Ramsay Health Care Limited (RHC.AX)
Healthcare · ASX · Australia
Fundamentals
Valuation and ratings
Ramsay Health Care Limited trades at AUD42.54, which is 32% above the AUD29.04 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 22 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 34.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
RHC.AX dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | AUD0.425 | 1 |
| 2025 | AUD0.800 | 2 |
| 2024 | AUD0.800 | 2 |
| 2023 | AUD0.750 | 2 |
| 2022 | AUD0.970 | 2 |
| 2021 | AUD1.52 | 2 |
| 2020 | AUD0.625 | 1 |
| 2019 | AUD1.52 | 2 |
| 2018 | AUD1.44 | 2 |
| 2017 | AUD1.34 | 2 |
| 2016 | AUD1.19 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
RHC.AX earnings and analyst estimates
Recommendation mix, 14 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Ramsay Health Care Limited
Ramsay Health Care Limited owns and operates hospitals in Australia and internationally. It offers health care services to public and private patients. The company was founded in 1964 and is based in St Leonards, Australia.
RHC.AX passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Ramsay Health Care Limited (RHC.AX) undervalued?
Against our discounted cash flow estimate of AUD29.04, RHC.AX at AUD42.54 is 32% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is RHC.AX's P/E ratio?
RHC.AX trades at 34.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Ramsay Health Care Limited (RHC.AX) pay a dividend?
Yes. Ramsay Health Care Limited yields 1.97% at the current share price. It has paid AUD0.825 per share over the trailing twelve months. It has paid a dividend in each of the last 28 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.