Header cover image

Australian (ASX) Medical Supplies Industry Analysis

UpdatedJun 07, 2023
DataAggregated Company Financials
  • 7D-2.0%
  • 3M-10.4%
  • 1Y13.5%
  • YTD-6.2%

Over the last 7 days, the Medical Supplies industry has dropped 2.0%, driven by PolyNovo declining 5.2%. Meanwhile, Visioneering Technologies actually outperformed within the industry, gaining 30% in the last week. In the past year, the industry has gained 13%. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jun 2023AU$6.1bAU$3.0bAU$128.1m15.3x47.7x2x
Fri, 05 May 2023AU$6.3bAU$3.0bAU$127.6m15.5x49.1x2.1x
Sun, 02 Apr 2023AU$6.4bAU$3.0bAU$127.5m15.4x50.2x2.1x
Tue, 28 Feb 2023AU$6.6bAU$3.0bAU$124.3m15.7x53.5x2.2x
Thu, 26 Jan 2023AU$7.1bAU$3.1bAU$136.3m15.9x52.2x2.3x
Sat, 24 Dec 2022AU$6.5bAU$3.2bAU$143.5m14.9x45x2x
Mon, 21 Nov 2022AU$6.6bAU$3.2bAU$143.7m14.9x45.9x2x
Wed, 19 Oct 2022AU$6.2bAU$3.4bAU$152.9m13.6x40.6x1.8x
Fri, 16 Sep 2022AU$5.6bAU$3.2bAU$142.8m13.9x39.5x1.8x
Sun, 14 Aug 2022AU$6.4bAU$3.3bAU$271.6m73.1x23.7x2x
Tue, 12 Jul 2022AU$5.5bAU$3.4bAU$280.5m59.4x19.5x1.6x
Thu, 09 Jun 2022AU$5.3bAU$3.2bAU$268.4m53.2x19.8x1.6x
Sat, 07 May 2022AU$5.6bAU$3.3bAU$248.4m56.1x22.7x1.7x
Mon, 04 Apr 2022AU$5.7bAU$3.1bAU$235.1m59.5x24.3x1.8x
Wed, 02 Mar 2022AU$5.9bAU$3.2bAU$244.1m66.8x24.3x1.8x
Fri, 28 Jan 2022AU$6.8bAU$3.1bAU$318.3m12.1x21.3x2.2x
Sun, 26 Dec 2021AU$7.6bAU$3.1bAU$315.8m12.8x24x2.4x
Tue, 23 Nov 2021AU$7.2bAU$3.1bAU$314.2m12.9x22.8x2.3x
Thu, 21 Oct 2021AU$7.5bAU$3.0bAU$304.8m12.7x24.7x2.5x
Sat, 18 Sep 2021AU$8.3bAU$3.1bAU$313.1m13.5x26.5x2.7x
Mon, 16 Aug 2021AU$9.0bAU$3.0bAU$304.0m14.4x29.8x3x
Mon, 31 May 2021AU$9.3bAU$2.8bAU$279.1m16.6x33.5x3.4x
Thu, 04 Mar 2021AU$8.5bAU$2.6bAU$235.1m17.9x36.2x3.3x
Sun, 06 Dec 2020AU$9.4bAU$2.6bAU$232.7m23.7x40.4x3.6x
Wed, 09 Sep 2020AU$8.8bAU$2.6bAU$200.6m100.8x43.8x3.4x
Price to Earnings Ratio


Total Market Cap: AU$8.9bTotal Earnings: AU$200.6mTotal Revenue: AU$2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Medical Supplies Industry Price to Earnings3Y Average 35.1x202120222023
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 47.7x which is higher than its 3-year average PE of 35.1x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Health Care Supplies industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.6% 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 Supplies compare with similar industries?

AU Market-0.92%
Medical Equipment-2.38%
Medical Supplies-1.95%
Medical Equipment-2.52%
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
PNV PolyNovoAU$1.6913.5%
NXS Next ScienceAU$0.545.9%
OSX OsteoporeAU$0.0847.7%
VTI Visioneering TechnologiesAU$0.258.7%
LDX Lumos Diagnostics HoldingsAU$0.0143.7%
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.