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Australian (ASX) Healthcare Services Industry Analysis

UpdatedApr 14, 2025
DataAggregated Company Financials
Companies14
  • 7D-0.1%
  • 3M-8.4%
  • 1Y-16.8%
  • YTD-0.1%

Last week, the Healthcare Services industry hasn't moved much but Sigma Healthcare is up 3.8% in that time. Unfortunately though, the industry is down 17% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Australian Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 14 Apr 2025AU$59.8bAU$37.9bAU$1.1b131x54.1x1.6x
Wed, 12 Mar 2025AU$58.6bAU$37.9bAU$1.1b59.7x52.6x1.5x
Fri, 07 Feb 2025AU$32.7bAU$33.2bAU$53.2m30.3x614.9x1x
Sun, 05 Jan 2025AU$31.6bAU$36.7bAU$50.2m28x630x0.9x
Tue, 03 Dec 2024AU$34.1bAU$36.9bAU$35.3m28.8x965.6x0.9x
Thu, 31 Oct 2024AU$32.2bAU$36.9bAU$35.3m30.1x912.7x0.9x
Sat, 28 Sep 2024AU$31.3bAU$36.9bAU$35.6m29.9x879.5x0.8x
Mon, 26 Aug 2024AU$30.4bAU$34.2bAU$27.0m42.9x1128.6x0.9x
Wed, 24 Jul 2024AU$30.0bAU$33.5b-AU$278,022,128.0044.4x-108x0.9x
Fri, 21 Jun 2024AU$30.3bAU$33.5b-AU$278,022,128.0045.9x-109.1x0.9x
Sun, 19 May 2024AU$29.8bAU$31.7b-AU$280,512,128.0029.9x-106.1x0.9x
Tue, 16 Apr 2024AU$30.2bAU$31.7b-AU$280,512,128.0031.8x-107.6x1x
Thu, 14 Mar 2024AU$31.6bAU$31.8b-AU$270,491,128.0033.5x-116.8x1x
Sat, 10 Feb 2024AU$33.0bAU$31.4bAU$615.3m24.1x53.6x1.1x
Mon, 08 Jan 2024AU$34.3bAU$32.8bAU$608.0m24.5x56.4x1x
Wed, 06 Dec 2023AU$31.6bAU$32.8bAU$608.0m23.9x52x1x
Fri, 03 Nov 2023AU$32.2bAU$32.8bAU$608.0m24.5x52.9x1x
Sun, 01 Oct 2023AU$33.3bAU$32.8bAU$608.8m25.8x54.8x1x
Tue, 29 Aug 2023AU$34.1bAU$33.0bAU$988.9m24.9x34.5x1x
Thu, 27 Jul 2023AU$37.1bAU$33.0bAU$1.3b26.3x28.3x1.1x
Sat, 24 Jun 2023AU$36.7bAU$33.0bAU$1.3b25.3x28x1.1x
Mon, 22 May 2023AU$38.5bAU$33.0bAU$1.3b25.8x29.4x1.2x
Wed, 19 Apr 2023AU$39.6bAU$32.5bAU$1.3b26.4x30.2x1.2x
Fri, 17 Mar 2023AU$38.7bAU$32.4bAU$1.3b23.8x29.7x1.2x
Sun, 12 Feb 2023AU$35.6bAU$33.1bAU$2.1b23.1x16.7x1.1x
Tue, 10 Jan 2023AU$37.0bAU$33.1bAU$2.1b24.1x17.4x1.1x
Thu, 08 Dec 2022AU$37.1bAU$33.1bAU$2.1b24.9x17.4x1.1x
Sat, 05 Nov 2022AU$36.2bAU$32.8bAU$2.1b24.9x17x1.1x
Mon, 03 Oct 2022AU$35.4bAU$32.8bAU$2.1b24.9x16.6x1.1x
Wed, 31 Aug 2022AU$40.9bAU$32.3bAU$2.1b30.4x19.7x1.3x
Fri, 29 Jul 2022AU$40.2bAU$31.9bAU$2.3b26.4x17.7x1.3x
Sun, 26 Jun 2022AU$39.8bAU$31.9bAU$2.3b25.5x17.6x1.2x
Tue, 24 May 2022AU$44.4bAU$31.9bAU$2.3b26.3x19.6x1.4x
Thu, 21 Apr 2022AU$45.8bAU$35.9bAU$2.3b27x20.2x1.3x
Price to Earnings Ratio

20.2x


Total Market Cap: AU$45.8bTotal Earnings: AU$2.3bTotal Revenue: AU$35.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthcare Services Industry Price to Earnings3Y Average 144x202320242025
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 54.1x which is lower than its 3-year average PE of 144x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 21% 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 Market0.085%
Healthcare-3.67%
Healthcare Services-0.13%
Healthcare Distributors3.71%
Healthcare Facilities-4.69%
Healthcare Services-5.51%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 74.1x.
    • Analysts are expecting annual earnings growth of 44.1%, which is higher than its past year's earnings decline of 85.8% 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 44% over the next 5 years.
  • This is better than its past earnings decline of 86% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 14% 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
SIG Sigma HealthcareAU$3.006.4%
+AU$2.1b
n/aPE64x
SHL Sonic HealthcareAU$25.212.4%
+AU$278.5m
-5.7%PE22.2x
RHC Ramsay Health CareAU$32.591.4%
+AU$105.5m
-37.2%PE933.9x
REG Regis HealthcareAU$6.674.4%
+AU$84.3m
72.4%PE133.2x
HLS HealiusAU$1.385.3%
+AU$50.8m
14.0%PS0.6x
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