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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies29
  • 7D1.8%
  • 3M-12.3%
  • 1Y-29.5%
  • YTD-32.0%

Over the last 7 days, the Healthcare Services industry has risen 1.8%, driven by gains from dentalcorp Holdings of 6.6%. Meanwhile, Dialogue Health Technologies actually underperformed within the industry, shrinking 20% in the last week. In contrast, the industry has lost 30% in the last 12 months. Looking forward, earnings are forecast to grow by 59% annually.

Industry Valuation and Performance

Has the Canadian Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022CA$9.3bCA$7.8b-CA$544,073,837.0037.9x-17x1.2x
Fri, 28 Oct 2022CA$9.3bCA$7.4b-CA$480,827,320.0036.4x-19.4x1.3x
Sun, 25 Sep 2022CA$9.5bCA$7.5b-CA$532,409,458.0038.5x-17.8x1.3x
Tue, 23 Aug 2022CA$10.9bCA$7.3b-CA$538,855,055.0064x-20.3x1.5x
Thu, 21 Jul 2022CA$11.1bCA$7.0b-CA$498,661,097.0039.7x-22.2x1.6x
Sat, 18 Jun 2022CA$10.3bCA$7.0b-CA$660,894,585.0034.9x-15.6x1.5x
Mon, 16 May 2022CA$11.4bCA$7.0b-CA$673,710,002.0046.7x-16.9x1.6x
Wed, 13 Apr 2022CA$13.4bCA$6.5b-CA$830,264,235.0029.5x-16.1x2.1x
Fri, 11 Mar 2022CA$12.9bCA$6.3b-CA$787,469,187.0038.3x-16.4x2x
Sun, 06 Feb 2022CA$13.3bCA$6.2b-CA$968,928,350.0033.3x-13.7x2.1x
Tue, 04 Jan 2022CA$13.7bCA$6.2b-CA$972,275,412.0037.8x-14.1x2.2x
Thu, 02 Dec 2021CA$13.6bCA$6.2b-CA$950,301,268.0020.7x-14.3x2.2x
Sat, 30 Oct 2021CA$14.3bCA$5.8b-CA$809,462,603.0020.5x-17.7x2.5x
Mon, 27 Sep 2021CA$15.0bCA$5.8b-CA$797,338,849.0021.3x-18.8x2.6x
Wed, 25 Aug 2021CA$15.1bCA$5.8b-CA$795,431,212.2224.9x-18.9x2.6x
Thu, 01 Jul 2021CA$15.3bCA$5.8b-CA$795,431,212.2223x-19.3x2.6x
Sun, 04 Apr 2021CA$11.8bCA$4.6b-CA$685,572,537.7326.5x-17.2x2.5x
Wed, 06 Jan 2021CA$10.2bCA$4.4b-CA$292,081,124.6635.8x-34.9x2.3x
Sat, 10 Oct 2020CA$8.4bCA$4.5b-CA$40,843,481.6831.7x-205x1.9x
Fri, 03 Jul 2020CA$7.0bCA$4.4b-CA$7,965,332.6245.9x-880.4x1.6x
Mon, 06 Apr 2020CA$5.8bCA$4.5bCA$17.4m27.9x331.6x1.3x
Thu, 09 Jan 2020CA$8.0bCA$4.3b-CA$27,987,557.7527.8x-284.9x1.9x
Price to Earnings Ratio

-132.9x


Total Market Cap: CA$7.1bTotal Earnings: -CA$53,688,334.65Total Revenue: CA$3.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average -86.7x202020212022
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 2.0x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 26% 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 caused losses to expand.

Industry Trends

Which industries have driven the changes within the Canadian Healthcare industry?

CA Market0.22%
Healthcare1.88%
Healthcare Services1.83%
Healthcare Services2.06%
Healthcare Facilities1.49%
Healthcare Distributors0%
Managed Healthcare0%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 68% over the next 5 years.
    • This is better than its past earnings decline of 22% per year.
    • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 47% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    DNTL dentalcorp HoldingsCA$8.916.6%
    +CA$102.1m
    -45.7%PS1.4x
    CSH.UN Chartwell Retirement ResidencesCA$8.411.7%
    +CA$33.0m
    -23.8%PE303x
    AND Andlauer Healthcare GroupCA$51.431.1%
    +CA$23.0m
    6.6%PE19.6x
    VMD Viemed HealthcareCA$9.856.4%
    +CA$22.4m
    53.0%PE34.9x
    SIA Sienna Senior LivingCA$11.751.8%
    +CA$15.3m
    -13.3%PE38.9x
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    Latest News

    EPW

    CA$0.035

    Empower Clinics

    7D

    -22.2%

    1Y

    -83.3%

    KDA

    CA$0.095

    KDA Group

    7D

    -13.6%

    1Y

    -5.0%

    CARE

    CA$2.54

    Dialogue Health Technologies

    7D

    -20.1%

    1Y

    -67.7%

    DOC

    CA$0.19

    CloudMD Software & Services

    7D

    -9.5%

    1Y

    -85.0%

    CSH.UN

    CA$8.41

    Chartwell Retirement Residences

    7D

    1.7%

    1Y

    -23.8%

    SIA

    CA$11.75

    Sienna Senior Living

    7D

    1.8%

    1Y

    -13.3%

    DRDR

    CA$0.55

    MCI Onehealth Technologies

    7D

    -14.1%

    1Y

    -68.2%

    WELL

    CA$2.94

    WELL Health Technologies

    7D

    1.4%

    1Y

    -48.4%

    AH

    CA$0.075

    Aleafia Health

    7D

    -6.3%

    1Y

    -50.0%

    VMD

    CA$9.85

    Viemed Healthcare

    7D

    6.4%

    1Y

    53.0%

    AKU

    CA$1.40

    Akumin

    7D

    5.3%

    1Y

    -29.6%

    SLHG

    CA$0.58

    Skylight Health Group

    7D

    -10.8%

    1Y

    -65.5%

    OMND

    CA$0.03

    Optimind Pharma

    7D

    -33.3%

    1Y

    n/a