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New Zealand (NZX) Software Industry Analysis
UpdatedAug 31, 2024
DataAggregated Company Financials
Companies7
- 7D-0.4%
- 3M13.8%
- 1Y62.0%
- YTD37.5%
The Software industry has been flat over the last week, but Serko has lost 9.9%. The past year has been better, since the industry has gained 62% in that time. Earnings are forecast to grow by 47% annually.
Industry Valuation and Performance
Has the New Zealand Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 31 Aug 2024 | NZ$2.3b | NZ$466.1m | -NZ$21,051,615.00 | 53.5x | -107.8x | 4.9x |
| Mon, 29 Jul 2024 | NZ$2.2b | NZ$466.6m | -NZ$32,570,615.00 | 73.6x | -66.3x | 4.6x |
| Wed, 26 Jun 2024 | NZ$2.1b | NZ$466.6m | -NZ$32,570,615.00 | 73.1x | -63.1x | 4.4x |
| Fri, 24 May 2024 | NZ$1.9b | NZ$460.6m | -NZ$34,153,398.00 | 71x | -56.2x | 4.2x |
| Sun, 21 Apr 2024 | NZ$1.8b | NZ$442.9m | -NZ$31,607,398.00 | 45.2x | -56.9x | 4.1x |
| Tue, 19 Mar 2024 | NZ$1.8b | NZ$442.9m | -NZ$31,607,398.00 | 44.9x | -57.5x | 4.1x |
| Thu, 15 Feb 2024 | NZ$1.7b | NZ$442.5m | -NZ$34,583,398.00 | 40.9x | -49.6x | 3.9x |
| Sat, 13 Jan 2024 | NZ$1.6b | NZ$445.5m | -NZ$40,707,398.00 | 37.4x | -40.3x | 3.7x |
| Mon, 11 Dec 2023 | NZ$1.6b | NZ$445.5m | -NZ$40,707,398.00 | 35.7x | -39x | 3.6x |
| Wed, 08 Nov 2023 | NZ$1.5b | NZ$411.6m | -NZ$55,219,829.00 | 28.6x | -26.3x | 3.5x |
| Fri, 06 Oct 2023 | NZ$1.5b | NZ$411.6m | -NZ$55,219,829.00 | 27.9x | -26.3x | 3.5x |
| Sun, 03 Sep 2023 | NZ$1.4b | NZ$411.9m | -NZ$56,493,829.00 | 26x | -24.6x | 3.4x |
| Tue, 01 Aug 2023 | NZ$1.5b | NZ$402.2m | -NZ$59,595,829.00 | 27x | -24.8x | 3.7x |
| Thu, 29 Jun 2023 | NZ$1.4b | NZ$402.2m | -NZ$59,595,829.00 | 25.1x | -22.8x | 3.4x |
| Sat, 27 May 2023 | NZ$1.2b | NZ$403.3m | -NZ$62,856,453.00 | 26.6x | -19.7x | 3.1x |
| Mon, 24 Apr 2023 | NZ$1.0b | NZ$360.6m | -NZ$87,324,453.00 | 11.5x | -11.7x | 2.8x |
| Wed, 22 Mar 2023 | NZ$1.0b | NZ$360.6m | -NZ$87,324,453.00 | 11.4x | -11.6x | 2.8x |
| Fri, 17 Feb 2023 | NZ$1.1b | NZ$341.0m | -NZ$84,423,453.00 | 13.3x | -13x | 3.2x |
| Sun, 15 Jan 2023 | NZ$1.0b | NZ$300.8m | -NZ$86,986,453.00 | n/a | -11.6x | 3.4x |
| Tue, 13 Dec 2022 | NZ$1.0b | NZ$300.8m | -NZ$86,985,758.00 | n/a | -12x | 3.5x |
| Thu, 10 Nov 2022 | NZ$957.8m | NZ$274.5m | -NZ$78,905,758.00 | n/a | -12.1x | 3.5x |
| Sat, 08 Oct 2022 | NZ$1.2b | NZ$307.3m | -NZ$102,956,758.00 | n/a | -11.5x | 3.8x |
| Mon, 05 Sep 2022 | NZ$1.3b | NZ$307.3m | -NZ$102,956,758.00 | n/a | -12.2x | 4.1x |
| Wed, 03 Aug 2022 | NZ$1.3b | NZ$288.7m | -NZ$86,840,758.00 | n/a | -14.7x | 4.4x |
| Fri, 01 Jul 2022 | NZ$1.2b | NZ$288.7m | -NZ$86,840,758.00 | n/a | -13.7x | 4.1x |
| Sun, 29 May 2022 | NZ$1.2b | NZ$279.4m | -NZ$64,382,000.00 | n/a | -19.2x | 4.4x |
| Tue, 26 Apr 2022 | NZ$1.5b | NZ$272.9m | -NZ$58,150,000.00 | 55.2x | -25.7x | 5.5x |
| Thu, 24 Mar 2022 | NZ$1.5b | NZ$272.9m | -NZ$58,150,000.00 | 49.8x | -25.3x | 5.4x |
| Sat, 19 Feb 2022 | NZ$1.7b | NZ$260.9m | -NZ$57,635,000.00 | 54.2x | -29.6x | 6.5x |
| Mon, 17 Jan 2022 | NZ$1.9b | NZ$260.9m | -NZ$57,635,000.00 | 39.3x | -32.9x | 7.3x |
| Wed, 15 Dec 2021 | NZ$2.0b | NZ$260.9m | -NZ$57,635,000.00 | 23.8x | -34.1x | 7.5x |
| Fri, 12 Nov 2021 | NZ$1.9b | NZ$252.4m | -NZ$71,712,000.00 | n/a | -26.6x | 7.6x |
| Sun, 10 Oct 2021 | NZ$1.9b | NZ$252.4m | -NZ$71,712,000.00 | 30x | -26.9x | 7.7x |
| Tue, 07 Sep 2021 | NZ$1.9b | NZ$252.4m | -NZ$71,714,000.00 | 31.5x | -26x | 7.4x |
Price to Earnings Ratio
-26x
Current Industry PE
- Investors are relatively neutral on the New Zealander 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 4.5x.
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 Market | -0.49% | |
| Tech | -0.43% | |
| Software | -0.36% | |
| Systems Software | 0% | |
| Application Software | -0.36% | |
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 47% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 47% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VGL Vista Group International | NZ$2.99 | 2.7% +NZ$19.0m | 89.2% | PS5x | |
| BPG Black Pearl Group | NZ$1.24 | 15.9% +NZ$9.1m | 148.0% | n/a | |
| GTK Gentrack Group | NZ$10.09 | 0.5% +NZ$5.2m | 125.7% | PE139.2x | |
| TWL Trade Window Holdings | NZ$0.28 | 1.8% +NZ$634.2k | -12.3% | PS5.9x | |
| SDL Solution Dynamics | NZ$1.27 | 1.6% +NZ$294.4k | -33.2% | PE6.6x |