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New Zealand (NZX) Tech Sector Analysis

UpdatedAug 27, 2025
DataAggregated Company Financials
Companies10
  • 7D-0.2%
  • 3M-0.9%
  • 1Y7.1%
  • YTD-2.6%

Over the last 7 days, the Tech industry has risen 1.5%, driven by gains from Rakon of 7.5%. This means that the industry has gained 7.4% over the past year. Looking forward, earnings are forecast to grow by 49% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Aug 2025NZ$3.1bNZ$866.3m-NZ$31,289,685.0052.8x-98.6x3.6x
Fri, 25 Jul 2025NZ$3.1bNZ$858.9m-NZ$32,189,685.0058.2x-97.8x3.7x
Sun, 22 Jun 2025NZ$3.1bNZ$858.9m-NZ$32,189,685.0064.3x-96.9x3.6x
Tue, 20 May 2025NZ$3.0bNZ$830.6m-NZ$29,294,044.0015.4x-104x3.7x
Thu, 17 Apr 2025NZ$2.8bNZ$830.6m-NZ$29,294,044.0015.4x-96.3x3.4x
Sat, 15 Mar 2025NZ$3.1bNZ$830.7m-NZ$29,294,044.0017.6x-105x3.7x
Mon, 10 Feb 2025NZ$3.2bNZ$818.0m-NZ$36,762,044.0076.8x-87.8x3.9x
Wed, 08 Jan 2025NZ$3.1bNZ$818.0m-NZ$36,762,044.0073.4x-84.6x3.8x
Fri, 06 Dec 2024NZ$3.1bNZ$818.0m-NZ$36,762,044.0078.6x-84.7x3.8x
Sun, 03 Nov 2024NZ$2.7bNZ$802.7m-NZ$29,954,615.0036.3x-89.9x3.4x
Tue, 01 Oct 2024NZ$2.7bNZ$797.1m-NZ$31,881,615.0046.8x-84.5x3.4x
Thu, 29 Aug 2024NZ$2.8bNZ$796.8m-NZ$37,722,615.0040.3x-74.1x3.5x
Sat, 27 Jul 2024NZ$2.7bNZ$797.7m-NZ$43,400,615.0040.9x-62.3x3.4x
Mon, 24 Jun 2024NZ$2.5bNZ$797.7m-NZ$43,400,615.0033.3x-56.6x3.1x
Wed, 22 May 2024NZ$2.4bNZ$819.3m-NZ$47,093,398.0027.2x-49.9x2.9x
Fri, 19 Apr 2024NZ$2.3bNZ$801.6m-NZ$44,547,398.0033.7x-51.8x2.9x
Sun, 17 Mar 2024NZ$2.3bNZ$801.6m-NZ$44,547,398.0036.4x-51.5x2.9x
Tue, 13 Feb 2024NZ$2.2bNZ$804.3m-NZ$53,647,398.0036.4x-41.8x2.8x
Thu, 11 Jan 2024NZ$2.1bNZ$804.3m-NZ$53,647,398.0038.1x-40x2.7x
Sat, 09 Dec 2023NZ$2.0bNZ$804.3m-NZ$53,647,398.0018.3x-37.1x2.5x
Mon, 06 Nov 2023NZ$1.8bNZ$797.6m-NZ$43,077,466.006.7x-41.6x2.2x
Wed, 04 Oct 2023NZ$1.9bNZ$797.5m-NZ$44,351,466.007.1x-41.7x2.3x
Fri, 01 Sep 2023NZ$1.8bNZ$798.0m-NZ$44,351,466.008.2x-41.2x2.3x
Sun, 30 Jul 2023NZ$1.9bNZ$788.2m-NZ$47,453,466.0010x-40.3x2.4x
Tue, 27 Jun 2023NZ$1.8bNZ$788.2m-NZ$47,453,466.0010.3x-38.3x2.3x
Thu, 25 May 2023NZ$1.7bNZ$757.0m-NZ$57,072,090.0010.9x-29.1x2.2x
Sat, 22 Apr 2023NZ$1.4bNZ$712.3m-NZ$64,052,090.009.2x-22.2x2x
Mon, 20 Mar 2023NZ$1.5bNZ$712.3m-NZ$64,052,090.008.9x-22.7x2x
Wed, 15 Feb 2023NZ$3.4bNZ$1.1b-NZ$19,066,964.0026.7x-179.4x3.1x
Fri, 13 Jan 2023NZ$3.3bNZ$1.1b-NZ$19,113,098.0026.8x-171.5x3x
Sun, 11 Dec 2022NZ$3.3bNZ$1.1b-NZ$19,467,634.0026.8x-171.1x3.1x
Tue, 08 Nov 2022NZ$3.2bNZ$1.0b-NZ$1,121,302.0019.3x-2876.6x3.2x
Thu, 06 Oct 2022NZ$3.3bNZ$1.1b-NZ$23,522,194.0017.5x-138.5x3.1x
Sat, 03 Sep 2022NZ$3.5bNZ$1.0b-NZ$26,748,924.0020.4x-130.6x3.4x
Price to Earnings Ratio

-130.6x


Total Market Cap: NZ$3.5bTotal Earnings: -NZ$26,748,924.00Total Revenue: NZ$1.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Tech Sector Price to Earnings3Y Average -49.9x202320242025
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 3.6x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have deteriorated over the last three years.
  • Revenues have also declined 5.7% 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 Market0.89%
Tech-0.16%
Electronic Equipment and Components1.91%
IT0%0
Software-0.90%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 56% over the next 5 years.
    • In contrast, the Software industry is expected to see its earnings grow by 47% 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$2.441.7%
    +NZ$7.5m    		103.3%PE326.1x
    		RAK RakonNZ$0.833.8%
    +NZ$6.8m    		3.8%PS1.8x
    		IKE ikeGPS GroupNZ$0.961.1%
    +NZ$1.9m    		47.7%PS7.4x

    Latest News

    VGL
    NZ$3.12
    Vista Group International
    7D
    -1.0%
    1Y
    4.0%
    BPG
    NZ$0.98
    Black Pearl Group
    7D
    -3.9%
    1Y
    -21.6%
    RAK
    NZ$0.83
    Rakon
    7D
    3.8%
    1Y
    3.8%
    IKE
    NZ$0.96
    ikeGPS Group
    7D
    1.1%
    1Y
    47.7%
    GTK
    NZ$9.95
    Gentrack Group
    7D
    -1.5%
    1Y
    -1.0%

    Gentrack Group Limited's (NZSE:GTK) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

    Aug 12
    Gentrack Group Limited's (NZSE:GTK) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
    ERD
    NZ$2.44
    EROAD
    7D
    1.7%
    1Y
    103.3%

    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$0.21
    Trade Window Holdings
    7D
    -8.7%
    1Y
    -30.0%
    ENS
    NZ$0.53
    Enprise Group
    7D
    -7.0%
    1Y
    63.1%

    Enprise Group Limited's (NZSE:ENS) 26% Dip In Price Shows Sentiment Is Matching Revenues

    Jul 25
    Enprise Group Limited's (NZSE:ENS) 26% Dip In Price Shows Sentiment Is Matching Revenues
    SKO
    NZ$2.45
    Serko
    7D
    -3.9%
    1Y
    -25.8%