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South African (JSE) Healthcare Sector Analysis

UpdatedApr 06, 2026
DataAggregated Company Financials
Companies4
  • 7D4.2%
  • 3M12.7%
  • 1Y-4.7%
  • YTD12.0%

All of the companies in the Healthcare industry have been up over the last week, with the industry up 4.2%. However, the industry is down 4.7% over the past year. Earnings are forecast to grow by 49% annually.

Sector Valuation and Performance

Has the South African Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Apr 2026R96.7bR94.3b-R1,903,655,123.0012.1x-50.8x1x
Wed, 04 Mar 2026R95.9bR95.1b-R1,180,655,123.0011.7x-81.2x1x
Fri, 30 Jan 2026R84.0bR95.1b-R1,180,655,123.0011.3x-71.2x0.9x
Sun, 28 Dec 2025R78.0bR95.1b-R1,180,655,123.0011.4x-66x0.8x
Tue, 25 Nov 2025R76.3bR95.9b-R695,378,123.0033.1x-109.8x0.8x
Thu, 23 Oct 2025R91.9bR105.7bR381.2m12.7x241.2x0.9x
Sat, 20 Sep 2025R89.9bR105.7bR381.2m12.3x236x0.9x
Mon, 18 Aug 2025R97.8bR108.4bR5.9b12.3x16.7x0.9x
Wed, 16 Jul 2025R95.1bR108.4bR5.9b11x16.3x0.9x
Fri, 13 Jun 2025R102.0bR108.4bR5.9b12.2x17.4x0.9x
Sun, 11 May 2025R101.9bR106.9bR8.7b12.2x11.8x1x
Tue, 08 Apr 2025R109.2bR106.9bR8.7b13x12.6x1x
Thu, 06 Mar 2025R124.3bR107.6bR8.7b12.3x14.3x1.2x
Sat, 01 Feb 2025R130.4bR106.8bR8.7b12.6x15.1x1.2x
Mon, 30 Dec 2024R128.3bR106.8bR8.7b13.1x14.8x1.2x
Wed, 27 Nov 2024R129.7bR104.8bR8.2b14.8x15.9x1.2x
Fri, 25 Oct 2024R133.7bR103.8bR8.0b15.9x16.8x1.3x
Sun, 22 Sep 2024R136.1bR103.8bR8.0b15.2x17.1x1.3x
Tue, 20 Aug 2024R149.5bR101.3bR8.4b14.2x17.8x1.5x
Thu, 18 Jul 2024R145.3bR101.3bR8.4b12.9x17.3x1.4x
Sat, 15 Jun 2024R140.5bR101.3bR8.4b12.5x16.8x1.4x
Mon, 13 May 2024R142.0bR100.0bR8.2b12.3x17.3x1.4x
Wed, 10 Apr 2024R137.7bR100.0bR8.2b12.4x16.8x1.4x
Fri, 08 Mar 2024R140.1bR100.0bR8.0b15.8x17.6x1.4x
Sun, 04 Feb 2024R138.5bR98.7bR8.3b15.3x16.6x1.4x
Tue, 02 Jan 2024R145.8bR98.7bR8.3b16.1x17.5x1.5x
Thu, 30 Nov 2023R134.2bR98.7bR8.3b14.9x16.1x1.4x
Sat, 28 Oct 2023R126.3bR105.1bR8.5b14.1x14.9x1.2x
Mon, 25 Sep 2023R133.3bR105.1bR8.5b14.9x15.7x1.3x
Wed, 23 Aug 2023R139.6bR102.7bR9.0b14.8x15.4x1.4x
Fri, 21 Jul 2023R141.2bR102.7bR9.0b15x15.6x1.4x
Sun, 18 Jun 2023R142.4bR102.7bR9.0b15.4x15.7x1.4x
Tue, 16 May 2023R136.7bR99.7bR8.9b16.3x15.4x1.4x
Thu, 13 Apr 2023R139.3bR99.7bR8.9b16.2x15.7x1.4x
Price to Earnings Ratio

15.7x


Total Market Cap: R139.3bTotal Earnings: R8.9bTotal Revenue: R99.7bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Healthcare Sector Price to Earnings3Y Average 18.4x202420252026
Current Industry PE
  • Investors are pessimistic on the South African Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the South African Healthcare sector?

ZA Market2.87%
Healthcare4.22%
Pharma4.80%
Healthcare Services3.29%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 55.0x.
    • Analysts are expecting annual earnings growth of 36.7%, which is higher than its past year's earnings growth of 17.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 56% over the next 5 years.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 37% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
APN Aspen Pharmacare HoldingsR134.114.8%
+R2.7b
-10.6%PS1.4x
LHC Life Healthcare Group HoldingsR11.803.9%
+R629.7m
-12.3%PS0.7x
NTC NetcareR16.762.3%
+R441.0m
32.5%PE12.1x