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New Zealand (NZX) Tech Sector Analysis
UpdatedMay 21, 2025
DataAggregated Company Financials
Companies10
- 7D-5.0%
- 3M-5.0%
- 1Y24.5%
- YTD-4.5%
Over the last 7 days, the Tech industry has dropped 1.4%, driven by Gentrack Group declining 5.1%. This takes the industry's 12 month performance to a gain of 27%. As for the next few years, earnings are expected to grow by 47% 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 |
|---|---|---|---|---|---|---|
| Wed, 21 May 2025 | NZ$3.0b | NZ$856.6m | -NZ$35,582,044.00 | 15.4x | -84.3x | 3.5x |
| Fri, 18 Apr 2025 | NZ$2.9b | NZ$830.6m | -NZ$29,294,044.00 | 15.4x | -98.5x | 3.5x |
| Sun, 16 Mar 2025 | NZ$3.1b | NZ$830.7m | -NZ$29,294,044.00 | 17.6x | -105x | 3.7x |
| Tue, 11 Feb 2025 | NZ$3.2b | NZ$818.0m | -NZ$36,762,044.00 | 75.4x | -87.8x | 3.9x |
| Thu, 09 Jan 2025 | NZ$3.2b | NZ$818.0m | -NZ$36,762,044.00 | 71.2x | -85.9x | 3.9x |
| Sat, 07 Dec 2024 | NZ$3.1b | NZ$818.0m | -NZ$36,762,044.00 | 77.5x | -85.5x | 3.8x |
| Mon, 04 Nov 2024 | NZ$2.7b | NZ$802.7m | -NZ$29,954,615.00 | 36.3x | -89.9x | 3.4x |
| Wed, 02 Oct 2024 | NZ$2.7b | NZ$797.1m | -NZ$31,881,615.00 | 47.8x | -85.3x | 3.4x |
| Fri, 30 Aug 2024 | NZ$2.7b | NZ$797.2m | -NZ$31,881,615.00 | 45.6x | -86x | 3.4x |
| Sun, 28 Jul 2024 | NZ$2.7b | NZ$797.7m | -NZ$43,400,615.00 | 40.9x | -62.3x | 3.4x |
| Tue, 25 Jun 2024 | NZ$2.5b | NZ$797.7m | -NZ$43,400,615.00 | 34.8x | -56.9x | 3.1x |
| Thu, 23 May 2024 | NZ$2.3b | NZ$819.3m | -NZ$47,093,398.00 | 26x | -49.6x | 2.9x |
| Sat, 20 Apr 2024 | NZ$2.3b | NZ$801.6m | -NZ$44,547,398.00 | 33.7x | -51.8x | 2.9x |
| Mon, 18 Mar 2024 | NZ$2.3b | NZ$801.6m | -NZ$44,547,398.00 | 36.4x | -51.5x | 2.9x |
| Wed, 14 Feb 2024 | NZ$2.2b | NZ$804.3m | -NZ$53,647,398.00 | 36.1x | -41.8x | 2.8x |
| Fri, 12 Jan 2024 | NZ$2.2b | NZ$804.3m | -NZ$53,647,398.00 | 38.4x | -40.4x | 2.7x |
| Sun, 10 Dec 2023 | NZ$2.0b | NZ$804.3m | -NZ$53,647,398.00 | 18.3x | -37.1x | 2.5x |
| Tue, 07 Nov 2023 | NZ$1.8b | NZ$797.6m | -NZ$43,077,466.00 | 6.8x | -42.5x | 2.3x |
| Thu, 05 Oct 2023 | NZ$1.9b | NZ$797.5m | -NZ$44,351,466.00 | 7.3x | -41.7x | 2.3x |
| Sat, 02 Sep 2023 | NZ$1.8b | NZ$798.0m | -NZ$44,351,466.00 | 8.2x | -41.2x | 2.3x |
| Mon, 31 Jul 2023 | NZ$1.9b | NZ$788.2m | -NZ$47,453,466.00 | 10x | -40.3x | 2.4x |
| Wed, 28 Jun 2023 | NZ$1.8b | NZ$788.2m | -NZ$47,453,466.00 | 10.3x | -38.4x | 2.3x |
| Fri, 26 May 2023 | NZ$1.7b | NZ$757.0m | -NZ$57,072,090.00 | 10.9x | -29.1x | 2.2x |
| Sun, 23 Apr 2023 | NZ$1.4b | NZ$712.3m | -NZ$64,052,090.00 | 9.2x | -22.3x | 2x |
| Tue, 21 Mar 2023 | NZ$1.5b | NZ$712.3m | -NZ$64,052,090.00 | 8.9x | -22.7x | 2x |
| Thu, 16 Feb 2023 | NZ$3.4b | NZ$1.1b | -NZ$19,057,738.00 | 26.8x | -179x | 3.1x |
| Sat, 14 Jan 2023 | NZ$3.3b | NZ$1.1b | -NZ$19,168,459.00 | 26.7x | -171.4x | 3x |
| Mon, 12 Dec 2022 | NZ$3.3b | NZ$1.1b | -NZ$19,467,634.00 | 26.8x | -171.1x | 3.1x |
| Wed, 09 Nov 2022 | NZ$3.2b | NZ$1.0b | -NZ$1,121,302.00 | 19.3x | -2876.6x | 3.2x |
| Fri, 07 Oct 2022 | NZ$3.3b | NZ$1.1b | -NZ$23,138,059.00 | 17.7x | -142.4x | 3.1x |
| Sun, 04 Sep 2022 | NZ$3.5b | NZ$1.0b | -NZ$27,313,434.00 | 20.6x | -127.9x | 3.4x |
| Tue, 02 Aug 2022 | NZ$3.7b | NZ$1.0b | -NZ$12,325,901.00 | 20.7x | -296.6x | 3.6x |
| Thu, 30 Jun 2022 | NZ$3.4b | NZ$1.0b | -NZ$12,188,948.00 | 20.4x | -278.9x | 3.4x |
| Sat, 28 May 2022 | NZ$3.8b | NZ$971.3m | -NZ$3,289,920.00 | 13.5x | -1160.7x | 3.9x |
Price to Earnings Ratio
-1160.7x
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 3.7x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have deteriorated over the last three years.
- Revenues have also declined 3.8% 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 | -0.58% | |
| Tech | -5.00% | |
| IT | 0% | 0 |
| Electronic Equipment and Components | -1.44% | |
| Software | -5.60% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 70% over the next 5 years.
- In contrast, the Software industry is expected to see its earnings grow by 43% 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 | |
|---|---|---|---|---|---|
| ERD EROAD | NZ$0.89 | 3.5% +NZ$5.6m | 2.3% | PS0.9x | |
| TWL Trade Window Holdings | NZ$0.19 | 6.9% +NZ$1.6m | 3.9% | PS3.6x |