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Netcare Ltd
JSE:NTC

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Netcare Ltd
JSE:NTC
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Price: 1 709 Zac 0.89% Market Closed
Market Cap: 23.4B ZAR

EV/IC

1.4
Current
15%
More Expensive
vs 3-y average of 1.3

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.4
=
Enterprise Value
Zac32.4B
/
Invested Capital
23.1B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.4
=
Enterprise Value
Zac32.4B
/
Invested Capital
23.1B

Valuation Scenarios

Netcare Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.3), the stock would be worth Zac1 486.3 (13% downside from current price).

Statistics
Positive Scenarios
1/3
Maximum Downside
-13%
Maximum Upside
+203%
Average Upside
59%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.4 Zac1 709
0%
3-Year Average 1.3 Zac1 486.3
-13%
5-Year Average 1.3 Zac1 498.8
-12%
Country Average 4.4 Zac5 181.41
+203%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

In line with most companies in South Africa
Percentile
46th
Based on 21 companies
46th percentile
1.4
Low
0.2 — 0.9
Typical Range
0.9 — 4.4
High
4.4 —
Distribution Statistics
South Africa
Min 0.2
30th Percentile 0.9
Median 4.4
70th Percentile 4.4
Max 21.4

Netcare Ltd
Glance View

Market Cap
23.4B Zac
Industry
Health Care

Netcare Ltd., headquartered in Johannesburg, South Africa, is a prominent player in the private healthcare sector, weaving its services through a robust network of hospitals and healthcare facilities. Founded in 1996, Netcare has steadily transformed from a local player into a healthcare giant with operations that echo across the African continent and extend into parts of Europe, following strategic expansions and partnerships. The core of its business revolves around providing acute care, which includes emergency services, surgery, and specialized treatment. Netcare prides itself on leveraging state-of-the-art medical technology and facilities backed by competent healthcare professionals to ensure excellence in patient care. This patient-centric approach, combined with innovative healthcare solutions, bolsters its reputation and attracts a steady flow of patients who prefer private healthcare services. Netcare generates revenue through various channels aligned with its comprehensive service offerings. Primarily, it earns from patient fees for services rendered across its numerous hospitals, day clinics, and emergency care facilities. Additionally, it benefits from collaborations and associations with healthcare insurers, ensuring a steady inflow of patients under healthcare plans. Beyond the hospital walls, Netcare’s operations encompass primary care networks and healthcare management services, providing end-to-end solutions that go beyond traditional hospital care. The company’s adept integration of healthcare services not only drives patient loyalty but also stabilizes its economic footing in volatile markets, making it a resilient contender in the healthcare industry landscape.

NTC Intrinsic Value
2 172.86 Zac
Undervaluation 21%
Intrinsic Value
Price Zac1 709
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