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Resonance Health Limited (RHT) Fair Value & Analysis

Healthcare · AU · Market cap A$21.5M

RH Resonance Health Limited RHT · AU
PriceA$0.0560
Fair ValueA$0.0338
Upside-39.6%
Quality55/100
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Mixed Growth
Thin margins · 5.6% net margin
Low debt · generates free cash flow
Ranks above peers (8/13)
Narrow moat 42/100
Evidence: Medium Range A$0.0293 – A$0.0383 Share as image

Fair value as of: Jul 11, 2026

From 7 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from A$0.0340 to A$0.0338 (−0.7%) since Jun 26, 2026. Share price +24.4% over the past month.

A solid business, but screening 40% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$0.0383). The favourable scenario is already priced in.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

A$0.2000 A$0.0330 Fair Value A$0.0338 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range A$0.0330 – A$0.2000 · fair‑value band A$0.0293 – A$0.0383 · the A$0.0560 price screens above the A$0.0338 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Resonance Health Limited (RHT) currently trades at A$0.0560, while our model-based Fair Value estimate is A$0.0338, implying the stock looks roughly 39.6% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Resonance Health Limited generated revenue of A$13.8M at a net margin of 5.6%. Revenue grew 53.1% year over year. It earns a return on equity of 7.3%. Fundamentals as of Jul 11, 2026

Our scenario range runs from A$0.0293 (bear case) to A$0.0383 (bull case); at A$0.0560, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 5% below its 52-week high and 70% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -53% fair-value upside, at -40%, RHT screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$0.0200 A$0.0300 A$0.0500 80
Rev-Margin DCF A$0.0200 A$0.0300 A$0.0700 74
NCAV (Graham) A$0.0100 A$0.0100 A$0.0200 50
All 7 models by family
DCF Models
FCF DCF A$0.0200 A$0.0300 A$0.0500 38
5Y Revenue Exit A$0.0200 A$0.0300 A$0.0600 39
10Y Revenue Exit A$0.0200 A$0.0400 A$0.0500 36
Multiples
EV/Revenue A$0.0200 A$0.0200 A$0.0300 43
Asset-Based
NCAV (Graham) A$0.0100 A$0.0100 A$0.0200 50
Growth DCF
Growth DCF A$0.0200 A$0.0300 A$0.0500 80
Rev-Margin DCF A$0.0200 A$0.0300 A$0.0700 74

Widest divergence: DCF Models (A$0.0300) versus Asset-Based (A$0.0100). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$13.8M
Revenue growth (YoY) +53.1%
Net margin 5.6%
Return on equity 7.3%
Free cash flow A$805K FY2025
Operating margin 15.6%
More key figures
EPS growth (YoY) +5.7%
Net debt A$826K FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 53 · Market factors (momentum, volatility) 59

Profitability 28
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 64
Price trend over the last 3–12 months (market factor)
52W Momentum 87
Distance to the 52-week high (market factor)
Net Issuance 85
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Resonance Health Limited, a healthcare technology and services company, designs, develops, manufactures, and commercializes software-as-medical devices (SaMD) in the Asia Pacific, North America, Europe, the Middle East, and Africa. It operates through SaMD, Resonance Clinical, and TrialsWest segments.

Full company description

Resonance Health Limited, a healthcare technology and services company, designs, develops, manufactures, and commercializes software-as-medical devices (SaMD) in the Asia Pacific, North America, Europe, the Middle East, and Africa. It operates through SaMD, Resonance Clinical, and TrialsWest segments. The company offers FerriScan, a non-invasive MRI based solution for quantifying liver iron concentration (LIC); FerriSmart, an artificial intelligence (AI) solution for the automated real-time assessment of LIC; HepaFatScan, a non-invasive MRI-based solution for the assessment of liver-fat in liver tissue; HepaFatSmart, an AI-trained device for the automated real-time multi-metric measurement of liver-fat; LiverSmart, a non-invasive MRI-based multi-parametric device combining FerriSmart and HepaFatSmart into a consolidated report; and CardiacT2, a dual analysis service with FerriScan for assessing heart iron loading. It also provides phantoms comprising FerriScan, R2*/T2*, T1CMR, and T2CMR phantoms for the calibration of MRI machines. In addition, the company operates as an imaging contract research organization that provides comprehensive proposal and project management support, site set-up, imaging charter development, clinical reports, data transfer agreements, and compliance services for clinical trial sponsors. It serves clinicians for the management of human diseases; and pharmaceutical and therapeutic companies for clinical trials. Resonance Health Limited was incorporated in 1987 and is headquartered in Burswood, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Resonance Health Limited reported revenue of A$11.1M in FY2025 versus A$3.8M in FY2021, a compound +30.8%/yr. Reported net income was −A$1.7M in FY2025.

Growth Quality 68/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$11.1M
Latest YoY
+28.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+42.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+24.7%
Avg. growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+1.5%
Revenue +30.8%/yr
FY21 A$3.8M
FY22 A$3.8M
FY23 A$4.4M
FY24 A$8.6M
FY25 A$11.1M
Net income
FY21 A$586K
FY22 −A$1.1M
FY23 −A$780K
FY24 A$169K
FY25 −A$1.7M

RHT screens 40% overvalued. Compare with Veeva Systems Inc →

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Cite: Fair Value Calculator (2026). "Resonance Health Limited Fair Value". https://www.fairvalue-calculator.com/stock/RHT

Peer Group

Health Information Services · 126 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 55 · Below median
Fair Value upside −46% · Below median
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 16% · Top 25%
Revenue growth 53% · Top 25%
Debt / equity 0.27× · Higher than median

Valuation Multiples vs Health Information Services median · lower = cheaper

P/B 1.61× · Cheaper than median
P/S (TTM) 1.10× · Cheaper than median
P/FCF 18.8× · Pricier than median
EV/EBITDA 13.2× · Cheaper than median
PEG 2.55× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 33
PAST 29 · sector 8
HEALTH 87 · sector 98
DIVIDEND 0 · sector 35

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Health Information Services stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Veeva Systems Inc VEEV $190.12 $95.12 -50%
Pro Medicus Limited PME A$194.84 A$23.74 -88%
BrightSpring Health Services, Inc BTSG $68.16 $21.31 -69%
HealthEquity, Inc HQY $97.67 $56.63 -42%
Hinge Health, Inc HNGE $88.80 $24.03 -73%
10x Genomics, Inc TXG $45.75 $17.18 -62%
Waystar Holding WAY $22.69 $12.86 -43%
Doximity, Inc DOCS $22.21 $17.18 -23%
Privia Health Group PRVA $28.10 $5.30 -81%
Inventurus Knowledge Solutions Limited IKS ₹1,846 ₹860.28 -53%

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Frequently asked questions

Is Resonance Health Limited (RHT) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of A$0.0338 versus a price of A$0.0560, about −40% (overvalued).
What is the fair value of RHT?
Our model-based fair value for Resonance Health Limited is A$0.0338 (as of Jul 11, 2026), built from audited fundamentals. The current price is A$0.0560.
What is the quality score of RHT?
Resonance Health Limited has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Resonance Health Limited (RHT)?
Resonance Health Limited reported trailing-twelve-month revenue of about A$13.8M (latest available figure, as of Jul 11, 2026).
What is the net profit margin of RHT?
The net profit margin of Resonance Health Limited is about 5.6%, meaning it keeps roughly 5.6% of revenue as net income. 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.

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