Header cover image

New Zealand (NZX) Infrastructure Industry Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies5
  • 7D0.4%
  • 3M-2.7%
  • 1Y-3.1%
  • YTD-8.4%

Over the last 7 days, the Infrastructure industry has remained flat. Unfortunately though, the industry is down 3.1% over the past 12 months. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024NZ$17.2bNZ$1.5bNZ$131.0m33.3x131x11.6x
Thu, 12 Sep 2024NZ$15.5bNZ$1.5bNZ$131.0m31.4x118.2x10.5x
Sat, 10 Aug 2024NZ$15.4bNZ$1.3bNZ$298.3m20.6x51.6x11.4x
Mon, 08 Jul 2024NZ$15.7bNZ$1.3bNZ$298.3m21.5x52.5x11.6x
Wed, 05 Jun 2024NZ$15.4bNZ$1.3bNZ$292.7m30.5x52.5x11.5x
Fri, 03 May 2024NZ$15.6bNZ$1.3bNZ$292.7m28.3x53.2x11.6x
Sun, 31 Mar 2024NZ$16.8bNZ$1.3bNZ$292.7m29.5x57.4x12.6x
Tue, 27 Feb 2024NZ$16.5bNZ$1.3bNZ$292.7m29.1x56.4x12.3x
Thu, 25 Jan 2024NZ$17.2bNZ$1.2bNZ$196.6m29.6x87.6x14.3x
Sat, 23 Dec 2023NZ$17.1bNZ$1.2bNZ$196.6m30.6x86.9x14.1x
Mon, 20 Nov 2023NZ$15.9bNZ$1.2bNZ$196.6m27.7x80.9x13.2x
Wed, 18 Oct 2023NZ$16.3bNZ$1.2bNZ$197.3m25.8x82.6x13.5x
Fri, 15 Sep 2023NZ$16.4bNZ$1.2bNZ$197.3m26.4x83.2x13.6x
Sun, 13 Aug 2023NZ$17.3bNZ$1.0bNZ$250.6m23.6x69.2x16.7x
Tue, 11 Jul 2023NZ$17.2bNZ$1.0bNZ$250.6m23.6x68.8x16.6x
Thu, 08 Jun 2023NZ$17.8bNZ$1.0bNZ$250.6m25.5x71.1x17.2x
Sat, 06 May 2023NZ$18.1bNZ$1.0bNZ$250.9m24.2x72.2x17.6x
Mon, 03 Apr 2023NZ$18.0bNZ$1.0bNZ$250.9m25.9x71.8x17.6x
Wed, 01 Mar 2023NZ$18.1bNZ$1.0bNZ$250.9m25.5x72x17.6x
Fri, 27 Jan 2023NZ$17.7bNZ$838.3mNZ$349.3m29.2x50.7x21.1x
Sun, 25 Dec 2022NZ$17.3bNZ$838.3mNZ$349.3m27.6x49.5x20.6x
Tue, 22 Nov 2022NZ$16.9bNZ$835.3mNZ$349.6m26.5x48.4x20.3x
Thu, 20 Oct 2022NZ$15.9bNZ$835.3mNZ$349.6m28x45.5x19x
Sat, 17 Sep 2022NZ$16.7bNZ$835.3mNZ$349.6m29x47.9x20x
Mon, 15 Aug 2022NZ$17.2bNZ$792.7mNZ$699.6m21.9x24.5x21.6x
Wed, 13 Jul 2022NZ$16.1bNZ$792.7mNZ$699.6m19.5x23x20.3x
Fri, 10 Jun 2022NZ$16.8bNZ$792.7mNZ$699.6m22x24x21.2x
Sun, 08 May 2022NZ$16.6bNZ$794.6mNZ$701.2m22x23.7x20.9x
Tue, 05 Apr 2022NZ$16.5bNZ$794.6mNZ$701.2m21.9x23.5x20.8x
Thu, 03 Mar 2022NZ$16.1bNZ$794.6mNZ$701.2m22.2x23x20.3x
Sat, 29 Jan 2022NZ$16.2bNZ$770.7mNZ$614.7m20.4x26.4x21x
Mon, 27 Dec 2021NZ$16.8bNZ$770.7mNZ$614.7m24.1x27.4x21.8x
Wed, 24 Nov 2021NZ$17.2bNZ$770.7mNZ$614.7m21.7x27.9x22.3x
Fri, 22 Oct 2021NZ$17.3bNZ$768.1mNZ$613.7m24.9x28.2x22.5x
Price to Earnings Ratio

28.2x


Total Market Cap: NZ$17.3bTotal Earnings: NZ$613.7mTotal Revenue: NZ$768.1mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Infrastructure Industry Price to Earnings3Y Average 56.1x202220232024
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 131x which is higher than its 3-year average PE of 56.0x.
  • The 3-year average PS ratio of 17.1x is higher than the industry's current PS ratio of 11.6x.
Past Earnings Growth
  • The earnings for companies in the Infrastructure industry have declined 40% per year over the last three years.
  • Meanwhile revenues for these companies have grown 24% per year.
  • This means that although more sales are being generated, 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 industry?

NZ Market1.97%
Industrials0.70%
Infrastructure0.38%
Airport Services0.40%
Marine Ports and Services0.30%
Highways and Railtracks0%
Industry PE
  • Investors are most optimistic about the Airport Services industry which is trading above its 3-year average PE ratio of 198x.
    • Analysts are expecting annual earnings growth of 27.4%, which is higher than its past year's earnings decline of 87.3% per year.
  • Investors are most pessimistic about the Marine Ports and Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 33.1x.
Forecasted Growth
  • Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 87% per year.
  • In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 11% 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$7.481.6%
+NZ$413.6m
-5.6%PE2287.1x
MMH Marsden Maritime HoldingsNZ$3.695.1%
+NZ$7.4m
-21.2%PE34.1x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.