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New Zealand (NZX) Consumer Staples Sector Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies19
  • 7D-2.2%
  • 3M-16.8%
  • 1Y-18.1%
  • YTD-24.6%

Over the last 7 days, the Consumer Staples industry has dropped 2.2%, driven by a2 Milk declining 4.3%. However, the industry is down 18% over the past year. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023NZ$10.7bNZ$33.2bNZ$1.6b11.8x6.7x0.3x
Wed, 27 Sep 2023NZ$11.8bNZ$33.2bNZ$1.6b12.4x7.4x0.4x
Fri, 25 Aug 2023NZ$12.0bNZ$34.6bNZ$1.6b13.1x7.4x0.3x
Sun, 23 Jul 2023NZ$12.6bNZ$34.5bNZ$1.7b13.4x7.6x0.4x
Tue, 20 Jun 2023NZ$12.9bNZ$34.5bNZ$1.6b14.5x7.8x0.4x
Thu, 18 May 2023NZ$12.4bNZ$34.2bNZ$1.3b14.6x9.9x0.4x
Sat, 15 Apr 2023NZ$12.9bNZ$34.2bNZ$1.3b14.3x10.3x0.4x
Mon, 13 Mar 2023NZ$13.5bNZ$32.0bNZ$989.1m14.1x13.6x0.4x
Wed, 08 Feb 2023NZ$14.2bNZ$31.8bNZ$1.0b14.3x14.2x0.4x
Fri, 06 Jan 2023NZ$14.3bNZ$31.8bNZ$1.0b14.4x14.2x0.4x
Sun, 04 Dec 2022NZ$13.7bNZ$31.8bNZ$1.0b14.4x13.6x0.4x
Tue, 01 Nov 2022NZ$13.2bNZ$31.7bNZ$957.4m16.1x13.8x0.4x
Thu, 29 Sep 2022NZ$13.8bNZ$31.7bNZ$957.4m18x14.4x0.4x
Sat, 27 Aug 2022NZ$13.3bNZ$29.9bNZ$711.6m17.7x18.7x0.4x
Mon, 25 Jul 2022NZ$13.0bNZ$29.8bNZ$706.9m19.7x18.4x0.4x
Wed, 22 Jun 2022NZ$12.7bNZ$29.8bNZ$722.2m17.2x17.6x0.4x
Fri, 20 May 2022NZ$12.4bNZ$29.6bNZ$705.4m20.8x17.6x0.4x
Sun, 17 Apr 2022NZ$13.8bNZ$29.6bNZ$704.6m20.3x19.7x0.5x
Tue, 15 Mar 2022NZ$14.3bNZ$28.5bNZ$709.2m21.3x20.1x0.5x
Thu, 10 Feb 2022NZ$14.7bNZ$28.4bNZ$760.3m39.8x19.4x0.5x
Sat, 08 Jan 2022NZ$14.8bNZ$28.4bNZ$758.3m24.9x19.5x0.5x
Mon, 06 Dec 2021NZ$14.9bNZ$28.4bNZ$758.3m23.7x19.6x0.5x
Wed, 03 Nov 2021NZ$15.5bNZ$28.2bNZ$756.6m7.4x20.4x0.5x
Fri, 01 Oct 2021NZ$15.7bNZ$28.2bNZ$756.6m23.5x20.7x0.6x
Sun, 29 Aug 2021NZ$14.6bNZ$27.5bNZ$850.4m21.9x17.2x0.5x
Mon, 05 Jul 2021NZ$16.1bNZ$27.5bNZ$850.4m24.3x19x0.6x
Thu, 08 Apr 2021NZ$19.4bNZ$27.6bNZ$971.3m21.1x20x0.7x
Sun, 10 Jan 2021NZ$21.7bNZ$28.0bNZ$1.3b20.9x17.2x0.8x
Price to Earnings Ratio

18.3x


Total Market Cap: NZ$23.6bTotal Earnings: NZ$1.3bTotal Revenue: NZ$28.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Staples Sector Price to Earnings3Y Average 15.8x202120222023
Current Industry PE
  • Investors are pessimistic on the New Zealander Consumer Staples industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.7x which is lower than its 3-year average PE of 15.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 7.5% per year over the last three years.
  • Revenues for these companies have grown 5.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

NZ Market-2.02%
Consumer Staples-2.20%
Tobacco0%
Household Products0%
Personal Products-0.32%
Beverage-0.77%
Food and Staples Retail-2.13%
Food-2.39%
Industry PE
  • Investors are most optimistic about the Personal Products industry which is trading above its 3-year average PE ratio of 14.2x.
    • Analysts are expecting annual earnings growth of 23.1%, which is higher than its past year's earnings decline of 13.5% per year.
  • Investors are most pessimistic about the Food industry, which is trading below its 3-year average of 15.6x.
Forecasted Growth
  • Analysts are most optimistic on the Personal Products industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Beverage industry is expected to see its earnings grow by 6.9% 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
FWL Foley WinesNZ$1.252.5%
+NZ$2.0m
-7.4%PE13x
ALF Allied FarmersNZ$0.802.6%
+NZ$576.1k
5.3%PE6.9x
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Latest News

SML

NZ$1.34

Synlait Milk

7D

-1.5%

1Y

-57.1%

ALF

NZ$0.80

Allied Farmers

7D

2.6%

1Y

5.3%

NZK

NZ$0.19

New Zealand King Salmon Investments

7D

-11.8%

1Y

-17.4%

ATM

NZ$4.19

a2 Milk

7D

-4.3%

1Y

-27.8%

MFB

NZ$0.13

My Food Bag Group

7D

-13.3%

1Y

-78.3%

FWL

NZ$1.25

Foley Wines

7D

2.5%

1Y

-7.4%

PGW

NZ$3.20

PGG Wrightson

7D

-6.4%

1Y

-22.0%

SCL

NZ$2.90

Scales

7D

-10.5%

1Y

-38.8%

GXH

NZ$1.22

Green Cross Health

7D

-1.6%

1Y

-2.4%