Fisher & Paykel Healthcare Corporation Limited(FPH)

Sector:

Health Care and Related Services

Index:

NZ 50

Market Cap

NZ$1,508.18m

Closing Price Change

Price Down-NZ$0.07

Share Price

NZ$2.95

FPH Overview

Fisher & Paykel Healthcare Corporation Limited is a designer, manufacturer and marketer of heated humidification devices used in respiratory care and in the treatment of obstructive sleep apnea. Fisher & Paykel Healthcare is also engaged in manufacturing and marketing of patient warming and neonatal care products, infant resuscitators and continuous positive airway pressure systems designed to improve infant respiratory function. The company’s products are sold all over the world. Its head office and manufacturing are located in New Zealand.

3 Month Chart (06-Oct-2008)

3 Month Chart

1 Year Chart

1 Year Chart

Income & Efficiency

Latest F'cast
Div Yield 4.2% 4.0%
Div Cover 0.9 0.6
Op Mrgn 25.7% 15.2%
ROCE 45.9%  

Valuation

Latest F'cast
P/E 26.1 44.1
PEG n/a n/a
Pr/Revenue 4.3 4.2
Pr/Book 7.8  

Growth

Latest F'cast
Revenue 20.6% 2.5%
PBT -16.2% -37.7%
EPS -18.1% -40.8%
DPS n/a -3.2%

FPH Fundamentals

Year Ending Revenue (NZ$m) Pre-tax (NZ$m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-03 208.42 111.21 71.00  2.6 0.0 +65% 50.00 27.1%
31-Mar-04 214.87 80.93 52.00  4.6 n/a -27% 52.00 21.9%
31-Mar-05 240.57 91.56 12.10  24.7 n/a -77% 10.80 3.6%
31-Mar-06 289.55 104.42 13.80  30.0 2.1 +14% 12.40 3.0%
31-Mar-07 349.24 87.54 11.30  32.1 n/a -18% 12.40 3.4%

FPH Forecasts

Year Ending Revenue (NZ$m) Pre-tax (NZ$m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-08 357.93 54.53 0.07NZ$ 44.1 n/a -41% 0.12NZ$ 4.0%
31-Mar-09 437.09 81.02 0.11NZ$ 27.7 0.5 +59% 0.12NZ$ 3.8%
31-Mar-10 544.72 118.92 0.15NZ$ 19.6 0.5 +41% 0.13NZ$ 4.3%

Covering analysts: ABN AMRO, Citigroup Investment Research, Credit Suisse, Deutsche Bank Research, DJ Carmichael & Co, Linwar Securities, Macquarie Research Equities

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

Note 2: Forecast figures based on normalised accounts.

 

FPH Market Data

Currency New Zealand Dollars
52 Week High NZ$3.55
52 Week Low NZ$2.14
Shares Issued 511.25m
Market Cap NZ$1,508.18m

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 3
Sell 1
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FPH Dividends

No dividends found

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