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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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 18 Apr 2025 | AU$18.8b | AU$2.7b | AU$29.9m | 28.8x | 628.7x | 7x |
| Sun, 16 Mar 2025 | AU$19.4b | AU$2.7b | AU$25.7m | 28.5x | 753.4x | 7.2x |
| Tue, 11 Feb 2025 | AU$22.7b | AU$2.6b | AU$27.4m | 56.6x | 828.4x | 8.7x |
| Thu, 09 Jan 2025 | AU$22.0b | AU$2.6b | AU$25.2m | 55.4x | 874x | 8.5x |
| Sat, 07 Dec 2024 | AU$21.7b | AU$2.6b | AU$55.3m | 55.3x | 391.9x | 8.3x |
| Mon, 04 Nov 2024 | AU$20.6b | AU$2.6b | AU$58.1m | 52.3x | 354.2x | 7.9x |
| Wed, 02 Oct 2024 | AU$21.0b | AU$2.6b | AU$60.9m | 53.5x | 345.2x | 8.1x |
| Fri, 30 Aug 2024 | AU$21.4b | AU$2.6b | AU$43.0m | 47.7x | 497.2x | 8.3x |
| Sun, 28 Jul 2024 | AU$24.3b | AU$2.5b | AU$34.1m | 44.7x | 711.4x | 9.8x |
| Tue, 25 Jun 2024 | AU$23.2b | AU$2.5b | AU$35.1m | 50.3x | 660.6x | 9.4x |
| Thu, 23 May 2024 | AU$22.7b | AU$2.5b | AU$35.2m | 33.8x | 644.6x | 9.2x |
| Sat, 20 Apr 2024 | AU$22.9b | AU$2.5b | AU$32.6m | 38.1x | 701.6x | 9.2x |
| Mon, 18 Mar 2024 | AU$23.7b | AU$2.5b | AU$33.9m | 41x | 700.5x | 9.6x |
| Wed, 14 Feb 2024 | AU$22.9b | AU$2.2b | AU$56.0m | 47.9x | 409.5x | 10.3x |
| Fri, 12 Jan 2024 | AU$21.3b | AU$2.2b | AU$32.2m | 44.3x | 659.9x | 9.5x |
| Sun, 10 Dec 2023 | AU$20.2b | AU$2.2b | AU$31.2m | 43.3x | 648.2x | 9.1x |
| Tue, 07 Nov 2023 | AU$17.9b | AU$2.2b | AU$30.6m | 38.5x | 585.4x | 8x |
| Thu, 05 Oct 2023 | AU$18.6b | AU$2.2b | AU$26.6m | 39.8x | 700.3x | 8.3x |
| Sat, 02 Sep 2023 | AU$19.5b | AU$2.2b | AU$5.4m | 40.6x | 3632.5x | 8.7x |
| Mon, 31 Jul 2023 | AU$17.7b | AU$2.0b | -AU$62,942,785.00 | 41.6x | -281.9x | 8.8x |
| Wed, 28 Jun 2023 | AU$16.7b | AU$2.0b | -AU$62,439,326.00 | 40x | -268.1x | 8.3x |
| Fri, 26 May 2023 | AU$17.9b | AU$2.0b | -AU$64,093,546.00 | 39.2x | -279.2x | 8.9x |
| Sun, 23 Apr 2023 | AU$18.2b | AU$2.0b | -AU$63,186,627.00 | 40x | -288.7x | 9.1x |
| Tue, 21 Mar 2023 | AU$16.3b | AU$2.0b | -AU$63,560,267.00 | 36.6x | -257x | 8.1x |
| Thu, 16 Feb 2023 | AU$16.5b | AU$1.9b | -AU$14,882,607.00 | 23.5x | -1108.1x | 8.6x |
| Sat, 14 Jan 2023 | AU$15.4b | AU$1.9b | -AU$14,047,797.00 | 25.5x | -1098.1x | 8x |
| Mon, 12 Dec 2022 | AU$15.4b | AU$1.9b | -AU$16,075,190.00 | 24.8x | -960.2x | 8x |
| Wed, 09 Nov 2022 | AU$14.7b | AU$1.9b | -AU$21,474,948.00 | 30.1x | -685.5x | 7.6x |
| Fri, 07 Oct 2022 | AU$15.3b | AU$1.9b | -AU$19,198,351.00 | 31.4x | -797.7x | 7.9x |
| Sun, 04 Sep 2022 | AU$15.7b | AU$1.9b | -AU$14,048,339.00 | 35.3x | -1117.1x | 8.1x |
| Tue, 02 Aug 2022 | AU$16.2b | AU$1.8b | -AU$1,471,834.00 | 31.6x | -10980.4x | 8.8x |
| Thu, 30 Jun 2022 | AU$14.6b | AU$1.8b | -AU$2,298,743.00 | 28.4x | -6350.1x | 8x |
| Sat, 28 May 2022 | AU$15.8b | AU$1.8b | AU$22.9m | 31.1x | 690.4x | 8.7x |
| Mon, 25 Apr 2022 | AU$17.2b | AU$1.8b | AU$29.6m | 33.9x | 580.2x | 9.4x |
Price to Earnings Ratio
580.2x
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 Market | 1.46% | |
| Healthcare | -0.55% | |
| Medical Equipment | -0.057% | |
| Medical Equipment | 0.91% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| COH Cochlear | AU$261.00 | 4.2% +AU$681.4m | -17.3% | PE46.1x | |
| OIL Optiscan Imaging | AU$0.15 | 25.0% +AU$25.1m | 68.5% | PS25.3x | |
| EMV EMVision Medical Devices | AU$1.90 | 6.1% +AU$9.4m | -14.4% | PS20.2x | |
| SOM SomnoMed | AU$0.48 | 5.5% +AU$5.4m | 118.2% | PS1x | |
| CVB CurveBeam AI | AU$0.10 | 5.0% +AU$1.9m | -41.7% | PS5.1x |
