Andlauer Healthcare Group (TSE:AND) Is Increasing Its Dividend To CA$0.11
Sep 20
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Canadian (TSX) Healthcare Sector Analysis
UpdatedOct 09, 2024
DataAggregated Company Financials
Companies139
- 7D0.2%
- 3M0.7%
- 1Y5.1%
- YTD8.5%
Over the last 7 days, the Healthcare industry has dropped 2.2%, driven by a pullback from Chartwell Retirement Residences of 1.9%. Meanwhile, Cipher Pharmaceuticals actually outperformed within the industry, gaining 15% in the last week. In the past year, the industry has gained 5.6%. As for the next few years, earnings are expected to grow by 53% per annum.
Sector Valuation and Performance
Has the Canadian Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 09 Oct 2024 | CA$32.3b | CA$19.3b | -CA$2,959,515,298.73 | 20x | -10.9x | 1.7x |
| Fri, 06 Sep 2024 | CA$31.6b | CA$19.2b | -CA$2,962,286,017.12 | 21.4x | -10.7x | 1.6x |
| Sun, 04 Aug 2024 | CA$32.6b | CA$19.3b | -CA$3,673,905,593.63 | 20x | -8.9x | 1.7x |
| Tue, 02 Jul 2024 | CA$32.6b | CA$19.3b | -CA$3,796,452,334.56 | 18.8x | -8.6x | 1.7x |
| Thu, 30 May 2024 | CA$33.4b | CA$19.5b | -CA$4,050,221,689.44 | 17.3x | -8.3x | 1.7x |
| Sat, 27 Apr 2024 | CA$34.8b | CA$19.2b | -CA$4,029,196,850.59 | 13.7x | -8.6x | 1.8x |
| Mon, 25 Mar 2024 | CA$36.5b | CA$19.4b | -CA$4,057,765,095.98 | 13.7x | -9x | 1.9x |
| Wed, 21 Feb 2024 | CA$33.6b | CA$19.3b | -CA$5,212,789,064.96 | 15.4x | -6.4x | 1.7x |
| Fri, 19 Jan 2024 | CA$35.5b | CA$20.1b | -CA$7,688,174,013.00 | 12.5x | -4.6x | 1.8x |
| Sun, 17 Dec 2023 | CA$32.5b | CA$20.0b | -CA$7,662,091,774.00 | 10.7x | -4.2x | 1.6x |
| Tue, 14 Nov 2023 | CA$32.8b | CA$20.2b | -CA$7,866,093,862.00 | 17.2x | -4.2x | 1.6x |
| Thu, 12 Oct 2023 | CA$33.2b | CA$19.9b | -CA$8,378,159,244.00 | 17.4x | -4x | 1.7x |
| Sat, 09 Sep 2023 | CA$35.8b | CA$20.6b | -CA$8,961,317,880.00 | 17.9x | -4x | 1.7x |
| Mon, 07 Aug 2023 | CA$30.8b | CA$20.7b | -CA$10,842,305,164.00 | 20.4x | -2.8x | 1.5x |
| Wed, 05 Jul 2023 | CA$31.0b | CA$20.5b | -CA$10,587,332,183.00 | 21.7x | -2.9x | 1.5x |
| Fri, 02 Jun 2023 | CA$30.2b | CA$20.8b | -CA$11,562,371,399.00 | 17.8x | -2.6x | 1.5x |
| Sun, 30 Apr 2023 | CA$31.7b | CA$21.6b | -CA$11,291,873,229.00 | 16x | -2.8x | 1.5x |
| Tue, 28 Mar 2023 | CA$31.4b | CA$22.0b | -CA$11,379,974,424.00 | 16.6x | -2.8x | 1.4x |
| Thu, 23 Feb 2023 | CA$35.1b | CA$22.0b | -CA$11,675,507,844.00 | 20.1x | -3x | 1.6x |
| Sat, 21 Jan 2023 | CA$35.4b | CA$21.8b | -CA$11,513,541,026.00 | 19.7x | -3.1x | 1.6x |
| Mon, 19 Dec 2022 | CA$39.7b | CA$22.1b | -CA$11,628,083,032.00 | 19.7x | -3.4x | 1.8x |
| Wed, 16 Nov 2022 | CA$45.0b | CA$21.6b | -CA$12,057,736,852.00 | 19.6x | -3.7x | 2.1x |
| Fri, 14 Oct 2022 | CA$41.4b | CA$21.5b | -CA$10,916,374,117.00 | 22x | -3.8x | 1.9x |
| Sun, 11 Sep 2022 | CA$47.9b | CA$20.9b | -CA$10,273,320,251.00 | 22.4x | -4.7x | 2.3x |
| Tue, 09 Aug 2022 | CA$46.4b | CA$19.6b | -CA$9,736,077,186.00 | 20.9x | -4.8x | 2.4x |
| Thu, 07 Jul 2022 | CA$43.6b | CA$19.9b | -CA$7,275,946,947.00 | 19.9x | -6x | 2.2x |
| Sat, 04 Jun 2022 | CA$48.7b | CA$19.7b | -CA$7,128,157,344.00 | 19.3x | -6.8x | 2.5x |
| Mon, 02 May 2022 | CA$54.0b | CA$18.9b | -CA$6,710,563,707.00 | 20.5x | -8x | 2.9x |
| Wed, 30 Mar 2022 | CA$93.8b | CA$18.2b | -CA$6,286,603,948.00 | 20.2x | -14.9x | 5.2x |
| Fri, 25 Feb 2022 | CA$65.3b | CA$17.7b | -CA$5,894,122,776.00 | 19.8x | -11.1x | 3.7x |
| Sun, 23 Jan 2022 | CA$66.0b | CA$17.4b | -CA$6,710,881,730.00 | 19.7x | -9.8x | 3.8x |
| Tue, 21 Dec 2021 | CA$70.2b | CA$17.7b | -CA$6,774,426,793.00 | 14.8x | -10.4x | 4x |
| Thu, 18 Nov 2021 | CA$94.3b | CA$17.1b | -CA$6,668,626,533.00 | 21x | -14.1x | 5.5x |
| Sat, 16 Oct 2021 | CA$88.0b | CA$16.5b | -CA$6,670,524,798.00 | 20.3x | -13.2x | 5.3x |
Price to Earnings Ratio
-13.2x
Current Industry PE
- Investors are pessimistic on the Canadian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have improved over the last three years.
- Revenues for these companies have grown 5.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Canadian Healthcare sector?
| CA Market | -0.25% | |
| Healthcare | 0.24% | |
| Biotech | 10.02% | |
| Healthtech | 4.40% | |
| Life Sciences | 3.20% | |
| Pharma | 0.59% | |
| Healthcare Services | -1.25% | |
| Medical Equipment | -2.77% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 61.1%, which is lower than the prior year's growth of 1,974.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 92% over the next 5 years.
- In contrast, the Healthtech industry is expected to see its earnings grow by 35% 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 | |
|---|---|---|---|---|---|
| CPH Cipher Pharmaceuticals | CA$16.88 | 14.9% +CA$56.0m | 290.7% | PE14x | |
| ONC Oncolytics Biotech | CA$1.73 | 46.6% +CA$42.4m | -37.5% | PB7.3x | |
| GTII Green Thumb Industries | CA$14.13 | 1.2% +CA$40.4m | 4.1% | PE37.3x | |
| VHI Vitalhub | CA$9.25 | 8.8% +CA$38.2m | 214.6% | PE99.1x | |
| CURA Curaleaf Holdings | CA$4.04 | 1.3% +CA$37.1m | -33.8% | PS1.6x |
