Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

New Zealand (NZX) Infrastructure Industry Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies5
  • 7D5.2%
  • 3M4.3%
  • 1Y-0.3%
  • YTD-5.8%

Over the last 7 days, the Infrastructure industry has risen 5.2%, driven by gains from Auckland International Airport of 6.6%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, 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
Sun, 24 Nov 2024NZ$17.9bNZ$1.5bNZ$133.0m31.4x134.4x12.1x
Tue, 22 Oct 2024NZ$17.5bNZ$1.5bNZ$131.0m33.5x133.9x11.9x
Thu, 19 Sep 2024NZ$15.6bNZ$1.5bNZ$131.0m31.6x119.3x10.6x
Sat, 17 Aug 2024NZ$15.8bNZ$1.4bNZ$298.9m21.4x52.9x11.7x
Mon, 15 Jul 2024NZ$16.1bNZ$1.3bNZ$298.3m20.6x54.1x12x
Wed, 12 Jun 2024NZ$15.2bNZ$1.3bNZ$298.3m22.4x51x11.3x
Fri, 10 May 2024NZ$15.7bNZ$1.3bNZ$292.7m27.8x53.6x11.7x
Sun, 07 Apr 2024NZ$16.7bNZ$1.3bNZ$292.7m29.1x56.9x12.4x
Tue, 05 Mar 2024NZ$16.5bNZ$1.3bNZ$292.7m29.5x56.4x12.3x
Thu, 01 Feb 2024NZ$16.9bNZ$1.2bNZ$196.6m30.2x86.2x14x
Sat, 30 Dec 2023NZ$17.7bNZ$1.2bNZ$196.6m30.2x89.9x14.6x
Mon, 27 Nov 2023NZ$16.3bNZ$1.2bNZ$197.3m27.7x82.6x13.5x
Wed, 25 Oct 2023NZ$15.6bNZ$1.2bNZ$197.3m25x79.1x12.9x
Fri, 22 Sep 2023NZ$16.5bNZ$1.2bNZ$197.3m26.9x83.4x13.6x
Sun, 20 Aug 2023NZ$17.1bNZ$1.0bNZ$250.6m23x68.2x16.5x
Tue, 18 Jul 2023NZ$17.3bNZ$1.0bNZ$250.6m23.5x69.1x16.7x
Thu, 15 Jun 2023NZ$17.4bNZ$1.0bNZ$250.6m24.7x69.4x16.7x
Sat, 13 May 2023NZ$18.2bNZ$1.0bNZ$250.9m24.1x72.7x17.8x
Mon, 10 Apr 2023NZ$18.0bNZ$1.0bNZ$250.9m25.3x71.8x17.6x
Wed, 08 Mar 2023NZ$17.9bNZ$1.0bNZ$250.9m27.7x71.3x17.4x
Fri, 03 Feb 2023NZ$18.2bNZ$838.3mNZ$349.3m29.1x52x21.7x
Sun, 01 Jan 2023NZ$16.8bNZ$838.3mNZ$349.3m27.5x48x20x
Tue, 29 Nov 2022NZ$17.0bNZ$838.3mNZ$349.3m26.9x48.6x20.2x
Thu, 27 Oct 2022NZ$16.2bNZ$835.3mNZ$349.6m27.5x46.4x19.4x
Sat, 24 Sep 2022NZ$16.8bNZ$835.3mNZ$349.6m28.5x48x20.1x
Mon, 22 Aug 2022NZ$17.0bNZ$818.6mNZ$347.3m29.2x48.9x20.8x
Wed, 20 Jul 2022NZ$16.4bNZ$792.7mNZ$699.6m19.9x23.4x20.7x
Fri, 17 Jun 2022NZ$15.8bNZ$792.7mNZ$699.6m22.1x22.6x19.9x
Sun, 15 May 2022NZ$16.0bNZ$794.6mNZ$701.2m22.1x22.9x20.2x
Tue, 12 Apr 2022NZ$16.5bNZ$794.6mNZ$701.2m22x23.6x20.8x
Thu, 10 Mar 2022NZ$15.4bNZ$794.6mNZ$701.2m21.1x22x19.4x
Sat, 05 Feb 2022NZ$16.6bNZ$770.7mNZ$614.7m19.2x27x21.5x
Mon, 03 Jan 2022NZ$17.0bNZ$770.7mNZ$614.7m24.4x27.6x22x
Wed, 01 Dec 2021NZ$17.1bNZ$770.7mNZ$614.7m21.4x27.8x22.2x
Price to Earnings Ratio

27.8x


Total Market Cap: NZ$17.1bTotal Earnings: NZ$614.7mTotal Revenue: NZ$770.7mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Infrastructure Industry Price to Earnings3Y Average 59.9x202220232024
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 59.8x.
  • The 3-year average PS ratio of 16.7x is higher than the industry's current PS ratio of 11.8x.
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 Market2.02%
Industrials3.47%
Infrastructure5.19%
Airport Services6.59%
Marine Ports and Services1.59%
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 279x.
    • 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$7.766.6%
+NZ$807.3m		-2.6%PE2372.9x
NPH Napier Port HoldingsNZ$2.5511.8%
+NZ$53.8m		6.3%PE20.5x
POT Port of TaurangaNZ$5.950.7%
+NZ$27.2m		10.4%PE44.6x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
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.

Latest News

NPH

NZ$2.55

Napier Port Holdings

7D

11.8%

1Y

6.3%

POT

NZ$5.95

Port of Tauranga

7D

0.7%

1Y

10.4%

AIA

NZ$7.76

Auckland International Airport

7D

6.6%

1Y

-2.6%

Shareholders May Be More Conservative With Auckland International Airport Limited's (NZSE:AIA) CEO Compensation For Now

Oct 10
Shareholders May Be More Conservative With Auckland International Airport Limited's (NZSE:AIA) CEO Compensation For Now

MMH

NZ$3.40

Marsden Maritime Holdings

7D

-3.7%

1Y

-29.0%