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Australian (ASX) Healthtech Industry Analysis

UpdatedOct 31, 2024
DataAggregated Company Financials
Companies19
  • 7D4.7%
  • 3M32.3%
  • 1Y131.6%
  • YTD82.4%

Over the last 7 days, the Healthtech industry has risen 4.7%, driven by gains from Pro Medicus of 4.6%. Meanwhile, MedAdvisor actually underperformed within the industry, shrinking 31% in the last week. This means that the industry has gained 132% over the past year. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 31 Oct 2024AU$21.9bAU$582.5m-AU$63,139,686.81243.6x-347.5x37.7x
Sat, 28 Sep 2024AU$19.6bAU$578.2m-AU$62,138,303.06219.7x-314.9x33.8x
Mon, 26 Aug 2024AU$17.2bAU$552.5m-AU$67,778,692.81107.1x-254.4x31.2x
Wed, 24 Jul 2024AU$15.5bAU$535.1m-AU$82,230,096.74112.8x-188.6x29x
Fri, 21 Jun 2024AU$15.6bAU$532.7m-AU$81,517,015.86113.7x-191.5x29.3x
Sun, 19 May 2024AU$13.9bAU$567.2m-AU$89,727,134.03100.9x-154.9x24.5x
Tue, 16 Apr 2024AU$12.8bAU$571.2m-AU$103,464,554.6493.1x-123.4x22.4x
Thu, 14 Mar 2024AU$12.2bAU$571.0m-AU$102,990,816.9387x-118.4x21.3x
Sat, 10 Feb 2024AU$12.8bAU$527.6m-AU$134,517,049.97110.1x-95.2x24.3x
Mon, 08 Jan 2024AU$11.3bAU$527.3m-AU$139,729,386.00100.7x-81.2x21.5x
Wed, 06 Dec 2023AU$11.0bAU$529.1m-AU$107,089,199.0098.6x-103.2x20.9x
Fri, 03 Nov 2023AU$9.9bAU$525.9m-AU$107,203,875.0092.1x-92.2x18.8x
Sun, 01 Oct 2023AU$10.4bAU$527.6m-AU$112,059,669.0095.4x-92.6x19.7x
Tue, 29 Aug 2023AU$9.3bAU$524.0m-AU$147,064,545.0085.8x-63.6x17.8x
Thu, 27 Jul 2023AU$8.7bAU$499.3m-AU$152,969,272.0091.2x-57.1x17.5x
Sat, 24 Jun 2023AU$8.5bAU$499.4m-AU$152,505,285.0095.5x-55.7x17x
Mon, 22 May 2023AU$8.0bAU$495.2m-AU$145,783,044.0088.6x-54.7x16.1x
Wed, 19 Apr 2023AU$8.1bAU$493.0m-AU$145,026,765.0087.4x-55.8x16.4x
Fri, 17 Mar 2023AU$8.0bAU$492.7m-AU$143,930,689.0086.5x-55.4x16.2x
Sun, 12 Feb 2023AU$8.5bAU$440.0m-AU$154,274,789.0094.1x-55.1x19.3x
Tue, 10 Jan 2023AU$7.5bAU$440.8m-AU$154,777,614.0081.9x-48.6x17.1x
Thu, 08 Dec 2022AU$7.6bAU$445.5m-AU$156,483,107.0081.7x-48.8x17.1x
Sat, 05 Nov 2022AU$7.3bAU$443.6m-AU$157,129,789.0076.3x-46.2x16.4x
Mon, 03 Oct 2022AU$6.8bAU$439.2m-AU$156,574,115.0075x-43.3x15.4x
Wed, 31 Aug 2022AU$7.2bAU$416.4m-AU$140,069,804.0073.1x-51.3x17.3x
Fri, 29 Jul 2022AU$6.7bAU$384.5m-AU$130,306,197.0078.3x-51.4x17.4x
Sun, 26 Jun 2022AU$5.8bAU$386.2m-AU$131,700,982.0069.7x-44.2x15.1x
Tue, 24 May 2022AU$6.1bAU$382.3m-AU$132,452,735.0067.9x-45.8x15.9x
Thu, 21 Apr 2022AU$7.4bAU$379.3m-AU$133,814,284.0085.3x-55.5x19.6x
Sat, 19 Mar 2022AU$6.8bAU$380.3m-AU$134,585,205.0076.1x-50.3x17.8x
Mon, 14 Feb 2022AU$7.0bAU$300.9m-AU$137,842,587.0099.5x-51x23.4x
Wed, 12 Jan 2022AU$7.8bAU$301.0m-AU$137,852,929.00113.6x-56.5x25.9x
Fri, 10 Dec 2021AU$8.6bAU$300.4m-AU$137,057,881.00126.5x-62.6x28.6x
Sun, 07 Nov 2021AU$9.0bAU$295.9m-AU$133,082,988.00130.4x-67.6x30.4x
Price to Earnings Ratio

-67.6x


Total Market Cap: AU$9.0bTotal Earnings: -AU$133,082,988.00Total Revenue: AU$295.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthtech Industry Price to Earnings3Y Average -92.8x202220232024
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 21.1x is exceeded by the industry's current PS ratio of 37.7x.
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 25% 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-0.48%
Healthcare-0.66%
Healthtech4.72%
Healthtech4.72%
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$194.834.6%
+AU$901.8m
143.9%PE245.9x
4DX 4DMedicalAU$0.533.9%
+AU$8.2m
14.0%PS58x
PCK PainChekAU$0.03114.8%
+AU$6.5m
-26.2%PS19x
AYA ArtryaAU$0.5311.6%
+AU$4.3m
140.9%PB2.5x
CGS CogstateAU$0.982.1%
+AU$3.5m
-34.9%PE20.4x
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Latest News

CTQ

AU$0.012

Careteq

7D

-14.3%

1Y

-52.0%

PCK

AU$0.031

PainChek

7D

14.8%

1Y

-26.2%

ALC

AU$0.054

Alcidion Group

7D

-6.9%

1Y

-22.9%

AYA

AU$0.53

Artrya

7D

11.6%

1Y

140.9%

BMT

AU$0.23

Beamtree Holdings

7D

-4.2%

1Y

15.0%

ENL

AU$0.062

Enlitic

7D

6.9%

1Y

n/a

DOC

AU$0.069

Doctor Care Anywhere Group

7D

-17.9%

1Y

30.2%

CGS

AU$0.98

Cogstate

7D

2.1%

1Y

-34.9%

M7T

AU$0.46

Mach7 Technologies

7D

-12.9%

1Y

-30.5%

ADR

AU$0.013

Adherium

7D

-13.3%

1Y

-78.3%

PME

AU$194.83

Pro Medicus

7D

4.6%

1Y

143.9%

SHG

AU$0.09

Singular Health Group

7D

12.5%

1Y

119.5%

BB1

AU$0.26

BlinkLab

7D

-5.6%

1Y

n/a

4DX

AU$0.53

4DMedical

7D

3.9%

1Y

14.0%

IME

AU$0.45

ImExHS

7D

7.1%

1Y

-32.3%