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New Zealand (NZX) Alternative Carriers Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies1
  • 7D5.2%
  • 3M1.1%
  • 1Y21.0%
  • YTDn/a

In the last week, the Alternative Carriers industry is up 5.2%, with all of the companies up. This means that the industry has gained 21% over the past year. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026NZ$4.2bNZ$1.0bNZ$24.0m173.2x173.2x4.1x
Thu, 19 Feb 2026NZ$4.0bNZ$1.0bNZ$4.0m1004.4x988.2x3.9x
Sat, 17 Jan 2026NZ$4.1bNZ$1.0bNZ$4.0m1035.9x1032.7x4.1x
Mon, 15 Dec 2025NZ$4.1bNZ$1.0bNZ$4.0m1013.1x1013.1x4x
Wed, 12 Nov 2025NZ$4.1bNZ$1.0bNZ$4.0m1028.3x1027.2x4.1x
Fri, 10 Oct 2025NZ$4.0bNZ$1.0bNZ$4.0m1004.4x1004.4x4x
Sun, 07 Sep 2025NZ$4.3bNZ$1.0bNZ$4.0m1073.9x1073.9x4.2x
Tue, 05 Aug 2025NZ$3.8bNZ$1.0b-NZ$19,000,000.00n/a-200x3.8x
Thu, 03 Jul 2025NZ$3.7bNZ$1.0b-NZ$19,000,000.00n/a-195.2x3.7x
Sat, 31 May 2025NZ$3.5bNZ$1.0b-NZ$19,000,000.00n/a-186.1x3.5x
Mon, 28 Apr 2025NZ$3.4bNZ$1.0b-NZ$19,000,000.00n/a-179.3x3.4x
Wed, 26 Mar 2025NZ$3.4bNZ$1.0b-NZ$19,000,000.00n/a-180.6x3.4x
Fri, 21 Feb 2025NZ$3.9bNZ$1.0b-NZ$9,000,000.00n/a-429.1x3.8x
Sun, 19 Jan 2025NZ$3.8bNZ$1.0b-NZ$9,000,000.00n/a-425.7x3.8x
Tue, 17 Dec 2024NZ$3.9bNZ$1.0b-NZ$9,000,000.00n/a-434.9x3.9x
Thu, 14 Nov 2024NZ$3.8bNZ$1.0b-NZ$9,000,000.00n/a-425.2x3.8x
Sat, 12 Oct 2024NZ$3.8bNZ$1.0b-NZ$9,000,000.00n/a-426.7x3.8x
Mon, 09 Sep 2024NZ$3.8bNZ$1.0b-NZ$9,000,000.00n/a-424.7x3.8x
Wed, 07 Aug 2024NZ$3.4bNZ$996.0mNZ$21.0m162.4x162.4x3.4x
Fri, 05 Jul 2024NZ$3.4bNZ$996.0mNZ$21.0m162.2x162.2x3.4x
Sun, 02 Jun 2024NZ$3.2bNZ$996.0mNZ$21.0m152.9x152.9x3.2x
Tue, 30 Apr 2024NZ$3.2bNZ$996.0mNZ$21.0m150.8x150.8x3.2x
Thu, 28 Mar 2024NZ$3.3bNZ$996.0mNZ$21.0m157.1x157.1x3.3x
Sat, 24 Feb 2024NZ$3.5bNZ$980.0mNZ$25.0m137.3x140.1x3.6x
Mon, 22 Jan 2024NZ$3.3bNZ$980.0mNZ$25.0m132.4x132.4x3.4x
Wed, 20 Dec 2023NZ$3.3bNZ$980.0mNZ$25.0m133.3x132.7x3.4x
Fri, 17 Nov 2023NZ$3.3bNZ$980.0mNZ$25.0m132.4x132.8x3.4x
Sun, 15 Oct 2023NZ$3.2bNZ$980.0mNZ$25.0m130x130x3.3x
Tue, 12 Sep 2023NZ$3.2bNZ$980.0mNZ$25.0m128.4x128.4x3.3x
Thu, 10 Aug 2023NZ$3.7bNZ$972.0mNZ$31.0m119.1x119.1x3.8x
Sat, 08 Jul 2023NZ$3.6bNZ$972.0mNZ$31.0m114.5x114.5x3.7x
Mon, 05 Jun 2023NZ$3.7bNZ$972.0mNZ$31.0m120x120x3.8x
Wed, 03 May 2023NZ$3.8bNZ$972.0mNZ$31.0m122.7x122.3x3.9x
Fri, 31 Mar 2023NZ$3.7bNZ$972.0mNZ$31.0m120.2x120.2x3.8x
Price to Earnings Ratio

120.2x


Total Market Cap: NZ$3.7bTotal Earnings: NZ$31.0mTotal Revenue: NZ$972.0mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Alternative Carriers Industry Price to Earnings3Y Average 136.8x202420252026
Current Industry PE
    There is only one company in the New Zealander Alternative Carriers 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 Alternative Carriers industry have declined 8.2% 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 Comparison

How does New Zealand Alternative Carriers compare with similar industries?

NZ Market-1.99%
Telecom-1.71%
Telecom Services and Carriers-1.87%
Alternative Carriers5.16%
Integrated Telecom Services-8.30%
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?

CompanyLast Price7D1YValuation
CNU ChorusNZ$9.471.9%
+NZ$78.1m		19.7%PE171.2x

Latest News

CNU
NZ$9.47
Chorus
7D
1.9%
1Y
19.7%

CNU: Stable Assumptions And Minor Model Tweaks Will Guide Balanced Outlook

Analysts have kept their NZ$9.46 fair value estimate for Chorus broadly unchanged, with only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions to reflect updated modelling rather than a shift in overall conviction. Valuation Changes Fair Value: The fair value estimate of NZ$9.46 per share is unchanged in both the prior and updated models.