How to Evaluate Hospital Stocks | India's Hospital Industry | Apollo, Max Healthcare, Fortis & More

🤝 Download the PowerUp Money app to select mutual funds intelligently & review your portfolio in minutes https://app.powerup.money/xDsX/shanka... 🤝 Join Stockscans for powerful stock analysis, smart market scans & real-time insights Use code SHANKAR15 for a 15% discount on the price https://www.stockscans.in/pricing?ref... ⭑ Join 60,000+ investors who read my newsletter regularly Subscribe at https://shankarnath.substack.com/ With over 1.3 billion people, the demand for quality healthcare services in India is immense and central to India's healthcare landscape are its 70,000 public and private hospitals. In this video, we delve into the three main facets that shape the hospital industry in India, providing a comprehensive understanding of its dynamics 1. Hospital's Business Model - We examine Indian hospitals in regards to its demand cyclicity, capital-intensive nature of business, economies of scale enjoyed by large multi-speciality hospitals, the insurance conundrum and the regulatory risks that hospitals face 2. Hospital's Operating Efficiency (Key Performance Metrics) - Here we delved into 4 important metrics that includes the Occupancy Rate, the Average Revenue per Occupied Bed (ARPOB), the Average Length of Stay (ALOS) and the Payor Mix. We examined this for India's leading listed hospitals which includes Apollo Hospitals, Max Healthcare, Fortis Healthcare, Narayana Hrudayalaya, Aster DM Healthcare, Krishna Institute of Medical Sciences (KIMS), Rainbow Childrens Medicare, Healthcare Global Enterprises (HCG) and Shalby Limited 3. Hospital's Valuation and Financial Metrics - In this section, we examine the importance of revenue growth, earnings per share (EPS) growth, EBITDA margin, capital expenditure and the EV-on-EBITDA across hospitals and time periods to help investors make informed investment decisions 👉 Video Chapters: 00:00 India's Hospital Industry 00:57 1. Low Demand Cyclicity 01:28 2. Capital Requirements 02:20 3. Economies of Scale 04:31 4. Mature Hospitals 06:14 5. Insurance Coverage 07:12 6. Regulatory Risk 09:00 7. Occupancy Rate 10:19 8. Average Revenue Per Occupied Bed 12:36 9. Average Length of Stay 13:52 10. Payor Mix 15:17 11. Revenue Growth 16:20 12. Earnings Growth 17:12 13. EBITDA Margin 18:52 14. Capital Expenditure 20:29 15. EV-on-EBITDA 21:30 Shankar's Viewpoint 👉 Useful Reading Resources: ‣ Excellent article by Dr. Vijay Malik: https://www.drvijaymalik.com/hospitals/ ‣ Report by IIFL Securities: https://iiflcap.com/Upload/Research/I... ‣ Healthcare Sector by HDFC Securities: https://www.hdfcsec.com/hsl.docs//Ind... ‣ Overview of Hospital Industry (PPT): https://ppfasfof.com/wp-content/uploa... 🔥 Top Videos on My Channel (don't forget to subscribe) ‣ 9 Retirement Planning Strategies for Regular & Safe Income:    • 9 Retirement Planning Strategies for Regul...   ‣ Build a Monopoly Stocks Portfolio (27% Return):    • How to Build a Portfolio of Monopoly Stock...   ‣ Coffee Can Investing:    • How to Build a Coffee Can Investing Portfo...   ‣ Peter Lynch's Strategy of Stock Picking:    • I Copied Peter Lynch's Investing Strategy ...   🙌 Join my community on: ‣ Youtube:    / @shankarnath   ‣ Instagram:   / shankarnathofficial   ‣ LinkedIn:   / shankarnath   ‣ Twitter:   / shankarnath   #apollohospital #maxhospital #fortishospital #narayanahealth Disclaimer: I am not a SEBI registered investment advisor or research analyst. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented