What is Netcare (NTC)'s P/E ratio?

Netcare (NTC) trades at a P/E of 12.6x (price to trailing 12-month earnings).

What is Netcare (NTC)'s EV/EBITDA?

Netcare (NTC) trades at 24.3x EV/EBITDA.

What is Netcare (NTC)'s P/B ratio?

Netcare (NTC) trades at a P/B of 2.1x.

What is Netcare (NTC)'s dividend yield?

Netcare (NTC)'s trailing 12-month dividend yield is 5.1%.

What is Netcare (NTC)'s market capitalization?

Netcare (NTC)'s market cap is 1.3 bn USD.

Netcare (NTC) Stock — Financials, Valuation & Dividends

Price chart

18.12 ZARDay -1.09%

Key metrics

Market

Price

18.12 ZAR · -1.09%

Market cap

1.3 bn USD

Growth

Δ revenue y/y

17.3%

Δ EBITDA y/y

19.6%

Multiples

P/E (LTM)

12.6x

P/B (FY)

2.1x

P/E (ann.)

12.6x

EV/EBITDA (LTM)

24.3x

EV/EBITDA (ann.)

25.0x

Cash return

Dividend yield

5.1%

FCF yield (LTM)

-35.5%

Value creation

fundamental value/yr, % of market cap

Value created / year

+21.0%

↓ details

Liquidity

Daily turnover (listing)

93.4 mln ZAR

Shares: yahoo_fundamentals_timeseries/NTC.JO

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial results

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

Date	Period	Status	RevenueM USD	Operating profitM USD	D&AM USD	EBITDAM USD	Net profitM USD	Operating CFM USD	Capex + M&AM USD	AssetsM USD	EquityM USD	ROE (annualized)	Net debtM USD	Source
2026-03-31	H1 2026 (6M)	OK	802.2 y/y 17.3% y/y 17.3%	106.2 y/y 20.7% y/y 20.7%	43.2 y/y 17.0% y/y 17.0%	149.4 y/y 19.6% y/y 19.6%	53.6 y/y 26.3% y/y 26.3%	44.5	-413.0	1721.3 y/y 13.9%	640.8 y/y 9.0%	16.9%	6113.0	Link
2025-09-30	H2 2025 (6M)	OK	771.2 y/y 5.8% y/y 5.0%	120.4 y/y 13.5% y/y 13.8%	37.8 y/y 2.8% y/y 1.5%	158.2 y/y 10.4% y/y 10.6%	53.9 y/y 17.6% y/y 17.8%	72.7	-1224.0	1691.8 y/y 2.3%	629.3 y/y -1.2%	15.8%	5478.0	—
2025-03-31	H1 2025 (6M)	OK	684.1 y/y 6.6% y/y 6.6%	88.0 y/y 13.0% y/y 13.0%	36.9 y/y 4.1% y/y 4.1%	124.9 y/y 10.2% y/y 10.2%	42.4 y/y 17.5% y/y 17.5%	62.5	-406.0	1511.2 y/y 2.6%	588.1 y/y 0.3%	13.9%	5634.0	Link
2024-09-30	H2 2024 (6M)	OK	734.2 y/y 5.9% y/y 14.0%	105.8 y/y 17.2% y/y 32.5%	37.3 y/y 4.2% y/y 9.9%	143.1 y/y 13.2% y/y 25.8%	45.7 y/y 13.0% y/y 27.0%	86.4	-1025.0	1653.3 y/y 12.2%	636.7 y/y 9.0%	13.4%	5306.0	—
2024-03-31	H1 2024 (6M)	OK	641.7 y/y -2.2% y/y -2.2%	77.9 y/y 1.3% y/y 1.3%	35.5 y/y -1.1% y/y -1.1%	113.3 y/y 0.5% y/y 0.5%	36.1 y/y -0.9% y/y -0.9%	15.6	-494.0	1473.5 y/y -2.3%	586.6 y/y -6.0%	12.3%	5841.0	Link
2023-09-30	H2 2023 (6M)	OK	643.9 y/y — y/y —	79.8 y/y — y/y —	33.9 y/y — y/y —	113.7 y/y — y/y —	36.0 y/y — y/y —	54.0	-1103.0	1474.1 y/y —	584.3 y/y —	12.0%	5028.0	—
2023-03-31	H1 2023 (6M)	OK	655.9 y/y — y/y —	76.9 y/y — y/y —	35.9 y/y — y/y —	112.7 y/y — y/y —	36.4 y/y — y/y —	49.1	-404.0	1508.3 y/y —	624.2 y/y —	—	4993.0	Link

Revenue & EBITDA

RevenueEBITDA

Quarterly values (ZAR mln)

Year-over-year change

Cash flow

FCF (ZAR mln)

Net debt / cash (ZAR mln)

Profit and cash

Profit is cash-backed

In a typical year of 2022–2025 operating cash flow came to 1.41x of reported net profit; after capex, 0.38x.

year	2022	2023	2024	2025
cash flow / profit	1.86x	1.42x	1.25x	1.40x
accruals, % of assets	-3.3%	-2.0%	-1.3%	-2.4%

Last twelve months (to 2026-03-31): 0.82x of profit came back as operating cash flow.

net debt / EBITDA 1.1x · capex 1.2x of depreciation

Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +24.9%

How this was calculated

1. EBITDA growth (latest quarter YoY, annualised) [EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-03-31 vs 2025-03-31) = (149 − 125) × 2.07	51
2. Current EV/EBITDA (LTM) (Market cap + Net debt) ÷ EBITDA (LTM) = (1 349 + 6 113) ÷ 310	24.1x
3. Target multiple (Current EV/EBITDA + 8) ÷ 2 = (24.1 + 8) ÷ 2	16.0x
4. Cash flow (balance method, LTM) Net-debt reduction + dividends + buybacks − equity issuance = -479 + 0 + 0 − 0	-479
5. Value created per year (EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap = (51 × 16.0 + -479) ÷ 1 349	+24.9%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

half-year basis (semi-annual reporter)
dividends/buybacks not in data - balance cash flow uses net-debt change only

Revenue growth & acceleration

Growth steady →

Last-year revenue growth +5% vs +6% the year before — a -1.8 pp move. 3-year CAGR +7%.

revenue growth by year: 2023 +10% · 2024 +6% · 2025 +5%

The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

Dividends

Paid (completed)

Date	Per share	Details	Status	Source
2026-07-08	44 ZAR	Ex-dividend: 44 ZAR per share	Paid	Yahoo Finance (ex-div)
2026-01-21	49 ZAR	Ex-dividend: 49 ZAR per share	Paid	Yahoo Finance (ex-div)
2025-07-09	36 ZAR	Ex-dividend: 36 ZAR per share	Paid	Yahoo Finance (ex-div)
2025-01-22	40 ZAR	Ex-dividend: 40 ZAR per share	Paid	Yahoo Finance (ex-div)
2024-07-10	30 ZAR	Ex-dividend: 30 ZAR per share	Paid	Yahoo Finance (ex-div)
2024-01-24	35 ZAR	Ex-dividend: 35 ZAR per share	Paid	Yahoo Finance (ex-div)
2023-07-12	30 ZAR	Ex-dividend: 30 ZAR per share	Paid	Yahoo Finance (ex-div)
2023-01-25	30 ZAR	Ex-dividend: 30 ZAR per share	Paid	Yahoo Finance (ex-div)
2022-07-06	20 ZAR	Ex-dividend: 20 ZAR per share	Paid	Yahoo Finance (ex-div)
2022-01-26	34 ZAR	Ex-dividend: 34 ZAR per share	Paid	Yahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Netcare (NTC) — from primary filings.

Netcare operates private hospitals and emergency medical services in South Africa, along with primary care clinics, mental health facilities, and diagnostic services.

Netcare (NTC) USD