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New Zealand (NZX) Software Industry Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies8
- 7D-7.5%
- 3M-14.4%
- 1Y0.8%
- YTD-0.9%
Over the last 7 days, the Software industry has dropped 7.5%, driven by a pullback from Vista Group International of 3.4%. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the New Zealand Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 02 Dec 2021 | NZ$1.8b | NZ$260.9m | -NZ$57,635,000.00 | 25x |
| Sat, 30 Oct 2021 | NZ$1.9b | NZ$252.4m | -NZ$71,712,000.00 | 28x |
| Mon, 27 Sep 2021 | NZ$1.9b | NZ$252.4m | -NZ$71,714,000.00 | 30.1x |
| Wed, 25 Aug 2021 | NZ$1.8b | NZ$252.4m | -NZ$71,714,000.00 | 40.5x |
| Thu, 01 Jul 2021 | NZ$1.8b | NZ$252.4m | -NZ$71,714,000.00 | 43.5x |
| Sun, 04 Apr 2021 | NZ$1.6b | NZ$246.4m | -NZ$91,072,700.00 | 17.1x |
| Wed, 06 Jan 2021 | NZ$1.4b | NZ$247.0m | -NZ$109,561,700.00 | 15x |
| Sat, 10 Oct 2020 | NZ$1.2b | NZ$264.9m | -NZ$101,323,202.00 | 17.4x |
| Fri, 03 Jul 2020 | NZ$976.7m | NZ$289.3m | -NZ$74,325,702.00 | 10.3x |
| Mon, 06 Apr 2020 | NZ$641.1m | NZ$305.2m | -NZ$33,663,500.00 | 72.3x |
| Thu, 09 Jan 2020 | NZ$1.7b | NZ$316.4m | -NZ$5,062,425.00 | 304.5x |
| Wed, 02 Oct 2019 | NZ$1.6b | NZ$312.0m | NZ$2.0m | 58.4x |
| Sat, 06 Jul 2019 | NZ$2.1b | NZ$303.0m | NZ$1.5m | 278.3x |
| Tue, 09 Apr 2019 | NZ$1.6b | NZ$293.1m | NZ$438.0k | 113.3x |
| Mon, 31 Dec 2018 | NZ$1.5b | NZ$286.9m | NZ$6.8m | 93x |
PE Ratio
51.4x
Current Industry PE: There is only one profitable company in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall. 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 decreased profits.
Industry Trends
Which industries have driven the changes within the New Zealand Software industry?
| Systems Software | -2.86% | |
| Application Software | -7.55% | |
Industry PE: Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 21.0x. It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth: Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 88% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| SKO Serko | -6.0%NZ$25.0m | 17.0% | PS43.1x | |
| PYS PaySauce | 1.7%+NZ$692.2k | -10.4% | n/a |