Ramsay Health Care Stock Beta
| RHC Stock | 39.40 0.16 0.40% |
Ramsay Health Care fundamentals help investors to digest information that contributes to Ramsay Health's financial success or failures. It also enables traders to predict the movement of Ramsay Stock. The fundamental analysis module provides a way to measure Ramsay Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ramsay Health stock.
Ramsay | Beta |
Ramsay Health Care Company Beta Analysis
Ramsay Health's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Ramsay Health Beta | 0.63 |
Most of Ramsay Health's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ramsay Health Care is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Ramsay Health Care has a Beta of 0.626. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The beta for all Australia stocks is notably lower than that of the firm.
Ramsay Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ramsay Health's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ramsay Health could also be used in its relative valuation, which is a method of valuing Ramsay Health by comparing valuation metrics of similar companies.Ramsay Health is currently under evaluation in beta category among its peers.
Ramsay Health ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ramsay Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ramsay Health's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
As returns on the market increase, Ramsay Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ramsay Health is expected to be smaller as well.
Ramsay Fundamentals
| Return On Equity | 0.0509 | ||||
| Return On Asset | 0.028 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 19.35 B | ||||
| Shares Outstanding | 230.25 M | ||||
| Shares Owned By Insiders | 20.39 % | ||||
| Shares Owned By Institutions | 40.63 % | ||||
| Price To Book | 1.85 X | ||||
| Price To Sales | 0.55 X | ||||
| Revenue | 16.67 B | ||||
| Gross Profit | 1.65 B | ||||
| EBITDA | 1.81 B | ||||
| Net Income | 270.6 M | ||||
| Cash And Equivalents | 314.2 M | ||||
| Total Debt | 10.94 B | ||||
| Book Value Per Share | 20.31 X | ||||
| Cash Flow From Operations | 1.3 B | ||||
| Earnings Per Share | 1.15 X | ||||
| Price To Earnings To Growth | 1.66 X | ||||
| Target Price | 45.31 | ||||
| Number Of Employees | 90 K | ||||
| Beta | 0.63 | ||||
| Market Capitalization | 9.12 B | ||||
| Total Asset | 21.34 B | ||||
| Retained Earnings | 2.5 B | ||||
| Working Capital | (307.5 M) | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 21.34 B | ||||
| Last Dividend Paid | 0.8 |
About Ramsay Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ramsay Health Care's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ramsay Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ramsay Health Care based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Ramsay Stock Analysis
When running Ramsay Health's price analysis, check to measure Ramsay Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ramsay Health is operating at the current time. Most of Ramsay Health's value examination focuses on studying past and present price action to predict the probability of Ramsay Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramsay Health's price. Additionally, you may evaluate how the addition of Ramsay Health to your portfolios can decrease your overall portfolio volatility.