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Ramsay Health CareASX:RHC +1.98%86 EV-to-OCF is 14.42 as of Jul. 29, 2026, which is 20% below its 10-year median of 17.93. GuruFocus rates ASX:RHC with a GF Score™ of 86/100 and a GF Value™ of A$50.71 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 683 Healthcare Providers & Services companies, Ramsay Health Care ranks worse than 66.91% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ramsay Health Care's Enterprise Value is A$22,090 Mil.
Ramsay Health Care's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,532 Mil. Therefore, Ramsay Health Care's EV-to-OCF for today is 14.42.
The historical rank and industry rank for Ramsay Health Care's EV-to-OCF or its related term are showing as below:
ASX:RHC'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.74 Med: 17.93 Max: 39.7
Current: 14.26
During the past 13 years, the highest EV-to-OCF of Ramsay Health Care was 39.70. The lowest was 12.74. And the median was 17.93.
ASX:RHC's EV-to-OCF is ranked worse than 66.91% of 683
companies
in the Healthcare Providers & Services industry
Industry Median: 8.77
vs ASX:RHC: 14.26
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ramsay Health Care (ASX:RHC) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ramsay Health Care's PE Ratio (TTM) for today is calculated as:
Ramsay Health Care's share price for today is A$44.26.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ramsay Health Care's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.262.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ramsay Health Care EV-to-OCF Related Terms
Ramsay Health Care EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ramsay Health Care's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Care Facilities subindustry, Ramsay Health Care's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ramsay Health Care EV-to-OCF vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ramsay Health Care's EV-to-OCF falls into.
Ramsay Health Care's current Enterprise Value is A$22,090 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ramsay Health Care's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,532 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ramsay Health Care (ASX:RHC) has a EV-to-OCF of 14.42 as of Jul. 29, 2026. This is 20% below median its historical median of 17.93. Over the past decade, Ramsay Health Care's EV-to-OCF has ranged from 12.74 to 39.70. According to the industry distribution chart, Ramsay Health Care ranks #457 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 66.9%.
Is Ramsay Health Care's EV-to-OCF too high?
Ramsay Health Care's current EV-to-OCF of 14.42 is 20% below median its 10-year median of 17.93. Over the past 10 years, this metric has ranged from a low of 12.74 to a high of 39.70. The Healthcare Providers & Services industry median EV-to-OCF is 8.77. Ramsay Health Care's value of 14.42 is 64.4% above this industry median. Based on the distribution chart, Ramsay Health Care ranks #457 out of 683 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Ramsay Health Care has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramsay Health Care's EV-to-OCF compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Ramsay Health Care ranks #457 out of 683 companies for EV-to-OCF. This places Ramsay Health Care in the lower half of its industry. The industry median EV-to-OCF is 8.77. Ramsay Health Care's value of 14.42 is 64.4% above this benchmark. Historically, Ramsay Health Care's own EV-to-OCF has ranged from 12.74 to 39.70 over the past decade. While the company's 10-year median is 17.93 vs. the industry median of 8.77, Ramsay Health Care has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Healthcare Providers & Services company?
The median EV-to-OCF among Healthcare Providers & Services companies is 8.77, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ramsay Health Care's current EV-to-OCF of 14.42 is 64.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median EV-to-OCF is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramsay Health Care's current EV-to-OCF is 14.42, which is 20% below median its own 10-year median of 17.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramsay Health Care stock overvalued right now?
Based on GuruFocus' analysis, Ramsay Health Care (ASX:RHC) is currently considered Modestly Undervalued. The stock's GF Value™ is A$50.71, compared to a current price of A$44.26 — trading 12.7% below its estimated fair value. The current EV-to-OCF is 14.42, which is 20% below median its 10-year median of 17.93 and 64.4% above the Healthcare Providers & Services industry median of 8.77. Ramsay Health Care's overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Ramsay Health Care (ASX:RHC), the current EV-to-OCF is 14.42 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ramsay Health Care (ASX:RHC) Overvalued in 2026?
Based on GuruFocus' analysis, Ramsay Health Care stock appears to be undervalued.
The current stock price of A$44.26 is trading 12.7% below its estimated GF Value™ of A$50.71.
GuruFocus considers Ramsay Health Care to be Modestly Undervalued.
Key valuation signals for ASX:RHC:
EV-to-OCF: 14.42 (20% below median its 10-year median of 17.93)
GF Value™: A$50.71 vs. price of A$44.26 (12.7% below fair value)
Industry Position: 64.4% above the Healthcare Providers & Services median (#457 of 683)
No single metric tells the full story. See the ASX:RHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramsay Health Care is one of the largest private healthcare providers in the world, with more than 500 sites across about eight countries. The key markets in which it operates are Australia, France, the UK, and Sweden. It is the largest private hospital group in each of these markets except for the UK, where it is the largest independent supplier to the NHS. Ramsay Santé, which operates the European regions other than the UK, is a 53%-owned subsidiary of Ramsay Health Care. The company typically earns about two-thirds of consolidated earnings in Australia. Ramsay Health Care undertakes both private and publicly funded healthcare.
86GF Score
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