Have your own idea? Try our Stock Screener
New Zealand (NZX) Industrials Sector Analysis
UpdatedMar 07, 2026
DataAggregated Company Financials
Companies17
- 7D-2.9%
- 3M1.7%
- 1Y8.3%
- YTD-0.4%
Over the last 7 days, the Industrials industry has dropped 1.7%, driven by a pullback from Auckland International Airport of 4.6%. In the past year, the industry has gained 8.4%. Earnings are forecast to grow by 14% annually.
Sector Valuation and Performance
Has the New Zealand Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 07 Mar 2026 | NZ$37.8b | NZ$24.5b | NZ$761.4m | 25.3x | 49.7x | 1.5x |
| Mon, 02 Feb 2026 | NZ$37.7b | NZ$24.3b | NZ$738.7m | 25.6x | 51.1x | 1.5x |
| Wed, 31 Dec 2025 | NZ$37.6b | NZ$24.3b | NZ$738.7m | 25.8x | 50.9x | 1.5x |
| Fri, 28 Nov 2025 | NZ$36.5b | NZ$24.3b | NZ$738.2m | 24.7x | 49.4x | 1.5x |
| Sun, 26 Oct 2025 | NZ$36.1b | NZ$24.3b | NZ$754.5m | 20.8x | 47.9x | 1.5x |
| Tue, 23 Sep 2025 | NZ$34.8b | NZ$24.3b | NZ$747.9m | 24.7x | 46.5x | 1.4x |
| Thu, 21 Aug 2025 | NZ$33.7b | NZ$24.1b | NZ$336.7m | 21.4x | 100.1x | 1.4x |
| Sat, 19 Jul 2025 | NZ$34.3b | NZ$24.5b | NZ$545.1m | 21.5x | 62.9x | 1.4x |
| Mon, 16 Jun 2025 | NZ$34.8b | NZ$24.5b | NZ$549.0m | 22.6x | 63.3x | 1.4x |
| Wed, 14 May 2025 | NZ$35.0b | NZ$24.2b | NZ$451.0m | 20.9x | 77.5x | 1.4x |
| Fri, 11 Apr 2025 | NZ$33.6b | NZ$24.2b | NZ$451.1m | 20.9x | 74.5x | 1.4x |
| Sun, 09 Mar 2025 | NZ$34.9b | NZ$24.2b | NZ$451.1m | 20.6x | 77.3x | 1.4x |
| Tue, 04 Feb 2025 | NZ$35.9b | NZ$24.4b | NZ$464.7m | 22.4x | 77.3x | 1.5x |
| Thu, 02 Jan 2025 | NZ$36.0b | NZ$24.4b | NZ$464.7m | 22.5x | 77.4x | 1.5x |
| Sat, 30 Nov 2024 | NZ$34.5b | NZ$24.4b | NZ$463.9m | 23.6x | 74.3x | 1.4x |
| Mon, 28 Oct 2024 | NZ$33.0b | NZ$24.2b | NZ$474.2m | 21.7x | 69.5x | 1.4x |
| Wed, 25 Sep 2024 | NZ$29.8b | NZ$24.2b | NZ$478.4m | 20.8x | 62.3x | 1.2x |
| Fri, 23 Aug 2024 | NZ$31.2b | NZ$24.2b | NZ$735.4m | 20.4x | 42.4x | 1.3x |
| Sun, 21 Jul 2024 | NZ$42.1b | NZ$28.0b | NZ$1.9b | 19.7x | 22.8x | 1.5x |
| Tue, 18 Jun 2024 | NZ$38.1b | NZ$28.0b | NZ$1.9b | 19.4x | 20.6x | 1.4x |
| Thu, 16 May 2024 | NZ$37.8b | NZ$27.4b | NZ$2.6b | 18.2x | 14.5x | 1.4x |
| Sat, 13 Apr 2024 | NZ$40.8b | NZ$27.4b | NZ$2.6b | 21.2x | 15.6x | 1.5x |
| Mon, 11 Mar 2024 | NZ$41.1b | NZ$27.4b | NZ$2.6b | 21x | 15.7x | 1.5x |
| Wed, 07 Feb 2024 | NZ$42.2b | NZ$26.8b | NZ$2.8b | 19x | 15x | 1.6x |
| Fri, 05 Jan 2024 | NZ$42.5b | NZ$26.8b | NZ$2.8b | 19.6x | 15.1x | 1.6x |
| Sun, 03 Dec 2023 | NZ$41.0b | NZ$26.7b | NZ$2.8b | 19.5x | 14.6x | 1.5x |
| Tue, 31 Oct 2023 | NZ$38.3b | NZ$26.9b | NZ$1.8b | 18.1x | 21.8x | 1.4x |
| Thu, 28 Sep 2023 | NZ$41.1b | NZ$26.8b | NZ$1.8b | 18x | 23.3x | 1.5x |
| Sat, 26 Aug 2023 | NZ$41.6b | NZ$24.9b | NZ$1.2b | 18.8x | 33.9x | 1.7x |
| Mon, 24 Jul 2023 | NZ$35.2b | NZ$23.0b | NZ$1.1b | 19.3x | 32.8x | 1.5x |
| Wed, 21 Jun 2023 | NZ$35.3b | NZ$23.0b | NZ$1.1b | 19.6x | 32.8x | 1.5x |
| Fri, 19 May 2023 | NZ$35.7b | NZ$23.3b | NZ$1.1b | 17.1x | 32.4x | 1.5x |
| Sun, 16 Apr 2023 | NZ$35.4b | NZ$23.3b | NZ$1.1b | 16.8x | 32.1x | 1.5x |
| Tue, 14 Mar 2023 | NZ$35.1b | NZ$23.3b | NZ$1.1b | 18.5x | 32x | 1.5x |
Price to Earnings Ratio
32x
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 49.9x which is higher than its 3-year average PE of 43.6x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have declined 12% 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 Market | -1.42% | |
| Industrials | -2.92% | |
| Industrials | 0% | 0 |
| Commercial Services | 0% | 0 |
| Logistics | -1.76% | |
| Building | -1.77% | |
| Infrastructure | -3.00% | |
| Professional Services | -3.52% | |
| Machinery | -4.17% | |
| Electrical | -4.44% | |
| Transportation | -6.62% | |
| Airlines | -8.11% | |
Industry PE
- Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 76.4x.
- Analysts are expecting annual earnings growth of 3.6%, which is lower than the prior year's growth of 67.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 62% over the next 5 years.
- In contrast, the Professional Services industry is expected to see its earnings decline by 88% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| POT Port of Tauranga | NZ$8.16 | 1.4% +NZ$74.8m | 24.8% | PE30.3x |