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Australian (ASX) Medical Equipment Industry Analysis

UpdatedApr 18, 2025
DataAggregated Company Financials
Companies25
  • 7D0.9%
  • 3M-15.2%
  • 1Y-19.7%
  • YTDn/a

In the last week, the Medical Equipment industry is up 3.9%, with Cochlear up 1.7%. During this same period, the EBR Systems underperformed, falling 15%. However, the industry is down 20% over the past year. 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
Fri, 18 Apr 2025AU$18.8bAU$2.7bAU$29.9m28.8x628.7x7x
Sun, 16 Mar 2025AU$19.4bAU$2.7bAU$25.7m28.5x753.4x7.2x
Tue, 11 Feb 2025AU$22.7bAU$2.6bAU$27.4m56.6x828.4x8.7x
Thu, 09 Jan 2025AU$22.0bAU$2.6bAU$25.2m55.4x874x8.5x
Sat, 07 Dec 2024AU$21.7bAU$2.6bAU$55.3m55.3x391.9x8.3x
Mon, 04 Nov 2024AU$20.6bAU$2.6bAU$58.1m52.3x354.2x7.9x
Wed, 02 Oct 2024AU$21.0bAU$2.6bAU$60.9m53.5x345.2x8.1x
Fri, 30 Aug 2024AU$21.4bAU$2.6bAU$43.0m47.7x497.2x8.3x
Sun, 28 Jul 2024AU$24.3bAU$2.5bAU$34.1m44.7x711.4x9.8x
Tue, 25 Jun 2024AU$23.2bAU$2.5bAU$35.1m50.3x660.6x9.4x
Thu, 23 May 2024AU$22.7bAU$2.5bAU$35.2m33.8x644.6x9.2x
Sat, 20 Apr 2024AU$22.9bAU$2.5bAU$32.6m38.1x701.6x9.2x
Mon, 18 Mar 2024AU$23.7bAU$2.5bAU$33.9m41x700.5x9.6x
Wed, 14 Feb 2024AU$22.9bAU$2.2bAU$56.0m47.9x409.5x10.3x
Fri, 12 Jan 2024AU$21.3bAU$2.2bAU$32.2m44.3x659.9x9.5x
Sun, 10 Dec 2023AU$20.2bAU$2.2bAU$31.2m43.3x648.2x9.1x
Tue, 07 Nov 2023AU$17.9bAU$2.2bAU$30.6m38.5x585.4x8x
Thu, 05 Oct 2023AU$18.6bAU$2.2bAU$26.6m39.8x700.3x8.3x
Sat, 02 Sep 2023AU$19.5bAU$2.2bAU$5.4m40.6x3632.5x8.7x
Mon, 31 Jul 2023AU$17.7bAU$2.0b-AU$62,942,785.0041.6x-281.9x8.8x
Wed, 28 Jun 2023AU$16.7bAU$2.0b-AU$62,439,326.0040x-268.1x8.3x
Fri, 26 May 2023AU$17.9bAU$2.0b-AU$64,093,546.0039.2x-279.2x8.9x
Sun, 23 Apr 2023AU$18.2bAU$2.0b-AU$63,186,627.0040x-288.7x9.1x
Tue, 21 Mar 2023AU$16.3bAU$2.0b-AU$63,560,267.0036.6x-257x8.1x
Thu, 16 Feb 2023AU$16.5bAU$1.9b-AU$14,882,607.0023.5x-1108.1x8.6x
Sat, 14 Jan 2023AU$15.4bAU$1.9b-AU$14,047,797.0025.5x-1098.1x8x
Mon, 12 Dec 2022AU$15.4bAU$1.9b-AU$16,075,190.0024.8x-960.2x8x
Wed, 09 Nov 2022AU$14.7bAU$1.9b-AU$21,474,948.0030.1x-685.5x7.6x
Fri, 07 Oct 2022AU$15.3bAU$1.9b-AU$19,198,351.0031.4x-797.7x7.9x
Sun, 04 Sep 2022AU$15.7bAU$1.9b-AU$14,048,339.0035.3x-1117.1x8.1x
Tue, 02 Aug 2022AU$16.2bAU$1.8b-AU$1,471,834.0031.6x-10980.4x8.8x
Thu, 30 Jun 2022AU$14.6bAU$1.8b-AU$2,298,743.0028.4x-6350.1x8x
Sat, 28 May 2022AU$15.8bAU$1.8bAU$22.9m31.1x690.4x8.7x
Mon, 25 Apr 2022AU$17.2bAU$1.8bAU$29.6m33.9x580.2x9.4x
Price to Earnings Ratio

580.2x


Total Market Cap: AU$17.2bTotal Earnings: AU$29.6mTotal Revenue: AU$1.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Medical Equipment Industry Price to Earnings3Y Average -153x202320242025
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 614x which is higher than its 3-year average PE of -153x.
  • The 3-year average PS ratio of 8.6x is higher than the industry's current PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have remained mostly flat 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 and as a result, profits have held steady.

Industry Comparison

How does Australian Medical Equipment compare with similar industries?

AU Market1.46%
Healthcare-0.55%
Medical Equipment-0.057%
Medical Equipment0.91%
Medical Supplies-2.73%
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
COH CochlearAU$261.004.2%
+AU$681.4m
-17.3%PE46.1x
OIL Optiscan ImagingAU$0.1525.0%
+AU$25.1m
68.5%PS25.3x
EMV EMVision Medical DevicesAU$1.906.1%
+AU$9.4m
-14.4%PS20.2x
SOM SomnoMedAU$0.485.5%
+AU$5.4m
118.2%PS1x
CVB CurveBeam AIAU$0.105.0%
+AU$1.9m
-41.7%PS5.1x
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Latest News

EBR

AU$1.37

EBR Systems

7D

-19.2%

1Y

50.0%

IPD

AU$0.033

ImpediMed

7D

-8.3%

1Y

-64.5%

EMV

AU$1.90

EMVision Medical Devices

7D

6.1%

1Y

-14.4%

AVR

AU$4.58

Anteris Technologies Global

7D

-5.6%

1Y

-80.1%

SOM

AU$0.48

SomnoMed

7D

5.5%

1Y

118.2%

NTI

AU$0.027

Neurotech International

7D

-10.0%

1Y

-71.9%

OIL

AU$0.15

Optiscan Imaging

7D

25.0%

1Y

68.5%

CYC

AU$1.07

Cyclopharm

7D

-3.2%

1Y

-39.9%

RSH

AU$0.031

Respiri

7D

-13.9%

1Y

-3.1%

AT1

AU$0.02

Atomo Diagnostics

7D

5.3%

1Y

-35.5%

IRX

AU$0.025

InhaleRx

7D

38.9%

1Y

-19.4%

CC5

AU$0.013

Clever Culture Systems

7D

-7.1%

1Y

-35.0%

UCM

AU$0.025

Uscom

7D

19.0%

1Y

-19.4%