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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?

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022AU$22.7bAU$13.1bAU$1.8b25x
Mon, 25 Apr 2022AU$23.2bAU$13.1bAU$1.8b25.6x
Wed, 23 Mar 2022AU$22.3bAU$13.1bAU$1.8b27.1x
Fri, 18 Feb 2022AU$23.8bAU$12.1bAU$1.5b25.7x
Sun, 16 Jan 2022AU$25.6bAU$12.1bAU$1.5b29.1x
Tue, 14 Dec 2021AU$27.2bAU$12.1bAU$1.5b30x
Thu, 11 Nov 2021AU$24.8bAU$12.1bAU$1.5b29.1x
Sat, 09 Oct 2021AU$25.0bAU$12.1bAU$1.5b31.9x
Mon, 06 Sep 2021AU$26.8bAU$12.1bAU$1.5b29.4x
Wed, 04 Aug 2021AU$25.1bAU$12.1bAU$1.5b31.1x
Sat, 08 May 2021AU$21.7bAU$10.8bAU$1.2b27.4x
Tue, 09 Feb 2021AU$20.6bAU$10.4bAU$1.1b21.9x
Mon, 02 Nov 2020AU$20.1bAU$9.7bAU$834.1m22.5x
Thu, 06 Aug 2020AU$18.5bAU$9.1bAU$612.5m28.6x
Sun, 10 May 2020AU$15.6bAU$8.8bAU$682.7m23.7x
Sat, 01 Feb 2020AU$18.2bAU$8.7bAU$715.4m25.9x
Tue, 05 Nov 2019AU$16.6bAU$8.5bAU$677.9m22.7x
Fri, 09 Aug 2019AU$16.0bAU$8.3bAU$610.3m19.3x
Median PE Ratio

24.3x


Total Market Cap: AU$15.3bTotal Earnings: AU$534.6mTotal Revenue: AU$8.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthcare Services Industry Median PE3Y Average 25.2x202020212022
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 Healthcare0%
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?

CompanyLast Price7D1YValuation
HLS HealiusAU$4.250.7%
+AU$16.3m
2.7%PS10.8x
RHY Rhythm BiosciencesAU$1.224.9%
+AU$12.3m
12.2%PS107.9x
SHL Sonic HealthcareAU$36.510.1%
+AU$4.1m
4.9%PS11.8x
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Latest News

HLA

AU$1.57

Healthia

7D

-6.0%

1Y

-19.1%

IIQ

AU$0.53

INOVIQ

7D

-7.0%

1Y

-76.3%