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New Zealand (NZX) Materials Sector Analysis

UpdatedMay 19, 2026
DataAggregated Company Financials
Companies5
  • 7D-0.4%
  • 3M-35.3%
  • 1Y-49.7%
  • YTD-27.3%

Over the last 7 days, the Materials industry has remained flat, although notably Steel & Tube Holdings gained 4.2%. As for the longer term, the industry has declined 50% in the last year. As for the next few years, earnings are expected to grow by 104% per annum.

Sector Valuation and Performance

Has the New Zealand Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 May 2026NZ$209.4mNZ$511.6m-NZ$61,651,712.302.7x-3.4x0.4x
Thu, 16 Apr 2026NZ$210.5mNZ$510.7m-NZ$61,372,070.543.1x-3.4x0.4x
Sat, 14 Mar 2026NZ$239.9mNZ$512.1m-NZ$61,815,231.782.8x-3.9x0.5x
Mon, 09 Feb 2026NZ$191.3mNZ$492.7m-NZ$58,498,405.093.5x-3.3x0.4x
Wed, 07 Jan 2026NZ$199.6mNZ$497.0m-NZ$60,096,508.734.6x-3.3x0.4x
Fri, 05 Dec 2025NZ$190.1mNZ$497.4m-NZ$60,202,810.457x-3.2x0.4x
Sun, 02 Nov 2025NZ$248.2mNZ$495.8m-NZ$59,559,843.2310.1x-4.2x0.5x
Tue, 30 Sep 2025NZ$227.2mNZ$494.7m-NZ$58,704,389.9510x-3.9x0.5x
Thu, 28 Aug 2025NZ$219.0mNZ$493.9m-NZ$58,724,308.607.4x-3.7x0.4x
Sat, 26 Jul 2025NZ$236.0mNZ$518.5m-NZ$46,234,592.749.2x-5.1x0.5x
Mon, 23 Jun 2025NZ$255.4mNZ$519.4m-NZ$46,513,536.3712x-5.5x0.5x
Wed, 21 May 2025NZ$249.9mNZ$527.3m-NZ$20,525,754.39n/a-12.2x0.5x
Fri, 18 Apr 2025NZ$261.3mNZ$526.1m-NZ$20,484,193.87n/a-12.8x0.5x
Sun, 16 Mar 2025NZ$239.4mNZ$530.4m-NZ$20,624,351.80n/a-11.6x0.5x
Tue, 11 Feb 2025NZ$254.8mNZ$598.1m-NZ$5,026,185.0552.9x-50.7x0.4x
Thu, 09 Jan 2025NZ$241.8mNZ$598.5m-NZ$5,045,565.5651.6x-47.9x0.4x
Sat, 07 Dec 2024NZ$239.4mNZ$594.0m-NZ$4,874,689.0055.4x-49.1x0.4x
Mon, 04 Nov 2024NZ$255.5mNZ$592.7m-NZ$1,020,703.9559.2x-250.3x0.4x
Wed, 02 Oct 2024NZ$263.7mNZ$586.4m-NZ$963,784.6261.6x-273.6x0.4x
Fri, 30 Aug 2024NZ$270.9mNZ$586.9m-NZ$1,221,814.6464.7x-221.8x0.5x
Sun, 28 Jul 2024NZ$253.4mNZ$650.6mNZ$5.9m15.2x42.7x0.4x
Tue, 25 Jun 2024NZ$240.6mNZ$646.2mNZ$5.7m13.8x42.4x0.4x
Thu, 23 May 2024NZ$273.8mNZ$636.7mNZ$3.4m15.8x80.8x0.4x
Sat, 20 Apr 2024NZ$282.1mNZ$640.5mNZ$3.3m16.3x86.5x0.4x
Mon, 18 Mar 2024NZ$271.6mNZ$637.3mNZ$4.0m16.6x68.6x0.4x
Wed, 14 Feb 2024NZ$296.8mNZ$690.4mNZ$9.8m11.3x30.1x0.4x
Fri, 12 Jan 2024NZ$291.7mNZ$688.6mNZ$9.9m10.8x29.4x0.4x
Sun, 10 Dec 2023NZ$420.6mNZ$788.0mNZ$14.0m22.5x30x0.5x
Tue, 07 Nov 2023NZ$413.3mNZ$780.7mNZ$14.3m21x29x0.5x
Thu, 05 Oct 2023NZ$384.0mNZ$781.7mNZ$14.2m15.5x27x0.5x
Sat, 02 Sep 2023NZ$397.6mNZ$781.0mNZ$11.9m16.8x33.5x0.5x
Mon, 31 Jul 2023NZ$413.0mNZ$804.3mNZ$22.7m14.9x18.2x0.5x
Wed, 28 Jun 2023NZ$379.8mNZ$804.1mNZ$24.2m14.6x15.7x0.5x
Fri, 26 May 2023NZ$387.8mNZ$795.6mNZ$24.6m24.3x15.8x0.5x
Price to Earnings Ratio

15.8x


Total Market Cap: NZ$387.8mTotal Earnings: NZ$24.6mTotal Revenue: NZ$795.6mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Materials Sector Price to Earnings3Y Average -10.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the New Zealander Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 0.45x.
Past Earnings Growth
  • Total earnings for the Materials industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 14% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the New Zealand Materials sector?

NZ Market-2.54%
Materials-0.38%
Metals and Mining1.64%
Chemicals-5.33%
Paper and Forestry Products-6.59%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 110% over the next 5 years.
    • In contrast, the Metals and Mining industry is expected to see its earnings grow by 100% 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
    STU Steel & Tube HoldingsNZ$0.384.2%
    +NZ$2.8m
    -46.4%PS0.2x
    NTL New Talisman Gold MinesNZ$0.0147.7%
    +NZ$793.3k
    -78.5%PE2.9x

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