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New Zealand (NZX) Telecom Sector Analysis

UpdatedJun 07, 2025
DataAggregated Company Financials
Companies5
  • 7D2.2%
  • 3M3.6%
  • 1Y-25.5%
  • YTD-14.6%

Over the last 7 days, the Telecom industry has risen 2.3%, driven by gains from every company within the industry. In contrast, the industry has lost 26% in the last 12 months. Looking forward, earnings are forecast to grow by 28% annually.

Sector Valuation and Performance

Has the New Zealand Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Jun 2025NZ$8.5bNZ$6.0bNZ$176.6m21.6x48.4x1.4x
Mon, 05 May 2025NZ$8.1bNZ$6.0bNZ$176.6m19.5x45.8x1.4x
Wed, 02 Apr 2025NZ$8.0bNZ$6.0bNZ$176.6m19.2x45x1.3x
Fri, 28 Feb 2025NZ$8.3bNZ$6.0bNZ$204.8m19x40.7x1.4x
Sun, 26 Jan 2025NZ$9.7bNZ$6.0bNZ$368.2m16.7x26.3x1.6x
Tue, 24 Dec 2024NZ$9.7bNZ$6.0bNZ$368.2m16.6x26.5x1.6x
Thu, 21 Nov 2024NZ$10.1bNZ$6.0bNZ$368.2m16.8x27.5x1.7x
Sat, 19 Oct 2024NZ$10.1bNZ$6.0bNZ$368.2m16.9x27.3x1.7x
Mon, 16 Sep 2024NZ$10.7bNZ$6.0bNZ$368.2m17.2x29.1x1.8x
Wed, 14 Aug 2024NZ$12.0bNZ$6.1bNZ$514.4m18.7x23.3x2x
Fri, 12 Jul 2024NZ$11.6bNZ$6.1bNZ$514.4m17.8x22.5x1.9x
Sun, 09 Jun 2024NZ$11.2bNZ$6.1bNZ$514.4m17.3x21.7x1.8x
Tue, 07 May 2024NZ$11.8bNZ$6.1bNZ$514.4m19.1x23x2x
Thu, 04 Apr 2024NZ$12.5bNZ$6.1bNZ$514.4m20.2x24.3x2.1x
Sat, 02 Mar 2024NZ$13.2bNZ$6.1bNZ$514.4m21.4x25.7x2.2x
Mon, 29 Jan 2024NZ$13.7bNZ$6.6bNZ$1.2b9.9x11.2x2.1x
Wed, 27 Dec 2023NZ$13.3bNZ$6.6bNZ$1.2b9.5x10.8x2x
Fri, 24 Nov 2023NZ$13.1bNZ$6.6bNZ$1.2b8.9x10.7x2x
Sun, 22 Oct 2023NZ$13.0bNZ$6.6bNZ$1.2b8.8x10.6x2x
Tue, 19 Sep 2023NZ$12.8bNZ$6.6bNZ$1.2b8.9x10.4x1.9x
Thu, 17 Aug 2023NZ$13.7bNZ$6.5bNZ$1.2b8.4x11.8x2.1x
Sat, 15 Jul 2023NZ$13.5bNZ$6.5bNZ$1.2b8x11.6x2.1x
Mon, 12 Jun 2023NZ$13.8bNZ$6.5bNZ$1.2b8.3x11.8x2.1x
Wed, 10 May 2023NZ$14.2bNZ$6.5bNZ$1.2b8.8x12.2x2.2x
Fri, 07 Apr 2023NZ$13.7bNZ$6.5bNZ$1.2b8.6x11.8x2.1x
Sun, 05 Mar 2023NZ$13.5bNZ$6.5bNZ$1.2b9x11.6x2.1x
Tue, 31 Jan 2023NZ$14.1bNZ$5.8bNZ$554.1m15x25.5x2.4x
Thu, 29 Dec 2022NZ$14.4bNZ$5.8bNZ$554.1m15.2x25.9x2.5x
Sat, 26 Nov 2022NZ$13.9bNZ$5.8bNZ$554.1m14.8x25.2x2.4x
Mon, 24 Oct 2022NZ$13.4bNZ$5.8bNZ$554.1m14.5x24.2x2.3x
Wed, 21 Sep 2022NZ$13.7bNZ$5.8bNZ$554.1m14.9x24.7x2.4x
Fri, 19 Aug 2022NZ$14.2bNZ$5.7bNZ$548.3m18.2x25.8x2.5x
Sun, 17 Jul 2022NZ$13.4bNZ$5.7bNZ$548.3m16.8x24.4x2.3x
Tue, 14 Jun 2022NZ$12.6bNZ$5.7bNZ$548.3m16x23x2.2x
Price to Earnings Ratio

23x


Total Market Cap: NZ$12.6bTotal Earnings: NZ$548.3mTotal Revenue: NZ$5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Telecom Sector Price to Earnings3Y Average 22.3x202320242025
Current Industry PE
  • Investors are optimistic on the New Zealander Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 48.2x which is higher than its 3-year average PE of 22.3x.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 31% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the New Zealand Telecom sector?

NZ Market1.46%
Telecom2.20%
Media3.11%
Telecom Services and Carriers2.13%
Wireless Telecom1.28%
Interactive Media and Services0%0
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 29.5x.
    • Analysts are expecting annual earnings growth of 32.1%, which is higher than its past year's earnings decline of 66.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 66% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 28% 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
CNU ChorusNZ$8.473.9%
+NZ$136.7m
12.5%PS3.6x
SPK Spark New ZealandNZ$2.250.7%
+NZ$28.3m
-44.8%PE21.9x
SKT SKY Network TelevisionNZ$2.814.5%
+NZ$16.5m
16.6%PE21.3x
NZM NZMENZ$1.190.8%
+NZ$1.9m
36.8%PS0.6x
VTL VitalNZ$0.401.3%
+NZ$207.7k
49.1%PS0.6x
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Latest News

NZM

NZ$1.19

NZME

7D

0.8%

1Y

36.8%

VTL

NZ$0.40

Vital

7D

1.3%

1Y

49.1%

SPK

NZ$2.25

Spark New Zealand

7D

0.7%

1Y

-44.8%

SKT

NZ$2.81

SKY Network Television

7D

4.5%

1Y

16.6%