Should I Buy Skellerup Holdings Stock in 2025? Expert NZ Guide

What is Skellerup Holdings?

*Estimated using H1 2025 results extrapolated for a 12-month period.

How much is the Skellerup Holdings stock?

The price of Skellerup Holdings stock is rising this week. As of today, SKL trades at NZ$4.60, showing a 24-hour increase of +NZ$0.15 (+3.37%) but a slight weekly decline of 1.50%.

A low beta of 0.33 signals limited volatility versus the broader NZ market. With a balanced risk profile and a solid dividend, Skellerup stock may appeal to those seeking steady performance in New Zealand equities.

Our full analysis on the Skellerup Holdings stock

Having thoroughly reviewed Skellerup Holdings’ latest financial disclosures and its robust three-year performance on the NZX, our multi-factor analysis—incorporating financial metrics, technical signals, real-time market data, and peer benchmarking—provides fresh insight into this specialty industrial leader. The synthesis of these perspectives via proprietary algorithms offers a highly nuanced understanding of Skellerup’s evolving position in its sector. So, why might Skellerup Holdings once again become a strategic entry point into the Australasian advanced manufacturing and agri-tech market in 2025?

Recent Performance and Market Context

Skellerup Holdings (NZX: SKL) has delivered a striking turnaround over the past year, with its share price rising by 30.31% to NZ$4.60 as of 30 May 2025—this despite a moderate 12.38% retracement over the past six months. The stock has outperformed both its industrial and agri-tech peers, driven by historic financial results released in February 2025. Notably, Skellerup posted a record net profit after tax (NPAT) of NZ$24.2 million (+12% year-on-year), further solidifying its leadership momentum in the wake of pandemic-related disruption.

Investor confidence remains buoyant, evidenced by a recent intraday pop (+3.37%). The broader New Zealand economy is entering a period of renewed strength, with export-led sectors and industrial technology providers—such as Skellerup—standing to benefit from higher agricultural commodity prices, infrastructure investments, and robust demand across primary and secondary industries. The Reserve Bank of New Zealand’s cautious rate stance and ongoing support of innovation bolster sector tailwinds.

Technical Analysis

Technical signals reveal a constructive, if nuanced, setup for Skellerup. The stock currently trades just above its 20-day (NZ$4.56) and 50-day (NZ$4.48) moving averages—both flashing “buy” signals—demonstrating positive short-term momentum and potential accumulation. Meanwhile, the RSI (14) holds in at a neutral 53.07, suggesting further upside potential without immediate overbought risk.

• Support: Key support is established at NZ$3.84, a level that has been robustly defended in recent months.
• Resistance: The immediate upside target is NZ$4.75, aligning with technical resistance and the upper band of its short-term trading range.
• Momentum: Both daily and weekly MACD print mildly negative, but the flattening slope indicates a pause ahead of a probable upward reversal, consistent with consolidation phases in structurally strong bull runs.
• Longer-term perspective: The 100-day and 200-day moving averages, now slightly above spot price, could quickly convert into support on a sustained breakout above NZ$4.75, adding fuel to a new multi-month rally.

In summary, the technical tableau appears to be coiling in anticipation of a renewed bullish phase, supported by structural buyers and underpinned by fundamental progress.

Fundamental Analysis

Skellerup’s fundamental profile is marked by outperformance and capital discipline.

• Revenue and earnings: The company recently set fresh performance records, with EBIT reaching NZ$35 million and revenue expanding across both primary divisions—Agri (up 31% EBIT) and Industrial (up 5% revenue), signalling both operating leverage and resilient demand.
• Profitability: NPAT margins remain healthy, with net profit growing at double digits even as the company invests to capture international market share.
• Valuation: Skellerup trades at 19.17x trailing earnings, a modest multiple for a business growing earnings, expanding internationally, and delivering a sector-leading 5.51% dividend yield. The analyst consensus target of NZ$5.40 implies a 17% upside, alongside strong income characteristics—an appealing combination rarely seen in defensive industrials.
• Strategic strengths: Skellerup is an established leader in global dairy rubberware and industrial elastomers, boasting a century-long track record, a globally diversified revenue base (North America, Europe, Asia), and over 770 skilled employees. Its relentless innovation pipeline, paired with production capabilities anchored in New Zealand’s advanced manufacturing ecosystem, cements durable competitive moats.

Taken together, these fundamentals justify renewed institutional and retail interest, especially as international expansion and operational improvements offer tangible catalysts.

Volume and Liquidity

Sustained liquidity is another pillar of Skellerup’s investability. With daily trading volume averaging nearly 136,000 shares (65-day average) and a public float exceeding 185 million shares, market depth supports efficient price discovery and ease of entry for both institutional and private investors alike. The company's subdued five-year beta of 0.33 underscores its resilience versus broader market swings, offering stability that many investors find appealing in volatile climates.

Such volume and liquidity characteristics are highly supportive of dynamic valuation rerates, particularly as earnings and dividends outpace market consensus.

Catalysts and Positive Outlook

The stock’s upside is anchored in several identifiable catalysts:

• International expansion: Skellerup’s drive to increase international dairy rubberware sales is already bearing fruit, with further gains anticipated in Europe, North America, and Asia. Early signs are visible in the +31% EBIT surge for the Agri segment.
• Product innovation and ESG: Ongoing advances in technical product development, combined with enhanced ESG practices, position the company well in markets where compliance, sustainability, and safety standards command premium pricing and strong customer loyalty.
• Executive leadership: The recent appointment of Graham Leaming as CEO unlocks new energy and strategic resolve. Having served as CFO since 2012, Leaming brings continuity and financial acumen—his ambitious goal to double group profit within 5–7 years sets a definitive growth vision.
• Macroeconomic backdrop: New Zealand’s trade-driven recovery and sustained capex cycles in food security, water management, and infrastructure provide favourable external conditions.
• Industry resilience: While some sensitivity to agricultural cycles exists, Skellerup’s diversification across the Industrial and Agri segments, as well as across international jurisdictions, offers protection against single-market volatility.

Consensus forecasts a 6% annual compound revenue growth over the next three years, a robust performance for the sector. When coupled with a progressive dividend policy (current yield: 5.51%), the risk/reward dynamic shifts firmly in favour of investors seeking both medium-term appreciation and predictable cash flows.

Investment Strategies

Whether considering a short-, medium-, or long-term entry, Skellerup offers a compelling case for incremental positioning:

• Short-term: For traders, the stock’s recent retracement (down 12.38% in six months) and ongoing consolidation near support provide a technically sound entry ahead of expected upward momentum—particularly as the next set of results or international contract wins could catalyse immediate re-rating.
• Medium-term: Investors can capitalise on both multiple expansion (as the market prices in strategic execution and earnings upgrades) and a robust dividend stream, anchoring portfolio returns in 2025–2026.
• Long-term: With structural growth levers—international sales, innovation, and sector consolidation—Skellerup is well positioned for compounding returns. The CEO’s stated ambition to double profits over 5–7 years can enable material shareholder value creation for patient investors.

Optimal positioning appears to be at current levels, just above key support, ahead of the next inflection in either results announcements or further evidence of market share capture abroad.

Is It the Right Time to Buy Skellerup Holdings?

In summary, Skellerup Holdings exhibits a blend of compelling qualities rarely found in a single NZX-listed industrial: record financial performance, sector-leading yield, geographic and segmental diversification, strong technical underpinnings, and clear, ambitious leadership. The share price, having consolidated over the past six months, now presents a practical entry point, particularly in the context of a 17% implied upside (NZ$5.40 target) and a strategic growth roadmap with built-in resilience.

With robust bottom-line momentum, a management team executing on all fronts, and a sector poised for continued transformation, Skellerup Holdings seems to represent an excellent opportunity for those seeking exposure to New Zealand’s high-value manufacturing and agri-tech export themes. The confluence of technical, fundamental, and strategic signals all point to a new bullish phase that justifies renewed attention.

For investors seeking both immediate income and medium- to long-term capital growth potential, the current outlook for Skellerup Holdings deserves to be taken very seriously as an ideal entry point in 2025’s evolving market landscape.

How to buy Skellerup Holdings stock in New Zealand?

Buying Skellerup Holdings shares online is straightforward and secure when using a regulated broker, providing Kiwi investors with flexibility and peace of mind. You can choose between two main options: purchasing shares directly (spot buying), or trading contracts for difference (CFDs) that track the company’s share price. Each method offers unique advantages, from straightforward ownership with potential dividends to leveraged exposure for active traders. To help you pick the right approach, we’ve outlined both methods below, and you’ll find an easy-to-use broker comparison further down the page.

Spot Buying

When you buy Skellerup Holdings stock for cash, you become a direct shareholder—entitling you to dividends and voting rights, and meaning your shares are held in your name or on your behalf. This classic investment route is popular among NZ investors seeking steady growth and regular income, especially with Skellerup’s 5.5% dividend yield. Brokers typically charge a flat commission per order, often around NZ$3 to NZ$15; some may also list minor currency conversion or ASB custody fees.

Concrete example

If Skellerup Holdings is trading at NZ$4.60 per share and you invest NZ$1,000 (including a brokerage commission of NZ$5), you can buy approximately 216 shares (NZ$995 invested / NZ$4.60 = 216 shares, rounding down).

✔️ Gain scenario:
If the share price rises by 10%, your shares are worth NZ$1,100.

Result: That’s a +NZ$100 gross gain, or +10% return, before fees and taxes.

Trading via CFD

CFDs (“Contracts for Difference”) let you speculate on Skellerup Holdings share price movements without actually owning the underlying shares. With CFDs, you can trade both up and down markets and employ leverage—meaning you can control a larger exposure with a smaller upfront outlay. CFD brokers usually charge a spread (the difference between buy/sell prices), plus overnight financing fees for positions held beyond a day.

Example with leverage

You open a CFD position on Skellerup Holdings with NZ$1,000 and apply 5x leverage, giving you market exposure of NZ$5,000.

✔️ Gain scenario:
If the stock gains 8%, your position returns 8% x 5 = 40%.

Result: That’s a NZ$400 gain on your NZ$1,000 stake (fees and financing costs not included).

Final Advice

Before investing in Skellerup Holdings, it’s essential to compare the fees, trading platforms, and conditions offered by different brokers to find the service that fits your needs and strategy. Whether you prefer the stability and dividend income of direct share ownership, or the flexibility and leverage of CFDs depends on your financial goals and risk tolerance. You’ll find a detailed broker comparison below to help you get started with confidence.

Our 7 tips for buying Skellerup Holdings stock

The latest news about Skellerup Holdings

Skellerup Holdings reports record financial results for H1 2025, with 12% net profit growth year-on-year. For the first half of the 2025 fiscal year, Skellerup Holdings delivered a record performance, achieving NZ$24.2 million in net profit—an increase of 12% compared with the same period last year. Revenue reached historic highs, and EBIT stood at NZ$35 million, driven by growth in both the Agri and Industrial segments. These results surpassed consensus expectations and were particularly well-received by the market, reinforcing confidence in the company’s growth trajectory in New Zealand’s industrial sector.

Analyst consensus maintains a positive outlook, forecasting a 17% stock price upside to NZ$5.40. Despite a modest retracement of 1.5% over the past week, analysts remain optimistic on Skellerup Holdings’ prospects, with the average 12-month target price set at NZ$5.40, implying an upside potential of more than 17% from current levels. The stock’s low five-year beta of 0.33 suggests limited volatility, and the dividend yield of 5.51% continues to make it attractive for income-focused NZ investors. The technical outlook also hints at renewed bullish momentum, as the share trades above its 20- and 50-day moving averages.

Agri segment posts 31% EBIT growth, showcasing the strength of Skellerup’s core business in New Zealand and export markets. The Agri division, known for its rubber products to the dairy industry—such as milking liners, tubing, and filters—was a stand-out performer, delivering a 31% increase in EBIT for H1 2025. Strong demand from dairy and primary sector clients in New Zealand, combined with robust international sales, has solidified Skellerup’s market leadership in agricultural components, underlining the strategic importance of this segment to shareholders and the local economy.

Strategic leadership transition finalised, with Graham Leaming taking the helm as CEO to drive ambitious growth targets. Graham Leaming, previously CFO since 2012, officially assumed the CEO role in April 2024. His appointment signals continuity and deep industry knowledge, with stated goals to double group profits over the next 5–7 years. The leadership team’s commitment to organic and international growth, particularly in the high-value dairy and industrial sectors, has boosted investor sentiment and aligns with the company’s long-term strategy to benefit the New Zealand economy.

Skellerup remains committed to shareholder returns, announcing a NZ$0.0979 per share dividend and maintaining a 5.51% yield. In line with its track record of rewarding shareholders, the company declared a dividend of NZ$0.0979 per share, with an ex-dividend date of 6 March 2025. This payout sustains one of the highest yields among local industrial stocks and reaffirms Skellerup’s status as a reliable income generator for NZ-based portfolios, supported by continued operational resilience and a strong balance sheet.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.