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Australian (ASX) Healthtech Industry Analysis
UpdatedDec 02, 2024
DataAggregated Company Financials
Companies19
- 7D13.0%
- 3M60.6%
- 1Y158.0%
- YTD128.3%
Over the last 7 days, the Healthtech industry has risen 13%, driven by gains from Pro Medicus of 14%. During this same period, the ImExHS underperformed, falling 20%. This means that the industry has gained 158% over the past year. Earnings are forecast to grow by 22% annually.
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, 02 Dec 2024 | AU$27.6b | AU$582.1m | -AU$62,884,265.01 | 215.8x | -438.4x | 47.4x |
| Wed, 30 Oct 2024 | AU$21.3b | AU$582.9m | -AU$63,203,205.51 | 233.2x | -337.4x | 36.6x |
| Fri, 27 Sep 2024 | AU$19.4b | AU$578.1m | -AU$62,091,541.90 | 218x | -311.7x | 33.5x |
| Sun, 25 Aug 2024 | AU$17.2b | AU$552.5m | -AU$67,778,692.81 | 107.1x | -254.4x | 31.2x |
| Tue, 23 Jul 2024 | AU$15.2b | AU$534.5m | -AU$82,084,650.46 | 110.3x | -185.1x | 28.4x |
| Thu, 20 Jun 2024 | AU$15.6b | AU$532.9m | -AU$81,572,353.50 | 113.3x | -191x | 29.2x |
| Sat, 18 May 2024 | AU$13.9b | AU$567.8m | -AU$89,823,140.19 | 100.9x | -154.8x | 24.5x |
| Mon, 15 Apr 2024 | AU$12.9b | AU$571.6m | -AU$103,578,206.83 | 93x | -124.5x | 22.6x |
| Wed, 13 Mar 2024 | AU$12.1b | AU$570.9m | -AU$102,950,754.07 | 86.8x | -117.9x | 21.3x |
| Fri, 09 Feb 2024 | AU$12.8b | AU$527.7m | -AU$134,619,476.59 | 110.6x | -95.2x | 24.3x |
| Sun, 07 Jan 2024 | AU$11.3b | AU$527.3m | -AU$139,729,386.00 | 100.7x | -81.2x | 21.5x |
| Tue, 05 Dec 2023 | AU$10.9b | AU$527.4m | -AU$106,715,104.00 | 98.6x | -102.5x | 20.7x |
| Thu, 02 Nov 2023 | AU$9.7b | AU$527.6m | -AU$107,512,181.00 | 90.7x | -90.7x | 18.5x |
| Sat, 30 Sep 2023 | AU$10.4b | AU$527.2m | -AU$111,970,337.00 | 95.5x | -92.7x | 19.7x |
| Mon, 28 Aug 2023 | AU$9.3b | AU$524.0m | -AU$147,030,775.00 | 84.5x | -63.2x | 17.7x |
| Wed, 26 Jul 2023 | AU$8.7b | AU$498.7m | -AU$152,581,940.00 | 92x | -57.2x | 17.5x |
| Fri, 23 Jun 2023 | AU$8.9b | AU$498.2m | -AU$152,201,357.00 | 98.6x | -58.6x | 17.9x |
| Sun, 21 May 2023 | AU$8.0b | AU$495.2m | -AU$145,783,044.00 | 88.6x | -54.7x | 16.1x |
| Tue, 18 Apr 2023 | AU$8.2b | AU$493.5m | -AU$145,199,019.00 | 87.7x | -56.7x | 16.7x |
| Thu, 16 Mar 2023 | AU$7.9b | AU$493.3m | -AU$144,234,321.00 | 85.3x | -54.9x | 16x |
| Sat, 11 Feb 2023 | AU$8.5b | AU$440.1m | -AU$154,465,961.00 | 94.1x | -55.1x | 19.3x |
| Mon, 09 Jan 2023 | AU$7.4b | AU$441.1m | -AU$154,756,478.00 | 79.6x | -47.6x | 16.7x |
| Wed, 07 Dec 2022 | AU$7.9b | AU$444.8m | -AU$156,124,301.00 | 84.6x | -50.5x | 17.7x |
| Fri, 04 Nov 2022 | AU$7.4b | AU$442.8m | -AU$157,579,379.00 | 78.6x | -47.1x | 16.8x |
| Sun, 02 Oct 2022 | AU$6.8b | AU$437.8m | -AU$154,733,120.00 | 75.1x | -43.8x | 15.5x |
| Tue, 30 Aug 2022 | AU$7.0b | AU$408.4m | -AU$132,537,765.00 | 71.8x | -53.1x | 17.2x |
| Thu, 28 Jul 2022 | AU$6.7b | AU$384.5m | -AU$130,306,197.00 | 78.3x | -51.4x | 17.4x |
| Sat, 25 Jun 2022 | AU$5.8b | AU$386.8m | -AU$131,805,384.00 | 69.6x | -44.2x | 15.1x |
| Mon, 23 May 2022 | AU$6.0b | AU$382.3m | -AU$132,452,735.00 | 67.5x | -45.4x | 15.7x |
| Wed, 20 Apr 2022 | AU$7.2b | AU$379.4m | -AU$133,905,889.00 | 81.8x | -53.6x | 18.9x |
| Fri, 18 Mar 2022 | AU$6.8b | AU$382.3m | -AU$135,059,033.00 | 75.8x | -50x | 17.7x |
| Sun, 13 Feb 2022 | AU$7.0b | AU$300.9m | -AU$137,842,587.00 | 99.5x | -51x | 23.4x |
| Tue, 11 Jan 2022 | AU$8.1b | AU$301.1m | -AU$137,898,401.00 | 119.5x | -58.8x | 26.9x |
| Thu, 09 Dec 2021 | AU$8.6b | AU$301.0m | -AU$137,305,513.00 | 126.2x | -62.7x | 28.6x |
Price to Earnings Ratio
-62.7x
Current Industry PE
- Investors are optimistic on the Australian Healthcare Services industry, and appear confident in long term growth rates.
- The industry's 3-year average PS ratio of 21.3x is exceeded by the industry's current PS ratio of 47.4x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have improved over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Australian Healthcare industry?
| AU Market | 0.71% | |
| Healthcare | 3.84% | |
| Healthtech | 13.03% | |
| Healthtech | 13.03% | |
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 | |
|---|---|---|---|---|---|
| PME Pro Medicus | AU$248.83 | 9.3% +AU$2.2b | 182.2% | PE314.1x | |
| CGS Cogstate | AU$1.07 | 11.5% +AU$19.0m | -25.2% | PE22.1x | |
| ONE Oneview Healthcare | AU$0.32 | 4.9% +AU$11.1m | 42.2% | PS15.1x | |
| AYA Artrya | AU$0.50 | 19.0% +AU$7.3m | 177.8% | PB2.7x | |
| BMT Beamtree Holdings | AU$0.27 | 8.0% +AU$5.8m | 22.7% | PS2.8x |