Pro Medicus Limited provides radiology information systems (RIS), picture archiving and communication systems (PACS), and advanced visualization solutions in Australia, Europe, and North America.
Flawless balance sheet with outstanding track record.
Share Price & News
How has Pro Medicus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PME's share price has been volatile over the past 3 months.
7 Day Return
AU Healthcare Services
1 Year Return
AU Healthcare Services
Return vs Industry: PME exceeded the Australian Healthcare Services industry which returned -11.2% over the past year.
Return vs Market: PME underperformed the Australian Market which returned -4.2% over the past year.
Price Volatility Vs. Market
How volatile is Pro Medicus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StPro Medicus's (ASX:PME) Earnings Are Growing But Is There More To The Story?
4 days ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In Pro Medicus Limited's (ASX:PME) Shares?
3 weeks ago | Simply Wall StDoes Pro Medicus (ASX:PME) Have The DNA Of A Multi-Bagger?
Is Pro Medicus undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PME (A$23.37) is trading above our estimate of fair value (A$14.59)
Significantly Below Fair Value: PME is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PME is poor value based on its PE Ratio (109.7x) compared to the XX Healthcare Services industry average (47.6x).
PE vs Market: PME is poor value based on its PE Ratio (109.7x) compared to the Australian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: PME is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: PME is overvalued based on its PB Ratio (46.3x) compared to the AU Healthcare Services industry average (5.1x).
How is Pro Medicus forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PME's forecast earnings growth (24.7% per year) is above the savings rate (2.3%).
Earnings vs Market: PME's earnings (24.7% per year) are forecast to grow faster than the Australian market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PME's revenue (17.3% per year) is forecast to grow faster than the Australian market (4.3% per year).
High Growth Revenue: PME's revenue (17.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PME's Return on Equity is forecast to be very high in 3 years time (46.8%).
How has Pro Medicus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PME has high quality earnings.
Growing Profit Margin: PME's current net profit margins (40.9%) are higher than last year (36.6%).
Past Earnings Growth Analysis
Earnings Trend: PME's earnings have grown significantly by 36.8% per year over the past 5 years.
Accelerating Growth: PME's earnings growth over the past year (39.4%) exceeds its 5-year average (36.8% per year).
Earnings vs Industry: PME earnings growth over the past year (39.4%) exceeded the Healthcare Services industry -1.5%.
Return on Equity
High ROE: PME's Return on Equity (42.2%) is considered outstanding.
How is Pro Medicus's financial position?
Financial Position Analysis
Short Term Liabilities: PME's short term assets (A$56.4M) exceed its short term liabilities (A$12.8M).
Long Term Liabilities: PME's short term assets (A$56.4M) exceed its long term liabilities (A$22.2M).
Debt to Equity History and Analysis
Debt Level: PME is debt free.
Reducing Debt: PME has not had any debt for past 5 years.
Debt Coverage: PME has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PME has no debt, therefore coverage of interest payments is not a concern.
What is Pro Medicus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PME's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: PME's dividend (0.51%) is low compared to the top 25% of dividend payers in the Australian market (6.46%).
Stability and Growth of Payments
Stable Dividend: PME is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: PME is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PME is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PME's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Sam Aaron Hupert, M.B.B.S. has been the Chief Executive Officer and Managing Director at Pro Medicus Limited (alternate name: PRO Medicus Ltd.) since October 2010. Dr. Hupert serves as Member of Adviso ...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($USD364.18K) is below average for companies of similar size in the Australian market ($USD1.38M).
Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.
|Global Chief Technology Officer||no data||AU$1.10m||0.055% |
|GM of North America & Global Head of Marketing||no data||AU$592.08k||0.044% |
|General Manager of Australia||9.58yrs||AU$560.41k||0.37% |
|Global Head of Sales - Visage Imaging Inc||5.08yrs||AU$696.30k||0.17% |
|CFO & Company Secretary||8.08yrs||no data||no data|
Experienced Management: PME's management team is seasoned and experienced (9.6 years average tenure).
|Non-Executive Director||2.92yrs||AU$90.00k||0.0041% |
|Chairman of the Board||10yrs||AU$100.00k||0.65% |
|Non-Executive Director||no data||no data||no data|
|Non-Executive Director||4.25yrs||AU$100.00k||0.0092% |
Experienced Board: PME's board of directors are seasoned and experienced ( 10 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pro Medicus Limited's company bio, employee growth, exchange listings and data sources
- Name: Pro Medicus Limited
- Ticker: PME
- Exchange: ASX
- Founded: 1983
- Industry: Health Care Technology
- Sector: Healthcare
- Market Cap: AU$2.429b
- Shares outstanding: 103.95m
- Website: https://www.promed.com.au
Number of Employees
- Pro Medicus Limited
- 450 Swan Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PME||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2000|
|PMCU.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2000|
|PME||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 2000|
|PMC||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2000|
Pro Medicus Limited provides radiology information systems (RIS), picture archiving and communication systems (PACS), and advanced visualization solutions in Australia, Europe, and North America. It offers ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 11:14|
|End of Day Share Price||2020/08/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.