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Australian (ASX) Healthcare Services Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies12
- 7D-0.7%
- 3M3.2%
- 1Y3.0%
- YTD-20.8%
In the last week, the Healthcare Services industry is flat overall, with Integral Diagnostics standing out by going down 10%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are forecast to decline by 21% 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 |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$22.7b | AU$13.1b | AU$1.8b | 25x |
| Mon, 25 Apr 2022 | AU$23.2b | AU$13.1b | AU$1.8b | 25.6x |
| Wed, 23 Mar 2022 | AU$22.3b | AU$13.1b | AU$1.8b | 27.1x |
| Fri, 18 Feb 2022 | AU$23.8b | AU$12.1b | AU$1.5b | 25.7x |
| Sun, 16 Jan 2022 | AU$25.6b | AU$12.1b | AU$1.5b | 29.1x |
| Tue, 14 Dec 2021 | AU$27.2b | AU$12.1b | AU$1.5b | 30x |
| Thu, 11 Nov 2021 | AU$24.8b | AU$12.1b | AU$1.5b | 29.1x |
| Sat, 09 Oct 2021 | AU$25.0b | AU$12.1b | AU$1.5b | 31.9x |
| Mon, 06 Sep 2021 | AU$26.8b | AU$12.1b | AU$1.5b | 29.4x |
| Wed, 04 Aug 2021 | AU$25.1b | AU$12.1b | AU$1.5b | 31.1x |
| Sat, 08 May 2021 | AU$21.7b | AU$10.8b | AU$1.2b | 27.4x |
| Tue, 09 Feb 2021 | AU$20.6b | AU$10.4b | AU$1.1b | 21.9x |
| Mon, 02 Nov 2020 | AU$20.1b | AU$9.7b | AU$834.1m | 22.5x |
| Thu, 06 Aug 2020 | AU$18.5b | AU$9.1b | AU$612.5m | 28.6x |
| Sun, 10 May 2020 | AU$15.6b | AU$8.8b | AU$682.7m | 23.7x |
| Sat, 01 Feb 2020 | AU$18.2b | AU$8.7b | AU$715.4m | 25.9x |
| Tue, 05 Nov 2019 | AU$16.6b | AU$8.5b | AU$677.9m | 22.7x |
| Fri, 09 Aug 2019 | AU$16.0b | AU$8.3b | AU$610.3m | 19.3x |
Median PE Ratio
24.3x
Current Industry PE
- Investors are relatively neutral on the 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 25.2x.
- Future earnings are expected to decline by 21% which could cause market valuations to fall.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have grown 51% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Healthcare Services compare with similar industries?
| AU Market | -1.30% | |
| Healthcare | -1.59% | |
| Healthcare Services | -0.67% | |
| Healthcare Services | -0.71% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -0.56% | |
| Healthcare Distributors | -2.51% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HLS Healius | AU$4.25 | 0.7% +AU$16.3m | 2.7% | PS10.8x | |
| RHY Rhythm Biosciences | AU$1.22 | 4.9% +AU$12.3m | 12.2% | PS107.9x | |
| SHL Sonic Healthcare | AU$36.51 | 0.1% +AU$4.1m | 4.9% | PS11.8x |
