Artemis Medicare Services Ltd - Stock Valuation and Financial Performance

BSE: 542919 | NSE: ARTEMISMED | Hospital & Healthcare Services | Small Cap

Artemis Medicare Share Price

319.55 30.55 10.57%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Artemis Medicare

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Artemis Medicare Services stock performance -

mw4me loader
P/E Ratio (SA):
61.26
Market Cap:
3,976.7 Cr.
52-wk low:
140.6
52-wk high:
302

Is Artemis Medicare Services Ltd an attractive stock to invest in?

1. Is Artemis Medicare Services Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Artemis Medicare Services Ltd is a average quality company.

2. Is Artemis Medicare Services Ltd undervalued or overvalued?

The key valuation ratios of Artemis Medicare Services Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Artemis Medicare Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Artemis Medicare Services Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Artemis Medicare:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Artemis Medicare Services Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 19.2%21.2%20.6%18.4%16.1%13%5.9%11.9%13.9%16.5%-
Value Creation
Index
0.40.50.50.30.2-0.1-0.6-0.20.00.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 367402459503547563402545714845879
Sales YoY Gr.-9.4%14.2%9.5%8.7%3%-28.6%35.5%31.1%18.3%-
Adj EPS 0.911.31.301.50.42.52.83.64.7
YoY Gr.-8.7%28%0%-100%NA-75.7%583.3%15.5%25.7%-
BVPS (₹) 456.67.9018.719.321.724.727.852.9
Adj Net
Profit
19.42126.92721.919.64.832.638.148.565
Cash Flow from Ops. 52.820.557.971.940.556.52760.7129108-
Debt/CF from Ops. 1.63.31.61.32.81.64.42.91.72.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.7%9.1%28.1%18.3%
Adj EPS 16.3%NA114.8%25.7%
BVPS24.1%NA12.9%12.5%
Share Price - - 108.6% 93.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
13.212.413.912.48.36.41.59.59.911.311.7
Op. Profit
Mgn %
11.810.811.51212.111.18.812.213.215.216.5
Net Profit
Mgn %
5.35.25.95.443.51.265.35.77.4
Debt to
Equity
10.60.70.60.50.40.50.60.70.60.3
Working Cap
Days
61717669677610685797465
Cash Conv.
Cycle
-15-8-4-7-42455-227

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.70%

Sales growth is growing at healthy rate in last 3 years 28.10%

Net Profit is growing at healthy rate in last 3 years 114.84%

Debt to equity has declined versus last 3 years average to 0.63

Sales growth is good in last 4 quarters at 11.96%

No data to display

Latest Financials - Artemis Medicare Services Ltd.

Standalone Consolidated
TTM EPS (₹) 4.7 4.7
TTM Sales (₹ Cr.) 879 909
BVPS (₹.) 52.9 52.7
Reserves (₹ Cr.) 715 711
P/BV 5.46 5.49
PE 61.26 61.50
From the Market
52 Week Low / High (₹) 140.60 / 301.95
All Time Low / High (₹) 12.00 / 298.45
Market Cap (₹ Cr.) 3,977
Equity (₹ Cr.) 13.8
Face Value (₹) 1
Industry PE 40.2

Management X-Ray of Artemis Medicare:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.0044.5344.53
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Artemis Medicare

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales367402459503547563402545714845
Operating Expenses 325359407443482501367479621717
Manufacturing Costs143158181209231238156208294347
Material Costs98106120122131138115153185210
Employee Cost 577077909710282102117134
Other Costs 27242922232214162526
Operating Profit 424352596462356694128
Operating Profit Margin (%) 11.4%10.8%11.3%11.8%11.7%11.1%8.7%12.1%13.1%15.2%
Other Income 3554454577
Interest 12999111312111930
Depreciation 12121518202221212938
Exceptional Items 0000003000
Profit Before Tax 2127323537329395368
Tax 36591612261319
Profit After Tax 1922272721207334049
PAT Margin (%) 5.1%5.4%5.9%5.3%3.8%3.6%1.8%6.0%5.6%5.8%
Adjusted EPS (₹)0.91.01.31.30.01.50.52.53.03.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%15%12%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 156184204231280314322354398445
Share Capital 2121212101313131314
Reserves 135163183210280301308341385432
Minority Interest0000000000
Debt58506652917199153198216
Long Term Debt58506652536199153198216
Short Term Debt000038110000
Trade Payables52556267747456588389
Others Liabilities 655691101109122121149227228
Total Liabilities 331345422452555581597713907978

Fixed Assets

Gross Block309331379341434461462585719855
Accumulated Depreciation70829733537490109135156
Net Fixed Assets239249283309381387372476584699
CWIP 012743495681649533
Investments 000002461215
Inventories7666711912139
Trade Receivables40546056797753708583
Cash Equivalents 2461012121529274858
Others Assets21283626263449597180
Total Assets 331345422452555581597713907978

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 5320587241562761129108
PBT 2127323537329395368
Adjustment 23151914263429364656
Changes in Working Capital 10-21824-13-5-8233-12
Tax Paid -10-1-1-10-4-2-16-2-5
Cash Flow From Investing Activity -10-14-74-67-50-22-34-106-153-89
Capex -16-17-75-61-57-19-25-106-134-71
Net Investments 500-76-1-80-15-18
Others 13211-1-10-41
Cash Flow From Financing Activity -35-2419-1014-33134430-27
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -25-1727-2-15636555114
Interest Paid -11-7-8-7-9-10-10-8-15-25
Dividend Paid 000000000-6
Others 000038-28-13-3-6-10
Net Cash Flow 7-183-4526-27-8
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)24.9322.8722.1517.5710.888.832.8212.0212.8513.88
ROCE (%)19.2121.1520.5918.3616.0513.025.9311.8913.8716.48
Asset Turnover Ratio1.141.191.21.151.090.990.680.830.880.9
PAT to CFO Conversion(x)2.790.912.152.671.952.83.861.853.232.2
Working Capital Days
Receivable Days34424542455059413936
Inventory Days6655469765
Payable Days176184177193197195206136139150

Artemis Medicare Services Ltd Stock News

Artemis Medicare Services Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Artemis Medicare on 21-Nov-2024 16:59 is ₹319.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Artemis Medicare stood at ₹3,976.7.
The latest P/E ratio of Artemis Medicare as of 21-Nov-2024 16:59 is 61.26.
The latest P/B ratio of Artemis Medicare as of 21-Nov-2024 16:59 is 5.46.
The 52-week high of Artemis Medicare is ₹301.9 and the 52-week low is ₹140.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Artemis Medicare is ₹878.7 ( Cr.) .

About Artemis Medicare Services Ltd

Artemis Medicare Services Limited was incorporated on May 18, 2004. The Company commenced its commercial operation by setting up Artemis Hospital (formerly Artemis Health Institute) at Gurugram on 16th July, 2007.

Artemis Health Institute, established in 2007, is a healthcare venture launched by the promoters of the Apollo Tyres Group. Artemis is the first Hospital in Gurgaon to get accredited by Joint Commission International (JCI) (in 2013). It is the first Hospital in Haryana to get NABH accreditation within 3 years of start up.

Designed as one of the most advanced in India, Artemis provides a depth of expertise in the spectrum of advanced medical & surgical interventions, comprehensive mix of inpatient and outpatient services. Artemis has put modern technology in the hands of renowned from across the country and abroad to set new standards in healthcare. The medical practices and procedures followed in the hospital are research oriented and benchmarked against the best in the world. Top-notch services, in a warm, open centric environment, clubbed with affordability, has made it one of the most revered hospitals in the country.

Business area of the company

The Company is engaged in the business of managing and operating of multi specialty hospitals.

Awards
  • 2020: First position in CII National HR Circle Competition (Stream: Innovative Leadership during Crisis)by Confederation of Indian Industry (CII)
  • 2019: Kayakalp Award for Excellence in promoting cleanliness, hygiene and infection control by Quality Council of India in association with Ministry of Health and Family Welfare, Government Of India
  • 2019: Healthcare HR Excellence Award by Rxcruit
  • 2019: Indian Healthcare Excellence Awardby Brands Win
  • 2019: Excellence in Healthcare Award at “India’s Most Trusted Healthcare Awards 2019” (Best Bone Marrow Transplant Centre in North India) by My Brand Better
  • 2019: One of India's Top 50 Companies with GPMS (Great People Managers Study) by Great Manager Institute in association with Forbes India
  • 2019: D.L. Shah Quality Silver Award - For the case study End to End Care Delivery by Quality Council of India
  • 2018: FICCI Healthcare Excellence Award 2018 for Service Excellence by FICCI Healthcare
  • 2018: Award for Excellence in Healthcare by The Healthcare Today
  • 2018: Best Multi Super Specialty Hospital in Delhi NCR by Health Care Awards
  • 2017: Best Super Specialty Hospital in Delhi - NCR by Indian Excellence Award 2017
  • 2017: Best Hospital in Quality Treatment - State Health Awards by IMA Punjab & AHPI
  • 2017: Healthcare Transformation Awards - Mobile Innovations in healthcare by NASSCOM dynamic CIO.
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