Executive Summary
nib holdings limited, together with its subsidiaries, underwrites and distributes health insurance to residents, and international students and visitors Australian, New Zealand, and internationally.
Snowflake
Fundamentals
Solid track record average dividend payer.
Similar Companies
Share Price & News
How has nib holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.9%
NHF
2.6%
AU Insurance
0.4%
AU Market
1 Year Return
26.5%
NHF
6.1%
AU Insurance
9.8%
AU Market
Return vs Industry: NHF exceeded the Australian Insurance industry which returned 6.1% over the past year.
Return vs Market: NHF exceeded the Australian Market which returned 9.8% over the past year.
Shareholder returns
| NHF | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 2.6% | 0.4% |
| 30 Day | -6.2% | -1.9% | -1.1% |
| 90 Day | -13.5% | -1.7% | -0.6% |
| 1 Year | 31.0%26.5% | 13.0%6.1% | 16.1%9.8% |
| 3 Year | 65.6%50.1% | 45.1%24.7% | 36.1%17.9% |
| 5 Year | 168.7%126.9% | 50.9%15.8% | 49.4%15.7% |
Price Volatility Vs. Market
How volatile is nib holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Can We See Significant Institutional Ownership On The nib holdings limited (ASX:NHF) Share Register?2 weeks ago | Simply Wall St
This Insider Has Just Sold Shares In nib holdings limited (ASX:NHF)2 weeks ago | Simply Wall St
Is nib holdings limited (ASX:NHF) A High Quality Stock To Own?Valuation
Is nib holdings undervalued compared to its fair value and its price relative to the market?
21.11x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: NHF (A$6.92) is trading above our estimate of fair value (A$6.91)
Significantly Undervalued: NHF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NHF is poor value based on its PE Ratio (21.1x) compared to the Insurance industry average (19x).
PE vs Market: NHF is poor value based on its PE Ratio (21.1x) compared to the Australian market (18.2x).
Price to Earnings Growth Ratio
Low PEG Ratio: NHF is poor value based on its PEG Ratio (6.6x)
Price to Book Ratio
PB vs Industry: NHF is overvalued based on its PB Ratio (5x) compared to the AU Insurance industry average (2.9x).
Next Steps
Future Growth
How is nib holdings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
3.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NHF's forecast earnings growth (3.2% per year) is above the savings rate (2.3%).
Earnings vs Market: NHF's earnings (3.2% per year) are forecast to grow slower than the Australian market (10.3% per year).
High Growth Earnings: NHF's earnings are forecast to grow, but not significantly.
Revenue vs Market: NHF's revenue (2.7% per year) is forecast to grow slower than the Australian market (3.6% per year).
High Growth Revenue: NHF's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: NHF's Return on Equity is forecast to be high in 3 years time (21.9%)
Next Steps
Past Performance
How has nib holdings performed over the past 5 years?
16.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: NHF's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: NHF's earnings growth over the past year (12.8%) is below its 5-year average (16.2% per year).
Earnings vs Industry: NHF earnings growth over the past year (12.8%) exceeded the Insurance industry 4%.
Return on Equity
High ROE: NHF's Return on Equity (23.6%) is considered high.
Return on Assets
ROA vs Industry: NHF has a higher Return on Assets than the Insurance industry average last year.
Return on Capital Employed
ROCE Improving: NHF has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is nib holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: NHF has a low level of unsold assets or inventory.
Debt Coverage by Assets: NHF's debt is covered by short term assets (assets are 4.542960x debt).
Financial Institutions Analysis
Asset Level: NHF's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if NHF has a sufficient allowance for bad loans.
Low Risk Liabilities: NHF reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if NHF has an acceptable proportion of non-loan assets held.
Low Risk Deposits: NHF has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if NHF has an appropriate level of bad loans.
Next Steps
Dividend
What is nib holdings's current dividend yield, its reliability and sustainability?
3.32%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: NHF's dividend (3.32%) is higher than the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: NHF's dividend (3.32%) is low compared to the top 25% of dividend payers in the Australian market (5.59%).
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 (70.2%), 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 (64.1% payout ratio).
Next Steps
Management
What is the CEO of nib holdings's salary, the management and board of directors tenure and is there insider trading?
6.9yrs
Average management tenure
CEO
Mark Fitzgibbon (59yo)
12.4yrs
Tenure
AU$3,885,667
Compensation
Mr. Mark Fitzgibbon, MBA( UTS ), MA( MGSM ), ALCA, FAICD has been the Chief Executive Officer of NIB Holdings Limited since October 2002 and has been its Managing Director since May 2007. Mr. Fitzgibbon ha ...
CEO Compensation Analysis
Compensation vs. Market: Mark's total compensation ($USD2.66M) is about average for companies of similar size in the Australian market ($USD1.42M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Management Age and Tenure
6.9yrs
Average Tenure
Experienced Management: NHF's management team is seasoned and experienced (6.9 years average tenure).
Board Age and Tenure
5.9yrs
Average Tenure
59yo
Average Age
Experienced Board: NHF's board of directors are considered experienced (5.9 years average tenure).
Insider Trading
Insider Buying: NHF insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer MD, CEO & Executive Director |
| Shares | 70,000 |
| Max Price | AU$7.36 |
| Entity | Company |
| Shares | 544,753 |
| Max Price | AU$9.00 |
| Entity | Company |
| Shares | 78,288 |
| Max Price | AU$8.66 |
| Entity | Individual |
| Role | Chief Executive Officer MD, CEO & Executive Director |
| Shares | 80,000 |
| Max Price | AU$6.66 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 46,000 |
| Max Price | AU$5.84 |
| Entity | Company |
| Shares | 19,779 |
| Max Price | AU$5.28 |
| Entity | Company |
| Shares | 83,562 |
| Max Price | AU$5.21 |
| Entity | Company |
| Shares | 75,000 |
| Max Price | AU$4.79 |
| Entity | Company |
| Shares | 405,621 |
| Max Price | AU$4.83 |
| Entity | Company |
| Shares | 144,819 |
| Max Price | AU$4.75 |
| Entity | Company |
| Shares | 165,149 |
| Max Price | AU$4.90 |
| Entity | Company |
| Shares | 2,649 |
| Max Price | AU$4.84 |
| Entity | Company |
| Shares | 73,514 |
| Max Price | AU$4.83 |
| Entity | Company |
| Shares | 56,561 |
| Max Price | AU$4.66 |
| Entity | Company |
| Shares | 32,291 |
| Max Price | AU$4.75 |
| Entity | Company |
| Shares | 276,917 |
| Max Price | AU$4.77 |
| Entity | Company |
| Shares | 15,240 |
| Max Price | AU$4.97 |
| Entity | Company |
| Shares | 1,980 |
| Max Price | AU$5.03 |
| Entity | Company |
| Shares | 928,010 |
| Max Price | AU$5.47 |
| Entity | Company |
| Shares | 451,519 |
| Max Price | AU$5.95 |
Ownership Breakdown
Management Team
Michelle McPherson
CFO & Deputy CEO
- Tenure: 16.6yrs
- Compensation: AU$1.69m
Mark Fitzgibbon (59yo)
MD, CEO & Executive Director
- Tenure: 12.4yrs
- Compensation: AU$3.89m
Brendan Mills
Chief Information Officer
- Tenure: 7.3yrs
- Compensation: AU$881.65k
Roslyn Toms
Chief Risk Officer
- Tenure: 2.3yrs
- Compensation: AU$684.34k
Rob Hennin
Chief Executive Officer of NIB New Zealand
- Tenure: 6.4yrs
- Compensation: AU$1.09m
Matthew Neat
Head of Corporate Affairs & Investor Relations
- Tenure: 0yrs
Wendy Lenton
Group Executive of People & Culture
- Tenure: 2.2yrs
- Compensation: AU$696.91k
Jordan French
Company Secretary
- Tenure: 0yrs
Board Members
Steve Crane (67yo)
Independent Chairman of the Board
- Tenure: 8yrs
- Compensation: AU$311.00k
Donal O’Dwyer (66yo)
Independent Non-Executive Director
- Tenure: 3.6yrs
- Compensation: AU$173.94k
Mark Fitzgibbon (59yo)
MD, CEO & Executive Director
- Tenure: 12.4yrs
- Compensation: AU$3.89m
Lee Ausburn
Independent Non-Executive Director
- Tenure: 5.9yrs
- Compensation: AU$174.50k
Christine McLoughlin (56yo)
Independent Non-Executive Director
- Tenure: 8.6yrs
- Compensation: AU$174.50k
Jacqueline Chow
Independent Non-Executive Director
- Tenure: 1.5yrs
- Compensation: AU$156.00k
Anne Loveridge (58yo)
Independent Non-Executive Director
- Tenure: 2.7yrs
- Compensation: AU$236.00k
Company Information
nib holdings limited's company bio, 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
- Market Cap: AU$3.150b
- Shares outstanding: 455.16m
- Website: https://www.nib.com.au
Number of Employees
Location
- nib holdings limited
- 22 Honeysuckle Drive
- Newcastle
- New South Wales
- 2300
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NHF | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Nov 2007 |
| 3GU | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 2007 |
| NHF | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Nov 2007 |
Biography
nib holdings limited, together with its subsidiaries, underwrites and distributes health insurance to residents, and international students and visitors Australian, New Zealand, and internationally. It ope ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 10:35 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.