Medibank is Australia's largest private health insurer, operating under the Medibank and Ahm brands. The dual-brand strategy has allowed the group to offer differentiated pricing and messaging to increase members and profits.
Industry growth is tied to a steadily increasing population, aging demographics, and the rise in healthcare spending. Governments will continue to incentivize participation in private health insurance to share the burden of escalating healthcare costs.
Unfavorable political and regulatory decisions could damage profitability for private health insurers. The system is reliant on government rebates and policies that encourage individuals to take out private health insurance.
Metric | MPL | SUN | NHF |
|---|---|---|---|
Price/Earnings (Normalized) | 21.91 | 21.84 | 15.27 |
Price/Book Value | 6.07 | 2.13 | 2.93 |
Price/Sales | 1.61 | 1.44 | 0.90 |
Price/Cash Flow | 32.22 | 14.19 | 16.91 |
Metric | MPL | SUN | NHF |
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 231.26 | 3.81 | 17.78 |
Metric | MPL | SUN | NHF |
|---|---|---|---|
Return on Assets (Normalized) | 13.93% | 3.50% | 11.05% |
Return on Equity (Normalized) | 26.89% | 10.08% | 21.18% |
Return on Invested Capital (Normalized) | 21.20% | 5.61% | 16.84% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Fidelity National Financial Inc FNF | LOCK|xlx | LOCK|DY | $12B | |||
| Medibank Pvt Ltd ADR MDBKY | — | LOCK|J!gw | $10B | |||
| Axis Capital Holdings Ltd AXS | — | LOCK|WV< | $8B | |||
| First American Financial Corp FAF | LOCK|&Yx@cv | LOCK|^&d | $7B | |||
| Enact Holdings Inc ACT | — | LOCK|@%F | $6B | |||
| Essent Group Ltd ESNT | — | LOCK|nT | $6B | |||
| MGIC Investment Corp MTG | LOCK|ry&TJ!H | LOCK|cKX | $6B | |||
| Radian Group Inc RDN | LOCK|XQ$>Gt | LOCK|qB | $5B | |||
| Assured Guaranty Ltd AGO | LOCK|%@?xKpH | LOCK|V?@ | $3B | |||
| NMI Holdings Inc NMIH | — | LOCK|bP% | $3B |
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