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Australian (ASX) Healthtech Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies23
  • 7D-0.7%
  • 3M-2.7%
  • 1Y58.3%
  • YTD35.6%

Over the last 7 days, the Healthtech industry has remained flat, although notably 4DMedical gained 15%. The past year has been better, since the industry has gained 58% in that time.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021AU$9.0bAU$301.4m-AU$137,736,828.00128.7x
Tue, 26 Oct 2021AU$8.5bAU$295.4m-AU$133,314,801.00121.1x
Thu, 23 Sep 2021AU$8.8bAU$299.4m-AU$134,922,656.00126.3x
Sat, 21 Aug 2021AU$9.4bAU$293.3m-AU$131,340,378.97130.3x
Sat, 05 Jun 2021AU$7.4bAU$263.5m-AU$137,977,124.75107.9x
Tue, 09 Mar 2021AU$7.2bAU$239.5m-AU$143,813,266.05156.6x
Mon, 30 Nov 2020AU$5.2bAU$208.3m-AU$94,800,339.82129.2x
Thu, 03 Sep 2020AU$4.0bAU$196.7m-AU$81,046,537.35131.4x
Sun, 07 Jun 2020AU$4.2bAU$192.9m-AU$85,116,490.97132.7x
Sat, 29 Feb 2020AU$3.1bAU$169.2m-AU$73,098,823.4894.8x
Tue, 03 Dec 2019AU$3.8bAU$165.4m-AU$70,600,508.94124.6x
Fri, 06 Sep 2019AU$4.8bAU$161.7m-AU$81,607,480.24199.4x
Mon, 10 Jun 2019AU$3.2bAU$153.6m-AU$84,313,796.53134.6x
Sun, 03 Mar 2019AU$1.9bAU$148.7m-AU$89,968,191.1289.9x
Wed, 05 Dec 2018AU$1.6bAU$140.3m-AU$89,270,995.2581x
PE Ratio

81x

Total Market Cap: AU$1.6bTotal Earnings: -AU$89,270,995.25Total Revenue: AU$140.3m0%0%0%3 Year10 Year
201920202021

Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Healthcare Services industry have deteriorated over the last three years, while revenues for these companies have grown 29% 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 Healthtech industry?

Healthtech-0.66%

Industry PE: Investors are most optimistic about the Healthtech industry, which is trading close to its 3-year average PE ratio of 121x. However analysts expect its future annual earnings growth (36%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.

Forecasted Growth: Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 36% over the next 5 years. This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
4DX 4DMedical15.2%+AU$53.0m-41.9%PS1869.9x
PCK PainChek22.0%+AU$12.5m-27.4%PS305x
BMT Beamtree Holdings10.6%+AU$12.2m46.5%PS15.1x
VHT Volpara Health Technologies2.3%+AU$6.3m-21.3%PS12.7x
SHG Singular Health Group5.7%+AU$1.5mn/aPS63.2x
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4DX

AU$1.37

4DMedical

7D

15.2%

1Y

-41.9%

HIQ

AU$0.16

HITIQ

7D

-5.9%

1Y

n/a

IME

AU$1.02

ImExHS

7D

-5.1%

1Y

-32.9%

IRX

AU$0.095

InhaleRx

7D

-5.0%

1Y

11.8%

ADR

AU$0.011

Adherium

7D

-8.3%

1Y

-65.6%