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New Zealand (NZX) Industrials Sector Analysis

UpdatedDec 06, 2022
DataAggregated Company Financials
Companies16
  • 7D0.3%
  • 3M0.3%
  • 1Y-15.4%
  • YTD-18.2%

In the last week, Industrials has been flat. As for the longer term, the industry has declined 15% in the last year. As for the next few years, earnings are expected to grow by 13% per annum.

Sector Valuation and Performance

Has the New Zealand Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Dec 2022NZ$35.0bNZ$20.7bNZ$763.6m17.9x45.8x1.7x
Thu, 03 Nov 2022NZ$34.7bNZ$19.9bNZ$677.4m21.8x51.2x1.7x
Sat, 01 Oct 2022NZ$32.7bNZ$19.9bNZ$673.8m21x48.6x1.6x
Mon, 29 Aug 2022NZ$35.3bNZ$19.9bNZ$673.8m22.2x52.3x1.8x
Wed, 27 Jul 2022NZ$32.7bNZ$19.2bNZ$1.0b20.7x31.6x1.7x
Fri, 24 Jun 2022NZ$32.2bNZ$19.2bNZ$1.0b20.6x31x1.7x
Sun, 22 May 2022NZ$34.2bNZ$18.2bNZ$931.0m23.3x36.8x1.9x
Tue, 19 Apr 2022NZ$34.9bNZ$18.2bNZ$931.0m25.1x37.5x1.9x
Thu, 17 Mar 2022NZ$34.2bNZ$18.1bNZ$931.1m24.5x36.7x1.9x
Sat, 12 Feb 2022NZ$36.6bNZ$18.1bNZ$967.9m19.3x37.8x2x
Mon, 10 Jan 2022NZ$38.5bNZ$18.1bNZ$968.1m29.6x39.8x2.1x
Wed, 08 Dec 2021NZ$38.0bNZ$18.1bNZ$968.1m20.2x39.3x2.1x
Fri, 05 Nov 2021NZ$38.1bNZ$17.4bNZ$916.3m25.9x41.6x2.2x
Sun, 03 Oct 2021NZ$39.0bNZ$17.4bNZ$910.0m28.8x42.9x2.2x
Tue, 31 Aug 2021NZ$38.2bNZ$17.5bNZ$905.1m26.5x42.2x2.2x
Wed, 07 Jul 2021NZ$36.2bNZ$17.5bNZ$905.1m24.3x40x2.1x
Sat, 10 Apr 2021NZ$36.2bNZ$17.3bNZ$307.4m33.5x117.7x2.1x
Fri, 01 Jan 2021NZ$34.4bNZ$17.0b-NZ$347,281,408.0032.3x-99.1x2x
Mon, 05 Oct 2020NZ$28.7bNZ$17.8b-NZ$276,046,408.0026.8x-104.1x1.6x
Thu, 09 Jul 2020NZ$26.8bNZ$18.7b-NZ$153,087,408.0025.1x-175.1x1.4x
Wed, 01 Apr 2020NZ$20.1bNZ$19.7bNZ$545.1m16.9x36.9x1x
Sat, 04 Jan 2020NZ$31.9bNZ$20.7bNZ$1.3b24.9x24.7x1.5x
Price to Earnings Ratio

24.7x


Total Market Cap: NZ$31.9bTotal Earnings: NZ$1.3bTotal Revenue: NZ$20.7bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Industrials Sector Price to Earnings3Y Average 2.3x20212022
Current Industry PE
  • Investors are optimistic on the New Zealander Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 45.8x which is higher than its 3-year average PE of 2.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 16% 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 Trends

Which industries have driven the changes within the New Zealand Industrials sector?

NZ Market2.08%
Industrials0.32%
Transportation3.35%
Professional Services2.34%
Airlines0.65%
Infrastructure0.58%
Machinery0.31%
Logistics0.025%
Aerospace & Defense0%
Construction0%
Electrical0%
Industrials0%
Trade Distributors0%
Commercial Services0%
Marine and Shipping0%
Building-0.92%
Industry PE
  • Investors are most optimistic about the Infrastructure industry which is trading above its 3-year average PE ratio of 40.0x.
    • Analysts are expecting annual earnings growth of 13.8%, which is higher than its past year's earnings decline of 8.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Transportation industry, expecting annual earnings growth of 60% over the next 5 years.
  • In contrast, the Building industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
THL Tourism HoldingsNZ$3.63-1.6%
NZ$200.0m
26.0%PS2.2x
FBU Fletcher BuildingNZ$5.041.8%
+NZ$70.0m
-29.8%PE9.1x
SCT Scott TechnologyNZ$2.701.9%
+NZ$4.0m
-28.2%PE17.2x
AGL Accordant GroupNZ$1.792.3%
+NZ$1.4m
-3.2%PE17x
SPN South Port New ZealandNZ$8.160.1%
+NZ$262.3k
-8.3%PE16.7x
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MPG

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NZ$70.60

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-1.3%

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NPH

NZ$2.74

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-4.9%

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FBU

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FRE

NZ$9.90

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THL

NZ$3.63

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26.0%

SKL

NZ$5.55

Skellerup Holdings

7D

-0.7%

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SPN

NZ$8.16

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0.1%

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POT

NZ$6.27

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7D

-1.1%

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SCT

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MOV

NZ$0.92

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7D

-8.0%

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