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New Zealand (NZX) Tech Sector Analysis
UpdatedJan 30, 2026
DataAggregated Company Financials
Companies11
- 7D-3.3%
- 3M-12.3%
- 1Y-18.9%
- YTD-5.3%
Over the last 7 days, the Tech industry has dropped 3.3%, driven by pullbacks in Vista Group International and Gentrack Group of 7.6% and 3.8%, respectively. Meanwhile, Black Pearl Group actually outperformed within the industry, gaining 13% in the last week. However, the industry is down 19% over the past year. As for the next few years, earnings are expected to grow by 53% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 30 Jan 2026 | NZ$2.7b | NZ$917.3m | -NZ$160,980,724.90 | 41.5x | -16.6x | 2.9x |
| Sun, 28 Dec 2025 | NZ$2.7b | NZ$917.2m | -NZ$160,957,664.63 | 43.4x | -16.7x | 2.9x |
| Tue, 25 Nov 2025 | NZ$2.8b | NZ$888.6m | -NZ$179,556,685.00 | 46x | -15.6x | 3.1x |
| Thu, 23 Oct 2025 | NZ$2.8b | NZ$866.3m | -NZ$32,451,685.00 | 84.1x | -85.6x | 3.2x |
| Sat, 20 Sep 2025 | NZ$3.2b | NZ$866.4m | -NZ$32,224,685.00 | 92x | -99.7x | 3.7x |
| Mon, 18 Aug 2025 | NZ$3.0b | NZ$866.3m | -NZ$31,289,685.00 | 52.3x | -96.8x | 3.5x |
| Wed, 16 Jul 2025 | NZ$3.2b | NZ$858.9m | -NZ$32,189,685.00 | 62.3x | -99.2x | 3.7x |
| Fri, 13 Jun 2025 | NZ$3.2b | NZ$858.9m | -NZ$32,189,685.00 | 63.4x | -98.5x | 3.7x |
| Sun, 11 May 2025 | NZ$3.1b | NZ$830.6m | -NZ$29,294,044.00 | 15.4x | -105x | 3.7x |
| Tue, 08 Apr 2025 | NZ$2.8b | NZ$830.7m | -NZ$29,294,044.00 | 15.4x | -96.6x | 3.4x |
| Thu, 06 Mar 2025 | NZ$3.1b | NZ$830.7m | -NZ$29,294,044.00 | 18.4x | -104.2x | 3.7x |
| Sat, 01 Feb 2025 | NZ$3.1b | NZ$818.0m | -NZ$36,762,044.00 | 73.5x | -85.4x | 3.8x |
| Mon, 30 Dec 2024 | NZ$3.1b | NZ$818.0m | -NZ$36,762,044.00 | 72.8x | -84.4x | 3.8x |
| Wed, 27 Nov 2024 | NZ$2.8b | NZ$811.3m | -NZ$30,315,615.00 | 34.3x | -93.1x | 3.5x |
| Fri, 25 Oct 2024 | NZ$2.7b | NZ$797.0m | -NZ$32,010,615.00 | 35.8x | -83.6x | 3.4x |
| Sun, 22 Sep 2024 | NZ$2.7b | NZ$797.1m | -NZ$31,881,615.00 | 47.1x | -86.3x | 3.4x |
| Tue, 20 Aug 2024 | NZ$2.9b | NZ$797.6m | -NZ$37,100,615.00 | 39.3x | -78.2x | 3.6x |
| Thu, 18 Jul 2024 | NZ$2.7b | NZ$797.7m | -NZ$43,400,615.00 | 37.3x | -62.2x | 3.4x |
| Sat, 15 Jun 2024 | NZ$2.5b | NZ$797.7m | -NZ$43,400,615.00 | 37.8x | -56.9x | 3.1x |
| Mon, 13 May 2024 | NZ$2.2b | NZ$801.6m | -NZ$44,547,398.00 | 31x | -50.1x | 2.8x |
| Wed, 10 Apr 2024 | NZ$2.4b | NZ$801.6m | -NZ$44,547,398.00 | 34.9x | -53.1x | 3x |
| Fri, 08 Mar 2024 | NZ$2.3b | NZ$801.6m | -NZ$44,547,398.00 | 37.8x | -51.1x | 2.8x |
| Sun, 04 Feb 2024 | NZ$2.2b | NZ$804.3m | -NZ$53,647,398.00 | 38.7x | -41.5x | 2.8x |
| Tue, 02 Jan 2024 | NZ$2.2b | NZ$804.3m | -NZ$53,647,398.00 | 36.4x | -40.9x | 2.7x |
| Thu, 30 Nov 2023 | NZ$1.9b | NZ$783.8m | -NZ$54,073,936.00 | 17.7x | -34.4x | 2.4x |
| Sat, 28 Oct 2023 | NZ$1.8b | NZ$797.6m | -NZ$43,077,466.00 | 6.8x | -40.7x | 2.2x |
| Mon, 25 Sep 2023 | NZ$1.8b | NZ$797.5m | -NZ$44,351,466.00 | 7.3x | -40.5x | 2.3x |
| Wed, 23 Aug 2023 | NZ$1.9b | NZ$788.2m | -NZ$47,453,466.00 | 9.6x | -39.7x | 2.4x |
| Fri, 21 Jul 2023 | NZ$1.9b | NZ$788.2m | -NZ$47,453,466.00 | 10.1x | -40.9x | 2.5x |
| Sun, 18 Jun 2023 | NZ$1.8b | NZ$788.2m | -NZ$47,453,466.00 | 10.5x | -38x | 2.3x |
| Tue, 16 May 2023 | NZ$1.5b | NZ$707.7m | -NZ$63,284,090.00 | 9.7x | -23.3x | 2.1x |
| Thu, 13 Apr 2023 | NZ$1.4b | NZ$712.3m | -NZ$64,052,090.00 | 9x | -22.4x | 2x |
| Sat, 11 Mar 2023 | NZ$3.2b | NZ$1.1b | -NZ$20,549,344.00 | 24.3x | -155.7x | 2.8x |
| Mon, 06 Feb 2023 | NZ$3.4b | NZ$1.1b | -NZ$18,967,776.00 | 26.5x | -179x | 3.1x |
Price to Earnings Ratio
-179x
Current Industry PE
- Investors are relatively neutral on the New Zealander Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have deteriorated over the last three years.
- Revenues have also declined 5.6% 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 | -1.35% | |
| Tech | -3.26% | |
| IT | 0% | 0 |
| Software | -3.24% | |
| Electronic Equipment and Components | -3.32% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 81% over the next 5 years.
- In contrast, the Software industry is expected to see its earnings grow by 40% 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 | |
|---|---|---|---|---|---|
| BPG Black Pearl Group | NZ$1.11 | 9.9% +NZ$9.5m | 12.1% | n/a | |
| RAK Rakon | NZ$1.42 | 0.4% +NZ$1.1m | 148.2% | PE206x |