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New Zealand (NZX) Medical Equipment Industry Analysis

UpdatedNov 22, 2024
DataAggregated Company Financials
Companies2
  • 7D-0.1%
  • 3M4.4%
  • 1Y66.4%
  • YTD55.7%

The Medical Equipment is pretty flat in the last 7 days, but TruScreen Group has stood out, gaining 5.0%. The past year has been better, since the industry has gained 69% in that time. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Nov 2024NZ$21.7bNZ$1.7bNZ$130.5m163.4x166x12.4x
Sun, 20 Oct 2024NZ$21.7bNZ$1.7bNZ$130.5m163.6x166.2x12.4x
Tue, 17 Sep 2024NZ$22.5bNZ$1.7bNZ$130.5m169.7x172.5x12.9x
Thu, 15 Aug 2024NZ$19.0bNZ$1.7bNZ$130.5m143.6x145.9x10.9x
Sat, 13 Jul 2024NZ$18.0bNZ$1.7bNZ$130.5m135.8x138x10.3x
Mon, 10 Jun 2024NZ$17.5bNZ$1.7bNZ$130.5m132.1x134.3x10x
Wed, 08 May 2024NZ$16.9bNZ$1.7bNZ$259.2m64.5x65.2x10x
Fri, 05 Apr 2024NZ$14.8bNZ$1.7bNZ$259.2m56.7x57.3x8.8x
Sun, 03 Mar 2024NZ$14.4bNZ$1.7bNZ$259.2m55.2x55.7x8.5x
Tue, 30 Jan 2024NZ$13.9bNZ$1.7bNZ$259.2m52.9x53.4x8.2x
Thu, 28 Dec 2023NZ$13.7bNZ$1.7bNZ$259.2m52.1x52.7x8.1x
Sat, 25 Nov 2023NZ$12.9bNZ$1.6bNZ$247.8m51.8x52.2x8.2x
Mon, 23 Oct 2023NZ$12.0bNZ$1.6bNZ$247.9m48x48.5x7.6x
Wed, 20 Sep 2023NZ$12.8bNZ$1.6bNZ$247.9m50.9x51.5x8.1x
Fri, 18 Aug 2023NZ$13.2bNZ$1.6bNZ$247.9m52.6x53.2x8.3x
Sun, 16 Jul 2023NZ$14.2bNZ$1.6bNZ$247.9m56.6x57.2x9x
Tue, 13 Jun 2023NZ$13.7bNZ$1.6bNZ$247.9m54.5x55.1x8.6x
Thu, 11 May 2023NZ$15.5bNZ$1.5bNZ$243.1m61.6x63.7x10.5x
Sat, 08 Apr 2023NZ$15.7bNZ$1.5bNZ$243.1m62.3x64.4x10.6x
Mon, 06 Mar 2023NZ$15.1bNZ$1.5bNZ$243.1m60.1x62.1x10.2x
Wed, 01 Feb 2023NZ$14.6bNZ$1.5bNZ$243.1m58.3x60.1x9.9x
Fri, 30 Dec 2022NZ$13.0bNZ$1.5bNZ$243.1m51.6x53.4x8.8x
Sun, 27 Nov 2022NZ$11.9bNZ$1.7bNZ$369.0m31.7x32.4x7.1x
Tue, 25 Oct 2022NZ$10.6bNZ$1.7bNZ$369.0m28.2x28.9x6.3x
Thu, 22 Sep 2022NZ$11.1bNZ$1.7bNZ$369.0m29.5x30.2x6.6x
Sat, 20 Aug 2022NZ$11.5bNZ$1.7bNZ$369.0m30.4x31.1x6.8x
Mon, 18 Jul 2022NZ$11.9bNZ$1.7bNZ$369.0m31.6x32.3x7.1x
Wed, 15 Jun 2022NZ$11.3bNZ$1.7bNZ$369.0m29.9x30.6x6.7x
Fri, 13 May 2022NZ$12.1bNZ$2.0bNZ$517.3m23.2x23.4x6.2x
Sun, 10 Apr 2022NZ$13.9bNZ$2.0bNZ$517.3m26.6x26.8x7.1x
Tue, 08 Mar 2022NZ$16.1bNZ$2.0bNZ$517.3m29.4x31.1x8.2x
Thu, 03 Feb 2022NZ$16.8bNZ$2.0bNZ$517.3mn/a32.4x8.5x
Sat, 01 Jan 2022NZ$19.1bNZ$2.0bNZ$517.3m36.6x36.9x9.7x
Mon, 29 Nov 2021NZ$18.8bNZ$2.0bNZ$517.0m36.1x36.4x9.6x
Price to Earnings Ratio

36.4x


Total Market Cap: NZ$18.8bTotal Earnings: NZ$517.0mTotal Revenue: NZ$2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Medical Equipment Industry Price to Earnings3Y Average 63.5x202220232024
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 37% per year over the last three years,
  • Revenues have also declined 4.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

NZ Market0.16%
Healthcare0.65%
Medical Equipment-0.11%
Medical Supplies0%
Medical Equipment-0.11%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 63.1x.
    • Analysts are expecting annual earnings growth of 25.0%, which is higher than its past year's earnings decline of 47.0% 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 63.1x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings decline of 47% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 25% 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$38.554.1%
+NZ$890.9m		73.0%PE170.4x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

FPH

NZ$38.55

Fisher & Paykel Healthcare

7D

4.1%

1Y

73.0%

The Returns On Capital At Fisher & Paykel Healthcare (NZSE:FPH) Don't Inspire Confidence

Oct 28
The Returns On Capital At Fisher & Paykel Healthcare (NZSE:FPH) Don't Inspire Confidence

TRU

NZ$0.022

TruScreen Group

7D

-4.3%

1Y

10.0%