nib holdings limited (NHF.AX)
Financial Services · ASX · Australia
Fundamentals
Valuation and ratings
nib holdings limited trades at AUD7.47, which is 54% above the AUD3.40 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 35 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 18.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
NHF.AX dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | AUD0.130 | 1 |
| 2025 | AUD0.290 | 2 |
| 2024 | AUD0.290 | 2 |
| 2023 | AUD0.280 | 2 |
| 2022 | AUD0.220 | 2 |
| 2021 | AUD0.240 | 2 |
| 2020 | AUD0.140 | 2 |
| 2019 | AUD0.230 | 2 |
| 2018 | AUD0.200 | 2 |
| 2017 | AUD0.190 | 2 |
| 2016 | AUD0.147 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
NHF.AX earnings and analyst estimates
Recommendation mix, 10 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About nib holdings limited
nib holdings limited, together with its subsidiaries, engages in the underwriting and distribution of private health, life, and living insurance to residents, international students, and visitors in Australia and New Zealand. The company operates in six segments: Australian Residents Health Insurance, International (Inbound) Health Insurance, New Zealand Insurance, nib Travel, nib Thrive, and nib Health Services. It is also involved in the sale and distribution of travel and disability insurance products; and provision of health management programs. In addition, it provides digital marketplace platform under the national disability insurance scheme (NDIS). The company was founded in 1952 and is based in Newcastle, Australia.
NHF.AX passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is nib holdings limited (NHF.AX) undervalued?
Against our discounted cash flow estimate of AUD3.40, NHF.AX at AUD7.47 is 54% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is NHF.AX's P/E ratio?
NHF.AX trades at 18.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does nib holdings limited (NHF.AX) pay a dividend?
Yes. nib holdings limited yields 3.56% at the current share price. It has paid AUD0.290 per share over the trailing twelve months. It has paid a dividend in each of the last 18 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.