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South African (JSE) Healthcare Sector Analysis

UpdatedJul 13, 2025
DataAggregated Company Financials
Companies6
  • 7D-2.2%
  • 3M-15.1%
  • 1Y-34.1%
  • YTD-24.0%

Over the last 7 days, the Healthcare industry has dropped 3.3%, driven by Aspen Pharmacare Holdings declining 1.9%. Overall the industry is down 33% in 12 months. Earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Jul 2025R96.8bR108.4bR5.9b11.2x16.5x0.9x
Tue, 10 Jun 2025R100.3bR108.4bR5.9b12.1x17.1x0.9x
Thu, 08 May 2025R99.8bR106.9bR8.7b11.9x11.5x0.9x
Sat, 05 Apr 2025R108.8bR106.9bR8.7b13x12.6x1x
Mon, 03 Mar 2025R119.6bR106.8bR8.6b12.4x13.9x1.1x
Wed, 29 Jan 2025R127.4bR106.8bR8.7b12.8x14.7x1.2x
Fri, 27 Dec 2024R129.5bR106.8bR8.7b13.4x15x1.2x
Sun, 24 Nov 2024R130.0bR103.8bR8.0b16.1x16.3x1.3x
Tue, 22 Oct 2024R134.5bR103.8bR8.0b16x16.9x1.3x
Thu, 19 Sep 2024R135.5bR103.8bR8.0b14.9x17x1.3x
Sat, 17 Aug 2024R147.2bR101.3bR8.4b13.7x17.6x1.5x
Mon, 15 Jul 2024R147.5bR101.3bR8.4b12.4x17.6x1.5x
Wed, 12 Jun 2024R143.0bR101.3bR8.4b11.8x17.1x1.4x
Fri, 10 May 2024R141.7bR100.0bR8.2b12x17.3x1.4x
Sun, 07 Apr 2024R138.0bR100.0bR8.2b12.6x16.8x1.4x
Tue, 05 Mar 2024R143.4bR100.0bR8.0b16.5x18x1.4x
Thu, 01 Feb 2024R141.1bR98.7bR8.3b15.7x16.9x1.4x
Sat, 30 Dec 2023R145.8bR98.7bR8.3b16.1x17.5x1.5x
Mon, 27 Nov 2023R133.6bR98.7bR8.3b14.8x16x1.4x
Wed, 25 Oct 2023R127.1bR105.1bR8.5b14.2x15x1.2x
Fri, 22 Sep 2023R133.7bR105.1bR8.5b15x15.7x1.3x
Sun, 20 Aug 2023R139.7bR102.7bR9.0b14.6x15.4x1.4x
Tue, 18 Jul 2023R138.9bR102.7bR9.0b14.8x15.4x1.4x
Thu, 15 Jun 2023R139.1bR102.7bR9.0b15.1x15.4x1.4x
Sat, 13 May 2023R137.4bR99.7bR8.9b16.3x15.4x1.4x
Mon, 10 Apr 2023R140.2bR99.7bR8.9b16.3x15.8x1.4x
Wed, 08 Mar 2023R129.1bR99.7bR8.4b15.2x15.4x1.3x
Fri, 03 Feb 2023R119.0bR99.6bR9.0b13.2x13.2x1.2x
Sun, 01 Jan 2023R113.3bR99.6bR9.0b13.1x12.6x1.1x
Tue, 29 Nov 2022R117.5bR99.6bR9.0b13.1x13x1.2x
Thu, 27 Oct 2022R124.4bR98.6bR8.8b14.2x14.1x1.3x
Sat, 24 Sep 2022R111.2bR99.1bR8.2b12.5x13.6x1.1x
Mon, 22 Aug 2022R125.7bR98.6bR7.5b15.5x16.8x1.3x
Wed, 20 Jul 2022R119.0bR98.6bR7.5b14.1x15.9x1.2x
Price to Earnings Ratio

15.9x


Total Market Cap: R119.0bTotal Earnings: R7.5bTotal Revenue: R98.6bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Healthcare Sector Price to Earnings3Y Average 15.6x202320242025
Current Industry PE
  • Investors are relatively neutral on the South African Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.6x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.90x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 7.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.2% 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 Trends

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

ZA Market-0.64%
Healthcare-2.20%
Pharma-1.49%
Healthcare Services-3.34%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 18.5x.
    • Analysts are expecting annual earnings growth of 34.1%, which is higher than its past year's earnings growth of 19.5% per year.
  • Investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 15.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 18% 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
AIP Adcock Ingram HoldingsR51.651.4%
+R102.7m
-13.0%PE10x
CCC Cilo Cybin HoldingsR2.950.3%
+R710.2k
-54.4%PB3.7x