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New Zealand (NZX) Application Software Industry Analysis
UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies7
- 7D-2.8%
- 3M-13.7%
- 1Y-39.3%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 6.4%, driven by pullbacks in Serko and Vista Group International of 10% and 5.8%, respectively. However, the industry is down 41% over the past year. As for the next few years, earnings are expected to grow by 39% per annum.
Industry Valuation and Performance
Has the New Zealand Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Feb 2026 | NZ$1.7b | NZ$552.8m | -NZ$7,575,943.48 | 22.1x | -218.3x | 3x |
| Sat, 17 Jan 2026 | NZ$2.0b | NZ$552.8m | -NZ$7,549,827.33 | 24.8x | -268.8x | 3.7x |
| Mon, 15 Dec 2025 | NZ$2.1b | NZ$545.8m | -NZ$5,437,706.00 | 25.6x | -394.8x | 3.9x |
| Wed, 12 Nov 2025 | NZ$2.0b | NZ$518.3m | -NZ$11,563,685.00 | 43.9x | -174.9x | 3.9x |
| Fri, 10 Oct 2025 | NZ$2.2b | NZ$518.3m | -NZ$11,563,685.00 | 47.3x | -192x | 4.3x |
| Sun, 07 Sep 2025 | NZ$2.3b | NZ$518.3m | -NZ$11,563,685.00 | 49.2x | -195.8x | 4.4x |
| Tue, 05 Aug 2025 | NZ$2.4b | NZ$511.5m | -NZ$12,393,685.00 | 49.4x | -192.2x | 4.7x |
| Thu, 03 Jul 2025 | NZ$2.6b | NZ$511.5m | -NZ$12,393,685.00 | 59.7x | -212.3x | 5.1x |
| Sat, 31 May 2025 | NZ$2.6b | NZ$511.5m | -NZ$12,393,685.00 | 58x | -210.9x | 5.1x |
| Mon, 28 Apr 2025 | NZ$2.5b | NZ$486.3m | -NZ$8,228,044.00 | 63.8x | -303.8x | 5.1x |
| Wed, 26 Mar 2025 | NZ$2.6b | NZ$486.3m | -NZ$8,228,044.00 | 61.8x | -315.6x | 5.3x |
| Fri, 21 Feb 2025 | NZ$2.7b | NZ$475.9m | -NZ$14,698,044.00 | 69.4x | -180.6x | 5.6x |
| Sun, 19 Jan 2025 | NZ$2.6b | NZ$475.9m | -NZ$14,698,044.00 | 71.2x | -176.6x | 5.5x |
| Tue, 17 Dec 2024 | NZ$2.7b | NZ$475.9m | -NZ$14,698,044.00 | 73.9x | -183.2x | 5.7x |
| Thu, 14 Nov 2024 | NZ$2.4b | NZ$449.6m | -NZ$19,117,615.00 | 74.6x | -124.9x | 5.3x |
| Sat, 12 Oct 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 80.7x | -110.7x | 5.3x |
| Mon, 09 Sep 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 75x | -110x | 5.2x |
| Wed, 07 Aug 2024 | NZ$2.1b | NZ$444.9m | -NZ$20,551,615.00 | 69.8x | -101.9x | 4.7x |
| Fri, 05 Jul 2024 | NZ$2.1b | NZ$445.0m | -NZ$26,851,615.00 | 73.8x | -78.2x | 4.7x |
| Sun, 02 Jun 2024 | NZ$2.0b | NZ$446.7m | -NZ$26,339,398.00 | 69.5x | -75.3x | 4.4x |
| Tue, 30 Apr 2024 | NZ$1.7b | NZ$421.3m | -NZ$25,888,398.00 | 45.2x | -67.2x | 4.1x |
| Thu, 28 Mar 2024 | NZ$1.9b | NZ$421.3m | -NZ$25,888,398.00 | 46.3x | -71.6x | 4.4x |
| Sat, 24 Feb 2024 | NZ$1.8b | NZ$421.1m | -NZ$24,288,398.00 | 44x | -72.9x | 4.2x |
| Mon, 22 Jan 2024 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 36.2x | -51.8x | 3.7x |
| Wed, 20 Dec 2023 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 38x | -53.5x | 3.8x |
| Fri, 17 Nov 2023 | NZ$1.5b | NZ$407.8m | -NZ$32,374,829.00 | 28.5x | -45.5x | 3.6x |
| Sun, 15 Oct 2023 | NZ$1.5b | NZ$390.9m | -NZ$44,940,829.00 | 29.3x | -32.9x | 3.8x |
| Tue, 12 Sep 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 24.3x | -30.1x | 3.5x |
| Thu, 10 Aug 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25.3x | -26.9x | 3.7x |
| Sat, 08 Jul 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25.7x | -26.1x | 3.6x |
| Mon, 05 Jun 2023 | NZ$1.2b | NZ$383.8m | -NZ$53,370,000.00 | 25.7x | -22.7x | 3.2x |
| Wed, 03 May 2023 | NZ$1.0b | NZ$341.4m | -NZ$81,098,453.00 | 11.5x | -12.6x | 3x |
| Fri, 31 Mar 2023 | NZ$1.0b | NZ$341.4m | -NZ$81,098,453.00 | 11.4x | -12.4x | 2.9x |
| Sun, 26 Feb 2023 | NZ$1.0b | NZ$322.2m | -NZ$82,587,453.00 | 12.3x | -12.7x | 3.3x |
Price to Earnings Ratio
-12.7x
Current Industry PE
- Investors are pessimistic on the New Zealander Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have improved over the last three years.
- Revenues for these companies have grown 20% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does New Zealand Application Software compare with similar industries?
| NZ Market | -1.99% | |
| Tech | -3.39% | |
| Software | -2.75% | |
| Application Software | -2.81% | |
| Systems Software | 5.66% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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$7.50 | 4.2% +NZ$33.7m | -37.5% | PE40.4x | |
| LOC Locate Technologies | NZ$0.074 | 1.4% +NZ$297.6k | n/a | PS3.1x |
