Netcare Limited

BST:NH7 Stock Report

Market Cap: €977.9m

Netcare Valuation

Is NH7 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NH7 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NH7 (€0.7) is trading below our estimate of fair value (€1)

Significantly Below Fair Value: NH7 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NH7?

Key metric: As NH7 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NH7. This is calculated by dividing NH7's market cap by their current earnings.
What is NH7's PE Ratio?
PE Ratio13.2x
EarningsR1.41b
Market CapR18.70b

Price to Earnings Ratio vs Peers

How does NH7's PE Ratio compare to its peers?

The above table shows the PE ratio for NH7 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.8x
RHK RHÖN-KLINIKUM
20.6x7.5%€923.8m
M12 M1 Kliniken
17.4x16.0%€292.2m
LIK LIMES Schlosskliniken
22.2xn/a€95.0m
JTH Gesundheitswelt Chiemgau
6.8xn/a€23.8m
NH7 Netcare
13.2x16.9%€18.7b

Price-To-Earnings vs Peers: NH7 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (16.8x).

Price to Earnings Ratio vs Industry

How does NH7's PE Ratio compare vs other companies in the European Healthcare Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NH7 13.2xIndustry Avg. 18.0xNo. of Companies8PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NH7 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the European Healthcare industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is NH7's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NH7 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.2x
Fair PE Ratio26x

Price-To-Earnings vs Fair Ratio: NH7 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the estimated Fair Price-To-Earnings Ratio (26x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NH7 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.70
€0.88
+25.0%
13.1%€1.08€0.70n/a6
Dec ’25€0.69
€0.83
+19.8%
9.9%€0.92€0.69n/a6
Nov ’25€0.70
€0.77
+10.3%
12.6%€0.92€0.63n/a6
Oct ’25€0.72
€0.73
+1.9%
11.9%€0.89€0.61n/a6
Sep ’25€0.63
€0.73
+17.5%
11.9%€0.89€0.61n/a6
Aug ’25€0.59
€0.72
+21.6%
11.7%€0.89€0.61n/a7
Jul ’25€0.60
€0.72
+19.6%
11.7%€0.89€0.61n/a7
Jun ’25€0.50
€0.76
+52.7%
9.0%€0.86€0.64n/a7
May ’25€0.51
€0.80
+56.5%
8.1%€0.90€0.68n/a8
Apr ’25€0.52
€0.80
+53.5%
8.1%€0.90€0.68n/a8
Mar ’25€0.59
€0.82
+39.0%
6.6%€0.89€0.75n/a8
Feb ’25€0.62
€0.82
+32.3%
6.6%€0.89€0.75n/a8
Jan ’25€0.61
€0.84
+36.1%
7.2%€0.93€0.76n/a8
Dec ’24€0.61
€0.83
+34.9%
7.2%€0.92€0.76€0.698
Nov ’24€0.59
€0.84
+40.5%
7.7%€0.93€0.74€0.708
Oct ’24€0.62
€0.84
+34.9%
7.7%€0.93€0.74€0.728
Sep ’24€0.59
€0.82
+39.6%
7.6%€0.93€0.74€0.637
Aug ’24€0.65
€0.82
+26.7%
7.6%€0.93€0.74€0.597
Jul ’24€0.65
€0.81
+23.9%
7.3%€0.90€0.72€0.607
Jun ’24€0.58
€0.79
+36.7%
6.3%€0.87€0.71€0.507
May ’24€0.70
€0.86
+21.9%
6.3%€0.93€0.76€0.517
Apr ’24€0.69
€0.86
+24.6%
6.3%€0.93€0.76€0.527
Mar ’24€0.71
€0.90
+26.2%
5.9%€0.97€0.79€0.598
Feb ’24€0.69
€0.90
+30.4%
5.9%€0.97€0.79€0.628
Jan ’24€0.75
€0.90
+19.7%
3.8%€0.95€0.83€0.618
Dec ’23€0.70
€0.94
+33.8%
3.7%€1.00€0.87€0.618

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Netcare Limited is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rendani MagalelaAbsa Bank Limited
Sean UngererArqaam Capital Research Offshore S.A.L.
Simon MatherBarclays