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New Zealand (NZX) Healthcare Sector Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies15
  • 7D2.8%
  • 3M2.6%
  • 1Y32.6%
  • YTD0.7%

The Healthcare industry is up 2.8% in the last week, with Summerset Group Holdings up 3.5%. In the same time, AFT Pharmaceuticals was down 7.1%. This means that the industry has gained 33% over the past year. Looking forward, earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Jan 2025NZ$37.2bNZ$18.2bNZ$734.5m14.7x50.6x2x
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
Thu, 20 Oct 2022NZ$27.3bNZ$15.1bNZ$1.9b17x14.1x1.8x
Sat, 17 Sep 2022NZ$28.2bNZ$15.2bNZ$1.9b16.8x14.6x1.9x
Mon, 15 Aug 2022NZ$29.7bNZ$14.0bNZ$2.1b19x14.5x2.1x
Wed, 13 Jul 2022NZ$29.0bNZ$13.9bNZ$2.1b20.8x14.1x2.1x
Fri, 10 Jun 2022NZ$29.4bNZ$14.1bNZ$2.1b21.8x14.3x2.1x
Sun, 08 May 2022NZ$30.7bNZ$14.1bNZ$2.0b24.3x15.2x2.2x
Tue, 05 Apr 2022NZ$32.7bNZ$14.0bNZ$2.0b24.8x16.2x2.3x
Thu, 03 Mar 2022NZ$34.9bNZ$13.8bNZ$2.0b24.4x17.3x2.5x
Sat, 29 Jan 2022NZ$35.7bNZ$13.1bNZ$1.9b25.7x18.3x2.7x
Price to Earnings Ratio

18.3x


Total Market Cap: NZ$35.7bTotal Earnings: NZ$1.9bTotal Revenue: NZ$13.1bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Healthcare Sector Price to Earnings3Y Average 24.4x202320242025
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 50.6x which is higher than its 3-year average PE of 24.4x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 Market1.72%
Healthcare2.84%
Medical Equipment3.86%
Healthcare Services1.45%
Healthtech0%0
Life Sciences0%0
Biotech-1.67%
Pharma-5.81%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 68.7x.
    • Analysts are expecting annual earnings growth of 24.1%, which is higher than its past year's earnings decline of 31.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 32% per year.
  • In contrast, the Biotech industry is expected to see its earnings grow by 10.0% 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$13.153.5%
+NZ$106.4m		24.6%PE7.7x
OCA Oceania HealthcareNZ$0.785.4%
+NZ$29.0m		11.4%PS2.1x
EBO EBOS GroupNZ$36.640.3%
+NZ$19.5m		0.8%PE23.8x
FPH Fisher & Paykel HealthcareNZ$38.300.03%
+NZ$5.9m		61.3%PE125.8x
PEB Pacific EdgeNZ$0.0613.4%
+NZ$1.6m		-41.3%PS2.2x
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TAH

NZ$2.77

Third Age Health Services

7D

-1.1%

1Y

84.7%

PEB

NZ$0.061

Pacific Edge

7D

3.4%

1Y

-41.3%

EBO

NZ$36.64

EBOS Group

7D

0.3%

1Y

0.8%

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PHL

NZ$0.38

Promisia Healthcare

7D

2.7%

1Y

n/a

RAD

NZ$0.20

Radius Residential Care

7D

-1.5%

1Y

37.3%

FPH

NZ$38.30

Fisher & Paykel Healthcare

7D

0.03%

1Y

61.3%

MEE

NZ$0.068

Me Today

7D

-6.8%

1Y

-24.4%

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AFT

NZ$2.74

AFT Pharmaceuticals

7D

-7.1%

1Y

-24.9%

OCA

NZ$0.78

Oceania Healthcare

7D

5.4%

1Y

11.4%

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SUM

NZ$13.15

Summerset Group Holdings

7D

3.5%

1Y

24.6%

GFI

NZ$0.024

Greenfern Industries

7D

-17.2%

1Y

-51.0%