There Could Be A Chance Enprise Group Limited's (NZSE:ENS) CEO Will Have Their Compensation Increased
Nov 17
New Zealand (NZX) Software Industry Analysis
UpdatedDec 04, 2022
DataAggregated Company Financials
Companies8
- 7D11.5%
- 3M-4.4%
- 1Y-38.9%
- YTD-44.7%
In the last week, the Software industry is up 12%, with all of the companies up. In the past year, the industry is down 39%. Earnings are forecast to grow by 74% 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 |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | NZ$1.1b | NZ$300.8m | -NZ$86,985,758.00 | n/a | -12.7x | 3.7x |
| Tue, 01 Nov 2022 | NZ$990.6m | NZ$274.5m | -NZ$78,905,758.00 | n/a | -12.6x | 3.6x |
| Thu, 29 Sep 2022 | NZ$1.1b | NZ$307.3m | -NZ$102,956,758.00 | n/a | -10.8x | 3.6x |
| Sat, 27 Aug 2022 | NZ$1.3b | NZ$288.7m | -NZ$87,295,758.00 | n/a | -14.6x | 4.4x |
| Mon, 25 Jul 2022 | NZ$1.2b | NZ$288.7m | -NZ$86,840,758.00 | n/a | -14.1x | 4.3x |
| Wed, 22 Jun 2022 | NZ$1.2b | NZ$288.7m | -NZ$86,840,758.00 | n/a | -13.5x | 4.1x |
| Fri, 20 May 2022 | NZ$1.3b | NZ$274.3m | -NZ$59,668,000.00 | 47.3x | -21.7x | 4.7x |
| Sun, 17 Apr 2022 | NZ$1.5b | NZ$272.9m | -NZ$58,150,000.00 | 59.9x | -25.6x | 5.5x |
| Tue, 15 Mar 2022 | NZ$1.5b | NZ$272.9m | -NZ$58,150,000.00 | 51.7x | -25.5x | 5.4x |
| Thu, 10 Feb 2022 | NZ$1.7b | NZ$260.9m | -NZ$57,635,000.00 | n/a | -30.2x | 6.7x |
| Sat, 08 Jan 2022 | NZ$2.0b | NZ$260.9m | -NZ$57,635,000.00 | 41.1x | -35.4x | 7.8x |
| Mon, 06 Dec 2021 | NZ$1.9b | NZ$260.9m | -NZ$57,635,000.00 | 39.6x | -32.1x | 7.1x |
| Wed, 03 Nov 2021 | NZ$1.9b | NZ$252.4m | -NZ$71,712,000.00 | n/a | -26.6x | 7.5x |
| Fri, 01 Oct 2021 | NZ$1.9b | NZ$252.4m | -NZ$71,714,000.00 | 29.5x | -26.7x | 7.6x |
| Sun, 29 Aug 2021 | NZ$1.8b | NZ$252.4m | -NZ$71,714,000.00 | 39.8x | -25.2x | 7.2x |
| Mon, 05 Jul 2021 | NZ$1.8b | NZ$252.4m | -NZ$71,714,000.00 | 43.5x | -24.7x | 7x |
| Thu, 08 Apr 2021 | NZ$1.6b | NZ$246.4m | -NZ$91,072,700.00 | 17.1x | -17.7x | 6.5x |
| Sun, 10 Jan 2021 | NZ$1.4b | NZ$247.0m | -NZ$109,561,700.00 | 15x | -13x | 5.8x |
| Sat, 03 Oct 2020 | NZ$1.2b | NZ$264.9m | -NZ$101,323,202.00 | 17.4x | -11.6x | 4.4x |
| Tue, 07 Jul 2020 | NZ$976.7m | NZ$289.3m | -NZ$74,325,702.00 | 10.3x | -13.1x | 3.4x |
| Fri, 10 Apr 2020 | NZ$641.1m | NZ$305.2m | -NZ$33,663,500.00 | 72.3x | -19x | 2.1x |
| Thu, 02 Jan 2020 | NZ$1.7b | NZ$316.4m | -NZ$5,062,425.00 | 304.5x | -328.1x | 5.2x |
Price to Earnings Ratio
-328.1x
Current Industry PE
- Investors are pessimistic on the New Zealander Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.2x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Software industry have deteriorated over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the New Zealand Tech industry?
| NZ Market | 1.85% | |
| Tech | 4.46% | |
| Software | 11.50% | |
| Application Software | 11.66% | |
| Systems Software | 2.15% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 74% over the next 5 years.
- In contrast, the Application Software industry is expected to see its earnings grow by 74% 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 | |
|---|---|---|---|---|---|
| GTK Gentrack Group | NZ$2.48 | 45.9% +NZ$79.2m | 40.9% | PS2x | |
| SKO Serko | NZ$2.65 | 6.0% +NZ$17.9m | -58.8% | PS11.3x | |
| VGL Vista Group International | NZ$1.58 | 2.6% +NZ$9.3m | -30.4% | PS3.2x | |
| PYS PaySauce | NZ$0.31 | 6.9% +NZ$2.8m | 10.7% | PS9.3x | |
| TWL Trade Window Holdings | NZ$0.65 | 1.6% +NZ$1.0m | -64.3% | PS14.6x |
