nib holdings limited, together with its subsidiaries, underwrites and distributes health insurance to residents, and international students and visitors Australian, New Zealand, and internationally.
Average dividend payer with acceptable track record.
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: 3GU's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 3GU exceeded the German Insurance industry which returned -22.9% over the past year.
Return vs Market: 3GU matched the German Market which returned -20.9% 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
No news available
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: 3GU (€2.66) is trading below our estimate of fair value (€3.93)
Significantly Below Fair Value: 3GU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3GU is poor value based on its PE Ratio (16.8x) compared to the Insurance industry average (9x).
PE vs Market: 3GU is poor value based on its PE Ratio (16.8x) compared to the German market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: 3GU is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: 3GU is overvalued based on its PB Ratio (3.6x) compared to the DE Insurance industry average (0.8x).
How is nib holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3GU's forecast earnings growth (7.5% per year) is above the savings rate (-0.4%).
Earnings vs Market: 3GU's earnings (7.5% per year) are forecast to grow slower than the German market (14.1% per year).
High Growth Earnings: 3GU's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3GU's revenue (3% per year) is forecast to grow slower than the German market (3.9% per year).
High Growth Revenue: 3GU's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3GU's Return on Equity is forecast to be high in 3 years time (21.5%)
How has nib holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3GU has high quality earnings.
Growing Profit Margin: 3GU's current net profit margins (5.2%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: 3GU's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: 3GU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3GU had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Insurance industry average (17.9%).
Return on Equity
High ROE: 3GU's Return on Equity (21.2%) 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: 3GU has a low level of unsold assets or inventory.
Debt Coverage by Assets: 3GU's debt is covered by short term assets (assets are 4.3x debt).
Financial Institutions Analysis
Asset Level: 3GU's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 3GU has a sufficient allowance for bad loans.
Low Risk Liabilities: 3GU reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 3GU has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 3GU has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 3GU 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: 3GU's dividend (4.73%) is higher than the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: 3GU's dividend (4.73%) is low compared to the top 25% of dividend payers in the German market (4.86%).
Stability and Growth of Payments
Stable Dividend: 3GU's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3GU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79.4%), 3GU's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3GU's dividends in 3 years are forecast to be covered by earnings (65.3% 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 ($USD2.33M) is about average for companies of similar size in the German market ($USD1.93M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||12.92yrs||AU$3.89m||0.57% A$7.0m|
|Chief Information Officer||7.83yrs||AU$881.65k||0.035% A$428.3k|
|Chief Risk Officer||2.75yrs||AU$684.34k||0.0040% A$49.0k|
|Chief Executive Officer of NIB New Zealand||6.92yrs||AU$1.09m||0.044% A$548.4k|
|Acting Group Chief Financial Officer||0.083yr||no data||no data|
|Head of Corporate Affairs & Investor Relations||no data||no data||no data|
|Company Secretary||no data||no data||no data|
Experienced Management: 3GU's management team is seasoned and experienced (6.9 years average tenure).
|MD, CEO & Executive Director||12.92yrs||AU$3.89m||0.57% A$7.0m|
|Independent Chairman of the Board||8.5yrs||AU$311.00k||0.055% A$676.7k|
|Independent Non-Executive Director||4.08yrs||AU$173.94k||0.0091% A$112.2k|
|Independent Non-Executive Director||6.42yrs||AU$174.50k||0.0068% A$83.6k|
|Independent Non-Executive Director||9.08yrs||AU$174.50k||0.024% A$300.1k|
|Independent Non-Executive Director||2yrs||AU$156.00k||0.011% A$135.3k|
|Independent Non-Executive Director||3.17yrs||AU$236.00k||0.0052% A$64.6k|
Experienced Board: 3GU's board of directors are considered experienced (6.4 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: 3GU
- Exchange: DB
- Founded: 1952
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: AU$2.215b
- Listing Market Cap: AU$1.234b
- Shares outstanding: 455.67m
- 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||2020/04/05 22:15|
|End of Day Share Price||2020/04/03 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.