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Australian (ASX) Medical Equipment Industry Analysis

UpdatedFeb 13, 2026
DataAggregated Company Financials
Companies30
  • 7D-3.4%
  • 3M-9.0%
  • 1Y-18.1%
  • YTD-6.2%

Last week, the Medical Equipment industry hasn't moved much but EBR Systems is up 9.9% in that time. As for the longer term, the industry has declined 16% in the last year. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

Has the Australian Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Feb 2026AU$25.8bAU$6.0bAU$184.2m37.4x140.3x4.3x
Sun, 11 Jan 2026AU$27.1bAU$6.2bAU$177.7m36.1x152.3x4.4x
Tue, 09 Dec 2025AU$28.3bAU$6.3b-AU$91,952,744.3334x-308.1x4.5x
Thu, 06 Nov 2025AU$28.8bAU$6.3bAU$160.7m32.8x179.4x4.6x
Sat, 04 Oct 2025AU$28.6bAU$6.3bAU$167.1m38x171x4.6x
Mon, 01 Sep 2025AU$29.6bAU$6.3bAU$164.7m34.5x179.8x4.7x
Wed, 30 Jul 2025AU$29.6bAU$6.0bAU$197.9m41x149.7x4.9x
Fri, 27 Jun 2025AU$27.8bAU$6.0bAU$198.1m39x140.2x4.6x
Sun, 25 May 2025AU$26.3bAU$6.0bAU$197.8m37x133.1x4.4x
Tue, 22 Apr 2025AU$25.4bAU$6.1bAU$208.4m35.2x121.7x4.2x
Thu, 20 Mar 2025AU$27.1bAU$6.1bAU$204.7m37.5x132.4x4.4x
Sat, 15 Feb 2025AU$27.5bAU$6.1bAU$201.6m46.4x136.5x4.5x
Mon, 13 Jan 2025AU$29.5bAU$3.1bAU$4.2m64x7049.1x9.7x
Wed, 11 Dec 2024AU$28.8bAU$5.6bAU$156.9m54.2x183.4x5.2x
Fri, 08 Nov 2024AU$28.1bAU$5.5bAU$160.7m53.1x174.7x5.1x
Sun, 06 Oct 2024AU$28.7bAU$5.4bAU$161.1m53.7x178x5.3x
Tue, 03 Sep 2024AU$28.9bAU$5.4bAU$160.7m47.3x179.9x5.3x
Thu, 01 Aug 2024AU$31.6bAU$5.4bAU$169.9m44.7x186x5.9x
Sat, 29 Jun 2024AU$30.4bAU$5.3bAU$168.5m48.2x180.4x5.7x
Mon, 27 May 2024AU$29.1bAU$5.3bAU$168.8m37.4x172.3x5.5x
Wed, 24 Apr 2024AU$29.3bAU$5.4bAU$170.0m37.4x172.2x5.4x
Fri, 22 Mar 2024AU$29.0bAU$5.3bAU$168.7m38.8x171.7x5.4x
Sun, 18 Feb 2024AU$29.0bAU$5.1bAU$280.2m26.4x103.5x5.7x
Tue, 16 Jan 2024AU$26.3bAU$5.1bAU$243.7m24.3x108x5.2x
Thu, 14 Dec 2023AU$26.9bAU$5.1bAU$246.1m25.4x109.1x5.2x
Sat, 11 Nov 2023AU$23.5bAU$5.2bAU$250.9m24.5x93.7x4.5x
Mon, 09 Oct 2023AU$23.5bAU$5.2bAU$247.6m23.2x94.8x4.5x
Wed, 06 Sep 2023AU$25.0bAU$5.2bAU$248.2m22.5x100.6x4.8x
Fri, 04 Aug 2023AU$23.3bAU$5.1bAU$72.1m22.8x323.3x4.6x
Sun, 02 Jul 2023AU$23.1bAU$5.0bAU$65.1m22.5x354.2x4.6x
Tue, 30 May 2023AU$24.2bAU$5.1bAU$65.9m17.9x367.6x4.8x
Thu, 27 Apr 2023AU$25.0bAU$5.1bAU$64.7m17.9x386.1x4.9x
Sat, 25 Mar 2023AU$22.6bAU$5.0bAU$64.0m16.2x353.6x4.5x
Mon, 20 Feb 2023AU$23.2bAU$4.8bAU$105.2m20.1x220.7x4.8x
Price to Earnings Ratio

220.7x


Total Market Cap: AU$23.2bTotal Earnings: AU$105.2mTotal Revenue: AU$4.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Medical Equipment Industry Price to Earnings3Y Average 203.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 145x which is lower than its 3-year average PE of 203x.
  • The industry is trading close to its 3-year average PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 7.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Healthcare industry?

AU Market1.34%
Healthcare-9.57%
Medical Equipment-3.37%
Medical Supplies-1.85%
Medical Equipment-3.89%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 423x.
    • Analysts are expecting annual earnings growth of 14.9%, which is higher than its past year's earnings decline of 3.6% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 44.1x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 21% over the next 5 years.
  • However this is lower than its past earnings growth rate of 46% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IMR Imricor Medical SystemsAU$2.007.0%
+AU$41.7m		37.9%PS607.8x
AVR Anteris Technologies GlobalAU$7.775.0%
+AU$36.0m		-39.0%PS250.4x
EBR EBR SystemsAU$0.8110.1%
+AU$33.8m		-50.5%PS381.5x
SOM SomnoMedAU$0.7016.5%
+AU$21.8m		14.6%PS1.4x
LDX Lumos Diagnostics HoldingsAU$0.2610.6%
+AU$19.8m		781.4%PS11.8x

Latest News

EBR
AU$0.81
EBR Systems
7D
10.1%
1Y
-50.5%
SDI
AU$0.90
SDI
7D
-3.2%
1Y
-1.6%
ANN
AU$31.28
Ansell
7D
-0.9%
1Y
-13.3%

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NAN
AU$3.57
Nanosonics
7D
-6.8%
1Y
4.4%

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COH
AU$199.22
Cochlear
7D
-20.4%
1Y
-24.2%

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CYC
AU$0.83
Cyclopharm
7D
-15.7%
1Y
-56.3%
IMR
AU$2.00
Imricor Medical Systems
7D
7.0%
1Y
37.9%

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LDX
AU$0.26
Lumos Diagnostics Holdings
7D
10.6%
1Y
781.4%

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Jan 27
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AVR
AU$7.77
Anteris Technologies Global
7D
5.0%
1Y
-39.0%
SOM
AU$0.70
SomnoMed
7D
16.5%
1Y
14.6%
VHL
AU$0.027
Vitasora Health
7D
35.0%
1Y
-53.4%
SLD
AU$1.04
Saluda Medical
7D
-8.0%
1Y
n/a
MX1
AU$0.081
Micro-X
7D
-5.8%
1Y
12.5%
EPI
AU$0.84
Epiminder
7D
9.1%
1Y
n/a
AHC
AU$0.32
Austco Healthcare
7D
-10.0%
1Y
-4.5%
EMV
AU$1.80
EMVision Medical Devices
7D
2.3%
1Y
-13.5%