Vista Group International Limited (NZSE:VGL) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Jan 30
Have your own idea? Try our Stock Screener
New Zealand (NZX) Tech Sector Analysis
UpdatedFeb 01, 2026
DataAggregated Company Financials
Companies11
- 7D-4.5%
- 3M-13.4%
- 1Y-21.4%
- YTD-6.6%
Over the last 7 days, the Tech industry has dropped 4.5%, driven by a pullback from Vista Group International of 10%. In contrast, Black Pearl Group has gained 9.9%. Overall the industry is down 21% in 12 months. Looking forward, earnings are forecast to grow by 53% annually.
Sector Valuation and Performance
Has the New Zealand Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 01 Feb 2026 | NZ$2.6b | NZ$917.3m | -NZ$160,966,409.81 | 41.1x | -16.2x | 2.8x |
| Tue, 30 Dec 2025 | NZ$2.8b | NZ$917.3m | -NZ$160,963,008.04 | 46.5x | -17.2x | 3x |
| Thu, 27 Nov 2025 | NZ$2.8b | NZ$896.2m | -NZ$170,083,685.00 | 28.8x | -16.8x | 3.2x |
| Sat, 25 Oct 2025 | NZ$2.9b | NZ$866.3m | -NZ$32,451,685.00 | 84.4x | -89.2x | 3.3x |
| Mon, 22 Sep 2025 | NZ$3.2b | NZ$866.4m | -NZ$32,224,685.00 | 92x | -99.7x | 3.7x |
| Wed, 20 Aug 2025 | NZ$3.1b | NZ$866.3m | -NZ$31,289,685.00 | 53.5x | -98.7x | 3.6x |
| Fri, 18 Jul 2025 | NZ$3.2b | NZ$858.9m | -NZ$32,189,685.00 | 61.6x | -98.3x | 3.7x |
| Sun, 15 Jun 2025 | NZ$3.1b | NZ$858.9m | -NZ$32,189,685.00 | 61.2x | -95.9x | 3.6x |
| Tue, 13 May 2025 | NZ$3.1b | NZ$830.6m | -NZ$29,294,044.00 | 15.4x | -105.4x | 3.7x |
| Thu, 10 Apr 2025 | NZ$2.8b | NZ$830.7m | -NZ$29,294,044.00 | 15.4x | -95.4x | 3.4x |
| Sat, 08 Mar 2025 | NZ$3.1b | NZ$830.7m | -NZ$29,294,044.00 | 17.8x | -104.5x | 3.7x |
| Mon, 03 Feb 2025 | NZ$3.1b | NZ$818.0m | -NZ$36,762,044.00 | 73.5x | -85.4x | 3.8x |
| Wed, 01 Jan 2025 | NZ$3.1b | NZ$818.0m | -NZ$36,762,044.00 | 72.9x | -84.8x | 3.8x |
| Fri, 29 Nov 2024 | NZ$3.1b | NZ$817.4m | -NZ$39,135,615.00 | 75.6x | -78x | 3.7x |
| Sun, 27 Oct 2024 | NZ$2.6b | NZ$797.0m | -NZ$32,010,615.00 | 35.8x | -82.6x | 3.3x |
| Tue, 24 Sep 2024 | NZ$2.7b | NZ$797.1m | -NZ$31,881,615.00 | 47.1x | -86.3x | 3.4x |
| Thu, 22 Aug 2024 | NZ$2.8b | NZ$797.6m | -NZ$37,100,615.00 | 36.8x | -75.6x | 3.5x |
| Sat, 20 Jul 2024 | NZ$2.7b | NZ$797.7m | -NZ$43,400,615.00 | 36.8x | -63.1x | 3.4x |
| Mon, 17 Jun 2024 | NZ$2.5b | NZ$797.7m | -NZ$43,400,615.00 | 37.8x | -56.9x | 3.1x |
| Wed, 15 May 2024 | NZ$2.1b | NZ$801.6m | -NZ$44,547,398.00 | 25.4x | -48.1x | 2.7x |
| Fri, 12 Apr 2024 | NZ$2.4b | NZ$801.6m | -NZ$44,547,398.00 | 34.9x | -52.8x | 2.9x |
| Sun, 10 Mar 2024 | NZ$2.3b | NZ$801.6m | -NZ$44,547,398.00 | 38.1x | -51.7x | 2.9x |
| Tue, 06 Feb 2024 | NZ$2.2b | NZ$804.3m | -NZ$53,647,398.00 | 38.1x | -41.9x | 2.8x |
| Thu, 04 Jan 2024 | NZ$2.2b | NZ$804.3m | -NZ$53,647,398.00 | 36.4x | -40.9x | 2.7x |
| Sat, 02 Dec 2023 | NZ$1.9b | NZ$804.3m | -NZ$53,647,398.00 | 17.7x | -35.7x | 2.4x |
| Mon, 30 Oct 2023 | NZ$1.8b | NZ$797.6m | -NZ$43,077,466.00 | 6.8x | -40.7x | 2.2x |
| Wed, 27 Sep 2023 | NZ$1.9b | NZ$797.5m | -NZ$44,351,466.00 | 7.2x | -41.7x | 2.3x |
| Fri, 25 Aug 2023 | NZ$1.9b | NZ$788.2m | -NZ$47,453,466.00 | 9.6x | -40.1x | 2.4x |
| Sun, 23 Jul 2023 | NZ$1.9b | NZ$788.2m | -NZ$47,453,466.00 | 10.1x | -40.4x | 2.4x |
| Tue, 20 Jun 2023 | NZ$1.8b | NZ$788.2m | -NZ$47,453,466.00 | 10.5x | -37.4x | 2.3x |
| Thu, 18 May 2023 | NZ$1.5b | NZ$707.7m | -NZ$63,284,090.00 | 9.4x | -24.4x | 2.2x |
| Sat, 15 Apr 2023 | NZ$1.4b | NZ$712.3m | -NZ$64,052,090.00 | 8.9x | -22.2x | 2x |
| Mon, 13 Mar 2023 | NZ$3.2b | NZ$1.1b | -NZ$20,715,426.00 | 24.4x | -153.1x | 2.8x |
| Wed, 08 Feb 2023 | NZ$3.4b | NZ$1.1b | -NZ$18,838,601.00 | 26.5x | -180.6x | 3.1x |
Price to Earnings Ratio
-180.6x
Current Industry PE
- Investors are relatively neutral on the New Zealander Information Technology 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 3.1x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have deteriorated over the last three years.
- Revenues have also declined 5.6% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the New Zealand Tech sector?
| NZ Market | -0.28% | |
| Tech | -4.55% | |
| IT | 0% | 0 |
| Electronic Equipment and Components | -4.48% | |
| Software | -4.58% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 81% over the next 5 years.
- In contrast, the Software industry is expected to see its earnings grow by 41% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BPG Black Pearl Group | NZ$1.11 | 9.9% +NZ$9.5m | 12.1% | n/a | |
| RAK Rakon | NZ$1.42 | 0.4% +NZ$1.1m | 148.2% | PE206x |