Narrative Update • Jun 10

Over the last 7 days, the Alternative Carriers industry has dropped 3.4%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 16%. Looking forward, earnings are forecast to grow by 35% annually.
Has the New Zealand Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 12 Jun 2026 | NZ$4.3b | NZ$1.0b | NZ$24.0m | 179.9x | 179.9x | 4.2x |
| Sun, 10 May 2026 | NZ$4.4b | NZ$1.0b | NZ$24.0m | 183.1x | 183.1x | 4.3x |
| Tue, 07 Apr 2026 | NZ$4.1b | NZ$1.0b | NZ$24.0m | 171.7x | 171.7x | 4x |
| Thu, 05 Mar 2026 | NZ$4.1b | NZ$1.0b | NZ$24.0m | 171.4x | 172.8x | 4.1x |
| Sat, 31 Jan 2026 | NZ$4.1b | NZ$1.0b | NZ$4.0m | 1030.5x | 1028.3x | 4.1x |
| Mon, 29 Dec 2025 | NZ$4.1b | NZ$1.0b | NZ$4.0m | 1020.7x | 1020.7x | 4x |
| Wed, 26 Nov 2025 | NZ$4.1b | NZ$1.0b | NZ$4.0m | 1017.5x | 1017.5x | 4x |
| Fri, 24 Oct 2025 | NZ$4.0b | NZ$1.0b | NZ$4.0m | 1000.1x | 1000.1x | 3.9x |
| Sun, 21 Sep 2025 | NZ$4.1b | NZ$1.0b | NZ$4.0m | 1022.9x | 1022.9x | 4x |
| Tue, 19 Aug 2025 | NZ$4.0b | NZ$1.0b | -NZ$19,000,000.00 | n/a | -212.8x | 4x |
| Thu, 17 Jul 2025 | NZ$3.7b | NZ$1.0b | -NZ$19,000,000.00 | n/a | -196.4x | 3.7x |
| Sat, 14 Jun 2025 | NZ$3.7b | NZ$1.0b | -NZ$19,000,000.00 | n/a | -196.2x | 3.7x |
| Mon, 12 May 2025 | NZ$3.6b | NZ$1.0b | -NZ$19,000,000.00 | n/a | -188.4x | 3.6x |
| Wed, 09 Apr 2025 | NZ$3.4b | NZ$1.0b | -NZ$19,000,000.00 | n/a | -180.6x | 3.4x |
| Fri, 07 Mar 2025 | NZ$3.5b | NZ$1.0b | -NZ$19,000,000.00 | n/a | -183.9x | 3.5x |
| Sun, 02 Feb 2025 | NZ$3.8b | NZ$1.0b | -NZ$9,000,000.00 | n/a | -417.5x | 3.7x |
| Tue, 31 Dec 2024 | NZ$3.8b | NZ$1.0b | -NZ$9,000,000.00 | n/a | -423x | 3.8x |
| Thu, 28 Nov 2024 | NZ$3.9b | NZ$1.0b | -NZ$9,000,000.00 | n/a | -433.6x | 3.9x |
| Sat, 26 Oct 2024 | NZ$3.8b | NZ$1.0b | -NZ$9,000,000.00 | n/a | -423.3x | 3.8x |
| Mon, 23 Sep 2024 | NZ$3.9b | NZ$1.0b | -NZ$9,000,000.00 | n/a | -429.1x | 3.8x |
| Wed, 21 Aug 2024 | NZ$3.4b | NZ$996.0m | NZ$21.0m | 164.3x | 164.3x | 3.5x |
| Fri, 19 Jul 2024 | NZ$3.5b | NZ$996.0m | NZ$21.0m | 164.5x | 164.5x | 3.5x |
| Sun, 16 Jun 2024 | NZ$3.3b | NZ$996.0m | NZ$21.0m | 157x | 157x | 3.3x |
| Tue, 14 May 2024 | NZ$3.1b | NZ$996.0m | NZ$21.0m | 149.2x | 149.2x | 3.1x |
| Thu, 11 Apr 2024 | NZ$3.3b | NZ$996.0m | NZ$21.0m | 157.6x | 157.6x | 3.3x |
| Sat, 09 Mar 2024 | NZ$3.4b | NZ$996.0m | NZ$21.0m | 166.3x | 162.7x | 3.4x |
| Mon, 05 Feb 2024 | NZ$3.5b | NZ$980.0m | NZ$25.0m | 138.2x | 138.2x | 3.5x |
| Wed, 03 Jan 2024 | NZ$3.4b | NZ$980.0m | NZ$25.0m | 136.4x | 136.4x | 3.5x |
| Fri, 01 Dec 2023 | NZ$3.3b | NZ$980.0m | NZ$25.0m | 133x | 130.7x | 3.3x |
| Sun, 29 Oct 2023 | NZ$3.1b | NZ$980.0m | NZ$25.0m | 125.8x | 125.8x | 3.2x |
| Tue, 26 Sep 2023 | NZ$3.3b | NZ$980.0m | NZ$25.0m | 133.7x | 133.7x | 3.4x |
| Thu, 24 Aug 2023 | NZ$3.5b | NZ$980.0m | NZ$25.0m | 139.5x | 139.5x | 3.6x |
| Sat, 22 Jul 2023 | NZ$3.6b | NZ$972.0m | NZ$31.0m | 117x | 117x | 3.7x |
| Mon, 19 Jun 2023 | NZ$3.7b | NZ$972.0m | NZ$31.0m | 120.3x | 120.3x | 3.8x |
120.3x
How does New Zealand Alternative Carriers compare with similar industries?
| NZ Market | 0.30% | |
| Telecom | 3.41% | |
| Telecom Services and Carriers | 3.70% | |
| Alternative Carriers | 4.30% | |
| Integrated Telecom Services | 2.99% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CNU Chorus | NZ$9.88 | 4.4% +NZ$182.2m | 15.0% | PE178.6x |