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New Zealand (NZX) Medical Equipment Industry Analysis

UpdatedAug 17, 2025
DataAggregated Company Financials
Companies2
  • 7D1.9%
  • 3M0.9%
  • 1Y12.6%
  • YTD-1.6%

In the last week, the Medical Equipment industry is flat overall, with TruScreen Group standing out by going down 5.3%. The past year has been better, since the industry has gained 13% in that time. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the New Zealand Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Aug 2025NZ$21.9bNZ$2.0bNZ$375.0m58.1x58.5x10.8x
Tue, 15 Jul 2025NZ$21.1bNZ$2.0bNZ$375.0m55.8x56.2x10.4x
Thu, 12 Jun 2025NZ$21.5bNZ$2.0bNZ$375.0m56.9x57.2x10.6x
Sat, 10 May 2025NZ$21.1bNZ$1.9bNZ$176.7m118.1x119.4x11.1x
Mon, 07 Apr 2025NZ$20.3bNZ$1.9bNZ$176.7m113.6x114.8x10.7x
Wed, 05 Mar 2025NZ$19.9bNZ$1.9bNZ$176.7m110x112.6x10.5x
Fri, 31 Jan 2025NZ$22.2bNZ$1.9bNZ$176.7m124.2x125.6x11.7x
Sun, 29 Dec 2024NZ$22.6bNZ$1.9bNZ$176.7m126.7x128.1x12x
Tue, 26 Nov 2024NZ$22.6bNZ$1.7bNZ$130.5m173.3x173.2x13x
Thu, 24 Oct 2024NZ$21.7bNZ$1.7bNZ$130.5m163.8x166.5x12.5x
Sat, 21 Sep 2024NZ$21.4bNZ$1.7bNZ$130.5m161.6x164.2x12.3x
Mon, 19 Aug 2024NZ$19.5bNZ$1.7bNZ$130.5m146.6x149x11.1x
Wed, 17 Jul 2024NZ$18.4bNZ$1.7bNZ$130.5m138.4x140.7x10.5x
Fri, 14 Jun 2024NZ$17.8bNZ$1.7bNZ$130.5m134.4x136.6x10.2x
Sun, 12 May 2024NZ$16.9bNZ$1.7bNZ$259.2m64.4x65x9.9x
Tue, 09 Apr 2024NZ$15.0bNZ$1.7bNZ$259.2m57.3x57.9x8.9x
Thu, 07 Mar 2024NZ$14.4bNZ$1.7bNZ$259.2m55.2x55.7x8.5x
Sat, 03 Feb 2024NZ$14.0bNZ$1.7bNZ$259.2m54.3x54x8.3x
Mon, 01 Jan 2024NZ$13.8bNZ$1.7bNZ$259.2m52.7x53.2x8.1x
Wed, 29 Nov 2023NZ$13.1bNZ$1.6bNZ$247.8m52.3x52.9x8.3x
Fri, 27 Oct 2023NZ$12.1bNZ$1.6bNZ$247.9m48.1x48.6x7.6x
Sun, 24 Sep 2023NZ$12.7bNZ$1.6bNZ$247.9m50.9x51.4x8.1x
Tue, 22 Aug 2023NZ$13.0bNZ$1.6bNZ$247.9m52.3x52.6x8.2x
Thu, 20 Jul 2023NZ$14.4bNZ$1.6bNZ$247.9m57.3x57.9x9.1x
Sat, 17 Jun 2023NZ$14.3bNZ$1.6bNZ$247.9m56.9x57.5x9x
Mon, 15 May 2023NZ$15.6bNZ$1.5bNZ$243.1m62x64.1x10.6x
Wed, 12 Apr 2023NZ$15.5bNZ$1.5bNZ$243.1m61.7x63.7x10.5x
Fri, 10 Mar 2023NZ$15.1bNZ$1.5bNZ$243.1m59.8x62.2x10.3x
Sun, 05 Feb 2023NZ$15.2bNZ$1.5bNZ$243.1m60.7x62.7x10.3x
Tue, 03 Jan 2023NZ$13.1bNZ$1.5bNZ$243.1m52.1x53.9x8.9x
Thu, 01 Dec 2022NZ$13.2bNZ$1.5bNZ$243.1m54.3x54.3x8.9x
Sat, 29 Oct 2022NZ$11.2bNZ$1.7bNZ$369.0m29.7x30.4x6.7x
Mon, 26 Sep 2022NZ$11.0bNZ$1.7bNZ$369.0m29.3x29.9x6.6x
Wed, 24 Aug 2022NZ$11.5bNZ$1.7bNZ$369.0m30.6x31.3x6.8x
Price to Earnings Ratio

31.3x


Total Market Cap: NZ$11.5bTotal Earnings: NZ$369.0mTotal Revenue: NZ$1.7bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Medical Equipment Industry Price to Earnings3Y Average 80.7x202320242025
Current Industry PE
    There are only 2 companies in the New Zealander Medical Equipment industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 6.3% 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 and as a result, profits have held steady.

Industry Trends

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

NZ Market0.042%
Healthcare0.60%
Medical Equipment1.90%
Medical Equipment1.90%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 80.7x.
    • Analysts are expecting annual earnings growth of 13.5%, which is lower than the prior year's growth of 184.5% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 80.7x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 14% 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
FPH Fisher & Paykel HealthcareNZ$37.391.9%
+NZ$410.4m
12.6%PE58.1x