Mach7 Technologies (ASX:M7T) Is In A Strong Position To Grow Its Business
Nov 23
Australian (ASX) Healthtech Industry Analysis
UpdatedDec 04, 2023
DataAggregated Company Financials
Companies20
- 7D0.4%
- 3M17.4%
- 1Y37.6%
- YTD51.6%
Last week, the Healthtech industry hasn't moved much but Mach7 Technologies is up 22% in that time. As for the the longer term, the industry is up 38% over the past 12 months. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Australian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | AU$10.9b | AU$527.0m | -AU$106,638,231.00 | 98.7x | -102.5x | 20.7x |
| Wed, 01 Nov 2023 | AU$9.4b | AU$527.6m | -AU$107,692,570.00 | 86.7x | -86.9x | 17.7x |
| Fri, 29 Sep 2023 | AU$10.1b | AU$528.2m | -AU$112,131,741.00 | 93.4x | -90.5x | 19.2x |
| Sun, 27 Aug 2023 | AU$9.3b | AU$524.0m | -AU$147,030,775.00 | 84.5x | -63.2x | 17.7x |
| Tue, 25 Jul 2023 | AU$8.8b | AU$499.1m | -AU$152,742,232.00 | 92.8x | -57.6x | 17.6x |
| Thu, 22 Jun 2023 | AU$8.9b | AU$497.7m | -AU$151,865,340.00 | 98.6x | -58.7x | 17.9x |
| Sat, 20 May 2023 | AU$8.0b | AU$495.1m | -AU$145,768,879.00 | 88.7x | -54.7x | 16.1x |
| Mon, 17 Apr 2023 | AU$8.2b | AU$493.6m | -AU$145,295,836.00 | 86.7x | -56.4x | 16.6x |
| Wed, 15 Mar 2023 | AU$7.8b | AU$493.2m | -AU$144,457,155.00 | 84.3x | -53.8x | 15.8x |
| Fri, 10 Feb 2023 | AU$8.7b | AU$439.4m | -AU$154,352,916.00 | 96.6x | -56.6x | 19.9x |
| Sun, 08 Jan 2023 | AU$7.4b | AU$441.1m | -AU$154,756,478.00 | 79.6x | -47.6x | 16.7x |
| Tue, 06 Dec 2022 | AU$8.0b | AU$444.0m | -AU$155,977,084.00 | 86x | -51.2x | 18x |
| Thu, 03 Nov 2022 | AU$7.4b | AU$442.8m | -AU$157,579,379.00 | 78.6x | -47.1x | 16.8x |
| Sat, 01 Oct 2022 | AU$6.8b | AU$437.8m | -AU$154,733,120.00 | 75.1x | -43.8x | 15.5x |
| Mon, 29 Aug 2022 | AU$7.2b | AU$405.2m | -AU$128,899,642.00 | 73.4x | -55.7x | 17.7x |
| Wed, 27 Jul 2022 | AU$6.5b | AU$384.5m | -AU$130,414,568.00 | 76.5x | -49.9x | 16.9x |
| Fri, 24 Jun 2022 | AU$5.4b | AU$386.4m | -AU$131,817,631.00 | 64.1x | -41.1x | 14x |
| Sun, 22 May 2022 | AU$6.0b | AU$382.3m | -AU$132,452,735.00 | 67.5x | -45.4x | 15.7x |
| Tue, 19 Apr 2022 | AU$7.1b | AU$379.0m | -AU$133,878,071.00 | 82.1x | -53.3x | 18.8x |
| Thu, 17 Mar 2022 | AU$6.5b | AU$383.0m | -AU$135,151,615.00 | 72.9x | -48.4x | 17.1x |
| Sat, 12 Feb 2022 | AU$7.0b | AU$300.9m | -AU$137,842,587.00 | 99.5x | -51x | 23.4x |
| Mon, 10 Jan 2022 | AU$8.2b | AU$301.1m | -AU$137,898,401.00 | 121.3x | -59.8x | 27.4x |
| Wed, 08 Dec 2021 | AU$8.3b | AU$302.5m | -AU$138,104,317.00 | 121.2x | -60.3x | 27.5x |
| Fri, 05 Nov 2021 | AU$8.8b | AU$296.0m | -AU$133,454,711.00 | 126.7x | -65.8x | 29.7x |
| Sun, 03 Oct 2021 | AU$8.4b | AU$298.4m | -AU$134,067,286.00 | 119.4x | -62.5x | 28.1x |
| Tue, 31 Aug 2021 | AU$9.2b | AU$293.3m | -AU$131,340,378.97 | 127.5x | -70.2x | 31.4x |
| Wed, 07 Jul 2021 | AU$8.7b | AU$293.3m | -AU$131,340,378.97 | 115.8x | -66.3x | 29.7x |
| Sat, 10 Apr 2021 | AU$6.9b | AU$263.5m | -AU$137,977,124.75 | 99.3x | -50.2x | 26.3x |
| Fri, 01 Jan 2021 | AU$6.1b | AU$239.5m | -AU$143,813,266.05 | 146.5x | -42.8x | 25.7x |
Price to Earnings Ratio
-55x
Current Industry PE
- Investors are relatively neutral on the Australian Healthcare Services 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 PS ratio of 21.6x.
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 36% 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 Market | 0.46% | |
| Healthcare | 2.12% | |
| Healthtech | 0.40% | |
| Healthtech | 0.40% | |
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 | |
|---|---|---|---|---|---|
| M7T Mach7 Technologies | AU$0.72 | 21.8% +AU$31.4m | 23.9% | PS5.8x | |
| 4DX 4DMedical | AU$0.97 | 4.9% +AU$15.6m | 115.6% | PS467.8x | |
| ONE Oneview Healthcare | AU$0.21 | 5.0% +AU$6.7m | 61.5% | PS9.2x | |
| MDR MedAdvisor | AU$0.21 | 4.9% +AU$5.5m | -10.4% | PS1.2x | |
| VHT Volpara Health Technologies | AU$0.77 | 2.0% +AU$3.8m | 22.4% | PS5.5x |