Sonic Healthcare Ltd – (ASX-SHL) Buy
Last Price: A$ 34.53| Fair Value: A$ 36.90
Investment Thesis
On valuation grounds relative to the current share price, SHL trades fair value.
Key Risks
Key Highlights: Relative to the pcp and on a constant currency basis:
Company Description
Sonic Healthcare (SHL) is a medical diagnostics company with operations in Australia, New Zealand, and Europe. The company provides a comprehensive range of pathology and diagnostic imaging services to medical practitioners, hospitals and their patients along with providing administrative services and facilities to medical practitioners. SHL has three main segments: (1) Pathology/clinical laboratory services based in Australia, NZ, UK, US, Germany, Switzerland, Belgium and Ireland. (2) Diagnostic imaging services in Australia; and (3) Other which includes medical centre operations (IPN), occupational health services (Sonic Health Plus) and laboratory automation development (GLP Systems).
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