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New Zealand (NZX) Healthcare REITs Industry Analysis

UpdatedJan 16, 2024
DataAggregated Company Financials
Companies1
  • 7D-2.0%
  • 3M4.1%
  • 1Y-7.9%
  • YTD-1.8%

Over the last 7 days, the Healthcare REITs industry has risen 1.8%, driven by gains from every company within the industry. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 63% annually.

Industry Valuation and Performance

Has the New Zealand Healthcare REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Jan 2024NZ$1.5bNZ$170.8m-NZ$201,150,000.00n/a-7.2x8.5x
Thu, 14 Dec 2023NZ$1.4bNZ$170.8m-NZ$201,150,000.00n/a-7x8.3x
Sat, 11 Nov 2023NZ$1.4bNZ$171.3m-NZ$152,401,000.00n/a-8.9x7.9x
Mon, 09 Oct 2023NZ$1.4bNZ$171.3m-NZ$152,401,000.00n/a-9.4x8.4x
Wed, 06 Sep 2023NZ$1.5bNZ$171.3m-NZ$152,401,000.00n/a-9.5x8.5x
Fri, 04 Aug 2023NZ$1.6bNZ$166.4mNZ$51.1m30.4x30.4x9.3x
Sun, 02 Jul 2023NZ$1.5bNZ$166.4mNZ$51.1m30.3x30.3x9.3x
Tue, 30 May 2023NZ$1.5bNZ$160.6mNZ$102.3m15x15x9.6x
Thu, 27 Apr 2023NZ$1.5bNZ$160.6mNZ$102.3m14.6x14.6x9.3x
Sat, 25 Mar 2023NZ$1.5bNZ$160.6mNZ$102.3m14.7x14.7x9.4x
Mon, 20 Feb 2023NZ$1.6bNZ$152.1mNZ$305.8m5.2x5.2x10.5x
Wed, 18 Jan 2023NZ$1.5bNZ$152.1mNZ$305.8m5.1x5.1x10.2x
Fri, 16 Dec 2022NZ$1.5bNZ$152.1mNZ$305.8m4.9x4.9x9.9x
Sun, 13 Nov 2022NZ$1.6bNZ$143.6mNZ$303.5m5.2x5.2x11x
Tue, 11 Oct 2022NZ$1.6bNZ$143.6mNZ$303.5m5.2x5.2x11.1x
Thu, 08 Sep 2022NZ$1.8bNZ$143.6mNZ$303.5m5.8x5.9x12.5x
Sat, 06 Aug 2022NZ$1.8bNZ$137.5mNZ$382.9m4.8x4.8x13.3x
Mon, 04 Jul 2022NZ$1.7bNZ$137.5mNZ$382.9m4.5x4.5x12.6x
Wed, 01 Jun 2022NZ$1.9bNZ$137.5mNZ$382.9m4.9x4.9x13.6x
Fri, 29 Apr 2022NZ$1.8bNZ$129.9mNZ$357.0m5.1x5.1x13.9x
Sun, 27 Mar 2022NZ$1.9bNZ$129.9mNZ$357.0m5.3x5.3x14.5x
Tue, 22 Feb 2022NZ$1.8bNZ$127.6mNZ$290.9m6.2x6.2x14.1x
Thu, 20 Jan 2022NZ$1.8bNZ$127.6mNZ$290.9mn/a6.3x14.4x
Sat, 18 Dec 2021NZ$1.8bNZ$127.6mNZ$290.9mn/a6.3x14.4x
Mon, 15 Nov 2021NZ$1.7bNZ$126.1mNZ$278.4m6.1x6.1x13.5x
Wed, 13 Oct 2021NZ$1.6bNZ$126.1mNZ$278.4m5.7x5.7x12.5x
Fri, 10 Sep 2021NZ$1.6bNZ$126.1mNZ$278.4m5.8x5.8x12.8x
Sun, 08 Aug 2021NZ$1.6bNZ$126.1mNZ$278.4m5.8x5.8x12.9x
Sat, 01 May 2021NZ$1.5bNZ$123.2mNZ$126.4m12x12x12.4x
Tue, 02 Feb 2021NZ$1.7bNZ$120.0mNZ$92.5m18.3x18.3x14.1x
Price to Earnings Ratio

18.3x


Total Market Cap: NZ$1.7bTotal Earnings: NZ$92.5mTotal Revenue: NZ$120.0mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Healthcare REITs Industry Price to Earnings3Y Average 7.1x202220232024
Current Industry PE
    There is only one company in the New Zealander Health Care REITs industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Health Care REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 13% 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, which has decreased profits.

Industry Comparison

How does New Zealand Healthcare REITs compare with similar industries?

NZ Market0.021%
Real Estate-0.34%
REITS0.39%
Healthcare REITs-2.04%
Diversified REITs0.39%
Retail REITs0.029%
Office REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs-0.19%
Specialized REITs-2.38%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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Latest News

VHP

NZ$2.17

Vital Healthcare Property Trust

7D

-1.8%

1Y

-8.2%