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New Zealand (NZX) Healthcare Services Industry Analysis

UpdatedMar 25, 2023
DataAggregated Company Financials
  • 7D-2.0%
  • 3M-1.3%
  • 1Y-18.9%
  • YTD-4.2%

Over the last 7 days, the Healthcare Services industry has dropped 2.0%, driven by declines from every company within the industry. Overall the industry is down 19% in 12 months. Earnings are forecast to grow by 9.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Mar 2023NZ$15.4bNZ$13.8bNZ$1.4b14.7x11.4x1.1x
Mon, 20 Feb 2023NZ$15.1bNZ$13.2bNZ$1.5b16.9x10.2x1.1x
Wed, 18 Jan 2023NZ$15.3bNZ$13.0bNZ$1.5b16.7x10.3x1.2x
Fri, 16 Dec 2022NZ$14.9bNZ$12.8bNZ$1.5b16.3x10.1x1.2x
Sun, 13 Nov 2022NZ$15.6bNZ$13.1bNZ$1.6b9.5x9.9x1.2x
Tue, 11 Oct 2022NZ$15.2bNZ$13.5bNZ$1.6b10.6x9.6x1.1x
Thu, 08 Sep 2022NZ$16.3bNZ$13.3bNZ$1.6b11.2x10.3x1.2x
Sat, 06 Aug 2022NZ$16.6bNZ$12.1bNZ$1.7b11.6x9.8x1.4x
Mon, 04 Jul 2022NZ$15.6bNZ$12.1bNZ$1.7b10.6x9.2x1.3x
Wed, 01 Jun 2022NZ$17.1bNZ$12.1bNZ$1.7b12x10.1x1.4x
Fri, 29 Apr 2022NZ$17.4bNZ$11.9bNZ$1.5b9.4x11.5x1.5x
Sun, 27 Mar 2022NZ$17.0bNZ$11.8bNZ$1.5b9.7x11.3x1.4x
Tue, 22 Feb 2022NZ$17.1bNZ$11.7bNZ$1.5b9.3x11.7x1.5x
Thu, 20 Jan 2022NZ$18.5bNZ$11.0bNZ$1.4b11.6x12.8x1.7x
Sat, 18 Dec 2021NZ$18.9bNZ$10.9bNZ$1.4bn/a13.1x1.7x
Mon, 15 Nov 2021NZ$18.7bNZ$10.7bNZ$1.3b16.9x13.9x1.7x
Wed, 13 Oct 2021NZ$18.7bNZ$10.9bNZ$1.3b17.3x13.9x1.7x
Fri, 10 Sep 2021NZ$18.9bNZ$11.0bNZ$1.3b17.6x14x1.7x
Sun, 08 Aug 2021NZ$17.3bNZ$10.9bNZ$1.3b12.9x12.8x1.6x
Sat, 01 May 2021NZ$16.8bNZ$11.0bNZ$1.2b13x13.9x1.5x
Tue, 02 Feb 2021NZ$17.3bNZ$10.7bNZ$847.9m16.8x20.5x1.6x
Fri, 06 Nov 2020NZ$15.3bNZ$10.6bNZ$653.2m23.6x23.5x1.4x
Mon, 10 Aug 2020NZ$13.4bNZ$10.3bNZ$556.2m21.1x24.2x1.3x
Sun, 03 May 2020NZ$12.2bNZ$9.5bNZ$617.0m20.9x19.8x1.3x
Price to Earnings Ratio


Total Market Cap: NZ$11.0bTotal Earnings: NZ$622.0mTotal Revenue: NZ$9.5bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Healthcare Services Industry Price to Earnings3Y Average 15.1x202120222023
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 11.4x which is lower than its 3-year average PE of 15.1x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the New Zealand Healthcare industry?

NZ Market-1.14%
Healthcare Services-1.97%
Managed Healthcare0%
Healthcare Distributors-1.50%
Healthcare Services-1.91%
Healthcare Facilities-2.57%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 30.7x.
    • Analysts are expecting annual earnings growth of 9.5%, which is lower than the prior year's growth of 19.9% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 12.6x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 9.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 20% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 9.1% 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
No data available
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