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Australian (ASX) Medical Equipment Industry Analysis

UpdatedMay 25, 2025
DataAggregated Company Financials
Companies25
  • 7D-0.2%
  • 3M-3.7%
  • 1Y-17.6%
  • YTDn/a

Over the last 7 days, the Medical Equipment industry has remained flat, although notably EBR Systems gained 9.0%. As for the longer term, the industry has declined 18% in the last year. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 May 2025AU$19.3bAU$2.7bAU$22.9m29.8x841.4x7.2x
Wed, 23 Apr 2025AU$18.7bAU$2.7bAU$31.2m28.7x599x6.9x
Fri, 21 Mar 2025AU$20.0bAU$2.7bAU$24.6m29.9x812.6x7.4x
Sun, 16 Feb 2025AU$19.7bAU$2.7bAU$43.4m46.4x454.2x7.4x
Tue, 14 Jan 2025AU$22.0bAU$2.6bAU$23.6m55.4x933.1x8.5x
Thu, 12 Dec 2024AU$21.1bAU$2.6bAU$54.7m53.8x386.9x8.1x
Sat, 09 Nov 2024AU$21.1bAU$2.6bAU$58.8m53.7x358.8x8.1x
Mon, 07 Oct 2024AU$21.1bAU$2.6bAU$61.1m53.7x345x8.1x
Wed, 04 Sep 2024AU$21.6bAU$2.6bAU$57.4m55.2x376.3x8.3x
Fri, 02 Aug 2024AU$24.6bAU$2.5bAU$33.9m45.5x724.9x9.9x
Sun, 30 Jun 2024AU$23.8bAU$2.5bAU$35.2m48.2x675.2x9.6x
Tue, 28 May 2024AU$23.1bAU$2.5bAU$35.0m34.3x661x9.3x
Thu, 25 Apr 2024AU$22.9bAU$2.5bAU$33.3m37.4x688.2x9.3x
Sat, 23 Mar 2024AU$23.7bAU$2.5bAU$33.4m40.3x708.7x9.6x
Mon, 19 Feb 2024AU$23.6bAU$2.2bAU$57.0m49.6x413.3x10.6x
Wed, 17 Jan 2024AU$20.5bAU$2.2bAU$31.5m43.3x651x9.2x
Fri, 15 Dec 2023AU$21.2bAU$2.2bAU$32.4m45.1x655.2x9.5x
Sun, 12 Nov 2023AU$18.3bAU$2.2bAU$29.3m39.8x624.4x8.2x
Tue, 10 Oct 2023AU$18.6bAU$2.2bAU$26.9m39.4x691.2x8.3x
Thu, 07 Sep 2023AU$19.5bAU$2.2bAU$27.2m40.5x716x8.7x
Sat, 05 Aug 2023AU$17.5bAU$2.0b-AU$58,154,918.0040.8x-301.6x8.7x
Mon, 03 Jul 2023AU$16.9bAU$2.0b-AU$62,843,198.0040x-269.6x8.4x
Wed, 31 May 2023AU$18.0bAU$2.0b-AU$64,342,509.0039.7x-280.3x9x
Fri, 28 Apr 2023AU$18.3bAU$2.0b-AU$64,105,024.0040.3x-285.3x9.1x
Sun, 26 Mar 2023AU$16.4bAU$2.0b-AU$64,295,867.0036.5x-254.8x8.2x
Tue, 21 Feb 2023AU$16.4bAU$1.9b-AU$14,617,588.0024.2x-1123.2x8.5x
Thu, 19 Jan 2023AU$15.7bAU$1.9b-AU$13,246,087.0026.1x-1186.6x8.2x
Sat, 17 Dec 2022AU$15.3bAU$1.9b-AU$17,618,925.0025.5x-867.4x7.9x
Mon, 14 Nov 2022AU$15.6bAU$1.9b-AU$17,744,809.0030.7x-876.9x8.1x
Wed, 12 Oct 2022AU$14.5bAU$1.9b-AU$22,034,052.0031.4x-657.5x7.5x
Fri, 09 Sep 2022AU$16.0bAU$1.9b-AU$14,591,429.0034.6x-1094.8x8.3x
Sun, 07 Aug 2022AU$16.5bAU$1.8b-AU$2,502,359.0032.3x-6603.6x9x
Tue, 05 Jul 2022AU$14.8bAU$1.8b-AU$4,199,216.0029x-3523x8.1x
Thu, 02 Jun 2022AU$16.0bAU$1.8bAU$24.1m31.4x663.3x8.8x
Price to Earnings Ratio

663.3x


Total Market Cap: AU$16.0bTotal Earnings: AU$24.1mTotal Revenue: AU$1.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Medical Equipment Industry Price to Earnings3Y Average -152.6x202320242025
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 841x which is higher than its 3-year average PE of -152x.
  • The 3-year average PS ratio of 8.5x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 2.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Medical Equipment compare with similar industries?

AU Market0.14%
Healthcare0.95%
Medical Equipment-1.30%
Medical Equipment-0.23%
Medical Supplies-4.13%
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
EBR EBR SystemsAU$1.219.0%
+AU$37.7m
18.0%PB20.1x
SOM SomnoMedAU$0.576.5%
+AU$7.6m
94.9%PS1.2x
AHC Austco HealthcareAU$0.291.7%
+AU$1.8m
51.3%PE12.2x
AT1 Atomo DiagnosticsAU$0.0185.9%
+AU$1.5m
-41.9%PS2.9x
RHT Resonance HealthAU$0.048.1%
+AU$1.4m
-38.5%PS1.7x
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Latest News

EBR

AU$1.21

EBR Systems

7D

9.0%

1Y

18.0%

SOM

AU$0.57

SomnoMed

7D

6.5%

1Y

94.9%

OIL

AU$0.12

Optiscan Imaging

7D

-8.0%

1Y

15.0%

AVR

AU$5.41

Anteris Technologies Global

7D

-21.0%

1Y

-71.5%

VHL

AU$0.038

Vitasora Health

7D

-13.6%

1Y

26.7%

IRX

AU$0.027

InhaleRx

7D

8.0%

1Y

-10.0%

AT1

AU$0.018

Atomo Diagnostics

7D

5.9%

1Y

-41.9%

EMV

AU$1.71

EMVision Medical Devices

7D

-3.4%

1Y

-10.5%

IMR

AU$1.56

Imricor Medical Systems

7D

-5.5%

1Y

249.4%

AHC

AU$0.29

Austco Healthcare

7D

1.7%

1Y

51.3%

HMD

AU$0.011

HeraMED

7D

-42.1%

1Y

-31.3%

RHT

AU$0.04

Resonance Health

7D

8.1%

1Y

-38.5%

NTI

AU$0.023

Neurotech International

7D

-6.1%

1Y

-68.9%

CYC

AU$1.20

Cyclopharm

7D

0.4%

1Y

-27.3%

CC5

AU$0.016

Clever Culture Systems

7D

-11.1%

1Y

-11.1%