Company Valuation: Netcare Limited

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 21,636 18,344 17,968 19,232 17,307 21,268 - -
Change - -15.22% -2.05% 7.03% -10.01% 22.89% - -
Enterprise Value (EV) 1 31,059 27,703 27,988 30,079 28,383 32,622 32,279 31,746
Change - -10.81% 1.03% 7.47% -5.64% 14.94% -1.05% -1.65%
P/E 29.8x 19.1x 14.4x 14.2x 10.7x 11.7x 10.4x 9.09x
PBR 2.18x 1.79x 1.6x 1.76x 1.56x 2.01x 1.86x 1.65x
PEG - 0.6x 0.5x 0.9x 0.5x 0.7x 0.8x 0.6x
Capitalization / Revenue 1.02x 0.85x 0.76x 0.76x 0.66x 0.77x 0.74x 0.71x
EV / Revenue 1.47x 1.28x 1.18x 1.19x 1.08x 1.18x 1.12x 1.05x
EV / EBITDA 9.57x 7.95x 7.01x 6.7x 5.76x 6.22x 5.82x 5.4x
EV / EBIT 15x 12.1x 10.3x 9.52x 7.94x 8.48x 7.82x 7.13x
EV / FCF 26.5x 56.8x 75x 85.9x 34.7x 22.7x 15.1x 14.7x
FCF Yield 3.78% 1.76% 1.33% 1.16% 2.88% 4.41% 6.61% 6.82%
Dividend per Share 2 0.34 0.5 0.65 0.7 0.85 0.971 1.088 1.217
Rate of return 2.1% 3.64% 4.81% 4.54% 5.99% 5.37% 6.02% 6.73%
EPS 2 0.543 0.717 0.935 1.089 1.329 1.549 1.743 1.987
Distribution rate 62.6% 69.7% 69.5% 64.3% 64% 62.7% 62.4% 61.2%
Net sales 1 21,200 21,636 23,699 25,202 26,344 27,580 28,822 30,134
EBITDA 1 3,244 3,485 3,990 4,491 4,928 5,246 5,547 5,879
EBIT 1 2,076 2,282 2,716 3,159 3,575 3,846 4,128 4,452
Net income 1 769 1,013 1,321 1,436 1,681 1,958 2,158 2,494
Net Debt 1 9,423 9,359 10,020 10,847 11,076 11,353 11,011 10,478
Reference price 2 16.20 13.72 13.50 15.41 14.20 18.07 18.07 18.07
Nbr of stocks (in thousands) 1,335,547 1,337,000 1,331,000 1,248,047 1,218,789 1,177,000 - -
Announcement Date 11/22/21 A 11/21/22 A 11/21/23 A 11/22/24 A 11/24/25 A - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.67x1.18x6.22x5.37% 1.32B
13.88x0.42x8.7x2.79% 122B
14.23x1.8x8.97x0.74% 91.19B
13.65x1.5x9.01x2.62% 29.28B
22.75x2.54x12.9x1.46% 25.51B
31.88x5.78x24.03x2.19% 21.69B
8x1.43x6.51x-.--% 21.21B
17.49x1.6x8.05x4.51% 16.28B
13.26x0.98x5.49x3.71% 11.86B
12.44x1.58x7.67x0.92% 11.56B
Average 15.92x 1.88x 9.76x 2.43% 35.18B
Weighted average by Cap. 15.44x 1.53x 9.73x 2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. NTC Stock
  4. Valuation Netcare Limited
40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!