Fisher & Paykel Healthcare (ASX:FPH) Financial Strength: 8 (As of Mar. 2026) — Near Median

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ASX:FPH Fisher & Paykel Healthcare Corp Ltd ASX:FPH
91 GF Score
Price A$35.28
GF Value A$36.78
Valuation Fairly Valued
! 3 Warning Signs
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What is Fisher & Paykel Healthcare Financial Strength?

Fisher & Paykel Healthcare ASX:FPH -0.87% 91 Financial Strength is 8 as of Mar. 2026, which is at its 10-year median of 8.00. GuruFocus rates ASX:FPH with a GF Score™ of 91/100 and a GF Value™ of A$36.78 (Fairly Valued). The stock has 3 warning signs investors should review.

Fisher & Paykel Healthcare has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Fisher & Paykel Healthcare Corp Ltd shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Fisher & Paykel Healthcare's Interest Coverage for the quarter that ended in Mar. 2026 was 53.02. Fisher & Paykel Healthcare's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.06. As of today, Fisher & Paykel Healthcare's Altman Z-Score is 22.44.


Fisher & Paykel Healthcare  (ASX:FPH) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Fisher & Paykel Healthcare has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Fisher & Paykel Healthcare Financial Strength Related Terms


ASX:FPH vs ISRG, BDX, MDLN: Financial Strength Comparison

For the Medical Instruments & Supplies subindustry, Fisher & Paykel Healthcare's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fisher & Paykel Healthcare Financial Strength vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fisher & Paykel Healthcare's Financial Strength distribution charts can be found below:

* The bar in red indicates where Fisher & Paykel Healthcare's Financial Strength falls into.


ASX:FPH
91GF Score
Fisher & Paykel Healthcare Corp Ltd ASX:FPH
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Fisher & Paykel Healthcare Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Fisher & Paykel Healthcare's Interest Expense for the months ended in Mar. 2026 was A$-4 Mil. Its Operating Income for the months ended in Mar. 2026 was A$212 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was A$94 Mil.

Fisher & Paykel Healthcare's Interest Coverage for the quarter that ended in Mar. 2026 is

Interest Coverage=-1*Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*212.083/-4
=53.02

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Fisher & Paykel Healthcare's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(27.333 + 94.417) / 2013
=0.06

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Fisher & Paykel Healthcare has a Z-score of 22.44, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 22.44 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 8 mean?
Fisher & Paykel Healthcare (ASX:FPH) has a Financial Strength of 8 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Fisher & Paykel Healthcare and its competitors. This is near median its historical median of 8.00. Over the past decade, Fisher & Paykel Healthcare's Financial Strength has ranged from 6.00 to 8.00.
Is Fisher & Paykel Healthcare's Financial Strength too high?
Fisher & Paykel Healthcare's current Financial Strength of 8 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 8.00. Overall, Fisher & Paykel Healthcare has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fisher & Paykel Healthcare's Financial Strength compare to ISRG and BDX?
Fisher & Paykel Healthcare's Financial Strength of 8 can be compared against companies in the Medical Devices & Instruments industry. Historically, Fisher & Paykel Healthcare's own Financial Strength has ranged from 6.00 to 8.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Medical Devices & Instruments company?
A good Financial Strength depends on the Medical Devices & Instruments industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Fisher & Paykel Healthcare and its competitors. Fisher & Paykel Healthcare's current Financial Strength is 8, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fisher & Paykel Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Fisher & Paykel Healthcare (ASX:FPH) is currently considered Fairly Valued. The stock's GF Value™ is A$36.78, compared to a current price of A$35.28 — trading 4.1% below its estimated fair value. The current Financial Strength is 8, which is near median its 10-year median of 8.00. Fisher & Paykel Healthcare's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Fisher & Paykel Healthcare (ASX:FPH), the current Financial Strength is 8 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fisher & Paykel Healthcare (ASX:FPH) Overvalued in 2026?

Based on GuruFocus' analysis, Fisher & Paykel Healthcare stock appears to be undervalued. The current stock price of A$35.28 is trading 4.1% below its estimated GF Value™ of A$36.78. GuruFocus considers Fisher & Paykel Healthcare to be Fairly Valued.

Key valuation signals for ASX:FPH:

  • Financial Strength: 8 (near median its 10-year median of 8.00)
  • GF Value™: A$36.78 vs. price of A$35.28 (4.1% below fair value)
  • GF Score™: 91/100 with 3 warning signs

No single metric tells the full story. See the ASX:FPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fisher & Paykel Healthcare Business Description

Other Exchanges FSPKF:USAFPH:New Zealand
Address 15 Maurice Paykel Place, East Tamaki, Auckland, NTL, NZL, 2013
Fisher & Paykel Healthcare is one of the three largest respiratory care device companies globally. It is the market leader in hospital use of humidifiers, masks, and related consumables, and the number three player in the at-home treatment of sleep apnea using respiratory devices. Both the hospital and homecare markets for respiratory devices are growing strongly in the developed markets in which Fisher & Paykel has a presence. The company earns roughly half of its revenue in North America, around a quarter in Europe, and approximately a fifth in Asia-Pacific. Fisher conducts its own R&D and has thousands of patents and pending applications. It manufactures in New Zealand, Mexico, and China, and has a multichannel distribution model.
91GF Score

Get the complete analysis for ASX:FPH

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$35.28
Price
A$36.78
GF Value