Australian (ASX) Medical Equipment Industry Analysis
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies26
- 7D-1.1%
- 3M4.0%
- 1Y24.7%
- YTDn/a
In the last week, the Medical Equipment industry is flat overall, with Anteris Technologies standing out by going down 5.2%. As for the the longer term, the industry is up 27% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Australian Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | AU$22.7b | AU$2.5b | AU$33.3m | 36x | 680.7x | 9.2x |
| Sat, 30 Mar 2024 | AU$24.1b | AU$2.5b | AU$33.5m | 38.8x | 719.9x | 9.7x |
| Mon, 26 Feb 2024 | AU$24.2b | AU$2.4b | AU$85.6m | 46.6x | 282.9x | 9.9x |
| Wed, 24 Jan 2024 | AU$21.5b | AU$2.2b | AU$31.2m | 45.4x | 689.3x | 9.6x |
| Fri, 22 Dec 2023 | AU$21.0b | AU$2.2b | AU$32.7m | 44.9x | 642.2x | 9.4x |
| Sun, 19 Nov 2023 | AU$18.7b | AU$2.2b | AU$30.7m | 40.4x | 610.4x | 8.4x |
| Tue, 17 Oct 2023 | AU$18.6b | AU$2.2b | AU$26.3m | 40.2x | 707.1x | 8.3x |
| Thu, 14 Sep 2023 | AU$19.2b | AU$2.2b | AU$27.4m | 40.1x | 699.5x | 8.6x |
| Sat, 12 Aug 2023 | AU$17.4b | AU$2.0b | -AU$58,544,296.00 | 41x | -297.7x | 8.7x |
| Mon, 10 Jul 2023 | AU$16.5b | AU$2.0b | -AU$62,544,443.00 | 39.1x | -263.4x | 8.2x |
| Wed, 07 Jun 2023 | AU$17.6b | AU$2.0b | -AU$62,881,927.00 | 39.2x | -279.6x | 8.7x |
| Fri, 05 May 2023 | AU$18.1b | AU$2.0b | -AU$63,391,329.00 | 39.8x | -284.8x | 9x |
| Sun, 02 Apr 2023 | AU$17.2b | AU$2.0b | -AU$63,244,703.00 | 38x | -272.5x | 8.6x |
| Tue, 28 Feb 2023 | AU$16.6b | AU$2.0b | -AU$58,521,698.00 | 22.8x | -283x | 8.3x |
| Thu, 26 Jan 2023 | AU$15.1b | AU$1.9b | -AU$12,775,707.00 | 23.5x | -1184.6x | 7.9x |
| Sat, 24 Dec 2022 | AU$14.9b | AU$1.9b | -AU$17,484,869.00 | 26.1x | -853.8x | 7.7x |
| Mon, 21 Nov 2022 | AU$15.3b | AU$1.9b | -AU$17,791,187.00 | 30.1x | -859.3x | 7.9x |
| Wed, 19 Oct 2022 | AU$14.8b | AU$1.9b | -AU$21,908,168.00 | 29.4x | -676.3x | 7.7x |
| Fri, 16 Sep 2022 | AU$15.7b | AU$1.9b | -AU$14,333,035.00 | 33.3x | -1097.6x | 8.2x |
| Sun, 14 Aug 2022 | AU$16.2b | AU$1.8b | -AU$2,827,387.00 | 31.7x | -5726.3x | 8.8x |
| Tue, 12 Jul 2022 | AU$15.0b | AU$1.8b | -AU$3,029,693.00 | 29.6x | -4961.4x | 8.2x |
| Thu, 09 Jun 2022 | AU$15.7b | AU$1.8b | AU$1.6m | 30.4x | 10154.8x | 8.6x |
| Sat, 07 May 2022 | AU$16.1b | AU$1.8b | AU$24.4m | 31.6x | 658.5x | 8.8x |
| Mon, 04 Apr 2022 | AU$16.6b | AU$1.8b | AU$32.6m | 32.9x | 510.5x | 9.1x |
| Wed, 02 Mar 2022 | AU$16.9b | AU$1.8b | AU$33.3m | 33.2x | 506.6x | 9.3x |
| Fri, 28 Jan 2022 | AU$14.1b | AU$1.8b | AU$175.3m | 36.7x | 80.3x | 7.9x |
| Sun, 26 Dec 2021 | AU$16.4b | AU$1.8b | AU$175.7m | 43.5x | 93.6x | 9.3x |
| Tue, 23 Nov 2021 | AU$17.4b | AU$1.8b | AU$175.9m | 46.1x | 99x | 9.8x |
| Thu, 21 Oct 2021 | AU$17.0b | AU$1.8b | AU$180.0m | 44.4x | 94.2x | 9.6x |
| Sat, 18 Sep 2021 | AU$18.0b | AU$1.8b | AU$178.8m | 48x | 100.6x | 10.1x |
| Mon, 16 Aug 2021 | AU$18.7b | AU$1.8b | AU$180.1m | 50.3x | 103.8x | 10.5x |
| Mon, 31 May 2021 | AU$17.5b | AU$1.7b | -AU$54,905,250.64 | 55.8x | -318x | 10.4x |
Price to Earnings Ratio
-315.5x
Current Industry PE
- Investors are optimistic on the Australian Healthcare Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 683x which is higher than its 3-year average PE of -323x.
- The industry is trading close to its 3-year average PS ratio of 8.9x.
Past Earnings Growth
- Total earnings for the Healthcare Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Medical Equipment compare with similar industries?
| AU Market | -1.54% | |
| Healthcare | -1.12% | |
| Medical Equipment | -1.12% | |
| Medical Equipment | -1.09% | |
| Medical Supplies | -1.23% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MX1 Micro-X | AU$0.094 | 4.4% +AU$2.2m | -6.0% | PS3.5x | |
| AHC Austco Healthcare | AU$0.20 | 2.6% +AU$1.5m | 44.4% | PE28.3x | |
| NTI Neurotech International | AU$0.091 | 1.1% +AU$1.0m | 68.5% | PS28.9x | |
| IRX InhaleRx | AU$0.032 | 14.3% +AU$759.1k | -28.9% | PS5x | |
| SOM SomnoMed | AU$0.21 | 2.4% +AU$680.4k | -76.0% | PS0.3x |