Ramsay Health Care: The bull and bear case

Ramsay is one of Australia's highest quality companies. It deserves a price guide to reflect that fact.

There’s almost always a point below which you can say a stock is undervalued. JB Hi-Fi, for example, should be worth at least the cash in its tills minus any debt. It could probably sell all the DVDs on its shelves and any other inventory as well, though a discount may be needed to do so.

Earnings and cash flow can provide further comfort: there’s always a price for a reliable stream of cash. We can put all these things together and arrive at a point where we can say: ‘This stock has to be worth at least this much’.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles