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Australian (ASX) Healthtech Industry Analysis

UpdatedJan 07, 2026
DataAggregated Company Financials
Companies16
  • 7D-3.0%
  • 3M-22.0%
  • 1Y-6.2%
  • YTD-4.1%

Over the last 7 days, the Healthtech industry has dropped 3.0%, driven by a pullback from Pro Medicus of 2.7%. Meanwhile, 4DMedical actually outperformed within the industry, gaining 19% in the last week. The industry has fallen 6.2% in the last year. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

Has the Australian Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jan 2026AU$26.7bAU$464.8mAU$2.1m64.5x12827.7x57.3x
Fri, 05 Dec 2025AU$29.2bAU$466.4mAU$1.6m65.1x17847.8x62.6x
Sun, 02 Nov 2025AU$30.2bAU$467.2mAU$1.6m62.5x18608.7x64.6x
Tue, 30 Sep 2025AU$33.9bAU$467.3mAU$1.3m66.3x25536.8x72.5x
Thu, 28 Aug 2025AU$33.6bAU$567.3m-AU$26,963,955.69148.1x-1245.3x59.2x
Sat, 26 Jul 2025AU$35.0bAU$525.6m-AU$41,694,536.21184.5x-838.5x66.5x
Mon, 23 Jun 2025AU$30.2bAU$527.0m-AU$41,905,038.88157.4x-719.8x57.2x
Wed, 21 May 2025AU$30.4bAU$527.1m-AU$41,616,139.00158.4x-730.7x57.7x
Fri, 18 Apr 2025AU$22.8bAU$528.1m-AU$42,111,857.18119.5x-540.7x43.1x
Sun, 16 Mar 2025AU$25.7bAU$527.8m-AU$41,427,446.76134.9x-621.2x48.8x
Tue, 11 Feb 2025AU$31.2bAU$585.9m-AU$63,805,405.97125.4x-488.8x53.2x
Thu, 09 Jan 2025AU$28.3bAU$587.7m-AU$64,236,238.92153.3x-441.3x48.2x
Sat, 07 Dec 2024AU$29.3bAU$585.0m-AU$63,621,473.47219.2x-461.2x50.2x
Mon, 04 Nov 2024AU$21.7bAU$582.8m-AU$63,245,327.03174x-342.8x37.2x
Wed, 02 Oct 2024AU$20.3bAU$577.3m-AU$61,850,805.92228x-327.5x35.1x
Fri, 30 Aug 2024AU$16.8bAU$574.3m-AU$61,317,232.56185.7x-273.3x29.2x
Sun, 28 Jul 2024AU$15.6bAU$536.7m-AU$82,725,809.88113.9x-188.6x29.1x
Tue, 25 Jun 2024AU$16.1bAU$533.0m-AU$81,603,715.92117.2x-197.5x30.2x
Thu, 23 May 2024AU$13.4bAU$533.2m-AU$81,742,465.7098.9x-163.5x25.1x
Sat, 20 Apr 2024AU$12.3bAU$572.4m-AU$103,836,832.2689.4x-118.5x21.5x
Mon, 18 Mar 2024AU$11.9bAU$571.6m-AU$103,159,055.2884.9x-115.2x20.8x
Wed, 14 Feb 2024AU$12.9bAU$527.5m-AU$134,446,193.21110.8x-96.1x24.5x
Fri, 12 Jan 2024AU$11.8bAU$527.9m-AU$140,014,098.00104.3x-84x22.3x
Sun, 10 Dec 2023AU$11.0bAU$528.0m-AU$106,676,208.0098.8x-103.4x20.9x
Tue, 07 Nov 2023AU$10.1bAU$525.8m-AU$107,505,758.0093.8x-93.7x19.2x
Thu, 05 Oct 2023AU$10.4bAU$529.6m-AU$112,444,119.0093.4x-92.7x19.7x
Sat, 02 Sep 2023AU$9.3bAU$532.0m-AU$114,620,137.0087x-81.5x17.6x
Mon, 31 Jul 2023AU$9.0bAU$501.2m-AU$153,588,090.0093.8x-58.8x18x
Wed, 28 Jun 2023AU$8.4bAU$499.7m-AU$152,687,548.0093.2x-55.2x16.9x
Fri, 26 May 2023AU$7.9bAU$496.2m-AU$145,927,000.0085.9x-53.9x15.8x
Sun, 23 Apr 2023AU$8.1bAU$493.8m-AU$145,363,794.0088.3x-55.9x16.4x
Tue, 21 Mar 2023AU$8.0bAU$492.9m-AU$144,397,640.0087.4x-55.1x16.2x
Thu, 16 Feb 2023AU$8.5bAU$441.3m-AU$153,128,608.0094.8x-55.7x19.3x
Sat, 14 Jan 2023AU$7.8bAU$440.2m-AU$154,709,515.0085.4x-50.4x17.7x
Price to Earnings Ratio

-50.4x


Total Market Cap: AU$7.8bTotal Earnings: -AU$154,709,515.00Total Revenue: AU$440.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthtech Industry Price to Earnings3Y Average 2112.2x202420252026
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 13kx which is higher than its 3-year average PE of 2kx.
  • The industry's 3-year average PS ratio of 35.4x is exceeded by the industry's current PS ratio of 57.3x.
Past Earnings Growth
  • Total earnings for the Healthcare Services industry have gone up over the last three years, and the industry is now profitable.
  • Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Australian Healthcare industry?

AU Market-0.30%
Healthcare-2.20%
Healthtech-3.02%
Healthtech-3.02%
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?

CompanyLast Price7D1YValuation
4DX 4DMedicalAU$4.6919.3%
+AU$399.1m
857.1%PS420.8x
SHG Singular Health GroupAU$0.289.8%
+AU$7.8m
43.6%PS157.7x
ADR AdheriumAU$0.00740.0%
+AU$5.0m
-50.0%PS21.5x
AYA ArtryaAU$4.740.6%
+AU$4.7m
558.3%PS26761.4x
BB1 BlinkLabAU$0.832.5%
+AU$2.5m
199.1%PS278.3x

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