Netcare Limited (JSE:NTC)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
1,728.00
-24.00 (-1.37%)
Oct 22, 2026, 5:00 PM SAST

Netcare Financials Overview

Millions ZAR. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Revenue
26,94826,34425,20223,69921,63621,200
Revenue Growth
2.29%4.53%6.34%9.54%2.06%12.51%
Gross Profit
13,35113,09412,45611,73510,55110,452
Operating Income
3,6453,5173,0962,6542,2372,093
Net Income
1,7581,6561,4121,257967730
Earnings Per Share
1.441.331.090.940.720.54
EPS Growth
8.59%22.04%16.47%30.40%32.04%93.24%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Hospital and Emergency Services - Non-Acute Services
2,1782,0471,6991,5781,2911,152
Hospital and Emergency Services - Hospital and Pharmacy Operations
24,15323,64822,80721,47219,73319,465
Primary Care
628662712663634595
Inter-Segment Elimination
-11-13-16-14-22-12
Total
26,94826,34425,20223,69921,63621,200

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Cash & Investments
1,9851,8891,8192,2941,5011,460
Total Debt
13,66712,96512,64912,29910,86310,883
Net Cash (Debt)
-11,682-11,076-10,830-10,005-9,362-9,423
Net Cash Growth
------
Net Cash Per Share
-9.59-8.89-8.34-7.44-6.95-7.01

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Operating Cash Flow
2,9833,4042,7192,6882,6122,305
Capital Expenditures
-1,510-1,503-1,463-1,443-1,382-1,132
Free Cash Flow
1,4731,9011,2561,2451,2301,173
Free Cash Flow Growth
-22.51%51.35%0.88%1.22%4.86%-

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Gross Margin
49.54%49.70%49.43%49.52%48.77%49.30%
Operating Margin
13.53%13.35%12.29%11.20%10.34%9.87%
Pretax Margin
9.86%9.58%8.48%7.62%7.09%5.55%
Profit Margin
6.52%6.29%5.60%5.30%4.47%3.44%
FCF Margin
5.47%7.22%4.98%5.25%5.68%5.53%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Dividend Per Share
0.8500.8500.7000.6500.5000.340
Dividend Per Share Growth
22.37%21.43%7.69%30.00%47.06%-
Dividend Yield
4.92%5.85%4.54%4.72%3.65%2.10%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
PE Ratio
11.9710.4513.6214.3018.9729.64
Forward PE
10.219.4111.8010.6011.8513.96
P/FCF Ratio
13.819.1015.3114.4314.9118.45
PS Ratio
0.750.660.760.760.851.02