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New Zealand (NZX) Electronic Equipment and Components Industry Analysis

UpdatedNov 28, 2024
DataAggregated Company Financials
Companies3
  • 7D-3.3%
  • 3M-16.6%
  • 1Y7.3%
  • YTD-26.5%

The Electronic Equipment and Components industry is up 3.0% in the last week, with ikeGPS Group up 3.4%. Meanwhile, Rakon actually underperformed within the industry, shrinking 7.2% in the last week. This takes the industry's 12 month performance to a gain of 15%. Looking forward, earnings are forecast to grow by 82% annually.

Industry Valuation and Performance

Has the New Zealand Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Nov 2024NZ$425.0mNZ$339.8m-NZ$11,191,000.0032.3x-38x1.3x
Sat, 26 Oct 2024NZ$427.8mNZ$331.1m-NZ$10,830,000.0035.8x-39.5x1.3x
Mon, 23 Sep 2024NZ$477.1mNZ$331.1m-NZ$10,830,000.0033.3x-44.1x1.4x
Wed, 21 Aug 2024NZ$534.0mNZ$331.1m-NZ$10,830,000.0037.8x-49.3x1.6x
Fri, 19 Jul 2024NZ$488.7mNZ$331.1m-NZ$10,830,000.0037.3x-45.1x1.5x
Sun, 16 Jun 2024NZ$435.4mNZ$331.1m-NZ$10,830,000.0037.8x-40.2x1.3x
Tue, 14 May 2024NZ$429.7mNZ$358.7m-NZ$12,940,000.0024.8x-33.2x1.2x
Thu, 11 Apr 2024NZ$494.2mNZ$358.7m-NZ$12,940,000.0033.7x-38.2x1.4x
Sat, 09 Mar 2024NZ$505.6mNZ$358.7m-NZ$12,940,000.0038.1x-39.1x1.4x
Mon, 05 Feb 2024NZ$553.2mNZ$358.7m-NZ$12,940,000.0038.7x-42.7x1.5x
Wed, 03 Jan 2024NZ$551.5mNZ$358.7m-NZ$12,940,000.0036.4x-42.6x1.5x
Fri, 01 Dec 2023NZ$379.7mNZ$358.7m-NZ$12,940,000.0018x-29.3x1.1x
Sun, 29 Oct 2023NZ$373.4mNZ$386.0mNZ$12.3m6.8x30.3x1x
Tue, 26 Sep 2023NZ$383.2mNZ$386.0mNZ$12.3m7.2x31.1x1x
Thu, 24 Aug 2023NZ$445.2mNZ$386.0mNZ$12.3m7.6x36.1x1.2x
Sat, 22 Jul 2023NZ$455.6mNZ$386.0mNZ$12.3m7.7x36.9x1.2x
Mon, 19 Jun 2023NZ$407.2mNZ$386.0mNZ$12.3m8.8x33x1.1x
Wed, 17 May 2023NZ$409.6mNZ$351.7mNZ$23.5m7.4x17.5x1.2x
Fri, 14 Apr 2023NZ$392.5mNZ$351.7mNZ$23.5m6.4x16.7x1.1x
Sun, 12 Mar 2023NZ$447.6mNZ$351.7mNZ$23.5m7x19.1x1.3x
Tue, 07 Feb 2023NZ$503.1mNZ$351.7mNZ$23.5m7.9x21.4x1.4x
Thu, 05 Jan 2023NZ$479.9mNZ$351.7mNZ$23.5m7.8x20.5x1.4x
Sat, 03 Dec 2022NZ$559.5mNZ$351.7mNZ$23.5m8.8x23.8x1.6x
Mon, 31 Oct 2022NZ$540.6mNZ$302.8mNZ$15.7m7.7x34.5x1.8x
Wed, 28 Sep 2022NZ$568.1mNZ$302.8mNZ$15.7m8.2x36.3x1.9x
Fri, 26 Aug 2022NZ$627.7mNZ$302.8mNZ$15.7m9.3x40.1x2.1x
Sun, 24 Jul 2022NZ$658.5mNZ$302.8mNZ$15.7m9.3x42.1x2.2x
Tue, 21 Jun 2022NZ$575.4mNZ$302.8mNZ$15.7m8.2x36.8x1.9x
Thu, 19 May 2022NZ$748.7mNZ$258.6mNZ$10.9m14.5x68.8x2.9x
Sat, 16 Apr 2022NZ$822.9mNZ$258.6mNZ$10.9m15.7x75.6x3.2x
Mon, 14 Mar 2022NZ$914.7mNZ$258.6mNZ$10.9m16.3x84x3.5x
Wed, 09 Feb 2022NZ$1.0bNZ$258.6mNZ$10.9mn/a94x4x
Fri, 07 Jan 2022NZ$1.2bNZ$258.6mNZ$10.9mn/a109.1x4.6x
Sun, 05 Dec 2021NZ$1.1bNZ$258.6mNZ$10.9m16.9x99.8x4.2x
Price to Earnings Ratio

99.8x


Total Market Cap: NZ$1.1bTotal Earnings: NZ$10.9mTotal Revenue: NZ$258.6mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Electronic Equipment and Components Industry Price to Earnings3Y Average 23.7x202220232024
Current Industry PE
    There are only 3 companies in the New Zealander Electronic industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Electronic industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 9.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the New Zealand Tech industry?

NZ Market3.31%
Tech9.98%
Electronic Equipment and Components-3.34%
Electronic Manufacturing Services0%
Technology Distributors0%
Electronic Equipment and Instruments-0.94%
Electronic Components-7.25%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 18.6x.
    • Analysts are expecting annual earnings growth of 61.6%, which is higher than its past year's earnings decline of 80.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 93% over the next 5 years.
  • In contrast, the Electronic Components industry is expected to see its earnings grow by 62% 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$0.911.1%
+NZ$1.9m
12.3%PS0.9x
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Latest News

IKE

NZ$0.60

ikeGPS Group

7D

-3.2%

1Y

11.1%

ERD

NZ$0.91

EROAD

7D

1.1%

1Y

12.3%