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Ramsay Générale de Santé SA (GDS) Fair Value & Analysis

Healthcare · FR · Market cap €1.3B

RG Ramsay Générale de Santé SA GDS · PA
Price€11.15
Fair Value€45.14
Upside+304.8%
Quality94/100
Evidence: Low Range €25.44 – €64.85

Fair value as of: Jun 25, 2026

From 16 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from €46.69 to €45.14 (−3.3%) since Jun 24, 2026. Share price −0.9% over the past month.

Price vs Fair Value (12 months)

€11.25 €8.61 Fair Value €45.14 Jul 2025 Jun 2026

12‑month range €8.61 – €11.25 · fair‑value band €25.44 – €64.85 · the €11.15 price screens below the €45.14 fair value. As of Jun 25, 2026.

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Analysis

Ramsay Générale de Santé SA (GDS) currently trades at €11.15, while our model-based Fair Value estimate is €45.14 — implying the stock looks roughly 304.8% undervalued today. We read business quality at 94/100 (high quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Ramsay Générale de Santé SA generated revenue of €5.4B at a net margin of -0.5%. Revenue grew 2.7% year over year. It earns a return on equity of -2.2%. Net debt stands at €3.7B. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) €5.4B
Revenue growth (YoY) +2.7%
Net margin -0.5%
Return on equity -2.2%
Free cash flow €551M FY2025
Operating margin 4.7%
More key figures
EPS (TTM) €-0.3800
EPS growth (YoY) -90.6%
Net debt €3.7B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Ramsay Générale de Santé SA operates healthcare facilities in France, Sweden, Norway, Denmark, and Italy. The company operates medical centres, and mental health day care centres in France; and provides primary medicine, medicine surgery obstetrics (MSO) dialysis, oncology, medical imaging, medical care, follow-up and rehabilitation care, geriatrics, home care and hospitalization, mental health care, and addiction treatment, telemedicine e health, elderly, emergency, maternity, nutrition, obesity and eating disorders, outpatient surgery and eras, relaxation therapy, cardiac and neuro surgery, clinical and biological activities in medically assisted reproduction, cancer treatment for external radiotherapy and brachytherapy, and SMR services. The company was formerly known as Générale de Santé SA and changed its name to Ramsay Générale de Santé SA in December 2015. The company was founded in 1987 and is headquartered in Paris, France. Ramsay Générale de Santé SA operates as a subsidia…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ramsay Générale de Santé SA reported revenue of €5.2B in FY2025 versus €4.0B in FY2021, a compound +6.8%/yr. Reported net income was −€54.1M in FY2025.

Revenue +6.8%/yr
FY21 €4.0B
FY22 €4.3B
FY23 €4.7B
FY24 €5.0B
FY25 €5.2B
Net income
FY21 €65.0M
FY22 €118M
FY23 €49.4M
FY24 −€53.9M
FY25 −€54.1M

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Similar stocks

6 more Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

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HCA Healthcare, Inc H1CA34 R$96.00 R$25.67 -73%
Fresenius SE FSNUY $11.47 $8.55 -25%
5225 5225 8.70 MYR 2.61 MYR -70%
IHHHF IHHHF $1.71 $1.17 -32%
Tenet Healthcare Corporation THC $162.06 $282.55 +74%
Rede D'Or São Luiz S.A RDOR3 R$32.76 R$30.33 -7%

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Frequently asked questions

Is Ramsay Générale de Santé SA (GDS) undervalued?
As of Jun 25, 2026, our model estimates a fair value of €45.14 versus a price of €11.15 — about +305% (undervalued). Model-based estimate, not financial advice.
What is the fair value of GDS?
Our 21-model fair value for Ramsay Générale de Santé SA is €45.14 (as of Jun 25, 2026), built from audited fundamentals. The current price is €11.15.
What is the quality score of GDS?
Ramsay Générale de Santé SA has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ramsay Générale de Santé SA (GDS)?
Ramsay Générale de Santé SA reported trailing-twelve-month revenue of about €5.4B (latest available figure, as of Jun 25, 2026).
What is the net profit margin of GDS?
The net profit margin of Ramsay Générale de Santé SA is about -0.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.