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Swedish (OMX) Healthtech Industry Analysis

UpdatedMay 18, 2024
DataAggregated Company Financials
Companies9
  • 7D0.9%
  • 3M11.3%
  • 1Y35.4%
  • YTDn/a

The Healthtech industry is up 7.8% in the last week, with Sectra up 9.2%. This takes the industry's 12 month performance to a gain of 40%. Looking forward, 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
Sat, 18 May 2024kr51.9bkr4.6bkr437.9m83.1x118.4x11.3x
Mon, 15 Apr 2024kr46.3bkr4.7bkr474.1m92.9x97.7x9.9x
Wed, 13 Mar 2024kr47.4bkr4.7bkr472.8m96.9x100.2x10.1x
Fri, 09 Feb 2024kr44.7bkr4.6bkr339.8m227.9x131.4x9.8x
Sun, 07 Jan 2024kr38.3bkr4.6bkr340.3m146.6x112.5x8.4x
Tue, 05 Dec 2023kr31.8bkr4.3bkr283.6m130.5x112x7.3x
Thu, 02 Nov 2023kr28.5bkr4.3bkr319.8m71.7x89.2x6.7x
Sat, 30 Sep 2023kr30.4bkr4.2bkr312.6m70.2x97.3x7.2x
Mon, 28 Aug 2023kr37.4bkr4.1bkr314.1m86.4x119.2x9x
Wed, 26 Jul 2023kr38.1bkr4.0bkr292.2m97.9x130.5x9.4x
Fri, 23 Jun 2023kr39.9bkr4.0bkr273.1m96.1x146x9.9x
Sun, 21 May 2023kr39.7bkr3.9bkr303.0m109.8x131.1x10.2x
Tue, 18 Apr 2023kr39.4bkr3.9bkr294.6m105.8x133.8x10.2x
Thu, 16 Mar 2023kr35.0bkr3.9bkr233.5m100.2x150.1x9.1x
Sat, 11 Feb 2023kr35.5bkr3.7bkr174.1m65.3x203.7x9.7x
Mon, 09 Jan 2023kr34.1bkr3.7bkr159.7m63.8x213.7x9.3x
Wed, 07 Dec 2022kr38.4bkr3.5bkr132.2m77.9x290.1x10.9x
Fri, 04 Nov 2022kr34.1bkr3.4bkr93.2m89.4x366.5x10x
Sun, 02 Oct 2022kr28.9bkr3.4bkr90.9m85.2x317.4x8.5x
Tue, 30 Aug 2022kr36.6bkr3.3bkr114.0m97.3x320.8x11x
Thu, 28 Jul 2022kr41.1bkr3.3bkr94.2m108.9x436.4x12.5x
Sat, 25 Jun 2022kr31.2bkr3.3bkr106.3m79.1x293.5x9.5x
Mon, 23 May 2022kr32.6bkr3.2bkr130.5m76.7x249.7x10.3x
Wed, 20 Apr 2022kr34.6bkr3.1bkr115.3m82.7x300.3x11.2x
Fri, 18 Mar 2022kr35.0bkr3.1bkr114.4m83.1x306.1x11.3x
Sun, 13 Feb 2022kr35.7bkr3.0bkr108.7m87x328.3x12x
Tue, 11 Jan 2022kr42.3bkr2.9bkr129.6m105.5x326.7x14.5x
Thu, 09 Dec 2021kr48.9bkr2.9bkr136.1m121.9x359.1x16.8x
Sat, 06 Nov 2021kr50.8bkr2.9bkr10.2m125.4x4954.7x17.6x
Mon, 04 Oct 2021kr43.4bkr2.8bkr34.4m134.3x1260.1x15.5x
Wed, 01 Sep 2021kr43.9bkr2.8bkr28.7m138.3x1527.9x15.7x
Thu, 08 Jul 2021kr33.7bkr2.7b-kr27,531,958.17103.4x-1225.6x12.5x
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 314.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Health Care Technology 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 121x which is lower than its 3-year average PE of 315x.
  • The industry is trading close to its 3-year average PS ratio of 11.0x.
Past Earnings Growth
  • Total earnings for the Health Care Technology 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 Comparison

How does Swedish Healthtech compare with similar industries?

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%PE58.8x
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
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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