Header cover image

Australian (ASX) Healthtech Industry Analysis

UpdatedJun 15, 2024
DataAggregated Company Financials
Companies20
  • 7D3.4%
  • 3M29.7%
  • 1Y74.5%
  • YTD30.5%

In the last week, the Healthtech industry is up 3.4%, with Pro Medicus up 4.2%. During this same period, the 4DMedical underperformed, falling 8.8%. In the last 12 months, the industry was up 75%. 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
Sat, 15 Jun 2024AU$15.1bAU$534.0m-AU$81,860,469.25109.7x-184.1x28.2x
Mon, 13 May 2024AU$13.7bAU$567.9m-AU$89,939,762.1499.3x-152.5x24.2x
Wed, 10 Apr 2024AU$13.2bAU$569.3m-AU$102,992,634.8695.6x-127.9x23.1x
Fri, 08 Mar 2024AU$12.0bAU$572.0m-AU$102,513,527.6386.5x-117.3x21x
Sun, 04 Feb 2024AU$12.7bAU$531.1m-AU$141,574,535.00109.6x-89.7x23.9x
Tue, 02 Jan 2024AU$11.9bAU$525.5m-AU$138,900,366.00106.1x-85.7x22.6x
Thu, 30 Nov 2023AU$11.0bAU$528.1m-AU$107,057,599.0098.7x-102.6x20.8x
Sat, 28 Oct 2023AU$9.5bAU$527.5m-AU$107,495,903.0088.2x-88.5x18x
Mon, 25 Sep 2023AU$9.1bAU$527.5m-AU$112,598,605.0085.2x-81.2x17.3x
Wed, 23 Aug 2023AU$9.2bAU$522.6m-AU$145,013,296.0084.7x-63.2x17.5x
Fri, 21 Jul 2023AU$8.7bAU$497.8m-AU$152,434,074.0093.2x-56.8x17.4x
Sun, 18 Jun 2023AU$8.9bAU$495.9m-AU$151,305,208.00101.7x-58.8x17.9x
Tue, 16 May 2023AU$7.9bAU$494.4m-AU$145,609,157.0088.9x-54.5x16.1x
Thu, 13 Apr 2023AU$8.2bAU$494.3m-AU$145,496,987.0088.9x-56.2x16.5x
Sat, 11 Mar 2023AU$7.8bAU$493.6m-AU$144,191,718.0085.5x-54.4x15.9x
Mon, 06 Feb 2023AU$8.9bAU$440.1m-AU$154,415,624.0096.5x-57.3x20.1x
Wed, 04 Jan 2023AU$7.3bAU$443.0m-AU$155,365,891.0079x-47.2x16.6x
Fri, 02 Dec 2022AU$7.8bAU$444.4m-AU$155,605,048.0084.3x-50.4x17.7x
Sun, 30 Oct 2022AU$7.2bAU$443.0m-AU$157,945,267.0076.8x-45.7x16.3x
Tue, 27 Sep 2022AU$6.9bAU$436.0m-AU$153,945,004.0072.5x-44.6x15.7x
Thu, 25 Aug 2022AU$7.0bAU$408.1m-AU$129,152,797.0071.1x-54x17.1x
Sat, 23 Jul 2022AU$6.9bAU$385.2m-AU$130,441,677.0081.2x-52.8x17.9x
Mon, 20 Jun 2022AU$5.3bAU$386.2m-AU$131,486,928.0061.7x-40.2x13.7x
Wed, 18 May 2022AU$5.9bAU$383.2m-AU$132,247,947.0065.2x-44.3x15.3x
Fri, 15 Apr 2022AU$7.1bAU$378.7m-AU$133,772,610.0082.1x-53.3x18.8x
Sun, 13 Mar 2022AU$6.3bAU$381.0m-AU$134,496,432.0071x-46.9x16.6x
Tue, 08 Feb 2022AU$7.0bAU$302.3m-AU$138,479,431.0098.7x-50.4x23.1x
Thu, 06 Jan 2022AU$8.6bAU$300.1m-AU$137,340,881.00128.1x-62.8x28.7x
Sat, 04 Dec 2021AU$8.6bAU$301.6m-AU$137,824,054.00125x-62.4x28.5x
Mon, 01 Nov 2021AU$8.3bAU$295.0m-AU$132,895,700.00119.6x-62.4x28.1x
Wed, 29 Sep 2021AU$8.4bAU$298.7m-AU$134,616,210.00119.8x-62.4x28.1x
Fri, 27 Aug 2021AU$9.1bAU$293.3m-AU$131,340,378.97125.7x-69.3x31x
Sat, 03 Jul 2021AU$8.7bAU$293.3m-AU$131,340,378.97115.8x-66.3x29.7x
Price to Earnings Ratio

-66.3x


Total Market Cap: AU$8.7bTotal Earnings: -AU$131,340,378.97Total Revenue: AU$293.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthtech Industry Price to Earnings3Y Average -69.5x202220232024
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%
Healthtech3.42%
Healthtech3.42%
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?

CompanyLast Price7D1YValuation
PME Pro MedicusAU$131.174.2%
+AU$553.5m
90.6%PE196.5x
TD1 TALi DigitalAU$0.002100.0%
+AU$3.3m
33.3%PS14.5x
DOC Doctor Care Anywhere GroupAU$0.0711.1%
+AU$2.6m
34.6%PS0.3x
GLH Global HealthAU$0.1110.0%
+AU$580.5k
-15.4%PS0.7x
ICR Intelicare HoldingsAU$0.0111.1%
+AU$236.0k
-16.7%PS6.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MDR

AU$0.44

MedAdvisor

7D

0%

1Y

87.2%

M7T

AU$0.65

Mach7 Technologies

7D

-3.0%

1Y

19.3%

ENL

AU$0.22

Enlitic

7D

-15.4%

1Y

n/a

ONE

AU$0.33

Oneview Healthcare

7D

-4.4%

1Y

27.5%

ICR

AU$0.01

Intelicare Holdings

7D

11.1%

1Y

-16.7%

DOC

AU$0.07

Doctor Care Anywhere Group

7D

11.1%

1Y

34.6%

PCK

AU$0.027

PainChek

7D

-3.6%

1Y

3.8%

GLH

AU$0.11

Global Health

7D

10.0%

1Y

-15.4%

TD1

AU$0.002

TALi Digital

7D

100.0%

1Y

33.3%