SHL share price in focus
Sonic Healthcare, listed in April 1987, has grown into one of the world’s largest pathology businesses, with operations spanning Australia, New Zealand, Europe, and North America.
The company provides a wide range of services, including laboratory medicine, pathology, diagnostic imaging, radiology, general practice medicine, and corporate medical services.
Sonic Healthcare is committed to prioritizing the needs of doctors and their patients, striving for medical excellence while fostering a supportive and desirable workplace.
XRO shares
Xero founder Rod Drury started the company in 2006 in Wellington, New Zealand. He led the company until 2018 and remained on the board until 2023. Today, Xero helps millions of people and businesses manage their accounting and tax obligations across the globe.
The cloud-based accounting software developed by Xero is primarily for accountants and bookkeepers to better service their small business customers.
Through Xero, small business owners and their advisors have access to real-time financial data on any device. Xero provides its core cloud accounting software to customers in New Zealand, Australia, the UK and, over the last few years has been working hard to break into the US market.
SHL & XRO share price valuation
As a growth company, some of the trends we might investigate from SHL include revenue growth, profit growth, and return on equity (ROE). These measures can indicate the growth rates and prospects of the company, as well as their ability to generate returns from their assets.
Since 2021, SHL has grown revenue at a rate of 0.8% per year to reach $8,967m in FY24. Over the same stretch of time, net profit has fallen from $1,315m to $511m. As for ROE, SHL last reported a ROE of 6.8%.
Over the last 3 years, XRO has increased revenue at a rate of 26.4% per year to hit $1,714m in FY24. Meanwhile, net profit has increased from -$9m to $175m. As for ROE, XRO’s last reported figure was 14.3%.
Please keep in mind that context is important. These metrics give us some indication of company performance, but it’s just the start of valuing SHL or XRO shares. To learn more about valuation, check out one of our free online investing courses.
