Brazilian (BOVESPA) Healthcare Services Industry Analysis
UpdatedJun 02, 2023
DataAggregated Company Financials
Companies13
- 7D1.6%
- 3M29.6%
- 1Y-17.8%
- YTD5.4%
Over the last 7 days, the Healthcare Services industry has risen 3.1%, driven by gains from Hapvida Participações e Investimentos of 14%. During this same period, the Diagnósticos da América underperformed, falling 5.6%. However, the industry is down 22% over the past year. As for the next few years, earnings are expected to grow by 46% per annum.
Industry Valuation and Performance
Has the Brazilian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 Jun 2023 | R$134.5b | R$106.3b | R$748.7m | 25.6x | 179.7x | 1.3x |
| Sun, 30 Apr 2023 | R$106.1b | R$96.0b | R$1.2b | 17.3x | 87.6x | 1.1x |
| Tue, 28 Mar 2023 | R$96.7b | R$94.3b | R$1.6b | 15.5x | 60.4x | 1x |
| Thu, 23 Feb 2023 | R$137.5b | R$88.6b | R$2.2b | 16.3x | 63x | 1.6x |
| Sat, 21 Jan 2023 | R$131.6b | R$88.6b | R$2.2b | 15.3x | 60.3x | 1.5x |
| Mon, 19 Dec 2022 | R$116.9b | R$88.6b | R$2.2b | 15.4x | 53.6x | 1.3x |
| Wed, 16 Nov 2022 | R$148.8b | R$88.0b | R$2.3b | 16.2x | 63.5x | 1.7x |
| Fri, 14 Oct 2022 | R$156.7b | R$81.2b | R$2.6b | 17.5x | 59.8x | 1.9x |
| Sun, 11 Sep 2022 | R$170.5b | R$81.2b | R$2.6b | 15.6x | 65.1x | 2.1x |
| Tue, 09 Aug 2022 | R$165.0b | R$75.6b | R$3.3b | 12.1x | 50.8x | 2.2x |
| Thu, 07 Jul 2022 | R$143.3b | R$75.4b | R$3.2b | 12.4x | 44.3x | 1.9x |
| Sat, 04 Jun 2022 | R$155.7b | R$75.4b | R$3.2b | 13.3x | 48.1x | 2.1x |
| Mon, 02 May 2022 | R$180.8b | R$69.7b | R$3.7b | 12x | 48.7x | 2.6x |
| Wed, 30 Mar 2022 | R$241.8b | R$67.7b | R$3.8b | 16.3x | 64.2x | 3.6x |
| Fri, 25 Feb 2022 | R$280.0b | R$79.1b | R$3.7b | 16.9x | 74.7x | 3.5x |
| Sun, 23 Jan 2022 | R$225.3b | R$79.1b | R$3.8b | 17.2x | 60.1x | 2.8x |
| Tue, 21 Dec 2021 | R$233.8b | R$79.1b | R$3.8b | 16.7x | 62.3x | 3x |
| Thu, 18 Nov 2021 | R$264.8b | R$78.0b | R$3.8b | 18.1x | 69.4x | 3.4x |
| Sat, 16 Oct 2021 | R$298.1b | R$74.7b | R$4.1b | 34.2x | 72.5x | 4x |
| Mon, 13 Sep 2021 | R$328.8b | R$74.7b | R$4.1b | 35.6x | 79.9x | 4.4x |
| Wed, 11 Aug 2021 | R$313.9b | R$73.8b | R$4.1b | 19.6x | 77.1x | 4.3x |
| Sun, 06 Jun 2021 | R$318.4b | R$59.6b | R$3.3b | 26.4x | 96.2x | 5.3x |
| Wed, 10 Mar 2021 | R$345.5b | R$55.4b | R$2.9b | 28x | 119.6x | 6.2x |
| Tue, 01 Dec 2020 | R$152.8b | R$38.7b | R$2.4b | 24.5x | 63.7x | 3.9x |
| Fri, 04 Sep 2020 | R$155.8b | R$36.3b | R$2.1b | 40.3x | 72.9x | 4.3x |
| Mon, 08 Jun 2020 | R$135.0b | R$35.2b | R$2.3b | 26.9x | 57.9x | 3.8x |
Price to Earnings Ratio
57.9x
Current Industry PE
- Investors are optimistic on the Brazilian Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 201x which is higher than its 3-year average PE of 73.6x.
- The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 34% per year over the last three years.
- Meanwhile revenues for these companies have grown 42% 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 Trends
Which industries have driven the changes within the Brazilian Healthcare industry?
| BR Market | -0.41% | |
| Healthcare | 1.28% | |
| Healthcare Services | 1.56% | |
| Managed Healthcare | 2.79% | |
| Healthcare Distributors | 2.77% | |
| Healthcare Facilities | 1.88% | |
| Healthcare Services | -1.31% | |
Industry PE
- Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 97.8x.
- Analysts are expecting annual earnings growth of 33.4%, which is higher than its past year's earnings decline of 26.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Managed Healthcare industry, expecting annual earnings growth of 75% over the next 5 years.
- This is better than its past earnings decline of 43% per year.
- In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 27% 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$4.10 | 5.1% +R$1.4b | -35.3% | PS1.1x | |
| RDOR3 Rede D'Or São Luiz | R$30.23 | 1.9% +R$1.3b | -11.1% | PE53.6x | |
| ONCO3 Oncoclínicas do Brasil Serviços Médicos | R$11.15 | 3.3% +R$172.2m | 109.2% | PE51.7x | |
| MATD3 Hospital Mater Dei | R$9.75 | 4.7% +R$168.1m | 7.4% | PE35.8x | |
| VVEO3 CM Hospitalar S/A | R$18.00 | 2.9% +R$141.7m | 17.2% | PE25.6x |