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New Zealand (NZX) Materials Sector Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies5
  • 7D-0.2%
  • 3M-33.4%
  • 1Y-49.4%
  • YTD-29.2%

Last week, the Materials industry hasn't moved much but Steel & Tube Holdings is up 4.2% in that time. Unfortunately though, the industry is down 50% over the past 12 months. Looking forward, earnings are forecast to grow by 104% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 May 2026NZ$202.9mNZ$511.8m-NZ$61,737,097.012.9x-3.3x0.4x
Fri, 17 Apr 2026NZ$205.2mNZ$511.0m-NZ$61,454,353.753.3x-3.3x0.4x
Sun, 15 Mar 2026NZ$239.9mNZ$512.9m-NZ$62,088,914.092.8x-3.9x0.5x
Tue, 10 Feb 2026NZ$189.5mNZ$492.7m-NZ$58,499,555.013.7x-3.2x0.4x
Thu, 08 Jan 2026NZ$199.6mNZ$496.9m-NZ$60,082,918.224.6x-3.3x0.4x
Sat, 06 Dec 2025NZ$190.3mNZ$497.3m-NZ$60,196,095.294.7x-3.2x0.4x
Mon, 03 Nov 2025NZ$248.2mNZ$495.8m-NZ$59,559,843.2310.1x-4.2x0.5x
Wed, 01 Oct 2025NZ$227.7mNZ$494.5m-NZ$58,638,290.5210.2x-3.9x0.5x
Fri, 29 Aug 2025NZ$223.4mNZ$493.0m-NZ$58,403,012.307.5x-3.8x0.5x
Sun, 27 Jul 2025NZ$236.0mNZ$518.5m-NZ$46,224,745.549.2x-5.1x0.5x
Tue, 24 Jun 2025NZ$250.3mNZ$520.8m-NZ$47,008,996.5211.7x-5.3x0.5x
Thu, 22 May 2025NZ$246.1mNZ$526.3m-NZ$20,490,331.97n/a-12x0.5x
Sat, 19 Apr 2025NZ$261.3mNZ$526.8m-NZ$20,512,452.67n/a-12.7x0.5x
Mon, 17 Mar 2025NZ$239.4mNZ$530.4m-NZ$20,624,351.80n/a-11.6x0.5x
Wed, 12 Feb 2025NZ$250.7mNZ$598.4m-NZ$5,039,333.5454.8x-49.7x0.4x
Fri, 10 Jan 2025NZ$237.5mNZ$599.3m-NZ$5,078,186.3952.2x-46.8x0.4x
Sun, 08 Dec 2024NZ$241.5mNZ$594.5m-NZ$4,884,150.0055.4x-49.4x0.4x
Tue, 05 Nov 2024NZ$253.8mNZ$592.1m-NZ$1,017,005.0758.6x-249.5x0.4x
Thu, 03 Oct 2024NZ$263.7mNZ$586.4m-NZ$963,784.6261.6x-273.6x0.4x
Sat, 31 Aug 2024NZ$266.8mNZ$587.3m-NZ$1,226,013.4463.4x-217.6x0.5x
Mon, 29 Jul 2024NZ$253.4mNZ$650.6mNZ$5.9m15.2x42.7x0.4x
Wed, 26 Jun 2024NZ$245.1mNZ$646.1mNZ$5.7m13.8x43.2x0.4x
Fri, 24 May 2024NZ$266.7mNZ$636.6mNZ$3.4m15.4x78.5x0.4x
Sun, 21 Apr 2024NZ$284.7mNZ$640.8mNZ$3.2m16.6x87.7x0.4x
Tue, 19 Mar 2024NZ$272.0mNZ$637.2mNZ$4.0m16.3x68.6x0.4x
Thu, 15 Feb 2024NZ$293.5mNZ$690.9mNZ$9.8m11.1x29.8x0.4x
Sat, 13 Jan 2024NZ$294.7mNZ$688.4mNZ$9.9m11.3x29.7x0.4x
Mon, 11 Dec 2023NZ$420.6mNZ$788.0mNZ$14.0m22.5x30x0.5x
Wed, 08 Nov 2023NZ$409.6mNZ$781.7mNZ$14.2m21.7x28.8x0.5x
Fri, 06 Oct 2023NZ$384.0mNZ$781.0mNZ$14.2m15.5x26.9x0.5x
Sun, 03 Sep 2023NZ$384.2mNZ$781.3mNZ$14.0m16.8x27.4x0.5x
Tue, 01 Aug 2023NZ$412.1mNZ$803.7mNZ$22.7m14.8x18.1x0.5x
Thu, 29 Jun 2023NZ$379.8mNZ$805.4mNZ$24.1m14.5x15.7x0.5x
Sat, 27 May 2023NZ$386.2mNZ$796.0mNZ$24.6m23.7x15.7x0.5x
Price to Earnings Ratio

15.7x


Total Market Cap: NZ$386.2mTotal Earnings: NZ$24.6mTotal Revenue: NZ$796.0mTotal 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-0.46%
Materials-0.18%
Metals and Mining2.24%
Chemicals-4.05%
Paper and Forestry Products-7.53%
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
    -44.9%PS0.2x

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