Header cover image

Australian (ASX) Healthtech Industry Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies22
  • 7D2.2%
  • 3M7.0%
  • 1Y-16.9%
  • YTD-16.4%

The Healthtech industry is up 2.2% in the last week, with Pro Medicus up 0.5%. During this same period, the Volpara Health Technologies underperformed, falling 7.7%. In the past year, the industry is down 17%. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022AU$7.8bAU$443.5m-AU$155,340,804.0085.4x-50.4x17.7x
Fri, 28 Oct 2022AU$7.4bAU$440.7m-AU$157,281,293.0078.8x-46.9x16.7x
Sun, 25 Sep 2022AU$6.9bAU$436.0m-AU$153,945,004.0072.2x-44.7x15.8x
Tue, 23 Aug 2022AU$7.2bAU$401.8m-AU$127,364,571.0073.2x-56.9x18x
Thu, 21 Jul 2022AU$6.5bAU$385.5m-AU$130,700,065.0076.4x-50.1x17x
Sat, 18 Jun 2022AU$5.3bAU$385.5m-AU$131,495,549.0061.7x-40.2x13.7x
Mon, 16 May 2022AU$6.0bAU$383.0m-AU$132,090,640.0066.5x-45.3x15.6x
Wed, 13 Apr 2022AU$6.9bAU$378.8m-AU$133,867,018.0079.2x-51.6x18.2x
Fri, 11 Mar 2022AU$6.6bAU$381.4m-AU$134,934,719.0075.1x-49.1x17.4x
Sun, 06 Feb 2022AU$7.0bAU$301.3m-AU$138,072,676.0097.5x-50.6x23.2x
Tue, 04 Jan 2022AU$9.2bAU$299.7m-AU$137,209,662.00134.7x-66.8x30.6x
Thu, 02 Dec 2021AU$8.6bAU$301.5m-AU$137,581,538.00125x-62.8x28.6x
Sat, 30 Oct 2021AU$8.3bAU$295.0m-AU$132,895,700.00119.6x-62.4x28.1x
Mon, 27 Sep 2021AU$8.8bAU$299.1m-AU$134,807,343.00127.3x-65.6x29.6x
Wed, 25 Aug 2021AU$9.4bAU$293.3m-AU$131,340,378.97131.6x-71.6x32.1x
Thu, 01 Jul 2021AU$8.7bAU$293.3m-AU$131,340,378.97115.8x-66.3x29.7x
Sun, 04 Apr 2021AU$6.9bAU$263.5m-AU$137,977,124.7599.3x-50.2x26.3x
Wed, 06 Jan 2021AU$6.1bAU$239.5m-AU$143,813,266.05146.5x-42.8x25.7x
Sat, 10 Oct 2020AU$4.6bAU$208.3m-AU$94,800,339.82118.4x-48.5x22.1x
Fri, 03 Jul 2020AU$3.9bAU$196.7m-AU$81,046,537.35119.2x-48.3x19.9x
Mon, 06 Apr 2020AU$2.8bAU$192.9m-AU$85,116,490.9789.4x-33.1x14.6x
Thu, 09 Jan 2020AU$3.6bAU$169.2m-AU$73,098,823.48105.2x-48.7x21x
Price to Earnings Ratio

-53.9x


Total Market Cap: AU$3.8bTotal Earnings: -AU$70,600,508.94Total Revenue: AU$165.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthtech Industry Price to Earnings3Y Average -51.7x202020212022
Current Industry PE
  • Investors are pessimistic on the Australian Healthcare Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 22.7x is higher than the industry's current PS ratio of 17.7x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 39% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Trends

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

AU Market0.50%
Healthcare0.93%
Healthtech2.22%
Healthtech2.22%
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
PME Pro MedicusAU$59.280.5%
+AU$29.2m
2.5%PE139.3x
BMT Beamtree HoldingsAU$0.2833.3%
+AU$17.1m
-46.2%PS4.1x
M7T Mach7 TechnologiesAU$0.659.2%
+AU$13.2m
-26.1%PS5.7x
PCK PainChekAU$0.03826.7%
+AU$10.4m
-34.5%PS50x
MDR MedAdvisorAU$0.205.3%
+AU$5.4m
-47.4%PS1.6x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ADR

AU$0.004

Adherium

7D

-20.0%

1Y

-66.7%

VHT

AU$0.60

Volpara Health Technologies

7D

-7.7%

1Y

-46.9%

MDR

AU$0.20

MedAdvisor

7D

5.3%

1Y

-47.4%

CTQ

AU$0.062

Careteq

7D

6.9%

1Y

n/a

M7T

AU$0.65

Mach7 Technologies

7D

9.2%

1Y

-26.1%

GLH

AU$0.20

Global Health

7D

-18.0%

1Y

-48.1%

SHG

AU$0.13

Singular Health Group

7D

-19.4%

1Y

-55.4%

PCK

AU$0.038

PainChek

7D

26.7%

1Y

-34.5%

JTL

AU$0.008

Jayex Technology

7D

33.3%

1Y

-61.9%

HIQ

AU$0.037

HITIQ

7D

19.4%

1Y

-78.2%

DOC

AU$0.058

Doctor Care Anywhere Group

7D

-12.1%

1Y

-88.8%

CGS

AU$1.88

Cogstate

7D

-1.6%

1Y

-19.0%

BMT

AU$0.28

Beamtree Holdings

7D

33.3%

1Y

-46.2%

ONE

AU$0.13

Oneview Healthcare

7D

-7.1%

1Y

-42.2%