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Brazilian (BOVESPA) Healthcare Sector Analysis
UpdatedJan 21, 2022
DataAggregated Company Financials
Companies20
- 7D4.7%
- 3M-16.8%
- 1Y-44.0%
- YTD0.7%
Over the last 7 days, the Healthcare industry has remained flat, although notably Hapvida Participações e Investimentos gained 10%. Unfortunately though, the industry is down 47% over the past 12 months.
Sector Valuation and Performance
Has the Brazilian Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 21 Jan 2022 | R$247.1b | R$87.0b | R$5.7b | 15.4x |
| Sun, 19 Dec 2021 | R$263.3b | R$87.0b | R$5.7b | 16.6x |
| Tue, 16 Nov 2021 | R$301.8b | R$85.9b | R$5.8b | 19.5x |
| Thu, 14 Oct 2021 | R$325.0b | R$82.0b | R$6.0b | 21.1x |
| Sat, 11 Sep 2021 | R$353.7b | R$82.0b | R$6.0b | 23.8x |
| Mon, 09 Aug 2021 | R$342.2b | R$78.8b | R$6.1b | 19.5x |
| Sun, 02 May 2021 | R$341.2b | R$66.3b | R$5.1b | 17.5x |
| Wed, 03 Feb 2021 | R$384.6b | R$60.4b | R$4.2b | 21.9x |
| Sat, 07 Nov 2020 | R$161.7b | R$43.5b | R$3.7b | 20.5x |
| Fri, 31 Jul 2020 | R$177.6b | R$40.9b | R$3.3b | 33.2x |
| Mon, 04 May 2020 | R$153.0b | R$39.7b | R$3.4b | 26.5x |
| Thu, 06 Feb 2020 | R$181.4b | R$37.0b | R$3.8b | 40.9x |
| Sun, 10 Nov 2019 | R$138.4b | R$35.3b | R$3.9b | 42.5x |
| Sat, 03 Aug 2019 | R$110.3b | R$33.9b | R$3.8b | 33x |
| Tue, 07 May 2019 | R$92.8b | R$32.7b | R$3.7b | 27.3x |
| Fri, 08 Feb 2019 | R$96.5b | R$32.3b | R$3.6b | 29.2x |
PE Ratio
29.2x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.4x which is lower than its 3-year average PE of 27.7x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Healthcare industry have grown 16% per year over the last three years, and revenues for these companies have grown 39% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Brazilian Healthcare sector?
| Pharma | 5.70% | |
| Biotech | 1.16% | |
| Healthcare Services | 0.27% | |
| Medical Equipment | -0.082% | |
Industry PE: Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 32.0x. However analysts are expecting annual earnings growth of 35%, which is lower than the prior year's growth of 48% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 21.9x.
Forecasted Growth: Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 35% over the next 5 years. However this is lower than its past earnings growth rate of 48% per year. Meanwhile, the Pharma industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HAPV3 Hapvida Participações e Investimentos | R$11.20 | 10.1% +R$4.0b | -36.4% | PE111.9x | |
| GNDI3 Notre Dame Intermédica Participações | R$65.29 | 9.7% +R$3.5b | -33.8% | PS3.3x | |
| HYPE3 Hypera | R$29.02 | 7.1% +R$1.2b | -16.4% | PE11.6x | |
| MATD3 Hospital Mater Dei | R$13.60 | 16.7% +R$692.4m | n/a | PE37x | |
| QUAL3 Qualicorp Consultoria e Corretora de Seguros | R$16.94 | 9.1% +R$394.2m | -48.4% | PE12.3x |
