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New Zealand (NZX) Tech Sector Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies10
  • 7D0.6%
  • 3M5.4%
  • 1Y11.0%
  • YTD0.7%

In the last week, the Tech industry is up 1.7%, with EROAD up 5.5%. This means that the industry has gained 7.9% over the past year. Earnings are forecast to grow by 50% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025NZ$3.2bNZ$866.4m-NZ$32,224,685.0091x-98.9x3.7x
Thu, 14 Aug 2025NZ$3.0bNZ$858.9m-NZ$32,189,685.0049.5x-93x3.5x
Sat, 12 Jul 2025NZ$3.2bNZ$858.9m-NZ$32,189,685.0067.1x-100.9x3.8x
Mon, 09 Jun 2025NZ$3.2bNZ$858.9m-NZ$32,189,685.0066x-98.6x3.7x
Wed, 07 May 2025NZ$3.1bNZ$830.6m-NZ$29,294,044.0015.4x-104.2x3.7x
Fri, 04 Apr 2025NZ$3.1bNZ$830.7m-NZ$29,294,044.0015.4x-104.6x3.7x
Sun, 02 Mar 2025NZ$3.1bNZ$830.7m-NZ$29,294,044.0018.8x-107x3.8x
Tue, 28 Jan 2025NZ$3.1bNZ$818.0m-NZ$36,762,044.0069.5x-83.2x3.7x
Thu, 26 Dec 2024NZ$3.0bNZ$818.0m-NZ$36,762,044.0070.1x-82.9x3.7x
Sat, 23 Nov 2024NZ$2.9bNZ$804.3m-NZ$30,215,615.0034.8x-94.3x3.5x
Mon, 21 Oct 2024NZ$2.7bNZ$797.0m-NZ$32,010,615.0035.3x-85.9x3.5x
Wed, 18 Sep 2024NZ$2.8bNZ$797.1m-NZ$31,881,615.0047.7x-87.9x3.5x
Fri, 16 Aug 2024NZ$2.9bNZ$797.6m-NZ$37,100,615.0040.3x-78.4x3.6x
Sun, 14 Jul 2024NZ$2.6bNZ$797.7m-NZ$43,400,615.0038.8x-60.8x3.3x
Tue, 11 Jun 2024NZ$2.4bNZ$797.7m-NZ$43,400,615.0036.8x-55.7x3x
Thu, 09 May 2024NZ$2.2bNZ$801.6m-NZ$44,547,398.0027.8x-50.5x2.8x
Sat, 06 Apr 2024NZ$2.4bNZ$801.6m-NZ$44,547,398.0034x-52.8x2.9x
Mon, 04 Mar 2024NZ$2.3bNZ$801.6m-NZ$44,547,398.0038.4x-51.1x2.8x
Wed, 31 Jan 2024NZ$2.2bNZ$804.3m-NZ$53,647,398.0038.4x-40.2x2.7x
Fri, 29 Dec 2023NZ$2.2bNZ$804.3m-NZ$53,647,398.0036.4x-40.5x2.7x
Sun, 26 Nov 2023NZ$1.8bNZ$788.7m-NZ$46,115,936.0017.7x-39.8x2.3x
Tue, 24 Oct 2023NZ$1.8bNZ$797.6m-NZ$43,077,466.007x-42.5x2.3x
Thu, 21 Sep 2023NZ$1.8bNZ$797.5m-NZ$44,351,466.007.4x-40.3x2.2x
Sat, 19 Aug 2023NZ$1.9bNZ$788.2m-NZ$47,453,466.009.6x-39.6x2.4x
Mon, 17 Jul 2023NZ$1.9bNZ$788.2m-NZ$47,453,466.009.9x-40.3x2.4x
Wed, 14 Jun 2023NZ$1.7bNZ$788.2m-NZ$47,453,466.0010.7x-36.9x2.2x
Fri, 12 May 2023NZ$1.4bNZ$707.7m-NZ$63,284,090.009.7x-22.9x2x
Sun, 09 Apr 2023NZ$1.4bNZ$712.3m-NZ$64,052,090.008.9x-22.3x2x
Tue, 07 Mar 2023NZ$3.2bNZ$1.1b-NZ$21,700,954.0024.1x-148.5x2.9x
Thu, 02 Feb 2023NZ$3.4bNZ$1.1b-NZ$19,740,521.0026.8x-171.1x3.1x
Sat, 31 Dec 2022NZ$3.2bNZ$1.1b-NZ$18,981,617.0026.7x-170.7x3x
Mon, 28 Nov 2022NZ$3.2bNZ$1.1b-NZ$26,584,540.0026.1x-121.1x3x
Wed, 26 Oct 2022NZ$3.1bNZ$1.0bNZ$933.0k17.7x3321.4x3x
Fri, 23 Sep 2022NZ$3.3bNZ$1.0b-NZ$25,018,648.0018.5x-131.1x3.1x
Price to Earnings Ratio

-131.1x


Total Market Cap: NZ$3.3bTotal Earnings: -NZ$25,018,648.00Total Revenue: NZ$1.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Tech Sector Price to Earnings3Y Average -48.8x202320242025
Current Industry PE
  • Investors are optimistic on the New Zealander Information Technology industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have deteriorated over the last three years.
  • Revenues have also declined 6.0% 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-0.96%
Tech0.56%
Electronic Equipment and Components3.62%
IT0%0
Software-0.58%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 55% over the next 5 years.
    • In contrast, the Software industry is expected to see its earnings grow by 48% 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
    		ERD EROADNZ$2.695.5%
    +NZ$26.2m    		128.0%PE359.5x
    		IKE ikeGPS GroupNZ$0.966.7%
    +NZ$11.6m    		68.4%PS7.4x
    		SKO SerkoNZ$2.763.4%
    +NZ$11.1m    		-12.4%PS3.8x
    		TWL Trade Window HoldingsNZ$0.244.3%
    +NZ$1.3m    		0%PS3.9x
    		ENS Enprise GroupNZ$0.540.9%
    +NZ$100.3k    		46.6%PE85.2x

    Latest News

    IKE
    NZ$0.96
    ikeGPS Group
    7D
    6.7%
    1Y
    68.4%
    GTK
    NZ$10.25
    Gentrack Group
    7D
    -1.9%
    1Y
    -5.5%
    SDL
    NZ$0.70
    Solution Dynamics
    7D
    -5.4%
    1Y
    -43.1%
    ENS
    NZ$0.54
    Enprise Group
    7D
    0.9%
    1Y
    46.6%
    VGL
    NZ$3.09
    Vista Group International
    7D
    -0.3%
    1Y
    11.6%
    BPG
    NZ$1.00
    Black Pearl Group
    7D
    -2.0%
    1Y
    -34.6%
    RAK
    NZ$0.87
    Rakon
    7D
    -3.3%
    1Y
    19.2%
    ERD
    NZ$2.69
    EROAD
    7D
    5.5%
    1Y
    128.0%

    EROAD Limited's (NZSE:ERD) 42% Share Price Surge Not Quite Adding Up

    Aug 07
    EROAD Limited's (NZSE:ERD) 42% Share Price Surge Not Quite Adding Up
    TWL
    NZ$0.24
    Trade Window Holdings
    7D
    4.3%
    1Y
    0%
    SKO
    NZ$2.76
    Serko
    7D
    3.4%
    1Y
    -12.4%