Netcare Limited Logo

Netcare Limited

NTC.JO

(1.8)
Stock Price

1.492,00 ZAc

6.28% ROA

14.81% ROE

12.35x PER

Market Cap.

19.436.887.500,00 ZAc

107.53% DER

4.26% Yield

5.41% NPM

Netcare Limited Stock Analysis

Netcare Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Netcare Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE falls within an average range (8.82%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

2 ROA

The stock's ROA (3.87%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

3 PBV

The stock's PBV ratio (1.59x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

4 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

5 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

6 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

8 DER

The company has a high debt to equity ratio (102%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (278) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Netcare Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Netcare Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Netcare Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Netcare Limited Revenue
Year Revenue Growth
2005 7.533.700.000
2006 11.615.900.000 35.14%
2007 18.607.000.000 37.57%
2008 21.735.000.000 14.39%
2009 23.232.000.000 6.44%
2010 22.474.000.000 -3.37%
2011 23.221.000.000 3.22%
2012 25.174.000.000 7.76%
2013 27.382.000.000 8.06%
2014 31.783.000.000 13.85%
2015 33.711.000.000 5.72%
2016 37.729.000.000 10.65%
2017 19.114.000.000 -97.39%
2018 20.717.000.000 7.74%
2019 21.589.000.000 4.04%
2020 18.843.000.000 -14.57%
2021 21.200.000.000 11.12%
2022 21.636.000.000 2.02%
2023 23.074.000.000 6.23%
2023 23.699.000.000 2.64%
2024 24.068.000.000 1.53%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Netcare Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 4.000.000 100%
2013 2.000.000 -100%
2014 0 0%
2015 0 0%
2016 1.000.000 100%
2017 1.000.000 0%
2018 1.000.000 0%
2019 0 0%
2020 0 0%
2021 2.000.000 100%
2022 2.000.000 0%
2023 0 0%
2023 2.000.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Netcare Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 2.805.700.000
2006 3.886.500.000 27.81%
2007 4.965.000.000 21.72%
2008 5.779.000.000 14.09%
2009 6.063.000.000 4.68%
2010 6.128.000.000 1.06%
2011 0 0%
2012 7.083.000.000 100%
2013 9.123.000.000 22.36%
2014 10.652.000.000 14.35%
2015 11.533.000.000 7.64%
2016 12.771.000.000 9.69%
2017 6.581.000.000 -94.06%
2018 7.370.000.000 10.71%
2019 7.742.000.000 4.8%
2020 7.752.000.000 0.13%
2021 8.518.000.000 8.99%
2022 8.513.000.000 -0.06%
2023 8.982.000.000 5.22%
2023 9.371.000.000 4.15%
2024 9.258.000.000 -1.22%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Netcare Limited EBITDA
Year EBITDA Growth
2005 1.443.000.000
2006 3.091.900.000 53.33%
2007 3.350.000.000 7.7%
2008 3.651.000.000 8.24%
2009 3.898.000.000 6.34%
2010 3.838.000.000 -1.56%
2011 5.029.000.000 23.68%
2012 5.023.000.000 -0.12%
2013 3.980.000.000 -26.21%
2014 4.286.000.000 7.14%
2015 4.880.000.000 12.17%
2016 5.324.000.000 8.34%
2017 4.512.000.000 -18%
2018 4.365.000.000 -3.37%
2019 3.959.000.000 -10.26%
2020 2.617.000.000 -51.28%
2021 3.368.000.000 22.3%
2022 2.988.000.000 -12.72%
2023 3.544.000.000 15.69%
2023 4.253.000.000 16.67%
2024 3.800.000.000 -11.92%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Netcare Limited Gross Profit
Year Gross Profit Growth
2005 3.883.100.000
2006 5.240.000.000 25.9%
2007 7.751.000.000 32.4%
2008 8.893.000.000 12.84%
2009 9.531.000.000 6.69%
2010 9.581.000.000 0.52%
2011 9.708.000.000 1.31%
2012 10.607.000.000 8.48%
2013 11.814.000.000 10.22%
2014 13.556.000.000 12.85%
2015 14.763.000.000 8.18%
2016 16.442.000.000 10.21%
2017 9.453.000.000 -73.93%
2018 10.353.000.000 8.69%
2019 10.936.000.000 5.33%
2020 9.033.000.000 -21.07%
2021 10.452.000.000 13.58%
2022 10.551.000.000 0.94%
2023 11.496.000.000 8.22%
2023 11.762.000.000 2.26%
2024 11.910.000.000 1.24%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Netcare Limited Net Profit
Year Net Profit Growth
2005 815.300.000
2006 537.300.000 -51.74%
2007 1.095.000.000 50.93%
2008 982.000.000 -11.51%
2009 1.751.000.000 43.92%
2010 1.286.000.000 -36.16%
2011 1.855.000.000 30.67%
2012 -4.454.000.000 141.65%
2013 5.140.000.000 186.65%
2014 2.153.000.000 -138.74%
2015 2.461.000.000 12.52%
2016 1.719.000.000 -43.16%
2017 4.711.000.000 63.51%
2018 1.134.000.000 -315.43%
2019 2.447.000.000 53.66%
2020 446.000.000 -448.65%
2021 769.000.000 42%
2022 1.013.000.000 24.09%
2023 1.332.000.000 23.95%
2023 1.321.000.000 -0.83%
2024 1.292.000.000 -2.24%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Netcare Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 1
2006 1 0%
2007 1 0%
2008 1 0%
2009 1 100%
2010 1 0%
2011 1 100%
2012 -3 133.33%
2013 4 200%
2014 2 -200%
2015 2 0%
2016 1 0%
2017 3 66.67%
2018 1 0%
2019 2 100%
2020 0 0%
2021 1 0%
2022 1 0%
2023 1 100%
2023 1 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Netcare Limited Free Cashflow
Year Free Cashflow Growth
2005 161.400.000
2006 -470.500.000 134.3%
2007 -590.000.000 20.25%
2008 -36.000.000 -1538.89%
2009 -249.000.000 85.54%
2010 443.000.000 156.21%
2011 921.000.000 51.9%
2012 1.030.000.000 10.58%
2013 787.000.000 -30.88%
2014 910.000.000 13.52%
2015 342.000.000 -166.08%
2016 730.000.000 53.15%
2017 102.000.000 -615.69%
2018 971.000.000 89.5%
2019 2.044.000.000 52.5%
2020 -1.991.000.000 202.66%
2021 1.161.000.000 271.49%
2022 1.230.000.000 5.61%
2023 373.000.000 -229.76%
2023 229.500.000 -62.53%
2024 -100.500.000 328.36%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Netcare Limited Operating Cashflow
Year Operating Cashflow Growth
2005 658.700.000
2006 654.300.000 -0.67%
2007 902.000.000 27.46%
2008 1.380.000.000 34.64%
2009 1.178.000.000 -17.15%
2010 1.813.000.000 35.02%
2011 2.329.000.000 22.16%
2012 2.384.000.000 2.31%
2013 2.137.000.000 -11.56%
2014 2.812.000.000 24%
2015 2.983.000.000 5.73%
2016 3.519.000.000 15.23%
2017 2.521.000.000 -39.59%
2018 2.483.000.000 -1.53%
2019 3.473.000.000 28.51%
2020 -992.000.000 450.1%
2021 2.305.000.000 143.04%
2022 2.612.000.000 11.75%
2023 1.880.000.000 -38.94%
2023 431.500.000 -335.69%
2024 146.500.000 -194.54%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Netcare Limited Capital Expenditure
Year Capital Expenditure Growth
2005 497.300.000
2006 1.124.800.000 55.79%
2007 1.492.000.000 24.61%
2008 1.416.000.000 -5.37%
2009 1.427.000.000 0.77%
2010 1.370.000.000 -4.16%
2011 1.408.000.000 2.7%
2012 1.354.000.000 -3.99%
2013 1.350.000.000 -0.3%
2014 1.902.000.000 29.02%
2015 2.641.000.000 27.98%
2016 2.789.000.000 5.31%
2017 2.419.000.000 -15.3%
2018 1.512.000.000 -59.99%
2019 1.429.000.000 -5.81%
2020 999.000.000 -43.04%
2021 1.144.000.000 12.67%
2022 1.382.000.000 17.22%
2023 1.507.000.000 8.29%
2023 202.000.000 -646.04%
2024 247.000.000 18.22%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Netcare Limited Equity
Year Equity Growth
2005 3.418.100.000
2006 6.236.110.000 45.19%
2007 8.582.000.000 27.34%
2008 8.851.000.000 3.04%
2009 7.133.000.000 -24.09%
2010 6.365.000.000 -12.07%
2011 7.685.000.000 17.18%
2012 -1.020.000.000 853.43%
2013 10.432.000.000 109.78%
2014 12.172.000.000 14.3%
2015 14.281.000.000 14.77%
2016 13.009.000.000 -9.78%
2017 8.862.000.000 -46.8%
2018 10.415.000.000 14.91%
2019 10.235.000.000 -1.76%
2020 9.799.000.000 -4.45%
2021 10.589.000.000 7.46%
2022 10.944.000.000 3.24%
2023 11.041.000.000 0.88%
2024 11.135.000.000 0.84%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Netcare Limited Assets
Year Assets Growth
2005 6.282.400.000
2006 50.500.900.000 87.56%
2007 50.539.000.000 0.08%
2008 54.930.000.000 7.99%
2009 45.941.000.000 -19.57%
2010 44.372.000.000 -3.54%
2011 50.664.000.000 12.42%
2012 44.222.000.000 -14.57%
2013 23.919.000.000 -84.88%
2014 26.717.000.000 10.47%
2015 31.664.000.000 15.62%
2016 30.659.000.000 -3.28%
2017 28.112.000.000 -9.06%
2018 20.548.000.000 -36.81%
2019 21.415.000.000 4.05%
2020 25.944.000.000 17.46%
2021 25.621.000.000 -1.26%
2022 26.270.000.000 2.47%
2023 27.803.000.000 5.51%
2024 27.972.000.000 0.6%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Netcare Limited Liabilities
Year Liabilities Growth
2005 2.864.300.000
2006 44.264.790.000 93.53%
2007 41.957.000.000 -5.5%
2008 46.079.000.000 8.95%
2009 38.808.000.000 -18.74%
2010 37.843.000.000 -2.55%
2011 42.979.000.000 11.95%
2012 45.242.000.000 5%
2013 13.487.000.000 -235.45%
2014 14.545.000.000 7.27%
2015 17.383.000.000 16.33%
2016 17.650.000.000 1.51%
2017 19.250.000.000 8.31%
2018 10.133.000.000 -89.97%
2019 11.180.000.000 9.36%
2020 16.145.000.000 30.75%
2021 15.032.000.000 -7.4%
2022 15.326.000.000 1.92%
2023 16.762.000.000 8.57%
2024 16.837.000.000 0.45%

Netcare Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
22.82
Net Income per Share
1.24
Price to Earning Ratio
12.35x
Price To Sales Ratio
0.64x
POCF Ratio
6.34
PFCF Ratio
17.64
Price to Book Ratio
1.82
EV to Sales
0.98
EV Over EBITDA
6.29
EV to Operating CashFlow
9.33
EV to FreeCashFlow
27.02
Earnings Yield
0.08
FreeCashFlow Yield
0.06
Market Cap
19,44 Bil.
Enterprise Value
29,77 Bil.
Graham Number
15.25
Graham NetNet
-8.87

Income Statement Metrics

Net Income per Share
1.24
Income Quality
1.89
ROE
0.15
Return On Assets
0.06
Return On Capital Employed
0.15
Net Income per EBT
0.72
EBT Per Ebit
0.66
Ebit per Revenue
0.11
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.31
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.49
Operating Profit Margin
0.11
Pretax Profit Margin
0.08
Net Profit Margin
0.05

Dividends

Dividend Yield
0.04
Dividend Yield %
4.26
Payout Ratio
0.67
Dividend Per Share
0.65

Operating Metrics

Operating Cashflow per Share
2.41
Free CashFlow per Share
0.83
Capex to Operating CashFlow
0.65
Capex to Revenue
0.07
Capex to Depreciation
1.3
Return on Invested Capital
0.11
Return on Tangible Assets
0.06
Days Sales Outstanding
49.13
Days Payables Outstanding
78.67
Days of Inventory on Hand
18.87
Receivables Turnover
7.43
Payables Turnover
4.64
Inventory Turnover
19.34
Capex per Share
1.58

Balance Sheet

Cash per Share
1,22
Book Value per Share
8,39
Tangible Book Value per Share
6.97
Shareholders Equity per Share
8.37
Interest Debt per Share
9.84
Debt to Equity
1.08
Debt to Assets
0.43
Net Debt to EBITDA
2.18
Current Ratio
1.2
Tangible Asset Value
9,24 Bil.
Net Current Asset Value
-10,28 Bil.
Invested Capital
21088000000
Working Capital
1,07 Bil.
Intangibles to Total Assets
0.07
Average Receivables
4,08 Bil.
Average Payables
3,30 Bil.
Average Inventory
791000000
Debt to Market Cap
0.61

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Netcare Limited Dividends
Year Dividends Growth
2000 7
2001 6 0%
2002 10 33.33%
2003 13 30.77%
2004 17 18.75%
2005 22 23.81%
2006 27 22.22%
2007 28 3.57%
2008 32 12.5%
2009 34 5.88%
2010 41 17.07%
2011 29 -46.43%
2012 53 47.17%
2013 61 13.11%
2014 73 15.28%
2015 86 16.28%
2016 92 6.52%
2017 95 3.16%
2018 101 5.94%
2019 87 -16.09%
2020 64 -35.94%
2022 54 -18.52%
2023 60 10%
2024 65 7.69%

Netcare Limited Profile

About Netcare Limited

Netcare Limited, an investment holding company, operates private hospitals in South Africa. The company operates through Hospital and Emergency Services, and Primary Care segments. The Hospital and Emergency Services segment engages in the hospital and pharmacy operations. Its operations covers its private acute hospital network and day clinics; and non-acute services, including emergency medical services, private mental health clinics operation, and cancer care services, as well as sells healthcare products and vouchers. The Primary Care segment offers healthcare services, and employee health and wellness services, as well as administrative services to medical and dental practices. The company operates through a network of 51 hospitals; 2 public-private partnership hospitals; 10605 registered hospital beds; 10 cancer care centers; 422 theaters; 63 renal dialysis units with 860 dialysis stations; 95 primary healthcare centers; 15 medicross day theaters; 79 netcare 911 emergency sites; 7 netcare training campuses; and 12 mental health and psychiatric clinics with 841 beds. Netcare Limited was incorporated in 1996 and is headquartered in Sandton, South Africa.

CEO
Mr. Craig Grindell
Employee
18.000
Address
76 Maude Street
Sandton, 2196

Netcare Limited Executives & BODs

Netcare Limited Executives & BODs
# Name Age
1 Dr. Erich Bock
Acting Managing Director of Hospitals
70
2 Teshlin Akaloo
Managing Director of Innovative Products
70
3 Dr. Nceba Ndzwayiba
Group HR & Transformation Director
70
4 Mr. Travis Dewing
Chief Information Officer
70
5 Dr. Billyy van der Merwe
Managing Director of Primary Care
70
6 Mr. Craig Grindell
Managing Director of Netcare 911
70
7 Mr. Charles M. Vikisi
Group Company Secretary & General Counsel
70
8 Boniswa Kama
Chief Data Officer
70

Netcare Limited Competitors