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New Zealand (NZX) Steel Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies1
  • 7D-2.4%
  • 3M-12.8%
  • 1Y-24.1%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 5.8%, driven by pullbacks from every company within the industry. Overall the industry is down 24% in 12 months. Earnings are forecast to grow by 65% annually.

Industry Valuation and Performance

Has the New Zealand Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024NZ$137.9mNZ$479.1mNZ$2.6m52.2x52.2x0.3x
Tue, 19 Nov 2024NZ$144.6mNZ$479.1mNZ$2.6m54.8x54.8x0.3x
Thu, 17 Oct 2024NZ$155.9mNZ$479.1mNZ$2.6m59.1x59.1x0.3x
Sat, 14 Sep 2024NZ$157.3mNZ$479.1mNZ$2.6m59.6x59.6x0.3x
Mon, 12 Aug 2024NZ$168.1mNZ$535.5mNZ$10.5m16x16x0.3x
Wed, 10 Jul 2024NZ$139.8mNZ$535.5mNZ$10.5m13.3x13.3x0.3x
Fri, 07 Jun 2024NZ$156.4mNZ$535.5mNZ$10.5m14.9x14.9x0.3x
Sun, 05 May 2024NZ$171.4mNZ$535.5mNZ$10.5m16.3x16.3x0.3x
Tue, 02 Apr 2024NZ$173.0mNZ$535.5mNZ$10.5m16.5x16.5x0.3x
Thu, 29 Feb 2024NZ$183.0mNZ$535.5mNZ$10.5m17.9x17.4x0.3x
Sat, 27 Jan 2024NZ$194.7mNZ$589.1mNZ$17.0m11.4x11.5x0.3x
Mon, 25 Dec 2023NZ$326.6mNZ$686.9mNZ$21.2m22.9x15.4x0.5x
Wed, 22 Nov 2023NZ$320.6mNZ$686.9mNZ$21.2m22.6x15.2x0.5x
Fri, 20 Oct 2023NZ$267.7mNZ$686.9mNZ$21.2m15.3x12.6x0.4x
Sun, 17 Sep 2023NZ$273.7mNZ$686.9mNZ$21.0m16.2x13.1x0.4x
Tue, 15 Aug 2023NZ$292.6mNZ$713.2mNZ$31.1m15.7x9.4x0.4x
Thu, 13 Jul 2023NZ$261.5mNZ$713.2mNZ$31.1m14.3x8.4x0.4x
Sat, 10 Jun 2023NZ$266.0mNZ$713.2mNZ$31.1m15.2x8.5x0.4x
Mon, 08 May 2023NZ$258.6mNZ$713.2mNZ$31.1m15.2x8.3x0.4x
Wed, 05 Apr 2023NZ$236.9mNZ$713.2mNZ$31.1m12x7.6x0.3x
Fri, 03 Mar 2023NZ$266.4mNZ$700.0mNZ$29.5m19.8x9x0.4x
Sun, 29 Jan 2023NZ$275.0mNZ$666.8mNZ$32.0m20.7x8.6x0.4x
Tue, 27 Dec 2022NZ$270.4mNZ$666.8mNZ$32.0m20.3x8.5x0.4x
Thu, 24 Nov 2022NZ$268.7mNZ$666.8mNZ$32.0m17.7x8.4x0.4x
Sat, 22 Oct 2022NZ$254.3mNZ$666.8mNZ$32.0m15.7x8x0.4x
Mon, 19 Sep 2022NZ$279.6mNZ$666.8mNZ$32.0m16.2x8.7x0.4x
Wed, 17 Aug 2022NZ$279.3mNZ$591.8mNZ$29.8m10.9x9.4x0.5x
Fri, 15 Jul 2022NZ$262.1mNZ$591.8mNZ$29.8m10.5x8.8x0.4x
Sun, 12 Jun 2022NZ$260.5mNZ$591.8mNZ$29.8m10.8x8.7x0.4x
Tue, 10 May 2022NZ$283.6mNZ$591.8mNZ$29.8m10.9x9.5x0.5x
Thu, 07 Apr 2022NZ$300.1mNZ$591.8mNZ$29.8m11.6x10.1x0.5x
Sat, 05 Mar 2022NZ$297.5mNZ$591.8mNZ$29.8m10.8x10x0.5x
Mon, 31 Jan 2022NZ$291.2mNZ$531.4mNZ$18.6m15.7x15.7x0.5x
Wed, 29 Dec 2021NZ$286.6mNZ$531.4mNZ$18.6m15.9x15.4x0.5x
Price to Earnings Ratio

15.4x


Total Market Cap: NZ$286.6mTotal Earnings: NZ$18.6mTotal Revenue: NZ$531.4mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Steel Industry Price to Earnings3Y Average 16.5x202220232024
Current Industry PE
    There is only one company 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
  • The earnings for companies in the Steel industry have declined 48% per year over the last three years,
  • Revenues have also declined 3.4% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does New Zealand Steel compare with similar industries?

NZ Market1.18%
Materials-0.75%
Metals and Mining-1.38%
Steel-2.38%
Gold10.53%
Copper0%
Aluminum0%
Diversified Metals and Mining0%
Precious Metals and Minerals0%
Silver0%
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
No data available
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Latest News

STU

NZ$0.82

Steel & Tube Holdings

7D

-2.4%

1Y

-24.1%