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New Zealand (NZX) Industrials Sector Analysis

UpdatedSep 28, 2023
DataAggregated Company Financials
  • 7D-0.3%
  • 3M-5.7%
  • 1Y0.5%
  • YTD-0.5%

In the last week, Industrials has been flat. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Sep 2023NZ$41.1bNZ$26.8bNZ$1.8b18x23.3x1.5x
Sat, 26 Aug 2023NZ$41.6bNZ$24.9bNZ$1.2b18.8x33.9x1.7x
Mon, 24 Jul 2023NZ$35.2bNZ$23.0bNZ$1.1b19.3x32.8x1.5x
Wed, 21 Jun 2023NZ$35.3bNZ$23.0bNZ$1.1b19.6x32.8x1.5x
Fri, 19 May 2023NZ$35.7bNZ$23.3bNZ$1.1b17.1x32.4x1.5x
Sun, 16 Apr 2023NZ$35.4bNZ$23.3bNZ$1.1b16.8x32.1x1.5x
Tue, 14 Mar 2023NZ$35.1bNZ$23.3bNZ$1.1b18.5x32x1.5x
Thu, 09 Feb 2023NZ$36.4bNZ$20.7bNZ$763.6m17.7x47.7x1.8x
Sat, 07 Jan 2023NZ$34.1bNZ$20.7bNZ$763.6m17x44.6x1.6x
Mon, 05 Dec 2022NZ$35.0bNZ$20.7bNZ$763.6m17.9x45.8x1.7x
Wed, 02 Nov 2022NZ$34.6bNZ$19.9bNZ$677.4m21.3x51.1x1.7x
Fri, 30 Sep 2022NZ$33.3bNZ$19.9bNZ$673.8m21.3x49.4x1.7x
Sun, 28 Aug 2022NZ$35.3bNZ$19.9bNZ$674.7m22.6x52.3x1.8x
Tue, 26 Jul 2022NZ$32.8bNZ$19.2bNZ$1.0b20.9x31.7x1.7x
Thu, 23 Jun 2022NZ$31.9bNZ$19.2bNZ$1.0b20.8x30.8x1.7x
Sat, 21 May 2022NZ$34.2bNZ$18.2bNZ$931.0m23.3x36.8x1.9x
Mon, 18 Apr 2022NZ$34.9bNZ$18.2bNZ$931.0m25.1x37.5x1.9x
Wed, 16 Mar 2022NZ$34.3bNZ$18.1bNZ$931.1m24.1x36.8x1.9x
Fri, 11 Feb 2022NZ$36.8bNZ$18.1bNZ$967.9m18x38x2x
Sun, 09 Jan 2022NZ$38.5bNZ$18.1bNZ$968.1m29.6x39.8x2.1x
Tue, 07 Dec 2021NZ$38.0bNZ$18.1bNZ$968.1m20.2x39.3x2.1x
Thu, 04 Nov 2021NZ$38.2bNZ$17.4bNZ$916.3m25.5x41.7x2.2x
Sat, 02 Oct 2021NZ$39.0bNZ$17.4bNZ$910.0m28.8x42.9x2.2x
Mon, 30 Aug 2021NZ$37.9bNZ$17.5bNZ$905.1m26.6x41.8x2.2x
Tue, 06 Jul 2021NZ$36.2bNZ$17.5bNZ$905.1m24.3x40x2.1x
Fri, 09 Apr 2021NZ$36.2bNZ$17.3bNZ$307.4m33.5x117.7x2.1x
Thu, 31 Dec 2020NZ$34.4bNZ$17.0b-NZ$347,281,408.0032.3x-99.1x2x
Sun, 04 Oct 2020NZ$28.7bNZ$17.8b-NZ$276,046,408.0026.8x-104.1x1.6x
Price to Earnings Ratio


Total Market Cap: NZ$28.7bTotal Earnings: -NZ$276,046,408.00Total Revenue: NZ$17.8bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Industrials Sector Price to Earnings3Y Average 21x202120222023
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 23.3x which is higher than its 3-year average PE of 21.0x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • Total earnings for the Industrials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 15% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

NZ Market-0.57%
Aerospace & Defense0%
Trade Distributors0%
Marine and Shipping0%
Professional Services-0.032%
Commercial Services-1.52%
Industry PE
  • Investors are most optimistic about the Infrastructure industry which is trading above its 3-year average PE ratio of 48.6x.
    • Analysts are expecting annual earnings growth of 21.4%, which is higher than its past year's earnings decline of 16.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Airlines 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
POT Port of TaurangaNZ$5.860.3%
WCO WasteCo GroupNZ$0.0681.5%
AGL Accordant GroupNZ$1.201.7%
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