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New Zealand (NZX) Software Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies7
  • 7D1.7%
  • 3M20.6%
  • 1Y70.1%
  • YTD8.5%

The Software industry is up 1.7% in the last week, with Gentrack Group up 5.3%. This means that the industry has gained 70% over the past year. Looking forward, earnings are forecast to grow by 60% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024NZ$1.8bNZ$441.9m-NZ$34,567,398.0044x-51.5x4x
Mon, 22 Jan 2024NZ$1.6bNZ$445.5m-NZ$40,707,398.0036.2x-39x3.6x
Wed, 20 Dec 2023NZ$1.6bNZ$445.5m-NZ$40,707,398.0038x-40.3x3.7x
Fri, 17 Nov 2023NZ$1.5bNZ$428.5m-NZ$42,653,829.0028.5x-34.8x3.5x
Sun, 15 Oct 2023NZ$1.5bNZ$411.6m-NZ$55,219,829.0029.3x-27x3.6x
Tue, 12 Sep 2023NZ$1.4bNZ$411.5m-NZ$56,493,829.0024.3x-24.1x3.3x
Thu, 10 Aug 2023NZ$1.4bNZ$402.2m-NZ$59,595,829.0025.3x-24.2x3.6x
Sat, 08 Jul 2023NZ$1.4bNZ$402.2m-NZ$59,595,829.0025.7x-23.6x3.5x
Mon, 05 Jun 2023NZ$1.2bNZ$403.0m-NZ$59,596,000.0025.7x-20.5x3x
Wed, 03 May 2023NZ$1.0bNZ$360.6m-NZ$87,324,453.0011.5x-11.8x2.9x
Fri, 31 Mar 2023NZ$1.0bNZ$360.6m-NZ$87,324,453.0011.4x-11.7x2.8x
Sun, 26 Feb 2023NZ$1.1bNZ$341.0m-NZ$84,423,453.0012.3x-12.6x3.1x
Tue, 24 Jan 2023NZ$989.8mNZ$300.8m-NZ$86,986,453.00n/a-11.4x3.3x
Thu, 22 Dec 2022NZ$1.0bNZ$300.8m-NZ$86,986,453.00n/a-11.7x3.4x
Sat, 19 Nov 2022NZ$972.7mNZ$275.0m-NZ$81,135,453.00n/a-12x3.5x
Mon, 17 Oct 2022NZ$1.1bNZ$307.3m-NZ$102,956,758.00n/a-11.1x3.7x
Wed, 14 Sep 2022NZ$1.2bNZ$307.3m-NZ$102,956,758.00n/a-12x4x
Fri, 12 Aug 2022NZ$1.3bNZ$288.7m-NZ$86,840,758.00n/a-15.2x4.6x
Sun, 10 Jul 2022NZ$1.3bNZ$288.7m-NZ$86,840,758.00n/a-14.5x4.4x
Tue, 07 Jun 2022NZ$1.2bNZ$284.8m-NZ$76,017,000.00n/a-15.9x4.3x
Thu, 05 May 2022NZ$1.5bNZ$272.9m-NZ$58,150,000.0051.4x-25.7x5.5x
Sat, 02 Apr 2022NZ$1.5bNZ$272.9m-NZ$58,150,000.0054.2x-25.8x5.5x
Mon, 28 Feb 2022NZ$1.6bNZ$260.9m-NZ$57,635,000.0033.1x-27.4x6.1x
Wed, 26 Jan 2022NZ$1.7bNZ$260.9m-NZ$57,635,000.0035.9x-30.1x6.6x
Fri, 24 Dec 2021NZ$1.9bNZ$260.9m-NZ$57,635,000.00n/a-33.5x7.4x
Sun, 21 Nov 2021NZ$1.9bNZ$251.4m-NZ$75,799,000.0024.6x-24.5x7.4x
Tue, 19 Oct 2021NZ$1.9bNZ$252.4m-NZ$71,712,000.0028.4x-26.5x7.5x
Thu, 16 Sep 2021NZ$1.8bNZ$252.4m-NZ$71,714,000.0031.8x-25.5x7.3x
Sat, 14 Aug 2021NZ$1.7bNZ$252.4m-NZ$71,714,000.0043.8x-23.6x6.7x
Wed, 09 Jun 2021NZ$1.7bNZ$246.4m-NZ$91,072,700.0026x-18.2x6.7x
Tue, 02 Mar 2021NZ$1.4bNZ$247.0m-NZ$109,561,700.0015.9x-12.4x5.5x
Price to Earnings Ratio

-12.4x


Total Market Cap: NZ$1.4bTotal Earnings: -NZ$109,561,700.00Total Revenue: NZ$247.0mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Software Industry Price to Earnings3Y Average -21.9x202220232024
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 4.8x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 21% 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 Market0.049%
Tech1.83%
Software1.71%
Application Software1.75%
Systems Software-3.51%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 60% over the next 5 years.
    • This is better than its past earnings growth rate of 15% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 60% 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
    GTK Gentrack GroupNZ$7.955.3%
    +NZ$41.3m
    174.1%PE81.6x
    BPG Black Pearl GroupNZ$0.474.4%
    +NZ$1.1m
    20.5%n/a
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