NIB HOLDINGS LIMITED (NHF)
Share Price Analysis and Chart

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NHF - NIB HOLDINGS LIMITED

FNArena Sector : Insurance
Year End: June
GICS Industry Group : Insurance
Debt/EBITDA: N/A
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

nib Holdings is an Australian healthcare fund. Originally established in 1952 to provide health insurance to BHP steel workers, it became a listed company in 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.58

30 Nov
2023

0.010

OPEN

$7.60

0.13%

HIGH

$7.63

860,440

LOW

$7.55

TARGET
$8.263 9.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AUB . CVW . FCL . GDG . HLI . IAG . MPL . NOL . PSI . QBE . SDF . SUN . TWR .
FNARENA'S MARKET CONSENSUS FORECASTS
NHF: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 41.4 45.3 xxx
DPS (cps) xxx 28.0 30.1 xxx
EPS Growth xxx 39.9% 9.4% xxx
DPS Growth xxx 27.3% 7.3% xxx
PE Ratio xxx N/A 17.0 xxx
Dividend Yield xxx N/A 3.9% xxx
Div Pay Ratio(%) xxx 67.6% 66.3% xxx

Dividend yield today if purchased 3 years ago: 5.38%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.63

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/09 - ex-div 15c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx41.4
DPS All xxxxxxxxxxxxxxx28.0
Sales/Revenue xxxxxxxxxxxxxxx3,121.7 M
Book Value Per Share xxxxxxxxxxxxxxx200.3
Net Operating Cash Flow xxxxxxxxxxxxxxx246.7 M
Net Profit Margin xxxxxxxxxxxxxxx6.33 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx23.42 %
Return on Invested Capital xxxxxxxxxxxxxxx17.39 %
Return on Assets xxxxxxxxxxxxxxx9.56 %
Return on Equity xxxxxxxxxxxxxxx23.42 %
Return on Total Capital xxxxxxxxxxxxxxx26.08 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx125.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx9 M
Long Term Debt xxxxxxxxxxxxxxx283 M
Total Debt xxxxxxxxxxxxxxx292 M
Goodwill - Gross xxxxxxxxxxxxxxx365 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx243 M
Price To Book Value xxxxxxxxxxxxxxx4.22

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx52.3 M
Capex % of Sales xxxxxxxxxxxxxxx1.68 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx597 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1,077 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxxxxx xx xxxx xxxx xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Morgans

13/11/2023

1

Upgrade to Add from Hold

$8.38

10.55%

Following AGM commentary by nib Holdings, which included a July to October FY24 business update, Morgans makes relatively nominal positive changes to its forecasts, which are offset by a higher assumed discount rate.

Excluding the ending of a Qantas Airways ((QAN)) contract, year-to-date group revenue increased by around 13% on the previous corresponding period, which the analyst considers a "relatively robust" outcome.

The target falls to $8.38 from $8.77 and the broker's rating is upgraded to Add from Hold on valuation.

FORECAST
Morgans forecasts a full year FY24 dividend of 29.00 cents and EPS of 46.20 cents.
Morgans forecasts a full year FY25 dividend of 30.50 cents and EPS of 48.50 cents.

Citi

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

NHF STOCK CHART

FNArena News on NHF

1
Australian Broker Call *Extra* Edition – Nov 22, 2023

Nov 22 2023 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Nov 21, 2023

Nov 21 2023 - Daily Market Reports
3
ESG Focus: Rounding Up A Psychosocial FY23 Season

Nov 20 2023 - ESG Focus
4
Weekly Ratings, Targets, Forecast Changes – 17-11-23

Nov 20 2023 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Nov 01, 2023

Nov 01 2023 - Daily Market Reports

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