Raffles Medical Group Ltd
SGX:BSL

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Raffles Medical Group Ltd
SGX:BSL
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Price: 1 SGD Market Closed
Market Cap: 1.9B SGD

Relative Value

The Relative Value of one BSL stock under the Base Case scenario is 1.04 SGD. Compared to the current market price of 1 SGD, Raffles Medical Group Ltd is Undervalued by 4%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BSL Relative Value
Base Case
1.04 SGD
Undervaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
80
vs Industry
41
Median 3Y
2.7
Median 5Y
2.9
Industry
2.2
Forward
2.3
vs History
4
vs Industry
19
Median 3Y
22.3
Median 5Y
25.4
Industry
21.5
Forward
26.4
vs History
0
vs Industry
17
Median 3Y
13.1
Median 5Y
13.5
Industry
13.7
vs History
0
vs Industry
9
Median 3Y
30.3
Median 5Y
24.4
Industry
20.1
vs History
71
vs Industry
45
Median 3Y
2.2
Median 5Y
2.2
Industry
2.1
vs History
84
vs Industry
44
Median 3Y
2.5
Median 5Y
2.8
Industry
2.3
Forward
2.1
vs History
79
vs Industry
62
Median 3Y
2.9
Median 5Y
3.4
Industry
4.8
vs History
34
vs Industry
26
Median 3Y
11.5
Median 5Y
12.8
Industry
11.5
Forward
12.5
vs History
25
vs Industry
22
Median 3Y
15.7
Median 5Y
17.3
Industry
15.7
Forward
18.6
vs History
0
vs Industry
20
Median 3Y
12.4
Median 5Y
13
Industry
13.6
vs History
19
vs Industry
18
Median 3Y
14.5
Median 5Y
21.2
Industry
17.3
vs History
60
vs Industry
41
Median 3Y
1.9
Median 5Y
1.9
Industry
1.8

Multiples Across Competitors

BSL Competitors Multiples
Raffles Medical Group Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Raffles Medical Group Ltd
SGX:BSL
1.9B SGD 2.5 29.9 13.2 19.9
US
HCA Healthcare Inc
NYSE:HCA
92.7B USD 1.3 16 9.3 12.2
SA
Dr Sulaiman Al-Habib Medical Services Group Co
SAU:4013
98B SAR 8.3 42.2 35.6 42.8
ZA
Life Healthcare Group Holdings Ltd
JSE:LHC
21B Zac 0 0 0 0
ZA
Netcare Ltd
JSE:NTC
19.6B Zac 0 0 0 0
CN
Aier Eye Hospital Group Co Ltd
SZSE:300015
117.3B CNY 5.4 31.7 25.2 25.2
US
Tenet Healthcare Corp
NYSE:THC
15.1B USD 0.7 10.4 6 7.5
MY
IHH Healthcare Bhd
KLSE:IHH
60.8B MYR 2.5 22.9 12.1 17.2
BR
Rede D'Or Sao Luiz SA
BOVESPA:RDOR3
81.5B BRL 1.6 20 7.9 9.6
IN
Max Healthcare Institute Ltd
NSE:MAXHEALTH
1.1T INR 17.5 113.5 68.2 82.5
US
Universal Health Services Inc
NYSE:UHS
12B USD 0.7 10 7.1 9.4