Header cover image

Swedish (OMX) Healthtech Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies9
  • 7D0.9%
  • 3M11.5%
  • 1Y35.4%
  • YTD33.1%

Last week, the Healthtech industry hasn't moved much but RaySearch Laboratories is up 5.6% in that time. The past year has been better, since the industry has gained 35% in that time. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Swedish Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 May 2024kr51.9bkr4.6bkr457.0m77.6x113.5x11.2x
Wed, 17 Apr 2024kr47.2bkr4.7bkr474.3m95.5x99.6x10.1x
Fri, 15 Mar 2024kr46.6bkr4.7bkr473.0m95x98.5x9.9x
Sun, 11 Feb 2024kr45.1bkr4.6bkr327.9m226.7x137.4x9.9x
Tue, 09 Jan 2024kr39.5bkr4.6bkr340.3m145x116.2x8.7x
Thu, 07 Dec 2023kr32.6bkr4.3bkr283.6m128.7x115.1x7.5x
Sat, 04 Nov 2023kr30.4bkr4.3bkr319.8m73.6x95.1x7.1x
Mon, 02 Oct 2023kr30.4bkr4.2bkr312.6m70x97.3x7.2x
Wed, 30 Aug 2023kr38.5bkr4.1bkr314.1m88.1x122.4x9.3x
Fri, 28 Jul 2023kr37.7bkr4.0bkr292.2m97.8x129x9.3x
Sun, 25 Jun 2023kr39.9bkr4.0bkr273.1m96.1x146x9.9x
Tue, 23 May 2023kr39.8bkr3.9bkr303.0m109.8x131.3x10.2x
Thu, 20 Apr 2023kr39.0bkr3.9bkr294.6m103.3x132.3x10.1x
Sat, 18 Mar 2023kr35.5bkr3.9bkr233.5m101.3x152x9.2x
Mon, 13 Feb 2023kr35.4bkr3.6bkr188.4m65.3x187.9x9.7x
Wed, 11 Jan 2023kr34.2bkr3.7bkr159.7m64.3x214.1x9.3x
Fri, 09 Dec 2022kr39.3bkr3.5bkr132.2m78.4x297.3x11.2x
Sun, 06 Nov 2022kr32.4bkr3.3bkr84.6m87.7x383x9.7x
Tue, 04 Oct 2022kr28.6bkr3.4bkr91.0m83.8x314.2x8.4x
Thu, 01 Sep 2022kr36.6bkr3.3bkr114.0m97.1x321x11x
Sat, 30 Jul 2022kr42.9bkr3.3bkr94.3m114.4x454.5x13x
Mon, 27 Jun 2022kr31.2bkr3.3bkr106.3m79.1x293.5x9.5x
Wed, 25 May 2022kr31.9bkr3.2bkr130.5m74.6x244.5x10.1x
Fri, 22 Apr 2022kr34.1bkr3.1bkr115.4m81.6x295.9x11x
Sun, 20 Mar 2022kr35.7bkr3.1bkr114.5m84.9x312.3x11.6x
Tue, 15 Feb 2022kr34.2bkr3.0bkr108.6m83x314.7x11.5x
Thu, 13 Jan 2022kr42.7bkr2.9bkr129.7m106.2x329.4x14.7x
Sat, 11 Dec 2021kr46.5bkr2.9bkr136.1m115.2x341.7x16x
Mon, 08 Nov 2021kr50.8bkr2.9bkr10.2m125.4x4954.7x17.6x
Wed, 06 Oct 2021kr43.1bkr2.8bkr34.4m136.5x1251.7x15.4x
Fri, 03 Sep 2021kr49.1bkr2.8bkr28.7m142.2x1707.9x17.5x
Sun, 01 Aug 2021kr36.2bkr2.8bkr28.7m128.1x1259.5x12.9x
Price to Earnings Ratio

-890.4x


Total Market Cap: kr29.7bTotal Earnings: -kr33,319,578.00Total Revenue: kr2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 314.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Healthcare Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 113x which is lower than its 3-year average PE of 314x.
  • The industry is trading close to its 3-year average PS ratio of 11.0x.
Past Earnings Growth
  • Total earnings for the Healthcare Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Healthcare industry?

SE Market0.39%
Healthcare0.13%
Healthtech0.88%
Healthtech0.88%
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?

CompanyLast Price7D1YValuation
RAY B RaySearch Laboratorieskr140.005.6%
+kr253.7m		83.7%PE47.7x
SECT B Sectrakr236.800.4%
+kr192.7m		35.5%PE107.5x
MNTC Menticekr31.904.6%
+kr35.8m		-30.2%PS3.2x
KONT Kontigo Carekr2.10-8.7%
kr4.1m		-39.1%PE317.4x
IZAFE B iZafe Groupkr0.232.7%
+kr1.7m		-21.4%PS12.6x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

RAY B

kr140.00

RaySearch Laboratories

7D

5.6%

1Y

83.7%

AINO

kr0.29

Aino Health

7D

0.3%

1Y

-66.2%

PTRK

kr15.15

Physitrack

7D

-7.1%

1Y

-22.1%

ORTI B

kr2.49

Ortivus

7D

0.4%

1Y

-39.9%

MNTC

kr31.90

Mentice

7D

4.6%

1Y

-30.2%

These Analysts Think Mentice AB (publ)'s (STO:MNTC) Sales Are Under Threat

May 09
These Analysts Think Mentice AB (publ)'s (STO:MNTC) Sales Are Under Threat

SECT B

kr236.80

Sectra

7D

0.4%

1Y

35.5%

Sectra (STO:SECT B) Knows How To Allocate Capital

May 08
Sectra (STO:SECT B) Knows How To Allocate Capital

MEDHLP

kr3.04

Medhelp Care Aktiebolag

7D

-5.0%

1Y

-17.8%

IZAFE B

kr0.23

iZafe Group

7D

2.7%

1Y

-21.4%

RIGHTB

kr0.028

RightBridge Ventures Group

7D

-3.4%

1Y

-86.9%

QCORE

kr7.80

Qlucore

7D

-3.7%

1Y

-32.8%

KONT

kr2.10

Kontigo Care

7D

-8.7%

1Y

-39.1%

AGILIT

kr0.12

Agilit Holding

7D

-29.0%

1Y

n/a