Ramsay Health Care Ltd
RHC: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$32.00 | Fynxqkr | Mwcjspcr |
Ramsay: Margin Improvement Ahead; Shares Are Cheap
Shares in narrow-moat Ramsay Health Care remain undervalued as the market underestimates its ability to both expand margins and grow revenue. Ramsay’s stock is down 23% year to date and trades at a steep discount to our unchanged AUD 68 fair value estimate.