An Intrinsic Calculation For PolyNovo Limited (ASX:PNV) Suggests It's 39% Undervalued
Feb 11
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Australian (ASX) Medical Supplies Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies8
- 7D2.4%
- 3M8.9%
- 1Y28.3%
- YTDn/a
Last week, the Medical Supplies industry hasn't moved much but PolyNovo is up 7.8% in that time. As for the the longer term, the industry is up 29% over the past 12 months. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Australian Medical Supplies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | AU$8.0b | AU$3.4b | AU$167.1m | 54.1x | 47.9x | 2.4x |
| Sun, 19 Jan 2025 | AU$7.7b | AU$3.1b | AU$104.4m | 58.9x | 73.8x | 2.5x |
| Tue, 17 Dec 2024 | AU$7.3b | AU$3.0b | AU$102.3m | 54.6x | 71.6x | 2.4x |
| Thu, 14 Nov 2024 | AU$7.2b | AU$2.9b | AU$103.2m | 58.2x | 70x | 2.5x |
| Sat, 12 Oct 2024 | AU$7.6b | AU$2.9b | AU$100.8m | 61.7x | 75.2x | 2.7x |
| Mon, 09 Sep 2024 | AU$7.2b | AU$2.9b | AU$101.5m | 60.5x | 71.2x | 2.5x |
| Wed, 07 Aug 2024 | AU$6.5b | AU$2.9b | AU$136.6m | 40.5x | 47.4x | 2.2x |
| Fri, 05 Jul 2024 | AU$6.5b | AU$2.8b | AU$132.3m | 40.4x | 48.9x | 2.3x |
| Sun, 02 Jun 2024 | AU$6.1b | AU$2.8b | AU$133.6m | 38.5x | 46x | 2.2x |
| Tue, 30 Apr 2024 | AU$6.1b | AU$2.9b | AU$135.1m | 39.6x | 45.3x | 2.1x |
| Thu, 28 Mar 2024 | AU$5.6b | AU$2.9b | AU$135.8m | 36.1x | 41.3x | 2x |
| Sat, 24 Feb 2024 | AU$5.5b | AU$2.8b | AU$154.4m | 19.4x | 35.8x | 2x |
| Mon, 22 Jan 2024 | AU$5.5b | AU$2.9b | AU$213.8m | 13x | 25.5x | 1.9x |
| Wed, 20 Dec 2023 | AU$5.7b | AU$2.8b | AU$209.7m | 13.9x | 27.3x | 2x |
| Fri, 17 Nov 2023 | AU$5.3b | AU$2.9b | AU$216.6m | 14.1x | 24.7x | 1.8x |
| Sun, 15 Oct 2023 | AU$5.0b | AU$3.0b | AU$223.5m | 14.2x | 22.3x | 1.7x |
| Tue, 12 Sep 2023 | AU$5.2b | AU$3.0b | AU$219.2m | 13.7x | 23.8x | 1.8x |
| Thu, 10 Aug 2023 | AU$5.9b | AU$3.1b | AU$130.3m | 13.9x | 45.1x | 1.9x |
| Sat, 08 Jul 2023 | AU$5.9b | AU$3.0b | AU$127.5m | 15.3x | 46.5x | 2x |
| Mon, 05 Jun 2023 | AU$6.2b | AU$3.0b | AU$128.9m | 15.3x | 48.1x | 2x |
| Wed, 03 May 2023 | AU$6.5b | AU$3.0b | AU$128.6m | 15.4x | 50.2x | 2.1x |
| Fri, 31 Mar 2023 | AU$6.4b | AU$3.0b | AU$127.2m | 15.6x | 50x | 2.1x |
| Sun, 26 Feb 2023 | AU$6.6b | AU$3.0b | AU$124.1m | 15.7x | 53.5x | 2.2x |
| Tue, 24 Jan 2023 | AU$7.2b | AU$3.1b | AU$137.3m | 16.3x | 52.6x | 2.3x |
| Thu, 22 Dec 2022 | AU$6.4b | AU$3.2b | AU$143.8m | 14.8x | 44.2x | 2x |
| Sat, 19 Nov 2022 | AU$6.6b | AU$3.2b | AU$144.4m | 14.8x | 45.7x | 2x |
| Mon, 17 Oct 2022 | AU$5.8b | AU$3.5b | AU$154.4m | 13x | 37.9x | 1.7x |
| Wed, 14 Sep 2022 | AU$5.9b | AU$3.2b | AU$140.8m | 14.6x | 41.8x | 1.9x |
| Fri, 12 Aug 2022 | AU$6.7b | AU$3.3b | AU$272.0m | 77.4x | 24.5x | 2x |
| Sun, 10 Jul 2022 | AU$5.5b | AU$3.4b | AU$280.5m | 60x | 19.7x | 1.6x |
| Tue, 07 Jun 2022 | AU$5.4b | AU$3.2b | AU$267.5m | 54.3x | 20.2x | 1.7x |
| Thu, 05 May 2022 | AU$5.8b | AU$3.3b | AU$248.6m | 58.4x | 23.2x | 1.8x |
| Sat, 02 Apr 2022 | AU$5.7b | AU$3.1b | AU$234.9m | 59.5x | 24.3x | 1.8x |
| Mon, 28 Feb 2022 | AU$5.6b | AU$3.2b | AU$286.2m | 14.2x | 19.5x | 1.7x |
Price to Earnings Ratio
19.5x
Current Industry PE
- Investors are optimistic on the Australian Health Care Supplies industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 47.8x which is higher than its 3-year average PE of 41.8x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Health Care Supplies industry have declined 16% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 Supplies compare with similar industries?
| AU Market | -2.48% | |
| Healthcare | 0.61% | |
| Medical Equipment | -6.52% | |
| Medical Supplies | 2.43% | |
| Medical Equipment | -9.64% | |
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 | |
|---|---|---|---|---|---|
| NAN Nanosonics | AU$4.52 | 32.2% +AU$336.4m | 44.4% | PE83.4x | |
| PNV PolyNovo | AU$1.95 | 1.8% +AU$24.2m | -2.0% | PE256.1x |