A$5.98
nib is an insurance - specialty business based in Australia. nib shares (NHF) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. nib has a trailing 12-month revenue of around $3.4 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in nib
To buy shares listed in Australia such as nib, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for nib. Find the share by name or ticker symbol: NHF. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until nib reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of nib. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
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nib stock price (ASX:NHF)
Use our graph to track the performance of NHF stocks over time.nib shares at a glance
52-week range | $5.98 - $8.1232 |
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50-day moving average | $7.089 |
200-day moving average | $7.4845 |
Target price | $8.11 |
PE ratio | 16.4737 |
Dividend yield | $0.29 (4.47%) |
Earnings per share (TTM) | $0.38 |
Where to buy nib shares
Is it a good time to buy nib stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
nib price performance over time
Historical closes compared with the last close of A$6.01
1 week (2024-08-30) | -3.99% |
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1 month (2024-08-07) | -14.87% |
3 months (2024-06-07) | -20.71% |
6 months (2024-03-07) | -22.45% |
1 year (2023-09-07) | -20.82% |
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2 years (2022-09-07) | -22.35% |
3 years (2021-09-07) | -10.83% |
5 years (2019-09-06) | -16.30% |
Is nib under- or over-valued?
Valuing nib stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of nib's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
nib's P/E ratio
nib's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, nib shares trade at around 16x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
nib's EBITDA
nib's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $309.1 million (£0.0 million).
The EBITDA is a measure of a nib's overall financial performance and is widely used to measure stock profitability.
nib financials
Revenue TTM | $3.4 billion |
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Operating margin TTM | 7.45% |
Gross profit TTM | $689.7 million |
Return on assets TTM | 8.91% |
Return on equity TTM | 17.9% |
Profit margin | 5.39% |
Book value | 2.153 |
Market capitalisation | $3 billion |
TTM: trailing 12 months
nib share dividends
Dividend payout ratio: 79.55% of net profits
Recently nib has paid out, on average, around 79.55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.47% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), nib shareholders could enjoy a 4.47% return on their shares, in the form of dividend payments. In nib's case, that would currently equate to about A$0.29 per share.
nib's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 4 September 2024 (the "ex-dividend date").
nib share price volatility
Over the last 12 months, nib's shares have ranged in value from as little as $5.98 up to $8.1232. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while nib's is 0.34. This would suggest that nib's shares are less volatile than average (for this exchange).
nib overview
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 five segments: Australian Residents Health Insurance, International (Inbound) Health Insurance, New Zealand Insurance, nib Travel, and nib Thrive segments. It is also involved in the sale and distribution of travel and disability insurance products; and provision of health management programs. The company was founded in 1952 and is based in Newcastle, Australia.
nib in the news
nib holdings limited (ASX:NHF) Looks Interesting, And It's About To Pay A Dividend
nib holdings (ASX:NHF) Is Due To Pay A Dividend Of A$0.15
Investors in nib holdings (ASX:NHF) have seen favorable returns of 80% over the past five years
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