NIB Holdings Ltd (AU:NHF)
ASX:NHF
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NIB Holdings Ltd
(Sydney:NHF)
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Rating:72Outperform
Price Target:
AU$7.50
▲(13.12% Upside)
Action:Reiterated
Date:10/28/25
NIB Holdings Ltd demonstrates strong financial performance with robust revenue growth and operational efficiency. The stock's valuation is fair, with an attractive dividend yield. However, technical indicators suggest a short-term bearish trend, which could impact investor sentiment. The absence of recent earnings call data and corporate events limits additional insights.
Positive Factors
Revenue Growth
A 51.5% year-on-year revenue jump signals durable expansion of the premium base and/or successful product distribution. Sustained top-line growth strengthens scale economics, funds investment in member services, and builds margin potential across underwriting cycles over the medium term.
Negative Factors
Modest Net Margin
A 5.6% net margin leaves limited buffer against rising medical cost inflation or underwriting pressure. Modest profitability constrains the firm's ability to absorb adverse claims experience and limits retained earnings for reinvestment, making sustained margin improvement critical for stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A 51.5% year-on-year revenue jump signals durable expansion of the premium base and/or successful product distribution. Sustained top-line growth strengthens scale economics, funds investment in member services, and builds margin potential across underwriting cycles over the medium term.
Read all positive factors
NIB Holdings Ltd (NHF) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$3.30B
Dividend Yield4.17%
Average Volume (3M)633.85K
Price to Earnings (P/E)10.1
Beta (1Y)0.44
Revenue Growth2.89%
EPS Growth22.79%
CountryAU
Employees1,870
SectorFinancial
Sector Strength70
IndustryInsurance - Specialty
Share Statistics
EPS (TTM)0.41
Shares Outstanding488,912,780
10 Day Avg. Volume480,373
30 Day Avg. Volume633,845
Financial Highlights & Ratios
PEG Ratio2.18
Price to Book (P/B)3.10
Price to Sales (P/S)0.96
P/FCF Ratio30.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$7.36Price Target Upside10.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.42
Revenue Forecast (FY)AU$3.72B
NIB Holdings Ltd Business Overview & Revenue Model
Company Description
nib holdings limited, together with its subsidiaries, underwrites and distributes private health insurance to residents, international students, and visitors in Australia and New Zealand. The company operates through Australian Residents Health In...
How the Company Makes Money
NIB Holdings Ltd makes money primarily by underwriting private health insurance and earning income from managing health-related services.
1) Health insurance premium revenue (core): The company’s main revenue stream is premiums paid by policyhold...
NIB Holdings Ltd Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.67B | 3.59B | 3.44B | 3.12B | 2.79B | 2.60B |
| Gross Profit | 3.18B | 3.13B | 3.40B | 3.12B | 2.79B | 2.60B |
| EBITDA | 273.70M | 324.60M | 324.50M | 220.60M | 236.80M | 274.80M |
| Net Income | 199.80M | 199.80M | 185.60M | 191.10M | 133.80M | 160.50M |
Balance Sheet | ||||||
| Total Assets | 2.11B | 2.19B | 2.11B | 2.19B | 1.94B | 1.75B |
| Cash, Cash Equivalents and Short-Term Investments | 172.80M | 404.60M | 459.80M | 243.00M | 206.90M | 213.90M |
| Total Debt | 303.30M | 310.20M | 306.80M | 291.80M | 311.70M | 289.90M |
| Total Liabilities | 992.90M | 1.08B | 1.07B | 1.21B | 1.21B | 1.05B |
| Stockholders Equity | 1.10B | 1.11B | 1.04B | 967.20M | 720.10M | 690.10M |
Cash Flow | ||||||
| Free Cash Flow | 155.20M | 112.10M | 208.50M | 194.40M | 311.00M | 85.10M |
| Operating Cash Flow | 197.30M | 165.70M | 257.10M | 246.70M | 337.60M | 108.70M |
| Investing Cash Flow | -52.50M | -74.20M | -98.10M | -236.50M | -259.30M | -23.50M |
| Financing Cash Flow | -160.30M | -128.20M | -125.20M | 26.00M | -84.40M | -69.30M |
NIB Holdings Ltd Technical Analysis
Positive
6.63
Price Trends
6.46
Positive
6.45
Positive
6.82
Negative
Market Momentum
0.05
Negative
59.10
Neutral
76.51
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NHF, the sentiment is Positive. The current price of 6.63 is below the 20-day moving average (MA) of 6.63, above the 50-day MA of 6.46, and below the 200-day MA of 6.82, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 59.10 is Neutral, neither overbought nor oversold. The STOCH value of 76.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NHF.
NIB Holdings Ltd Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | AU$35.38B | 6.50 | 19.29% | 4.68% | 8.05% | 25.40% | |
73 Outperform | AU$19.13B | 18.10 | 9.55% | 26.88% | 6.10% | -29.98% | |
72 Outperform | AU$3.30B | 10.09 | 18.07% | 4.17% | 2.89% | 22.79% | |
72 Outperform | AU$19.03B | 9.34 | 14.85% | 3.91% | 8.36% | -13.93% | |
69 Neutral | AU$13.19B | 10.89 | 19.79% | 3.73% | 5.81% | -5.34% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | AU$114.89M | 5.15 | 5.62% | ― | 19.44% | -63.67% |
* Financial Sector Average
AU:NHF
NIB Holdings Ltd
6.76
0.17
2.56%
AU:IAG
Insurance Australia Group Limited
8.14
-0.28
-3.30%
AU:MPL
Medibank Private
4.79
0.15
3.19%
AU:QBE
QBE Insurance Group Limited
23.68
1.73
7.86%
AU:SUN
Suncorp Group
17.66
-2.19
-11.03%
AU:NOL
NobleOak Life Ltd
1.24
-0.12
-8.86%
NIB Holdings Ltd Corporate Events
NIB Holdings CEO to Present at Macquarie Australia Conference
May 5, 2026
NIB Holdings announced that its Group Managing Director and Chief Executive Officer, Ed Close, is delivering a presentation at the Macquarie Australia Conference on 6 May 2026. The appearance underscores nib Group’s ongoing engagement with t...
NIB Holdings Cancels 175,120 Unvested Performance Rights
Apr 15, 2026
NIB Holdings Limited has reported the cessation of 175,120 performance rights under its capital structure, following the lapse of conditional rights that could not be satisfied. The lapse of these performance rights effectively reduces the pool of...
NIB Holdings Issues New Performance Rights Under Employee Incentive Scheme
Apr 15, 2026
NIB Holdings Limited, a listed Australian health insurer and financial services provider trading under the ASX code NHF, offers health insurance and related products to a broad customer base including individuals and corporate clients. The group o...
NIB Holdings Lists 959,280 New Shares Under Dividend Plan
Apr 7, 2026
NIB Holdings Ltd, listed on the ASX under ticker NHF, has confirmed the issuance of additional ordinary fully paid shares as part of its capital management activities. The company operates in the broader financial and insurance sector, serving cus...
NIB Holdings Reschedules 2026 AGM and Extends Director Nomination Deadline
Apr 6, 2026
NIB Holdings has rescheduled its 2026 Annual General Meeting, shifting the date from 11 November to 23 November 2026. The company has also extended the deadline for shareholder director nominations to 18 September 2026, with full meeting details t...
Mitsubishi UFJ Exits Substantial Holder Position in NIB Holdings
Apr 2, 2026
Mitsubishi UFJ Financial Group, Inc. has lodged a notice stating it has ceased to be a substantial holder in NIB Holdings Limited, an Australian-listed health insurer and financial services provider. The change reflects a series of share transacti...
First Sentier Exits Substantial Holder Position in NIB Holdings
Apr 1, 2026
First Sentier Investors, part of Mitsubishi UFJ Financial Group, has lodged a notice that it has ceased to be a substantial shareholder in NIB Holdings Ltd as of 30 March 2026. The change reflects a reduction in its relevant voting interest in NIB...
NIB Holdings Updates DRP Price for Interim Dividend
Mar 25, 2026
NIB Holdings Ltd has updated its previously announced interim dividend details relating to the six-month period ended 31 December 2025. The update specifically concerns a revision to the Dividend Reinvestment Plan price, affecting how eligible sha...
NIB lifts profit and tightens costs as digital strategy boosts first-half performance
Feb 22, 2026
NIB Holdings reported a robust first-half 2026 result, with group revenue rising 7.7% to $1.9 billion and underlying operating profit up 22% to $129.1 million, while net profit after tax reached $82.9 million in line with expectations. The group c...
NIB Holdings Declares AUD 0.13 Half-Year Dividend
Feb 22, 2026
NIB Holdings Ltd has declared an ordinary dividend of AUD 0.13 per fully paid share for the six-month period ended 31 December 2025, payable on 8 April 2026. The dividend will trade ex-dividend on 5 March 2026, with a record date of 6 March 2026 a...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.