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Australian (ASX) Medical Equipment Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies26
- 7D0.2%
- 3M6.3%
- 1Y23.9%
- YTDn/a
Over the last 7 days, the Medical Equipment industry has remained flat, although notably ImpediMed declined by 5.3%. As for the the longer term, the industry is up 23% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Australian Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | AU$22.9b | AU$2.5b | AU$33.4m | 37.4x | 686.5x | 9.3x |
| Sun, 24 Mar 2024 | AU$23.7b | AU$2.5b | AU$33.4m | 40.3x | 708.8x | 9.6x |
| Tue, 20 Feb 2024 | AU$23.1b | AU$2.2b | AU$57.1m | 48.6x | 405.4x | 10.4x |
| Thu, 18 Jan 2024 | AU$20.7b | AU$2.2b | AU$31.0m | 43.7x | 666.5x | 9.3x |
| Sat, 16 Dec 2023 | AU$21.2b | AU$2.2b | AU$32.4m | 45x | 656.1x | 9.5x |
| Mon, 13 Nov 2023 | AU$18.3b | AU$2.2b | AU$29.3m | 39.8x | 624.4x | 8.2x |
| Wed, 11 Oct 2023 | AU$18.7b | AU$2.2b | AU$27.3m | 39.6x | 685.4x | 8.4x |
| Fri, 08 Sep 2023 | AU$19.5b | AU$2.2b | AU$27.1m | 40.2x | 718.7x | 8.7x |
| Sun, 06 Aug 2023 | AU$17.5b | AU$2.0b | -AU$57,996,578.00 | 40.8x | -302.4x | 8.7x |
| Tue, 04 Jul 2023 | AU$17.0b | AU$2.0b | -AU$62,915,121.00 | 40.4x | -269.7x | 8.4x |
| Thu, 01 Jun 2023 | AU$17.9b | AU$2.0b | -AU$65,194,518.00 | 39.9x | -274.6x | 8.9x |
| Sat, 29 Apr 2023 | AU$18.1b | AU$2.0b | -AU$64,553,158.00 | 40x | -281x | 9x |
| Mon, 27 Mar 2023 | AU$16.4b | AU$2.0b | -AU$64,242,498.00 | 36.5x | -255x | 8.2x |
| Wed, 22 Feb 2023 | AU$16.4b | AU$1.9b | -AU$17,082,616.00 | 24.2x | -961.1x | 8.5x |
| Fri, 20 Jan 2023 | AU$15.9b | AU$1.9b | -AU$14,962,113.00 | 27.4x | -1060.1x | 8.2x |
| Sun, 18 Dec 2022 | AU$15.3b | AU$1.9b | -AU$17,784,562.00 | 25.5x | -859.3x | 7.9x |
| Tue, 15 Nov 2022 | AU$15.0b | AU$1.9b | -AU$17,744,809.00 | 29.4x | -844.8x | 7.8x |
| Thu, 13 Oct 2022 | AU$14.2b | AU$1.9b | -AU$21,676,277.00 | 28.8x | -656.7x | 7.4x |
| Sat, 10 Sep 2022 | AU$15.9b | AU$1.9b | -AU$14,299,907.00 | 35.3x | -1108.5x | 8.2x |
| Mon, 08 Aug 2022 | AU$16.5b | AU$1.8b | -AU$2,502,359.00 | 32.3x | -6603.6x | 9x |
| Wed, 06 Jul 2022 | AU$14.9b | AU$1.8b | -AU$3,259,421.00 | 29.1x | -4562x | 8.1x |
| Fri, 03 Jun 2022 | AU$16.0b | AU$1.8b | AU$24.1m | 31.4x | 663.3x | 8.8x |
| Sun, 01 May 2022 | AU$17.0b | AU$1.8b | AU$27.4m | 33.5x | 621.5x | 9.3x |
| Tue, 29 Mar 2022 | AU$16.2b | AU$1.8b | AU$32.7m | 32x | 493.5x | 8.9x |
| Thu, 24 Feb 2022 | AU$16.3b | AU$1.9b | AU$108.7m | 55.1x | 149.7x | 8.8x |
| Sat, 22 Jan 2022 | AU$15.0b | AU$1.8b | AU$175.9m | 38.9x | 85.1x | 8.4x |
| Mon, 20 Dec 2021 | AU$15.9b | AU$1.8b | AU$175.3m | 41.8x | 90.5x | 8.9x |
| Wed, 17 Nov 2021 | AU$17.1b | AU$1.8b | AU$178.3m | 45x | 95.9x | 9.6x |
| Fri, 15 Oct 2021 | AU$16.5b | AU$1.8b | AU$179.3m | 43.4x | 92.1x | 9.3x |
| Sun, 12 Sep 2021 | AU$17.6b | AU$1.8b | AU$180.1m | 46.9x | 97.5x | 9.9x |
| Tue, 10 Aug 2021 | AU$18.9b | AU$1.8b | AU$180.1m | 50.8x | 104.8x | 10.6x |
| Mon, 03 May 2021 | AU$17.3b | AU$1.7b | -AU$54,905,250.64 | 55.7x | -315.5x | 10.3x |
Price to Earnings Ratio
-315.5x
Current Industry PE
- Investors are optimistic on the Australian Healthcare Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 688x which is higher than its 3-year average PE of -328x.
- The industry is trading close to its 3-year average PS ratio of 8.9x.
Past Earnings Growth
- Total earnings for the Healthcare Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Medical Equipment compare with similar industries?
| AU Market | 0.42% | |
| Healthcare | 2.56% | |
| Medical Equipment | 0.34% | |
| Medical Equipment | 0.16% | |
| Medical Supplies | 1.03% | |
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 | |
|---|---|---|---|---|---|
| COH Cochlear | AU$319.99 | 0.3% +AU$72.0m | 28.4% | PE59.8x | |
| EBR EBR Systems | AU$0.91 | 6.5% +AU$16.9m | 16.8% | PB5.8x | |
| UBI Universal Biosensors | AU$0.17 | 3.0% +AU$1.2m | -39.3% | PS5.9x | |
| EYE Nova Eye Medical | AU$0.27 | 1.9% +AU$1.1m | 10.2% | PS3.3x | |
| MX1 Micro-X | AU$0.09 | -5.3% AU$1.1m | -8.2% | PS3.3x |