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New Zealand (NZX) Tech Sector Analysis

UpdatedJul 11, 2025
DataAggregated Company Financials
Companies10
  • 7D0.6%
  • 3M13.6%
  • 1Y20.5%
  • YTD3.3%

Over the last 7 days, the Tech industry has remained flat, although notably Rakon gained 7.7%. As for the the longer term, the industry is up 21% over the past 12 months. Earnings are forecast to grow by 47% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sun, 21 Aug 2022NZ$3.7bNZ$1.0b-NZ$11,530,909.0021.1x-320.9x3.7x
Tue, 19 Jul 2022NZ$3.5bNZ$1.0b-NZ$11,434,040.0020.1x-309.5x3.5x
Price to Earnings Ratio

-309.5x


Total Market Cap: NZ$3.5bTotal Earnings: -NZ$11,434,040.00Total Revenue: NZ$1.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Tech Sector Price to Earnings3Y Average -58.2x202320242025
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 3.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have deteriorated over the last three years.
  • Revenues have also declined 5.2% 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 Market0.29%
Tech0.61%
Electronic Equipment and Components1.07%
Software0.51%
IT0%0
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 61% over the next 5 years.
    • In contrast, the Software industry is expected to see its earnings grow by 44% 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
    		RAK RakonNZ$0.707.7%
    +NZ$11.4m    		-9.1%PS1.5x
    		IKE ikeGPS GroupNZ$0.931.1%
    +NZ$1.6m    		106.7%PS6x
    		SDL Solution DynamicsNZ$0.601.7%
    +NZ$147.1k    		-48.3%PE3.3x

    Latest News

    IKE
    NZ$0.93
    ikeGPS Group
    7D
    1.1%
    1Y
    106.7%
    TWL
    NZ$0.20
    Trade Window Holdings
    7D
    -9.1%
    1Y
    25.8%
    ERD
    NZ$1.36
    EROAD
    7D
    -6.2%
    1Y
    9.7%
    BPG
    NZ$1.13
    Black Pearl Group
    7D
    -3.4%
    1Y
    91.5%
    SKO
    NZ$2.89
    Serko
    7D
    -8.5%
    1Y
    -19.0%

    Shareholders May Be More Conservative With Serko Limited's (NZSE:SKO) CEO Compensation For Now

    Jun 19
    Shareholders May Be More Conservative With Serko Limited's (NZSE:SKO) CEO Compensation For Now
    RAK
    NZ$0.70
    Rakon
    7D
    7.7%
    1Y
    -9.1%
    GTK
    NZ$12.53
    Gentrack Group
    7D
    -1.2%
    1Y
    17.3%
    ENS
    NZ$0.65
    Enprise Group
    7D
    -11.0%
    1Y
    75.7%

    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
    SDL
    NZ$0.60
    Solution Dynamics
    7D
    1.7%
    1Y
    -48.3%