Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

New Zealand (NZX) Medical Equipment Industry Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies2
  • 7D-2.6%
  • 3M1.1%
  • 1Y3.7%
  • YTD-0.2%

Over the last 7 days, the Medical Equipment industry has dropped 2.6%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 3.7%. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026NZ$22.1bNZ$2.3bNZ$466.2m47.1x47.4x9.6x
Sat, 23 May 2026NZ$20.0bNZ$2.2bNZ$434.5m45.8x46.1x9.3x
Mon, 20 Apr 2026NZ$22.3bNZ$2.2bNZ$434.5m51.1x51.4x10.3x
Wed, 18 Mar 2026NZ$22.7bNZ$2.2bNZ$434.5m51.9x52.2x10.5x
Fri, 13 Feb 2026NZ$23.1bNZ$2.2bNZ$434.5m52.9x53.2x10.7x
Sun, 11 Jan 2026NZ$22.6bNZ$2.2bNZ$434.5m51.7x52x10.5x
Tue, 09 Dec 2025NZ$22.4bNZ$2.2bNZ$434.5m51.3x51.6x10.4x
Thu, 06 Nov 2025NZ$21.7bNZ$2.0bNZ$375.0m58.8x58x10.7x
Sat, 04 Oct 2025NZ$22.2bNZ$2.0bNZ$375.0m58.8x59.2x11x
Mon, 01 Sep 2025NZ$21.5bNZ$2.0bNZ$375.0m57x57.4x10.6x
Wed, 30 Jul 2025NZ$21.7bNZ$2.0bNZ$375.0m57.5x57.9x10.7x
Fri, 27 Jun 2025NZ$21.4bNZ$2.0bNZ$375.0m56.6x56.9x10.6x
Sun, 25 May 2025NZ$21.2bNZ$1.9bNZ$176.7m118.6x119.9x11.2x
Tue, 22 Apr 2025NZ$19.7bNZ$1.9bNZ$176.7m110x111.3x10.4x
Thu, 20 Mar 2025NZ$19.1bNZ$1.9bNZ$176.7m106.7x107.9x10.1x
Sat, 15 Feb 2025NZ$20.6bNZ$1.9bNZ$176.7m117.5x116.5x10.9x
Mon, 13 Jan 2025NZ$22.2bNZ$1.9bNZ$176.7m124.5x125.9x11.7x
Wed, 11 Dec 2024NZ$21.7bNZ$1.9bNZ$176.7m122x122.8x11.5x
Fri, 08 Nov 2024NZ$21.1bNZ$1.7bNZ$130.5m160.9x161.7x12.1x
Sun, 06 Oct 2024NZ$21.1bNZ$1.7bNZ$130.5m158.9x161.5x12.1x
Tue, 03 Sep 2024NZ$21.4bNZ$1.7bNZ$130.5m161.3x163.9x12.3x
Thu, 01 Aug 2024NZ$19.0bNZ$1.7bNZ$130.5m142.9x145.2x10.9x
Sat, 29 Jun 2024NZ$17.6bNZ$1.7bNZ$130.5m132.5x134.6x10.1x
Mon, 27 May 2024NZ$16.6bNZ$1.7bNZ$259.2m63.2x63.9x9.8x
Wed, 24 Apr 2024NZ$15.5bNZ$1.7bNZ$259.2m59.2x59.8x9.1x
Fri, 22 Mar 2024NZ$14.4bNZ$1.7bNZ$259.2m55x55.6x8.5x
Sun, 18 Feb 2024NZ$14.1bNZ$1.7bNZ$259.2m53.8x54.4x8.3x
Tue, 16 Jan 2024NZ$14.0bNZ$1.7bNZ$259.2m53.4x54x8.2x
Thu, 14 Dec 2023NZ$13.8bNZ$1.7bNZ$259.2m53.1x53.2x8.1x
Sat, 11 Nov 2023NZ$12.7bNZ$1.6bNZ$247.8m50.5x51.1x8x
Mon, 09 Oct 2023NZ$12.9bNZ$1.6bNZ$247.9m51.7x52.2x8.2x
Wed, 06 Sep 2023NZ$13.1bNZ$1.6bNZ$247.9m52.2x52.9x8.3x
Fri, 04 Aug 2023NZ$14.3bNZ$1.6bNZ$247.9m57x57.5x9x
Sun, 02 Jul 2023NZ$14.2bNZ$1.6bNZ$247.9m56.7x57.3x9x
Price to Earnings Ratio

57.3x


Total Market Cap: NZ$14.2bTotal Earnings: NZ$247.9mTotal Revenue: NZ$1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Medical Equipment Industry Price to Earnings3Y Average 81.6x202420252026
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 grown 23% 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-0.13%
Healthcare-1.68%
Medical Equipment-2.56%
Medical Equipment-2.56%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 81.6x.
    • Analysts are expecting annual earnings growth of 13.3%, which is lower than the prior year's growth of 24.2% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 81.6x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 24% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 13% 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

Latest News

FPH
NZ$37.61
Fisher & Paykel Healthcare
7D
-2.6%
1Y
3.8%
Narrative Update • Jun 24

FPH: Stable Dividend And Earnings Outlook Will Support Measured Future Repricing

Analysts have nudged their price target for Fisher & Paykel Healthcare slightly higher to NZ$39.75, reflecting small adjustments to fair value estimates, discount rate, revenue growth, profit margin and expected future P/E assumptions. What's in the News for Fisher & Paykel Healthcare Fisher & Paykel Healthcare declared a dividend of NZ$0.38823529 per share for the six months ended March 31, 2026.