Estimating The Fair Value Of Sonic Healthcare Limited (ASX:SHL)
May 21
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Australian (ASX) Healthcare Services Industry Analysis
UpdatedMay 25, 2025
DataAggregated Company Financials
Companies8
- 7D-2.2%
- 3M-7.4%
- 1Y4.2%
- YTDn/a
Over the last 7 days, the Healthcare Services industry has dropped 2.2%, driven by a pullback from Sonic Healthcare of 1.5%. On the other hand INOVIQ is actually up 17%. Over the past 12 months, the industry was up 4.2%. Looking forward, earnings are forecast to grow by 14% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 26 May 2025 | AU$15.0b | AU$12.6b | AU$526.5m | 90.8x | 28.4x | 1.2x |
| Wed, 23 Apr 2025 | AU$14.6b | AU$12.6b | AU$526.5m | 84.3x | 27.8x | 1.2x |
| Fri, 21 Mar 2025 | AU$15.1b | AU$12.6b | AU$526.5m | 87.2x | 28.6x | 1.2x |
| Sun, 16 Feb 2025 | AU$17.1b | AU$12.1b | -AU$190,089,596.00 | 27.2x | -90x | 1.4x |
| Tue, 14 Jan 2025 | AU$16.3b | AU$12.1b | -AU$189,198,596.00 | 20.7x | -86.3x | 1.3x |
| Thu, 12 Dec 2024 | AU$16.7b | AU$12.4b | -AU$204,051,596.00 | 20.9x | -81.6x | 1.3x |
| Sat, 09 Nov 2024 | AU$16.3b | AU$12.4b | -AU$204,051,596.00 | 22.2x | -79.9x | 1.3x |
| Mon, 07 Oct 2024 | AU$16.4b | AU$12.4b | -AU$204,051,596.00 | 21.1x | -80.4x | 1.3x |
| Wed, 04 Sep 2024 | AU$16.6b | AU$12.3b | -AU$204,942,596.00 | 26.3x | -80.8x | 1.3x |
| Fri, 02 Aug 2024 | AU$15.9b | AU$11.7b | -AU$546,405,128.00 | 29.7x | -29.1x | 1.4x |
| Sun, 30 Jun 2024 | AU$15.4b | AU$11.7b | -AU$546,405,128.00 | 28.8x | -28.2x | 1.3x |
| Tue, 28 May 2024 | AU$14.2b | AU$11.7b | -AU$546,405,128.00 | 26x | -26x | 1.2x |
| Thu, 25 Apr 2024 | AU$15.3b | AU$11.7b | -AU$546,405,128.00 | 29.3x | -28.1x | 1.3x |
| Sat, 23 Mar 2024 | AU$16.1b | AU$11.7b | -AU$546,405,128.00 | 30.8x | -29.5x | 1.4x |
| Mon, 19 Feb 2024 | AU$17.7b | AU$11.4b | AU$326.9m | 20.9x | 54.1x | 1.5x |
| Wed, 17 Jan 2024 | AU$17.9b | AU$11.8b | AU$325.1m | 23.1x | 55x | 1.5x |
| Fri, 15 Dec 2023 | AU$17.7b | AU$11.8b | AU$325.1m | 21.5x | 54.5x | 1.5x |
| Sun, 12 Nov 2023 | AU$17.3b | AU$11.8b | AU$325.1m | 20.8x | 53.3x | 1.5x |
| Tue, 10 Oct 2023 | AU$17.5b | AU$11.8b | AU$325.1m | 25.2x | 53.7x | 1.5x |
| Thu, 07 Sep 2023 | AU$18.6b | AU$11.8b | AU$325.9m | 26.1x | 57.2x | 1.6x |
| Sat, 05 Aug 2023 | AU$20.1b | AU$12.5b | AU$1.1b | 24.1x | 18.4x | 1.6x |
| Mon, 03 Jul 2023 | AU$21.0b | AU$12.5b | AU$1.1b | 24.5x | 19.2x | 1.7x |
| Wed, 31 May 2023 | AU$20.8b | AU$12.5b | AU$1.1b | 23x | 19.1x | 1.7x |
| Fri, 28 Apr 2023 | AU$20.9b | AU$12.5b | AU$1.1b | 22.4x | 19.1x | 1.7x |
| Sun, 26 Mar 2023 | AU$20.2b | AU$12.5b | AU$1.1b | 16.8x | 18.5x | 1.6x |
| Tue, 21 Feb 2023 | AU$19.8b | AU$13.0b | AU$1.5b | 15.5x | 13.4x | 1.5x |
| Thu, 19 Jan 2023 | AU$19.3b | AU$13.7b | AU$1.9b | 15.4x | 10.1x | 1.4x |
| Sat, 17 Dec 2022 | AU$18.6b | AU$13.7b | AU$1.9b | 15.3x | 9.7x | 1.4x |
| Mon, 14 Nov 2022 | AU$20.5b | AU$13.7b | AU$1.9b | 18.7x | 10.7x | 1.5x |
| Wed, 12 Oct 2022 | AU$18.9b | AU$13.7b | AU$1.9b | 16.3x | 9.9x | 1.4x |
| Fri, 09 Sep 2022 | AU$20.3b | AU$13.7b | AU$1.9b | 20x | 10.6x | 1.5x |
| Sun, 07 Aug 2022 | AU$22.1b | AU$13.2b | AU$1.8b | 25.4x | 12.1x | 1.7x |
| Tue, 05 Jul 2022 | AU$20.5b | AU$13.1b | AU$1.8b | 21.7x | 11.2x | 1.6x |
| Thu, 02 Jun 2022 | AU$22.8b | AU$13.1b | AU$1.8b | 25.2x | 12.5x | 1.7x |
Price to Earnings Ratio
12.5x
Current Industry PE
- Investors are optimistic on the Australian Healthcare Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 28.4x which is higher than its 3-year average PE of 0.011x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have declined 34% 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 Comparison
How does Australian Healthcare Services compare with similar industries?
| AU Market | 0.14% | |
| Healthcare | 0.95% | |
| Healthcare Services | 1.93% | |
| Healthcare Services | -2.16% | |
| Healthcare Distributors | 4.42% | |
| Healthcare Facilities | -0.31% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IIQ INOVIQ | AU$0.44 | 17.3% +AU$7.3m | -8.3% | PS29.1x |
