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New Zealand (NZX) Materials Sector Analysis

UpdatedApr 18, 2024
DataAggregated Company Financials
Companies5
  • 7D-0.7%
  • 3M-5.7%
  • 1Y-6.3%
  • YTD0.4%

Over the last 7 days, the Materials industry has remained flat, although notably ArborGen Holdings gained 3.8%. Unfortunately though, the industry is down 6.3% over the past 12 months. Earnings are forecast to grow by 72% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Apr 2024NZ$280.5mNZ$640.5mNZ$3.3m16.3x85.8x0.4x
Sun, 17 Mar 2024NZ$271.6mNZ$637.3mNZ$4.0m16.6x68.6x0.4x
Tue, 13 Feb 2024NZ$299.4mNZ$690.1mNZ$9.9m11.3x30.4x0.4x
Thu, 11 Jan 2024NZ$292.1mNZ$688.3mNZ$9.9m11.1x29.5x0.4x
Sat, 09 Dec 2023NZ$426.9mNZ$787.2mNZ$14.1m22.5x30.4x0.5x
Mon, 06 Nov 2023NZ$416.3mNZ$780.6mNZ$14.3m21.4x29.2x0.5x
Wed, 04 Oct 2023NZ$384.0mNZ$781.2mNZ$14.2m15.6x27x0.5x
Fri, 01 Sep 2023NZ$400.3mNZ$781.2mNZ$11.8m17x33.8x0.5x
Sun, 30 Jul 2023NZ$413.0mNZ$804.3mNZ$22.7m14.9x18.2x0.5x
Tue, 27 Jun 2023NZ$379.1mNZ$804.2mNZ$24.2m14.5x15.7x0.5x
Thu, 25 May 2023NZ$387.8mNZ$795.6mNZ$24.6m24.3x15.8x0.5x
Sat, 22 Apr 2023NZ$354.4mNZ$795.2mNZ$24.6m17.9x14.4x0.4x
Mon, 20 Mar 2023NZ$372.3mNZ$793.7mNZ$24.7m17.1x15.1x0.5x
Wed, 15 Feb 2023NZ$412.6mNZ$746.3mNZ$25.3m33.3x16.3x0.6x
Fri, 13 Jan 2023NZ$424.7mNZ$746.2mNZ$25.3m34.8x16.8x0.6x
Sun, 11 Dec 2022NZ$398.0mNZ$745.4mNZ$25.4m29.9x15.7x0.5x
Tue, 08 Nov 2022NZ$400.0mNZ$747.5mNZ$27.5m29.9x14.5x0.5x
Thu, 06 Oct 2022NZ$414.5mNZ$749.9mNZ$27.6m23.1x15x0.6x
Sat, 03 Sep 2022NZ$442.9mNZ$745.3mNZ$27.4m24.2x16.1x0.6x
Mon, 01 Aug 2022NZ$417.0mNZ$667.8mNZ$25.6m13.4x16.3x0.6x
Wed, 29 Jun 2022NZ$416.2mNZ$667.1mNZ$30.2m12.4x13.8x0.6x
Fri, 27 May 2022NZ$467.6mNZ$676.4mNZ$28.4m12.2x16.5x0.7x
Sun, 24 Apr 2022NZ$497.3mNZ$673.8mNZ$28.4m13.7x17.5x0.7x
Tue, 22 Mar 2022NZ$470.1mNZ$670.6mNZ$28.4m11.6x16.5x0.7x
Thu, 17 Feb 2022NZ$485.8mNZ$613.5mNZ$17.6m16.2x27.6x0.8x
Sat, 15 Jan 2022NZ$501.4mNZ$610.5mNZ$17.6mn/a28.5x0.8x
Mon, 13 Dec 2021NZ$463.0mNZ$611.5mNZ$18.2m17.4x25.4x0.8x
Wed, 10 Nov 2021NZ$475.9mNZ$605.5mNZ$21.9mn/a21.8x0.8x
Fri, 08 Oct 2021NZ$434.1mNZ$607.8mNZ$22.0m16.9x19.7x0.7x
Sun, 05 Sep 2021NZ$449.4mNZ$606.9mNZ$21.9m17.1x20.5x0.7x
Tue, 03 Aug 2021NZ$455.8mNZ$606.9mNZ$21.9m16.9x20.8x0.8x
Fri, 07 May 2021NZ$418.1mNZ$571.4mNZ$4.0m20.5x103.4x0.7x
Price to Earnings Ratio

103.4x


Total Market Cap: NZ$418.1mTotal Earnings: NZ$4.0mTotal Revenue: NZ$571.4mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Materials Sector Price to Earnings3Y Average 27.8x202220232024
Current Industry PE
  • Investors are optimistic on the New Zealander Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 85.8x which is higher than its 3-year average PE of 27.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 6.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.9% 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 Materials sector?

NZ Market-1.12%
Materials-0.68%
Chemicals15.44%
Paper and Forestry Products3.75%
Basic Materials0%
Packaging0%
Metals and Mining-3.80%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry even though it's trading below its 3-year average PE ratio of 166x.
    • Analysts are expecting annual earnings growth of 22.7%, which is higher than its past year's earnings decline of 62.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 175% over the next 5 years.
  • In contrast, the Metals and Mining industry is expected to see its earnings grow by 23% 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
ARB ArborGen HoldingsNZ$0.173.8%
+NZ$3.0m		-12.6%PS0.8x
CRP Chatham Rock PhosphateNZ$0.1710.6%
+NZ$1.5m		5.0%PS145.9x
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Latest News

STU

NZ$1.03

Steel & Tube Holdings

7D

-1.0%

1Y

-3.7%

CRP

NZ$0.17

Chatham Rock Phosphate

7D

10.6%

1Y

5.0%

ARB

NZ$0.17

ArborGen Holdings

7D

3.8%

1Y

-12.6%