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New Zealand (NZX) Telecom Services and Carriers Industry Analysis

UpdatedMay 21, 2024
DataAggregated Company Financials
Companies2
  • 7D-1.6%
  • 3M-15.4%
  • 1Y-17.4%
  • YTD-15.2%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 3.2%, driven by Spark New Zealand declining 4.5%. However, the industry is down 18% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the New Zealand Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 May 2024NZ$10.8bNZ$4.9bNZ$448.0m84x24.2x2.2x
Thu, 18 Apr 2024NZ$11.7bNZ$4.9bNZ$448.0m87.5x26x2.4x
Sat, 16 Mar 2024NZ$12.3bNZ$4.9bNZ$448.0m91.4x27.4x2.5x
Mon, 12 Feb 2024NZ$12.9bNZ$5.5bNZ$1.2b73.1x11.1x2.4x
Wed, 10 Jan 2024NZ$12.8bNZ$5.5bNZ$1.2b71.7x11x2.3x
Fri, 08 Dec 2023NZ$12.8bNZ$5.5bNZ$1.2b70.6x11x2.3x
Sun, 05 Nov 2023NZ$12.4bNZ$5.5bNZ$1.2b68.6x10.7x2.3x
Tue, 03 Oct 2023NZ$12.1bNZ$5.5bNZ$1.2b69.2x10.4x2.2x
Thu, 31 Aug 2023NZ$12.8bNZ$5.5bNZ$1.2b74.2x11x2.3x
Sat, 29 Jul 2023NZ$13.2bNZ$5.3bNZ$1.1b64.6x12x2.5x
Mon, 26 Jun 2023NZ$13.1bNZ$5.3bNZ$1.1b63.5x11.9x2.5x
Wed, 24 May 2023NZ$13.3bNZ$5.3bNZ$1.1b63x12.1x2.5x
Fri, 21 Apr 2023NZ$13.4bNZ$5.3bNZ$1.1b66.9x12.2x2.5x
Sun, 19 Mar 2023NZ$12.6bNZ$5.3bNZ$1.1b61.2x11.5x2.4x
Tue, 14 Feb 2023NZ$13.8bNZ$4.7bNZ$474.0m41.6x29x2.9x
Thu, 12 Jan 2023NZ$13.4bNZ$4.7bNZ$474.0m40.2x28.2x2.9x
Sat, 10 Dec 2022NZ$13.5bNZ$4.7bNZ$474.0m40.5x28.4x2.9x
Mon, 07 Nov 2022NZ$13.2bNZ$4.7bNZ$474.0m39.1x27.8x2.8x
Wed, 05 Oct 2022NZ$13.0bNZ$4.7bNZ$474.0m38.3x27.5x2.8x
Fri, 02 Sep 2022NZ$13.6bNZ$4.7bNZ$474.0m40x28.6x2.9x
Sun, 31 Jul 2022NZ$13.1bNZ$4.6bNZ$478.0m40.2x27.4x2.8x
Tue, 28 Jun 2022NZ$12.4bNZ$4.6bNZ$478.0m37.7x26x2.7x
Thu, 26 May 2022NZ$12.1bNZ$4.6bNZ$478.0m36.6x25.2x2.6x
Sat, 23 Apr 2022NZ$12.5bNZ$4.6bNZ$478.0m37.7x26.2x2.7x
Mon, 21 Mar 2022NZ$12.1bNZ$4.6bNZ$478.0m36.9x25.3x2.6x
Wed, 16 Feb 2022NZ$11.3bNZ$4.5bNZ$431.0mn/a26.2x2.5x
Fri, 14 Jan 2022NZ$11.5bNZ$4.5bNZ$431.0mn/a26.7x2.5x
Sun, 12 Dec 2021NZ$11.7bNZ$4.5bNZ$431.0m45.4x27.2x2.6x
Tue, 09 Nov 2021NZ$11.4bNZ$4.5bNZ$431.0mn/a26.5x2.5x
Thu, 07 Oct 2021NZ$11.8bNZ$4.5bNZ$431.0m42.8x27.4x2.6x
Sat, 04 Sep 2021NZ$12.2bNZ$4.5bNZ$431.0m46x28.4x2.7x
Mon, 02 Aug 2021NZ$11.7bNZ$4.5bNZ$431.0m41.2x27.1x2.6x
Price to Earnings Ratio

25.7x


Total Market Cap: NZ$11.3bTotal Earnings: NZ$438.5mTotal Revenue: NZ$4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Telecom Services and Carriers Industry Price to Earnings3Y Average 21.6x202220232024
Current Industry PE
    There are only 2 companies in the New Zealander Telecom industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

NZ Market1.47%
Telecom-1.66%
Telecom Services and Carriers-1.64%
Alternative Carriers0.62%
Integrated Telecom Services-2.53%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 88.9x.
    • Analysts are expecting annual earnings growth of 41.3%, which is higher than its past year's earnings decline of 32.3% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average of 17.6x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 41% over the next 5 years.
  • This is better than its past earnings decline of 32% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 3.4% 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$7.270.6%
+NZ$19.5m
-11.9%PE150.1x
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