| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
NHF Stock Overview
nib holdings limited, together with its subsidiaries, underwrites and distributes private health insurance to Australian and New Zealand residents, as well as international students and visitors.
nib holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$6.54 |
| 52 Week High | AU$8.05 |
| 52 Week Low | AU$5.13 |
| Beta | 0.34 |
| 1 Month Change | -6.84% |
| 3 Month Change | -5.08% |
| 1 Year Change | 13.35% |
| 3 Year Change | 22.47% |
| 5 Year Change | 41.56% |
| Change since IPO | 454.24% |
Recent News & Updates
This Is Why nib holdings limited's (ASX:NHF) CEO Compensation Looks Appropriate
CEO Mark Fitzgibbon has done a decent job of delivering relatively good performance at nib holdings limited ( ASX:NHF...
Shareholder Returns
| NHF | AU Insurance | AU Market | |
|---|---|---|---|
| 7D | -3.5% | -3.1% | -2.8% |
| 1Y | 13.3% | 14.0% | 5.8% |
Return vs Industry: NHF matched the Australian Insurance industry which returned 14% over the past year.
Return vs Market: NHF exceeded the Australian Market which returned 5.8% over the past year.
Price Volatility
| NHF volatility | |
|---|---|
| NHF Average Weekly Movement | 4.1% |
| Insurance Industry Average Movement | 3.4% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: NHF is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NHF's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1952 | 1,200 | Mark Fitzgibbon | https://www.nib.com.au |
nib holdings limited, together with its subsidiaries, underwrites and distributes private health insurance to Australian and New Zealand residents, as well as international students and visitors. The company operates through Australian Residents Health Insurance, New Zealand Residents Health Insurance, International (Inbound) Health Insurance, and nib Travel segments. It also offers health insurance products, including single, couples, and family health insurance, as well as single parent health insurance; life insurance; travel insurance; and income protection insurance services.
nib holdings Fundamentals Summary
| NHF fundamental statistics | |
|---|---|
| Market Cap | AU$2.99b |
| Earnings (TTM) | AU$161.10m |
| Revenue (TTM) | AU$2.63b |
18.6x
P/E Ratio1.1x
P/S RatioIs NHF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NHF income statement (TTM) | |
|---|---|
| Revenue | AU$2.63b |
| Cost of Revenue | AU$2.17b |
| Gross Profit | AU$467.30m |
| Expenses | AU$306.20m |
| Earnings | AU$161.10m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.35 |
| Gross Margin | 17.75% |
| Net Profit Margin | 6.12% |
| Debt/Equity Ratio | 32.9% |
How did NHF perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield68%
Payout RatioValuation
Is nib holdings undervalued compared to its fair value and its price relative to the market?
17.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NHF (A$6.54) is trading below our estimate of fair value (A$7.97)
Significantly Below Fair Value: NHF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NHF is good value based on its PE Ratio (18.6x) compared to the Australian Insurance industry average (29.4x).
PE vs Market: NHF's PE Ratio (18.6x) is in line with the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: NHF is poor value based on its PEG Ratio (9.5x)
Price to Book Ratio
PB vs Industry: NHF is overvalued based on its PB Ratio (4.2x) compared to the AU Insurance industry average (3.9x).
Future Growth
How is nib holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NHF's forecast earnings growth (2% per year) is above the savings rate (1.9%).
Earnings vs Market: NHF's earnings (2% per year) are forecast to grow slower than the Australian market (11.1% per year).
High Growth Earnings: NHF's earnings are forecast to grow, but not significantly.
Revenue vs Market: NHF's revenue (4.3% per year) is forecast to grow slower than the Australian market (4.8% per year).
High Growth Revenue: NHF's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NHF's Return on Equity is forecast to be high in 3 years time (21.8%)
Past Performance
How has nib holdings performed over the past 5 years?
1.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NHF has high quality earnings.
Growing Profit Margin: NHF's current net profit margins (6.1%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: NHF's earnings have grown by 1.8% per year over the past 5 years.
Accelerating Growth: NHF's earnings growth over the past year (83.3%) exceeds its 5-year average (1.8% per year).
Earnings vs Industry: NHF earnings growth over the past year (83.3%) exceeded the Insurance industry 57.5%.
Return on Equity
High ROE: NHF's Return on Equity (22.8%) is considered high.
Financial Health
How is nib holdings's financial position?
Financial Position Analysis
Short Term Liabilities: NHF's short term assets (A$1.2B) exceed its short term liabilities (A$646.4M).
Long Term Liabilities: NHF's short term assets (A$1.2B) exceed its long term liabilities (A$350.2M).
Debt to Equity History and Analysis
Debt Level: NHF has more cash than its total debt.
Reducing Debt: NHF's debt to equity ratio has reduced from 39.3% to 32.9% over the past 5 years.
Debt Coverage: NHF's debt is well covered by operating cash flow (46.8%).
Interest Coverage: NHF's interest payments on its debt are well covered by EBIT (70.5x coverage).
Balance Sheet
Dividend
What is nib holdings's current dividend yield, its reliability and sustainability?
3.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NHF's dividend (3.67%) is higher than the bottom 25% of dividend payers in the Australian market (2.25%).
High Dividend: NHF's dividend (3.67%) is low compared to the top 25% of dividend payers in the Australian market (5.52%).
Stability and Growth of Payments
Stable Dividend: NHF's dividend payments have been volatile in the past 10 years.
Growing Dividend: NHF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.1%), NHF's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NHF's dividends in 3 years are forecast to be covered by earnings (65.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Mark Fitzgibbon (61 yo)
19.92yrs
Tenure
AU$3,117,649
Compensation
Mr. Mark Fitzgibbon, MBA( UTS ), MA( MGSM ), ALCA, FAICD has been the Chief Executive Officer of NIB Holdings Limited since October 2002 and has been its Managing Director since May 2007. Mr. Fitzgibbon ha...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD2.25M) is above average for companies of similar size in the Australian market ($USD1.40M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NHF's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
Experienced Board: NHF's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NHF insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
nib holdings limited's employee growth, exchange listings and data sources
Key Information
- Name: nib holdings limited
- Ticker: NHF
- Exchange: ASX
- Founded: 1952
- Industry: Life and Health Insurance
- Sector: Insurance
- Implied Market Cap: AU$2.992b
- Shares outstanding: 457.44m
- Website: https://www.nib.com.au
Number of Employees
Location
- nib holdings limited
- 22 Honeysuckle Drive
- Newcastle
- New South Wales
- 2300
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 07:02 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.