Subdued Growth No Barrier To Vista Group International Limited (NZSE:VGL) With Shares Advancing 32%
Mar 28
New Zealand (NZX) Application Software Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies6
- 7D-3.1%
- 3M13.8%
- 1Y82.7%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 2.3%, driven by Gentrack Group declining 3.4%. Meanwhile, Trade Window Holdings actually outperformed within the industry, gaining 8.1% in the last week. This takes the industry's 12 month performance to a gain of 84%. 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 |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | NZ$1.8b | NZ$421.3m | -NZ$25,888,398.00 | 45.2x | -69.2x | 4.2x |
| Wed, 20 Mar 2024 | NZ$1.8b | NZ$421.3m | -NZ$25,888,398.00 | 45x | -70.1x | 4.3x |
| Fri, 16 Feb 2024 | NZ$1.7b | NZ$421.7m | -NZ$24,304,398.00 | 41.1x | -70x | 4x |
| Sun, 14 Jan 2024 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 37.4x | -53.6x | 3.8x |
| Tue, 12 Dec 2023 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 35.6x | -51.4x | 3.7x |
| Thu, 09 Nov 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 28.7x | -31.8x | 3.7x |
| Sat, 07 Oct 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 28x | -31.8x | 3.7x |
| Mon, 04 Sep 2023 | NZ$1.4b | NZ$391.3m | -NZ$44,940,829.00 | 26x | -30.7x | 3.5x |
| Wed, 02 Aug 2023 | NZ$1.5b | NZ$383.0m | -NZ$53,369,829.00 | 27x | -27.4x | 3.8x |
| Fri, 30 Jun 2023 | NZ$1.3b | NZ$383.0m | -NZ$53,369,829.00 | 25.7x | -25.1x | 3.5x |
| Sun, 28 May 2023 | NZ$1.2b | NZ$384.1m | -NZ$56,630,453.00 | 26.6x | -21.6x | 3.2x |
| Tue, 25 Apr 2023 | NZ$1.0b | NZ$341.4m | -NZ$81,098,453.00 | 11.5x | -12.5x | 3x |
| Thu, 23 Mar 2023 | NZ$977.6m | NZ$341.4m | -NZ$81,098,453.00 | 11.4x | -12.1x | 2.9x |
| Sat, 18 Feb 2023 | NZ$1.1b | NZ$322.2m | -NZ$82,587,453.00 | 13.3x | -13.4x | 3.4x |
| Mon, 16 Jan 2023 | NZ$990.7m | NZ$282.1m | -NZ$85,150,453.00 | n/a | -11.6x | 3.5x |
| Wed, 14 Dec 2022 | NZ$1.0b | NZ$282.1m | -NZ$85,149,758.00 | n/a | -12x | 3.6x |
| Fri, 11 Nov 2022 | NZ$941.2m | NZ$255.8m | -NZ$77,069,758.00 | n/a | -12.2x | 3.7x |
| Sun, 09 Oct 2022 | NZ$1.2b | NZ$288.6m | -NZ$101,120,758.00 | n/a | -11.5x | 4x |
| Tue, 06 Sep 2022 | NZ$1.2b | NZ$288.6m | -NZ$101,120,758.00 | n/a | -12.1x | 4.2x |
| Thu, 04 Aug 2022 | NZ$1.3b | NZ$271.0m | -NZ$86,165,758.00 | n/a | -14.7x | 4.7x |
| Sat, 02 Jul 2022 | NZ$1.2b | NZ$271.0m | -NZ$86,165,758.00 | n/a | -13.6x | 4.3x |
| Mon, 30 May 2022 | NZ$1.2b | NZ$261.7m | -NZ$63,707,000.00 | n/a | -19.1x | 4.6x |
| Wed, 27 Apr 2022 | NZ$1.5b | NZ$255.3m | -NZ$57,475,000.00 | 52x | -25.6x | 5.8x |
| Fri, 25 Mar 2022 | NZ$1.5b | NZ$255.3m | -NZ$57,475,000.00 | 50.2x | -25.7x | 5.8x |
| Sun, 20 Feb 2022 | NZ$1.6b | NZ$244.8m | -NZ$58,733,000.00 | 54.2x | -28x | 6.7x |
| Tue, 18 Jan 2022 | NZ$1.9b | NZ$244.8m | -NZ$58,733,000.00 | 59.6x | -32.5x | 7.8x |
| Thu, 16 Dec 2021 | NZ$1.9b | NZ$244.8m | -NZ$58,733,000.00 | 58.6x | -33.2x | 8x |
| Sat, 13 Nov 2021 | NZ$1.9b | NZ$236.3m | -NZ$72,810,000.00 | n/a | -25.5x | 7.8x |
| Mon, 11 Oct 2021 | NZ$1.9b | NZ$236.3m | -NZ$72,810,000.00 | n/a | -26.1x | 8x |
| Wed, 08 Sep 2021 | NZ$1.8b | NZ$236.3m | -NZ$72,810,000.00 | n/a | -24.6x | 7.6x |
| Fri, 06 Aug 2021 | NZ$1.6b | NZ$236.3m | -NZ$72,810,000.00 | n/a | -22.4x | 6.9x |
| Mon, 10 May 2021 | NZ$1.6b | NZ$236.4m | -NZ$92,141,500.00 | n/a | -17.6x | 6.9x |
Price to Earnings Ratio
-17.6x
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 4.9x is higher than the industry's current 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 21% 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 | -1.08% | |
| Tech | -2.66% | |
| Software | -3.08% | |
| Application Software | -3.11% | |
| Systems Software | 4.00% | |
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 | |
|---|---|---|---|---|---|
| TWL Trade Window Holdings | NZ$0.20 | 6.4% +NZ$1.4m | -47.6% | PS4.2x | |
| SKO Serko | NZ$3.41 | 0.3% +NZ$1.2m | 62.4% | PS6.5x |