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Australian (ASX) Healthcare Sector Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies171
  • 7D1.2%
  • 3M1.2%
  • 1Y-8.4%
  • YTD-8.3%

The Healthcare industry is up 1.2% in the last week, with CSL up 0.8%. In the same time, Healius was down 12%. However, the industry is down 8.4% over the past year. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

Has the Australian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022AU$227.0bAU$55.9bAU$4.1b26.7x55.5x4.1x
Fri, 28 Oct 2022AU$211.0bAU$56.2bAU$4.2b27.7x50.7x3.8x
Sun, 25 Sep 2022AU$209.2bAU$55.9bAU$4.2b25.4x50x3.7x
Tue, 23 Aug 2022AU$225.9bAU$54.4bAU$4.8b29.1x47x4.2x
Thu, 21 Jul 2022AU$219.7bAU$54.0bAU$4.8b24.2x45.4x4.1x
Sat, 18 Jun 2022AU$196.1bAU$53.8bAU$4.8b24.1x40.7x3.6x
Mon, 16 May 2022AU$217.5bAU$54.0bAU$4.8b24.8x45x4x
Wed, 13 Apr 2022AU$209.1bAU$56.7bAU$4.6b26.5x45x3.7x
Fri, 11 Mar 2022AU$208.7bAU$57.1bAU$4.7b24.3x44.2x3.7x
Sun, 06 Feb 2022AU$211.3bAU$55.6bAU$4.7b29.1x45x3.8x
Tue, 04 Jan 2022AU$240.9bAU$55.3bAU$4.6b32x51.9x4.4x
Thu, 02 Dec 2021AU$237.2bAU$56.2bAU$4.7b30.5x50.4x4.2x
Sat, 30 Oct 2021AU$234.2bAU$55.2bAU$4.5b29.6x51.9x4.2x
Mon, 27 Sep 2021AU$241.4bAU$55.8bAU$4.6b30.8x52.4x4.3x
Wed, 25 Aug 2021AU$241.5bAU$55.1bAU$4.5b31.1x53.9x4.4x
Thu, 01 Jul 2021AU$226.8bAU$55.1bAU$4.5b30.7x50.2x4.1x
Sun, 04 Apr 2021AU$208.7bAU$52.5bAU$3.8b23.1x54.5x4x
Wed, 06 Jan 2021AU$211.4bAU$50.7bAU$3.1b31.9x68.2x4.2x
Sat, 10 Oct 2020AU$210.2bAU$50.3bAU$2.8b30.5x74.7x4.2x
Fri, 03 Jul 2020AU$204.0bAU$49.6bAU$2.5b27.4x81.8x4.1x
Mon, 06 Apr 2020AU$192.9bAU$51.5bAU$3.5b20.6x54.8x3.7x
Thu, 09 Jan 2020AU$197.2bAU$49.6bAU$3.7b21.4x53.1x4x
Price to Earnings Ratio

54x


Total Market Cap: AU$202.8bTotal Earnings: AU$3.8bTotal Revenue: AU$49.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthcare Sector Price to Earnings3Y Average 57.5x202020212022
Current Industry PE
  • Investors are relatively neutral on the Australian Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 57.5x.
  • The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 2.9% per year over the last three years.
  • Revenues for these companies have grown 4.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Healthcare sector?

AU Market0.20%
Healthcare1.16%
Medical Equipment2.75%
Biotech1.45%
Healthtech0.39%
Healthcare Services-0.26%
Life Sciences-0.59%
Pharma-2.88%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 7.1x.
    • Analysts are expecting annual earnings growth of 18.5%, which is higher than its past year's earnings decline of 25.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 54% over the next 5 years.
  • However this is lower than its past earnings growth rate of 170% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 5.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CSL CSLAU$300.110.8%
+AU$1.2b
-2.9%PE42.9x
RHC Ramsay Health CareAU$65.813.0%
+AU$432.8m
-1.1%PE56.7x
COH CochlearAU$214.043.2%
+AU$430.2m
0.04%PE48.7x
NAN NanosonicsAU$4.7413.7%
+AU$172.2m
-11.1%PE382.9x
ANN AnsellAU$28.832.9%
+AU$100.6m
-10.2%PE15.3x
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Latest News

HLS

AU$2.92

Healius

7D

-12.3%

1Y

-38.8%

AVH

AU$1.89

AVITA Medical

7D

-11.9%

1Y

-50.5%

CSL

AU$300.11

CSL

7D

0.8%

1Y

-2.9%

TLX

AU$7.24

Telix Pharmaceuticals

7D

-4.5%

1Y

14.0%

PAR

AU$1.40

Paradigm Biopharmaceuticals

7D

-7.3%

1Y

-31.7%

IHL

AU$0.23

Incannex Healthcare

7D

-6.0%

1Y

-57.3%

COH

AU$214.04

Cochlear

7D

3.2%

1Y

0.04%

NEU

AU$8.20

Neuren Pharmaceuticals

7D

-4.2%

1Y

365.9%

MYX

AU$0.23

Mayne Pharma Group

7D

-16.4%

1Y

-16.4%

IMM

AU$0.37

Immutep

7D

19.4%

1Y

-22.1%

NAN

AU$4.74

Nanosonics

7D

13.7%

1Y

-11.1%

RHC

AU$65.81

Ramsay Health Care

7D

3.0%

1Y

-1.1%