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New Zealand (NZX) Infrastructure Industry Analysis

UpdatedMar 27, 2023
DataAggregated Company Financials
Companies5
  • 7D-0.2%
  • 3M5.3%
  • 1Y7.7%
  • YTD6.8%

In the last week, the Infrastructure industry is flat overall, with Napier Port Holdings standing out by going down 4.4%. The past year has been better, since the industry has gained 7.7% in that time. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Mar 2023NZ$18.2bNZ$1.0bNZ$250.9m24.9x72.6x17.7x
Wed, 22 Feb 2023NZ$17.8bNZ$839.9mNZ$348.6m26.3x51.1x21.2x
Fri, 20 Jan 2023NZ$17.7bNZ$838.3mNZ$349.3m28.2x50.5x21.1x
Sun, 18 Dec 2022NZ$17.3bNZ$838.3mNZ$349.3m28x49.6x20.7x
Tue, 15 Nov 2022NZ$16.5bNZ$835.3mNZ$349.6m27x47.3x19.8x
Thu, 13 Oct 2022NZ$15.9bNZ$835.3mNZ$349.6m27.2x45.4x19x
Sat, 10 Sep 2022NZ$17.0bNZ$835.3mNZ$349.6m27.6x48.5x20.3x
Mon, 08 Aug 2022NZ$17.2bNZ$792.7mNZ$699.6m20.9x24.6x21.7x
Wed, 06 Jul 2022NZ$16.4bNZ$792.7mNZ$699.6m20.7x23.4x20.7x
Fri, 03 Jun 2022NZ$16.6bNZ$792.7mNZ$699.6m22x23.8x21x
Sun, 01 May 2022NZ$17.0bNZ$794.6mNZ$701.2m22.5x24.3x21.4x
Tue, 29 Mar 2022NZ$16.7bNZ$794.6mNZ$701.2m21.9x23.8x21x
Thu, 24 Feb 2022NZ$15.6bNZ$770.6mNZ$614.5m21.2x25.3x20.2x
Sat, 22 Jan 2022NZ$16.4bNZ$770.7mNZ$614.7m19.5x26.7x21.3x
Mon, 20 Dec 2021NZ$16.7bNZ$770.7mNZ$614.7m23.7x27.2x21.7x
Wed, 17 Nov 2021NZ$18.0bNZ$768.1mNZ$613.7m18.6x29.3x23.4x
Fri, 15 Oct 2021NZ$17.2bNZ$768.1mNZ$613.7m24.7x28x22.4x
Sun, 12 Sep 2021NZ$16.7bNZ$768.1mNZ$613.7m23.3x27.3x21.8x
Tue, 10 Aug 2021NZ$16.6bNZ$768.1mNZ$613.7m23.2x27x21.6x
Mon, 03 May 2021NZ$17.4bNZ$767.2mNZ$407.0m35.2x42.8x22.7x
Thu, 04 Feb 2021NZ$17.3bNZ$772.1mNZ$204.5m40.5x84.4x22.4x
Sun, 08 Nov 2020NZ$16.4bNZ$891.4mNZ$263.7m36.3x62.1x18.4x
Sat, 01 Aug 2020NZ$15.7bNZ$1.0bNZ$315.8m40.4x49.8x15.5x
Tue, 05 May 2020NZ$14.3bNZ$1.1bNZ$482.0m31.6x29.8x12.9x
Price to Earnings Ratio

23.1x


Total Market Cap: NZ$11.1bTotal Earnings: NZ$482.0mTotal Revenue: NZ$1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Infrastructure Industry Price to Earnings3Y Average 42.9x202120222023
Current Industry PE
  • Investors are optimistic on the New Zealander Infrastructure industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 72.6x which is higher than its 3-year average PE of 42.9x.
  • The 3-year average PS ratio of 19.9x is higher than the industry's current PS ratio of 17.7x.
Past Earnings Growth
  • The earnings for companies in the Infrastructure industry have declined 20% per year over the last three years,
  • Revenues have also declined 2.6% 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 industry?

NZ Market-1.14%
Industrials-1.03%
Infrastructure-0.15%
Airport Services0%
Highways and Railtracks0%
Marine Ports and Services-0.54%
Industry PE
  • Investors are most optimistic about the Airport Services industry which is trading above its 3-year average PE ratio of 51.6x.
    • Analysts are expecting annual earnings growth of 31.8%, which is higher than its past year's earnings decline of 84.0% per year.
  • Investors are most pessimistic about the Marine Ports and Services industry, which is trading below its 3-year average of 40.8x.
Forecasted Growth
  • Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 84% per year.
  • In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
AIA Auckland International AirportNZ$8.841.6%
+NZ$206.1m		13.6%PE148.6x
Simply Wall Stâ„¢
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MMH

NZ$5.40

Marsden Maritime Holdings

7D

-1.8%

1Y

-10.0%

AIA

NZ$8.84

Auckland International Airport

7D

1.6%

1Y

13.6%

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NPH

NZ$2.58

Napier Port Holdings

7D

-4.4%

1Y

-15.1%

SPN

NZ$7.55

South Port New Zealand

7D

-2.5%

1Y

-13.8%