South African (JSE) Healthcare Services Industry Analysis
UpdatedMay 21, 2024
DataAggregated Company Financials
Companies2
- 7D-0.7%
- 3M-29.6%
- 1Y-37.0%
- YTD-30.7%
Over the last 7 days, the Healthcare Services industry has dropped 1.0%, driven by declines from every company within the industry. However, the industry is down 37% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.
Industry Valuation and Performance
Has the South African Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 May 2024 | R30.7b | R46.6b | R2.5b | 12.2x | 12.2x | 0.7x |
| Thu, 18 Apr 2024 | R29.2b | R46.6b | R2.5b | 11.6x | 11.6x | 0.6x |
| Sat, 16 Mar 2024 | R40.6b | R46.6b | R2.5b | 16.2x | 16.2x | 0.9x |
| Mon, 12 Feb 2024 | R43.4b | R46.6b | R2.5b | 17.3x | 17.3x | 0.9x |
| Wed, 10 Jan 2024 | R45.0b | R47.3b | R2.5b | 17.7x | 18.1x | 1x |
| Fri, 08 Dec 2023 | R43.8b | R47.3b | R2.5b | 17.2x | 17.6x | 0.9x |
| Sun, 05 Nov 2023 | R44.7b | R53.7b | R2.6b | 16.5x | 17x | 0.8x |
| Tue, 03 Oct 2023 | R47.7b | R53.7b | R2.6b | 17.5x | 18.1x | 0.9x |
| Thu, 31 Aug 2023 | R48.8b | R53.7b | R2.6b | 17.9x | 18.5x | 0.9x |
| Sat, 29 Jul 2023 | R49.7b | R53.7b | R2.6b | 18.3x | 18.9x | 0.9x |
| Mon, 26 Jun 2023 | R48.5b | R53.7b | R2.6b | 18x | 18.4x | 0.9x |
| Wed, 24 May 2023 | R49.3b | R52.0b | R2.7b | 17.9x | 18.3x | 0.9x |
| Fri, 21 Apr 2023 | R50.1b | R50.8b | R2.5b | 20x | 20.2x | 1x |
| Sun, 19 Mar 2023 | R46.2b | R50.7b | R2.5b | 18.6x | 18.6x | 0.9x |
| Tue, 14 Feb 2023 | R43.7b | R50.7b | R2.5b | 17.7x | 17.6x | 0.9x |
| Thu, 12 Jan 2023 | R46.5b | R50.7b | R2.5b | 18.9x | 18.7x | 0.9x |
| Sat, 10 Dec 2022 | R43.9b | R50.7b | R2.5b | 17.9x | 17.6x | 0.9x |
| Mon, 07 Nov 2022 | R48.8b | R49.7b | R2.3b | 22.1x | 21x | 1x |
| Wed, 05 Oct 2022 | R43.7b | R49.7b | R2.3b | 19.8x | 18.8x | 0.9x |
| Fri, 02 Sep 2022 | R48.7b | R49.7b | R2.3b | 21.7x | 21x | 1x |
| Sun, 31 Jul 2022 | R49.0b | R49.7b | R2.3b | 22.1x | 21.1x | 1x |
| Tue, 28 Jun 2022 | R47.3b | R49.7b | R2.3b | 21.4x | 20.4x | 1x |
| Thu, 26 May 2022 | R46.5b | R48.9b | R2.4b | 21.5x | 19.6x | 1x |
| Sat, 23 Apr 2022 | R54.3b | R48.9b | R2.4b | 24.5x | 22.8x | 1.1x |
| Mon, 21 Mar 2022 | R52.6b | R48.9b | R2.4b | 23.4x | 22.1x | 1.1x |
| Wed, 16 Feb 2022 | R55.3b | R48.9b | R2.4b | 24.3x | 23.2x | 1.1x |
| Fri, 14 Jan 2022 | R54.3b | R48.9b | R2.4b | 24.3x | 22.8x | 1.1x |
| Sun, 12 Dec 2021 | R53.0b | R48.9b | R2.4b | 23.1x | 22.3x | 1.1x |
| Tue, 09 Nov 2021 | R57.1b | R45.0b | -R41,754,000.00 | 151x | -1368.1x | 1.3x |
| Thu, 07 Oct 2021 | R56.3b | R45.0b | -R41,754,000.00 | 154.8x | -1348.9x | 1.3x |
| Sat, 04 Sep 2021 | R58.4b | R45.0b | -R41,754,000.00 | 152.7x | -1398x | 1.3x |
| Mon, 02 Aug 2021 | R55.1b | R45.0b | -R41,754,000.00 | 139x | -1319.3x | 1.2x |
Price to Earnings Ratio
-511.1x
Current Industry PE
- There are only 2 companies in the South African Healthcare industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Healthcare industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the South African Healthcare industry?
| ZA Market | 1.43% | |
| Healthcare | 1.28% | |
| Healthcare Services | -0.73% | |
| Healthcare Distributors | 0% | |
| Healthcare Services | 0% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -0.73% | |
Industry PE
- Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 16.9%, which is higher than its past year's earnings growth of 13.0% per year.
- Investors are most pessimistic about the Healthcare Facilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NTC Netcare | R11.62 | 3.1% +R456.9m | -20.1% | PE12.1x |