Stock Analysis
- South Africa
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- Healthcare Services
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- JSE:NTC
Netcare First Half 2023 Earnings: EPS: R0.46 (vs R0.31 in 1H 2022)
Netcare (JSE:NTC) First Half 2023 Results
Key Financial Results
- Revenue: R11.5b (up 12% from 1H 2022).
- Net income: R641.0m (up 55% from 1H 2022).
- Profit margin: 5.6% (up from 4.0% in 1H 2022). The increase in margin was driven by higher revenue.
- EPS: R0.46 (up from R0.31 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Netcare Earnings Insights
Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Healthcare industry in Africa.
Performance of the market in South Africa.
The company's shares are down 6.5% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Netcare that you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Netcare is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About JSE:NTC
Netcare
Netcare Limited, an investment holding company, operates private hospitals in South Africa.
Very undervalued with proven track record and pays a dividend.