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Netcare Ltd
JSE:NTC

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Netcare Ltd
JSE:NTC
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Price: 1 750 Zac -0.11% Market Closed
Market Cap: 24B ZAR

EV/OCF

13.8
Current
4%
Cheaper
vs 3-y average of 14.3

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.8
=
Enterprise Value
Zac32.4B
/
Operating Cash Flow
2.4B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.8
=
Enterprise Value
Zac32.4B
/
Operating Cash Flow
2.4B

Valuation Scenarios

Netcare Ltd is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (14.3), the stock would be worth Zac1 815.67 (4% upside from current price).

Statistics
Positive Scenarios
2/3
Maximum Downside
-6%
Maximum Upside
+4%
Average Upside
0%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 13.8 Zac1 750
0%
3-Year Average 14.3 Zac1 815.67
+4%
5-Year Average 14.2 Zac1 796.81
+3%
Country Average 12.9 Zac1 637.67
-6%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close

Market Distribution

In line with most companies in South Africa
Percentile
50th
Based on 20 companies
50th percentile
13.8
Low
5 — 10.5
Typical Range
10.5 — 130.1
High
130.1 —
Distribution Statistics
South Africa
Min 5
30th Percentile 10.5
Median 12.9
70th Percentile 130.1
Max 687

Netcare Ltd
Glance View

Market Cap
24B 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 19%
Intrinsic Value
Price Zac1 750
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