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New Zealand (NZX) Healthcare Services Industry Analysis

UpdatedJun 14, 2026
DataAggregated Company Financials
Companies8
  • 7D3.7%
  • 3M-6.5%
  • 1Y-27.6%
  • YTD-24.4%

Over the last 7 days, the Healthcare Services industry has risen 3.7%, driven by gains from EBOS Group of 6.5%. However, the industry is down 28% over the past year. As for the next few years, earnings are expected to grow by 40% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Jun 2026NZ$9.5bNZ$17.5bNZ$385.5m13.8x24.6x0.5x
Tue, 12 May 2026NZ$9.2bNZ$17.6bNZ$37.3m12.8x246.5x0.5x
Thu, 09 Apr 2026NZ$9.9bNZ$17.5bNZ$35.5m13.5x278.4x0.6x
Sat, 07 Mar 2026NZ$10.3bNZ$17.2bNZ$31.1m14.1x332.5x0.6x
Mon, 02 Feb 2026NZ$11.7bNZ$15.8bNZ$118.9m15x98.4x0.7x
Wed, 31 Dec 2025NZ$12.5bNZ$15.8bNZ$118.6m16.5x105.1x0.8x
Fri, 28 Nov 2025NZ$12.6bNZ$15.7bNZ$115.6m17x109.2x0.8x
Sun, 26 Oct 2025NZ$12.3bNZ$15.5bNZ$219.6m16.6x56x0.8x
Tue, 23 Sep 2025NZ$11.5bNZ$15.4bNZ$218.1m15.4x52.9x0.8x
Thu, 21 Aug 2025NZ$13.9bNZ$15.5bNZ$220.9m15.5x63x0.9x
Sat, 19 Jul 2025NZ$14.3bNZ$15.3bNZ$218.0m16.5x65.5x0.9x
Mon, 16 Jun 2025NZ$12.9bNZ$15.2bNZ$214.7m13.2x60.3x0.9x
Wed, 14 May 2025NZ$13.8bNZ$15.2bNZ$500.1m11.9x27.6x0.9x
Fri, 11 Apr 2025NZ$13.4bNZ$15.2bNZ$499.7m11.6x26.8x0.9x
Sun, 09 Mar 2025NZ$12.9bNZ$15.4bNZ$504.1m12.7x25.6x0.8x
Tue, 04 Feb 2025NZ$14.4bNZ$16.1bNZ$587.0m11.1x24.6x0.9x
Thu, 02 Jan 2025NZ$14.2bNZ$16.1bNZ$581.4m12.1x24.4x0.9x
Sat, 30 Nov 2024NZ$14.3bNZ$16.0bNZ$586.1m9.7x24.4x0.9x
Mon, 28 Oct 2024NZ$15.5bNZ$16.3bNZ$864.8m13.7x18x1x
Wed, 25 Sep 2024NZ$14.4bNZ$16.1bNZ$860.4m16.1x16.7x0.9x
Fri, 23 Aug 2024NZ$15.0bNZ$16.1bNZ$889.1m15.6x16.9x0.9x
Sun, 21 Jul 2024NZ$13.3bNZ$15.8bNZ$878.4m13.2x15.2x0.8x
Tue, 18 Jun 2024NZ$12.0bNZ$15.4bNZ$869.8m12.4x13.8x0.8x
Thu, 16 May 2024NZ$12.9bNZ$15.5bNZ$1.1b10.3x12x0.8x
Sat, 13 Apr 2024NZ$13.9bNZ$15.4bNZ$1.1b12.3x12.9x0.9x
Mon, 11 Mar 2024NZ$14.0bNZ$15.2bNZ$1.1b11.9x13.1x0.9x
Wed, 07 Feb 2024NZ$14.9bNZ$14.7bNZ$897.4m14.2x16.6x1x
Fri, 05 Jan 2024NZ$14.9bNZ$14.8bNZ$899.1m16x16.5x1x
Sun, 03 Dec 2023NZ$14.4bNZ$14.7bNZ$898.8m14.6x16x1x
Tue, 31 Oct 2023NZ$14.2bNZ$14.9bNZ$886.3m22.8x16x1x
Thu, 28 Sep 2023NZ$14.9bNZ$14.6bNZ$880.6m20.8x17x1x
Sat, 26 Aug 2023NZ$15.3bNZ$14.8bNZ$879.3m21.3x17.4x1x
Mon, 24 Jul 2023NZ$15.9bNZ$14.1bNZ$859.7m23.5x18.5x1.1x
Wed, 21 Jun 2023NZ$15.3bNZ$14.2bNZ$861.7m22.6x17.8x1.1x
Price to Earnings Ratio

17.8x


Total Market Cap: NZ$15.3bTotal Earnings: NZ$861.7mTotal Revenue: NZ$14.2bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Healthcare Services Industry Price to Earnings3Y Average 49.8x202420252026
Current Industry PE
  • Investors are pessimistic on the New Zealander Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.6x which is lower than its 3-year average PE of 49.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 24% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.2% 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 industry?

NZ Market1.16%
Healthcare5.25%
Healthcare Services3.71%
Healthcare Distributors6.46%
Healthcare Facilities1.46%
Healthcare Services-3.15%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 68.4%, which is higher than its past year's earnings growth of 6.3% per year.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 19.7x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings growth rate of 6.3% per year.
  • In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 8.3% 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
EBO EBOS GroupNZ$21.416.5%
+NZ$269.0m		-41.4%PE16x
RYM Ryman HealthcareNZ$2.302.2%
+NZ$50.7m		6.0%PS2.7x
SUM Summerset Group HoldingsNZ$8.191.6%
+NZ$31.7m		-27.5%PE7.7x
RAD Radius Residential CareNZ$0.391.3%
+NZ$1.4m		32.2%PE11.7x

Latest News

RYM
NZ$2.30
Ryman Healthcare
7D
2.2%
1Y
6.0%
RAD
NZ$0.39
Radius Residential Care
7D
1.3%
1Y
32.2%
EBO
NZ$21.41
EBOS Group
7D
6.5%
1Y
-41.4%
Narrative Update • Jun 07

EBO: Discount Rate Shift Will Support Future Capital Efficiency Reassessment

Analysts have trimmed their NZ$ fair value estimate for EBOS Group from NZ$33.31 to NZ$31.32, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E multiples. What's in the News No recent company specific news, periodical coverage or key development items were provided for EBOS Group, so there are currently no additional news highlights to summarize.
TAH
NZ$4.61
Third Age Health Services
7D
-3.2%
1Y
33.2%
Analysis Article • Jun 05

Third Age Health Services' (NZSE:TAH) Earnings Offer More Than Meets The Eye

Shareholders appeared to be happy with Third Age Health Services Limited's ( NZSE:TAH ) solid earnings report last...
PHL
NZ$0.66
Promisia Healthcare
7D
-2.9%
1Y
73.7%
Analysis Article • Jun 04

We Think That There Are Issues Underlying Promisia Healthcare's (NZSE:PHL) Earnings

Promisia Healthcare Limited's ( NZSE:PHL ) stock was strong after they recently reported robust earnings. However, we...
OCA
NZ$0.74
Oceania Healthcare
7D
-2.0%
1Y
19.4%
SUM
NZ$8.19
Summerset Group Holdings
7D
1.6%
1Y
-27.5%