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Feb 19, 2011

Hospitals - Comparison

Hospitals are good businesses whether in recession or in a boom. That does not mean we can buy them at any price. We also have to choose the best brand which manages money and growth effectively. So, similar to any other business, we need to look at its fundamentals.

Company

high

low

reserves

secured loans

unsecured loans

Fortis Healthcare Ltd.

187.5

124.35

1260.75

49.66

1192.4

Apollo Hospitals Enterprise Ltd.

599

321.15

1479.99

471.43

218.56

Fortis Malar Hospitals Ltd.

46

26.1

1.83

14.52

1.95

Indraprastha Medical Corporation Ltd.

52.7

30.2

44.03

29.29

0

Lotus Eye Care Hospital Ltd.

34.6

10

31.93

1.46

0

Noida Medicare Centre Ltd.

37.85

17.5

10.25

6.49

2.97

Regency Hospitals Ltd.

80.9

41.05

13.85

14.27

7.16

Secunderabad Healthcare Ltd.

30.5

11.42

1.88

0

0
Let us look at their valuations:

company

marketcap

sales

net profit

interest

NPM

Fortis Healthcare Ltd.

5638.99

209.81

30.14

22.28

12.01

Apollo Hospitals Enterprise Ltd.

5731.84

1825.78

151.97

37.75

8.18

Fortis Malar Hospitals Ltd.

63.15

64.14

3.5

1.64

5.45

Indraprastha Medical Corporation Ltd.

314.99

436.48

31.06

3.85

7.116

Lotus Eye Care Hospital Ltd.

24.67

14.17

-0.24

0.69

-1.67

Noida Medicare Centre Ltd.

33.21

37.04

3.45

1.85

9.24

Regency Hospitals Ltd.

44.23

39.59

1.5

2.25

3.77

Secunderabad Healthcare Ltd.

5.63

18.43

0.22

0

1.194
Nothing really seems attractive to me, though I like most of these hospitals

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