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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies14
  • 7D-1.6%
  • 3M-11.7%
  • 1Y-24.5%
  • YTD-15.5%

Over the last 7 days, the Consumer Discretionary industry has dropped 1.6%, driven by SkyCity Entertainment Group declining 3.6%. Overall the industry is down 25% in 12 months. Looking forward, earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

Has the New Zealand Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023NZ$5.5bNZ$9.7bNZ$295.1m17.1x18.8x0.6x
Wed, 27 Sep 2023NZ$5.7bNZ$9.7bNZ$330.4m15.9x17.1x0.6x
Fri, 25 Aug 2023NZ$6.0bNZ$9.6bNZ$355.3m15.1x16.8x0.6x
Sun, 23 Jul 2023NZ$6.2bNZ$9.6bNZ$381.1m14.6x16.3x0.7x
Tue, 20 Jun 2023NZ$6.2bNZ$9.6bNZ$378.5m13.3x16.4x0.6x
Thu, 18 May 2023NZ$6.5bNZ$9.6bNZ$373.6m14.2x17.5x0.7x
Sat, 15 Apr 2023NZ$6.6bNZ$9.6bNZ$373.6m14.1x17.6x0.7x
Mon, 13 Mar 2023NZ$6.8bNZ$9.2bNZ$370.4m15.8x18.3x0.7x
Wed, 08 Feb 2023NZ$6.9bNZ$9.0bNZ$324.4m13.5x21.4x0.8x
Fri, 06 Jan 2023NZ$6.6bNZ$9.0bNZ$324.4m12.2x20.5x0.7x
Sun, 04 Dec 2022NZ$7.4bNZ$9.0bNZ$324.4m13.1x22.7x0.8x
Tue, 01 Nov 2022NZ$7.5bNZ$9.0bNZ$326.2m12.7x23.1x0.8x
Thu, 29 Sep 2022NZ$7.5bNZ$9.0bNZ$326.0m13.4x23.1x0.8x
Sat, 27 Aug 2022NZ$8.0bNZ$8.9bNZ$369.6m13.7x21.6x0.9x
Mon, 25 Jul 2022NZ$8.1bNZ$9.0bNZ$460.6m13.9x17.6x0.9x
Wed, 22 Jun 2022NZ$8.1bNZ$9.0bNZ$460.6m12.9x17.6x0.9x
Fri, 20 May 2022NZ$8.4bNZ$9.0bNZ$468.5m14.5x18x0.9x
Sun, 17 Apr 2022NZ$8.9bNZ$9.0bNZ$468.5m15.7x19.1x1x
Tue, 15 Mar 2022NZ$8.8bNZ$9.1bNZ$505.6m14.4x17.4x1x
Thu, 10 Feb 2022NZ$9.4bNZ$9.1bNZ$623.6m16.8x15.1x1x
Sat, 08 Jan 2022NZ$10.2bNZ$9.2bNZ$660.7m18.1x15.5x1.1x
Mon, 06 Dec 2021NZ$10.3bNZ$9.2bNZ$660.7m14.5x15.5x1.1x
Wed, 03 Nov 2021NZ$10.8bNZ$9.3bNZ$661.5mn/a16.4x1.2x
Fri, 01 Oct 2021NZ$11.0bNZ$9.3bNZ$657.6m15.5x16.7x1.2x
Sun, 29 Aug 2021NZ$10.7bNZ$9.2bNZ$553.9m18.8x19.4x1.2x
Mon, 05 Jul 2021NZ$10.6bNZ$9.2bNZ$553.9m17.2x19.2x1.2x
Thu, 08 Apr 2021NZ$10.3bNZ$8.9bNZ$442.7m18.2x23.2x1.1x
Sun, 10 Jan 2021NZ$8.9bNZ$8.4bNZ$301.0m17x29.5x1.1x
Price to Earnings Ratio

18.8x


Total Market Cap: NZ$7.8bTotal Earnings: NZ$413.3mTotal Revenue: NZ$8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 19.7x202120222023
Current Industry PE
  • Investors are relatively neutral on the New Zealander Consumer Discretionary industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.93x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.0% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the New Zealand Consumer Discretionary sector?

NZ Market-2.02%
Consumer Discretionary-1.62%
Auto Components0%
Auto0%
Consumer Durables0%
Leisure0%
Luxury0%
Consumer Services0%
Retail Distributors0%
Online Retail and Ecommerce0%
Specialty Stores-0.96%
Hospitality-1.94%
General Merchandise and Department Stores-3.39%
Industry PE
  • Investors are most optimistic about the Hospitality industry, which is trading close to its 3-year average PE ratio of 58.3x.
    • Analysts are expecting annual earnings growth of 24.1%, which is higher than its past year's earnings decline of 41.9% per year.
  • Investors are most pessimistic about the Consumer Durables industry, which is trading below its 3-year average of 12.9x.
Forecasted Growth
  • Analysts are most optimistic on the General Merchandise and Department Stores industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 67% per year.
  • In contrast, the Specialty Stores industry is expected to see its earnings grow by 4.6% 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
CMO Colonial MotorNZ$8.854.7%
+NZ$13.1m		-9.2%PE10.4x
HLG Hallenstein Glasson HoldingsNZ$5.771.6%
+NZ$5.4m		8.1%PE10.7x
BFG Burger Fuel GroupNZ$0.3013.0%
+NZ$1.8m		3.4%PE17.1x
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NZ$1.75

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HLG

NZ$5.77

Hallenstein Glasson Holdings

7D

1.6%

1Y

8.1%

SKC

NZ$1.85

SkyCity Entertainment Group

7D

-3.6%

1Y

-36.2%

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SVR

NZ$0.33

Savor

7D

-5.8%

1Y

-12.2%

TRA

NZ$4.13

Turners Automotive Group

7D

-2.8%

1Y

16.3%

KMD

NZ$0.83

KMD Brands

7D

-2.4%

1Y

-23.1%

BGP

NZ$4.53

Briscoe Group

7D

-1.7%

1Y

-9.4%

CMO

NZ$8.85

Colonial Motor

7D

4.7%

1Y

-9.2%

RBD

NZ$3.64

Restaurant Brands New Zealand

7D

-5.5%

1Y

-49.1%

MCK

NZ$1.88

Millennium & Copthorne Hotels New Zealand

7D

-1.1%

1Y

-1.1%