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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023AU$10.9bAU$527.0m-AU$106,638,231.0098.7x-102.5x20.7x
Wed, 01 Nov 2023AU$9.4bAU$527.6m-AU$107,692,570.0086.7x-86.9x17.7x
Fri, 29 Sep 2023AU$10.1bAU$528.2m-AU$112,131,741.0093.4x-90.5x19.2x
Sun, 27 Aug 2023AU$9.3bAU$524.0m-AU$147,030,775.0084.5x-63.2x17.7x
Tue, 25 Jul 2023AU$8.8bAU$499.1m-AU$152,742,232.0092.8x-57.6x17.6x
Thu, 22 Jun 2023AU$8.9bAU$497.7m-AU$151,865,340.0098.6x-58.7x17.9x
Sat, 20 May 2023AU$8.0bAU$495.1m-AU$145,768,879.0088.7x-54.7x16.1x
Mon, 17 Apr 2023AU$8.2bAU$493.6m-AU$145,295,836.0086.7x-56.4x16.6x
Wed, 15 Mar 2023AU$7.8bAU$493.2m-AU$144,457,155.0084.3x-53.8x15.8x
Fri, 10 Feb 2023AU$8.7bAU$439.4m-AU$154,352,916.0096.6x-56.6x19.9x
Sun, 08 Jan 2023AU$7.4bAU$441.1m-AU$154,756,478.0079.6x-47.6x16.7x
Tue, 06 Dec 2022AU$8.0bAU$444.0m-AU$155,977,084.0086x-51.2x18x
Thu, 03 Nov 2022AU$7.4bAU$442.8m-AU$157,579,379.0078.6x-47.1x16.8x
Sat, 01 Oct 2022AU$6.8bAU$437.8m-AU$154,733,120.0075.1x-43.8x15.5x
Mon, 29 Aug 2022AU$7.2bAU$405.2m-AU$128,899,642.0073.4x-55.7x17.7x
Wed, 27 Jul 2022AU$6.5bAU$384.5m-AU$130,414,568.0076.5x-49.9x16.9x
Fri, 24 Jun 2022AU$5.4bAU$386.4m-AU$131,817,631.0064.1x-41.1x14x
Sun, 22 May 2022AU$6.0bAU$382.3m-AU$132,452,735.0067.5x-45.4x15.7x
Tue, 19 Apr 2022AU$7.1bAU$379.0m-AU$133,878,071.0082.1x-53.3x18.8x
Thu, 17 Mar 2022AU$6.5bAU$383.0m-AU$135,151,615.0072.9x-48.4x17.1x
Sat, 12 Feb 2022AU$7.0bAU$300.9m-AU$137,842,587.0099.5x-51x23.4x
Mon, 10 Jan 2022AU$8.2bAU$301.1m-AU$137,898,401.00121.3x-59.8x27.4x
Wed, 08 Dec 2021AU$8.3bAU$302.5m-AU$138,104,317.00121.2x-60.3x27.5x
Fri, 05 Nov 2021AU$8.8bAU$296.0m-AU$133,454,711.00126.7x-65.8x29.7x
Sun, 03 Oct 2021AU$8.4bAU$298.4m-AU$134,067,286.00119.4x-62.5x28.1x
Tue, 31 Aug 2021AU$9.2bAU$293.3m-AU$131,340,378.97127.5x-70.2x31.4x
Wed, 07 Jul 2021AU$8.7bAU$293.3m-AU$131,340,378.97115.8x-66.3x29.7x
Sat, 10 Apr 2021AU$6.9bAU$263.5m-AU$137,977,124.7599.3x-50.2x26.3x
Fri, 01 Jan 2021AU$6.1bAU$239.5m-AU$143,813,266.05146.5x-42.8x25.7x
Price to Earnings Ratio

-55x


Total Market Cap: AU$5.2bTotal Earnings: -AU$94,800,339.82Total Revenue: AU$208.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthtech Industry Price to Earnings3Y Average -57.4x202120222023
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 Market0.46%
Healthcare2.12%
Healthtech0.40%
Healthtech0.40%
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?

CompanyLast Price7D1YValuation
M7T Mach7 TechnologiesAU$0.7221.8%
+AU$31.4m
23.9%PS5.8x
4DX 4DMedicalAU$0.974.9%
+AU$15.6m
115.6%PS467.8x
ONE Oneview HealthcareAU$0.215.0%
+AU$6.7m
61.5%PS9.2x
MDR MedAdvisorAU$0.214.9%
+AU$5.5m
-10.4%PS1.2x
VHT Volpara Health TechnologiesAU$0.772.0%
+AU$3.8m
22.4%PS5.5x
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Latest News

4DX

AU$0.97

4DMedical

7D

4.9%

1Y

115.6%

ONE

AU$0.21

Oneview Healthcare

7D

5.0%

1Y

61.5%

DOC

AU$0.046

Doctor Care Anywhere Group

7D

-4.2%

1Y

-17.9%

PME

AU$88.06

Pro Medicus

7D

-0.02%

1Y

44.4%

HIQ

AU$0.018

HITIQ

7D

-21.7%

1Y

-47.1%

VHT

AU$0.77

Volpara Health Technologies

7D

2.0%

1Y

22.4%

MDR

AU$0.21

MedAdvisor

7D

4.9%

1Y

-10.4%

CTQ

AU$0.024

Careteq

7D

-4.0%

1Y

-64.7%

BMT

AU$0.23

Beamtree Holdings

7D

-6.0%

1Y

-21.7%

CGS

AU$1.44

Cogstate

7D

-6.2%

1Y

-22.2%

ICR

AU$0.026

Intelicare Holdings

7D

73.3%

1Y

0%

TD1

AU$0.002

TALi Digital

7D

100.0%

1Y

-33.3%

PCK

AU$0.038

PainChek

7D

-11.6%

1Y

2.7%

IME

AU$0.66

ImExHS

7D

7.3%

1Y

38.9%