Have your own idea? Try our Stock Screener
New Zealand (NZX) Application Software Industry Analysis
UpdatedMar 01, 2026
DataAggregated Company Financials
Companies7
- 7D8.7%
- 3M-23.7%
- 1Y-35.5%
- YTDn/a
In the last week, the Application Software industry is up 8.8%, with Gentrack Group up 15%. Meanwhile, Serko actually underperformed within the industry, shrinking 5.6% in the last week. In contrast, the industry has lost 35% in the last 12 months. Earnings are forecast to grow by 36% 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 |
|---|---|---|---|---|---|---|
| Sun, 01 Mar 2026 | NZ$1.8b | NZ$543.9m | -NZ$9,721,119.15 | 32.5x | -184.5x | 3.3x |
| Tue, 27 Jan 2026 | NZ$1.9b | NZ$552.7m | -NZ$7,543,058.26 | 23.7x | -256.5x | 3.5x |
| Thu, 25 Dec 2025 | NZ$2.1b | NZ$552.7m | -NZ$7,523,191.52 | 23.6x | -273x | 3.7x |
| Sat, 22 Nov 2025 | NZ$1.9b | NZ$537.3m | -NZ$15,968,685.00 | 39.2x | -116.5x | 3.5x |
| Mon, 20 Oct 2025 | NZ$2.1b | NZ$518.3m | -NZ$11,563,685.00 | 45x | -184.5x | 4.1x |
| Wed, 17 Sep 2025 | NZ$2.3b | NZ$518.3m | -NZ$11,563,685.00 | 50.9x | -199.1x | 4.4x |
| Fri, 15 Aug 2025 | NZ$2.2b | NZ$511.5m | -NZ$12,393,685.00 | 47.9x | -181.3x | 4.4x |
| Sun, 13 Jul 2025 | NZ$2.7b | NZ$511.5m | -NZ$12,393,685.00 | 60.9x | -213.9x | 5.2x |
| Tue, 10 Jun 2025 | NZ$2.6b | NZ$511.5m | -NZ$12,393,685.00 | 60x | -210.7x | 5.1x |
| Thu, 08 May 2025 | NZ$2.6b | NZ$486.3m | -NZ$8,228,044.00 | 69.1x | -319.4x | 5.4x |
| Sat, 05 Apr 2025 | NZ$2.5b | NZ$486.3m | -NZ$8,228,044.00 | 61.1x | -305.2x | 5.2x |
| Mon, 03 Mar 2025 | NZ$2.7b | NZ$486.3m | -NZ$8,228,044.00 | 65.9x | -322.6x | 5.5x |
| Wed, 29 Jan 2025 | NZ$2.7b | NZ$475.9m | -NZ$14,698,044.00 | 71.7x | -180.3x | 5.6x |
| Fri, 27 Dec 2024 | NZ$2.6b | NZ$475.9m | -NZ$14,698,044.00 | 70.1x | -176.7x | 5.5x |
| Sun, 24 Nov 2024 | NZ$2.4b | NZ$449.6m | -NZ$19,117,615.00 | 78.3x | -126.9x | 5.4x |
| Tue, 22 Oct 2024 | NZ$2.4b | NZ$443.9m | -NZ$21,173,615.00 | 78.7x | -111.3x | 5.3x |
| Thu, 19 Sep 2024 | NZ$2.3b | NZ$443.9m | -NZ$21,173,615.00 | 78.3x | -109.7x | 5.2x |
| Sat, 17 Aug 2024 | NZ$2.4b | NZ$444.9m | -NZ$20,551,615.00 | 73.2x | -114.6x | 5.3x |
| Mon, 15 Jul 2024 | NZ$2.2b | NZ$445.0m | -NZ$26,851,615.00 | 76.2x | -80.1x | 4.8x |
| Wed, 12 Jun 2024 | NZ$2.0b | NZ$445.0m | -NZ$26,851,615.00 | 69.8x | -73.9x | 4.5x |
| Fri, 10 May 2024 | NZ$1.7b | NZ$421.3m | -NZ$25,888,398.00 | 45.4x | -67.2x | 4.1x |
| Sun, 07 Apr 2024 | NZ$1.9b | NZ$421.3m | -NZ$25,888,398.00 | 45.7x | -71.6x | 4.4x |
| Tue, 05 Mar 2024 | NZ$1.7b | NZ$421.3m | -NZ$25,888,398.00 | 42.8x | -66.7x | 4.1x |
| Thu, 01 Feb 2024 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 37.1x | -53.4x | 3.8x |
| Sat, 30 Dec 2023 | NZ$1.6b | NZ$424.8m | -NZ$30,428,398.00 | 37.1x | -53.6x | 3.8x |
| Mon, 27 Nov 2023 | NZ$1.5b | NZ$407.9m | -NZ$32,374,829.00 | 28.1x | -45.1x | 3.6x |
| Wed, 25 Oct 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 27.4x | -31.4x | 3.6x |
| Fri, 22 Sep 2023 | NZ$1.4b | NZ$390.9m | -NZ$44,940,829.00 | 24.9x | -30.9x | 3.6x |
| Sun, 20 Aug 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25.8x | -26.7x | 3.7x |
| Tue, 18 Jul 2023 | NZ$1.4b | NZ$383.0m | -NZ$53,369,829.00 | 25.4x | -26.8x | 3.7x |
| Thu, 15 Jun 2023 | NZ$1.3b | NZ$383.0m | -NZ$53,369,829.00 | 26.5x | -25x | 3.5x |
| Sat, 13 May 2023 | NZ$1.0b | NZ$336.7m | -NZ$80,330,453.00 | 11.6x | -12.7x | 3x |
| Mon, 10 Apr 2023 | NZ$1.0b | NZ$341.4m | -NZ$81,098,453.00 | 11.5x | -12.6x | 3x |
| Wed, 08 Mar 2023 | NZ$1.0b | NZ$341.7m | -NZ$81,523,453.00 | 12.9x | -12.8x | 3x |
Price to Earnings Ratio
-12.8x
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 3.2x.
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 17% 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 | 2.56% | |
| Tech | 6.04% | |
| Software | 8.68% | |
| Application Software | 8.74% | |
| 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 | |
|---|---|---|---|---|---|
| GTK Gentrack Group | NZ$8.30 | 15.3% +NZ$123.7m | -26.9% | PE44.7x | |
| VGL Vista Group International | NZ$1.89 | 10.2% +NZ$41.8m | -50.4% | PS2.9x |
