Netcare

NTC · JSE · Healthcare / Medical Care Facilities

1,877.00ZAC-12.00 (-0.64%)

Price History

Full chart

Market Stats

Previous Close1,889.00

Open1,898.00

Day Range1,865.00 – 1,898.00

52-Week Range1,386.00 – 1,942.00

Volume1.24M

Market Cap20.11B

P/E (TTM)12.09

Forward P/E11.72

EPS1.44

Dividend Yield5.05%

Beta0.27

50-Day Avg1,819.44

200-Day Avg1,714.81

About

Netcare Limited, an investment holding company, operates private hospitals in South Africa. It operates through Hospital and Emergency Services, and Primary Care segments. The Hospital and Emergency Services segment engages in the hospital and pharmacy operations. Its operations covers its private acute hospital network and day clinics; and non-acute services, including emergency medical services, mental health clinics operation, diagnostics support services, and cancer care services, as well as sells healthcare products. The Primary Care segment offers healthcare services, and employee health and wellness services, as well as administrative services to medical and dental practices. It also engages in the financing, property owning, and pharmaceutical services. It operates through a network of acute hospitals, netcare 911 sites, cancer care centres, haematology centres, renal dialysis facilities, dialysis stations, point of care devices, mental health hospitals, primary health care facilities, and occupational health service contracts, as well as insurance products, and prepaid procedures and healthcare vouchers. Netcare Limited was incorporated in 1996 and is headquartered in Sandton, South Africa.

Company Details

SectorHealthcare
IndustryMedical Care Facilities
CEODr. Richard Harold Friedland BvSc, Dip Fin Man, MBA, MBBCh
Employees0
Headquarters76 Maude Street, Sandton, South Africa, 2196, South Africa
Websitehttps://www.netcare.co.za

Leadership

Dr. Richard Harold Friedland BvSc, Dip Fin Man, MBA, MBBChGroup CEO & Executive Director · b. 1961
Mr. Keith N. Gibson BAcc, C.A., CA(SA)Group CFO & Executive Director · b. 1970
Mr. Craig GrindellManaging Director of Netcare 911 · b. 1972
Mr. Teshlin AkalooManaging Director of Innovative Products · b. 1985
Dr. Erich BockManaging Director of Hospital Division · b. 1981
Ms. Sara NayagerManaging Director of Primary Care · b. 1975
Mr. Travis DewingChief Information Officer · b. 1974
Mr. Charles M. VikisiGroup Company Secretary & General Counsel · b. 1977
Dr. Nceba NdzwayibaGroup HR & Transformation Director · b. 1980
Gershon VenkatasamyChief data & AI officer · b. 1980

Financials

Income Statement

Currency: ZAR	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Revenue	7.53B	11.62B	18.61B	21.73B	23.23B	22.47B	23.22B	25.17B	27.38B	31.78B	33.71B	37.73B	19.11B	20.72B	21.59B	18.84B	21.20B	21.64B	23.70B	25.20B	26.34B
Growth (%)	-	+54.19%	+60.19%	+16.81%	+6.89%	-3.26%	+3.32%	+8.41%	+8.77%	+16.07%	+6.07%	+11.92%	-49.34%	+8.39%	+4.21%	-12.72%	+12.51%	+2.06%	+9.54%	+6.34%	+4.53%
Cost of Revenue	3.65B	6.38B	10.86B	12.84B	13.70B	12.89B	13.51B	14.57B	15.57B	18.23B	18.95B	21.29B	9.66B	10.36B	10.65B	9.81B	10.75B	11.09B	11.94B	12.75B	13.25B
Gross Profit	3.88B	5.24B	7.75B	8.89B	9.53B	9.58B	9.71B	10.61B	11.81B	13.56B	14.76B	16.44B	9.45B	10.35B	10.94B	9.03B	10.45B	10.55B	11.76B	12.46B	13.09B
Gross Margin	51.54%	45.11%	41.66%	40.92%	41.03%	42.63%	41.81%	42.13%	43.15%	42.65%	43.79%	43.58%	49.46%	49.97%	50.66%	47.94%	49.30%	48.77%	49.63%	49.42%	49.70%
Operating Expense	2.67B	3.67B	4.76B	5.52B	5.83B	5.87B	6.01B	6.82B	8.84B	10.32B	11.14B	12.41B	6.16B	6.91B	7.17B	7.47B	8.38B	8.09B	9.05B	9.30B	9.52B
Operating Income	1.21B	1.57B	2.99B	3.37B	3.70B	3.71B	3.70B	3.79B	2.98B	3.23B	3.63B	4.03B	3.29B	3.44B	3.77B	1.57B	2.08B	2.46B	2.72B	3.16B	3.58B
Operating Margin	16.06%	13.50%	16.07%	15.50%	15.93%	16.50%	15.94%	15.06%	10.88%	10.18%	10.76%	10.68%	17.23%	16.63%	17.45%	8.32%	9.79%	11.38%	11.46%	12.53%	13.57%
EBITDA	1.44B	2.17B	3.35B	3.67B	3.90B	4.87B	4.86B	-8.61B	7.42B	4.51B	5.22B	3.77B	4.49B	2.89B	4.63B	2.86B	3.18B	3.54B	4.08B	4.63B	5.09B
EBITDA Margin	19.15%	18.67%	18.00%	16.87%	16.78%	21.66%	20.92%	-34.20%	27.11%	14.18%	15.48%	10.01%	23.46%	13.93%	21.46%	15.18%	14.99%	16.35%	17.22%	18.35%	19.34%
Net Income	815.30M	537.30M	1.09B	982.00M	1.75B	1.29B	1.85B	-4.45B	5.14B	2.15B	2.46B	1.72B	4.71B	1.13B	2.45B	446.00M	769.00M	1.01B	1.26B	1.50B	1.74B
Net Income Margin	10.82%	4.63%	5.88%	4.52%	7.54%	5.72%	7.99%	-17.69%	18.77%	6.77%	7.30%	4.56%	24.65%	5.47%	11.33%	2.37%	3.63%	4.68%	5.30%	5.95%	6.62%
R&D	-	-	-	-	-	-	-	4.00M	2.00M	-	-	1.00M	1.00M	1.00M	-	-	2.00M	2.00M	2.00M	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	0.02%	0.01%	-	-	0.00%	0.01%	0.00%	-	-	0.01%	0.01%	0.01%	-	-
Interest Expense	176.00M	1.49B	2.46B	2.71B	2.43B	2.08B	1.85B	1.89B	677.00M	474.00M	599.00M	677.00M	450.00M	548.00M	602.00M	979.00M	844.00M	827.00M	1.00B	1.21B	1.22B
Interest Expense % of Total Revenue	2.34%	12.83%	13.24%	12.45%	10.46%	9.27%	7.95%	7.50%	2.47%	1.49%	1.78%	1.79%	2.35%	2.65%	2.79%	5.20%	3.98%	3.82%	4.22%	4.79%	4.62%

Balance Sheet

Currency: ZAR	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Assets	6.28B	50.50B	50.54B	54.93B	45.94B	44.37B	50.66B	44.22B	23.92B	26.72B	31.66B	30.66B	28.11B	20.55B	21.41B	25.94B	25.62B	26.27B	27.80B	28.39B	29.23B
Total Liabilities	2.86B	44.26B	41.96B	46.08B	38.81B	37.84B	42.98B	45.24B	13.49B	14.54B	17.38B	17.65B	19.25B	10.13B	11.18B	16.14B	15.03B	15.33B	16.76B	17.42B	18.24B
Total Equity	3.34B	2.88B	4.78B	5.14B	4.79B	4.64B	5.80B	1.65B	7.80B	9.29B	10.96B	10.82B	8.93B	10.37B	10.18B	9.77B	10.58B	10.89B	11.02B	10.93B	10.87B
Cash	292.90M	1.46B	1.36B	1.20B	803.00M	1.38B	2.35B	2.91B	1.69B	1.71B	2.55B	1.98B	2.53B	1.37B	1.73B	1.45B	1.46B	1.50B	2.28B	1.80B	1.89B
Total Debt	1.57B	32.70B	31.55B	33.88B	27.37B	25.57B	28.10B	29.45B	6.56B	6.68B	8.34B	7.52B	8.92B	6.18B	6.85B	11.92B	10.88B	10.86B	12.30B	12.65B	12.96B
Net Debt	1.27B	31.23B	30.19B	32.68B	26.57B	24.20B	25.74B	26.55B	4.87B	4.97B	5.79B	5.54B	6.38B	4.80B	5.11B	10.47B	9.43B	9.36B	10.02B	10.85B	11.08B

Cash Flow

Currency: ZAR	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Operating Cash Flow	658.70M	654.30M	902.00M	1.38B	1.18B	1.81B	2.33B	2.38B	2.14B	2.81B	2.98B	3.52B	2.52B	2.48B	3.47B	-992.00M	2.31B	2.61B	1.88B	2.72B	2.45B
Investing Cash Flow	-601.20M	-17.82B	-1.66B	-2.17B	-333.00M	-1.30B	-1.14B	-1.43B	-955.00M	-1.83B	-2.65B	-2.51B	-2.03B	-3.09B	-1.13B	58.00M	-1.03B	-1.25B	-1.31B	-1.15B	-1.47B
Financing Cash Flow	89.90M	19.27B	614.00M	889.00M	-978.00M	138.00M	-880.00M	-398.00M	-2.14B	-907.00M	277.00M	-1.33B	64.00M	-504.00M	265.00M	653.00M	-1.27B	-1.32B	209.00M	-2.04B	-892.00M
Capital Expenditure	497.30M	1.12B	1.49B	1.42B	1.43B	1.37B	1.41B	1.35B	1.35B	1.90B	2.64B	2.79B	2.42B	1.51B	1.43B	999.00M	1.14B	1.38B	1.51B	1.52B	1.63B
Free Cash Flow	161.40M	-470.50M	-590.00M	-36.00M	-249.00M	443.00M	921.00M	1.03B	787.00M	910.00M	342.00M	730.00M	102.00M	971.00M	2.04B	-1.99B	1.16B	1.23B	373.00M	350.00M	817.00M
Dividends Paid	-	-	-	-	-	-	-	694.00M	788.00M	973.00M	1.17B	1.30B	1.35B	1.44B	2.05B	3.48B	39.00M	728.00M	1.85B	913.00M	1.02B
FCF to OCF	24.50%	-71.91%	-65.41%	-2.61%	-21.14%	24.43%	39.54%	43.20%	36.83%	32.36%	11.46%	20.74%	4.05%	39.11%	58.85%	200.71%	50.37%	47.09%	19.84%	12.87%	33.39%
Dividend Paid to FCF	-	-	-	-	-	-	-	67.38%	100.13%	106.92%	340.94%	178.36%	1325.49%	148.61%	100.29%	-174.74%	3.36%	59.19%	497.05%	260.86%	124.72%

Earnings

Report Date	Nov 23, 2026
EPS Estimate	-
EPS Actual	-
Surprise	-
Timing	Pre-market

Key Statistics & Ratios

Market Cap20.11B

Enterprise Value32.82B

Trailing P/E12.09

Forward P/E11.72

PEG Ratio87.53

Price / Sales0.75

Price / Book2.02

EPS1.44

Book Value8.63

Revenue (TTM)26.95B

Gross Profit (TTM)13.35B

EBITDA4.50B

Profit Margin6.84%

Operating Margin13.24%

Return on Equity17.55%

Return on Assets7.97%

Shares Outstanding1.15B

Shares Float1.06B

Beta0.27

Dividend Yield5.05%

Dividend Rate0.88

Payout Ratio58.95%

Dividends

20232×

30.00Jul 12, 202330.00Jan 25, 2023

20222×

20.00Jul 6, 202234.00Jan 26, 2022

20201×

64.00Jan 22, 2020

20192×

47.00Jul 3, 201960.00Jan 23, 2019

20182×

44.00Jul 4, 201857.00Jan 24, 2018

20172×

38.00Jul 5, 201757.00Jan 25, 2017

20162×

38.00Jul 4, 201654.00Jan 25, 2016

20152×

38.00Jun 12, 201548.00Jan 26, 2015

20142×

32.00Jul 14, 201440.50Jan 27, 2014

20132×

27.00Jul 22, 201334.00Jan 28, 2013

20122×

21.44Jul 16, 201231.00Jan 16, 2012

20112×

22.00Jul 18, 201121.00Jan 17, 2011

20101×

19.00Jul 19, 2010

Stock Splits

Jan 25, 1999103:100
Jan 26, 199866:65
Sep 29, 199784:83