Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

New Zealand (NZX) Healthcare Sector Analysis

UpdatedAug 24, 2025
DataAggregated Company Financials
Companies13
  • 7D0.4%
  • 3M3.3%
  • 1Y-1.9%
  • YTD-6.4%

Over the last 7 days, the Healthcare industry has remained flat. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Aug 2025NZ$36.4bNZ$17.8bNZ$574.5m18.6x63.4x2x
Tue, 22 Jul 2025NZ$36.5bNZ$17.6bNZ$571.2m18.2x63.8x2.1x
Thu, 19 Jun 2025NZ$35.1bNZ$17.4bNZ$567.6m14.8x61.8x2x
Sat, 17 May 2025NZ$36.0bNZ$17.3bNZ$656.2m16.4x54.8x2.1x
Mon, 14 Apr 2025NZ$32.8bNZ$17.2bNZ$654.1m15.6x50.2x1.9x
Wed, 12 Mar 2025NZ$33.6bNZ$17.5bNZ$660.0m17.4x51x1.9x
Fri, 07 Feb 2025NZ$35.5bNZ$18.2bNZ$734.2m14.8x48.3x1.9x
Sun, 05 Jan 2025NZ$37.0bNZ$18.2bNZ$729.3m13.2x50.7x2x
Tue, 03 Dec 2024NZ$37.1bNZ$18.2bNZ$733.3m13.2x50.5x2x
Thu, 31 Oct 2024NZ$36.9bNZ$18.2bNZ$966.8m19.9x38.2x2x
Sat, 28 Sep 2024NZ$35.8bNZ$18.1bNZ$963.7m19x37.2x2x
Mon, 26 Aug 2024NZ$36.2bNZ$18.0bNZ$987.9m20.6x36.7x2x
Wed, 24 Jul 2024NZ$33.8bNZ$17.7bNZ$977.7m19x34.6x1.9x
Fri, 21 Jun 2024NZ$30.8bNZ$17.5bNZ$963.1m16.8x32x1.8x
Sun, 19 May 2024NZ$30.4bNZ$17.3bNZ$1.3b22.6x23.7x1.8x
Tue, 16 Apr 2024NZ$30.0bNZ$17.3bNZ$1.3b24.4x23.3x1.7x
Thu, 14 Mar 2024NZ$28.9bNZ$17.1bNZ$1.3b25.4x22.6x1.7x
Sat, 10 Feb 2024NZ$29.6bNZ$16.4bNZ$1.1b18.5x26.3x1.8x
Mon, 08 Jan 2024NZ$29.4bNZ$16.6bNZ$1.1b23.4x26x1.8x
Wed, 06 Dec 2023NZ$28.5bNZ$16.6bNZ$1.1b23.4x25.2x1.7x
Fri, 03 Nov 2023NZ$27.8bNZ$16.6bNZ$1.1b25.6x25x1.7x
Sun, 01 Oct 2023NZ$27.9bNZ$16.4bNZ$1.1b28.7x25.3x1.7x
Tue, 29 Aug 2023NZ$28.7bNZ$16.5bNZ$1.1b30x26.2x1.7x
Thu, 27 Jul 2023NZ$30.6bNZ$15.8bNZ$1.1b29.2x28.5x1.9x
Sat, 24 Jun 2023NZ$29.7bNZ$15.9bNZ$1.1b29.2x27.6x1.9x
Mon, 22 May 2023NZ$32.4bNZ$15.3bNZ$1.6b18.8x20.5x2.1x
Wed, 19 Apr 2023NZ$31.7bNZ$15.6bNZ$1.6b18.8x20x2x
Fri, 17 Mar 2023NZ$31.0bNZ$15.6bNZ$1.6b18.8x19.6x2x
Sun, 12 Feb 2023NZ$31.5bNZ$14.8bNZ$1.7b18.7x18.5x2.1x
Tue, 10 Jan 2023NZ$29.6bNZ$14.6bNZ$1.7b20x17.4x2x
Thu, 08 Dec 2022NZ$29.8bNZ$14.4bNZ$1.7b21.6x17.6x2.1x
Sat, 05 Nov 2022NZ$27.4bNZ$14.8bNZ$1.9b17.6x14.2x1.8x
Mon, 03 Oct 2022NZ$27.3bNZ$15.4bNZ$1.9b16.7x14.1x1.8x
Wed, 31 Aug 2022NZ$28.8bNZ$15.2bNZ$1.9b17.9x14.9x1.9x
Price to Earnings Ratio

14.9x


Total Market Cap: NZ$28.8bTotal Earnings: NZ$1.9bTotal Revenue: NZ$15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Healthcare Sector Price to Earnings3Y Average 32.1x202320242025
Current Industry PE
  • Investors are optimistic on the New Zealander Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 63.4x which is higher than its 3-year average PE of 32.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 33% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.4% 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 Healthcare sector?

NZ Market2.17%
Healthcare0.43%
Biotech16.67%
Pharma1.24%
Medical Equipment0.69%
Healthcare Services-0.12%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 19.8x.
    • Analysts are expecting annual earnings growth of 25.9%, which is higher than its past year's earnings decline of 3.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Biotech industry, expecting annual earnings growth of 28% over the next 5 years.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 14% 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
FPH Fisher & Paykel HealthcareNZ$37.650.7%
+NZ$152.4m		6.4%PE58.5x
RYM Ryman HealthcareNZ$2.482.9%
+NZ$71.0m		-50.5%PS3.3x
PEB Pacific EdgeNZ$0.1316.7%
+NZ$15.4m		31.7%PS4.7x
SUM Summerset Group HoldingsNZ$10.870.3%
+NZ$7.2m		-5.5%PE7.7x
RUA Rua BioscienceNZ$0.05729.5%
+NZ$2.9m		26.7%PS12.1x

Latest News

FPH
NZ$37.65
Fisher & Paykel Healthcare
7D
0.7%
1Y
6.4%
TAH
NZ$4.36
Third Age Health Services
7D
-0.7%
1Y
119.1%
EBO
NZ$40.05
EBOS Group
7D
-1.0%
1Y
11.3%
RUA
NZ$0.057
Rua Bioscience
7D
29.5%
1Y
26.7%
SUM
NZ$10.87
Summerset Group Holdings
7D
0.3%
1Y
-5.5%
RAD
NZ$0.37
Radius Residential Care
7D
-5.1%
1Y
68.2%

Why We Think Radius Residential Care Limited's (NZSE:RAD) CEO Compensation Is Not Excessive At All

Jul 31
Why We Think Radius Residential Care Limited's (NZSE:RAD) CEO Compensation Is Not Excessive At All
BLT
NZ$0.018
BLIS Technologies
7D
-5.3%
1Y
-10.0%

Earnings Not Telling The Story For BLIS Technologies Limited (NZSE:BLT) After Shares Rise 27%

Jul 26
Earnings Not Telling The Story For BLIS Technologies Limited (NZSE:BLT) After Shares Rise 27%
AFT
NZ$2.58
AFT Pharmaceuticals
7D
0.8%
1Y
-20.9%

We Think Shareholders May Want To Consider A Review Of AFT Pharmaceuticals Limited's (NZSE:AFT) CEO Compensation Package

Jul 25
We Think Shareholders May Want To Consider A Review Of AFT Pharmaceuticals Limited's (NZSE:AFT) CEO Compensation Package
MEE
NZ$0.069
Me Today
7D
-5.5%
1Y
-11.5%
RYM
NZ$2.48
Ryman Healthcare
7D
2.9%
1Y
-50.5%
TRU
NZ$0.017
TruScreen Group
7D
-5.6%
1Y
6.3%
OCA
NZ$0.65
Oceania Healthcare
7D
-1.5%
1Y
-22.6%

Further Upside For Oceania Healthcare Limited (NZSE:OCA) Shares Could Introduce Price Risks After 27% Bounce

Jul 08
Further Upside For Oceania Healthcare Limited (NZSE:OCA) Shares Could Introduce Price Risks After 27% Bounce
PEB
NZ$0.13
Pacific Edge
7D
16.7%
1Y
31.7%