Netcare Future Growth

Future criteria checks 3/6

Netcare is forecast to grow earnings and revenue by 19.6% and 6.5% per annum respectively. EPS is expected to grow by 19.8% per annum. Return on equity is forecast to be 17.9% in 3 years.

Key information

19.6%

Earnings growth rate

19.8%

EPS growth rate

Healthcare earnings growth	21.0%
Revenue growth rate	6.5%
Future return on equity	17.9%
Analyst coverage	Good
Last updated	12 Apr 2024

Recent future growth updates

Netcare Limited Beat Revenue Forecasts By 6.6%: Here's What Analysts Are Forecasting Next

May 26

Recent updates

Netcare Limited Beat Revenue Forecasts By 6.6%: Here's What Analysts Are Forecasting Next

May 26

Netcare's (JSE:NTC) Dividend Will Be Increased To ZAR0.30

May 25

Some Investors May Be Worried About Netcare's (JSE:NTC) Returns On Capital

Apr 25

Is Netcare (JSE:NTC) Using Too Much Debt?

Mar 17

Netcare (JSE:NTC) Has Announced That Its Dividend Will Be Reduced To ZAR0.30

Jan 19

Netcare (JSE:NTC) Has Announced That Its Dividend Will Be Reduced To ZAR0.30

Jan 05

Netcare's (JSE:NTC) Shareholders Will Receive A Smaller Dividend Than Last Year

Dec 16

Netcare's (JSE:NTC) Dividend Will Be Reduced To ZAR0.30

Nov 24

Calculating The Fair Value Of Netcare Limited (JSE:NTC)

Aug 31

We Think Netcare (JSE:NTC) Can Stay On Top Of Its Debt

Aug 12

Investors Appear Satisfied With Netcare Limited's (JSE:NTC) Prospects

Jul 28

Earnings and Revenue Growth Forecasts

JSE:NTC - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2026	28,804	2,310	1,791	4,195	8
9/30/2025	27,311	1,998	1,544	3,748	9
9/30/2024	25,602	1,643	838	3,656	9
9/30/2023	23,699	1,257	1,181	2,688	N/A
6/30/2023	23,281	1,214	1,186	2,647	N/A
3/31/2023	22,862	1,178	1,190	2,606	N/A
12/31/2022	22,249	1,077	1,203	2,609	N/A
9/30/2022	21,636	967	1,216	2,612	N/A
6/30/2022	21,533	881	1,253	2,492	N/A
3/31/2022	21,430	794	1,290	2,371	N/A
12/31/2021	21,315	762	1,226	2,338	N/A
9/30/2021	21,200	730	1,161	2,305	N/A
6/30/2021	19,706	438	226	1,308	N/A
3/31/2021	18,211	146	-710	311	N/A
12/31/2020	18,527	262	-920	90	N/A
9/30/2020	18,843	378	-1,131	-132	N/A
6/30/2020	20,313	1,139	139	1,330	N/A
3/31/2020	21,782	1,899	1,408	2,791	N/A
12/31/2019	21,686	2,138	1,599	3,005	N/A
9/30/2019	21,589	2,377	1,789	3,218	N/A
6/30/2019	21,430	2,247	1,628	2,977	N/A
3/31/2019	21,271	2,116	1,467	2,736	N/A
12/31/2018	20,994	1,625	1,218	2,610	N/A
9/30/2018	20,717	1,134	969	2,483	N/A
6/30/2018	20,295	2,469	N/A	N/A	N/A
3/31/2018	19,873	3,804	346	2,575	N/A
12/31/2017	19,494	4,258	210	2,548	N/A
9/30/2017	19,114	4,711	74	2,521	N/A
3/31/2017	28,122	1,375	N/A	3,315	N/A
12/31/2016	32,926	1,511	N/A	3,417	N/A
9/30/2016	37,729	1,646	N/A	3,519	N/A
6/30/2016	37,009	2,106	N/A	3,239	N/A
3/31/2016	36,221	2,552	N/A	2,959	N/A
12/31/2015	34,966	2,479	N/A	2,971	N/A
9/30/2015	33,711	2,406	N/A	2,983	N/A
6/30/2015	33,194	2,338	N/A	2,988	N/A
3/31/2015	32,676	2,270	N/A	2,993	N/A
12/31/2014	32,230	2,186	N/A	2,903	N/A
9/30/2014	31,783	2,102	N/A	2,812	N/A
6/30/2014	30,717	1,975	N/A	2,522	N/A
3/31/2014	29,650	1,847	N/A	2,231	N/A
12/31/2013	28,516	3,444	N/A	2,184	N/A
9/30/2013	27,382	5,040	N/A	2,137	N/A
6/30/2013	26,702	2,012	N/A	2,300	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NTC's forecast earnings growth (19.6% per year) is above the savings rate (9.5%).

Earnings vs Market: NTC's earnings (19.6% per year) are forecast to grow faster than the ZA market (16.5% per year).

High Growth Earnings: NTC's earnings are forecast to grow, but not significantly.

Revenue vs Market: NTC's revenue (6.5% per year) is forecast to grow faster than the ZA market (3.4% per year).

High Growth Revenue: NTC's revenue (6.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NTC's Return on Equity is forecast to be low in 3 years time (17.9%).

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Netcare Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Netcare Limited Provides Earnings Guidance for the Year Ended 30 September 2023

Netcare Limited Beat Revenue Forecasts By 6.6%: Here's What Analysts Are Forecasting Next

Netcare Limited Provides Group Earnings Guidance for the Six Months Ended 31 March 2023

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Recent updates

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Capital Allocation Trends At Netcare (JSE:NTC) Aren't Ideal

Netcare Limited to Report First Half, 2024 Results on May 20, 2024

Is Netcare (JSE:NTC) A Risky Investment?

Upcoming dividend of R0.35 per share at 5.1% yield

Netcare Limited, Annual General Meeting, Feb 02, 2024

Managing Director of Hospitals recently sold R1.7m worth of stock

Investors Could Be Concerned With Netcare's (JSE:NTC) Returns On Capital

Full year 2023 earnings: EPS misses analyst expectations

Netcare Limited Announces Changes to the Board

Now 20% undervalued

Netcare Limited Provides Earnings Guidance for the Year Ended 30 September 2023

Netcare Limited to Report Fiscal Year 2023 Results on Nov 20, 2023

Netcare Limited(JSE:NTC) dropped from FTSE All-World Index (USD)

Netcare Limited Announces Retirement of Richard Friedland as an Executive Director, Effective 30 September 2024

Upcoming dividend of R0.30 per share at 4.2% yield

Netcare (JSE:NTC) Is Paying Out A Larger Dividend Than Last Year

Netcare (JSE:NTC) Is Paying Out A Larger Dividend Than Last Year

Netcare Limited Announces Change to the Board of Directors

Netcare Limited Beat Revenue Forecasts By 6.6%: Here's What Analysts Are Forecasting Next

Netcare's (JSE:NTC) Dividend Will Be Increased To ZAR0.30

First half 2023 earnings released: EPS: R0.46 (vs R0.31 in 1H 2022)

Netcare Limited Announces Interim Dividend in Respect of the Period Ended 31 March 2023, Payable on 17 July 2023

Netcare Limited Provides Group Earnings Guidance for the Six Months Ended 31 March 2023

Some Investors May Be Worried About Netcare's (JSE:NTC) Returns On Capital

Is Netcare (JSE:NTC) Using Too Much Debt?

Netcare Limited to Report First Half, 2023 Results on May 22, 2023

Netcare Limited Approves Audit Committee Changes

Netcare (JSE:NTC) Has Announced That Its Dividend Will Be Reduced To ZAR0.30

Upcoming dividend of R0.30 per share

Netcare (JSE:NTC) Has Announced That Its Dividend Will Be Reduced To ZAR0.30

Netcare's (JSE:NTC) Shareholders Will Receive A Smaller Dividend Than Last Year

Netcare Limited, Annual General Meeting, Feb 03, 2023

Netcare's (JSE:NTC) Dividend Will Be Reduced To ZAR0.30

Netcare Limited Declares Final Dividend for the Year 2022

Netcare Limited to Report Fiscal Year 2022 Results on Nov 21, 2022

Managing Director of Hospitals recently sold R183k worth of stock

Netcare Limited to Report Fiscal Year 2022 Results on Nov 21, 2022

Now 20% undervalued after recent price drop

Calculating The Fair Value Of Netcare Limited (JSE:NTC)

We Think Netcare (JSE:NTC) Can Stay On Top Of Its Debt

Investors Appear Satisfied With Netcare Limited's (JSE:NTC) Prospects

Netcare Limited Announces Resignation of Thevendrie Brewer as Chair and Independent Non-Executive Director, Effective 31 December 2022

Now 21% undervalued after recent price drop

Upcoming dividend of R0.20 per share

First half 2022 earnings released

Netcare Limited Declares Interim Dividend for the Six Months Ended 31 March 2022

Netcare Limited to Report Q2, 2022 Results on May 23, 2022

Upcoming dividend of R0.34 per share

Consensus forecasts updated

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Consensus forecasts updated

First half 2021 earnings released: EPS R0.26 (vs R0.44 in 1H 2020)

Group CEO & Executive Director exercised options to buy R1.4m worth of stock.

Investor sentiment improved over the past week

New 90-day high: R15.49

Analysts update estimates

New 90-day low: R12.28

Full year 2020 earnings released: EPS R0.28

Netcare Limited, Annual General Meeting, Feb 05, 2021

Analysts update estimates

Netcare Limited to Report Fiscal Year 2020 Results on Nov 23, 2020

New 90-day low: R12.40

Analysts update estimates

New 90-day low - R12.85

New 90-day low - R13.17

orporation Limited acquired an unknown stake in Netcare Limited (JSE:NTC).