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How to buy Ramsay Health Care (RHC) shares in Australia

Learn how to easily invest in Ramsay Health Care shares.

Ramsay Health Care 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 in Australian dollars. Ramsay Health Care has a trailing 12-month revenue of around $15.9 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Ramsay Health Care

To buy shares listed in Australia such as Ramsay Health Care, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. 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.
  3. 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Ramsay Health Care. Optimise your portfolio by tracking how your stock and 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 affect your stock.

Ramsay Health Care stock price (ASX:RHC)

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

Ramsay Health Care shares at a glance

Information last updated 2024-07-19.
52-week range$46.11 - $58.8225
50-day moving average $48.167
200-day moving average $50.7746
Target price$55.29
PE ratio 51.5604
Dividend yield $0.65 (1.71%)
Earnings per share (TTM) $0.91

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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.
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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. However, this is not a recommendation. 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.

Ramsay Health Care price performance over time

Historical closes compared with the last close of A$46.48

1 week (2024-07-18) -2.41%
1 month (2024-06-26) -0.24%
3 months (2024-04-26) -9.68%
6 months (2024-01-25) -9.01%
1 year (2023-07-26) -17.32%
2 years (2022-07-26) -33.86%
3 years (2021-07-26) -27.09%
5 years (2019-07-26) -35.44%

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 52x. In other words, Ramsay Health Care shares trade at around 52x 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 $1.4 billion (£0.0 million).

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

Ramsay Health Care financials

Revenue TTM $15.9 billion
Operating margin TTM 5.5%
Gross profit TTM $1.6 billion
Return on assets TTM 2.59%
Return on equity TTM 5.03%
Profit margin 5.41%
Book value 20.07
Market capitalisation $10.8 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: 30.95

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Ramsay Health Care's overall score of 30.95 (as at 12/31/2018) is nothing to write home about – landing it in it in the 44th 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: 12.59/100

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 Ltd was last rated for ESG on: 2019-01-01.

Total ESG score 30.95
Total ESG percentile 43.7
Environmental score 7.88
Environmental score percentile 9
Social score 18.48
Social score percentile 9
Governance score 12.59
Governance score percentile 9
Level of controversy 1

Ramsay Health Care share dividends

82%

Dividend payout ratio: 82.32% of net profits

Recently Ramsay Health Care has paid out, on average, around 82.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.71% 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 1.71% return on their shares, in the form of dividend payments. In Ramsay Health Care's case, that would currently equate to about A$0.65 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 10 March 2024 (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 $46.11 up to $58.8225. A popular way to gauge a stock's volatility is its "beta".

RHC.AU volatility(beta: 0.68)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Ramsay Health Care's is 0.675. 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 owns and operates hospitals. The company offers health care services to public and private patients. It operates facilities in approximately 530 locations in the Asia Pacific, the United Kingdom, France, and Nordics. Ramsay Health Care Limited was founded in 1964 and is based in Sydney, Australia.

Ramsay Health Care in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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