RHC Stock Overview

Owns and operates hospitals in Australia, and internationally. More details

RHC fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	3/6
Past Performance	0/6
Financial Health	2/6
Dividends	1/6

Rewards

Trading at 53.5% below our estimate of its fair value

Earnings are forecast to grow 47.47% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 25%

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Profit margins (0.05%) are lower than last year (1.4%)

Community vs My Fair Value

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Ramsay Health Care Limited Competitors

Regis Healthcare

ASX:REG

AU$1.9b

Monash IVF Group

ASX:MVF

AU$448.1m

Pacific Smiles Group

ASX:PSQ

AU$320.0m

Sonic Healthcare

ASX:SHL

AU$12.2b

Price History & Performance

Summary of share price highs, lows and changes for Ramsay Health Care
Historical stock prices
Current Share Price	AU$33.41
52 Week High	AU$56.67
52 Week Low	AU$32.50
Beta	0.61
1 Month Change	-4.06%
3 Month Change	-9.85%
1 Year Change	-38.74%
3 Year Change	-47.74%
5 Year Change	-38.30%
Change since IPO	-25.17%

Recent updates

Shareholder Returns

	RHC	AU Healthcare	AU Market
7D	-3.1%	-4.7%	-4.4%
1Y	-38.7%	-18.4%	-1.3%

Return vs Industry: RHC underperformed the Australian Healthcare industry which returned -18.4% over the past year.

Return vs Market: RHC underperformed the Australian Market which returned -1.3% over the past year.

Price Volatility

Is RHC's price volatile compared to industry and market?
RHC volatility
RHC Average Weekly Movement	3.9%
Healthcare Industry Average Movement	5.1%
Market Average Movement	8.1%
10% most volatile stocks in AU Market	15.5%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: RHC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: RHC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1964	90,000	Natalie Davis	www.ramsayhealth.com

Ramsay Health Care Limited owns and operates hospitals in Australia, and internationally. The company offers health care services to public and private patients. Ramsay Health Care Limited was founded in 1964 and is based in Sydney, Australia.

Ramsay Health Care Limited Fundamentals Summary

How do Ramsay Health Care's earnings and revenue compare to its market cap?
RHC fundamental statistics
Market cap	AU$7.62b
Earnings (TTM)	AU$8.00m
Revenue (TTM)	AU$17.12b

952.5x

P/E Ratio

0.4x

P/S Ratio

Is RHC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RHC income statement (TTM)
Revenue	AU$17.12b
Cost of Revenue	AU$15.06b
Gross Profit	AU$2.06b
Other Expenses	AU$2.05b
Earnings	AU$8.00m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 28, 2025

Earnings per share (EPS)	0.035
Gross Margin	12.03%
Net Profit Margin	0.047%
Debt/Equity Ratio	97.0%

How did RHC perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

2,289%

Payout Ratio

Does RHC pay a reliable dividends?

See RHC dividend history and benchmarks

When do you need to buy RHC by to receive an upcoming dividend?
Ramsay Health Care dividend dates
Ex Dividend Date	Mar 06 2025
Dividend Pay Date	Mar 27 2025
Days until Ex dividend	8 days
Days until Dividend pay date	13 days

Does RHC pay a reliable dividends?

See RHC dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/13 22:59
End of Day Share Price	2025/03/13 00:00
Earnings	2024/12/31
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ramsay Health Care Limited is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Hester	ANZ Equities Pty Limited
Saul Hadassin	Barrenjoey Markets Pty Limited
Lyanne Harrison	BofA Global Research

RHC Stock Overview

Rewards

Risk Analysis

Ramsay Health Care Limited Competitors

ASX:REG

AU$1.9b

ASX:MVF

AU$448.1m

ASX:PSQ

AU$320.0m

ASX:SHL

AU$12.2b

Price History & Performance

Recent News & Updates

Brookfield Reportedly to Launch Healthscope Sale Process

Ramsay Health Care Limited Announces Fully Franked Interim Dividend for Six Months Ended on December 31, 2024

Ramsay Health Care Limited, Annual General Meeting, Nov 25, 2025

RAM Essential Services Property Fund (ASX:REP) acquired Cairns Day Surgery from Ramsay Health Care Limited (ASX:RHC) for AUD 23 million.

Ramsay Health Care Limited to Report Fiscal Year 2025 Results on Aug 28, 2025

Final dividend increased to AU$0.40

Recent updates

Brookfield Reportedly to Launch Healthscope Sale Process

Ramsay Health Care Limited Announces Fully Franked Interim Dividend for Six Months Ended on December 31, 2024

Ramsay Health Care Limited, Annual General Meeting, Nov 25, 2025

RAM Essential Services Property Fund (ASX:REP) acquired Cairns Day Surgery from Ramsay Health Care Limited (ASX:RHC) for AUD 23 million.

Ramsay Health Care Limited to Report Fiscal Year 2025 Results on Aug 28, 2025

Final dividend increased to AU$0.40

Ramsay Health Care Limited to Report First Half, 2025 Results on Feb 27, 2025

Now 25% undervalued after recent price drop

Private Equity Reportedly Pursues Ramsay

Wesfarmers Reportedly Runs the Ruler over Ramsay Health Care

Upcoming dividend of AU$0.40 per share

First half dividend reduced to AU$0.40

Ramsay Health Care Limited, Annual General Meeting, Nov 26, 2024

New minor risk - Profit margin trend

First half 2024 earnings released

Ramsay Health Care Announces Appointment of Helen Kurincic as Non-Executive Director, Effective March 1, 2024

Full year 2023 earnings released: EPS: AU$1.16 (vs AU$1.10 in FY 2022)

Ramsay Health Care Limited to Report Fiscal Year 2024 Results on Aug 29, 2024

EQT Reportedly in Hunt for Ramsay Offload

Ramsay Health Care Limited to Report First Half, 2024 Results on Feb 29, 2024

Macquarie, Columbia Asia Reportedly Among Bidders for Ramsay-Sime Darby $1.3 Billion Healthcare JV

Citi Reportedly Launches Cura Sale Process with Bids Due Next Month

Upcoming dividend of AU$0.25 per share at 1.4% yield

Full year 2023 earnings released

Now 23% undervalued after recent price drop

Now 21% undervalued

Upcoming dividend of AU$0.50 per share at 1.4% yield

Second quarter 2023 earnings released: EPS: AU$0.58 (vs AU$0.42 in 2Q 2022)

Ramsay Reportedly Still Weighing Options for French Stake

Ramsay Health Care Limited Announces Dividend for the Six Months Period Ending April 19, 2023, Payable on April 20, 2023

Ramsay Reportedly Looks At Hospitals Sell-Off

Ramsay Health Care Limited, Annual General Meeting, Nov 21, 2023

A consortium of financial investors including Health Employees Superannuation Trust Australia and led by KKR & Co. Inc. (NYSE:KKR) cancelled the acquisition of Ramsay Health Care Limited (ASX:RHC).

Full year 2022 earnings released: EPS: AU$1.16 (vs AU$1.93 in FY 2021)

Ramsay Health Care Limited Announces Ordinary Distribution for the Six Months Ended June 30, 2022 Payable on September 29, 2022

Healius Reportedly Launches Day Surgery Sale Process

GIC Reportedly Eyes Ramsay Operating Company

Investor sentiment improved over the past week

Ramsay Health Care Limited Announces Franked Dividend on RHCPA - TRANS PREF 6-BBSW+ 4.85% PERP SUB RED T-10-10 for the Six Months Period Ending October 19, 2022, Payable on October 20, 2022

Upcoming dividend of AU$0.48 per share

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Ramsay Health Care Limited Announces Franked Dividend on RHCPA - TRANS PREF 6-BBSW+ 4.85% PERP SUB RED T-10-10 for the Six Months Period Ending April 19, 2022, Payable on April 20, 2022

Full year 2021 earnings released: EPS AU$1.93 (vs AU$1.31 in FY 2020)

Upcoming dividend of AU$1.03 per share

Full year 2021 earnings released: EPS AU$1.93 (vs AU$1.31 in FY 2020)

Chinese Owner’s Reportedly Hesitancy on Listing Spices Up Health Care Assets Sell-Off

Jefferies Reportedly Takes on Sale of Icon

Upcoming Dividend of AU$0.48 Per Share

Revenue beats expectations

New 90-day high: AU$68.20

Ramsay Health Care Limited, Annual General Meeting, Nov 24, 2021

Goldman Sachs Reportedly Advises on Icon Group’s Sale Plans

Ramsay Health Care Limited Enters New Agreement with NHS England

Ramsay Health Care Reportedly Seen as Potential Bidder for Cancer Care Provider Integrated Clinical Oncology

Ramsay Health Care Limited Announces Not to Provide Guidance for Fiscal Year 2021

New 90-day high: AU$69.75

Ramsay Health Care Varies Agreement with NHS England

New 90-day high: AU$69.53

Earnings released