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New Zealand (NZX) Industrials Sector Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies16
  • 7D-0.6%
  • 3M-1.5%
  • 1Y11.6%
  • YTD9.7%

Over the last 7 days, the Industrials industry has remained flat, although notably Fletcher Building gained 7.3%. As for the the longer term, the industry is up 12% over the past 12 months.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Thu, 09 Dec 2021NZ$38.0bNZ$18.1bNZ$968.1m20.2x
Sat, 06 Nov 2021NZ$38.8bNZ$17.4bNZ$916.3m25.9x
Mon, 04 Oct 2021NZ$39.0bNZ$17.4bNZ$910.0m28.8x
Wed, 01 Sep 2021NZ$38.6bNZ$17.5bNZ$905.1m26.6x
Thu, 08 Jul 2021NZ$36.2bNZ$17.5bNZ$905.1m24.3x
Wed, 31 Mar 2021NZ$36.2bNZ$17.3bNZ$307.4m33.5x
Sat, 02 Jan 2021NZ$34.4bNZ$17.0b-NZ$347,281,408.0032.3x
Tue, 06 Oct 2020NZ$28.7bNZ$17.8b-NZ$276,046,408.0026.8x
Fri, 10 Jul 2020NZ$26.8bNZ$18.7b-NZ$153,087,408.0025.1x
Thu, 02 Apr 2020NZ$20.1bNZ$19.7bNZ$545.1m16.9x
Sun, 05 Jan 2020NZ$31.9bNZ$20.7bNZ$1.3b24.9x
Wed, 09 Oct 2019NZ$30.9bNZ$20.8bNZ$1.4b22.3x
Tue, 02 Jul 2019NZ$30.6bNZ$20.7bNZ$1.4b21.6x
Fri, 05 Apr 2019NZ$27.4bNZ$20.5bNZ$1.5b19.2x
Mon, 07 Jan 2019NZ$26.0bNZ$20.2bNZ$1.6b18x
PE Ratio

18x

Total Market Cap: NZ$26.0bTotal Earnings: NZ$1.6bTotal Revenue: NZ$20.2b0%0%0%3 Year10 Year
20202021

Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Industrials industry have declined 15% per year over the last three years, and revenues have also declined 3.5% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

Building1.72%
Airlines1.65%
Transportation1.42%
Machinery0.98%
Professional Services0%
Electrical0%
Infrastructure-0.62%
Logistics-2.19%

Industry PE: Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 28.9x. However analysts are expecting annual earnings growth of 4.1%, which is lower than the prior year's growth of 15% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Professional Services industry, which is trading below its 3-year average of 20.6x.

Forecasted Growth: Analysts are most optimistic on the Transportation industry, expecting annual earnings growth of 90% over the next 5 years. Meanwhile, the Infrastructure industry is expected to see its earnings grow by 4.1% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
FBU Fletcher Building7.3%+NZ$391.4m24.7%n/a
SCT Scott Technology11.2%+NZ$30.1m100.0%n/a
AIR Air New Zealand1.7%+NZ$28.1m-18.3%n/a
POT Port of Tauranga0.3%+NZ$13.6m-5.0%n/a
THL Tourism Holdings2.5%+NZ$10.6m12.1%n/a
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