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New Zealand (NZX) Consumer Discretionary Sector Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies14
  • 7D-2.1%
  • 3M-11.2%
  • 1Y-26.7%
  • YTD-12.6%

Over the last 7 days, the Consumer Discretionary industry has dropped 2.1%, driven by a pullback from SkyCity Entertainment Group of 5.2%. The industry has fallen 27% in the last year. Looking forward, earnings are forecast to grow by 22% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024NZ$4.7bNZ$9.6bNZ$284.2m11.4x16.5x0.5x
Tue, 16 Apr 2024NZ$5.2bNZ$9.6bNZ$284.2m13.4x18.5x0.5x
Thu, 14 Mar 2024NZ$5.2bNZ$9.8bNZ$299.3m12.3x17.3x0.5x
Sat, 10 Feb 2024NZ$5.6bNZ$9.7bNZ$300.9m12.2x18.5x0.6x
Mon, 08 Jan 2024NZ$5.4bNZ$9.8bNZ$297.6m11.9x18.1x0.6x
Wed, 06 Dec 2023NZ$5.6bNZ$9.8bNZ$297.6m15.4x18.9x0.6x
Fri, 03 Nov 2023NZ$5.5bNZ$9.7bNZ$291.9m17.1x18.9x0.6x
Sun, 01 Oct 2023NZ$5.7bNZ$9.7bNZ$295.4m17.6x19.3x0.6x
Tue, 29 Aug 2023NZ$5.9bNZ$9.6bNZ$355.7m15.7x16.6x0.6x
Thu, 27 Jul 2023NZ$6.2bNZ$9.6bNZ$381.1m14x16.3x0.7x
Sat, 24 Jun 2023NZ$6.2bNZ$9.6bNZ$378.5m13.1x16.3x0.6x
Mon, 22 May 2023NZ$6.5bNZ$9.6bNZ$373.6m14.6x17.4x0.7x
Wed, 19 Apr 2023NZ$6.6bNZ$9.6bNZ$373.6m14.3x17.6x0.7x
Fri, 17 Mar 2023NZ$6.6bNZ$9.3bNZ$372.7m15.7x17.8x0.7x
Sun, 12 Feb 2023NZ$6.9bNZ$9.0bNZ$324.4m13.8x21.3x0.8x
Tue, 10 Jan 2023NZ$6.7bNZ$9.0bNZ$324.4m12.5x20.7x0.7x
Thu, 08 Dec 2022NZ$7.2bNZ$9.0bNZ$324.4m12.8x22.3x0.8x
Sat, 05 Nov 2022NZ$7.5bNZ$9.0bNZ$326.2m12.8x23x0.8x
Mon, 03 Oct 2022NZ$7.5bNZ$9.0bNZ$326.2m13.4x23x0.8x
Wed, 31 Aug 2022NZ$7.9bNZ$8.9bNZ$366.9m13.2x21.4x0.9x
Fri, 29 Jul 2022NZ$7.9bNZ$9.0bNZ$460.6m13.7x17.1x0.9x
Sun, 26 Jun 2022NZ$8.1bNZ$9.0bNZ$460.6m12.9x17.6x0.9x
Tue, 24 May 2022NZ$8.4bNZ$9.0bNZ$468.5m14.4x17.9x0.9x
Thu, 21 Apr 2022NZ$9.0bNZ$9.0bNZ$468.5m15.3x19.1x1x
Sat, 19 Mar 2022NZ$9.1bNZ$9.1bNZ$500.9m15.2x18.1x1x
Mon, 14 Feb 2022NZ$9.5bNZ$9.1bNZ$623.6m15x15.2x1x
Wed, 12 Jan 2022NZ$10.0bNZ$9.2bNZ$660.7m15.1x15.1x1.1x
Fri, 10 Dec 2021NZ$10.5bNZ$9.2bNZ$660.7m13.1x15.9x1.1x
Sun, 07 Nov 2021NZ$10.8bNZ$9.3bNZ$661.5m15x16.4x1.2x
Tue, 05 Oct 2021NZ$11.0bNZ$9.3bNZ$658.3m15.9x16.8x1.2x
Thu, 02 Sep 2021NZ$10.8bNZ$9.2bNZ$553.9m18.8x19.5x1.2x
Sat, 31 Jul 2021NZ$10.4bNZ$9.2bNZ$553.9m17.1x18.7x1.1x
Price to Earnings Ratio

24x


Total Market Cap: NZ$10.6bTotal Earnings: NZ$442.7mTotal Revenue: NZ$8.9bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Consumer Discretionary Sector Price to Earnings3Y Average 18.5x202220232024
Current Industry PE
  • Investors are pessimistic on the New Zealander Consumer Discretionary 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 16.5x which is lower than its 3-year average PE of 18.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.6% 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 Market0.062%
Consumer Discretionary-2.13%
Auto Components0%
Auto0%
Consumer Durables0%
Leisure0%
Luxury0%
Consumer Services0%
Retail Distributors0%
Online Retail and Ecommerce0%
Specialty Stores-0.93%
Hospitality-2.61%
General Merchandise and Department Stores-6.25%
Industry PE
  • Investors are most optimistic about the Hospitality industry even though it's trading below its 3-year average PE ratio of 59.7x.
    • Analysts are expecting annual earnings growth of 31.5%, which is higher than its past year's earnings decline of 24.9% per year.
  • Investors are most pessimistic about the Consumer Durables industry, which is trading below its 3-year average of 9.9x.
Forecasted Growth
  • Analysts are most optimistic on the General Merchandise and Department Stores industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings decline of 45% per year.
  • In contrast, the Specialty Stores industry is expected to see its earnings grow by 8.3% 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
MCK Millennium & Copthorne Hotels New ZealandNZ$1.913.2%
+NZ$9.5m		-9.5%PE14x
RBD Restaurant Brands New ZealandNZ$3.201.6%
+NZ$6.2m		-52.5%PE24.5x
TRA Turners Automotive GroupNZ$4.051.5%
+NZ$5.3m		6.9%PE10.5x
HLG Hallenstein Glasson HoldingsNZ$5.500.5%
+NZ$1.8m		-8.8%PE10.1x
2CC 2 Cheap Cars GroupNZ$0.782.6%
+NZ$911.1k		239.1%PE9.1x
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Latest News

KMD

NZ$0.43

KMD Brands

7D

-6.5%

1Y

-61.9%

WHS

NZ$1.20

Warehouse Group

7D

-6.3%

1Y

-29.8%

TRA

NZ$4.05

Turners Automotive Group

7D

1.5%

1Y

6.9%

RBD

NZ$3.20

Restaurant Brands New Zealand

7D

1.6%

1Y

-52.5%

MCK

NZ$1.91

Millennium & Copthorne Hotels New Zealand

7D

3.2%

1Y

-9.5%

HLG

NZ$5.50

Hallenstein Glasson Holdings

7D

0.5%

1Y

-8.8%

2CC

NZ$0.78

2 Cheap Cars Group

7D

2.6%

1Y

239.1%

BFG

NZ$0.32

Burger Fuel Group

7D

-3.0%

1Y

12.3%

Here's Why Burger Fuel Group (NZSE:BFG) Has Caught The Eye Of Investors

Apr 16
Here's Why Burger Fuel Group (NZSE:BFG) Has Caught The Eye Of Investors

SKC

NZ$1.65

SkyCity Entertainment Group

7D

-5.2%

1Y

-28.9%

What Is SkyCity Entertainment Group Limited's (NZSE:SKC) Share Price Doing?

Apr 10
What Is SkyCity Entertainment Group Limited's (NZSE:SKC) Share Price Doing?

BGP

NZ$4.32

Briscoe Group

7D

-0.7%

1Y

-0.9%

CMO

NZ$8.00

Colonial Motor

7D

-0.1%

1Y

-12.8%

JLG

NZ$0.19

Just Life Group

7D

-5.0%

1Y

-44.9%

Just Life Group's (NZSE:JLG) Dividend Is Being Reduced To NZ$0.0035

Feb 26
Just Life Group's (NZSE:JLG) Dividend Is Being Reduced To NZ$0.0035