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Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics in the United Kingdom. The company operates in three segments: Hospitals Business, Vita Health Group, and The Doctors Clinic Group. It provides diagnostics, inpatient, day case, and outpatient care in areas, including orthopedics, gynaecology, cardiology, neurology, oncology, and general surgery; and primary care needs of outpatients, such as GP services, occupational health services, and mental and physical health services. The company also offers various treatments in the areas of allergy and infectious diseases, blood tests, bones and joints, bowel treatments, breast screening and surgery, cancer investigations and treatments, cosmetic surgery, cyst removal, and dental surgery, as well as ear, nose, and throat treatments. In addition, it provides eye surgery and treatments, family planning, gastroenterology, general medicine, haematology, hand surgery, hip and knee treatment, and heart and kidney treatments. Further, the company offers treatments in the areas of men's health, neurosurgery and neurology, paediatrics, pain management, rehabilitation, sports, physiotherapy, podiatry, respiratory medicine, and rheumatology; and scans and investigations, skin treatments, spinal surgery and treatments, sports science, urology, vascular surgery, weight loss, and women's health. Additionally, it provides treatments in the areas of back surgery, breast enlargement, cataract removal surgery, gastric bypass surgery, and prostate surgery; and offers various tests and scans, which include cardiac CT, CT, MRI, ultrasound, and X-ray scans. Spire Healthcare Group plc was founded in 2007 and is headquartered in London, the United Kingdom.
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Spire Healthcare Group Plc runs private hospitals, clinics and diagnostic centres in the UK offering elective surgery, outpatient care and diagnostics to insured, self-pay and NHS-funded patients. Long-term growth may be supported by an ageing population, NHS waiting lists that drive outsourced elective demand and expansion of outpatient diagnostics. The company appears positioned to benefit from scale in UK private care.
Key risks include regulatory and reimbursement changes, reliance on NHS and insurer contracts and margin pressure from staffing shortages and cost inflation that could reduce volumes and profitability.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 18.60M | 38.30M | 34.60M | 3.90M | -1.90M |
| Minority interest | - | -0.60M | -0.60M | 0.40M | -0.80M |
| Net income | 16.40M | 25.40M | 27.30M | 8.60M | -8.90M |
| Gross profit | 599.10M | 683.60M | 520.60M | 538.40M | 491.20M |
| Reconciled depreciation | - | 112.20M | 103.60M | 97.90M | 97.10M |
| Ebit | 142.90M | 138.20M | 127.60M | 95.40M | 87.00M |
| Ebitda | 262.50M | 250.40M | 231.20M | 187.80M | 177.20M |
| Depreciation and amortization | 119.60M | 112.20M | 103.60M | 92.40M | 90.20M |
| Operating income | 142.90M | 137.50M | 126.50M | 95.40M | 87.00M |
| Other operating expenses | 1436.90M | 1373.70M | 1232.50M | 1106.10M | 1026.20M |
| Interest expense | 105.00M | 98.40M | 93.00M | 85.90M | 87.80M |
| Tax provision | - | 12.30M | 6.70M | -4.30M | 7.00M |
| Interest income | - | 0.70M | 1.40M | 0.00M | 0.00M |
| Net interest income | - | -99.20M | -91.60M | -91.50M | -88.80M |
| Income tax expense | 1.40M | 12.30M | 6.70M | -4.30M | 7.00M |
| Total revenue | 1579.80M | 1511.20M | 1359.00M | 1198.50M | 1106.20M |
| Total operating expenses | 456.20M | 546.10M | 394.10M | 446.00M | 411.20M |
| Cost of revenue | 980.70M | 827.60M | 838.40M | 660.10M | 615.00M |
| Total other income expense net | -124.30M | -99.20M | -91.90M | -91.50M | -88.90M |
| Net income from continuing ops | - | 26.00M | 27.90M | 8.20M | -8.90M |
| Net income applicable to common shares | - | - | - | 8.60M | -9.70M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2377.10M | 2343.20M | 2288.10M | 2159.80M | 2237.40M |
| Intangible assets | 25.10M | 25.80M | 27.20M | - | - |
| Other current assets | 28.70M | 29.70M | 27.00M | 1.10M | 104.00M |
| Total liab | 1633.40M | 1597.00M | 1550.30M | 1434.70M | 1532.60M |
| Total stockholder equity | 742.80M | 748.40M | 739.90M | 731.00M | 709.60M |
| Other current liab | 141.70M | 132.90M | 139.20M | 120.50M | 157.90M |
| Common stock | 4.00M | 4.00M | 4.00M | 4.00M | 4.00M |
| Capital stock | - | 4.00M | 4.00M | 4.00M | 4.00M |
| Retained earnings | -463.20M | -462.90M | -472.80M | -485.70M | -496.10M |
| Other liab | - | - | - | 56.20M | 57.70M |
| Good will | 419.70M | 411.60M | 411.10M | 345.80M | 334.80M |
| Other assets | - | - | - | 4.60M | - |
| Cash | 34.70M | 41.20M | 49.60M | 74.20M | 202.60M |
| Total current liabilities | 346.80M | 341.70M | 317.60M | 283.40M | 302.10M |
| Current deferred revenue | 8.30M | - | 10.40M | - | - |
| Net debt | 1281.10M | 1238.70M | 1207.40M | 1116.60M | 1062.70M |
| Short term debt | 110.70M | 105.40M | 101.80M | 95.70M | 92.50M |
| Short long term debt | - | 3.60M | 3.40M | 2.90M | 5.70M |
| Short long term debt total | 1315.80M | 1279.90M | 1257.00M | 1190.80M | 1265.30M |
| Other stockholder equity | 825.80M | 829.10M | 829.30M | 1212.70M | 1201.70M |
| Property plant equipment | - | - | - | 1584.40M | 1553.50M |
| Total current assets | 217.60M | 225.30M | 220.60M | 220.00M | 346.80M |
| Net tangible assets | - | - | - | 385.20M | 374.80M |
| Short term investments | - | 2.50M | 10.00M | - | - |
| Net receivables | 108.00M | 105.30M | 99.70M | 54.80M | 80.80M |
| Long term debt | - | 363.50M | 361.90M | 321.40M | 421.80M |
| Inventory | 46.20M | 46.60M | 44.30M | 40.60M | 40.20M |
| Accounts payable | 86.10M | 84.90M | 63.90M | 67.20M | 51.70M |
| Accumulated other comprehensive income | 376.20M | 378.20M | 379.40M | - | - |
| Non currrent assets other | 3.90M | 16.70M | 10.40M | 9.60M | 2.30M |
| Non current assets total | 2159.50M | 2117.90M | 2067.50M | 1939.80M | 1890.60M |
| Capital lease obligations | - | 912.80M | 891.70M | 866.50M | 837.80M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -99.00M | -157.20M | -95.30M | 0.40M |
| Change to liabilities | - | - | - | 8.20M | 14.30M |
| Total cashflows from investing activities | -90.40M | -99.00M | -157.20M | -95.30M | -48.30M |
| Net borrowings | - | 0.00M | 40.00M | -120.20M | -14.70M |
| Total cash from financing activities | -135.40M | -145.10M | -82.90M | -214.70M | -39.20M |
| Change to operating activities | - | - | - | -15.90M | -2.70M |
| Net income | 16.40M | 25.40M | 27.30M | 3.90M | -1.90M |
| Change in cash | -6.50M | -8.40M | -24.60M | -128.40M | 96.30M |
| Begin period cash flow | 41.20M | 49.60M | 74.20M | 202.60M | 106.30M |
| End period cash flow | 34.70M | 41.20M | 49.60M | 74.20M | 202.60M |
| Total cash from operating activities | 219.30M | 235.70M | 215.50M | 181.60M | 183.80M |
| Issuance of capital stock | - | -8.50M | -0.60M | 3.10M | - |
| Depreciation | 119.60M | 112.20M | 103.60M | 97.90M | 97.10M |
| Other cashflows from investing activities | - | 10.30M | 0.40M | - | - |
| Dividends paid | 9.20M | 8.50M | 2.00M | 0.30M | 0.10M |
| Change to inventory | 0.40M | -2.30M | -3.70M | -0.40M | -1.90M |
| Change to account receivables | -5.10M | -11.00M | -12.70M | -6.90M | 1.70M |
| Sale purchase of stock | -8.70M | -11.60M | -3.10M | - | - |
| Other cashflows from financing activities | -119.70M | -98.80M | -117.20M | 207.50M | -48.30M |
| Change to netincome | - | - | - | 90.10M | 85.00M |
| Capital expenditures | 76.30M | 112.10M | 84.40M | 87.70M | 69.30M |
| Change in working capital | -5.20M | -16.00M | -15.50M | -15.00M | 11.40M |
| Stock based compensation | - | 4.70M | 3.70M | 2.30M | 2.80M |
| Other non cash items | 88.50M | 109.40M | 96.40M | 92.50M | 98.10M |
| Free cash flow | 143.00M | 123.60M | 115.50M | 93.90M | 114.50M |
Sector: Healthcare Industry: Medical Care Facilities
|
Stock Name
|
Change
(GBX) |
Price
(GBX) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SPI Spire Healthcare Group Plc |
- -% |
248.50 | 37.06 | 13.91 | 0.38 | 0.78 | 1.18 | 7.70 |
| CVSG CVS Group Plc |
12.00 0.92% |
1316.00 | 50.87 | 12.08 | 1.18 | 2.69 | 1.52 | 9.51 |
| OHGR One Health Group Plc |
2.00 0.65% |
310.00 | 24.09 | 18.15 | 1.06 | 2.75 | 0.75 | 10.53 |
| KNB Kanabo Group PLC |
-0.22 99.02% |
0.00 | - | - | 1.25 | 0.24 | 0.07 | -2.21 |
Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics in the United Kingdom. The company operates in three segments: Hospitals Business, Vita Health Group, and The Doctors Clinic Group. It provides diagnostics, inpatient, day case, and outpatient care in areas, including orthopedics, gynaecology, cardiology, neurology, oncology, and general surgery; and primary care needs of outpatients, such as GP services, occupational health services, and mental and physical health services. The company also offers various treatments in the areas of allergy and infectious diseases, blood tests, bones and joints, bowel treatments, breast screening and surgery, cancer investigations and treatments, cosmetic surgery, cyst removal, and dental surgery, as well as ear, nose, and throat treatments. In addition, it provides eye surgery and treatments, family planning, gastroenterology, general medicine, haematology, hand surgery, hip and knee treatment, and heart and kidney treatments. Further, the company offers treatments in the areas of men's health, neurosurgery and neurology, paediatrics, pain management, rehabilitation, sports, physiotherapy, podiatry, respiratory medicine, and rheumatology; and scans and investigations, skin treatments, spinal surgery and treatments, sports science, urology, vascular surgery, weight loss, and women's health. Additionally, it provides treatments in the areas of back surgery, breast enlargement, cataract removal surgery, gastric bypass surgery, and prostate surgery; and offers various tests and scans, which include cardiac CT, CT, MRI, ultrasound, and X-ray scans. Spire Healthcare Group plc was founded in 2007 and is headquartered in London, the United Kingdom.
3 Dorset Rise, London, United Kingdom, EC4Y 8EN
44 20 7427 9000
17000
| Name | Title | Year Born |
|---|---|---|
| Mr. Justin J. Ash BA (Hons) | CEO & Exec. Director | NA |
| Mr. Jitesh Himatlal Sodha | CFO & Exec. Director (Leave of Absence) | 1968 |
| Harbant Samra | Group Financial Controller & CFO | NA |
| Mr. John Forrest | Chief Operating Officer | NA |
| Angus Prentice | Interim Head of Investor Relations | NA |
| Ms. Shelley Thomas | Group Human Resurces Director | NA |
| Mr. Mathew Mason | Head of Supply Chain & Purchasing (Central) | NA |
| Mr. Peter Corfield | Chief Commercial Officer | NA |
| Philip Davies | Company Sec. | NA |
| Mr. Justinian Joseph Ash BA (Hons) | CEO & Executive Director | 1965 |
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