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Australian (ASX) Medical Equipment Industry Analysis

UpdatedJun 07, 2023
DataAggregated Company Financials
Companies30
  • 7D-2.5%
  • 3M3.6%
  • 1Y10.2%
  • YTD17.3%

Over the last 7 days, the Medical Equipment industry has dropped 2.5%, driven by Cochlear declining 2.7%. On the other hand ImpediMed is actually up 11%. Over the past 12 months, the industry was up 10%. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jun 2023AU$17.6bAU$2.0b-AU$62,881,927.0039.2x-279.6x8.7x
Fri, 05 May 2023AU$18.1bAU$2.0b-AU$63,391,329.0039.8x-284.8x9x
Sun, 02 Apr 2023AU$17.2bAU$2.0b-AU$63,244,703.0038x-272.5x8.6x
Tue, 28 Feb 2023AU$16.6bAU$2.0b-AU$58,521,698.0022.8x-283x8.3x
Thu, 26 Jan 2023AU$15.1bAU$1.9b-AU$12,775,707.0023.5x-1184.6x7.9x
Sat, 24 Dec 2022AU$14.9bAU$1.9b-AU$17,484,869.0026.1x-853.8x7.7x
Mon, 21 Nov 2022AU$15.3bAU$1.9b-AU$17,791,187.0030.1x-859.3x7.9x
Wed, 19 Oct 2022AU$14.8bAU$1.9b-AU$21,908,168.0029.4x-676.3x7.7x
Fri, 16 Sep 2022AU$15.7bAU$1.9b-AU$14,333,035.0033.3x-1097.6x8.2x
Sun, 14 Aug 2022AU$16.2bAU$1.8b-AU$2,827,387.0031.7x-5726.3x8.8x
Tue, 12 Jul 2022AU$15.0bAU$1.8b-AU$3,029,693.0029.6x-4961.4x8.2x
Thu, 09 Jun 2022AU$15.7bAU$1.8bAU$1.6m30.4x10154.8x8.6x
Sat, 07 May 2022AU$16.1bAU$1.8bAU$24.4m31.6x658.5x8.8x
Mon, 04 Apr 2022AU$16.6bAU$1.8bAU$32.6m32.9x510.5x9.1x
Wed, 02 Mar 2022AU$16.9bAU$1.8bAU$33.3m33.2x506.6x9.3x
Fri, 28 Jan 2022AU$14.1bAU$1.8bAU$175.3m36.7x80.3x7.9x
Sun, 26 Dec 2021AU$16.4bAU$1.8bAU$175.7m43.5x93.6x9.3x
Tue, 23 Nov 2021AU$17.4bAU$1.8bAU$175.9m46.1x99x9.8x
Thu, 21 Oct 2021AU$17.0bAU$1.8bAU$180.0m44.4x94.2x9.6x
Sat, 18 Sep 2021AU$18.0bAU$1.8bAU$178.8m48x100.6x10.1x
Mon, 16 Aug 2021AU$18.7bAU$1.8bAU$180.1m50.3x103.8x10.5x
Mon, 31 May 2021AU$17.5bAU$1.7b-AU$54,905,250.6455.8x-318x10.4x
Thu, 04 Mar 2021AU$16.8bAU$1.6b-AU$289,642,880.2522.1x-57.9x10.6x
Sun, 06 Dec 2020AU$17.2bAU$1.6b-AU$339,130,571.1333x-50.7x11x
Wed, 09 Sep 2020AU$14.3bAU$1.5b-AU$391,915,202.489.1x-36.4x9.3x
Price to Earnings Ratio

-35.1x


Total Market Cap: AU$13.8bTotal Earnings: -AU$391,915,202.48Total Revenue: AU$1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Medical Equipment Industry Price to Earnings3Y Average -444.6x202120222023
Current Industry PE
  • Investors are relatively neutral on the Australian Healthcare Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 9.2x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have improved over the last three years.
  • Revenues for these companies have grown 9.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Comparison

How does Australian Medical Equipment compare with similar industries?

AU Market-0.92%
Healthcare-0.27%
Medical Equipment-2.38%
Medical Equipment-2.52%
Medical Supplies-1.95%
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
IPD ImpediMedAU$0.1510.7%
+AU$31.4m
103.9%PS29.5x
EBR EBR SystemsAU$1.132.7%
+AU$8.1m
164.7%PB4.6x
EYE Nova Eye MedicalAU$0.2911.3%
+AU$5.7m
34.1%PS3.7x
CMP CompumedicsAU$0.188.8%
+AU$2.7m
2.8%PS0.8x
RSH RespiriAU$0.0388.6%
+AU$2.5m
5.6%PS45.1x
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Latest News

IPD

AU$0.15

ImpediMed

7D

10.7%

1Y

103.9%

RSH

AU$0.038

Respiri

7D

8.6%

1Y

5.6%

EBR

AU$1.13

EBR Systems

7D

2.7%

1Y

164.7%

UBI

AU$0.23

Universal Biosensors

7D

-9.8%

1Y

-39.5%

MX1

AU$0.10

Micro-X

7D

-20.0%

1Y

-37.5%

CYC

AU$1.92

Cyclopharm

7D

-4.3%

1Y

71.0%

OIL

AU$0.082

Optiscan Imaging

7D

-5.7%

1Y

-39.3%

CDX

AU$0.19

CardieX

7D

5.6%

1Y

-49.3%

NTI

AU$0.042

Neurotech International

7D

-6.7%

1Y

-35.4%

AVR

AU$22.45

Anteris Technologies

7D

-5.7%

1Y

-2.4%

SOM

AU$0.87

SomnoMed

7D

2.4%

1Y

-40.0%

IRX

AU$0.05

InhaleRx

7D

25.0%

1Y

-33.3%