nib holdings limited, together with its subsidiaries, underwrites and distributes health insurance to residents, and international students and visitors Australian, New Zealand, and internationally.
Good value with proven track record and pays a dividend.
Share Price & News
How has nib holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NHF's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NHF underperformed the Australian Insurance industry which returned 4.5% over the past year.
Return vs Market: NHF underperformed the Australian Market which returned 14.6% over the past year.
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
2 weeks ago | Simply Wall StIs nib holdings limited's (ASX:NHF) CEO Pay Fair?
1 month ago | Simply Wall StHow Many nib holdings limited (ASX:NHF) Shares Have Insiders Sold, In The Last Year?
1 month ago | Simply Wall Stnib holdings limited (ASX:NHF) Delivered A Better ROE Than Its Industry
Is nib holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NHF (A$4.95) is trading below our estimate of fair value (A$6.97)
Significantly Below Fair Value: NHF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NHF is good value based on its PE Ratio (15.1x) compared to the Insurance industry average (19x).
PE vs Market: NHF is good value based on its PE Ratio (15.1x) compared to the Australian market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: NHF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NHF is overvalued based on its PB Ratio (3.6x) compared to the AU Insurance industry average (3.1x).
How is nib holdings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NHF's earnings are forecast to decline over the next 3 years (-0.6% per year).
Earnings vs Market: NHF's earnings are forecast to decline over the next 3 years (-0.6% per year).
High Growth Earnings: NHF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NHF's revenue (2.7% per year) is forecast to grow slower than the Australian market (4.2% 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
Future ROE: NHF's Return on Equity is forecast to be high in 3 years time (20.9%)
How has nib holdings performed over the past 5 years?
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 (5.9%).
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%) underperformed the Insurance industry 12.8%.
Return on Equity
High ROE: NHF's Return on Equity (23.6%) is considered high.
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
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 4.5x 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.
What is nib holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NHF's dividend (4.65%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: NHF's dividend (4.65%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
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 (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 (64.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Fitzgibbon (59yo)
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 ($USD2.58M) is above average for companies of similar size in the Australian market ($USD1.37M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||12.8yrs||AU$3.89m||0.57% A$13.9m|
|CFO & Deputy CEO||16.9yrs||AU$1.69m||0.18% A$4.4m|
|Chief Information Officer||7.7yrs||AU$881.65k||0.035% A$843.3k|
|Chief Risk Officer||2.6yrs||AU$684.34k||0.0040% A$96.6k|
|Group Executive of People & Culture||2.5yrs||AU$696.91k||0.0029% A$70.1k|
|Chief Executive Officer of NIB New Zealand||6.8yrs||AU$1.09m||0.045% A$1.1m|
|Head of Corporate Affairs & Investor Relations||0yrs||no data||no data|
|Company Secretary||0yrs||no data||no data|
Experienced Management: NHF's management team is seasoned and experienced (7.2 years average tenure).
|MD, CEO & Executive Director||12.8yrs||AU$3.89m||0.57% A$13.9m|
|Independent Chairman of the Board||8.3yrs||AU$311.00k||0.055% A$1.3m|
|Independent Non-Executive Director||3.9yrs||AU$173.94k||0.0091% A$221.0k|
|Independent Non-Executive Director||6.3yrs||AU$174.50k||0.0068% A$164.7k|
|Independent Non-Executive Director||8.9yrs||AU$174.50k||0.024% A$591.0k|
|Independent Non-Executive Director||1.8yrs||AU$156.00k||0.011% A$266.6k|
|Independent Non-Executive Director||3yrs||AU$236.00k||0.0053% A$127.4k|
Experienced Board: NHF's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
nib holdings limited's company bio, employee growth, exchange listings and data sources
- Name: nib holdings limited
- Ticker: NHF
- Exchange: ASX
- Founded: 1952
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: AU$2.426b
- Shares outstanding: 455.16m
- Website: https://www.nib.com.au
Number of Employees
- nib holdings limited
- 22 Honeysuckle Drive
- New South Wales
|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|
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 operates through Australian Residents Health Insurance, New Zealand Residents Health Insurance, International (Inbound) Health Insurance, and nib Travel segments. The company offers health insurance products, including single, couples, and family health insurance; life insurance; travel insurance; and funeral and income protection insurance services, as well as health insurance for international workers. nib holdings limited was founded in 1952 and is headquartered in Newcastle, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 10:41|
|End of Day Share Price||2020/02/24 00:00|
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.