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New Zealand (NZX) Airlines Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies1
  • 7D3.3%
  • 3M6.8%
  • 1Y17.9%
  • YTD5.9%

All of the companies in the Airlines industry have been up over the last week, with the industry up 3.3%. This means that the industry has gained 18% over the past year. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

Has the New Zealand Airlines Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Nov 2025NZ$2.0bNZ$6.8bNZ$126.0m15.9x16.1x0.3x
Tue, 14 Oct 2025NZ$2.0bNZ$6.8bNZ$126.0m15.6x15.6x0.3x
Thu, 11 Sep 2025NZ$2.0bNZ$6.8bNZ$126.0m15.8x15.8x0.3x
Sat, 09 Aug 2025NZ$1.9bNZ$6.7bNZ$123.0m15.6x15.6x0.3x
Mon, 07 Jul 2025NZ$1.9bNZ$6.7bNZ$123.0m15.6x15.6x0.3x
Wed, 04 Jun 2025NZ$2.0bNZ$6.7bNZ$123.0m15.9x15.9x0.3x
Fri, 02 May 2025NZ$1.9bNZ$6.7bNZ$123.0m15.8x15.8x0.3x
Sun, 30 Mar 2025NZ$2.1bNZ$6.7bNZ$123.0m17.2x17.2x0.3x
Tue, 25 Feb 2025NZ$2.0bNZ$6.7bNZ$123.0m16.6x16.6x0.3x
Thu, 23 Jan 2025NZ$2.1bNZ$6.8bNZ$146.0m14x14.1x0.3x
Sat, 21 Dec 2024NZ$1.9bNZ$6.8bNZ$146.0m13.3x13x0.3x
Mon, 18 Nov 2024NZ$1.8bNZ$6.8bNZ$146.0m12.2x12.2x0.3x
Wed, 16 Oct 2024NZ$1.8bNZ$6.8bNZ$146.0m12.3x12.3x0.3x
Fri, 13 Sep 2024NZ$1.8bNZ$6.8bNZ$146.0m12.6x12.6x0.3x
Sun, 11 Aug 2024NZ$1.9bNZ$6.7bNZ$328.0m5.6x5.6x0.3x
Tue, 09 Jul 2024NZ$1.8bNZ$6.7bNZ$328.0m5.4x5.4x0.3x
Thu, 06 Jun 2024NZ$1.8bNZ$6.7bNZ$328.0m5.4x5.4x0.3x
Sat, 04 May 2024NZ$1.8bNZ$6.7bNZ$328.0m5.5x5.5x0.3x
Mon, 01 Apr 2024NZ$2.0bNZ$6.7bNZ$328.0m6.2x6.2x0.3x
Wed, 28 Feb 2024NZ$2.0bNZ$6.7bNZ$328.0m6.1x6.1x0.3x
Fri, 26 Jan 2024NZ$2.2bNZ$6.3bNZ$412.0m5.3x5.3x0.3x
Sun, 24 Dec 2023NZ$2.1bNZ$6.3bNZ$412.0m5.2x5.2x0.3x
Tue, 21 Nov 2023NZ$2.3bNZ$6.3bNZ$412.0m5.5x5.5x0.4x
Thu, 19 Oct 2023NZ$2.3bNZ$6.3bNZ$412.0m5.6x5.6x0.4x
Sat, 16 Sep 2023NZ$2.5bNZ$6.3bNZ$412.0m6.1x6.1x0.4x
Mon, 14 Aug 2023NZ$2.6bNZ$4.7b-NZ$106,000,000.00n/a-24.8x0.6x
Wed, 12 Jul 2023NZ$2.7bNZ$4.7b-NZ$106,000,000.00n/a-25.1x0.6x
Fri, 09 Jun 2023NZ$2.6bNZ$4.7b-NZ$106,000,000.00n/a-24.8x0.6x
Sun, 07 May 2023NZ$2.6bNZ$4.7b-NZ$106,000,000.00n/a-24.2x0.5x
Tue, 04 Apr 2023NZ$2.6bNZ$4.7b-NZ$106,000,000.00n/a-24.8x0.6x
Thu, 02 Mar 2023NZ$2.7bNZ$4.7b-NZ$106,000,000.00n/a-25.1x0.6x
Sat, 28 Jan 2023NZ$2.7bNZ$2.7b-NZ$591,000,000.00n/a-4.6x1x
Mon, 26 Dec 2022NZ$2.6bNZ$2.7b-NZ$591,000,000.00n/a-4.4x0.9x
Wed, 23 Nov 2022NZ$2.7bNZ$2.7b-NZ$591,000,000.00n/a-4.5x1x
Price to Earnings Ratio

-4.5x


Total Market Cap: NZ$2.7bTotal Earnings: -NZ$591,000,000.00Total Revenue: NZ$2.7bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Airlines Industry Price to Earnings3Y Average 3.4x202320242025
Current Industry PE
    There is only one company in the New Zealander Airlines industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 35% 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 industry?

NZ Market-0.70%
Industrials1.14%
Airlines3.31%
Airlines3.31%
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?

CompanyLast Price7D1YValuation
AIR Air New ZealandNZ$0.633.3%
+NZ$65.0m		17.9%PE16.1x

Latest News

AIR
NZ$0.63
Air New Zealand
7D
3.3%
1Y
17.9%

AIR: Cost Controls And Sector Demand Will Shape Recovery Amid Headwinds

Analysts have adjusted Air New Zealand’s fair value estimate downward from $0.67 to $0.66. This change is attributed to slightly lower projected revenue growth and profit margins, as well as a modest reduction in discount rate assumptions.