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Australian (ASX) Medical Equipment Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies26
- 7D-2.0%
- 3M-6.0%
- 1Y24.6%
- YTDn/a
Over the last 7 days, the Medical Equipment industry has dropped 2.0%, driven by Cochlear declining 4.5%. On the other hand EBR Systems is actually up 6.0%. In the past year, the industry has gained 25%. Looking forward, earnings are forecast to grow by 13% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 22 May 2024 | AU$22.8b | AU$2.5b | AU$35.2m | 34.5x | 647.3x | 9.2x |
| Fri, 19 Apr 2024 | AU$22.9b | AU$2.5b | AU$32.6m | 38.1x | 701.6x | 9.2x |
| Sun, 17 Mar 2024 | AU$23.7b | AU$2.5b | AU$33.9m | 41x | 700.4x | 9.6x |
| Tue, 13 Feb 2024 | AU$22.7b | AU$2.2b | AU$56.0m | 47.9x | 406.2x | 10.2x |
| Thu, 11 Jan 2024 | AU$21.2b | AU$2.2b | AU$32.3m | 44.5x | 658.3x | 9.5x |
| Sat, 09 Dec 2023 | AU$20.2b | AU$2.2b | AU$31.5m | 43.3x | 643.7x | 9.1x |
| Mon, 06 Nov 2023 | AU$17.9b | AU$2.2b | AU$30.6m | 38.9x | 584x | 8x |
| Wed, 04 Oct 2023 | AU$18.6b | AU$2.2b | AU$26.9m | 39.9x | 692.1x | 8.3x |
| Fri, 01 Sep 2023 | AU$19.8b | AU$2.2b | AU$10.2m | 40.9x | 1930.6x | 8.8x |
| Sun, 30 Jul 2023 | AU$17.7b | AU$2.0b | -AU$62,942,785.00 | 41.6x | -281.9x | 8.8x |
| Tue, 27 Jun 2023 | AU$16.8b | AU$2.0b | -AU$62,671,691.00 | 40.2x | -268x | 8.4x |
| Thu, 25 May 2023 | AU$17.9b | AU$2.0b | -AU$64,093,546.00 | 39.2x | -279.2x | 8.9x |
| Sat, 22 Apr 2023 | AU$18.2b | AU$2.0b | -AU$63,186,627.00 | 40x | -288.7x | 9.1x |
| Mon, 20 Mar 2023 | AU$16.6b | AU$2.0b | -AU$63,633,923.00 | 37.1x | -260.9x | 8.3x |
| Wed, 15 Feb 2023 | AU$15.4b | AU$1.9b | -AU$13,862,110.00 | 23.5x | -1112.1x | 8x |
| Fri, 13 Jan 2023 | AU$15.5b | AU$1.9b | -AU$14,690,468.00 | 25.5x | -1053.4x | 8x |
| Sun, 11 Dec 2022 | AU$15.4b | AU$1.9b | -AU$16,075,190.00 | 24.8x | -960.2x | 8x |
| Tue, 08 Nov 2022 | AU$14.7b | AU$1.9b | -AU$21,474,948.00 | 30.1x | -685.5x | 7.6x |
| Thu, 06 Oct 2022 | AU$15.3b | AU$1.9b | -AU$18,522,553.00 | 31.4x | -828x | 8x |
| Sat, 03 Sep 2022 | AU$15.7b | AU$1.9b | -AU$14,982,530.00 | 35.3x | -1047.5x | 8.1x |
| Mon, 01 Aug 2022 | AU$15.9b | AU$1.8b | -AU$1,471,834.00 | 31.1x | -10801.4x | 8.7x |
| Wed, 29 Jun 2022 | AU$14.9b | AU$1.8b | -AU$1,867,134.00 | 29.1x | -7978.1x | 8.1x |
| Fri, 27 May 2022 | AU$15.7b | AU$1.8b | AU$22.8m | 31x | 691x | 8.6x |
| Sun, 24 Apr 2022 | AU$17.2b | AU$1.8b | AU$29.6m | 33.9x | 580.2x | 9.4x |
| Tue, 22 Mar 2022 | AU$16.6b | AU$1.8b | AU$31.4m | 32.6x | 528.9x | 9.1x |
| Thu, 17 Feb 2022 | AU$14.8b | AU$1.8b | AU$175.2m | 39.1x | 84.7x | 8.3x |
| Sat, 15 Jan 2022 | AU$15.6b | AU$1.8b | AU$176.2m | 40.5x | 88.3x | 8.8x |
| Mon, 13 Dec 2021 | AU$16.4b | AU$1.8b | AU$175.4m | 43.4x | 93.5x | 9.2x |
| Wed, 10 Nov 2021 | AU$17.5b | AU$1.8b | AU$178.8m | 46.4x | 97.9x | 9.9x |
| Fri, 08 Oct 2021 | AU$16.7b | AU$1.8b | AU$178.6m | 44.1x | 93.3x | 9.4x |
| Sun, 05 Sep 2021 | AU$17.9b | AU$1.8b | AU$180.1m | 47.8x | 99.3x | 10.1x |
| Tue, 03 Aug 2021 | AU$18.6b | AU$1.8b | AU$180.1m | 50.2x | 103.4x | 10.5x |
Price to Earnings Ratio
-318x
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 647x which is higher than its 3-year average PE of -304x.
- 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 | 1.47% | |
| Healthcare | -1.42% | |
| Medical Equipment | -1.97% | |
| Medical Equipment | -2.00% | |
| Medical Supplies | -1.86% | |
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 | |
|---|---|---|---|---|---|
| EBR EBR Systems | AU$1.06 | 6.0% +AU$18.5m | 1.4% | PB7x | |
| EMV EMVision Medical Devices | AU$1.94 | 5.4% +AU$8.5m | 25.6% | PS19.1x | |
| EYE Nova Eye Medical | AU$0.28 | 7.7% +AU$4.6m | 21.7% | PS3.4x | |
| CDX CardieX | AU$0.066 | 22.2% +AU$3.5m | -67.0% | PS1.4x | |
| AT1 Atomo Diagnostics | AU$0.03 | 11.1% +AU$1.9m | -6.3% | PS6.2x |