How to buy Ramsay Health Care shares

Ramsay Health Care Limited is a medical care facilities business based in Australia. Ramsay Health Care shares (RHC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Ramsay Health Care has a trailing 12-month revenue of around $12.2 billion.

How to buy shares in Ramsay Health Care

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Ramsay Health Care. Find the share by name or ticker symbol: RHC. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Ramsay Health Care reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $N/A, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Ramsay Health Care. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Ramsay Health Care share price

Use our graph to track the performance of RHC stocks over time.

Ramsay Health Care shares at a glance

• Key figures

Information last updated 2020-09-25.

52-week range	AUDA$46.12 - AUDA$80.1
50-day moving average	AUDA$65.955
200-day moving average	AUDA$63.9116
Target price	AUDA$59.39
PE ratio	51.3487
Dividend yield	AUDA$1.54 (2.29%)
Earnings per share (TTM)	AUDA$1.305

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Ramsay Health Care stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Ramsay Health Care Limited by TradingView

Is Ramsay Health Care under- or over-valued?

Valuing Ramsay Health Care stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ramsay Health Care's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Ramsay Health Care's P/E ratio

Ramsay Health Care's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 51x. In other words, Ramsay Health Care shares trade at around 51x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Ramsay Health Care's PEG ratio

Ramsay Health Care's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.66. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ramsay Health Care's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Ramsay Health Care's EBITDA

Ramsay Health Care's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 billion.

The EBITDA is a measure of a Ramsay Health Care's overall financial performance and is widely used to measure a its profitability.

Ramsay Health Care financials

Revenue TTM	$12.2 billion
Operating margin TTM	5.67%
Gross profit TTM	$1.6 billion
Return on assets TTM	2.81%
Return on equity TTM	8.52%
Profit margin	2.34%
Book value	15.372
Market capitalisation	$15.5 billion

TTM: trailing 12 months

Ramsay Health Care's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Ramsay Health Care.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Ramsay Health Care's total ESG risk score

Total ESG risk: 32.62

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Ramsay Health Care's overall score of 32.62 (as at 07/31/2020) is nothing to write home about – landing it in it in the 45th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Ramsay Health Care is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Ramsay Health Care's environmental score

Environmental score: 7.88/100

Ramsay Health Care's environmental score of 7.88 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Ramsay Health Care is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Ramsay Health Care's social score

Social score: 18.48/100

Ramsay Health Care's social score of 18.48 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Ramsay Health Care is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Ramsay Health Care's governance score

Governance score: 14.26/100

Ramsay Health Care's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Ramsay Health Care is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Ramsay Health Care's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Ramsay Health Care scored a 1 out of 5 for controversy – the highest score possible, reflecting that Ramsay Health Care has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Ramsay Health Care Limited was last rated for ESG on: 2020-08-01.

Total ESG score	32.62
Total ESG percentile	44.5
Environmental score	7.88
Environmental score percentile	9
Social score	18.48
Social score percentile	9
Governance score	14.26
Governance score percentile	9
Level of controversy	1

Ramsay Health Care share dividends

Dividend payout ratio: 118.01% of net profits

Recently Ramsay Health Care has paid out, on average, around 118.01% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.29% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ramsay Health Care shareholders could enjoy a 2.29% return on their shares, in the form of dividend payments. In Ramsay Health Care's case, that would currently equate to about A$1.54 per share.

Ramsay Health Care's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 4 March 2020 (the "ex-dividend date").

Ramsay Health Care share price volatility

Over the last 12 months, Ramsay Health Care's shares have ranged in value from as little as $46.12 up to $80.1. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Ramsay Health Care's is 0.6187. This would suggest that Ramsay Health Care's shares are less volatile than average (for this exchange).

Ramsay Health Care overview

Ramsay Health Care Limited provides health care services to public and private patients. The company's health care services comprise day surgery procedures and other surgeries, as well as psychiatric care and rehabilitation services. It operates through approximately 500 locations across Australia, the United Kingdom, France, Sweden, Norway, Denmark, Germany, Indonesia, Malaysia, Hong Kong, and Italy. The company was founded in 1964 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Ramsay Health Care is owned by insiders or institutions?

  Currently 22.185% of Ramsay Health Care shares are held by insiders and 13.588% by institutions.

• When does the fiscal year end for Ramsay Health Care?

  Ramsay Health Care's fiscal year ends in June.

• Where is Ramsay Health Care based?

  Ramsay Health Care's address is: 126 Phillip Street, Sydney, NSW, Australia, 2000

• What is Ramsay Health Care's ISIN number?

  Ramsay Health Care's international securities identification number is: AU000000RHC8