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Canadian (TSX) Healthtech Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies20
- 7D-3.9%
- 3M-16.6%
- 1Y38.1%
- YTD-21.2%
Over the last 7 days, the Healthtech industry has dropped 3.9%, driven by a decline by Treatment.Com International of 27%. Meanwhile, Reliq Health Technologies actually outperformed within the industry, gaining 5.9% in the last week. This takes the industry's 12 month performance to a gain of 38%.
Industry Valuation and Performance
Has the Canadian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | CA$1.2b | CA$74.1m | -CA$146,526,417.00 | 12.9x |
| Thu, 28 Oct 2021 | CA$1.1b | CA$76.4m | -CA$145,216,174.00 | 15.5x |
| Sat, 25 Sep 2021 | CA$1.1b | CA$76.5m | -CA$144,008,698.00 | 14.2x |
| Mon, 23 Aug 2021 | CA$1.0b | CA$76.4m | -CA$133,419,246.40 | 10.7x |
| Sat, 10 Jul 2021 | CA$1.1b | CA$76.4m | -CA$133,419,246.40 | 11x |
| Fri, 02 Apr 2021 | CA$843.6m | CA$63.7m | -CA$117,093,577.00 | 9.8x |
| Mon, 04 Jan 2021 | CA$750.1m | CA$57.9m | -CA$109,528,495.00 | 17.4x |
| Thu, 08 Oct 2020 | CA$306.8m | CA$23.7m | -CA$34,078,350.00 | n/a |
| Wed, 01 Jul 2020 | CA$276.5m | CA$31.8m | -CA$44,666,563.00 | n/a |
| Sat, 04 Apr 2020 | CA$257.4m | CA$21.9m | -CA$48,961,788.00 | n/a |
| Tue, 07 Jan 2020 | CA$280.5m | CA$20.6m | -CA$44,862,339.00 | n/a |
| Mon, 30 Sep 2019 | CA$203.4m | CA$19.5m | -CA$43,931,902.00 | n/a |
| Thu, 04 Jul 2019 | CA$161.4m | CA$18.1m | -CA$43,414,107.00 | 73.6x |
| Sun, 07 Apr 2019 | CA$203.0m | CA$16.9m | -CA$46,078,338.00 | 20.4x |
| Wed, 09 Jan 2019 | CA$214.7m | CA$19.0m | -CA$73,198,105.00 | 17.8x |
PE Ratio
16.7x
Current Industry PE: There is only one profitable company in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Healthcare Services industry have deteriorated over the last three years, while revenues for these companies have grown 50% 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 Healthtech industry?
| Healthtech | -3.87% | |
Industry PE: Investors are most optimistic about the Healthtech industry even though it's trading below its 3-year average PE ratio of 24.8x. This is likely because analysts are expecting annual earnings growth of 68% and investors are willing to pay a premium for that growth.
Forecasted Growth: Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 68% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| VHI Vitalhub | 4.7%+CA$5.1m | 21.7% | PS5.1x | |
| ADK DIAGNOS | 13.2%+CA$3.5m | -27.1% | PS100.5x | |
| NEWU Newtopia | 4.2%+CA$1.5m | -51.3% | PS3.5x | |
| CBP Certive Solutions | 16.7%+CA$1.4m | 75.0% | PS4.9x | |
| AMS.X Alchemist Mining | 19.0%+CA$40.7k | -58.3% | PE-0.8x |