Business description: Netcare Limited

Netcare Limited specializes in operating health facilities. Net sales (including intragroup) break down by activity as follows:

- management of hospitals and emergency service centers (97.1%): owned, at the end of September 2022, 87 emergency care centers, 49 acute care hospitals, 16 cancer treatment centers and 13 psychiatric hospitals;

- management of primary care centers (2.9%): 65 primary healthcare facilities and 71 dialysis units.

All sales are in South Africa.

Number of employees: 18,000

Sales by Activity: Netcare Limited

Fiscal Period: September 2021 (ZAR) 2022 (ZAR) 2023 (ZAR) 2024 (ZAR) 2025 (ZAR)

Hospital and Emergency Services - Hospital and Pharmacy Operations

1.95TCr 1.97TCr 2.15TCr 2.28TCr 2.36TCr

Hospital and Emergency Services - Non-Acute Services

115.2Cr 129.1Cr 157.8Cr 169.9Cr 204.7Cr

Primary Care

60Cr 63Cr 66Cr 71Cr 66Cr

Inter-Segment Elimination

-1.2Cr -2.2Cr -1.4Cr -1.6Cr -1.3Cr

Executive Committee: Netcare Limited

Manager TitleAgeSince
Chief Executive Officer 64 01/09/2005
Director of Finance/CFO 56 01/07/2006
Chief Tech/Sci/R&D Officer 46 01/01/2007
Chief Tech/Sci/R&D Officer 53 01/01/1997
Human Resources Officer 47 01/01/2008

Composition of the Board of Directors: Netcare Limited

Director TitleAgeSince
Director/Board Member 56 10/11/2011
Director/Board Member 57 13/05/2019
Director/Board Member 55 01/01/2022
Director/Board Member 49 01/01/2023
Chairman 63 27/01/2025
Director/Board Member 67 -
Director/Board Member 64 01/09/2005
Director/Board Member 45 01/10/2025
Director/Board Member 65 02/03/2026

Shareholders: Netcare Limited

NameStocks%Valuation
Public Investment Corporation SOC Ltd. (Invt Mgmt)
20.09 %
27,41,26,490 20.09 % 306 M R
Fairtree Asset Management (Pty) Ltd.
6.103 %
8,32,81,764 6.103 % 93 M R
Foord Asset Management Pty Ltd.
5.965 %
8,14,05,547 5.965 % 91 M R
Wellington Management Co. LLP
2.487 %
3,39,39,414 2.487 % 38 M R
Aylett & Co. (Pty) Ltd.
2.022 %
2,75,87,017 2.022 % 31 M R
NameStocks%Valuation
Marriott Asset Management Pty Ltd.
10.51 %
6,83,030 10.51 % 4 M R
PSG Asset Management (Pty) Ltd.
4.036 %
2,62,315 4.036 % 2 M R
Merchant West Investments (Pty) Ltd.
2.554 %
1,66,000 2.554 % 972 360 R
Fundrock Collective Investments (RF) (Pty) Ltd
0.0416 %
2,707 0.0416 % 15 856 R

Company details: Netcare Limited

Netcare Ltd.

76 Maude Street

2196, Johannesburg

+

http://www.netcare.co.za
address Netcare Limited(NTC)

Other Healthcare Facilities & Services

Change 5-day change 1-year change 3-year change Capi.($)
-1.67%-3.11%+20.56%+26.35% 120.93Cr
-0.94%-1.01%+12.21%+23.35% 11TCr
+0.20%+0.83%+0.39%+77.37% 9.42TCr
-6.62%-3.86%+133.89%+815.04% 6.14TCr
+0.05%-6.09%-7.47%+56.12% 2.77TCr
-1.96%-1.94%+27.48%+83.04% 2.56TCr
+0.06%+0.06%+12.34%+53.43% 2.5TCr
+1.02%+2.47%-14.42%-3.18% 2.11TCr
+0.55%+1.33%+30.67%+323.34% 2.09TCr
+1.93%-1.25%-2.71%+35.91% 1.68TCr
Average -0.71%-0.89%+21.29%+149.08% 4.05TCr
Weighted average by Cap. -1.16%-0.24%+26.49%+178.30%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Ratings Surperformance© - Netcare Limited
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
17.12ZAR
Average target price
18.58ZAR
Spread / Average Target
+8.50%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Netcare Limited
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