Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

New Zealand (NZX) Tech Sector Analysis

UpdatedFeb 05, 2025
DataAggregated Company Financials
Companies10
  • 7D2.1%
  • 3M14.3%
  • 1Y37.5%
  • YTD1.3%

Over the last 7 days, the Tech industry has risen 2.2%, driven by gains from Gentrack Group of 4.4%. In the last 12 months, the industry was up 37%. Earnings are forecast to grow by 46% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Feb 2025NZ$3.2bNZ$818.0m-NZ$36,762,044.0074.8x-86.1x3.9x
Fri, 03 Jan 2025NZ$3.1bNZ$818.0m-NZ$36,762,044.0072.9x-84.8x3.8x
Sun, 01 Dec 2024NZ$3.1bNZ$818.1m-NZ$36,762,044.0078.3x-85.5x3.8x
Tue, 29 Oct 2024NZ$2.6bNZ$797.0m-NZ$32,010,615.0035.8x-82.6x3.3x
Thu, 26 Sep 2024NZ$2.8bNZ$797.1m-NZ$31,881,615.0048.1x-88.4x3.5x
Sat, 24 Aug 2024NZ$2.8bNZ$796.8m-NZ$37,722,615.0036.8x-74.2x3.5x
Mon, 22 Jul 2024NZ$2.7bNZ$797.7m-NZ$43,400,615.0036.8x-63.1x3.4x
Wed, 19 Jun 2024NZ$2.5bNZ$797.7m-NZ$43,400,615.0037.8x-56.7x3.1x
Fri, 17 May 2024NZ$2.2bNZ$801.6m-NZ$44,547,398.0028.7x-49x2.7x
Sun, 14 Apr 2024NZ$2.4bNZ$801.6m-NZ$44,547,398.0034.9x-52.8x2.9x
Tue, 12 Mar 2024NZ$2.3bNZ$801.6m-NZ$44,547,398.0036.9x-51.2x2.8x
Thu, 08 Feb 2024NZ$2.2bNZ$804.3m-NZ$53,647,398.0037.8x-41.6x2.8x
Sat, 06 Jan 2024NZ$2.2bNZ$804.3m-NZ$53,647,398.0036.9x-40.7x2.7x
Mon, 04 Dec 2023NZ$1.9bNZ$804.3m-NZ$53,647,398.0017.7x-35.9x2.4x
Wed, 01 Nov 2023NZ$1.8bNZ$797.6m-NZ$43,077,466.006.9x-41.2x2.2x
Fri, 29 Sep 2023NZ$1.8bNZ$797.5m-NZ$44,351,466.007.4x-41.1x2.3x
Sun, 27 Aug 2023NZ$1.9bNZ$796.1m-NZ$37,916,466.008.4x-49.1x2.3x
Tue, 25 Jul 2023NZ$1.9bNZ$788.2m-NZ$47,453,466.0010.1x-40.3x2.4x
Thu, 22 Jun 2023NZ$1.8bNZ$788.2m-NZ$47,453,466.0010.5x-37.3x2.2x
Sat, 20 May 2023NZ$1.6bNZ$727.8m-NZ$53,295,090.009.6x-29.7x2.2x
Mon, 17 Apr 2023NZ$1.4bNZ$712.3m-NZ$64,052,090.008.9x-22.3x2x
Wed, 15 Mar 2023NZ$3.2bNZ$1.1b-NZ$21,271,341.0024.9x-149x2.8x
Fri, 10 Feb 2023NZ$3.4bNZ$1.1b-NZ$18,852,441.0026.6x-182x3.1x
Sun, 08 Jan 2023NZ$3.3bNZ$1.1b-NZ$19,120,019.0026.9x-171.3x3x
Tue, 06 Dec 2022NZ$3.4bNZ$1.1b-NZ$19,264,645.0026.5x-176.2x3.1x
Thu, 03 Nov 2022NZ$3.3bNZ$1.0b-NZ$563,472.0019.2x-5808.9x3.2x
Sat, 01 Oct 2022NZ$3.2bNZ$1.1b-NZ$23,184,824.0017.4x-137.6x3x
Mon, 29 Aug 2022NZ$3.6bNZ$1.0b-NZ$11,933,020.0020.5x-298.5x3.5x
Wed, 27 Jul 2022NZ$3.5bNZ$1.0b-NZ$12,265,775.0020x-284.9x3.5x
Fri, 24 Jun 2022NZ$3.4bNZ$1.0b-NZ$12,589,784.0020.8x-273.3x3.4x
Sun, 22 May 2022NZ$3.6bNZ$931.3mNZ$606.1k19.9x5908.9x3.8x
Tue, 19 Apr 2022NZ$3.8bNZ$888.3mNZ$4.3m19.1x878.6x4.2x
Thu, 17 Mar 2022NZ$3.8bNZ$888.8mNZ$4.3m19.2x883.7x4.2x
Sat, 12 Feb 2022NZ$4.3bNZ$872.1mNZ$4.5m16.5x952.2x4.9x
Price to Earnings Ratio

952.2x


Total Market Cap: NZ$4.3bTotal Earnings: NZ$4.5mTotal Revenue: NZ$872.1mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Tech Sector Price to Earnings3Y Average 4.1x202320242025
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 3.1x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • Total earnings for the Information Technology industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 2.2% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the New Zealand Tech sector?

NZ Market-0.14%
Tech2.06%
Software2.32%
Electronic Equipment and Components0.41%
IT0%0
Communications0%0
Tech Hardware0%0
Semiconductors0%0
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 74% 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?

    CompanyLast Price7D1YValuation
    		GTK Gentrack GroupNZ$13.307.0%
    +NZ$93.7m    		87.6%PE150.1x
    		VGL Vista Group InternationalNZ$3.397.3%
    +NZ$54.7m    		113.2%PS5.6x
    		RAK RakonNZ$0.605.3%
    +NZ$6.8m    		-53.1%PS1.3x
    		IKE ikeGPS GroupNZ$0.633.3%
    +NZ$3.2m    		18.9%PS4.5x
    Simply Wall St™
    Simply Wall Street Pty Ltd
    Level 7, 320 Pitt Street, Sydney
    Download on the App StoreGet it on Google Play
    Popular Markets
    USAUUKINCAZA
    About UsCareersPlans & PricingLogin
    Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
    Financial Services GuideTerms and ConditionsPrivacy Policy
    Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

    Latest News

    SKO

    NZ$3.51

    Serko

    7D

    -5.9%

    1Y

    -15.4%

    GTK

    NZ$13.30

    Gentrack Group

    7D

    7.0%

    1Y

    87.6%

    IKE

    NZ$0.63

    ikeGPS Group

    7D

    3.3%

    1Y

    18.9%

    ERD

    NZ$1.06

    EROAD

    7D

    -0.9%

    1Y

    19.1%

    VGL

    NZ$3.39

    Vista Group International

    7D

    7.3%

    1Y

    113.2%

    RAK

    NZ$0.60

    Rakon

    7D

    5.3%

    1Y

    -53.1%

    ENS

    NZ$1.07

    Enprise Group

    7D

    -1.8%

    1Y

    n/a

    Enprise Group Limited (NZSE:ENS) Surges 34% Yet Its Low P/S Is No Reason For Excitement

    Dec 30
    Enprise Group Limited (NZSE:ENS) Surges 34% Yet Its Low P/S Is No Reason For Excitement

    BPG

    NZ$0.89

    Black Pearl Group

    7D

    -18.3%

    1Y

    78.0%