I believe Health-care business are resilence in nature. Below listed Health-care stocks for a general comparison:
Cordlife - 68 cents
PE around 15
PB about 2
Revenue growth about 20%. Profit about 50%
Net profit margin = 34%
IHH - $1.335
PE about 70
PB 0.6
Revenue growth - not consistence
Net profit margin = 11%
Pacific Healthcare - 7.5 cents
PE - making lost
PB about 3.5
Growth - Negative
Q & M 32.5 cents
PE more than 30
PB more than 6
Revenue growth about 20%. Profit about 10%
Net profit margin about 10%
Raffles Mediccal $3.15
PE more than 30
PB more than 4
Revenue growth about 10%. Profit about 10%.
Net profit margin less than 20%
CORDLIFE clearly top the lists in term of growth, profit margin & best of all yield. Useing PE as a comparison it's the cheapest.
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CORDLIFE is the cheapest Health-Care stocks & even at today's close of 91.5 cts with divident yield of more than 3%.
The recent rise in Cordlife share price I believe is "Playing Catch-Up" with the more established Health-care stocks.