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New Zealand (NZX) Software Industry Analysis
UpdatedDec 14, 2024
DataAggregated Company Financials
Companies7
- 7D-0.7%
- 3M14.6%
- 1Y63.3%
- YTD63.7%
Over the last 7 days, the Software industry has remained flat, although notably Vista Group International gained 5.1%. As for the the longer term, the industry is up 63% over the past 12 months. Looking forward, earnings are forecast to grow by 45% annually.
Industry Valuation and Performance
Has the New Zealand Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 14 Dec 2024 | NZ$2.7b | NZ$497.9m | -NZ$14,705,044.00 | 74.7x | -184.4x | 5.4x |
| Mon, 11 Nov 2024 | NZ$2.4b | NZ$471.5m | -NZ$19,124,615.00 | 73.8x | -122.9x | 5x |
| Wed, 09 Oct 2024 | NZ$2.3b | NZ$465.9m | -NZ$21,180,615.00 | 80.4x | -110x | 5x |
| Fri, 06 Sep 2024 | NZ$2.3b | NZ$466.0m | -NZ$21,051,615.00 | 54.3x | -110.6x | 5x |
| Sun, 04 Aug 2024 | NZ$2.2b | NZ$466.6m | -NZ$32,570,615.00 | 73.4x | -66.7x | 4.7x |
| Tue, 02 Jul 2024 | NZ$2.1b | NZ$466.6m | -NZ$32,570,615.00 | 73.8x | -63.8x | 4.5x |
| Thu, 30 May 2024 | NZ$2.0b | NZ$468.3m | -NZ$32,058,398.00 | 70.9x | -62.1x | 4.3x |
| Sat, 27 Apr 2024 | NZ$1.8b | NZ$442.9m | -NZ$31,607,398.00 | 45x | -55.6x | 4x |
| Mon, 25 Mar 2024 | NZ$1.8b | NZ$442.9m | -NZ$31,607,398.00 | 45x | -58.3x | 4.2x |
| Wed, 21 Feb 2024 | NZ$1.7b | NZ$442.5m | -NZ$34,583,398.00 | 42.2x | -50.5x | 3.9x |
| Fri, 19 Jan 2024 | NZ$1.6b | NZ$445.5m | -NZ$40,707,398.00 | 36.4x | -39.1x | 3.6x |
| Sun, 17 Dec 2023 | NZ$1.6b | NZ$445.5m | -NZ$40,707,398.00 | 38x | -40.4x | 3.7x |
| Tue, 14 Nov 2023 | NZ$1.5b | NZ$411.6m | -NZ$55,219,829.00 | 28.8x | -26.3x | 3.5x |
| Thu, 12 Oct 2023 | NZ$1.4b | NZ$411.6m | -NZ$55,219,829.00 | 28.2x | -26.2x | 3.5x |
| Sat, 09 Sep 2023 | NZ$1.4b | NZ$411.5m | -NZ$56,493,829.00 | 24.4x | -24.3x | 3.3x |
| Mon, 07 Aug 2023 | NZ$1.5b | NZ$402.2m | -NZ$59,595,829.00 | 26.3x | -24.6x | 3.6x |
| Wed, 05 Jul 2023 | NZ$1.4b | NZ$402.2m | -NZ$59,595,829.00 | 25.8x | -23.3x | 3.5x |
| Fri, 02 Jun 2023 | NZ$1.2b | NZ$404.6m | -NZ$59,596,000.00 | 25.6x | -20.4x | 3x |
| Sun, 30 Apr 2023 | NZ$1.0b | NZ$360.6m | -NZ$87,324,453.00 | 11.5x | -11.6x | 2.8x |
| Tue, 28 Mar 2023 | NZ$988.3m | NZ$360.6m | -NZ$87,324,453.00 | 11.3x | -11.3x | 2.7x |
| Thu, 23 Feb 2023 | NZ$1.0b | NZ$341.0m | -NZ$84,423,453.00 | 13.3x | -12.2x | 3x |
| Sat, 21 Jan 2023 | NZ$986.8m | NZ$300.8m | -NZ$86,986,453.00 | n/a | -11.3x | 3.3x |
| Mon, 19 Dec 2022 | NZ$1.0b | NZ$300.8m | -NZ$86,986,453.00 | n/a | -11.9x | 3.4x |
| Wed, 16 Nov 2022 | NZ$976.0m | NZ$274.5m | -NZ$78,905,758.00 | n/a | -12.4x | 3.6x |
| Fri, 14 Oct 2022 | NZ$1.1b | NZ$307.3m | -NZ$102,956,758.00 | n/a | -11x | 3.7x |
| Sun, 11 Sep 2022 | NZ$1.2b | NZ$307.3m | -NZ$102,956,758.00 | n/a | -11.8x | 4x |
| Tue, 09 Aug 2022 | NZ$1.3b | NZ$288.7m | -NZ$86,840,758.00 | n/a | -15.2x | 4.6x |
| Thu, 07 Jul 2022 | NZ$1.2b | NZ$288.7m | -NZ$86,840,758.00 | n/a | -14.1x | 4.3x |
| Sat, 04 Jun 2022 | NZ$1.2b | NZ$284.8m | -NZ$76,017,000.00 | n/a | -15.9x | 4.3x |
| Mon, 02 May 2022 | NZ$1.5b | NZ$272.9m | -NZ$58,150,000.00 | 52.6x | -26.2x | 5.6x |
| Wed, 30 Mar 2022 | NZ$1.5b | NZ$272.9m | -NZ$58,150,000.00 | 55.8x | -26x | 5.5x |
| Fri, 25 Feb 2022 | NZ$1.6b | NZ$260.9m | -NZ$57,635,000.00 | 16x | -28.3x | 6.2x |
| Sun, 23 Jan 2022 | NZ$1.9b | NZ$260.9m | -NZ$57,635,000.00 | 38.1x | -32.1x | 7.1x |
| Tue, 21 Dec 2021 | NZ$1.9b | NZ$260.9m | -NZ$57,635,000.00 | n/a | -32.9x | 7.3x |
Price to Earnings Ratio
-32.9x
Current Industry PE
- Investors are optimistic on the New Zealander Software industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 4.2x is lower than the industry's current PS ratio of 5.4x.
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 | -0.75% | |
| Tech | -0.74% | |
| Software | -0.72% | |
| Systems Software | 8.70% | |
| Application Software | -0.78% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 45% 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 | |
|---|---|---|---|---|---|
| VGL Vista Group International | NZ$3.10 | 5.1% +NZ$35.7m | 113.8% | PS5.2x | |
| ENS Enprise Group | NZ$1.00 | 8.7% +NZ$1.6m | 66.7% | PS0.9x |