Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

South African (JSE) Healthcare Sector Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies6
  • 7D-1.3%
  • 3M-13.7%
  • 1Y0.9%
  • YTD-8.8%

Over the last 7 days, the Healthcare industry has dropped 1.3%, driven by a pullback from Aspen Pharmacare Holdings of 2.0%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024R129.8bR103.8bR8.0b15.9x16.3x1.3x
Sat, 19 Oct 2024R134.2bR103.8bR8.0b15.6x16.9x1.3x
Mon, 16 Sep 2024R132.6bR103.8bR8.0b13.7x16.7x1.3x
Wed, 14 Aug 2024R144.6bR101.3bR8.4b13.3x17.2x1.4x
Fri, 12 Jul 2024R147.4bR101.3bR8.4b12.5x17.6x1.5x
Sun, 09 Jun 2024R144.8bR101.3bR8.4b12x17.3x1.4x
Tue, 07 May 2024R140.0bR100.0bR8.2b11.9x17.1x1.4x
Thu, 04 Apr 2024R136.9bR100.0bR8.2b12.4x16.7x1.4x
Sat, 02 Mar 2024R139.7bR98.0bR8.3b15.5x16.8x1.4x
Mon, 29 Jan 2024R144.2bR98.7bR8.3b15.9x17.3x1.5x
Wed, 27 Dec 2023R142.4bR98.7bR8.3b15.6x17.1x1.4x
Fri, 24 Nov 2023R132.7bR98.7bR8.3b14.7x15.9x1.3x
Sun, 22 Oct 2023R127.1bR105.1bR8.5b14.3x15x1.2x
Tue, 19 Sep 2023R132.5bR105.1bR8.5b14.7x15.6x1.3x
Thu, 17 Aug 2023R144.3bR102.7bR9.0b15.1x16x1.4x
Sat, 15 Jul 2023R138.7bR102.7bR9.0b14.9x15.3x1.4x
Mon, 12 Jun 2023R136.7bR102.7bR9.0b15.1x15.1x1.3x
Wed, 10 May 2023R140.0bR99.7bR8.9b16.7x15.7x1.4x
Fri, 07 Apr 2023R140.2bR99.7bR8.9b16.3x15.8x1.4x
Sun, 05 Mar 2023R134.0bR99.7bR8.4b15.7x15.9x1.3x
Tue, 31 Jan 2023R118.7bR99.6bR9.0b13.1x13.2x1.2x
Thu, 29 Dec 2022R113.2bR99.6bR9.0b13x12.6x1.1x
Sat, 26 Nov 2022R117.4bR99.4bR8.8b13.1x13.3x1.2x
Mon, 24 Oct 2022R122.3bR98.6bR8.8b14.1x13.8x1.2x
Wed, 21 Sep 2022R114.1bR99.1bR8.2b12.9x14x1.2x
Fri, 19 Aug 2022R128.6bR98.6bR7.5b15.8x17.2x1.3x
Sun, 17 Jul 2022R119.0bR98.6bR7.5b14.1x15.9x1.2x
Tue, 14 Jun 2022R116.5bR98.6bR7.5b14.1x15.6x1.2x
Thu, 12 May 2022R129.0bR97.8bR7.5b14.7x17.1x1.3x
Sat, 09 Apr 2022R154.1bR97.8bR7.5b17.6x20.4x1.6x
Mon, 07 Mar 2022R145.2bR96.5bR6.4b18.5x22.8x1.5x
Wed, 02 Feb 2022R161.1bR94.5bR7.8b20.3x20.6x1.7x
Fri, 31 Dec 2021R168.0bR94.5bR7.8b21.2x21.4x1.8x
Sun, 28 Nov 2021R155.7bR94.5bR7.8b19.9x19.9x1.6x
Price to Earnings Ratio

19.9x


Total Market Cap: R155.7bTotal Earnings: R7.8bTotal Revenue: R94.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Healthcare Sector Price to Earnings3Y Average 16.6x202220232024
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 16.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have remained mostly flat 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 and as a result, profits have held steady.

Industry Trends

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

ZA Market0.33%
Healthcare-1.29%
Medical Equipment0%
Healthtech0%
Biotech0%
Life Sciences0%
Healthcare Services-0.36%
Pharma-1.75%
Industry PE
  • Investors are most optimistic about the Pharma industry, which is trading close to its 3-year average PE ratio of 16.0x.
    • Analysts are expecting annual earnings growth of 22.6%, which is higher than its past year's earnings decline of 12.6% per year.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 18.3x.
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 13% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 16% 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 HoldingsR17.172.3%
+R547.3m		-5.0%PE17.5x
NTC NetcareR15.231.5%
+R287.1m		13.9%PE14.8x
AIP Adcock Ingram HoldingsR67.311.8%
+R177.6m		22.4%PE12.1x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

LHC

R17.17

Life Healthcare Group Holdings

7D

2.3%

1Y

-5.0%

AIP

R67.31

Adcock Ingram Holdings

7D

1.8%

1Y

22.4%

Shareholders Will Probably Hold Off On Increasing Adcock Ingram Holdings Limited's (JSE:AIP) CEO Compensation For The Time Being

Nov 13
Shareholders Will Probably Hold Off On Increasing Adcock Ingram Holdings Limited's (JSE:AIP) CEO Compensation For The Time Being

APN

R171.30

Aspen Pharmacare Holdings

7D

-1.6%

1Y

-2.4%

Aspen Pharmacare Holdings Limited (JSE:APN) Not Lagging Market On Growth Or Pricing

Nov 09
Aspen Pharmacare Holdings Limited (JSE:APN) Not Lagging Market On Growth Or Pricing

CCC

R2.00

Cilo Cybin Holdings

7D

-42.7%

1Y

n/a

NTC

R15.23

Netcare

7D

1.5%

1Y

13.9%