Financials nib holdings limited

Equities

NHF

AU000000NHF0

Life & Health Insurance

Market Closed - Australian S.E. 02:10:42 2024-04-26 am EDT 5-day change 1st Jan Change
7.31 AUD -3.31% Intraday chart for nib holdings limited -1.08% -1.08%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,493 2,104 2,973 3,385 4,084 3,544 - -
Enterprise Value (EV) 1 3,488 2,206 3,035 3,481 3,055 3,122 3,070 3,029
P/E ratio 23.3 x 23.3 x 18.5 x 24.9 x 20.4 x 16.5 x 15.9 x 15.6 x
Yield 3% 3.04% 3.69% 2.98% 3.31% 4.24% 4.19% 4.33%
Capitalization / Revenue 1.49 x 0.86 x 1.17 x 1.25 x 1.4 x 1.07 x 1.04 x 0.99 x
EV / Revenue 1.49 x 0.9 x 1.19 x 1.29 x 1.05 x 0.94 x 0.9 x 0.84 x
EV / EBITDA 16.7 x 13.2 x 13.6 x 13.6 x 10.2 x 9.89 x 10.1 x 9.58 x
EV / FCF - - - - - 16.4 x 12.5 x 11.8 x
FCF Yield - - - - - 6.09% 7.98% 8.49%
Price to Book 5.53 x 3.46 x 4.21 x 4.61 x 4.16 x 3.18 x 2.98 x 2.83 x
Nbr of stocks (in thousands) 455,346 456,408 456,728 458,638 483,265 484,882 - -
Reference price 2 7.670 4.610 6.510 7.380 8.450 7.310 7.310 7.310
Announcement Date 8/18/19 8/23/20 8/22/21 8/21/22 8/21/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,341 2,440 2,549 2,703 2,912 3,327 3,423 3,592
EBITDA 1 209.4 167.4 223.6 255.9 298.4 315.8 305.2 316
EBIT 1 184.6 150.1 204.9 235.3 263.2 307 305.9 315
Operating Margin 7.89% 6.15% 8.04% 8.7% 9.04% 9.23% 8.94% 8.77%
Earnings before Tax (EBT) 1 213 125 231 190.8 284.5 308.7 327 339
Net income 1 149.8 90.1 161.1 135.7 197 208.8 217.7 224.2
Net margin 6.4% 3.69% 6.32% 5.02% 6.77% 6.28% 6.36% 6.24%
EPS 2 0.3290 0.1980 0.3520 0.2960 0.4140 0.4424 0.4584 0.4678
Free Cash Flow 1 - - - - - 190.1 244.8 257.2
FCF margin - - - - - 5.71% 7.15% 7.16%
FCF Conversion (EBITDA) - - - - - 60.2% 80.21% 81.4%
FCF Conversion (Net income) - - - - - 91.07% 112.43% 114.77%
Dividend per Share 2 0.2300 0.1400 0.2400 0.2200 0.2800 0.3102 0.3065 0.3163
Announcement Date 8/18/19 8/23/20 8/22/21 8/21/22 8/21/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 1,228 1,212 1,253 1,296 1,356 1,347 1,434 1,477 1,590 1,626 - -
EBITDA - - - - - - - - - - - -
EBIT 83.2 - - 118 109.6 125.7 125.1 138.1 162.2 - - -
Operating Margin 6.78% - - 9.11% 8.08% 9.33% 8.72% 9.35% 10.2% - - -
Earnings before Tax (EBT) 1 - - - - 116.7 74.1 134.6 149.9 171.3 154 - -
Net income 1 - - - 94.8 81.4 54.3 93.7 103.3 116.4 73.2 - -
Net margin - - - 7.32% 6% 4.03% 6.53% 6.99% 7.32% 4.5% - -
EPS 2 0.1260 0.0720 0.1450 0.2070 0.1780 0.1180 0.2000 0.2140 0.2450 0.2150 0.2200 0.2300
Dividend per Share 2 0.1000 - - 0.1400 0.1100 0.1100 0.1300 0.1500 0.1500 0.1325 - -
Announcement Date 2/23/20 8/23/20 2/21/21 8/22/21 2/20/22 8/21/22 2/19/23 8/21/23 2/25/24 - - -
1AUD in Million2AUD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 102 61.4 96.6 - - - -
Net Cash position 1 4.7 - - - 1,028 422 475 515
Leverage (Debt/EBITDA) - 0.6117 x 0.2746 x 0.3775 x - - - -
Free Cash Flow 1 - - - - - 190 245 257
ROE (net income / shareholders' equity) 27.2% 14.5% 24.6% 18.8% 23% 21% 20.3% 19.7%
ROA (Net income/ Total Assets) 10.8% 5.57% 9.53% 7.57% 9.82% 10.4% 10.4% 10.2%
Assets 1 1,389 1,618 1,690 1,792 2,005 2,013 2,094 2,205
Book Value Per Share 2 1.390 1.330 1.550 1.600 2.030 2.300 2.450 2.580
Cash Flow per Share 2 - - 0.2400 0.7400 - 0.3900 0.5100 0.5300
Capex 1 64.8 - 23.6 26.6 52.3 39 41 43
Capex / Sales 2.77% - 0.93% 0.98% 1.8% 1.17% 1.2% 1.2%
Announcement Date 8/18/19 8/23/20 8/22/21 8/21/22 8/21/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
7.31 AUD
Average target price
8.257 AUD
Spread / Average Target
+12.96%
Consensus
  1. Stock Market
  2. Equities
  3. NHF Stock
  4. Financials nib holdings limited