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South African (JSE) Healthcare Sector Analysis

UpdatedApr 14, 2025
DataAggregated Company Financials
Companies6
  • 7D0.6%
  • 3M-12.3%
  • 1Y-20.1%
  • YTD-14.0%

The Healthcare industry has stayed flat over the last week. Unfortunately though, the industry is down 20% over the past 12 months. Looking forward, earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 14 Apr 2025R109.9bR106.9bR8.7b13.1x12.7x1x
Wed, 12 Mar 2025R126.3bR107.6bR8.7b11.8x14.6x1.2x
Fri, 07 Feb 2025R126.1bR106.8bR8.7b12.2x14.6x1.2x
Sun, 05 Jan 2025R129.6bR106.8bR8.7b13.9x15x1.2x
Tue, 03 Dec 2024R128.8bR106.8bR8.7b12.7x14.9x1.2x
Thu, 31 Oct 2024R132.5bR103.8bR8.0b15.3x16.7x1.3x
Sat, 28 Sep 2024R140.3bR103.8bR8.0b15.7x17.6x1.4x
Mon, 26 Aug 2024R152.8bR101.8bR8.3b14.4x18.3x1.5x
Wed, 24 Jul 2024R149.0bR101.3bR8.4b13.3x17.8x1.5x
Fri, 21 Jun 2024R154.8bR101.3bR8.4b13x18.5x1.5x
Sun, 19 May 2024R141.4bR100.0bR8.2b12.2x17.2x1.4x
Tue, 16 Apr 2024R138.2bR100.0bR8.2b11.9x16.8x1.4x
Thu, 14 Mar 2024R143.7bR100.0bR8.0b16x18x1.4x
Sat, 10 Feb 2024R137.1bR98.0bR8.4b15.3x16.4x1.4x
Mon, 08 Jan 2024R143.8bR98.7bR8.3b15.7x17.3x1.5x
Wed, 06 Dec 2023R135.8bR98.7bR8.3b15.1x16.3x1.4x
Fri, 03 Nov 2023R131.7bR105.1bR8.5b14.9x15.5x1.3x
Sun, 01 Oct 2023R133.3bR105.1bR8.5b14.9x15.7x1.3x
Tue, 29 Aug 2023R140.3bR102.8bR9.1b14.8x15.5x1.4x
Thu, 27 Jul 2023R141.4bR102.7bR9.0b15x15.6x1.4x
Sat, 24 Jun 2023R138.5bR102.7bR9.0b15.1x15.3x1.3x
Mon, 22 May 2023R132.6bR99.7bR8.9b16x14.9x1.3x
Wed, 19 Apr 2023R135.9bR99.7bR8.9b15.9x15.3x1.4x
Fri, 17 Mar 2023R134.2bR99.7bR8.4b15.7x16x1.3x
Sun, 12 Feb 2023R117.3bR99.6bR9.0b13.2x13x1.2x
Tue, 10 Jan 2023R119.7bR99.6bR9.0b13.9x13.3x1.2x
Thu, 08 Dec 2022R115.2bR99.6bR9.0b13x12.8x1.2x
Sat, 05 Nov 2022R122.6bR98.6bR8.8b14.1x13.9x1.2x
Mon, 03 Oct 2022R111.3bR98.6bR8.8b12.7x12.6x1.1x
Wed, 31 Aug 2022R119.6bR98.6bR7.5b14.8x16x1.2x
Fri, 29 Jul 2022R127.3bR98.6bR7.5b15.2x17x1.3x
Sun, 26 Jun 2022R116.2bR98.6bR7.5b13.9x15.5x1.2x
Tue, 24 May 2022R126.0bR97.8bR7.5b14.1x16.7x1.3x
Thu, 21 Apr 2022R144.8bR97.8bR7.5b16.9x19.2x1.5x
Price to Earnings Ratio

19.2x


Total Market Cap: R144.8bTotal Earnings: R7.5bTotal Revenue: R97.8bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Healthcare Sector Price to Earnings3Y Average 15.8x202320242025
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 industry is trading at a PE ratio of 12.7x which is lower than its 3-year average PE of 15.8x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 4.7% per year over the last three years.
  • Revenues for these companies have grown 3.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

ZA Market4.52%
Healthcare0.60%
Healthcare Services1.26%
Pharma0.28%
Industry PE
  • Investors are most optimistic about the Pharma industry, which is trading close to its 3-year average PE ratio of 15.4x.
    • Analysts are expecting annual earnings growth of 23.5%, which is higher than its past year's earnings decline of 10.6% per year.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 16.9x.
Forecasted Growth
  • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 10% 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
LHC Life Healthcare Group HoldingsR13.691.7%
+R331.7m		32.1%PE9.9x
AIP Adcock Ingram HoldingsR47.304.1%
+R271.5m		-13.8%PE9.1x
NTC NetcareR12.740.7%
+R112.3m		10.8%PE11.3x
ASC Ascendis HealthR0.873.6%
+R18.8m		8.8%PE30.1x
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