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New Zealand (NZX) Marine Ports and Services Industry Analysis

UpdatedApr 25, 2024
DataAggregated Company Financials
Companies4
  • 7D-2.5%
  • 3M-9.0%
  • 1Y-23.2%
  • YTDn/a

Over the last 7 days, the Marine Ports and Services industry has dropped 2.5%, driven by a pullback from Port of Tauranga of 1.2%. Overall the industry is down 23% in 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the New Zealand Marine Ports and Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024NZ$4.1bNZ$592.8mNZ$135.6m25.2x30.4x6.9x
Sun, 24 Mar 2024NZ$4.3bNZ$592.8mNZ$135.6m24.7x31.8x7.3x
Tue, 20 Feb 2024NZ$4.5bNZ$604.4mNZ$151.2m25.8x29.5x7.4x
Thu, 18 Jan 2024NZ$4.7bNZ$603.8mNZ$153.4m26.2x30.7x7.8x
Sat, 16 Dec 2023NZ$4.5bNZ$603.8mNZ$153.4m27x29.3x7.4x
Mon, 13 Nov 2023NZ$4.3bNZ$604.8mNZ$154.1m24.5x27.8x7.1x
Wed, 11 Oct 2023NZ$4.8bNZ$604.8mNZ$154.1m25.3x30.8x7.9x
Fri, 08 Sep 2023NZ$4.8bNZ$604.8mNZ$154.1m25.6x31.1x7.9x
Sun, 06 Aug 2023NZ$5.0bNZ$587.6mNZ$163.0m19.9x30.9x8.6x
Tue, 04 Jul 2023NZ$5.1bNZ$587.6mNZ$163.0m20x31.3x8.7x
Thu, 01 Jun 2023NZ$5.2bNZ$587.6mNZ$163.0m20.6x32x8.9x
Sat, 29 Apr 2023NZ$5.2bNZ$576.0mNZ$163.3m20.9x31.9x9.1x
Mon, 27 Mar 2023NZ$5.2bNZ$576.0mNZ$163.3m21x31.6x9x
Wed, 22 Feb 2023NZ$5.2bNZ$548.5mNZ$157.0m22.1x32.9x9.4x
Fri, 20 Jan 2023NZ$5.3bNZ$546.9mNZ$157.7m23.1x33.9x9.8x
Sun, 18 Dec 2022NZ$5.4bNZ$546.9mNZ$157.7m23x34.2x9.9x
Tue, 15 Nov 2022NZ$5.2bNZ$543.9mNZ$158.0m23x32.8x9.5x
Thu, 13 Oct 2022NZ$5.3bNZ$543.9mNZ$158.0m23.1x33.7x9.8x
Sat, 10 Sep 2022NZ$5.6bNZ$543.9mNZ$158.0m23.6x35.6x10.3x
Mon, 08 Aug 2022NZ$5.9bNZ$527.2mNZ$155.7m24.7x37.6x11.1x
Wed, 06 Jul 2022NZ$5.4bNZ$527.2mNZ$155.7m23.2x34.8x10.3x
Fri, 03 Jun 2022NZ$5.4bNZ$527.2mNZ$155.7m24.1x34.6x10.2x
Sun, 01 May 2022NZ$5.5bNZ$529.1mNZ$157.3m23.7x34.8x10.4x
Tue, 29 Mar 2022NZ$5.3bNZ$529.1mNZ$157.3m24.1x33.5x10x
Thu, 24 Feb 2022NZ$5.3bNZ$502.2mNZ$150.3m21.2x35.4x10.6x
Sat, 22 Jan 2022NZ$5.5bNZ$502.3mNZ$150.5m19.5x36.6x11x
Mon, 20 Dec 2021NZ$5.7bNZ$502.3mNZ$150.5m24x37.8x11.3x
Wed, 17 Nov 2021NZ$5.8bNZ$499.7mNZ$149.5m18.6x39.1x11.7x
Fri, 15 Oct 2021NZ$5.8bNZ$499.7mNZ$149.5m25.7x38.5x11.5x
Sun, 12 Sep 2021NZ$6.0bNZ$499.7mNZ$149.5m26.2x40.1x12x
Tue, 10 Aug 2021NZ$5.8bNZ$499.7mNZ$149.5m24.7x39.1x11.7x
Mon, 03 May 2021NZ$6.2bNZ$477.0mNZ$137.5m29.8x45.3x13.1x
Price to Earnings Ratio

45.3x


Total Market Cap: NZ$6.2bTotal Earnings: NZ$137.5mTotal Revenue: NZ$477.0mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Marine Ports and Services Industry Price to Earnings3Y Average 34.6x202220232024
Current Industry PE
  • Investors are pessimistic on the New Zealander Marine Ports and Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 30.4x which is lower than its 3-year average PE of 34.6x.
  • The 3-year average PS ratio of 9.8x is higher than the industry's current PS ratio of 6.9x.
Past Earnings Growth
  • The earnings for companies in the Marine Ports and Services industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.5% 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 and as a result, profits have held steady.

Industry Comparison

How does New Zealand Marine Ports and Services compare with similar industries?

NZ Market0.46%
Industrials-1.34%
Infrastructure-2.12%
Marine Ports and Services-2.47%
Highways and Railtracks0%
Airport Services-1.99%
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
NPH Napier Port HoldingsNZ$2.352.6%
+NZ$12.0m
-7.8%PE28.3x
MMH Marsden Maritime HoldingsNZ$4.161.2%
+NZ$2.1m
-18.4%PE22.1x
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