A

Aspen Pharmacare Holdings Ltd
JSE:APN

Watchlist Manager
Aspen Pharmacare Holdings Ltd
JSE:APN
Watchlist
Price: 11 450 Zac 1.73% Market Closed
Market Cap: 50.9B Zac
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+12%
5Y
+29%
10Y
+20%
Operating Income
+
3Y
-85%
5Y
-80%
10Y
-83%
Net Income
+
3Y
-
5Y
-
10Y
-

Earnings Waterfall
Aspen Pharmacare Holdings Ltd

Revenue
43.4B ZAR
Cost of Revenue
-24.2B ZAR
Gross Profit
19.1B ZAR
Operating Expenses
-17.7B ZAR
Operating Income
1.4B ZAR
Other Expenses
-2.5B ZAR
Net Income
-1.1B ZAR

Income Statement
Aspen Pharmacare Holdings Ltd

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Income Statement
Currency: ZAR
Jun-2002 Dec-2002 Jun-2003 Dec-2003 Jun-2004 Dec-2004 Jun-2005 Dec-2005 Jun-2006 Dec-2006 Jun-2007 Dec-2007 Jun-2008 Dec-2008 Jun-2009 Dec-2009 Jun-2010 Dec-2010 Jun-2011 Dec-2011 Jun-2012 Dec-2012 Jun-2013 Dec-2013 Jun-2014 Dec-2014 Jun-2015 Dec-2015 Jun-2016 Dec-2016 Jun-2017 Dec-2017 Jun-2018 Dec-2018 Jun-2019 Dec-2019 Jun-2020 Dec-2020 Jun-2021 Dec-2021 Jun-2022 Dec-2022 Jun-2023 Dec-2023 Jun-2024 Dec-2024 Jun-2025
Revenue
Interest Expense
64
0
67
0
37
0
0
64
114
0
207
177
357
516
653
0
576
278
637
746
755
780
842
902
1 296
1 733
1 832
1 900
1 800
1 736
1 900
1 900
1 754
1 757
1 953
1 776
1 470
1 258
994
831
573
539
1 120
1 736
2 166
2 024
1 643
Revenue
1 583
N/A
1 807
+14%
1 901
+5%
2 054
+8%
2 202
+7%
2 472
+12%
2 869
+16%
3 175
+11%
3 449
+9%
3 698
+7%
4 026
+9%
4 320
+7%
4 881
+13%
6 793
+39%
8 450
+24%
8 818
+4%
10 147
+15%
10 845
+7%
12 383
+14%
14 144
+14%
15 256
+8%
16 748
+10%
19 308
+15%
22 287
+15%
29 515
+32%
35 572
+21%
36 127
+2%
35 605
-1%
35 600
0%
37 888
+6%
41 200
+9%
43 300
+5%
38 314
-12%
56 192
+47%
35 514
-37%
33 620
-5%
33 659
+0%
36 308
+8%
37 766
+4%
38 514
+2%
38 606
+0%
38 375
-1%
40 709
+6%
42 700
+5%
44 706
+5%
45 525
+2%
43 363
-5%
Gross Profit
Cost of Revenue
(831)
(998)
(1 040)
(1 083)
(1 144)
(1 272)
(1 477)
(1 618)
(1 789)
(1 906)
(2 084)
(2 272)
(2 659)
(3 714)
(4 564)
(4 773)
(5 542)
(5 897)
(6 770)
(7 504)
(7 980)
(8 680)
(10 077)
(11 846)
(15 793)
(18 957)
(18 872)
(17 992)
(17 700)
(19 318)
(21 300)
(21 700)
(18 628)
(26 837)
(16 930)
(16 278)
(16 524)
(18 414)
(19 977)
(20 516)
(20 300)
(20 498)
(21 775)
(23 420)
(25 252)
(24 929)
(24 234)
Gross Profit
752
N/A
809
+8%
861
+6%
971
+13%
1 058
+9%
1 200
+13%
1 392
+16%
1 557
+12%
1 660
+7%
1 792
+8%
1 942
+8%
2 049
+6%
2 223
+8%
3 080
+39%
3 886
+26%
4 046
+4%
4 604
+14%
4 948
+7%
5 614
+13%
6 640
+18%
7 276
+10%
8 068
+11%
9 231
+14%
10 442
+13%
13 722
+31%
16 615
+21%
17 254
+4%
17 613
+2%
17 900
+2%
18 570
+4%
19 900
+7%
21 600
+9%
19 686
-9%
29 355
+49%
18 584
-37%
17 342
-7%
17 135
-1%
17 894
+4%
17 789
-1%
17 998
+1%
18 306
+2%
17 877
-2%
18 934
+6%
19 280
+2%
19 454
+1%
20 596
+6%
19 129
-7%
Operating Income
Operating Expenses
(367)
(378)
(414)
(467)
(504)
(576)
(634)
(996)
(765)
(785)
(865)
(851)
(990)
(1 344)
(1 703)
(1 747)
(1 990)
(2 120)
(2 464)
(3 053)
(3 335)
(3 643)
(4 119)
(5 003)
(6 192)
(7 752)
(8 610)
(7 394)
(7 700)
(11 059)
(10 300)
(12 800)
(9 922)
(16 715)
(9 833)
(14 116)
(9 960)
(11 720)
(9 954)
(9 888)
(8 447)
(9 868)
(10 048)
(11 854)
(10 562)
(13 202)
(17 692)
Selling, General & Administrative
(573)
0
(366)
(207)
(436)
(497)
(556)
(603)
(658)
(688)
(745)
(788)
(944)
(1 247)
(1 586)
(1 768)
(1 925)
(1 974)
(2 288)
(2 803)
(3 069)
(3 333)
(3 710)
(4 346)
(6 054)
(7 641)
(8 432)
(8 490)
(8 500)
(9 048)
(9 300)
(10 400)
(9 449)
(14 382)
(9 260)
(8 972)
(8 664)
(9 090)
(8 876)
(8 806)
(8 308)
(8 873)
(9 185)
(9 803)
(9 886)
(10 510)
(10 992)
Research & Development
(8)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation & Amortization
(113)
(46)
0
0
0
0
0
(67)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
(700)
0
(800)
0
(562)
0
(549)
0
(240)
0
(248)
0
(231)
0
(241)
0
(252)
0
0
Other Operating Expenses
328
(332)
(48)
(260)
(69)
(80)
(78)
(325)
(107)
(97)
(120)
(63)
(46)
(98)
(117)
21
(64)
(146)
(177)
(252)
(267)
(310)
(409)
(657)
(138)
(111)
(178)
1 096
1 500
(2 010)
(200)
(2 400)
89
(2 333)
(24)
(5 144)
(1 056)
(2 630)
(830)
(1 082)
92
(995)
(622)
(2 051)
(424)
(2 692)
(6 700)
Operating Income
384
N/A
431
+12%
447
+4%
504
+13%
554
+10%
624
+13%
758
+21%
562
-26%
895
+59%
1 008
+13%
1 077
+7%
1 198
+11%
1 232
+3%
1 735
+41%
2 183
+26%
2 299
+5%
2 615
+14%
2 827
+8%
3 149
+11%
3 587
+14%
3 941
+10%
4 425
+12%
5 112
+16%
5 438
+6%
7 530
+38%
8 863
+18%
8 644
-2%
10 220
+18%
10 200
0%
7 511
-26%
9 600
+28%
8 800
-8%
9 764
+11%
12 640
+29%
8 751
-31%
3 226
-63%
7 175
+122%
6 174
-14%
7 835
+27%
8 110
+4%
9 859
+22%
8 009
-19%
8 886
+11%
7 426
-16%
8 892
+20%
7 394
-17%
1 437
-81%
Pre-Tax Income
Interest Income Expense
(48)
(50)
(38)
(64)
(13)
(30)
(46)
(61)
(41)
(89)
(63)
(64)
(35)
(245)
(486)
(416)
(376)
(316)
(382)
(526)
(476)
(432)
(500)
(552)
(774)
(1 524)
(1 930)
(1 497)
(1 500)
(1 796)
(1 700)
(1 200)
(1 145)
(1 821)
(1 589)
(1 538)
(1 305)
(1 249)
(825)
(494)
(281)
(530)
(1 025)
(1 047)
(1 171)
(1 340)
(1 488)
Non-Reccuring Items
8
2
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(69)
0
(105)
0
(194)
0
(1 200)
0
(1 300)
0
(1 258)
0
(4 467)
0
(1 445)
0
(763)
0
(1 188)
0
(1 064)
0
(1 894)
0
0
Total Other Income
0
0
(19)
(1)
(12)
0
(8)
(1)
1
0
(4)
1
10
13
7
4
4
2
(30)
(35)
(25)
(60)
(54)
(145)
(294)
(345)
18
(844)
(1 400)
(668)
(400)
(400)
(617)
(841)
(344)
(226)
(227)
(249)
(258)
(256)
(256)
(241)
(242)
(214)
(113)
(63)
(72)
Pre-Tax Income
344
N/A
384
+12%
389
+1%
440
+13%
528
+20%
594
+13%
704
+19%
500
-29%
855
+71%
919
+7%
1 009
+10%
1 135
+12%
1 208
+6%
1 503
+24%
1 705
+13%
1 887
+11%
2 243
+19%
2 513
+12%
2 737
+9%
3 025
+11%
3 440
+14%
3 933
+14%
4 489
+14%
4 741
+6%
6 357
+34%
6 994
+10%
6 538
-7%
7 879
+21%
6 100
-23%
5 048
-17%
6 200
+23%
7 200
+16%
6 744
-6%
9 978
+48%
2 351
-76%
1 462
-38%
4 198
+187%
4 676
+11%
5 989
+28%
7 360
+23%
8 134
+11%
7 238
-11%
6 555
-9%
6 165
-6%
5 714
-7%
5 991
+5%
(123)
N/A
Net Income
Tax Provision
(112)
(127)
(116)
(134)
(173)
(195)
(209)
(230)
(217)
(237)
(292)
(311)
(343)
(400)
(362)
(380)
(468)
(537)
(582)
(649)
(772)
(928)
(975)
(981)
(1 351)
(1 460)
(1 339)
(1 807)
(1 800)
(1 278)
(1 100)
(1 200)
(1 122)
(1 672)
(671)
(591)
(818)
(894)
(1 191)
(1 479)
(1 646)
(1 436)
(1 327)
(1 297)
(1 310)
(1 513)
(960)
Income from Continuing Operations
232
257
273
307
356
399
496
271
638
682
718
824
864
1 104
1 343
1 507
1 775
1 977
2 155
2 376
2 668
3 006
3 514
3 761
5 006
5 534
5 199
6 071
4 300
3 770
5 100
6 000
5 622
8 306
1 680
871
3 380
3 782
4 798
5 881
6 488
5 802
5 228
4 868
4 404
4 478
(1 083)
Income to Minority Interest
(6)
(7)
(3)
(1)
0
0
0
0
0
(1)
0
1
(2)
(9)
(13)
(14)
11
5
(11)
(7)
(9)
(2)
6
8
2
3
2
(12)
0
0
0
0
(1)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
226
N/A
250
+11%
271
+8%
306
+13%
356
+16%
399
+12%
494
+24%
271
-45%
638
+135%
682
+7%
717
+5%
825
+15%
863
+5%
1 108
+28%
1 340
+21%
1 539
+15%
1 990
+29%
2 262
+14%
2 578
+14%
2 918
+13%
2 818
-3%
3 005
+7%
3 520
+17%
3 769
+7%
5 008
+33%
5 537
+11%
5 201
-6%
6 059
+16%
4 300
-29%
3 782
-12%
5 100
+35%
6 000
+18%
6 037
+1%
8 974
+49%
6 463
-28%
6 155
-5%
4 664
-24%
4 584
-2%
4 806
+5%
5 617
+17%
6 488
+16%
5 802
-11%
5 228
-10%
4 868
-7%
4 404
-10%
4 478
+2%
(1 083)
N/A
EPS (Diluted)
0.61
N/A
0.68
+11%
0.74
+9%
0.83
+12%
0.96
+16%
1.11
+16%
1.38
+24%
0.76
-45%
1.76
+132%
1.86
+6%
1.98
+6%
2.26
+14%
2.3
+2%
3.11
+35%
3.49
+12%
4.19
+20%
4.67
+11%
5.23
+12%
5.67
+8%
6.7
+18%
6.46
-4%
6.58
+2%
7.72
+17%
8.26
+7%
10.98
+33%
12.13
+10%
11.4
-6%
13.28
+16%
9.42
-29%
8.29
-12%
11.17
+35%
13.15
+18%
13.22
+1%
19.65
+49%
14.15
-28%
13.48
-5%
10.21
-24%
10.04
-2%
10.51
+5%
12.3
+17%
14.32
+16%
13.06
-9%
11.77
-10%
10.96
-7%
9.91
-10%
10.08
+2%
-2.44
N/A

See Also

Summary
APN intrinsic value, competitors valuation, and company profile.
DCF Valuation
APN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
APN stock valuation using valuation multiples.
Wall Street Estimates
APN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
APN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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