Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

New Zealand (NZX) Medical Equipment Industry Analysis

UpdatedJan 03, 2025
DataAggregated Company Financials
Companies2
  • 7D0.2%
  • 3M6.8%
  • 1Y59.9%
  • YTDn/a

In the last week, the Medical Equipment industry is flat overall, with TruScreen Group standing out by going down 4.2%. As for the the longer term, the industry is up 62% over the past 12 months. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Jan 2025NZ$22.5bNZ$1.9bNZ$176.7m126.1x127.5x11.9x
Sun, 01 Dec 2024NZ$22.3bNZ$1.9bNZ$176.7m124.9x126.3x11.8x
Tue, 29 Oct 2024NZ$21.6bNZ$1.7bNZ$130.5m162.8x165.5x12.4x
Thu, 26 Sep 2024NZ$20.4bNZ$1.7bNZ$130.5m154.1x156.6x11.7x
Sat, 24 Aug 2024NZ$20.7bNZ$1.7bNZ$130.5m156.4x158.9x11.9x
Mon, 22 Jul 2024NZ$18.5bNZ$1.7bNZ$130.5m139.8x142.1x10.6x
Wed, 19 Jun 2024NZ$18.1bNZ$1.7bNZ$130.5m136.7x138.9x10.4x
Fri, 17 May 2024NZ$17.0bNZ$1.7bNZ$259.2m64.8x65.5x10x
Sun, 14 Apr 2024NZ$15.3bNZ$1.7bNZ$259.2m58.5x59.1x9x
Tue, 12 Mar 2024NZ$14.3bNZ$1.7bNZ$259.2m54.8x55.4x8.5x
Thu, 08 Feb 2024NZ$14.6bNZ$1.7bNZ$259.2m55.7x56.3x8.6x
Sat, 06 Jan 2024NZ$14.0bNZ$1.7bNZ$259.2m53.3x54.1x8.3x
Mon, 04 Dec 2023NZ$13.9bNZ$1.7bNZ$259.2m53x53.5x8.2x
Wed, 01 Nov 2023NZ$12.1bNZ$1.6bNZ$247.9m48.4x48.9x7.7x
Fri, 29 Sep 2023NZ$12.4bNZ$1.6bNZ$247.9m49.3x49.8x7.8x
Sun, 27 Aug 2023NZ$13.0bNZ$1.6bNZ$247.9m51.8x52.3x8.2x
Tue, 25 Jul 2023NZ$14.3bNZ$1.6bNZ$247.9m57x57.6x9x
Thu, 22 Jun 2023NZ$14.1bNZ$1.6bNZ$247.9m56.2x56.8x8.9x
Sat, 20 May 2023NZ$15.5bNZ$1.5bNZ$243.1m61.9x63.9x10.5x
Mon, 17 Apr 2023NZ$15.3bNZ$1.5bNZ$243.1m61x63x10.4x
Wed, 15 Mar 2023NZ$14.4bNZ$1.5bNZ$243.1m57.5x59.4x9.8x
Fri, 10 Feb 2023NZ$15.1bNZ$1.5bNZ$243.1m59.8x62.1x10.2x
Sun, 08 Jan 2023NZ$13.4bNZ$1.5bNZ$243.1m53.3x55.1x9.1x
Tue, 06 Dec 2022NZ$14.0bNZ$1.5bNZ$243.1m55.6x57.4x9.5x
Thu, 03 Nov 2022NZ$11.6bNZ$1.7bNZ$369.0m30.7x31.4x6.9x
Sat, 01 Oct 2022NZ$10.7bNZ$1.7bNZ$369.0m28.3x29x6.4x
Mon, 29 Aug 2022NZ$11.7bNZ$1.7bNZ$369.0m30x31.7x6.9x
Wed, 27 Jul 2022NZ$12.1bNZ$1.7bNZ$369.0m32.2x32.9x7.2x
Fri, 24 Jun 2022NZ$11.4bNZ$1.7bNZ$369.0m30.2x30.9x6.8x
Sun, 22 May 2022NZ$12.1bNZ$2.0bNZ$517.3m23.1x23.3x6.1x
Tue, 19 Apr 2022NZ$13.2bNZ$2.0bNZ$517.3m25.3x25.5x6.7x
Thu, 17 Mar 2022NZ$15.7bNZ$2.0bNZ$517.3m30.2x30.4x8x
Sat, 12 Feb 2022NZ$17.5bNZ$2.0bNZ$517.3mn/a33.8x8.9x
Mon, 10 Jan 2022NZ$18.7bNZ$2.0bNZ$517.3m35.8x36.1x9.5x
Price to Earnings Ratio

36.1x


Total Market Cap: NZ$18.7bTotal Earnings: NZ$517.3mTotal Revenue: NZ$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Medical Equipment Industry Price to Earnings3Y Average 67.2x202320242025
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 declined 30% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market0.033%
Healthcare0.58%
Medical Equipment0.16%
Medical Equipment0.16%
Medical Supplies0%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 66.9x.
    • Analysts are expecting annual earnings growth of 24.1%, which is higher than its past year's earnings decline of 31.8% per year.
  • Investors are most pessimistic about the Medical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 66.9x.
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 Medical Equipment industry is expected to see its earnings grow by 24% 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
TRU TruScreen GroupNZ$0.0244.3%
+NZ$552.6k		0%PS4.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

FPH

NZ$38.00

Fisher & Paykel Healthcare

7D

-1.6%

1Y

59.1%

TRU

NZ$0.024

TruScreen Group

7D

4.3%

1Y

0%