nib holdings (NHF) Stock Overview

Engages in the underwriting and distribution of private health, life, and living insurance to residents, international students, and visitors in Australia and New Zealand. More details

NHF fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 40.1% below our estimate of its fair value

Earnings are forecast to grow 6.4% per year

Earnings have grown 8.6% per year over the past 5 years

Risk Analysis

Significant insider selling over the past 3 months

Dividend of 3.95% is not well covered by free cash flows

NHF Community Fair Values

Create Narrative

See what 43 others think this stock is worth. Follow their fair value or set your own to get alerts.

nib holdings

AnalystConsensusTarget

Based on Analyst Price Targets

Digital Health And AI Expansion Will Fuel Future Resilience

Key Takeaways Broadening into preventative care, digital initiatives, and adjacent industries is improving customer retention, operational efficiency, and reducing dependence on traditional health insurance. Partnerships and tech-driven operational improvements are managing healthcare cost pressures, supporting stable claims ratios and sustainable long-term profitability.

View narrative

AU$8.08

9.0% undervalued

4.66%

Revenue growth p.a.

View Stock Community

nib holdings limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for nib holdings
Historical stock prices
Current Share Price	AU$7.35
52 Week High	AU$8.26
52 Week Low	AU$5.36
Beta	0.19
1 Month Change	-1.74%
3 Month Change	-3.29%
1 Year Change	24.16%
3 Year Change	5.45%
5 Year Change	54.74%
Change since IPO	522.88%

Recent updates

nib holdings limited (ASX:NHF) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 15

nib holdings (ASX:NHF) Is Paying Out A Larger Dividend Than Last Year

Aug 29

Subdued Growth No Barrier To nib holdings limited's (ASX:NHF) Price

May 29

Telehealth Expansion And AI Automation Will Transform Future Member Experiences

Mar 15 Strategic investments in digital health services and provider networks are expected to boost revenue growth, customer satisfaction, and improve margins.

nib holdings' (ASX:NHF) Dividend Will Be Reduced To A$0.13

Feb 26

nib holdings limited's (ASX:NHF) Price Is Right But Growth Is Lacking

Apr 06

With EPS Growth And More, nib holdings (ASX:NHF) Makes An Interesting Case

Feb 29

nib holdings limited (ASX:NHF) Investors Are Less Pessimistic Than Expected

Jan 05

Do nib holdings' (ASX:NHF) Earnings Warrant Your Attention?

Oct 07

nib holdings' (ASX:NHF) Dividend Will Be Increased To A$0.15

Aug 28

Here's Why I Think nib holdings (ASX:NHF) Is An Interesting Stock

May 25

Is Now The Time To Put nib holdings (ASX:NHF) On Your Watchlist?

Feb 23

nib holdings (ASX:NHF) Is Paying Out A Larger Dividend Than Last Year

Feb 23

This Is Why nib holdings limited's (ASX:NHF) CEO Compensation Looks Appropriate

Oct 28

Only Four Days Left To Cash In On nib holdings' (ASX:NHF) Dividend

Feb 27

Here's What You Should Know About nib holdings limited's (ASX:NHF) 2.4% Dividend Yield

Feb 23

Did You Participate In Any Of nib holdings' (ASX:NHF) Respectable 90% Return?

Jan 26

Shareholder Returns

	NHF	AU Insurance	AU Market
7D	-1.3%	-5.5%	-2.1%
1Y	24.2%	9.7%	8.4%

Return vs Industry: NHF exceeded the Australian Insurance industry which returned 9.7% over the past year.

Return vs Market: NHF exceeded the Australian Market which returned 8.4% over the past year.

Price Volatility

Is NHF's price volatile compared to industry and market?
NHF volatility
NHF Average Weekly Movement	2.8%
Insurance Industry Average Movement	4.7%
Market Average Movement	9.5%
10% most volatile stocks in AU Market	19.8%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: NHF has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: NHF's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1952	n/a	Ed Close	www.nib.com.au

nib holdings limited, together with its subsidiaries, engages in the underwriting and distribution of private health, life, and living insurance to residents, international students, and visitors in Australia and New Zealand. The company operates in six segments: Australian Residents Health Insurance, International (Inbound) Health Insurance, New Zealand Insurance, nib Travel, nib Thrive, and nib Health Services. It is also involved in the sale and distribution of travel and disability insurance products; and provision of health management programs.

nib holdings limited Fundamentals Summary

How do nib holdings's earnings and revenue compare to its market cap?
NHF fundamental statistics
Market cap	AU$3.54b
Earnings (TTM)	AU$195.50m
Revenue (TTM)	AU$3.63b

18.3x

P/E Ratio

1.0x

P/S Ratio

Is NHF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NHF income statement (TTM)
Revenue	AU$3.63b
Cost of Revenue	AU$3.24b
Gross Profit	AU$382.70m
Other Expenses	AU$187.20m
Earnings	AU$195.50m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	0.40
Gross Margin	10.55%
Net Profit Margin	5.39%
Debt/Equity Ratio	24.9%

How did NHF perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

72%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/05 14:09
End of Day Share Price	2025/11/05 00:00
Earnings	2025/06/30
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

nib holdings limited is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Adams	Barrenjoey Markets Pty Limited
T.S. Lim	Bell Potter
Freya Kong	BofA Global Research

nib holdings (NHF) Stock Overview

Rewards

Risk Analysis

Digital Health And AI Expansion Will Fuel Future Resilience

nib holdings limited Competitors

Medibank Private

Generation Development Group

ClearView Wealth

NobleOak Life

Price History & Performance

Recent News & Updates

nib holdings limited (ASX:NHF) Looks Inexpensive But Perhaps Not Attractive Enough

nib holdings limited, Annual General Meeting, Nov 06, 2025

MD, CEO & Executive Director recently sold AU$398k worth of stock

nib holdings (ASX:NHF) Is Paying Out A Larger Dividend Than Last Year

Final dividend of AU$0.16 announced

Price target increased by 7.8% to AU$8.08

Recent updates

nib holdings limited (ASX:NHF) Looks Inexpensive But Perhaps Not Attractive Enough

nib holdings limited, Annual General Meeting, Nov 06, 2025

MD, CEO & Executive Director recently sold AU$398k worth of stock

nib holdings (ASX:NHF) Is Paying Out A Larger Dividend Than Last Year

Final dividend of AU$0.16 announced

Price target increased by 7.8% to AU$8.08

nib holdings limited Announces Ordinary Cash Dividend for the Six Months Period Ended June 30, 2025, Payable on October 07, 2025

Full year 2025 earnings released: EPS: AU$0.40 (vs AU$0.39 in FY 2024)

Subdued Growth No Barrier To nib holdings limited's (ASX:NHF) Price

MD, CEO & Director recently sold AU$220k worth of stock

Telehealth Expansion And AI Automation Will Transform Future Member Experiences

nib holdings' (ASX:NHF) Dividend Will Be Reduced To A$0.13

First half dividend reduced to AU$0.13

Price target increased by 7.6% to AU$6.88

First half 2025 earnings released: EPS: AU$0.17 (vs AU$0.22 in 1H 2024)

Nib Holdings Limited Announces Fully Franked Dividend for the Six Months Ended December 31, 2024, Payable on April 9, 2025

nib holdings limited to Report Fiscal Year 2025 Results on Aug 25, 2025

Insider recently sold AU$403k worth of stock

Insider recently sold AU$1.2m worth of stock

Consensus EPS estimates fall by 11%

Price target decreased by 10% to AU$7.25

Final dividend of AU$0.14 announced

Full year 2024 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 19%

Nib Holdings Limited Announces CEO Changes

nib holdings limited's (ASX:NHF) Price Is Right But Growth Is Lacking

MD, CEO & Executive Director recently sold AU$277k worth of stock

Upcoming dividend of AU$0.15 per share

With EPS Growth And More, nib holdings (ASX:NHF) Makes An Interesting Case

First half dividend of AU$0.15 announced

First half 2024 earnings: EPS and revenues exceed analyst expectations

nib holdings limited (ASX:NHF) Investors Are Less Pessimistic Than Expected

nib holdings limited to Report First Half, 2024 Results on Feb 26, 2024

Do nib holdings' (ASX:NHF) Earnings Warrant Your Attention?

nib holdings limited (ASX:NHF) acquired BudgetNet Pty Ltd.

MD, CEO & Executive Director recently sold AU$580k worth of stock

nib holdings limited completed the acquisition of Developing Links Pty Ltd.

Upcoming dividend of AU$0.15 per share at 3.7% yield

nib holdings' (ASX:NHF) Dividend Will Be Increased To A$0.15

Full year 2023 earnings: EPS and revenues exceed analyst expectations

nib holdings limited Declares A Final Dividend, Payable on 3 October 2023

nib holdings limited Announces Board Appointments

MD, CEO & Executive Director recently sold AU$517k worth of stock

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.13 per share at 3.0% yield

First half 2023 earnings: Revenues exceed analyst expectations

nib Holdings Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended December 31, 2022, Payable on April 3, 2023

Now 21% undervalued after recent price drop

Now 20% undervalued

nib holdings limited, Annual General Meeting, Nov 10, 2023

nib Holdings Limited Announces Executive Changes

nib holdings limited (ASX:NHF) completed the acquisition of Maple Plan Pty Ltd.

nib holdings limited Appoints Martin Adlington as Chief Executive of nib Thrive

Independent Non-Executive Director recently sold AU$172k worth of stock

MD, CEO & Executive Director recently sold AU$390k worth of stock

Independent Non-Executive Chairman recently bought AU$159k worth of stock

Upcoming dividend of AU$0.11 per share

Consensus forecasts updated

Price target increased to AU$7.51

nib holdings limited Declares Final Dividend for the Period Ended June 30, 2022, Payable on October 4, 2022

Here's Why I Think nib holdings (ASX:NHF) Is An Interesting Stock

nib holdings limited to Report Second Half, 2022 Results on Aug 22, 2022