New Zealand (NZX) Steel Industry Analysis
UpdatedFeb 04, 2023
DataAggregated Company Financials
Companies2
- 7D3.5%
- 3M9.2%
- 1Y-7.4%
- YTD3.1%
In the last week, the Steel industry is up 2.3%, with all of the companies up. In contrast, the industry has lost 6.6% in the last 12 months. As for the next few years, earnings are forecast to decline by 6.3% per annum.
Industry Valuation and Performance
Has the New Zealand Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 04 Feb 2023 | NZ$285.3m | NZ$666.8m | NZ$32.0m | 20.4x | 8.9x | 0.4x |
| Mon, 02 Jan 2023 | NZ$272.4m | NZ$666.8m | NZ$32.0m | 20.9x | 8.5x | 0.4x |
| Wed, 30 Nov 2022 | NZ$265.8m | NZ$666.8m | NZ$32.0m | 18.1x | 8.3x | 0.4x |
| Fri, 28 Oct 2022 | NZ$258.0m | NZ$666.8m | NZ$32.0m | 16.2x | 8.1x | 0.4x |
| Sun, 25 Sep 2022 | NZ$271.3m | NZ$666.8m | NZ$32.0m | 16.1x | 8.5x | 0.4x |
| Tue, 23 Aug 2022 | NZ$301.7m | NZ$591.8m | NZ$29.8m | 11.6x | 10.1x | 0.5x |
| Thu, 21 Jul 2022 | NZ$264.4m | NZ$591.8m | NZ$29.8m | 10.6x | 8.9x | 0.4x |
| Sat, 18 Jun 2022 | NZ$237.4m | NZ$591.8m | NZ$29.8m | 9.6x | 8x | 0.4x |
| Mon, 16 May 2022 | NZ$272.7m | NZ$591.8m | NZ$29.8m | 10.7x | 9.2x | 0.5x |
| Wed, 13 Apr 2022 | NZ$286.9m | NZ$591.8m | NZ$29.8m | 11.3x | 9.6x | 0.5x |
| Fri, 11 Mar 2022 | NZ$294.5m | NZ$591.8m | NZ$29.8m | 10.4x | 9.9x | 0.5x |
| Sun, 06 Feb 2022 | NZ$307.4m | NZ$531.4m | NZ$18.6m | 16.3x | 16.6x | 0.6x |
| Tue, 04 Jan 2022 | NZ$296.5m | NZ$531.4m | NZ$18.6m | 16.2x | 16x | 0.6x |
| Thu, 02 Dec 2021 | NZ$274.7m | NZ$531.4m | NZ$18.6m | 17.1x | 14.8x | 0.5x |
| Sat, 30 Oct 2021 | NZ$241.0m | NZ$531.4m | NZ$18.6m | 15.2x | 13x | 0.5x |
| Mon, 27 Sep 2021 | NZ$212.3m | NZ$531.4m | NZ$18.6m | 13.6x | 11.4x | 0.4x |
| Wed, 25 Aug 2021 | NZ$234.1m | NZ$531.4m | NZ$18.6m | 15.2x | 12.6x | 0.4x |
| Thu, 01 Jul 2021 | NZ$230.1m | NZ$531.4m | NZ$18.6m | 14.4x | 12.4x | 0.4x |
| Sun, 04 Apr 2021 | NZ$212.0m | NZ$496.0m | NZ$636.0k | 23.3x | 333.3x | 0.4x |
| Wed, 06 Jan 2021 | NZ$199.4m | NZ$463.8m | -NZ$17,588,000.00 | 40x | -11.3x | 0.4x |
| Sat, 10 Oct 2020 | NZ$126.2m | NZ$467.0m | -NZ$38,333,500.00 | 26.2x | -3.3x | 0.3x |
| Fri, 03 Jul 2020 | NZ$120.0m | NZ$467.0m | -NZ$58,791,000.00 | 13.2x | -2x | 0.3x |
| Mon, 06 Apr 2020 | NZ$94.5m | NZ$492.5m | -NZ$45,941,500.00 | 85.5x | -2.1x | 0.2x |
Price to Earnings Ratio
-4.4x
Current Industry PE
- There are only 2 companies in the New Zealander Steel industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Steel industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.8% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does New Zealand Steel compare with similar industries?
| NZ Market | 1.32% | |
| Materials | 1.98% | |
| Metals and Mining | 3.36% | |
| Steel | 3.48% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Diversified Metals and Mining | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| STU Steel & Tube Holdings | NZ$1.36 | 5.4% +NZ$11.6m | -15.5% | PE7.5x |