August 3, 2023
Snapshot Top 10: New Zealand Stock Exchange Index NZSX 50



The Top 10 performing stocks in the New Zealand Stock Exchange Index NZSX 50 are shown for seven different investment strategies. Whether you are looking for value, growth or dividend stocks, or you want stocks that rank well overall, you can see the top 10 stock picks, together with how they rank on a scale of 1 to 100 from the perspective of different investment strategies. We have also added our newest Sentiment and 360° View ranks, which encapsulate the market voices of analysts and professional investors into a simple ranking for easily evaluating stocks. As an objective research provider, Obermatt has been refining its stock analysis algorithms for more than 10 years (no AI used here!)

Select any stock for the detailed analysis of that stock's performance across the different investment analyses. Please note that the Top 10 stocks focus only on Large to XX-Large companies.


What the six ranks mean

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

Special Analysis: TOP 10 Dividend Investment Strategy

Many people ask for tips about dividend stocks. These are the Top 10 dividend stocks in the New Zealand Stock Exchange Index NZSX 50 as of August 3, 2023.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. SKYCITY (M, NZ)  Casinos & Gaming
1. SKYCITY (M, NZ)   Casinos & Gaming 100 95 90 75
2. Sky Network (M, NZ)  Cable & Satellite
2. Sky Network (M, NZ)   Cable & Satellite 97 97 96 94
3. Fletcher (XL, NZ)  Building Products
3. Fletcher (XL, NZ)   Building Products 96 89 66 52
4. KMD Brands (M, NZ)  Specialty Stores
4. KMD Brands (M, NZ)   Specialty Stores 96 93 88 86
5. Genesis Energy (L, NZ)  Electric Utilities
5. Genesis Energy (L, NZ)   Electric Utilities 94 47 20 30
6. Air New Zealand (L, NZ)  Airlines
6. Air New Zealand (L, NZ)   Airlines 94 97 51 30
7. Heartland Group (XXL, NZ)  Diversified Banks
7. Heartland Group (XXL, NZ)   Diversified Banks 94 61 61 57
8. Freightways (M, NZ)  Air Freight & Logistics
8. Freightways (M, NZ)   Air Freight & Logistics 87 44 26 45
9. Westpac Banking (XXL, AU)  Diversified Banks
9. Westpac Banking (XXL, AU)   Diversified Banks 85 51 44 18
10. Scales (M, NZ)  Agricultural Products
10. Scales (M, NZ)   Agricultural Products 83 51 53 63

☀ This company has a special achievement which is documented on its stock research page.

August 3, 2023. Top 10s are published weekly following the . ( or for more stocks)


NZSX 50 Top 10: Obermatt 360° Investment Strategy

TOP 10 Obermatt 360° Investment Strategy 360° Strategy 360° VIEW Value Strategy VALUE Combined Strategy COMBINED Sentiment Strategy SENTIMENT
1. Sky Network (M, NZ)   Cable & Satellite
1. Sky Network (M, NZ)   Cable & Satellite 94 97 96 53
2. ANZ Banking (XXL, AU)   Diversified Banks
2. ANZ Banking (XXL, AU)   Diversified Banks 90 47 77 72
3. Meridian Energy (L, NZ)   Renewable Electricity
3. Meridian Energy (L, NZ)   Renewable Electricity 88 7 60 88
4. KMD Brands (M, NZ)   Specialty Stores
4. KMD Brands (M, NZ)   Specialty Stores 86 93 88 53
5. Contact Energy (L, NZ)   Electric Utilities
5. Contact Energy (L, NZ)   Electric Utilities 78 15 40 91
6. SKYCITY (M, NZ)   Casinos & Gaming
6. SKYCITY (M, NZ)   Casinos & Gaming 75 95 90 34
7. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
7. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 65 3 63 63
8. Scales (M, NZ)   Agricultural Products
8. Scales (M, NZ)   Agricultural Products 63 51 53 69
9. Spark New Zealand (L, NZ)   Integrated Telecommunication
9. Spark New Zealand (L, NZ)   Integrated Telecommunication 63 29 24 87
10. Heartland Group (XXL, NZ)   Diversified Banks
10. Heartland Group (XXL, NZ)   Diversified Banks 57 61 61 62

August 3, 2023. Top 10s are published weekly following the . ( or for more stocks)


NZSX 50 Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Contact Energy (L, NZ)   Electric Utilities
1. Contact Energy (L, NZ)   Electric Utilities 91 15 40 78
2. Meridian Energy (L, NZ)   Renewable Electricity
2. Meridian Energy (L, NZ)   Renewable Electricity 88 7 60 88
3. Spark New Zealand (L, NZ)   Integrated Telecommunication
3. Spark New Zealand (L, NZ)   Integrated Telecommunication 87 29 24 63
4. Infratil (L, NZ)   Electric Utilities
4. Infratil (L, NZ)   Electric Utilities 83 7 20 50
5. ANZ Banking (XXL, AU)   Diversified Banks
5. ANZ Banking (XXL, AU)   Diversified Banks 72 47 77 90
6. Scales (M, NZ)   Agricultural Products
6. Scales (M, NZ)   Agricultural Products 69 51 53 63
7. Freightways (M, NZ)   Air Freight & Logistics
7. Freightways (M, NZ)   Air Freight & Logistics 67 44 26 45
8. Ebos (XL, AU)   Health Care Distributors
8. Ebos (XL, AU)   Health Care Distributors 67 20 25 36
9. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
9. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 63 3 63 65
10. Heartland Group (XXL, NZ)   Diversified Banks
10. Heartland Group (XXL, NZ)   Diversified Banks 62 61 61 57

August 3, 2023. Top 10s are published weekly following the . ( or for more stocks)


NZSX 50 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Air New Zealand (L, NZ)   Airlines
1. Air New Zealand (L, NZ)   Airlines 97 57 51 30
2. Sky Network (M, NZ)   Cable & Satellite
2. Sky Network (M, NZ)   Cable & Satellite 97 87 96 94
3. SKYCITY (M, NZ)   Casinos & Gaming
3. SKYCITY (M, NZ)   Casinos & Gaming 95 79 90 75
4. KMD Brands (M, NZ)   Specialty Stores
4. KMD Brands (M, NZ)   Specialty Stores 93 53 88 86
5. Fletcher (XL, NZ)   Building Products
5. Fletcher (XL, NZ)   Building Products 89 11 66 52
6. Synlait Milk (L, NZ)   Packaged Foods & Meats
6. Synlait Milk (L, NZ)   Packaged Foods & Meats 69 3 7 5
7. Ryman Healthcare (M, NZ)   Health Care Facilities
7. Ryman Healthcare (M, NZ)   Health Care Facilities 61 9 56 13
8. Heartland Group (XXL, NZ)   Diversified Banks
8. Heartland Group (XXL, NZ)   Diversified Banks 61 57 61 57
9. Scales (M, NZ)   Agricultural Products
9. Scales (M, NZ)   Agricultural Products 51 51 53 63
10. Westpac Banking (XXL, AU)   Diversified Banks
10. Westpac Banking (XXL, AU)   Diversified Banks 51 37 44 18

August 3, 2023. Top 10s are published weekly following the . ( or for more stocks)


NZSX 50 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. The a2 Milk Company (L, NZ)   Packaged Foods & Meats
1. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 95 3 63 65
2. Mercury NZ (L, NZ)   Electric Utilities
2. Mercury NZ (L, NZ)   Electric Utilities 89 17 46 49
3. Sky Network (M, NZ)   Cable & Satellite
3. Sky Network (M, NZ)   Cable & Satellite 87 97 96 94
4. SKYCITY (M, NZ)   Casinos & Gaming
4. SKYCITY (M, NZ)   Casinos & Gaming 79 95 90 75
5. Freightways (M, NZ)   Air Freight & Logistics
5. Freightways (M, NZ)   Air Freight & Logistics 67 44 26 45
6. Contact Energy (L, NZ)   Electric Utilities
6. Contact Energy (L, NZ)   Electric Utilities 65 15 40 78
7. Infratil (L, NZ)   Electric Utilities
7. Infratil (L, NZ)   Electric Utilities 65 7 20 50
8. Meridian Energy (L, NZ)   Renewable Electricity
8. Meridian Energy (L, NZ)   Renewable Electricity 63 7 60 88
9. Air New Zealand (L, NZ)   Airlines
9. Air New Zealand (L, NZ)   Airlines 57 97 51 30
10. Heartland Group (XXL, NZ)   Diversified Banks
10. Heartland Group (XXL, NZ)   Diversified Banks 57 61 61 57

August 3, 2023. Top 10s are published weekly following the . ( or for more stocks)


NZSX 50 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. ANZ Banking (XXL, AU)  Diversified Banks
1. ANZ Banking (XXL, AU)   Diversified Banks 96 47 77 90
2. Meridian Energy (L, NZ)  Renewable Electricity
2. Meridian Energy (L, NZ)   Renewable Electricity 88 7 60 88
3. Fisher & Paykel Healthcare (L, NZ)  Health Care Equipment
3. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 79 22 62 45
4. The a2 Milk Company (L, NZ)  Packaged Foods & Meats
4. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 73 3 63 65
5. Fletcher (XL, NZ)  Building Products
5. Fletcher (XL, NZ)   Building Products 68 89 66 52
6. Mainfreight (XL, NZ)  Air Freight & Logistics
6. Mainfreight (XL, NZ)   Air Freight & Logistics 67 6 10 14
7. Spark New Zealand (L, NZ)  Integrated Telecommunication
7. Spark New Zealand (L, NZ)   Integrated Telecommunication 63 29 24 63
8. Contact Energy (L, NZ)  Electric Utilities
8. Contact Energy (L, NZ)   Electric Utilities 62 15 40 78
9. Scales (M, NZ)  Agricultural Products
9. Scales (M, NZ)   Agricultural Products 57 51 53 63
10. Sky Network (M, NZ)  Cable & Satellite
10. Sky Network (M, NZ)   Cable & Satellite 56 97 96 94

August 3, 2023. Top 10s are published weekly following the . ( or for more stocks)


NZSX 50 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Sky Network (M, NZ)  Cable & Satellite
1. Sky Network (M, NZ)   Cable & Satellite 96 97 87 94
2. SKYCITY (M, NZ)  Casinos & Gaming
2. SKYCITY (M, NZ)   Casinos & Gaming 90 95 79 75
3. KMD Brands (M, NZ)  Specialty Stores
3. KMD Brands (M, NZ)   Specialty Stores 88 93 53 86
4. ANZ Banking (XXL, AU)  Diversified Banks
4. ANZ Banking (XXL, AU)   Diversified Banks 77 47 55 90
5. Fletcher (XL, NZ)  Building Products
5. Fletcher (XL, NZ)   Building Products 66 89 11 52
6. The a2 Milk Company (L, NZ)  Packaged Foods & Meats
6. The a2 Milk Company (L, NZ)   Packaged Foods & Meats 63 3 95 65
7. Fisher & Paykel Healthcare (L, NZ)  Health Care Equipment
7. Fisher & Paykel Healthcare (L, NZ)   Health Care Equipment 62 22 51 45
8. Heartland Group (XXL, NZ)  Diversified Banks
8. Heartland Group (XXL, NZ)   Diversified Banks 61 61 57 57
9. Meridian Energy (L, NZ)  Renewable Electricity
9. Meridian Energy (L, NZ)   Renewable Electricity 60 7 63 88
10. Ryman Healthcare (M, NZ)  Health Care Facilities
10. Ryman Healthcare (M, NZ)   Health Care Facilities 56 61 9 13

August 3, 2023. Top 10s are published weekly following the . ( or for more stocks)


☀ This company has a special achievement which is documented on its stock research page.

Top 10 lists may contain fewer than 10 stocks due to Obermatt’s top 10 quality standards.

Top 10 Stocks from the purely fact-based Obermatt Method in the stock index New Zealand Stock Exchange Index NZSX 50 from August 3, 2023.

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