NMC Health Plc provides healthcare services in the United Arab Emirates, the United Kingdom, Spain, and internationally.
Very undervalued with reasonable growth potential and pays a dividend.
Share Price & News
How has NMC Health's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NMC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NMC underperformed the UK Healthcare industry which returned -29.6% over the past year.
Return vs Market: NMC underperformed the UK Market which returned -19.4% over the past year.
Price Volatility Vs. Market
How volatile is NMC Health's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAre You An Income Investor? Don't Miss Out On NMC Health Plc (LON:NMC)
1 month ago | Simply Wall StDoes NMC Health Plc's (LON:NMC) CEO Pay Reflect Performance?
2 months ago | Simply Wall StHow Does NMC Health's (LON:NMC) P/E Compare To Its Industry, After The Share Price Drop?
Is NMC Health undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NMC (£0) is trading below our estimate of fair value (£14.1)
Significantly Below Fair Value: NMC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NMC is good value based on its PE Ratio (0x) compared to the Healthcare industry average (17.2x).
PE vs Market: NMC is good value based on its PE Ratio (0x) compared to the UK market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: NMC is good value based on its PEG Ratio (0x)
Price to Book Ratio
PB vs Industry: NMC is good value based on its PB Ratio (0x) compared to the GB Healthcare industry average (1.3x).
How is NMC Health forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NMC's forecast earnings growth (17.4% per year) is above the savings rate (0.5%).
Earnings vs Market: NMC's earnings (17.4% per year) are forecast to grow faster than the UK market (15.5% per year).
High Growth Earnings: NMC's earnings are forecast to grow, but not significantly.
Revenue vs Market: NMC's revenue (9.3% per year) is forecast to grow faster than the UK market (2.5% per year).
High Growth Revenue: NMC's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NMC's Return on Equity is forecast to be high in 3 years time (25.7%)
How has NMC Health performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMC has high quality earnings.
Growing Profit Margin: NMC's current net profit margins (11.4%) are lower than last year (12.2%).
Past Earnings Growth Analysis
Earnings Trend: NMC's earnings have grown significantly by 29.3% per year over the past 5 years.
Accelerating Growth: NMC's earnings growth over the past year (25.9%) is below its 5-year average (29.3% per year).
Earnings vs Industry: NMC earnings growth over the past year (25.9%) underperformed the Healthcare industry 55.5%.
Return on Equity
High ROE: NMC's Return on Equity (16.3%) is considered low.
How is NMC Health's financial position?
Financial Position Analysis
Short Term Liabilities: NMC's short term assets ($1.5B) exceed its short term liabilities ($887.7M).
Long Term Liabilities: NMC's short term assets ($1.5B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: NMC's debt to equity ratio (124.1%) is considered high.
Reducing Debt: NMC's debt to equity ratio has increased from 78.6% to 124.1% over the past 5 years.
Debt Coverage: NMC's debt is well covered by operating cash flow (27.6%).
Interest Coverage: NMC's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is NMC Health's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NMC's dividend (17580.85%) is higher than the bottom 25% of dividend payers in the UK market (2.45%).
High Dividend: NMC's dividend (17580.85%) is in the top 25% of dividend payers in the UK market (6.57%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NMC has been paying a dividend for less than 10 years.
Growing Dividend: NMC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.8%), NMC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NMC's dividends in 3 years are forecast to be thoroughly covered by earnings (13% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael Brenden Davis has been Chief Operations Officer of Healthcare at NMC Health Plc since August 2017 and Interim Chief Executive Officer since February 26, 2020. Mr. Davis has been a Director of N ...
|Executive Chairman||0.083yr||no data||no data|
|Interim CEO & COO||0.17yr||no data||0.0041% $8.5|
|Head of Technology Investments & Digital Strategy||no data||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Chief Restructuring Officer||0.083yr||no data||no data|
|Group Company Secretary||no data||no data||no data|
|Chief Operating Officer of Distribution||2.5yrs||US$100.87k||no data|
Experienced Management: NMC's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.
|Executive Chairman||0.083yr||no data||no data|
|Independent Non-Executive Director||5.83yrs||no data||0.0058% $12.1|
|Independent Non Executive Director||8.08yrs||no data||0.0071% $14.9|
|Senior Independent Non-Executive Director||no data||no data||0.0096% $20.0|
|Independent Non-Executive Director||5.83yrs||no data||no data|
|Independent Non-Executive Director||1yr||no data||no data|
Experienced Board: NMC's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NMC 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.
NMC Health Plc's company bio, employee growth, exchange listings and data sources
- Name: NMC Health Plc
- Ticker: NMC
- Exchange: LSE
- Founded: 1975
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: UK£208.703k
- Shares outstanding: 208.70m
- Website: https://nmc.ae
Number of Employees
- NMC Health Plc
- Devonshire House
- Level 1
- Greater London
- W1J 8AJ
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NMC||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Apr 2012|
|NMCL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Apr 2012|
|NMMC.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Apr 2012|
|NMHL.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Jul 2015|
NMC Health Plc provides healthcare services in the United Arab Emirates, the United Kingdom, Spain, and internationally. The company operates through two segments, Healthcare, and Distribution & Services. It owns and manages approximately 200 healthcare facilities, including hospitals, medical centers, long term care facilities, day surgery centers, fertility clinics, and home health services providers. The company offers medical services comprising diagnostic, and in and outpatient services, as well as research and medical services in the field of gynecology, obstetrics, and human reproduction; and management services in respect of hospitals, as well as retails pharmaceutical goods. It also trades in pharmaceutical goods, medical equipment, cosmetics, and food products. NMC Health Plc was founded in 1975 and is based in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 04:25|
|End of Day Share Price||2020/04/09 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.