乐鱼（Leyu）体育官网 Financial Performance Index (乐鱼（Leyu）体育官网 FPI)

An index of corporate financial performance.

An index of corporate financial performance

The 乐鱼（Leyu）体育官网 FPI distills a range of market and financial performance indicators into a single index covering nearly 34,000 public companies around the world. The index scores companies on a scale of zero to 100, with zero indicating serious distress and 100 being best-performing.

Since many companies tend to perform well for most of their lifespans, there is a natural survivorship bias towards a higher quartile score. As such, around 80 percent of the companies in our index score between 85 and 99. As the 乐鱼（Leyu）体育官网 FPI is a logit model, a drop below the average can very quickly lead to an index score of zero. Please refer to the full report for full details.

Q3 2023

Key highlights

The average 乐鱼（Leyu）体育官网 FPI for companies headquartered in New Zealand has decreased (i.e. a decrease in financial corporate health) from 2Q23 to 3Q23 as the lagged recessionary impacts take effect.

The average 乐鱼（Leyu）体育官网 FPI score in New Zealand has decreased from 94.50 in 2Q23 to 93.97 in 3Q23. New Zealand鈥檚 FPI score has remained relatively stable (within 2.00 bps) over the last four quarters.

Sector movers

Four of the fifteen sectors included in the analysis experienced an increase in their 乐鱼（Leyu）体育官网 FPI score from 2Q23 to 3Q23.

The sectors which experienced the greatest increase were Financial Services and Food and Beverage. Business Services and REITS experienced the greatest decrease.

We have observed a decrease in the number of Zombie companies (companies scoring 0 on the 乐鱼（Leyu）体育官网 FPI for three or more consecutive quarters) from 2Q23 to 3Q23.

Global Comparison

The global 乐鱼（Leyu）体育官网 FPI score in 3Q23 was 90.01, a decrease from 90.58 in 2Q23. This followed an increase in the global FPI average from 1Q23 to 2Q23.

The New Zealand average FPI score has been above the global average for these periods, and has continued to be in 3Q23.

New Zealand experienced a similar decrease (53 bps) to the global 乐鱼（Leyu）体育官网 FPI score (57 bps).

Want to see your company鈥檚 score?

To understand your company鈥檚 current index score, or to uncover deeper insights about specific markets or segments, contact your local 乐鱼（Leyu）体育官网 member firm. 乐鱼（Leyu）体育官网鈥檚 global network of 乐鱼（Leyu）体育官网 professionals have the data, sector and geographic expertise to help you understand your score and tie it back to your business needs. Whether it is benchmarking, identifying targets, comparing sectors or looking for trends over time, 乐鱼（Leyu）体育官网 professionals can connect you right to the information you need to capitalize on your opportunities. That鈥檚 our business. Please contact us at [email protected], or get in touch with the team below, to find out more.