NIB’s fiscal 2026 net profit after tax decreased 6% to AUD 187 million, mainly due to lower private health insurance earnings and investment income. Guidance is for fiscal 2027 underlying operating profit growth of up to 11% excluding the divested travel business. Shares closed down 9% on Aug. 24.
Industry growth is tied to a steadily increasing population, aging demographics, and a rise in healthcare spending.
There is increasing risk of the regulator refusing to fully pass through higher claims costs as insurers become highly profitable. If participation falls, it would be detrimental to margins.
|
Metric
|
NHF
|
MPL
|
IAG
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.12 | 18.44 | 18.07 |
Price/Book Value | 2.71 | 5.11 | 84.31 |
Price/Sales | 0.83 | 1.36 | — |
Price/Cash Flow | 15.63 | 27.11 | — |
|
Metric
|
NHF
|
MPL
|
IAG
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 17.78 | 231.26 | — |
|
Metric
|
NHF
|
MPL
|
IAG
|
|---|---|---|---|
Return on Assets (Normalized) | 11.05% | 13.93% | — |
Return on Equity (Normalized) | 21.18% | 26.89% | — |
Return on Invested Capital (Normalized) | 16.84% | 21.20% | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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United States