Canadian (TSX) Healthtech Industry Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies19
- 7D-0.4%
- 3M-6.3%
- 1Y-34.8%
- YTD-34.6%
Over the last 7 days, the Healthtech industry has remained flat, although notably Xybion Digital gained 7.1%. Unfortunately though, the industry is down 35% over the past 12 months. Looking forward, earnings are forecast to grow by 46% annually.
Industry Valuation and Performance
Has the Canadian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | CA$688.9m | CA$177.6m | -CA$108,541,343.00 | 104.3x | -6.3x | 3.9x |
| Sat, 29 Oct 2022 | CA$671.5m | CA$163.9m | -CA$128,661,736.00 | 303.5x | -5.2x | 4.1x |
| Mon, 26 Sep 2022 | CA$657.0m | CA$163.9m | -CA$131,253,330.00 | 323.3x | -5x | 4x |
| Wed, 24 Aug 2022 | CA$741.6m | CA$153.2m | -CA$127,710,423.00 | 342.5x | -5.8x | 4.8x |
| Fri, 22 Jul 2022 | CA$692.7m | CA$146.2m | -CA$124,035,541.00 | 904.4x | -5.6x | 4.7x |
| Sun, 19 Jun 2022 | CA$652.0m | CA$146.4m | -CA$139,237,162.00 | 446.6x | -4.7x | 4.5x |
| Tue, 17 May 2022 | CA$707.5m | CA$136.0m | -CA$143,393,828.00 | 538.4x | -4.9x | 5.2x |
| Thu, 14 Apr 2022 | CA$895.2m | CA$110.5m | -CA$180,675,292.00 | 504.9x | -5x | 8.1x |
| Sat, 12 Mar 2022 | CA$875.6m | CA$87.8m | -CA$180,351,560.00 | 13.8x | -4.9x | 10x |
| Mon, 07 Feb 2022 | CA$976.7m | CA$82.6m | -CA$174,141,495.00 | 14x | -5.6x | 11.8x |
| Wed, 05 Jan 2022 | CA$1.1b | CA$82.9m | -CA$174,631,531.00 | 11x | -6.3x | 13.4x |
| Fri, 03 Dec 2021 | CA$1.1b | CA$82.9m | -CA$171,908,718.00 | 11.8x | -6.4x | 13.4x |
| Sun, 31 Oct 2021 | CA$1.1b | CA$76.8m | -CA$143,400,563.00 | 15x | -7.7x | 14.4x |
| Tue, 28 Sep 2021 | CA$1.1b | CA$76.5m | -CA$145,459,119.00 | 13.5x | -7.7x | 14.6x |
| Thu, 26 Aug 2021 | CA$1.1b | CA$76.4m | -CA$133,419,246.40 | 12.5x | -7.9x | 13.8x |
| Fri, 02 Jul 2021 | CA$1.1b | CA$76.4m | -CA$133,419,246.40 | 11x | -7.9x | 13.7x |
| Mon, 05 Apr 2021 | CA$843.6m | CA$63.7m | -CA$117,093,577.00 | 9.8x | -7.2x | 13.3x |
| Thu, 07 Jan 2021 | CA$750.1m | CA$57.9m | -CA$109,528,495.00 | 17.4x | -6.8x | 13x |
| Wed, 30 Sep 2020 | CA$306.8m | CA$23.7m | -CA$34,078,350.00 | n/a | -9x | 12.9x |
| Sat, 04 Jul 2020 | CA$276.5m | CA$31.8m | -CA$44,666,563.00 | n/a | -6.2x | 8.7x |
| Tue, 07 Apr 2020 | CA$257.4m | CA$21.9m | -CA$48,961,788.00 | n/a | -5.3x | 11.8x |
| Fri, 10 Jan 2020 | CA$280.5m | CA$20.6m | -CA$44,862,339.00 | n/a | -6.3x | 13.6x |
Price to Earnings Ratio
-5.9x
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 11.4x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 109% 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 Market | 0.70% | |
| Healthcare | 0.36% | |
| Healthtech | -0.38% | |
| Healthtech | -0.38% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| XYBN Xybion Digital | CA$2.40 | 7.1% +CA$8.4m | 31.9% | PS5.7x | |
| AVCR Avricore Health | CA$0.33 | 26.9% +CA$7.1m | 135.7% | PS39.4x | |
| CHS Comprehensive Healthcare Systems | CA$0.085 | 13.3% +CA$2.1m | -71.7% | PS1.5x | |
| GEMS Infinity Stone Ventures | CA$0.24 | 9.1% +CA$2.0m | 118.2% | PS30.4x | |
| DMED Diagnamed Holdings | CA$0.05 | 100.0% +CA$1.9m | n/a | n/a |