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New Zealand (NZX) Application Software Industry Analysis
UpdatedJan 20, 2026
DataAggregated Company Financials
Companies7
- 7D-5.1%
- 3M-10.1%
- 1Y-26.8%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 5.1%, driven by Gentrack Group declining 6.1%. In contrast, Locate Technologies has gained 14%. However, the industry is down 27% over the past year. As for the next few years, earnings are expected to grow by 40% 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 |
|---|---|---|---|---|---|---|
| Tue, 20 Jan 2026 | NZ$2.0b | NZ$552.7m | -NZ$7,542,649.60 | 24.2x | -266.4x | 3.6x |
| Thu, 18 Dec 2025 | NZ$2.1b | NZ$545.8m | -NZ$5,437,706.00 | 23.9x | -377.7x | 3.8x |
| Sat, 15 Nov 2025 | NZ$2.0b | NZ$518.3m | -NZ$11,563,685.00 | 40.1x | -171.5x | 3.8x |
| Mon, 13 Oct 2025 | NZ$2.2b | NZ$518.3m | -NZ$11,563,685.00 | 47.1x | -191.3x | 4.3x |
| Wed, 10 Sep 2025 | NZ$2.3b | NZ$518.3m | -NZ$11,563,685.00 | 50.3x | -196.8x | 4.4x |
| Fri, 08 Aug 2025 | NZ$2.4b | NZ$511.5m | -NZ$12,393,685.00 | 49.3x | -192.1x | 4.7x |
| Sun, 06 Jul 2025 | NZ$2.7b | NZ$511.5m | -NZ$12,393,685.00 | 61.5x | -218.3x | 5.3x |
| Tue, 03 Jun 2025 | NZ$2.6b | NZ$511.5m | -NZ$12,393,685.00 | 58x | -210.9x | 5.1x |
| Thu, 01 May 2025 | NZ$2.6b | NZ$486.3m | -NZ$8,228,044.00 | 67.9x | -318.8x | 5.4x |
| Sat, 29 Mar 2025 | NZ$2.7b | NZ$486.3m | -NZ$8,228,044.00 | 66.4x | -326.5x | 5.5x |
| Mon, 24 Feb 2025 | NZ$2.6b | NZ$475.9m | -NZ$14,698,044.00 | 70x | -178x | 5.5x |
| Wed, 22 Jan 2025 | NZ$2.6b | NZ$475.9m | -NZ$14,698,044.00 | 71.5x | -176.5x | 5.5x |
| Fri, 20 Dec 2024 | NZ$2.6b | NZ$475.9m | -NZ$14,698,044.00 | 73.2x | -177.9x | 5.5x |
| Sun, 17 Nov 2024 | NZ$2.3b | NZ$449.6m | -NZ$19,117,615.00 | 73.2x | -121x | 5.1x |
| Tue, 15 Oct 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 80.7x | -110.7x | 5.3x |
| Thu, 12 Sep 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 78.6x | -111x | 5.3x |
| Sat, 10 Aug 2024 | NZ$2.2b | NZ$444.9m | -NZ$20,551,615.00 | 70.8x | -109.1x | 5x |
| Mon, 08 Jul 2024 | NZ$2.1b | NZ$445.0m | -NZ$26,851,615.00 | 73.8x | -78x | 4.7x |
| Wed, 05 Jun 2024 | NZ$2.0b | NZ$448.0m | -NZ$26,851,615.00 | 70.1x | -73.9x | 4.4x |
| Fri, 03 May 2024 | NZ$1.7b | NZ$421.3m | -NZ$25,888,398.00 | 44.7x | -67.3x | 4.1x |
| Sun, 31 Mar 2024 | NZ$1.9b | NZ$421.3m | -NZ$25,888,398.00 | 48.7x | -74.8x | 4.6x |
| Tue, 27 Feb 2024 | NZ$1.8b | NZ$420.7m | -NZ$24,288,398.00 | 44.3x | -72.5x | 4.2x |
| Thu, 25 Jan 2024 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 36.8x | -52.6x | 3.8x |
| Sat, 23 Dec 2023 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 36.1x | -52.7x | 3.8x |
| Mon, 20 Nov 2023 | NZ$1.5b | NZ$407.9m | -NZ$32,374,829.00 | 28.4x | -44.8x | 3.6x |
| Wed, 18 Oct 2023 | NZ$1.5b | NZ$390.9m | -NZ$44,940,829.00 | 29.3x | -32.9x | 3.8x |
| Fri, 15 Sep 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 25.6x | -30.9x | 3.6x |
| Sun, 13 Aug 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25.4x | -26.8x | 3.7x |
| Tue, 11 Jul 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25x | -26.3x | 3.7x |
| Thu, 08 Jun 2023 | NZ$1.2b | NZ$383.8m | -NZ$53,370,000.00 | 25.7x | -23.3x | 3.2x |
| Sat, 06 May 2023 | NZ$1.0b | NZ$336.7m | -NZ$80,330,453.00 | 11.5x | -12.6x | 3x |
| Mon, 03 Apr 2023 | NZ$1.0b | NZ$341.4m | -NZ$81,098,453.00 | 11.4x | -12.6x | 3x |
| Wed, 01 Mar 2023 | NZ$1.0b | NZ$322.2m | -NZ$82,587,453.00 | 12.7x | -12.7x | 3.2x |
| Fri, 27 Jan 2023 | NZ$1.1b | NZ$282.1m | -NZ$85,150,453.00 | n/a | -12.4x | 3.8x |
Price to Earnings Ratio
-12.4x
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 3.6x.
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 | -0.65% | |
| Tech | -2.56% | |
| Software | -5.09% | |
| Application Software | -5.12% | |
| Systems Software | 0% | 0 |
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 | |
|---|---|---|---|---|---|
| LOC Locate Technologies | NZ$0.08 | 14.3% +NZ$3.0m | n/a | PS3.4x | |
| BPG Black Pearl Group | NZ$0.97 | 2.6% +NZ$2.4m | -5.8% | n/a | |
| TWL Trade Window Holdings | NZ$0.32 | 1.6% +NZ$812.4k | 60.0% | PS5.8x | |
| SDL Solution Dynamics | NZ$0.74 | 5.7% +NZ$587.3k | 8.0% | PE4.2x |