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New Zealand (NZX) Healthcare Sector Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies13
  • 7D-1.4%
  • 3M-3.2%
  • 1Y-8.2%
  • YTD-9.8%

Last week, the Healthcare industry hasn't moved much but Summerset Group Holdings is up 3.3% in that time. As for the longer term, the industry has declined 7.7% in the last year. Looking forward, earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Nov 2025NZ$35.7bNZ$18.1bNZ$575.1m22.9x62.1x2x
Mon, 13 Oct 2025NZ$34.3bNZ$17.8bNZ$574.0m19.5x59.8x1.9x
Wed, 10 Sep 2025NZ$35.0bNZ$17.5bNZ$569.3m17.9x61.5x2x
Fri, 08 Aug 2025NZ$36.4bNZ$17.6bNZ$572.0m18.7x63.6x2.1x
Sun, 06 Jul 2025NZ$35.7bNZ$17.5bNZ$568.5m16.7x62.8x2x
Tue, 03 Jun 2025NZ$34.7bNZ$17.4bNZ$567.3m15x61.2x2x
Thu, 01 May 2025NZ$33.1bNZ$17.3bNZ$654.3m15.6x50.6x1.9x
Sat, 29 Mar 2025NZ$33.6bNZ$17.5bNZ$659.5m17.3x51x1.9x
Mon, 24 Feb 2025NZ$35.2bNZ$17.6bNZ$706.4m16.7x49.8x2x
Wed, 22 Jan 2025NZ$37.2bNZ$18.2bNZ$733.9m14.7x50.7x2x
Fri, 20 Dec 2024NZ$36.3bNZ$18.2bNZ$728.5m12.4x49.9x2x
Sun, 17 Nov 2024NZ$37.5bNZ$18.2bNZ$967.6m17x38.7x2.1x
Tue, 15 Oct 2024NZ$37.8bNZ$18.3bNZ$968.0m19.9x39.1x2.1x
Thu, 12 Sep 2024NZ$37.3bNZ$18.0bNZ$962.6m20.5x38.7x2.1x
Sat, 10 Aug 2024NZ$34.1bNZ$17.5bNZ$973.1m19.6x35x1.9x
Mon, 08 Jul 2024NZ$29.8bNZ$17.6bNZ$974.4m16.4x30.5x1.7x
Wed, 05 Jun 2024NZ$30.7bNZ$17.3bNZ$1.2b12.9x25.4x1.8x
Fri, 03 May 2024NZ$30.3bNZ$17.5bNZ$1.3b24.3x23.5x1.7x
Sun, 31 Mar 2024NZ$29.2bNZ$17.3bNZ$1.3b23.6x22.7x1.7x
Tue, 27 Feb 2024NZ$28.9bNZ$16.9bNZ$1.3b18.1x22.2x1.7x
Thu, 25 Jan 2024NZ$29.4bNZ$16.7bNZ$1.1b22.8x26x1.8x
Sat, 23 Dec 2023NZ$28.8bNZ$16.7bNZ$1.1b23.4x25.4x1.7x
Mon, 20 Nov 2023NZ$28.3bNZ$16.6bNZ$1.1b26.9x25.5x1.7x
Wed, 18 Oct 2023NZ$27.3bNZ$16.3bNZ$1.1b31x24.7x1.7x
Fri, 15 Sep 2023NZ$28.2bNZ$16.5bNZ$1.1b29x25.4x1.7x
Sun, 13 Aug 2023NZ$29.6bNZ$15.8bNZ$1.1b29x27.5x1.9x
Tue, 11 Jul 2023NZ$30.4bNZ$15.7bNZ$1.1b30x28.4x1.9x
Thu, 08 Jun 2023NZ$29.2bNZ$16.0bNZ$1.1b30.4x27.1x1.8x
Sat, 06 May 2023NZ$31.8bNZ$15.5bNZ$1.6b18.8x20.1x2.1x
Mon, 03 Apr 2023NZ$32.1bNZ$15.5bNZ$1.6b19.4x20.3x2.1x
Wed, 01 Mar 2023NZ$31.1bNZ$15.5bNZ$1.6b18.6x19.6x2x
Fri, 27 Jan 2023NZ$31.2bNZ$14.8bNZ$1.7b18.8x18.4x2.1x
Sun, 25 Dec 2022NZ$28.3bNZ$14.5bNZ$1.7b20.9x16.7x2x
Tue, 22 Nov 2022NZ$28.2bNZ$14.8bNZ$1.8b16.1x15.3x1.9x
Price to Earnings Ratio

15.3x


Total Market Cap: NZ$28.2bTotal Earnings: NZ$1.8bTotal Revenue: NZ$14.8bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Healthcare Sector Price to Earnings3Y Average 35.6x202320242025
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 62.1x which is higher than its 3-year average PE of 35.6x.
  • 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 32% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.9% 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 Market-0.70%
Healthcare-1.39%
Healthcare Services0.021%
Medical Equipment-2.10%
Pharma-2.97%
Biotech-5.59%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 83.0x.
    • Analysts are expecting annual earnings growth of 13.7%, which is lower than the prior year's growth of 184.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Biotech industry, expecting annual earnings growth of 41% 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
SUM Summerset Group HoldingsNZ$12.253.3%
+NZ$94.5m		-3.8%PE8.1x
EBO EBOS GroupNZ$28.820.4%
+NZ$24.6m		-21.9%PE23.9x
TAH Third Age Health ServicesNZ$5.498.7%
+NZ$4.4m		133.6%PE20x
RAD Radius Residential CareNZ$0.384.2%
+NZ$4.3m		97.4%PE15.1x
PHL Promisia HealthcareNZ$0.537.1%
+NZ$1.8m		35.9%PE23.8x

Latest News

AFT
NZ$3.20
AFT Pharmaceuticals
7D
-3.3%
1Y
32.2%
SUM
NZ$12.25
Summerset Group Holdings
7D
3.3%
1Y
-3.8%
PHL
NZ$0.53
Promisia Healthcare
7D
7.1%
1Y
35.9%
PEB
NZ$0.17
Pacific Edge
7D
-5.6%
1Y
35.2%
TAH
NZ$5.49
Third Age Health Services
7D
8.7%
1Y
133.6%
RYM
NZ$2.84
Ryman Healthcare
7D
-3.7%
1Y
-40.8%

RYM: Stable Forecasts Will Support Current Share Price Levels

Narrative Update on Ryman Healthcare Analyst Price Target Analysts have maintained their price target for Ryman Healthcare at $3.07, with only minor adjustments to underlying assumptions. They cite stable forecasts for revenue growth and profit margins as reasons for the consistent valuation.
FPH
NZ$37.69
Fisher & Paykel Healthcare
7D
-2.1%
1Y
1.8%

FPH: Fair Value Assessment Will Remain Steady With Minor Discount Rate Adjustment

Analysts have marginally increased their price target for Fisher & Paykel Healthcare to $36.61. This reflects minor adjustments in company fundamentals and updated discount rate assumptions.
RAD
NZ$0.38
Radius Residential Care
7D
4.2%
1Y
97.4%
OCA
NZ$0.81
Oceania Healthcare
7D
-1.8%
1Y
5.2%
EBO
NZ$28.82
EBOS Group
7D
0.4%
1Y
-21.9%
MEE
NZ$0.059
Me Today
7D
-6.3%
1Y
-26.3%
RUA
NZ$0.03
Rua Bioscience
7D
7.1%
1Y
-3.2%
TRU
NZ$0.02
TruScreen Group
7D
5.3%
1Y
-13.0%