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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedMar 17, 2024
DataAggregated Company Financials
Companies11
  • 7D-1.8%
  • 3M1.8%
  • 1Y-12.0%
  • YTDn/a

Over the last 7 days, the Healthcare Services industry has dropped 1.8%, driven by WELL Health Technologies declining 4.7%. However, the industry is down 12% over the past year. Looking forward, earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Mar 2024CA$4.3bCA$3.4b-CA$57,746,934.91340.3x-75.1x1.3x
Tue, 13 Feb 2024CA$4.3bCA$3.3b-CA$67,754,437.01155.9x-63.1x1.3x
Thu, 11 Jan 2024CA$5.0bCA$3.7b-CA$112,322,339.0033x-44.6x1.3x
Sat, 09 Dec 2023CA$4.9bCA$3.7b-CA$106,623,816.0034.9x-45.6x1.3x
Mon, 06 Nov 2023CA$4.9bCA$3.6b-CA$193,427,305.0031.1x-25.2x1.3x
Wed, 04 Oct 2023CA$4.8bCA$3.6b-CA$192,779,894.0035.2x-25.1x1.3x
Fri, 01 Sep 2023CA$5.4bCA$3.6b-CA$193,061,702.0041.7x-28.1x1.5x
Sun, 30 Jul 2023CA$5.5bCA$3.5b-CA$209,424,042.0057.5x-26.1x1.5x
Tue, 27 Jun 2023CA$5.3bCA$3.5b-CA$206,061,022.0060.6x-26x1.5x
Thu, 25 May 2023CA$5.4bCA$3.6b-CA$211,626,016.0044.8x-25.7x1.5x
Sat, 22 Apr 2023CA$6.5bCA$4.4b-CA$392,660,880.0052.7x-16.6x1.5x
Mon, 20 Mar 2023CA$5.7bCA$4.3b-CA$479,514,539.0032.1x-11.9x1.3x
Wed, 15 Feb 2023CA$6.0bCA$4.2b-CA$424,178,080.0031.3x-14.2x1.4x
Fri, 13 Jan 2023CA$5.7bCA$4.2b-CA$495,720,941.0039.5x-11.6x1.4x
Sun, 11 Dec 2022CA$5.3bCA$4.3b-CA$504,538,445.0036.5x-10.6x1.3x
Tue, 08 Nov 2022CA$5.3bCA$4.0b-CA$351,139,913.0035.4x-15.1x1.3x
Thu, 06 Oct 2022CA$5.4bCA$4.0b-CA$404,739,416.0034.9x-13.4x1.4x
Sat, 03 Sep 2022CA$6.1bCA$3.9b-CA$445,674,151.0044.8x-13.7x1.6x
Mon, 01 Aug 2022CA$6.2bCA$3.5b-CA$504,596,876.0033.1x-12.3x1.8x
Wed, 29 Jun 2022CA$5.9bCA$3.5b-CA$495,010,995.0023.5x-11.9x1.7x
Fri, 27 May 2022CA$6.2bCA$3.5b-CA$479,603,333.0031.1x-12.9x1.8x
Sun, 24 Apr 2022CA$7.1bCA$3.1b-CA$682,838,344.0022.5x-10.4x2.3x
Tue, 22 Mar 2022CA$7.5bCA$3.0b-CA$666,624,253.0023.3x-11.3x2.5x
Thu, 17 Feb 2022CA$7.4bCA$2.8b-CA$659,785,073.0027.8x-11.2x2.6x
Sat, 15 Jan 2022CA$7.9bCA$2.8b-CA$648,045,784.0031.4x-12.3x2.9x
Mon, 13 Dec 2021CA$8.3bCA$2.7b-CA$624,012,253.0016.8x-13.3x3.1x
Wed, 10 Nov 2021CA$9.0bCA$2.4b-CA$565,963,802.0022.6x-15.9x3.8x
Fri, 08 Oct 2021CA$8.7bCA$2.4b-CA$562,008,377.0022.3x-15.5x3.6x
Sun, 05 Sep 2021CA$9.5bCA$2.4b-CA$559,182,420.0926.7x-17x4x
Tue, 03 Aug 2021CA$8.9bCA$2.4b-CA$559,182,420.0926.1x-15.9x3.7x
Fri, 07 May 2021CA$6.7bCA$1.3b-CA$421,932,365.8027.9x-15.8x5.3x
Price to Earnings Ratio

-15.1x


Total Market Cap: CA$6.4bTotal Earnings: -CA$420,748,079.80Total Revenue: CA$1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average -20x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Healthcare Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have improved over the last three years.
  • Revenues for these companies have grown 39% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Comparison

How does Canadian Healthcare Services compare with similar industries?

CA Market0.45%
Healthcare5.20%
Healthcare Services-0.31%
Healthcare Services-1.85%
Healthcare Facilities1.12%
Healthcare Distributors0%
Managed Healthcare0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
VMD Viemed HealthcareCA$10.454.6%
+CA$17.7m
3.9%PE33x
KDA KDA GroupCA$0.6020.0%
+CA$17.6m
566.7%PE654.2x
NEWU NewtopiaCA$0.0955.6%
+CA$866.3k
-17.4%PS1.6x
CARE Dialogue Health TechnologiesCA$5.140.2%
+CA$674.5k
106.4%PS3.6x
JUMP Leveljump HealthcareCA$0.0856.3%
+CA$482.7k
41.7%PS0.7x
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Latest News

KDA

CA$0.60

KDA Group

7D

20.0%

1Y

566.7%

DNTL

CA$6.48

dentalcorp Holdings

7D

-1.2%

1Y

-18.8%

DOC

CA$0.08

CloudMD Software & Services

7D

-20.0%

1Y

-55.6%

AND

CA$42.11

Andlauer Healthcare Group

7D

-1.4%

1Y

-7.8%

VMD

CA$10.45

Viemed Healthcare

7D

4.6%

1Y

3.9%

BRAX

CA$0.005

Braxia Scientific

7D

-50.0%

1Y

-75.0%

NEWU

CA$0.095

Newtopia

7D

5.6%

1Y

-17.4%

PHA

CA$0.52

Premier Health of America

7D

-1.9%

1Y

55.2%

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%