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← CockpitCompetitor Analysis › GHC.MI Garofalo Health Care S.P.A.Open in the cockpit ↗

Garofalo Health Care S.P.A.GHC.MICompetitor analysis, valuation and peers

Italy · EUR·Health Care›Hospital/Nursing Management
Momentum neutral 47
Mkt cap
$540M
US dollars, full cap
Free float
23%
of shares outstanding
$/day
$129,270
20-day average traded
Fwd P/E
20.9×
forward earnings
ROIC−WACC
+0.4 pp
WACC 5.8%
Hurdle
-16 pp
Req g minus delivered
Next earnings
26 days
2 Dec 2026
Close · EUR€5.36
1D-0.4%
1W0.0%
1M-0.7%
3M-5.0%
6M+0.8%
YTD-4.1%
1Y+6.8%
ATR %1.6%
52w lowhigh9.9% off high

What Garofalo Health Care does

Employees: 2,714

Garofalo Health Care at a glance

Size Garofalo Health Care (GHC.MI) is an Italy Health Care company (Hospital/Nursing Management) with a market value of $540M, the 105th largest of 123 Italy companies the cockpit tracks. Shares closed at €5.36 on 6 Nov 2026.

Performance Over six months the shares gained 0.8%, against -7.2% for the median peer and +3.1% for the Italy market (cap-weighted) — 9th highest of 20 in its peer set.

Growth Revenue grew 3.7% over the last twelve months (peer median +10.9%); the operating margin is 10.4% (peer median 8.8%).

Valuation It trades at 20.9× forward earnings against a peer median of 22.5× (7th cheapest of 14).

Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -16 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.4 points above its cost of capital (5.8% WACC).

Next results Next results expected around 2 Dec 2026 (exchange calendar; dates can move).

Relative performance

9510010511 May 202611 Aug 20266 Nov 2026GHC.MI 102Peer median 92
Six months, rebased to 100: Garofalo Health Care against the median of its 20 peers (local-currency closes).

Garofalo Health Care financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€487M€479M€462M€361M€315M
Revenue growth—+4%+28%+15%—
Gross profit€67.5M€121M€120M€96.5M€88.1M
EBITDA€80.1M€75.7M€73.8M€61.8M€52.6M
Net income€19.2M€23.4M€21.7M€20.8M€21.4M
Free cash flow€15.3M€18.1M€16.7M€34.6M€30.2M
Capital expenditure€42.6M€33.5M€21.6M€17.1M€15.0M
Total debt€243M€226M€230M€228M€176M

Quarterly statements and history in the cockpit →

Garofalo Health Care competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%ARTEMISMED2609KOVAI3012391515VOX301103QC7VMDINDRAMEDCOCYHCBAVHCGA50JLHLMEDYATHARTHRHKGDSGHC.MI6-month return →1-month return →
Up and to the right = strong over both horizons. Garofalo Health Care is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%20×40×60×ARTEMISMED3012391515VOXQC7VMDINDRAMEDCOCBAVHCGJLHLMEDYATHARTHRHKGHC.MIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Garofalo Health Care is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%ARTEMISMED2609KOVAI3012391515VOX301103QC7VMDINDRAMEDCOCBAVA50MEDGDSGHC.MIGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Garofalo Health Care is the large dot.

Garofalo Health Care competitors and peer comparison

How Garofalo Health Care compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Garofalo Health Care against its 20 peers (data as of 6 Nov 2026)
MeasureGHC.MIPeer medianRank in peer set
1-month return-0.7%-3.0%10th highest of 20
6-month return+0.8%-7.2%9th highest of 20
Distance from 52-week high-9.9%-23.5%5th highest of 20
Revenue growth (TTM)+3.7%+10.9%7th lowest of 21
Operating margin10.4%8.8%9th highest of 21
Forward P/E20.9×22.5×7th cheapest of 14
Growth the price implies (Req g, 7 yrs)1.8%6.2%7th least demanding of 15
Growth delivered (Del g)+18.3%+13.9%5th highest of 15
Hurdle (Req g minus delivered)-16.5 pp-5.0 pp4th least demanding of 15
ROIC minus cost of capital+0.4 pp+1.6 pp10th lowest of 21
EV / EBITDA8.9×12.4×9th cheapest of 19
Net debt / EBITDA2.7×0.5×5th most indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Garofalo Health Care GHC.MIItaly$540M+1%+4%10%20.9×1.8%+18.3%
Artemis Medicare Services ARTEMISMED.NSIndia$514M+16%+15%14%37.6×45.8%+21.5%
Bayzed Health 2609.HKHong Kong$453M-49%-2%5%n/a17.4%+9.2%
Kovai Medical Center & Hospital KOVAI.NSIndia$689M+4%+15%21%n/a16.3%+18.1%
Bright Eye Hospital 301239.SZChina$419M-23%+11%9%46.2×-3.7%+15.5%
China Resources Medical 1515.HKHong Kong$415M-12%0%6%5.7×-7.3%+26.3%
Voxel VOX.WAPoland$405M+50%+14%24%13.7×1.1%+12.2%
Liaoning He Eye Hospital 301103.SZChina$365M-21%+3%4%n/a-2.1%+5.4%
Q & M Dental Group (Singapore) QC7.SISingapore$353M-18%+16%9%34.5×8.2%+7.5%
Viemed Healthcare VMDUnited States$348M+2%+25%8%18.1×6.2%+15.5%
Paras Healthcare PARASHLTH.NSIndia$844Mn/a+24%11%n/an/an/a
Indraprastha Medical INDRAMEDCO.NSIndia$321M-21%+11%15%14.7×16.7%+19.3%
Community Health Systems CYHUnited States$312M-21%-8%7%n/an/an/a
Clinica Baviera CBAV.MCSpain$940M-7%+11%20%18.2×0.7%+19.7%
HealthCare Global Enterprises HCG.NSIndia$950M-2%+14%8%67.3×n/an/a
Thomson Medical A50.SISingapore$953M-21%+6%10%n/a20.9%+11.8%
Jupiter Life Line Hospitals JLHL.NSIndia$1,000M+14%+17%16%48.5×n/an/a
MEDICLIN Aktiengesellschaft MED.DEGermany$285M+48%+3%8%6.8×-9.1%+3.5%
Yatharth Hospital and Trauma Care Services YATHARTH.NSIndia$1.05B+25%+50%16%41.0×n/an/a
Rhon-klinikum RHK.DEGermany$1.08B+14%+5%3%22.5×n/an/a
Ramsay Generale de Sante GDS.PAFrance$1.09B-15%+3%4%n/a6.3%+6.0%

Questions

Which companies are Garofalo Health Care's closest peers?
The cockpit's peer set: Artemis Medicare Services (ARTEMISMED.NS), Bayzed Health (2609.HK), Kovai Medical Center & Hospital (KOVAI.NS), Bright Eye Hospital (301239.SZ), China Resources Medical (1515.HK), Voxel (VOX.WA), Liaoning He Eye Hospital (301103.SZ), Q & M Dental Group (Singapore) (QC7.SI).
Is Garofalo Health Care expensive compared with its peers?
On forward p/e it trades at 20.9× against a peer median of 22.5×, 7th cheapest of 14 in its peer set. For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -16 pp: the price already allows for a slowdown.
How has Garofalo Health Care stock performed?
Over six months to 6 Nov 2026 the shares returned +0.8% against -7.2% for the median peer; over one year +6.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.