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Fisher & Paykel Healthcare Corporation Limited FPH.NZ

NZ · New Zealand Exchange · XNZE · stock · Healthcare · website

Fisher & Paykel Healthcare Corporation Limited statistics & valuation

Market capNZ$25.1B
P / E53.6×
P / S10.9×
P / B11.9×
Net margin20.3%
Net cashNZ$315.0M
Enterprise value USD$14.6B
Earnings yield EBIT/EV1.9%
Return on capital20.3%
Graham number -81.2%NZ$8.02

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (NZ$8.02); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
15.80% 7.50% 29.50% 20.30% 2023202420252026
Gross margin (%)
59.50% 60.30% 41.40% 63.70% 2023202420252026
Operating margin (%)
15.20% 14.50% -29.00% 20.70% 2023202420252026
Return on equity (%)
14.30% 7.50% 20.00% 22.10% 2023202420252026
Shares outstanding
587.3M 587.3M 587.3M 587.3M 2023202420252026
Net debt (NZ$)
NZ$24.8M NZ$107.1M -NZ$111.2M -NZ$315.0M 2023202420252026
Share buybacks (NZ$)
2023202420252026
Return on assets (%)
11.40% 5.80% 14.80% 16.40% 2023202420252026
Free cash flow margin (%)
2023202420252026
Debt / equity (×)
0.08× 0.11× 0.08× 0.07× 2023202420252026
EPS (NZ$)
NZ$0.43 NZ$0.23 NZ$0.64 NZ$0.79 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Fisher & Paykel Healthcare Corporation Limited trades at about 53.9× earnings — below its 10-year norm (10-year range 46.1×–126×, median 64.4×).

46.1× 126×

Shaded band = 10-year range (46.1×–126×); dot = today's 53.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin63.7%41.4%60.3%59.5%
Operating margin20.7%-29.0%14.5%15.2%
Net margin20.3%29.5%7.5%15.8%
Return on assets16.4%14.8%5.8%11.4%
Return on equity22.1%20.0%7.5%14.3%
Debt / equity0.02×0.02×0.05×
Current ratio2.311.871.832.67

Computed from company filings · NZ · as of 2026-03-31. Figures in NZD. Facts plus Stocktoria's own computed scores — not investment advice.