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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedSep 09, 2024
DataAggregated Company Financials
Companies17
  • 7D-0.2%
  • 3M4.9%
  • 1Y24.0%
  • YTD18.1%

Over the last 7 days, the Healthcare Services industry has remained flat, although notably WELL Health Technologies declined by 9.1%. The past year has been better, since the industry has gained 24% in that time. Looking forward, earnings are forecast to grow by 63% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Sep 2024CA$11.2bCA$7.3bCA$152.8m21.7x73.1x1.5x
Wed, 07 Aug 2024CA$10.7bCA$7.1bCA$4.8m25.1x2217.7x1.5x
Fri, 05 Jul 2024CA$10.4bCA$7.2b-CA$69,429,968.2923.5x-149.2x1.4x
Sun, 02 Jun 2024CA$9.4bCA$7.2b-CA$72,699,287.2824x-129x1.3x
Tue, 30 Apr 2024CA$9.3bCA$7.0b-CA$133,897,065.7625.9x-69.2x1.3x
Thu, 28 Mar 2024CA$9.3bCA$6.9b-CA$102,936,030.8027.1x-90.1x1.3x
Sat, 24 Feb 2024CA$9.0bCA$6.8b-CA$61,432,034.2834.4x-147.2x1.3x
Mon, 22 Jan 2024CA$9.6bCA$7.1b-CA$112,330,949.0032x-85.6x1.3x
Wed, 20 Dec 2023CA$9.5bCA$7.1b-CA$111,618,715.0031.9x-85.3x1.3x
Fri, 17 Nov 2023CA$9.0bCA$7.1b-CA$188,779,713.0029.7x-47.9x1.3x
Sun, 15 Oct 2023CA$8.8bCA$7.0b-CA$199,020,950.0068x-44.4x1.3x
Tue, 12 Sep 2023CA$9.2bCA$7.0b-CA$200,380,650.0074.6x-45.8x1.3x
Thu, 10 Aug 2023CA$9.4bCA$6.9b-CA$219,636,020.0052.9x-42.8x1.4x
Sat, 08 Jul 2023CA$9.2bCA$6.9b-CA$203,478,446.0060.4x-45.3x1.3x
Mon, 05 Jun 2023CA$9.5bCA$6.9b-CA$208,204,279.0062.6x-45.8x1.4x
Wed, 03 May 2023CA$10.1bCA$7.7b-CA$383,165,478.0051.9x-26.2x1.3x
Fri, 31 Mar 2023CA$9.8bCA$7.7b-CA$383,895,995.0057.7x-25.4x1.3x
Sun, 26 Feb 2023CA$10.2bCA$7.8b-CA$407,949,255.0035.1x-24.9x1.3x
Tue, 24 Jan 2023CA$9.8bCA$7.8b-CA$525,319,714.0039.6x-18.7x1.3x
Thu, 22 Dec 2022CA$8.8bCA$7.8b-CA$536,991,572.0035.9x-16.5x1.1x
Sat, 19 Nov 2022CA$8.6bCA$7.8b-CA$552,427,235.0036.4x-15.6x1.1x
Mon, 17 Oct 2022CA$9.2bCA$7.5b-CA$537,281,207.0035.3x-17.1x1.2x
Wed, 14 Sep 2022CA$10.6bCA$7.4b-CA$573,705,377.0042.1x-18.5x1.4x
Fri, 12 Aug 2022CA$11.1bCA$7.0b-CA$484,116,118.0038.9x-23x1.6x
Sun, 10 Jul 2022CA$11.1bCA$7.0b-CA$499,440,037.0037.7x-22.2x1.6x
Tue, 07 Jun 2022CA$11.6bCA$7.0b-CA$665,460,709.0037.9x-17.4x1.7x
Thu, 05 May 2022CA$12.3bCA$6.6b-CA$851,202,518.0037.3x-14.4x1.9x
Sat, 02 Apr 2022CA$13.2bCA$6.4b-CA$811,730,861.0037.1x-16.3x2.1x
Mon, 28 Feb 2022CA$12.7bCA$6.2b-CA$837,273,842.0049.5x-15.2x2x
Wed, 26 Jan 2022CA$13.1bCA$6.2b-CA$971,149,217.0033.1x-13.5x2.1x
Fri, 24 Dec 2021CA$13.7bCA$6.2b-CA$977,251,139.0033.8x-14x2.2x
Sun, 21 Nov 2021CA$14.4bCA$6.1b-CA$899,597,771.0023.4x-16x2.4x
Tue, 19 Oct 2021CA$14.5bCA$5.8b-CA$809,308,609.0020.3x-17.9x2.5x
Thu, 16 Sep 2021CA$15.1bCA$5.8b-CA$794,707,908.2221.9x-19.1x2.6x
Price to Earnings Ratio

-19.1x


Total Market Cap: CA$15.1bTotal Earnings: -CA$794,707,908.22Total Revenue: CA$5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average -66.7x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 73.1x which is higher than its 3-year average PE of -66.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 7.7% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

CA Market-2.34%
Healthcare-0.45%
Healthcare Services-0.16%
Healthcare Distributors15.00%
Healthcare Facilities2.04%
Managed Healthcare0%
Healthcare Services-3.19%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 187x.
    • Analysts are expecting annual earnings growth of 75.7%, which is lower than the prior year's growth of 3,957.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 76% over the next 5 years.
  • 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
CSH.UN Chartwell Retirement ResidencesCA$14.841.7%
+CA$67.8m
47.4%PS5.1x
SIA Sienna Senior LivingCA$16.164.1%
+CA$59.0m
41.5%PE51.9x
VMD Viemed HealthcareCA$10.454.6%
+CA$17.7m
3.9%PE33x
EXE ExtendicareCA$8.842.1%
+CA$15.0m
41.9%PE12.4x
EBM Eastwood Bio-Medical CanadaCA$0.7735.1%
+CA$13.8m
2.7%PS81.3x
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Latest News

DNTL

CA$7.92

dentalcorp Holdings

7D

0.5%

1Y

18.0%

KDA

CA$0.23

KDA Group

7D

-11.3%

1Y

213.3%

NEWU

CA$0.005

Newtopia

7D

-83.3%

1Y

-95.8%

QIPT

CA$3.67

Quipt Home Medical

7D

-4.9%

1Y

-51.2%

AND

CA$39.43

Andlauer Healthcare Group

7D

-0.2%

1Y

-2.9%

WELL

CA$4.09

WELL Health Technologies

7D

-9.1%

1Y

-9.3%

AIDX

CA$1.58

Healwell AI

7D

-14.1%

1Y

295.0%

NLH

CA$0.23

Nova Leap Health

7D

-4.2%

1Y

27.8%

VMD

CA$10.45

Viemed Healthcare

7D

4.6%

1Y

3.9%

DR

CA$13.37

Medical Facilities

7D

-3.5%

1Y

42.7%

EBM

CA$0.77

Eastwood Bio-Medical Canada

7D

35.1%

1Y

2.7%

IBO

CA$0.015

Universal Ibogaine

7D

50.0%

1Y

0%

CARE

CA$5.14

Dialogue Health Technologies

7D

0.2%

1Y

106.4%