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New Zealand (NZX) Software Industry Analysis

UpdatedJul 09, 2025
DataAggregated Company Financials
Companies7
  • 7D1.3%
  • 3M13.2%
  • 1Y22.0%
  • YTD0.5%

In the last week, the Software industry is up 1.3%, with Gentrack Group up 4.6%. This means that the industry has gained 22% over the past year. Earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

Has the New Zealand Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Jul 2025NZ$2.7bNZ$535.7m-NZ$11,402,685.0014x-239.2x5.1x
Fri, 06 Jun 2025NZ$2.7bNZ$535.7m-NZ$11,402,685.0015.2x-232.7x5x
Sun, 04 May 2025NZ$2.7bNZ$510.5m-NZ$7,237,044.0015.4x-372.2x5.3x
Tue, 01 Apr 2025NZ$2.7bNZ$510.5m-NZ$7,237,044.0015.8x-373.8x5.3x
Thu, 27 Feb 2025NZ$2.5bNZ$497.9m-NZ$14,705,044.0064.9x-168.9x5x
Sat, 25 Jan 2025NZ$2.6bNZ$497.9m-NZ$14,705,044.0070x-179x5.3x
Mon, 23 Dec 2024NZ$2.6bNZ$497.9m-NZ$14,705,044.0071.2x-179x5.3x
Wed, 20 Nov 2024NZ$2.4bNZ$471.5m-NZ$19,124,615.0073.3x-124.2x5x
Fri, 18 Oct 2024NZ$2.3bNZ$465.9m-NZ$21,180,615.0076.3x-109.9x5x
Sun, 15 Sep 2024NZ$2.4bNZ$466.0m-NZ$21,051,615.0060x-112.2x5.1x
Tue, 13 Aug 2024NZ$2.3bNZ$466.5m-NZ$26,270,615.0072.2x-87.8x4.9x
Thu, 11 Jul 2024NZ$2.2bNZ$466.6m-NZ$32,570,615.0076.8x-66.3x4.6x
Sat, 08 Jun 2024NZ$2.0bNZ$466.6m-NZ$32,570,615.0069.6x-61.6x4.3x
Mon, 06 May 2024NZ$1.8bNZ$442.9m-NZ$31,607,398.0045.5x-56.8x4.1x
Wed, 03 Apr 2024NZ$1.9bNZ$442.9m-NZ$31,607,398.0046.7x-59.8x4.3x
Fri, 01 Mar 2024NZ$1.8bNZ$442.1m-NZ$36,167,398.0044.1x-48.7x4x
Sun, 28 Jan 2024NZ$1.6bNZ$445.5m-NZ$40,707,398.0036.3x-39.5x3.6x
Tue, 26 Dec 2023NZ$1.6bNZ$445.5m-NZ$40,707,398.0036.1x-39.7x3.6x
Thu, 23 Nov 2023NZ$1.5bNZ$428.6m-NZ$42,653,829.0029.1x-34.2x3.4x
Sat, 21 Oct 2023NZ$1.4bNZ$411.6m-NZ$55,219,829.0027.9x-26.1x3.5x
Mon, 18 Sep 2023NZ$1.4bNZ$411.5m-NZ$56,493,829.0026x-24.8x3.4x
Wed, 16 Aug 2023NZ$1.4bNZ$402.2m-NZ$59,595,829.0025.5x-24.3x3.6x
Fri, 14 Jul 2023NZ$1.4bNZ$402.2m-NZ$59,595,829.0025.2x-24x3.6x
Sun, 11 Jun 2023NZ$1.3bNZ$403.0m-NZ$59,596,000.0025.9x-21.7x3.2x
Tue, 09 May 2023NZ$1.0bNZ$356.0m-NZ$86,556,453.0011.6x-12.1x2.9x
Thu, 06 Apr 2023NZ$1.1bNZ$360.6m-NZ$87,324,453.0011.5x-12x2.9x
Sat, 04 Mar 2023NZ$1.1bNZ$360.5m-NZ$81,523,453.0012.7x-13x2.9x
Mon, 30 Jan 2023NZ$1.1bNZ$300.8m-NZ$86,986,453.00n/a-12.1x3.5x
Wed, 28 Dec 2022NZ$1.0bNZ$300.8m-NZ$86,986,453.00n/a-11.8x3.4x
Fri, 25 Nov 2022NZ$954.0mNZ$275.2m-NZ$81,134,758.00n/a-11.8x3.5x
Sun, 23 Oct 2022NZ$1.0bNZ$274.5m-NZ$78,905,758.00n/a-12.9x3.7x
Tue, 20 Sep 2022NZ$1.2bNZ$307.3m-NZ$102,956,758.00n/a-11.8x3.9x
Thu, 18 Aug 2022NZ$1.3bNZ$288.7m-NZ$86,840,758.00n/a-15.5x4.7x
Sat, 16 Jul 2022NZ$1.2bNZ$288.7m-NZ$86,840,758.00n/a-14x4.2x
Price to Earnings Ratio

-14x


Total Market Cap: NZ$1.2bTotal Earnings: -NZ$86,840,758.00Total Revenue: NZ$288.7mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Software Industry Price to Earnings3Y Average -82.9x202320242025
Current Industry PE
  • Investors are optimistic on the New Zealander Software industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 5.1x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 23% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the New Zealand Tech industry?

NZ Market1.06%
Tech1.91%
Software1.27%
Application Software1.31%
Systems Software-5.48%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 45% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GTK Gentrack GroupNZ$12.854.6%
+NZ$60.3m
19.5%PE121.5x
BPG Black Pearl GroupNZ$1.1425.3%
+NZ$14.9m
78.1%n/a
VGL Vista Group InternationalNZ$3.480.6%
+NZ$4.8m
54.0%PS5.5x
TWL Trade Window HoldingsNZ$0.205.3%
+NZ$1.3m
30.7%PS3.3x