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New Zealand (NZX) Medical Equipment Industry Analysis

UpdatedFeb 19, 2025
DataAggregated Company Financials
Companies2
  • 7D0.7%
  • 3M-4.6%
  • 1Y48.9%
  • YTD-7.0%

Over the last 7 days, the Medical Equipment industry has risen 1.4%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 46%. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Feb 2025NZ$21.0bNZ$1.9bNZ$176.7m116.1x118.8x11.1x
Fri, 17 Jan 2025NZ$22.1bNZ$1.9bNZ$176.7m124.3x125.2x11.7x
Sun, 15 Dec 2024NZ$21.6bNZ$1.9bNZ$176.7m120.8x122.2x11.4x
Tue, 12 Nov 2024NZ$22.1bNZ$1.7bNZ$130.5m166.8x169.5x12.7x
Thu, 10 Oct 2024NZ$21.1bNZ$1.7bNZ$130.5m159.4x162x12.1x
Sat, 07 Sep 2024NZ$21.9bNZ$1.7bNZ$130.5m165.3x168x12.6x
Mon, 05 Aug 2024NZ$19.2bNZ$1.7bNZ$130.5m144.7x147x11x
Wed, 03 Jul 2024NZ$17.2bNZ$1.7bNZ$130.5m129.4x131.5x9.8x
Fri, 31 May 2024NZ$16.7bNZ$1.7bNZ$130.1m125.5x128x9.5x
Sun, 28 Apr 2024NZ$16.0bNZ$1.7bNZ$259.2m61.1x61.8x9.4x
Tue, 26 Mar 2024NZ$15.2bNZ$1.7bNZ$259.2m59x58.7x9x
Thu, 22 Feb 2024NZ$13.9bNZ$1.7bNZ$259.2m53.3x53.5x8.2x
Sat, 20 Jan 2024NZ$13.7bNZ$1.7bNZ$259.2m52.1x52.7x8.1x
Mon, 18 Dec 2023NZ$14.0bNZ$1.7bNZ$259.2m53.4x53.9x8.2x
Wed, 15 Nov 2023NZ$12.7bNZ$1.6bNZ$247.8m50.9x51.4x8x
Fri, 13 Oct 2023NZ$12.4bNZ$1.6bNZ$247.9m49.5x50.1x7.8x
Sun, 10 Sep 2023NZ$12.5bNZ$1.6bNZ$247.9m49.9x50.4x7.9x
Tue, 08 Aug 2023NZ$14.0bNZ$1.6bNZ$247.9m55.9x56.5x8.8x
Thu, 06 Jul 2023NZ$14.3bNZ$1.6bNZ$247.9m57.2x57.8x9x
Sat, 03 Jun 2023NZ$13.9bNZ$1.6bNZ$247.9m55.5x56.1x8.8x
Mon, 01 May 2023NZ$16.0bNZ$1.5bNZ$243.1m63.9x66x10.9x
Wed, 29 Mar 2023NZ$15.3bNZ$1.5bNZ$243.1m60.9x62.9x10.4x
Fri, 24 Feb 2023NZ$15.0bNZ$1.5bNZ$243.1m60x61.6x10.1x
Sun, 22 Jan 2023NZ$15.2bNZ$1.5bNZ$243.1m60.6x62.6x10.3x
Tue, 20 Dec 2022NZ$12.8bNZ$1.5bNZ$243.1m50.6x52.5x8.6x
Thu, 17 Nov 2022NZ$11.3bNZ$1.7bNZ$369.0m29.7x30.7x6.7x
Sat, 15 Oct 2022NZ$10.8bNZ$1.7bNZ$369.0m28.7x29.3x6.4x
Mon, 12 Sep 2022NZ$11.7bNZ$1.7bNZ$369.0m30.9x31.7x6.9x
Wed, 10 Aug 2022NZ$12.4bNZ$1.7bNZ$369.0m32.8x33.6x7.4x
Fri, 08 Jul 2022NZ$12.3bNZ$1.7bNZ$369.0m32.5x33.2x7.3x
Sun, 05 Jun 2022NZ$12.0bNZ$1.7bNZ$369.0m31.8x32.6x7.1x
Tue, 03 May 2022NZ$12.4bNZ$2.0bNZ$517.3m23.7x23.9x6.3x
Thu, 31 Mar 2022NZ$14.4bNZ$2.0bNZ$517.3m27.5x27.8x7.3x
Sat, 26 Feb 2022NZ$16.3bNZ$2.0bNZ$517.3mn/a31.5x8.3x
Price to Earnings Ratio

31.5x


Total Market Cap: NZ$16.3bTotal 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 71x202320242025
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 Market0.98%
Healthcare0.49%
Medical Equipment0.72%
Medical Equipment0.72%
Medical Supplies0%0
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 70.6x.
    • Analysts are expecting annual earnings growth of 23.9%, 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 70.6x.
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
FPH Fisher & Paykel HealthcareNZ$35.400.8%
+NZ$170.0m		48.2%PE116.2x
TRU TruScreen GroupNZ$0.0293.6%
+NZ$552.6k		31.8%PS6x
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Latest News

FPH

NZ$35.40

Fisher & Paykel Healthcare

7D

0.8%

1Y

48.2%

Returns On Capital At Fisher & Paykel Healthcare (NZSE:FPH) Paint A Concerning Picture

Feb 07
Returns On Capital At Fisher & Paykel Healthcare (NZSE:FPH) Paint A Concerning Picture

TRU

NZ$0.029

TruScreen Group

7D

3.6%

1Y

31.8%