Vista Group International Limited's (NZSE:VGL) Business Is Trailing The Industry But Its Shares Aren't
Oct 21
Have your own idea? Try our Stock Screener
New Zealand (NZX) Application Software Industry Analysis
UpdatedDec 11, 2025
DataAggregated Company Financials
Companies6
- 7D-4.9%
- 3M-6.9%
- 1Y-24.5%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 4.9%, driven by Gentrack Group declining 7.6%. In contrast, Serko has gained 5.8%. Overall the industry is down 25% in 12 months. Earnings are forecast to grow by 42% annually.
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, 11 Dec 2025 | NZ$2.1b | NZ$545.8m | -NZ$5,437,706.00 | 26.4x | -393.8x | 3.9x |
| Sat, 08 Nov 2025 | NZ$2.0b | NZ$518.3m | -NZ$11,563,685.00 | 42.7x | -171.9x | 3.8x |
| Mon, 06 Oct 2025 | NZ$2.2b | NZ$518.3m | -NZ$11,563,685.00 | 47.3x | -192.4x | 4.3x |
| Wed, 03 Sep 2025 | NZ$2.2b | NZ$518.3m | -NZ$11,563,685.00 | 49.2x | -191.7x | 4.3x |
| Fri, 01 Aug 2025 | NZ$2.4b | NZ$511.5m | -NZ$12,393,685.00 | 51.9x | -197.3x | 4.8x |
| Sun, 29 Jun 2025 | NZ$2.6b | NZ$511.5m | -NZ$12,393,685.00 | 60.2x | -211x | 5.1x |
| Tue, 27 May 2025 | NZ$2.5b | NZ$512.3m | -NZ$14,516,044.00 | 56.3x | -172.6x | 4.9x |
| Thu, 24 Apr 2025 | NZ$2.5b | NZ$486.3m | -NZ$8,228,044.00 | 63.1x | -303.9x | 5.1x |
| Sat, 22 Mar 2025 | NZ$2.6b | NZ$486.3m | -NZ$8,228,044.00 | 61.6x | -318.9x | 5.4x |
| Mon, 17 Feb 2025 | NZ$2.7b | NZ$475.9m | -NZ$14,698,044.00 | 71.3x | -180.4x | 5.6x |
| Wed, 15 Jan 2025 | NZ$2.6b | NZ$475.9m | -NZ$14,698,044.00 | 68x | -174.9x | 5.4x |
| Fri, 13 Dec 2024 | NZ$2.7b | NZ$475.9m | -NZ$14,698,044.00 | 74.5x | -183.6x | 5.7x |
| Sun, 10 Nov 2024 | NZ$2.3b | NZ$449.6m | -NZ$19,117,615.00 | 73.8x | -122.3x | 5.2x |
| Tue, 08 Oct 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 79.7x | -108.6x | 5.2x |
| Thu, 05 Sep 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 74.4x | -109.1x | 5.2x |
| Sat, 03 Aug 2024 | NZ$2.2b | NZ$445.0m | -NZ$26,851,615.00 | 73.4x | -80.6x | 4.9x |
| Mon, 01 Jul 2024 | NZ$2.1b | NZ$445.0m | -NZ$26,851,615.00 | 73.4x | -76.8x | 4.6x |
| Wed, 29 May 2024 | NZ$2.0b | NZ$439.0m | -NZ$28,434,398.00 | 71.7x | -69.4x | 4.5x |
| Fri, 26 Apr 2024 | NZ$1.8b | NZ$421.3m | -NZ$25,888,398.00 | 45.4x | -68.4x | 4.2x |
| Sun, 24 Mar 2024 | NZ$1.8b | NZ$421.3m | -NZ$25,888,398.00 | 45x | -70.7x | 4.3x |
| Tue, 20 Feb 2024 | NZ$1.7b | NZ$421.7m | -NZ$24,304,398.00 | 42.2x | -71.4x | 4.1x |
| Thu, 18 Jan 2024 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 37x | -52.5x | 3.8x |
| Sat, 16 Dec 2023 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 38x | -52x | 3.7x |
| Mon, 13 Nov 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 28.7x | -32x | 3.7x |
| Wed, 11 Oct 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 27.9x | -31.8x | 3.7x |
| Fri, 08 Sep 2023 | NZ$1.3b | NZ$390.9m | -NZ$44,940,829.00 | 24.6x | -29.8x | 3.4x |
| Sun, 06 Aug 2023 | NZ$1.5b | NZ$383.0m | -NZ$53,369,829.00 | 26.3x | -27.3x | 3.8x |
| Tue, 04 Jul 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25.5x | -25.6x | 3.6x |
| Thu, 01 Jun 2023 | NZ$1.2b | NZ$384.1m | -NZ$56,630,453.00 | 26.6x | -21.5x | 3.2x |
| Sat, 29 Apr 2023 | NZ$1.0b | NZ$341.4m | -NZ$81,098,453.00 | 11.5x | -12.4x | 2.9x |
| Mon, 27 Mar 2023 | NZ$999.8m | NZ$341.4m | -NZ$81,098,453.00 | 11.4x | -12.3x | 2.9x |
| Wed, 22 Feb 2023 | NZ$1.0b | NZ$322.2m | -NZ$82,587,453.00 | 13.3x | -12.4x | 3.2x |
| Fri, 20 Jan 2023 | NZ$968.9m | NZ$282.1m | -NZ$85,150,453.00 | n/a | -11.4x | 3.4x |
| Sun, 18 Dec 2022 | NZ$1.0b | NZ$282.1m | -NZ$85,150,453.00 | n/a | -11.9x | 3.6x |
Price to Earnings Ratio
-11.9x
Current Industry PE
- Investors are relatively neutral on the New Zealander Application Software industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 4.3x.
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 25% 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 | -1.56% | |
| Tech | -5.31% | |
| Software | -4.87% | |
| Application Software | -4.92% | |
| Systems Software | 6.67% | |
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 | |
|---|---|---|---|---|---|
| SKO Serko | NZ$2.88 | 5.1% +NZ$17.3m | -24.6% | PS3.3x |