -51.2% | PS60.1x | |
| CBD Cannasouth | NZ$0.29 | 5.4% +NZ$2.2m | -4.8% | PS310.3x | |
| GFI Greenfern Industries | NZ$0.092 | 1.1% +NZ$109.9k | -42.5% | n/a |