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Australian (ASX) Healthtech Industry Analysis

UpdatedJun 03, 2024
DataAggregated Company Financials
Companies20
  • 7D3.4%
  • 3M17.3%
  • 1Y75.8%
  • YTD20.9%

In the last week, the Healthtech industry is up 3.4%, with Pro Medicus up 3.8%. This means that the industry has gained 76% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Jun 2024AU$14.0bAU$533.5m-AU$81,855,215.80102.7x-170.5x26.2x
Wed, 01 May 2024AU$13.3bAU$569.6m-AU$90,396,927.3297.7x-147.2x23.4x
Fri, 29 Mar 2024AU$12.5bAU$572.0m-AU$103,120,950.7991.3x-121.5x21.9x
Sun, 25 Feb 2024AU$11.9bAU$547.2m-AU$122,817,689.0785.9x-97x21.8x
Tue, 23 Jan 2024AU$12.3bAU$529.8m-AU$141,009,004.00105.9x-87.2x23.2x
Thu, 21 Dec 2023AU$11.6bAU$524.8m-AU$106,034,599.00103.5x-109.2x22.1x
Sat, 18 Nov 2023AU$10.7bAU$526.2m-AU$107,761,438.0098.1x-99.6x20.4x
Mon, 16 Oct 2023AU$10.3bAU$529.2m-AU$107,944,324.0093.5x-95.7x19.5x
Wed, 13 Sep 2023AU$9.2bAU$529.1m-AU$113,313,029.0086.2x-81.4x17.4x
Fri, 11 Aug 2023AU$9.1bAU$502.7m-AU$154,056,319.0095.6x-58.8x18x
Sun, 09 Jul 2023AU$8.4bAU$500.5m-AU$153,164,093.0090.4x-54.6x16.7x
Tue, 06 Jun 2023AU$8.4bAU$499.7m-AU$151,951,465.0095.1x-55.6x16.9x
Thu, 04 May 2023AU$8.0bAU$495.2m-AU$146,106,885.0086.9x-54.4x16.1x
Sat, 01 Apr 2023AU$8.1bAU$493.9m-AU$145,228,147.0090.4x-55.9x16.4x
Mon, 27 Feb 2023AU$7.9bAU$460.0m-AU$147,161,740.0072.2x-53.8x17.2x
Wed, 25 Jan 2023AU$8.5bAU$439.7m-AU$154,903,717.0092.5x-54.8x19.3x
Fri, 23 Dec 2022AU$7.4bAU$444.2m-AU$155,680,882.0081.4x-47.8x16.7x
Sun, 20 Nov 2022AU$7.8bAU$439.6m-AU$158,037,726.0083.9x-49.1x17.6x
Tue, 18 Oct 2022AU$7.0bAU$444.5m-AU$157,316,606.0075.2x-44.3x15.7x
Thu, 15 Sep 2022AU$7.3bAU$434.9m-AU$155,166,746.0076.3x-47.3x16.9x
Sat, 13 Aug 2022AU$7.2bAU$385.3m-AU$130,369,036.0082.7x-55.1x18.7x
Mon, 11 Jul 2022AU$6.4bAU$386.0m-AU$130,816,771.0075.4x-49.3x16.7x
Wed, 08 Jun 2022AU$5.9bAU$383.0m-AU$131,289,214.0067.6x-44.8x15.4x
Fri, 06 May 2022AU$6.6bAU$380.6m-AU$133,029,249.0075.8x-49.6x17.3x
Sun, 03 Apr 2022AU$7.0bAU$378.2m-AU$133,670,628.0080.7x-52.5x18.5x
Tue, 01 Mar 2022AU$6.8bAU$365.8m-AU$126,578,088.0076.4x-53.8x18.6x
Thu, 27 Jan 2022AU$6.8bAU$301.0m-AU$137,641,766.0095x-49.3x22.6x
Sat, 25 Dec 2021AU$8.9bAU$299.9m-AU$137,022,491.00132.4x-65.1x29.7x
Mon, 22 Nov 2021AU$8.9bAU$297.5m-AU$133,732,528.00133.1x-66.9x30.1x
Wed, 20 Oct 2021AU$8.2bAU$296.3m-AU$133,598,976.00117.7x-61.5x27.7x
Fri, 17 Sep 2021AU$8.9bAU$296.4m-AU$133,309,835.00123.7x-66.9x30.1x
Sun, 15 Aug 2021AU$8.5bAU$293.3m-AU$131,340,378.97115.6x-64.6x29x
Thu, 10 Jun 2021AU$7.4bAU$263.5m-AU$137,977,124.75107.9x-54x28.3x
Price to Earnings Ratio

-54x


Total Market Cap: AU$7.4bTotal Earnings: -AU$137,977,124.75Total Revenue: AU$263.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthtech Industry Price to Earnings3Y Average -68.3x202220232024
Current Industry PE
  • Investors are optimistic on the Australian Healthcare Services industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 20.7x is lower than the industry's current PS ratio of 26.2x.
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 27% 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-0.33%
Healthcare0.41%
Healthtech3.38%
Healthtech3.38%
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$120.123.8%
+AU$461.6m
93.3%PE179.9x
ONE Oneview HealthcareAU$0.324.9%
+AU$10.1m
52.4%PS14x
MDR MedAdvisorAU$0.443.5%
+AU$8.3m
87.2%PS2.2x
ADR AdheriumAU$0.016-30.4%
AU$2.7m
-64.4%PS5x
BMT Beamtree HoldingsAU$0.232.2%
+AU$1.8m
-16.4%PS2.6x
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