Valuation: NZX Limited

Market Cap 487M 273M 244M 227M 206M 389M 26.38B 392M 2.73B 1.07B 13.42B 1.02B 1B 43.13B P/E 2026 *
21.1x
P/E 2027 * 17.3x
Enterprise Value 511M 286M 256M 239M 217M 408M 27.69B 411M 2.87B 1.12B 14.08B 1.07B 1.05B 45.27B EV / Sales 2026 *
3.28x
EV / Sales 2027 * 3.04x
Free-Float
84.99%
Yield 2026 *
4.56%
Yield 2027 * 5%
Current month-1.97%
1 month-1.97%
3 months+3.47%
6 months+12.03%
Current year-4.49%
1 week 1.46
Extreme 1.46
1.52
1 month 1.42
Extreme 1.425
1.52
Current year 1.28
Extreme 1.275
1.58
1 year 1.28
Extreme 1.275
1.58
3 years 0.97
Extreme 0.97
1.68
5 years 0.97
Extreme 0.97
1.85
10 years 0.92
Extreme 0.92
2.19
Manager TitleAgeSince
Chief Executive Officer - 13/09/2026
Director of Finance/CFO - 12/05/2026
Chief Tech/Sci/R&D Officer - 30/09/2025
Director TitleAgeSince
Director/Board Member - 08/05/2017
Director/Board Member - 19/02/2018
Director/Board Member - 17/02/2019
Date Insider Type Main position Quantity % Market Cap. Importance
26/08/26 Sell

Director

-38,939 0.0118%
25/08/26 Sell

Director

-53,220 0.0162%
25/08/26 Buy

Director

2,570 0.0008%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%0.00%+7.58%+43.27% 273M
+0.03%+3.16%+2.53%+27.53% 97.18B
-0.59%+0.37%-5.80%+37.62% 85.66B
-0.42%-2.68%-15.19%+30.68% 61.04B
-1.05%+2.13%+29.18%+79.59% 58.96B
-0.83%+1.91%-2.96%+1.99% 52.81B
-0.37%-0.09%+3.95%+85.31% 51.39B
-0.48%-1.59% - - 44.6B
+49.82%+21.76%+82.43%+89.56% 22.32B
-0.13%+6.51%+2.69%+28.33% 22.66B
Average +4.80%+3.59%+11.60%+47.10% 49.69B
Weighted average by Cap. +2.08%+2.30%+5.51%+43.34%

Financials

2026 *2027 *
Net sales 156M 87.37M 78.06M 72.83M 66.15M 125M 8.45B 126M 875M 342M 4.3B 328M 321M 13.82B 166M 92.64M 82.78M 77.23M 70.15M 132M 8.96B 133M 928M 363M 4.56B 348M 340M 14.65B
Net income 23.26M 13.02M 11.63M 10.85M 9.86M 18.57M 1.26B 18.7M 130M 50.95M 640M 48.87M 47.82M 2.06B 28.33M 15.86M 14.17M 13.22M 12.01M 22.61M 1.53B 22.78M 159M 62.06M 780M 59.53M 58.24M 2.51B
Net Debt 24.2M 13.54M 12.1M 11.29M 10.26M 19.31M 1.31B 19.46M 136M 53.01M 666M 50.85M 49.75M 2.14B 15.9M 8.9M 7.95M 7.42M 6.74M 12.69M 861M 12.78M 89.11M 34.82M 438M 33.4M 32.67M 1.41B
Projected Income Statement - Annual - NZX Limited
Logo NZX Limited
NZX Limited is a New Zealand-based company, which operates New Zealand’s equity, debt, funds, derivatives and energy markets. The Company provides trading, clearing, settlement, depository and data services for its customers. The Company’s segments include Capital Market Origination, Secondary Markets, Information Services, Funds Management, and Wealth Technologies, and Corporate Services. The Capital Market Origination segment is a provider of issuer services for current and prospective customers. The Secondary Markets segment is a provider of trading and post-trade services for securities and derivatives markets operated by the Company. The Information Services segment provides information services for the securities and derivatives markets, and analytics for the dairy sector. The Wealth Technologies segment offers fund administration providers and custodians. The Funds Management segment provides superannuation funds, KiwiSaver funds, and exchange-traded funds.
Employees
356
Date Price Change Volume
07/10/26 NZ$1.480 -0.67% 29,745
06/10/26 NZ$1.490 0.00% 69,936
05/10/26 NZ$1.490 0.00% 77,880
02/10/26 NZ$1.490 0.00% 215,056
01/10/26 NZ$1.490 -1.97% 578,229
Trader
Investor
Global
Quality
ESG MSCI
AA
Ratings Surperformance© - NZX Limited
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
2
Last Close Price
1.480NZD
Average target price
1.697NZD
Spread / Average Target
+14.64%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - NZX Limited