Sonic Healthcare (ASX:SHL) Will Pay A Dividend Of A$0.44
Feb 25
Have your own idea? Try our Stock Screener
Australian (ASX) Healthcare Services Industry Analysis
UpdatedMar 13, 2025
DataAggregated Company Financials
Companies14
- 7D-4.7%
- 3M-9.4%
- 1Y-18.4%
- YTD-3.5%
Over the last 7 days, the Healthcare Services industry has dropped 4.0%, driven by a pullback from Sigma Healthcare of 4.5%. Overall the industry is down 17% in 12 months. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Australian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 13 Mar 2025 | AU$57.8b | AU$37.9b | AU$1.1b | 58.9x | 51.9x | 1.5x |
| Sat, 08 Feb 2025 | AU$32.8b | AU$33.2b | AU$53.2m | 30.2x | 615.9x | 1x |
| Mon, 06 Jan 2025 | AU$31.6b | AU$36.7b | AU$50.2m | 28x | 630x | 0.9x |
| Wed, 04 Dec 2024 | AU$34.4b | AU$36.9b | AU$35.3m | 29.5x | 972.5x | 0.9x |
| Fri, 01 Nov 2024 | AU$32.2b | AU$36.9b | AU$35.3m | 30.3x | 912.7x | 0.9x |
| Sun, 29 Sep 2024 | AU$31.3b | AU$36.9b | AU$35.6m | 29.9x | 880.1x | 0.8x |
| Tue, 27 Aug 2024 | AU$31.7b | AU$35.3b | AU$5.6m | 43.2x | 5700.8x | 0.9x |
| Thu, 25 Jul 2024 | AU$29.7b | AU$33.5b | -AU$278,022,128.00 | 44x | -107x | 0.9x |
| Sat, 22 Jun 2024 | AU$30.5b | AU$33.5b | -AU$278,022,128.00 | 45.9x | -109.7x | 0.9x |
| Mon, 20 May 2024 | AU$29.8b | AU$31.7b | -AU$280,512,128.00 | 29.9x | -106.1x | 0.9x |
| Wed, 17 Apr 2024 | AU$30.2b | AU$31.7b | -AU$280,512,128.00 | 31.6x | -107.6x | 1x |
| Fri, 15 Mar 2024 | AU$31.2b | AU$31.8b | -AU$270,491,128.00 | 32.9x | -115.4x | 1x |
| Sun, 11 Feb 2024 | AU$33.0b | AU$31.4b | AU$615.3m | 24.1x | 53.6x | 1.1x |
| Tue, 09 Jan 2024 | AU$34.0b | AU$32.8b | AU$608.0m | 24.3x | 56x | 1x |
| Thu, 07 Dec 2023 | AU$32.3b | AU$32.8b | AU$608.0m | 24.2x | 53.2x | 1x |
| Sat, 04 Nov 2023 | AU$32.3b | AU$32.8b | AU$608.0m | 23.9x | 53.1x | 1x |
| Mon, 02 Oct 2023 | AU$33.3b | AU$32.8b | AU$608.8m | 25.8x | 54.8x | 1x |
| Wed, 30 Aug 2023 | AU$34.3b | AU$33.1b | AU$985.4m | 28.5x | 34.8x | 1x |
| Fri, 28 Jul 2023 | AU$37.7b | AU$33.0b | AU$1.3b | 26.5x | 28.8x | 1.1x |
| Sun, 25 Jun 2023 | AU$36.7b | AU$33.0b | AU$1.3b | 25.3x | 28x | 1.1x |
| Tue, 23 May 2023 | AU$38.5b | AU$33.0b | AU$1.3b | 25.6x | 29.4x | 1.2x |
| Thu, 20 Apr 2023 | AU$39.5b | AU$32.5b | AU$1.3b | 26.1x | 30.1x | 1.2x |
| Sat, 18 Mar 2023 | AU$38.3b | AU$32.4b | AU$1.3b | 23.8x | 29.4x | 1.2x |
| Mon, 13 Feb 2023 | AU$35.6b | AU$33.1b | AU$2.1b | 23.1x | 16.7x | 1.1x |
| Wed, 11 Jan 2023 | AU$37.1b | AU$33.1b | AU$2.1b | 24.2x | 17.4x | 1.1x |
| Fri, 09 Dec 2022 | AU$37.1b | AU$33.1b | AU$2.1b | 24.9x | 17.4x | 1.1x |
| Sun, 06 Nov 2022 | AU$36.2b | AU$32.8b | AU$2.1b | 24.9x | 17x | 1.1x |
| Tue, 04 Oct 2022 | AU$35.1b | AU$32.8b | AU$2.1b | 24.9x | 16.5x | 1.1x |
| Thu, 01 Sep 2022 | AU$41.1b | AU$32.7b | AU$2.2b | 27.4x | 19.1x | 1.3x |
| Sat, 30 Jul 2022 | AU$40.6b | AU$31.9b | AU$2.3b | 26.7x | 17.9x | 1.3x |
| Mon, 27 Jun 2022 | AU$39.8b | AU$31.9b | AU$2.3b | 25.5x | 17.6x | 1.2x |
| Wed, 25 May 2022 | AU$43.9b | AU$31.9b | AU$2.3b | 25.3x | 19.4x | 1.4x |
| Fri, 22 Apr 2022 | AU$46.9b | AU$35.9b | AU$2.3b | 27.7x | 20.7x | 1.3x |
| Sun, 20 Mar 2022 | AU$41.7b | AU$36.0b | AU$2.3b | 27.6x | 17.7x | 1.2x |
Price to Earnings Ratio
17.7x
Current Industry PE
- Investors are pessimistic on the Australian Healthcare 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 52.6x which is lower than its 3-year average PE of 143x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 22% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Australian Healthcare industry?
| AU Market | -4.37% | |
| Healthcare | -5.65% | |
| Healthcare Services | -4.75% | |
| Healthcare Facilities | -2.54% | |
| Healthcare Distributors | -4.76% | |
| Healthcare Services | -6.19% | |
Industry PE
- Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 62.8x.
- Analysts are expecting annual earnings growth of 43.4%, which is higher than its past year's earnings decline of 19.9% per year.
- Investors are most pessimistic about the Healthcare Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 43% over the next 5 years.
- This is better than its past earnings decline of 20% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PSQ Pacific Smiles Group | AU$1.98 | 2.6% +AU$8.1m | 32.4% | PE31x |