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Raffles Medical Group (BSL) Share Price & Analysis

BSL Stock Chart & Stats

SGD 0.82-SGD 0.01(-0.61%)
At close: 5:07 PM GMT+8
S$0.8S$0.825S$0.85S$0.87511 Aug24 Aug7 Sep21 Sep5 Oct19 Oct2 Nov
Day’s Range
SGD 0.81 - SGD 0.83
52-Week Range
SGD 0.81 - SGD 1.08
Previous Close
SGD 0.82
Volume
N/A
Average Volume (3M)
2.65M
Market Cap
SGD 1.55B
Enterprise Value
SGD 1.46B
Total Cash (Recent Filing)
SGD 262.30M
Total Debt (Recent Filing)
SGD 34.18M
Price to Earnings (P/E)
22.4
Beta
0.26
Next Earnings
N/A
EPS Estimate
N/A
Last Dividend Ex-Date
May 12, 2026
Dividend Yield
3.68%

Bulls Say, Bears Say

Bulls Say

Low Leverage

A very low debt/equity (~0.08x) materially reduces financial risk and preserves strategic optionality. Over the next 2–6 months this balance-sheet strength supports resilience in downturns, capacity for targeted investment or acquisitions, and maintains liquidity for operations and dividends.

Strong Cash Generation

Robust absolute cash flow (OCF S$109M; FCF S$101M) with FCF close to reported earnings indicates high cash quality. This durable cash generation underpins reinvestment, dividend funding and capital expenditure without reliance on external financing, improving long-term financial flexibility.

Integrated Care Network

A vertically integrated model (primary care clinics, specialist centres, diagnostics and hospital services) and recurring corporate contracts creates durable referral flows, diversified revenue streams and higher customer retention, supporting more stable utilization and revenue mix over time.

Bears Say

Slowing Revenue Growth

Revenue has decelerated into slight decline, reflecting a weakening top-line trend. Over the coming months, a sustained slowdown constrains margin recovery, reduces economies of scale in clinical operations, and limits capacity to reaccelerate profit growth without structural demand or mix improvements.

Margin Compression

Net margin has fallen sharply from prior peaks, signaling persistent pressure from cost inflation, less favorable case mix or pricing/reimbursement headwinds. Lower sustainable margins impair returns on invested capital and reduce the cushion for reinvestment or dividend maintenance if trends continue.

Lower Cash Conversion Vs Revenue

Although absolute FCF is strong, OCF relative to revenue (~0.33) is modest, suggesting working-capital inefficiencies or timing differences. Persistently low cash conversion versus revenue can constrain reinvestment efficiency and makes cash buffers more sensitive to revenue volatility over the medium term.

Raffles Medical Group News

BSL FAQ

What was Raffles Medical Group’s price range in the past 12 months?
Raffles Medical Group lowest share price was S$0.81 and its highest was S$1.08 in the past 12 months.
What is Raffles Medical Group’s market cap?
Raffles Medical Group’s market cap is S$1.55B.
When is Raffles Medical Group’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Raffles Medical Group’s earnings last quarter?
Raffles Medical Group released its earnings results on Jul 26, 2026. The company reported S$0.016 earnings per share for the quarter.
Is Raffles Medical Group overvalued?
According to Wall Street analysts Raffles Medical Group’s price is currently Undervalued.
Does Raffles Medical Group pay dividends?
Raffles Medical Group pays a Annually dividend of S$0.03 which represents an annual dividend yield of 3.68%. See more information on Raffles Medical Group dividends here
What is Raffles Medical Group’s EPS estimate?
Raffles Medical Group’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Raffles Medical Group have?
Raffles Medical Group has 1,884,544,900 shares outstanding.
What happened to Raffles Medical Group’s price movement after its last earnings report?
Raffles Medical Group reported an EPS of S$0.016 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Raffles Medical Group?
Currently, no hedge funds are holding shares in SG:BSL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology