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New Zealand (NZX) Software Industry Analysis

UpdatedApr 14, 2025
DataAggregated Company Financials
Companies7
  • 7D-2.7%
  • 3M-5.7%
  • 1Y28.9%
  • YTD-9.1%

Over the last 7 days, the Software industry has dropped 2.7%, driven by Serko declining 9.1%. In contrast, Gentrack Group has gained 6.2%. In the past year, the industry has gained 29%. As for the next few years, earnings are expected to grow by 39% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Apr 2025NZ$2.5bNZ$510.5m-NZ$7,237,044.0015.4x-339.4x4.8x
Thu, 13 Mar 2025NZ$2.6bNZ$510.5m-NZ$7,237,044.0017.8x-353.3x5x
Sat, 08 Feb 2025NZ$2.8bNZ$497.9m-NZ$14,705,044.0076.8x-189.2x5.6x
Mon, 06 Jan 2025NZ$2.7bNZ$497.9m-NZ$14,705,044.0072.5x-182.9x5.4x
Wed, 04 Dec 2024NZ$2.8bNZ$497.9m-NZ$14,705,044.0079.4x-187.4x5.5x
Fri, 01 Nov 2024NZ$2.3bNZ$471.5m-NZ$19,124,615.0072.1x-119.1x4.8x
Sun, 29 Sep 2024NZ$2.3bNZ$466.0m-NZ$21,051,615.0060.9x-108.3x4.9x
Tue, 27 Aug 2024NZ$2.3bNZ$465.7m-NZ$26,892,615.0072.9x-85.8x5x
Thu, 25 Jul 2024NZ$2.2bNZ$466.6m-NZ$32,570,615.0076.4x-68.5x4.8x
Sat, 22 Jun 2024NZ$2.0bNZ$466.6m-NZ$32,570,615.0072.8x-62.8x4.4x
Mon, 20 May 2024NZ$1.8bNZ$442.9m-NZ$31,607,398.0043.9x-55.5x4x
Wed, 17 Apr 2024NZ$1.8bNZ$442.9m-NZ$31,607,398.0045.7x-57.3x4.1x
Fri, 15 Mar 2024NZ$1.8bNZ$442.9m-NZ$31,607,398.0043.2x-55.8x4x
Sun, 11 Feb 2024NZ$1.7bNZ$445.5m-NZ$40,707,398.0040.2x-42.3x3.9x
Tue, 09 Jan 2024NZ$1.6bNZ$445.5m-NZ$40,707,398.0036.7x-40.1x3.7x
Thu, 07 Dec 2023NZ$1.6bNZ$445.5m-NZ$40,707,398.0036.2x-38.5x3.5x
Sat, 04 Nov 2023NZ$1.4bNZ$411.6m-NZ$55,219,829.0028.6x-25.6x3.4x
Mon, 02 Oct 2023NZ$1.4bNZ$411.5m-NZ$56,493,829.0026.8x-25.6x3.5x
Wed, 30 Aug 2023NZ$1.4bNZ$410.1m-NZ$50,058,829.0025.4x-27.3x3.3x
Fri, 28 Jul 2023NZ$1.5bNZ$402.2m-NZ$59,595,829.0026.5x-24.4x3.6x
Sun, 25 Jun 2023NZ$1.3bNZ$402.2m-NZ$59,595,829.0025.2x-22.4x3.3x
Tue, 23 May 2023NZ$1.2bNZ$376.1m-NZ$76,567,453.0011.6x-15.2x3.1x
Thu, 20 Apr 2023NZ$1.0bNZ$360.6m-NZ$87,324,453.0011.5x-11.7x2.8x
Sat, 18 Mar 2023NZ$1.0bNZ$360.6m-NZ$87,324,453.0011.4x-11.8x2.8x
Mon, 13 Feb 2023NZ$1.1bNZ$341.0m-NZ$84,423,453.0012.3x-13.3x3.3x
Wed, 11 Jan 2023NZ$1.0bNZ$300.8m-NZ$86,986,453.00n/a-11.7x3.4x
Fri, 09 Dec 2022NZ$1.0bNZ$300.8m-NZ$86,985,758.00n/a-12x3.5x
Sun, 06 Nov 2022NZ$995.5mNZ$274.5m-NZ$78,905,758.00n/a-12.6x3.6x
Tue, 04 Oct 2022NZ$1.1bNZ$307.3m-NZ$102,956,758.00n/a-11x3.7x
Thu, 01 Sep 2022NZ$1.3bNZ$306.2m-NZ$101,795,758.00n/a-12.5x4.1x
Sat, 30 Jul 2022NZ$1.2bNZ$288.7m-NZ$86,840,758.00n/a-14.1x4.2x
Mon, 27 Jun 2022NZ$1.2bNZ$288.7m-NZ$86,840,758.00n/a-13.7x4.1x
Wed, 25 May 2022NZ$1.3bNZ$273.2m-NZ$59,668,000.0046.3x-21.1x4.6x
Fri, 22 Apr 2022NZ$1.5bNZ$272.9m-NZ$58,150,000.0057x-25.5x5.4x
Price to Earnings Ratio

-25.5x


Total Market Cap: NZ$1.5bTotal Earnings: -NZ$58,150,000.00Total Revenue: NZ$272.9mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Software Industry Price to Earnings3Y Average -62.8x202320242025
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 4.1x is lower than the industry's current PS ratio of 4.8x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 23% 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-1.36%
Tech-2.71%
Software-2.72%
Systems Software0%0
Application Software-2.73%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio.
    • 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 39% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 39% 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$10.686.2%
+NZ$66.8m
28.7%PE120.5x
VGL Vista Group InternationalNZ$3.460.6%
+NZ$4.8m
79.3%PS5.5x
TWL Trade Window HoldingsNZ$0.183.5%
+NZ$784.6k
-5.9%PS3.4x
SDL Solution DynamicsNZ$0.653.2%
+NZ$294.4k
-54.2%PE3.6x
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Latest News

SKO

NZ$3.21

Serko

7D

-9.1%

1Y

-5.6%

BPG

NZ$0.68

Black Pearl Group

7D

-6.8%

1Y

-1.4%

VGL

NZ$3.46

Vista Group International

7D

0.6%

1Y

79.3%

TWL

NZ$0.18

Trade Window Holdings

7D

3.5%

1Y

-5.9%

SDL

NZ$0.65

Solution Dynamics

7D

3.2%

1Y

-54.2%