Valuation Fisher & Paykel Healthcare Corporation Limited

Equities

End-of-day quote New Zealand S.E. Other stock markets 13/09/2024			5-day change	1st Jan Change
38.50 ^NZD	-0.26%		+2.61%	+63.14%

09-03	Macquarie Upgrades Fisher & Paykel Healthcare to Outperform from Neutral; Price Target is NZ$39.20	MT
08-28	Transcript : Fisher & Paykel Healthcare Corporation Limited - Shareholder/Analyst Call

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	17,455	18,494	14,056	15,436	14,979	22,565	-	-
Change	-	5.95%	-23.99%	9.82%	-2.96%	50.65%	-	-
Enterprise Value (EV) ¹	17,413	18,191	13,835	15,398	15,011	22,547	22,541	22,467
Change	-	4.46%	-23.94%	11.3%	-2.52%	50.21%	-0.03%	-0.33%
P/E ratio	61.3x	35.5x	37.5x	62x	113x	63x	52.3x	43.6x
PBR	18.1x	12.2x	8.37x	8.8x	8.51x	11.9x	10.9x	9.77x
PEG	-	0.4x	-1.3x	-1.8x	-2.4x	0x	2.6x	2.2x
Capitalization / Revenue	13.8x	9.38x	8.36x	9.76x	8.59x	11.4x	10.1x	9.05x
EV / Revenue	13.8x	9.23x	8.23x	9.74x	8.61x	11.4x	10.1x	9.01x
EV / EBITDA	40.5x	23.1x	23x	35.7x	32.1x	37.7x	31.9x	26.9x
EV / EBIT	45.9x	25.5x	27.4x	46.4x	40.2x	46.3x	38.3x	31.6x
EV / FCF	116x	41.3x	74.4x	572x	203x	72x	78.1x	58.9x
FCF Yield	0.87%	2.42%	1.34%	0.17%	0.49%	1.39%	1.28%	1.7%
Dividend per Share ²	0.275	0.38	0.395	0.405	0.415	0.4526	0.5198	0.5765
Rate of return	0.91%	1.18%	1.62%	1.52%	1.62%	1.18%	1.35%	1.5%
EPS ²	0.496	0.904	0.65	0.43	0.2262	0.6111	0.7364	0.883
Distribution rate	55.4%	42%	60.8%	94.2%	183%	74.1%	70.6%	65.3%
Net sales ¹	1,264	1,971	1,682	1,581	1,743	1,987	2,228	2,495
EBITDA ¹	430.2	785.8	601.6	431.2	467.7	598.3	707.5	835
EBIT ¹	379.3	712.3	505.6	332.2	373.4	486.7	589.2	710
Net income ¹	287.3	524.2	376.9	250.3	132.6	358	432.8	519.4
Net Debt ¹	-42.2	-302.9	-221.6	-37.7	32.2	-18.08	-24.64	-98.29
Reference price ²	30.38	32.10	24.35	26.65	25.65	38.50	38.50	38.50
Nbr of stocks (in thousands)	574,571	576,122	577,269	579,219	583,964	586,113	-	-
Announcement Date	28/06/20	26/05/21	24/05/22	25/05/23	28/05/24	-	-	-

¹NZD in Million²NZD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED	63.16x	11.38x	37.78x	+1.17%	13.91B
ABBOTT LABORATORIES	34.87x	5.01x	19.56x	+1.90%	203B
MEDTRONIC PLC	22.35x	4.06x	14.07x	+3.12%	115B
BECTON, DICKINSON AND COMPANY	34.91x	4.04x	14.33x	+1.58%	68.07B
HOYA CORPORATION	32.71x	7.27x	20.43x	+0.63%	47.28B
CENCORA, INC.	23.18x	0.16x	11.73x	+0.87%	46.58B
METTLER-TOLEDO INTERNATIONAL, INC.	35.14x	8.12x	25.24x	-.--%	29.14B
DEXCOM, INC.	41.67x	7.19x	24.69x	-.--%	27.58B
TERUMO CORPORATION	30x	3.8x	15.35x	+0.99%	27.19B
STERIS PLC	36.01x	4.84x	17.3x	+0.93%	24.31B
Average	35.40x	5.59x	20.05x	+1.12%	60.28B
Weighted average by Cap.	32.21x	4.86x	18.03x	+1.64%