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New Zealand (NZX) Software Industry Analysis

UpdatedDec 14, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.5%
  • 3M-7.4%
  • 1Y-24.0%
  • YTD-21.7%

Over the last 7 days, the Software industry has remained flat, although notably Serko gained 6.1%. Unfortunately though, the industry is down 24% over the past 12 months. As for the next few years, earnings are expected to grow by 42% per annum.

Industry Valuation and Performance

Has the New Zealand Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025NZ$2.2bNZ$570.7m-NZ$5,538,706.0025.6x-389.7x3.8x
Tue, 11 Nov 2025NZ$2.0bNZ$543.1m-NZ$11,664,685.0044x-173.6x3.7x
Thu, 09 Oct 2025NZ$2.2bNZ$543.2m-NZ$11,437,685.0087.4x-193x4.1x
Sat, 06 Sep 2025NZ$2.3bNZ$543.2m-NZ$11,437,685.0083.6x-198.9x4.2x
Mon, 04 Aug 2025NZ$2.4bNZ$535.7m-NZ$11,402,685.0010.1x-212.8x4.5x
Wed, 02 Jul 2025NZ$2.7bNZ$535.7m-NZ$11,402,685.0014.8x-232.7x5x
Fri, 30 May 2025NZ$2.5bNZ$534.5m-NZ$13,525,044.0015.2x-188.5x4.8x
Sun, 27 Apr 2025NZ$2.5bNZ$510.5m-NZ$7,237,044.0015.4x-347.6x4.9x
Tue, 25 Mar 2025NZ$2.6bNZ$510.5m-NZ$7,237,044.0016.8x-360x5.1x
Thu, 20 Feb 2025NZ$2.7bNZ$497.9m-NZ$14,705,044.0071.7x-181.6x5.4x
Sat, 18 Jan 2025NZ$2.6bNZ$497.9m-NZ$14,705,044.0071.2x-175.9x5.2x
Mon, 16 Dec 2024NZ$2.7bNZ$497.9m-NZ$14,705,044.0074.7x-184.5x5.4x
Wed, 13 Nov 2024NZ$2.4bNZ$471.5m-NZ$19,124,615.0075.6x-125.7x5.1x
Fri, 11 Oct 2024NZ$2.3bNZ$465.9m-NZ$21,180,615.0079.9x-110.6x5x
Sun, 08 Sep 2024NZ$2.3bNZ$466.0m-NZ$21,051,615.0054.3x-111x5x
Tue, 06 Aug 2024NZ$2.1bNZ$466.6m-NZ$32,570,615.0070.2x-64.8x4.5x
Thu, 04 Jul 2024NZ$2.1bNZ$466.6m-NZ$32,570,615.0072.7x-64.4x4.5x
Sat, 01 Jun 2024NZ$2.0bNZ$468.3m-NZ$32,058,398.0069.5x-62.1x4.3x
Mon, 29 Apr 2024NZ$1.8bNZ$442.9m-NZ$31,607,398.0045x-55.6x4x
Wed, 27 Mar 2024NZ$1.9bNZ$442.9m-NZ$31,607,398.0046.1x-59.1x4.2x
Fri, 23 Feb 2024NZ$1.7bNZ$442.5m-NZ$34,583,398.0043.7x-49.9x3.9x
Sun, 21 Jan 2024NZ$1.6bNZ$445.5m-NZ$40,707,398.0036.2x-39x3.6x
Tue, 19 Dec 2023NZ$1.6bNZ$445.5m-NZ$40,707,398.0037.1x-40.4x3.7x
Thu, 16 Nov 2023NZ$1.5bNZ$411.6m-NZ$55,219,829.0028.5x-26.7x3.6x
Sat, 14 Oct 2023NZ$1.5bNZ$411.6m-NZ$55,219,829.0029.3x-27x3.6x
Mon, 11 Sep 2023NZ$1.4bNZ$411.5m-NZ$56,493,829.0024.4x-24.3x3.3x
Wed, 09 Aug 2023NZ$1.4bNZ$402.2m-NZ$59,595,829.0025.4x-24.2x3.6x
Fri, 07 Jul 2023NZ$1.4bNZ$402.2m-NZ$59,595,829.0025.6x-23.9x3.5x
Sun, 04 Jun 2023NZ$1.2bNZ$403.0m-NZ$59,596,000.0025.7x-20.5x3x
Tue, 02 May 2023NZ$1.0bNZ$360.6m-NZ$87,324,453.0011.5x-11.8x2.9x
Thu, 30 Mar 2023NZ$988.4mNZ$360.6m-NZ$87,324,453.0011.3x-11.3x2.7x
Sat, 25 Feb 2023NZ$1.1bNZ$341.0m-NZ$84,423,453.0012.3x-12.6x3.1x
Mon, 23 Jan 2023NZ$989.8mNZ$300.8m-NZ$86,986,453.00n/a-11.4x3.3x
Wed, 21 Dec 2022NZ$1.0bNZ$300.8m-NZ$86,986,453.00n/a-11.8x3.4x
Price to Earnings Ratio

-11.8x


Total Market Cap: NZ$1.0bTotal Earnings: -NZ$86,986,453.00Total Revenue: NZ$300.8mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Software Industry Price to Earnings3Y Average -112.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the New Zealander Software 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 4.1x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 24% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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

NZ Market-0.62%
Tech-1.53%
Software-0.49%
Systems Software3.70%
Application Software-0.51%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 42% over the next 5 years.
    • However this is lower than its past earnings growth rate of 56% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 42% 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
    SKO SerkoNZ$2.956.1%
    +NZ$21.0m
    -22.2%PS3.4x
    ENS Enprise GroupNZ$0.563.7%
    +NZ$401.0k
    -44.0%PS0.5x

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