Returns On Capital At Ramsay Health Care (ASX:RHC) Paint A Concerning Picture
Nov 11
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Australian (ASX) Healthcare Facilities Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies4
- 7D1.1%
- 3M-10.2%
- 1Y-11.8%
- YTDn/a
Over the last 7 days, the Healthcare Facilities industry has dropped 1.2%, driven by Ramsay Health Care declining 3.5%. The industry has fallen 14% in the last year. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Australian Healthcare Facilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | AU$11.4b | AU$18.1b | AU$234.0m | 36.6x | 48.8x | 0.6x |
| Sat, 19 Oct 2024 | AU$12.4b | AU$18.1b | AU$234.0m | 37.6x | 53.2x | 0.7x |
| Mon, 16 Sep 2024 | AU$11.8b | AU$18.1b | AU$234.0m | 35.8x | 50.4x | 0.7x |
| Wed, 14 Aug 2024 | AU$11.1b | AU$16.4b | AU$251.1m | 43x | 44.2x | 0.7x |
| Fri, 12 Jul 2024 | AU$11.6b | AU$16.4b | AU$251.1m | 44.4x | 46x | 0.7x |
| Sun, 09 Jun 2024 | AU$12.1b | AU$16.4b | AU$251.1m | 46x | 48.2x | 0.7x |
| Tue, 07 May 2024 | AU$12.6b | AU$16.4b | AU$251.1m | 45.7x | 50.1x | 0.8x |
| Thu, 04 Apr 2024 | AU$13.0b | AU$16.4b | AU$251.1m | 38.5x | 51.6x | 0.8x |
| Sat, 02 Mar 2024 | AU$13.2b | AU$16.4b | AU$251.1m | 34.4x | 52.7x | 0.8x |
| Mon, 29 Jan 2024 | AU$15.0b | AU$17.2b | AU$255.4m | 34.4x | 58.5x | 0.9x |
| Wed, 27 Dec 2023 | AU$15.0b | AU$17.2b | AU$255.4m | 34.7x | 58.9x | 0.9x |
| Fri, 24 Nov 2023 | AU$14.3b | AU$17.2b | AU$255.4m | 33.8x | 55.9x | 0.8x |
| Sun, 22 Oct 2023 | AU$14.3b | AU$17.2b | AU$255.4m | 33.8x | 55.9x | 0.8x |
| Tue, 19 Sep 2023 | AU$14.7b | AU$17.2b | AU$255.4m | 34.5x | 57.6x | 0.9x |
| Thu, 17 Aug 2023 | AU$15.6b | AU$16.5b | AU$211.1m | 26.9x | 74.1x | 0.9x |
| Sat, 15 Jul 2023 | AU$15.7b | AU$16.5b | AU$211.1m | 27.4x | 74.3x | 0.9x |
| Mon, 12 Jun 2023 | AU$16.0b | AU$16.5b | AU$211.1m | 26.2x | 75.6x | 1x |
| Wed, 10 May 2023 | AU$16.5b | AU$16.1b | AU$212.3m | 26.3x | 77.8x | 1x |
| Fri, 07 Apr 2023 | AU$18.2b | AU$16.1b | AU$212.3m | 24.9x | 85.8x | 1.1x |
| Sun, 05 Mar 2023 | AU$17.6b | AU$16.1b | AU$212.3m | 24.9x | 82.7x | 1.1x |
| Tue, 31 Jan 2023 | AU$17.6b | AU$15.6b | AU$215.3m | 24.9x | 81.6x | 1.1x |
| Thu, 29 Dec 2022 | AU$17.1b | AU$15.6b | AU$215.3m | 24.9x | 79.3x | 1.1x |
| Sat, 26 Nov 2022 | AU$17.3b | AU$15.6b | AU$215.3m | 24.9x | 80.3x | 1.1x |
| Mon, 24 Oct 2022 | AU$15.2b | AU$15.4b | AU$216.0m | 24.9x | 70.3x | 1x |
| Wed, 21 Sep 2022 | AU$16.7b | AU$15.4b | AU$216.0m | 24.9x | 77.1x | 1.1x |
| Fri, 19 Aug 2022 | AU$19.0b | AU$15.1b | AU$430.5m | 44.2x | 44.1x | 1.3x |
| Sun, 17 Jul 2022 | AU$18.5b | AU$15.1b | AU$436.0m | 58.1x | 42.3x | 1.2x |
| Tue, 14 Jun 2022 | AU$20.2b | AU$15.1b | AU$436.0m | 64.4x | 46.3x | 1.3x |
| Thu, 12 May 2022 | AU$20.2b | AU$15.1b | AU$436.0m | 66.9x | 46.4x | 1.3x |
| Sat, 09 Apr 2022 | AU$17.6b | AU$15.1b | AU$429.5m | 60.9x | 41x | 1.2x |
| Mon, 07 Mar 2022 | AU$17.3b | AU$15.1b | AU$439.2m | 38.5x | 39.4x | 1.1x |
| Wed, 02 Feb 2022 | AU$17.5b | AU$14.9b | AU$551.8m | 28.2x | 31.7x | 1.2x |
| Fri, 31 Dec 2021 | AU$19.2b | AU$14.9b | AU$551.8m | 28.1x | 34.8x | 1.3x |
| Sun, 28 Nov 2021 | AU$18.2b | AU$15.3b | AU$537.7m | 27x | 33.9x | 1.2x |
Price to Earnings Ratio
33.9x
Current Industry PE
- Investors are pessimistic on the Australian Health Care Facilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 48.3x which is lower than its 3-year average PE of 57.8x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Health Care Facilities industry have declined 24% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Australian Healthcare Facilities compare with similar industries?
| AU Market | 1.47% | |
| Healthcare | -2.04% | |
| Healthcare Services | 0.71% | |
| Healthcare Facilities | 1.06% | |
| Healthcare Services | 2.66% | |
| Managed Healthcare | 0% | |
| Healthcare Distributors | -6.71% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REG Regis Healthcare | AU$6.44 | 0.8% +AU$15.1m | 133.3% | PS1.9x |