Ramsay Health Care Ltd

RHC: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$77.00	Hbwhyzk	Hplynmhgk

Ramsay: Margin Improvement Ahead; Shares Are Cheap

Shane Ponraj

Dec 13, 2023

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.

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