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New Zealand (NZX) Healthcare Services Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies8
  • 7D0.5%
  • 3M5.0%
  • 1Y4.1%
  • YTD4.3%

The Healthcare Services industry has stayed flat over the last week. The past year has been better, since the industry has gained 4.2% in that time. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025NZ$14.9bNZ$16.1bNZ$587.8m12.1x25.3x0.9x
Tue, 14 Jan 2025NZ$13.9bNZ$16.1bNZ$581.1m13.4x23.8x0.9x
Thu, 12 Dec 2024NZ$13.7bNZ$16.0bNZ$585.4m9.7x23.4x0.9x
Sat, 09 Nov 2024NZ$15.2bNZ$16.3bNZ$865.6m14.1x17.5x0.9x
Mon, 07 Oct 2024NZ$14.9bNZ$16.3bNZ$863.9m13.6x17.3x0.9x
Wed, 04 Sep 2024NZ$15.0bNZ$16.1bNZ$860.1m15.6x17.4x0.9x
Fri, 02 Aug 2024NZ$14.6bNZ$15.6bNZ$874.8m13.6x16.7x0.9x
Sun, 30 Jun 2024NZ$12.1bNZ$15.6bNZ$873.8m12.2x13.8x0.8x
Tue, 28 May 2024NZ$13.1bNZ$15.4bNZ$819.1m13.3x15.9x0.8x
Thu, 25 Apr 2024NZ$13.7bNZ$15.5bNZ$1.1b11.6x12.7x0.9x
Sat, 23 Mar 2024NZ$13.9bNZ$15.4bNZ$1.1b12.4x13x0.9x
Mon, 19 Feb 2024NZ$14.9bNZ$14.6bNZ$896.2m13.7x16.6x1x
Wed, 17 Jan 2024NZ$14.9bNZ$14.7bNZ$898.1m16.3x16.6x1x
Fri, 15 Dec 2023NZ$13.8bNZ$14.8bNZ$899.0m14.5x15.4x0.9x
Sun, 12 Nov 2023NZ$14.8bNZ$14.7bNZ$883.2m23.1x16.8x1x
Tue, 10 Oct 2023NZ$14.5bNZ$14.5bNZ$878.9m24.3x16.5x1x
Thu, 07 Sep 2023NZ$15.4bNZ$14.7bNZ$883.4m21.5x17.4x1x
Sat, 05 Aug 2023NZ$15.8bNZ$14.0bNZ$856.9m23.3x18.4x1.1x
Mon, 03 Jul 2023NZ$15.3bNZ$14.1bNZ$858.4m22.7x17.9x1.1x
Wed, 31 May 2023NZ$15.8bNZ$14.0bNZ$877.4m16.3x18x1.1x
Fri, 28 Apr 2023NZ$15.4bNZ$13.9bNZ$1.4b14.3x11.3x1.1x
Sun, 26 Mar 2023NZ$15.4bNZ$13.8bNZ$1.4b14.7x11.4x1.1x
Tue, 21 Feb 2023NZ$15.1bNZ$13.2bNZ$1.5b16.5x10.2x1.1x
Thu, 19 Jan 2023NZ$15.3bNZ$13.0bNZ$1.5b16.3x10.4x1.2x
Sat, 17 Dec 2022NZ$15.0bNZ$12.7bNZ$1.5b16.1x10.2x1.2x
Mon, 14 Nov 2022NZ$15.6bNZ$13.1bNZ$1.6b9.5x9.9x1.2x
Wed, 12 Oct 2022NZ$15.4bNZ$13.5bNZ$1.6b10.6x9.7x1.1x
Fri, 09 Sep 2022NZ$16.4bNZ$13.3bNZ$1.6b11.3x10.4x1.2x
Sun, 07 Aug 2022NZ$16.6bNZ$12.1bNZ$1.7b11.6x9.8x1.4x
Tue, 05 Jul 2022NZ$15.7bNZ$12.1bNZ$1.7b10.6x9.3x1.3x
Thu, 02 Jun 2022NZ$17.0bNZ$12.1bNZ$1.7b12.2x10.1x1.4x
Sat, 30 Apr 2022NZ$17.4bNZ$11.9bNZ$1.5b9.3x11.5x1.5x
Mon, 28 Mar 2022NZ$17.0bNZ$11.8bNZ$1.5b9.7x11.3x1.4x
Wed, 23 Feb 2022NZ$17.1bNZ$11.7bNZ$1.5b23.9x11.7x1.5x
Price to Earnings Ratio

11.7x


Total Market Cap: NZ$17.1bTotal Earnings: NZ$1.5bTotal Revenue: NZ$11.7bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Healthcare Services Industry Price to Earnings3Y Average 14.3x202320242025
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 25.3x which is higher than its 3-year average PE of 14.3x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 26% 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 industry?

NZ Market0.79%
Healthcare1.22%
Healthcare Services0.54%
Healthcare Services16.67%
Healthcare Distributors0.60%
Healthcare Facilities0.41%
Managed Healthcare0%0
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry, which is trading close to its 3-year average PE ratio of 31.1x.
    • Analysts expect its future annual earnings growth (7.1%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 21.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 23% over the next 5 years.
  • However this is lower than its past earnings growth rate of 52% per year.
  • In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 7.1% 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
EBO EBOS GroupNZ$41.800.6%
+NZ$48.7m		11.9%PE27x
SUM Summerset Group HoldingsNZ$13.051.3%
+NZ$40.2m		16.5%PE7.6x
TAH Third Age Health ServicesNZ$3.1516.7%
+NZ$4.5m		115.8%PE16.7x
PHL Promisia HealthcareNZ$0.398.3%
+NZ$1.6m		n/aPE2.8x
MEE Me TodayNZ$0.0751.4%
+NZ$54.3k		-22.7%PS0.8x
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Latest News

TAH

NZ$3.15

Third Age Health Services

7D

16.7%

1Y

115.8%

EBO

NZ$41.80

EBOS Group

7D

0.6%

1Y

11.9%

Return Trends At EBOS Group (NZSE:EBO) Aren't Appealing

Feb 11
Return Trends At EBOS Group (NZSE:EBO) Aren't Appealing

PHL

NZ$0.39

Promisia Healthcare

7D

8.3%

1Y

n/a

MEE

NZ$0.075

Me Today

7D

1.4%

1Y

-22.7%

Why We Think Me Today Limited's (NZSE:MEE) CEO Compensation Is Not Excessive At All

Dec 09
Why We Think Me Today Limited's (NZSE:MEE) CEO Compensation Is Not Excessive At All

OCA

NZ$0.78

Oceania Healthcare

7D

-2.5%

1Y

16.4%

Estimating The Intrinsic Value Of Oceania Healthcare Limited (NZSE:OCA)

Nov 26
Estimating The Intrinsic Value Of Oceania Healthcare Limited (NZSE:OCA)

SUM

NZ$13.05

Summerset Group Holdings

7D

1.3%

1Y

16.5%