Benign Growth For Alcidion Group Limited (ASX:ALC) Underpins Stock's 28% Plummet
Jun 14
Australian (ASX) Healthtech Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies20
- 7D3.4%
- 3M29.7%
- 1Y74.5%
- YTD30.5%
Over the last 7 days, the Healthtech industry has risen 3.4%, driven by gains from Pro Medicus of 4.2%. In the same time, 4DMedical was down 8.8%. This means that the industry has gained 75% 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | AU$15.1b | AU$534.0m | -AU$81,860,469.25 | 109.7x | -184.1x | 28.2x |
| Mon, 13 May 2024 | AU$13.7b | AU$567.9m | -AU$89,939,762.14 | 99.3x | -152.5x | 24.2x |
| Wed, 10 Apr 2024 | AU$13.2b | AU$569.3m | -AU$102,992,634.86 | 95.6x | -127.9x | 23.1x |
| Fri, 08 Mar 2024 | AU$12.0b | AU$572.0m | -AU$102,513,527.63 | 86.5x | -117.3x | 21x |
| Sun, 04 Feb 2024 | AU$12.7b | AU$531.1m | -AU$141,574,535.00 | 109.6x | -89.7x | 23.9x |
| Tue, 02 Jan 2024 | AU$11.9b | AU$525.5m | -AU$138,900,366.00 | 106.1x | -85.7x | 22.6x |
| Thu, 30 Nov 2023 | AU$11.0b | AU$528.1m | -AU$107,057,599.00 | 98.7x | -102.6x | 20.8x |
| Sat, 28 Oct 2023 | AU$9.5b | AU$527.5m | -AU$107,495,903.00 | 88.2x | -88.5x | 18x |
| Mon, 25 Sep 2023 | AU$9.1b | AU$527.5m | -AU$112,598,605.00 | 85.2x | -81.2x | 17.3x |
| Wed, 23 Aug 2023 | AU$9.2b | AU$522.6m | -AU$145,013,296.00 | 84.7x | -63.2x | 17.5x |
| Fri, 21 Jul 2023 | AU$8.7b | AU$497.8m | -AU$152,434,074.00 | 93.2x | -56.8x | 17.4x |
| Sun, 18 Jun 2023 | AU$8.9b | AU$495.9m | -AU$151,305,208.00 | 101.7x | -58.8x | 17.9x |
| Tue, 16 May 2023 | AU$7.9b | AU$494.4m | -AU$145,609,157.00 | 88.9x | -54.5x | 16.1x |
| Thu, 13 Apr 2023 | AU$8.2b | AU$494.3m | -AU$145,496,987.00 | 88.9x | -56.2x | 16.5x |
| Sat, 11 Mar 2023 | AU$7.8b | AU$493.6m | -AU$144,191,718.00 | 85.5x | -54.4x | 15.9x |
| Mon, 06 Feb 2023 | AU$8.9b | AU$440.1m | -AU$154,415,624.00 | 96.5x | -57.3x | 20.1x |
| Wed, 04 Jan 2023 | AU$7.3b | AU$443.0m | -AU$155,365,891.00 | 79x | -47.2x | 16.6x |
| Fri, 02 Dec 2022 | AU$7.8b | AU$444.4m | -AU$155,605,048.00 | 84.3x | -50.4x | 17.7x |
| Sun, 30 Oct 2022 | AU$7.2b | AU$443.0m | -AU$157,945,267.00 | 76.8x | -45.7x | 16.3x |
| Tue, 27 Sep 2022 | AU$6.9b | AU$436.0m | -AU$153,945,004.00 | 72.5x | -44.6x | 15.7x |
| Thu, 25 Aug 2022 | AU$7.0b | AU$408.1m | -AU$129,152,797.00 | 71.1x | -54x | 17.1x |
| Sat, 23 Jul 2022 | AU$6.9b | AU$385.2m | -AU$130,441,677.00 | 81.2x | -52.8x | 17.9x |
| Mon, 20 Jun 2022 | AU$5.3b | AU$386.2m | -AU$131,486,928.00 | 61.7x | -40.2x | 13.7x |
| Wed, 18 May 2022 | AU$5.9b | AU$383.2m | -AU$132,247,947.00 | 65.2x | -44.3x | 15.3x |
| Fri, 15 Apr 2022 | AU$7.1b | AU$378.7m | -AU$133,772,610.00 | 82.1x | -53.3x | 18.8x |
| Sun, 13 Mar 2022 | AU$6.3b | AU$381.0m | -AU$134,496,432.00 | 71x | -46.9x | 16.6x |
| Tue, 08 Feb 2022 | AU$7.0b | AU$302.3m | -AU$138,479,431.00 | 98.7x | -50.4x | 23.1x |
| Thu, 06 Jan 2022 | AU$8.6b | AU$300.1m | -AU$137,340,881.00 | 128.1x | -62.8x | 28.7x |
| Sat, 04 Dec 2021 | AU$8.6b | AU$301.6m | -AU$137,824,054.00 | 125x | -62.4x | 28.5x |
| Mon, 01 Nov 2021 | AU$8.3b | AU$295.0m | -AU$132,895,700.00 | 119.6x | -62.4x | 28.1x |
| Wed, 29 Sep 2021 | AU$8.4b | AU$298.7m | -AU$134,616,210.00 | 119.8x | -62.4x | 28.1x |
| Fri, 27 Aug 2021 | AU$9.1b | AU$293.3m | -AU$131,340,378.97 | 125.7x | -69.3x | 31x |
| Sat, 03 Jul 2021 | AU$8.7b | AU$293.3m | -AU$131,340,378.97 | 115.8x | -66.3x | 29.7x |
Price to Earnings Ratio
-66.3x
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 28.2x.
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 22% 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 | -1.68% | |
| Healthcare | -0.085% | |
| Healthtech | 3.42% | |
| Healthtech | 3.42% | |
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$131.17 | 4.2% +AU$553.5m | 90.6% | PE196.5x | |
| TD1 TALi Digital | AU$0.002 | 100.0% +AU$3.3m | 33.3% | PS14.5x | |
| DOC Doctor Care Anywhere Group | AU$0.07 | 11.1% +AU$2.6m | 34.6% | PS0.3x | |
| GLH Global Health | AU$0.11 | 10.0% +AU$580.5k | -15.4% | PS0.7x | |
| ICR Intelicare Holdings | AU$0.01 | 11.1% +AU$236.0k | -16.7% | PS6.2x |
