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New Zealand (NZX) Telecom Services and Carriers Industry Analysis

UpdatedJun 25, 2026
DataAggregated Company Financials
Companies2
  • 7D-1.9%
  • 3M-4.5%
  • 1Y-6.4%
  • YTD-8.8%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.0%, driven by a pullback from Spark New Zealand of 4.7%. The industry has fallen 4.3% in the last year. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026NZ$7.6bNZ$4.7bNZ$299.0m95.5x25.6x1.6x
Sat, 23 May 2026NZ$8.2bNZ$4.7bNZ$299.0m98.4x27.3x1.7x
Mon, 20 Apr 2026NZ$8.2bNZ$4.7bNZ$299.0m94.8x27.4x1.7x
Wed, 18 Mar 2026NZ$8.3bNZ$4.7bNZ$299.0m91.7x27.8x1.8x
Fri, 13 Feb 2026NZ$8.1bNZ$4.7bNZ$256.0m503.9x31.8x1.7x
Sun, 11 Jan 2026NZ$8.5bNZ$4.7bNZ$256.0m521.7x33.1x1.8x
Tue, 09 Dec 2025NZ$8.3bNZ$4.7bNZ$256.0m505.9x32.4x1.7x
Thu, 06 Nov 2025NZ$8.6bNZ$4.7bNZ$256.0m525.8x33.7x1.8x
Sat, 04 Oct 2025NZ$8.6bNZ$4.7bNZ$256.0m523.1x33.6x1.8x
Mon, 01 Sep 2025NZ$9.1bNZ$4.7bNZ$256.0m542.3x35.7x1.9x
Wed, 30 Jul 2025NZ$8.4bNZ$4.8bNZ$175.0m23.9x47.9x1.7x
Fri, 27 Jun 2025NZ$8.1bNZ$4.8bNZ$175.0m23x46.3x1.7x
Sun, 25 May 2025NZ$7.8bNZ$4.8bNZ$175.0m22x44.4x1.6x
Tue, 22 Apr 2025NZ$7.5bNZ$4.8bNZ$175.0m20.5x42.6x1.5x
Thu, 20 Mar 2025NZ$7.2bNZ$4.8bNZ$175.0m19.7x40.9x1.5x
Sat, 15 Feb 2025NZ$9.0bNZ$4.9bNZ$307.0m16.9x29.3x1.8x
Mon, 13 Jan 2025NZ$9.1bNZ$4.9bNZ$307.0m16.8x29.5x1.9x
Wed, 11 Dec 2024NZ$9.2bNZ$4.9bNZ$307.0m16.4x30.1x1.9x
Fri, 08 Nov 2024NZ$9.3bNZ$4.9bNZ$307.0m17.2x30.2x1.9x
Sun, 06 Oct 2024NZ$9.7bNZ$4.9bNZ$307.0m18.6x31.7x2x
Tue, 03 Sep 2024NZ$10.2bNZ$4.9bNZ$307.0m20.6x33.3x2.1x
Thu, 01 Aug 2024NZ$11.3bNZ$4.9bNZ$448.0m90.8x25.1x2.3x
Sat, 29 Jun 2024NZ$10.9bNZ$4.9bNZ$448.0m88.3x24.3x2.2x
Mon, 27 May 2024NZ$10.8bNZ$4.9bNZ$448.0m84.4x24x2.2x
Wed, 24 Apr 2024NZ$11.8bNZ$4.9bNZ$448.0m86.5x26.3x2.4x
Fri, 22 Mar 2024NZ$12.1bNZ$4.9bNZ$448.0m89.8x27.1x2.5x
Sun, 18 Feb 2024NZ$12.9bNZ$5.5bNZ$1.2b72.9x11.1x2.3x
Tue, 16 Jan 2024NZ$12.8bNZ$5.5bNZ$1.2b72x11.1x2.3x
Thu, 14 Dec 2023NZ$12.7bNZ$5.5bNZ$1.2b70.7x11x2.3x
Sat, 11 Nov 2023NZ$12.6bNZ$5.5bNZ$1.2b69x10.8x2.3x
Mon, 09 Oct 2023NZ$12.2bNZ$5.5bNZ$1.2b70.7x10.5x2.2x
Wed, 06 Sep 2023NZ$12.6bNZ$5.5bNZ$1.2b71.7x10.9x2.3x
Fri, 04 Aug 2023NZ$13.2bNZ$5.3bNZ$1.1b64x12x2.5x
Sun, 02 Jul 2023NZ$13.1bNZ$5.3bNZ$1.1b63.6x11.9x2.4x
Price to Earnings Ratio

11.9x


Total Market Cap: NZ$13.1bTotal Earnings: NZ$1.1bTotal Revenue: NZ$5.3bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Telecom Services and Carriers Industry Price to Earnings3Y Average 27.8x202420252026
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 declined 35% per year over the last three years,
  • Revenues have also declined 4.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

NZ Market-0.25%
Telecom-1.74%
Telecom Services and Carriers-1.93%
Alternative Carriers2.28%
Integrated Telecom Services-6.82%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 142x.
    • Analysts are expecting annual earnings growth of 35.1% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 16.1x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 35% over the next 5 years.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings growth to stay flat 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$9.851.9%
+NZ$78.1m		17.5%PE178.1x

Latest News

CNU
NZ$9.85
Chorus
7D
1.9%
1Y
17.5%
Narrative Update • Jun 24

CNU: Future Returns Will Depend On Stable Dividends And Discount Rate Assumptions

Analysts have trimmed their Chorus price target slightly to NZ$9.46 as lower assumed discount rates, together with a small adjustment to the future P/E expectation, feed through into updated valuation work. What’s in the News for Chorus No recent company specific news items for Chorus have been identified in the provided sources.
SPK
NZ$1.84
Spark New Zealand
7D
-2.9%
1Y
-22.0%
Analysis Article • Jun 18

Spark New Zealand (NZSE:SPK) Stock Could Be 13.9% Undervalued After Dividend Reset

Spark New Zealand (NZSE:SPK) has reset its dividend lower after reduced profitability in a softer New Zealand economy, a shift that puts more attention on the company’s earnings resilience and data centre growth plans. See our latest analysis for Spark New Zealand. At a latest share price of NZ$1.895, Spark New Zealand’s 30 day share price return has fallen 6.19%, while the 1 year total shareholder return is down 9.62%. This may signal fading momentum as investors reassess earnings strength...