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NZX LimitedNZSE:NZX Stock Report

Market Cap NZ$467.5m
Share Price
NZ$1.42
NZ$1.66
14.5% undervalued intrinsic discount
1Y-5.3%
7D3.3%
Portfolio Value
View

NZX Limited

NZSE:NZX Stock Report

Market Cap: NZ$467.5m

NZX (NZX) Stock Overview

Operates a stock exchange in New Zealand. More details

NZX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends4/6

NZX Community Fair Values

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See what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.

NZ$1.66
FV
14.5% undervalued intrinsic discount
6.01%
Revenue growth p.a.
75
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6users have followed this narrative

NZX Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for NZX
Historical stock prices
Current Share PriceNZ$1.42
52 Week HighNZ$1.60
52 Week LowNZ$1.28
Beta0.43
1 Month Change7.58%
3 Month Change-9.55%
1 Year Change-5.33%
3 Year Change22.41%
5 Year Change-30.73%
Change since IPO14,627.24%

Recent News & Updates

Recent updates

It Looks Like Shareholders Would Probably Approve NZX Limited's (NZSE:NZX) CEO Compensation Package

Apr 24
It Looks Like Shareholders Would Probably Approve NZX Limited's (NZSE:NZX) CEO Compensation Package

NZX (NZSE:NZX) Has Announced A Dividend Of NZ$0.0365

Mar 14
NZX (NZSE:NZX) Has Announced A Dividend Of NZ$0.0365

NZX Limited Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next

Feb 25
NZX Limited Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next

NZX (NZSE:NZX) Is Paying Out A Dividend Of NZ$0.0365

Feb 24
NZX (NZSE:NZX) Is Paying Out A Dividend Of NZ$0.0365
User avatar

Integration And Platform Transition Expected To Unlock Operating Efficiencies

Integration of recent acquisitions and platform transitions aim to reduce costs, enhance efficiencies, and improve net margins.

NZX (NZSE:NZX) Will Pay A Dividend Of NZ$0.0353

Aug 26
NZX (NZSE:NZX) Will Pay A Dividend Of NZ$0.0353

Should Shareholders Reconsider NZX Limited's (NZSE:NZX) CEO Compensation Package?

Apr 11
Should Shareholders Reconsider NZX Limited's (NZSE:NZX) CEO Compensation Package?

NZX (NZSE:NZX) Has Affirmed Its Dividend Of NZ$0.0365

Mar 11
NZX (NZSE:NZX) Has Affirmed Its Dividend Of NZ$0.0365

NZX's (NZSE:NZX) Dividend Will Be NZ$0.0365

Feb 26
NZX's (NZSE:NZX) Dividend Will Be NZ$0.0365

NZX (NZSE:NZX) Has Announced A Dividend Of NZ$0.03

Aug 28
NZX (NZSE:NZX) Has Announced A Dividend Of NZ$0.03

NZX (NZSE:NZX) Will Pay A Dividend Of NZ$0.0353

Aug 22
NZX (NZSE:NZX) Will Pay A Dividend Of NZ$0.0353

NZX's (NZSE:NZX) Dividend Will Be NZ$0.035

Aug 31
NZX's (NZSE:NZX) Dividend Will Be NZ$0.035

Is Now The Time To Put NZX (NZSE:NZX) On Your Watchlist?

May 04
Is Now The Time To Put NZX (NZSE:NZX) On Your Watchlist?

Investors In NZX Limited (NZSE:NZX) Should Consider This, First

Mar 27
Investors In NZX Limited (NZSE:NZX) Should Consider This, First

Don't Buy NZX Limited (NZSE:NZX) For Its Next Dividend Without Doing These Checks

Mar 06
Don't Buy NZX Limited (NZSE:NZX) For Its Next Dividend Without Doing These Checks

NZX (NZSE:NZX) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment

Mar 01
NZX (NZSE:NZX) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment

What Percentage Of NZX Limited (NZSE:NZX) Shares Do Insiders Own?

Feb 11
What Percentage Of NZX Limited (NZSE:NZX) Shares Do Insiders Own?

Who Has Been Buying NZX Limited (NZSE:NZX) Shares?

Jan 24
Who Has Been Buying NZX Limited (NZSE:NZX) Shares?

If You Like EPS Growth Then Check Out NZX (NZSE:NZX) Before It's Too Late

Jan 06
If You Like EPS Growth Then Check Out NZX (NZSE:NZX) Before It's Too Late

Are Dividend Investors Making A Mistake With NZX Limited (NZSE:NZX)?

Dec 19
Are Dividend Investors Making A Mistake With NZX Limited (NZSE:NZX)?

Shareholders Of NZX (NZSE:NZX) Must Be Happy With Their 151% Total Return

Nov 30
Shareholders Of NZX (NZSE:NZX) Must Be Happy With Their 151% Total Return

Shareholder Returns

NZXNZ Capital MarketsNZ Market
7D3.3%4.5%-0.7%
1Y-5.3%16.1%5.6%

Return vs Industry: NZX underperformed the NZ Capital Markets industry which returned 16.1% over the past year.

Return vs Market: NZX underperformed the NZ Market which returned 5.6% over the past year.

Price Volatility

Is NZX's price volatile compared to industry and market?
NZX volatility
NZX Average Weekly Movement3.5%
Capital Markets Industry Average Movement5.7%
Market Average Movement3.8%
10% most volatile stocks in NZ Market7.8%
10% least volatile stocks in NZ Market2.8%

Stable Share Price: NZX has not had significant price volatility in the past 3 months compared to the NZ market.

Volatility Over Time: NZX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1866356Graham Lawwww.nzx.com

NZX Limited operates a stock exchange in New Zealand. The company operates through five segments: Capital Markets Origination, Secondary Markets, Information Services, Funds Management, and Wealth Technologies. The Capital Markets Origination segment provides issuer services for current and prospective customers.

NZX Limited Fundamentals Summary

How do NZX's earnings and revenue compare to its market cap?
NZX fundamental statistics
Market capNZ$467.52m
Earnings (TTM)NZ$21.48m
Revenue (TTM)NZ$128.95m
21.8x
P/E Ratio
3.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NZX income statement (TTM)
RevenueNZ$128.95m
Cost of RevenueNZ$73.97m
Gross ProfitNZ$54.98m
Other ExpensesNZ$33.50m
EarningsNZ$21.48m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.065
Gross Margin42.63%
Net Profit Margin16.65%
Debt/Equity Ratio50.5%

How did NZX perform over the long term?

See historical performance and comparison

Dividends

4.4%
Current Dividend Yield
96%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/20 21:03
End of Day Share Price 2026/04/20 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NZX Limited is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher ByrneDeutsche Bank
Benjamin CrozierForsyth Barr Group Ltd.
Adrian AllbonJarden Limited