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Australian (ASX) Healthcare Services Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies14
- 7D1.5%
- 3M-3.1%
- 1Y-9.3%
- YTD5.2%
Over the last 7 days, the Healthcare Services industry has risen 1.5%, driven by gains from Sigma Healthcare of 3.8%. In contrast, the industry has lost 9.3% in the last 12 months. As for the next few years, earnings are expected to grow by 23% 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | AU$62.9b | AU$33.5b | AU$86.7m | 31x | 726.4x | 1.9x |
| Sun, 19 Jan 2025 | AU$32.1b | AU$36.7b | AU$50.2m | 28.2x | 639.3x | 0.9x |
| Tue, 17 Dec 2024 | AU$32.0b | AU$36.7b | AU$50.2m | 29.7x | 638.6x | 0.9x |
| Thu, 14 Nov 2024 | AU$31.9b | AU$36.9b | AU$35.3m | 29.9x | 904x | 0.9x |
| Sat, 12 Oct 2024 | AU$32.7b | AU$36.9b | AU$35.3m | 31.3x | 925.2x | 0.9x |
| Mon, 09 Sep 2024 | AU$30.2b | AU$36.8b | AU$43.1m | 30.9x | 701.1x | 0.8x |
| Wed, 07 Aug 2024 | AU$29.1b | AU$33.5b | -AU$278,022,128.00 | 45.4x | -104.7x | 0.9x |
| Fri, 05 Jul 2024 | AU$29.4b | AU$33.5b | -AU$278,022,128.00 | 45.2x | -105.7x | 0.9x |
| Sun, 02 Jun 2024 | AU$28.0b | AU$31.7b | -AU$280,512,128.00 | 29.8x | -99.9x | 0.9x |
| Tue, 30 Apr 2024 | AU$30.5b | AU$31.7b | -AU$280,512,128.00 | 31.8x | -108.7x | 1x |
| Thu, 28 Mar 2024 | AU$32.5b | AU$31.8b | -AU$270,491,128.00 | 35.3x | -120x | 1x |
| Sat, 24 Feb 2024 | AU$31.7b | AU$31.6b | AU$354.9m | 27.2x | 89.3x | 1x |
| Mon, 22 Jan 2024 | AU$33.5b | AU$32.8b | AU$608.0m | 24.7x | 55.1x | 1x |
| Wed, 20 Dec 2023 | AU$33.8b | AU$32.8b | AU$608.0m | 24.3x | 55.6x | 1x |
| Fri, 17 Nov 2023 | AU$33.1b | AU$32.8b | AU$608.0m | 23.8x | 54.5x | 1x |
| Sun, 15 Oct 2023 | AU$32.9b | AU$32.8b | AU$608.0m | 24.9x | 54.2x | 1x |
| Tue, 12 Sep 2023 | AU$33.5b | AU$33.0b | AU$596.0m | 26.4x | 56.3x | 1x |
| Thu, 10 Aug 2023 | AU$37.0b | AU$33.0b | AU$1.3b | 25.9x | 28.2x | 1.1x |
| Sat, 08 Jul 2023 | AU$36.7b | AU$33.0b | AU$1.3b | 25.8x | 28x | 1.1x |
| Mon, 05 Jun 2023 | AU$37.7b | AU$33.0b | AU$1.3b | 26.1x | 28.8x | 1.1x |
| Wed, 03 May 2023 | AU$39.5b | AU$32.5b | AU$1.3b | 26.9x | 30.1x | 1.2x |
| Fri, 31 Mar 2023 | AU$38.7b | AU$32.5b | AU$1.3b | 24.7x | 29.5x | 1.2x |
| Sun, 26 Feb 2023 | AU$38.6b | AU$32.8b | AU$1.6b | 21.6x | 24.5x | 1.2x |
| Tue, 24 Jan 2023 | AU$37.9b | AU$33.1b | AU$2.1b | 23.9x | 17.8x | 1.1x |
| Thu, 22 Dec 2022 | AU$36.2b | AU$33.1b | AU$2.1b | 24.3x | 17x | 1.1x |
| Sat, 19 Nov 2022 | AU$37.1b | AU$32.8b | AU$2.1b | 24.9x | 17.5x | 1.1x |
| Mon, 17 Oct 2022 | AU$35.0b | AU$32.8b | AU$2.1b | 24.9x | 16.5x | 1.1x |
| Wed, 14 Sep 2022 | AU$39.8b | AU$32.7b | AU$2.1b | 24.9x | 18.6x | 1.2x |
| Fri, 12 Aug 2022 | AU$41.4b | AU$32.1b | AU$2.3b | 30.6x | 17.9x | 1.3x |
| Sun, 10 Jul 2022 | AU$39.6b | AU$31.9b | AU$2.3b | 26x | 17.5x | 1.2x |
| Tue, 07 Jun 2022 | AU$42.2b | AU$31.9b | AU$2.3b | 25.8x | 18.6x | 1.3x |
| Thu, 05 May 2022 | AU$44.5b | AU$31.9b | AU$2.3b | 27.5x | 19.7x | 1.4x |
| Sat, 02 Apr 2022 | AU$41.7b | AU$35.9b | AU$2.3b | 33.3x | 18.4x | 1.2x |
| Mon, 28 Feb 2022 | AU$41.5b | AU$36.0b | AU$2.3b | 27.5x | 17.7x | 1.2x |
Price to Earnings Ratio
17.7x
Current Industry PE
- Investors are optimistic on the Australian Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 726x which is higher than its 3-year average PE of 141x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 67% per year over the last three years,
- Revenues have also declined 2.3% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Healthcare industry?
| AU Market | -2.48% | |
| Healthcare | 0.61% | |
| Healthcare Services | 1.45% | |
| Healthcare Distributors | 3.63% | |
| Healthcare Facilities | 0.39% | |
| Managed Healthcare | 0% | 0 |
| Healthcare Services | -2.32% | |
Industry PE
- Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 60.6x.
- Analysts are expecting annual earnings growth of 37.0%, which is higher than its past year's earnings decline of 34.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 35% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| MVF Monash IVF Group | AU$1.18 | 0.4% +AU$1.9m | -17.2% | PS1.8x | |
| RHY Rhythm Biosciences | AU$0.095 | 6.7% +AU$1.7m | -4.0% | PS15.9x | |
| IIQ INOVIQ | AU$0.45 | 3.5% +AU$1.7m | -41.4% | PS31.8x | |
| AHX Apiam Animal Health | AU$0.42 | 1.2% +AU$912.6k | 34.9% | PE15.7x |