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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies18
  • 7D-0.9%
  • 3M4.0%
  • 1Y8.5%
  • YTD3.1%

Over the last 7 days, the Healthcare Services industry has remained flat, although notably Medical Facilities gained 13%. As for the the longer term, the industry is up 7.9% over the past 12 months. As for the next few years, earnings are expected to grow by 96% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$9.1bCA$6.8b-CA$68,411,371.6622.3x-133.4x1.3x
Wed, 14 Feb 2024CA$8.8bCA$6.7b-CA$67,368,669.7132.5x-130.2x1.3x
Fri, 12 Jan 2024CA$9.6bCA$7.1b-CA$112,301,018.0032.2x-85.9x1.4x
Sun, 10 Dec 2023CA$9.2bCA$7.1b-CA$106,905,789.0033.8x-85.8x1.3x
Tue, 07 Nov 2023CA$9.0bCA$7.0b-CA$199,666,858.0069.7x-45.1x1.3x
Thu, 05 Oct 2023CA$8.8bCA$7.0b-CA$199,020,153.0065.5x-44.4x1.3x
Sat, 02 Sep 2023CA$9.6bCA$7.0b-CA$199,659,698.0079x-48.1x1.4x
Mon, 31 Jul 2023CA$9.6bCA$6.9b-CA$203,671,931.0057.5x-47.3x1.4x
Wed, 28 Jun 2023CA$9.3bCA$6.8b-CA$202,299,453.0060.9x-45.7x1.4x
Fri, 26 May 2023CA$9.3bCA$6.9b-CA$207,719,163.0044.8x-44.6x1.3x
Sun, 23 Apr 2023CA$10.2bCA$7.7b-CA$381,337,701.0072.4x-26.9x1.3x
Tue, 21 Mar 2023CA$9.2bCA$7.6b-CA$469,936,276.0046.6x-19.6x1.2x
Thu, 16 Feb 2023CA$10.2bCA$7.7b-CA$396,125,124.0036.2x-25.8x1.3x
Sat, 14 Jan 2023CA$9.6bCA$7.8b-CA$525,557,825.0038.5x-18.2x1.2x
Mon, 12 Dec 2022CA$8.9bCA$7.8b-CA$537,279,560.0036.5x-16.5x1.1x
Wed, 09 Nov 2022CA$9.1bCA$7.4b-CA$471,734,193.0035.7x-19.2x1.2x
Fri, 07 Oct 2022CA$9.4bCA$7.5b-CA$535,546,667.0036.5x-17.6x1.3x
Sun, 04 Sep 2022CA$10.5bCA$7.4b-CA$575,094,648.0042.3x-18.3x1.4x
Tue, 02 Aug 2022CA$11.3bCA$7.0b-CA$512,619,074.0040.6x-22x1.6x
Thu, 30 Jun 2022CA$10.8bCA$7.0b-CA$658,739,075.0036.9x-16.4x1.5x
Sat, 28 May 2022CA$11.7bCA$7.0b-CA$657,807,875.0048.4x-17.9x1.7x
Mon, 25 Apr 2022CA$12.8bCA$6.5b-CA$831,199,120.0041.3x-15.4x2x
Wed, 23 Mar 2022CA$13.2bCA$6.4b-CA$827,328,207.0038x-16x2.1x
Fri, 18 Feb 2022CA$12.8bCA$6.2b-CA$833,646,878.0032.3x-15.3x2x
Sun, 16 Jan 2022CA$13.4bCA$6.2b-CA$970,417,718.0036.7x-13.8x2.2x
Tue, 14 Dec 2021CA$13.5bCA$6.2b-CA$946,594,622.0022.2x-14.2x2.2x
Thu, 11 Nov 2021CA$14.6bCA$5.8b-CA$836,927,450.0022.8x-17.5x2.5x
Sat, 09 Oct 2021CA$14.2bCA$5.8b-CA$805,698,989.0019.7x-17.6x2.4x
Mon, 06 Sep 2021CA$15.5bCA$5.8b-CA$794,707,908.2223.7x-19.5x2.7x
Wed, 04 Aug 2021CA$14.4bCA$5.8b-CA$795,431,212.2224x-18.1x2.5x
Sat, 08 May 2021CA$12.2bCA$4.6b-CA$687,761,823.7327.9x-17.8x2.6x
Price to Earnings Ratio

-17.2x


Total Market Cap: CA$11.8bTotal Earnings: -CA$685,572,537.73Total Revenue: CA$4.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average -32.4x202220232024
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 1.7x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have improved over the last three years.
  • Revenues for these companies have grown 14% 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 industry?

CA Market0.35%
Healthcare8.01%
Healthcare Services-0.87%
Healthcare Distributors0%
Managed Healthcare0%
Healthcare Facilities-0.022%
Healthcare Services-1.78%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 99x.
    • Analysts are expecting annual earnings growth of 134.7%, which is higher than its past year's earnings decline of 34.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 135% over the next 5 years.
  • This is better than its past earnings decline of 34% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 45% 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
DR Medical FacilitiesCA$10.1912.8%
+CA$28.5m
24.7%PE10x
VMD Viemed HealthcareCA$10.454.6%
+CA$17.7m
3.9%PE33x
EXE ExtendicareCA$7.492.3%
+CA$14.1m
22.6%PE18.3x
SIA Sienna Senior LivingCA$13.081.2%
+CA$10.9m
24.6%PE135.6x
NLH Nova Leap HealthCA$0.256.4%
+CA$1.3m
22.0%PS0.6x
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Latest News

SIA

CA$13.08

Sienna Senior Living

7D

1.2%

1Y

24.6%

KDA

CA$0.60

KDA Group

7D

-3.2%

1Y

566.7%

DR

CA$10.19

Medical Facilities

7D

12.8%

1Y

24.7%

NLH

CA$0.25

Nova Leap Health

7D

6.4%

1Y

22.0%

DNTL

CA$6.48

dentalcorp Holdings

7D

-3.1%

1Y

-17.9%

DOC

CA$0.08

CloudMD Software & Services

7D

-11.1%

1Y

-52.9%

AND

CA$42.11

Andlauer Healthcare Group

7D

-1.6%

1Y

-8.3%

VMD

CA$10.45

Viemed Healthcare

7D

4.6%

1Y

3.9%

NEWU

CA$0.095

Newtopia

7D

5.6%

1Y

-20.8%

JUMP

CA$0.085

Leveljump Healthcare

7D

6.3%

1Y

41.7%

CARE

CA$5.14

Dialogue Health Technologies

7D

0.2%

1Y

106.4%