Ramsay is the main private hospital workers in the world with its hospital nets in Australia and Europe.
Sadly, the older we get the more health action will be needed. Ramsay is a strong recipient from this trend as it expands its hospital network through increases, greenfield builds and acquisitions.
As a bonus, it has augmented its bonus every year since 2000. Currently, its exchange rate is at 23x FY21’s projected earnings.