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New Zealand (NZX) Tech Sector Analysis
UpdatedApr 14, 2025
DataAggregated Company Financials
Companies10
- 7D-2.7%
- 3M-6.0%
- 1Y18.3%
- YTD-9.1%
Over the last 7 days, the Tech industry has dropped 2.7%, driven by Serko declining 9.1%. Meanwhile, Gentrack Group actually outperformed within the industry, gaining 6.2% in the last week. In the past year, the industry has gained 18%. Earnings are forecast to grow by 43% 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 |
|---|---|---|---|---|---|---|
| Tue, 15 Apr 2025 | NZ$2.8b | NZ$830.7m | -NZ$29,294,044.00 | 15.4x | -97.3x | 3.4x |
| Thu, 13 Mar 2025 | NZ$3.0b | NZ$830.7m | -NZ$29,294,044.00 | 17.8x | -101.9x | 3.6x |
| Sat, 08 Feb 2025 | NZ$3.2b | NZ$818.0m | -NZ$36,762,044.00 | 76.8x | -87.5x | 3.9x |
| Mon, 06 Jan 2025 | NZ$3.1b | NZ$818.0m | -NZ$36,762,044.00 | 72.5x | -84.9x | 3.8x |
| Wed, 04 Dec 2024 | NZ$3.2b | NZ$818.0m | -NZ$36,762,044.00 | 79.4x | -85.8x | 3.9x |
| Fri, 01 Nov 2024 | NZ$2.7b | NZ$802.7m | -NZ$29,954,615.00 | 35.8x | -90.6x | 3.4x |
| Sun, 29 Sep 2024 | NZ$2.8b | NZ$797.1m | -NZ$31,881,615.00 | 47.3x | -86.4x | 3.5x |
| Tue, 27 Aug 2024 | NZ$2.8b | NZ$796.8m | -NZ$37,722,615.00 | 36.8x | -74.7x | 3.5x |
| Thu, 25 Jul 2024 | NZ$2.7b | NZ$797.7m | -NZ$43,400,615.00 | 38.3x | -63.3x | 3.4x |
| Sat, 22 Jun 2024 | NZ$2.5b | NZ$797.7m | -NZ$43,400,615.00 | 33.3x | -56.6x | 3.1x |
| Mon, 20 May 2024 | NZ$2.2b | NZ$801.6m | -NZ$44,547,398.00 | 26.3x | -49.1x | 2.7x |
| Wed, 17 Apr 2024 | NZ$2.3b | NZ$801.6m | -NZ$44,547,398.00 | 33.7x | -51.6x | 2.9x |
| Fri, 15 Mar 2024 | NZ$2.3b | NZ$801.6m | -NZ$44,547,398.00 | 37.8x | -50.9x | 2.8x |
| Sun, 11 Feb 2024 | NZ$2.3b | NZ$804.3m | -NZ$53,647,398.00 | 36.9x | -42.1x | 2.8x |
| Tue, 09 Jan 2024 | NZ$2.2b | NZ$804.3m | -NZ$53,647,398.00 | 37.5x | -40.7x | 2.7x |
| Thu, 07 Dec 2023 | NZ$2.0b | NZ$804.3m | -NZ$53,647,398.00 | 18x | -36.5x | 2.4x |
| Sat, 04 Nov 2023 | NZ$1.8b | NZ$797.6m | -NZ$43,077,466.00 | 6.7x | -41.6x | 2.2x |
| Mon, 02 Oct 2023 | NZ$1.8b | NZ$797.5m | -NZ$44,351,466.00 | 7.2x | -41.2x | 2.3x |
| Wed, 30 Aug 2023 | NZ$1.8b | NZ$796.1m | -NZ$37,916,466.00 | 8.3x | -47.5x | 2.3x |
| Fri, 28 Jul 2023 | NZ$1.9b | NZ$788.2m | -NZ$47,453,466.00 | 10.1x | -40.2x | 2.4x |
| Sun, 25 Jun 2023 | NZ$1.8b | NZ$788.2m | -NZ$47,453,466.00 | 10.5x | -37.9x | 2.3x |
| Tue, 23 May 2023 | NZ$1.6b | NZ$727.8m | -NZ$53,295,090.00 | 9.7x | -29.7x | 2.2x |
| Thu, 20 Apr 2023 | NZ$1.4b | NZ$712.3m | -NZ$64,052,090.00 | 9.1x | -22.2x | 2x |
| Sat, 18 Mar 2023 | NZ$3.3b | NZ$1.1b | -NZ$21,375,143.00 | 27x | -154.7x | 3x |
| Mon, 13 Feb 2023 | NZ$3.5b | NZ$1.1b | -NZ$18,870,895.00 | 26.6x | -182.9x | 3.2x |
| Wed, 11 Jan 2023 | NZ$3.3b | NZ$1.1b | -NZ$19,239,967.00 | 26.9x | -170x | 3x |
| Fri, 09 Dec 2022 | NZ$3.3b | NZ$1.1b | -NZ$19,142,390.00 | 26.4x | -173.4x | 3x |
| Sun, 06 Nov 2022 | NZ$3.2b | NZ$1.0b | NZ$61,164.00 | 19.1x | 52735.6x | 3.2x |
| Tue, 04 Oct 2022 | NZ$3.2b | NZ$1.1b | -NZ$22,847,453.00 | 17.2x | -138x | 3x |
| Thu, 01 Sep 2022 | NZ$3.6b | NZ$1.0b | -NZ$26,252,643.00 | 20.8x | -135.3x | 3.5x |
| Sat, 30 Jul 2022 | NZ$3.6b | NZ$1.0b | -NZ$12,396,047.00 | 20.5x | -291.5x | 3.6x |
| Mon, 27 Jun 2022 | NZ$3.4b | NZ$1.0b | -NZ$12,750,119.00 | 20.9x | -269.9x | 3.4x |
| Wed, 25 May 2022 | NZ$3.8b | NZ$926.1m | -NZ$88,643.00 | 22.7x | -43232.9x | 4.1x |
| Fri, 22 Apr 2022 | NZ$3.7b | NZ$886.7m | NZ$4.0m | 18.9x | 934.3x | 4.2x |
Price to Earnings Ratio
934.3x
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 3.4x.
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 2.3% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the New Zealand Tech sector?
| NZ Market | -1.36% | |
| Tech | -2.71% | |
| IT | 0% | 0 |
| Electronic Equipment and Components | -2.65% | |
| Software | -2.72% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 69% over the next 5 years.
- In contrast, the Software industry is expected to see its earnings grow by 39% 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 | |
|---|---|---|---|---|---|
| GTK Gentrack Group | NZ$10.68 | 6.2% +NZ$66.8m | 28.7% | PE120.5x | |
| VGL Vista Group International | NZ$3.46 | 0.6% +NZ$4.8m | 79.3% | PS5.5x | |
| TWL Trade Window Holdings | NZ$0.18 | 3.5% +NZ$784.6k | -5.9% | PS3.4x | |
| SDL Solution Dynamics | NZ$0.65 | 3.2% +NZ$294.4k | -54.2% | PE3.6x |