Header cover image

Canadian (TSX) Healthtech Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
  • 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?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021CA$1.2bCA$74.1m-CA$146,526,417.0012.9x
Thu, 28 Oct 2021CA$1.1bCA$76.4m-CA$145,216,174.0015.5x
Sat, 25 Sep 2021CA$1.1bCA$76.5m-CA$144,008,698.0014.2x
Mon, 23 Aug 2021CA$1.0bCA$76.4m-CA$133,419,246.4010.7x
Sat, 10 Jul 2021CA$1.1bCA$76.4m-CA$133,419,246.4011x
Fri, 02 Apr 2021CA$843.6mCA$63.7m-CA$117,093,577.009.8x
Mon, 04 Jan 2021CA$750.1mCA$57.9m-CA$109,528,495.0017.4x
Thu, 08 Oct 2020CA$306.8mCA$23.7m-CA$34,078,350.00n/a
Wed, 01 Jul 2020CA$276.5mCA$31.8m-CA$44,666,563.00n/a
Sat, 04 Apr 2020CA$257.4mCA$21.9m-CA$48,961,788.00n/a
Tue, 07 Jan 2020CA$280.5mCA$20.6m-CA$44,862,339.00n/a
Mon, 30 Sep 2019CA$203.4mCA$19.5m-CA$43,931,902.00n/a
Thu, 04 Jul 2019CA$161.4mCA$18.1m-CA$43,414,107.0073.6x
Sun, 07 Apr 2019CA$203.0mCA$16.9m-CA$46,078,338.0020.4x
Wed, 09 Jan 2019CA$214.7mCA$19.0m-CA$73,198,105.0017.8x
PE Ratio


Total Market Cap: CA$228.4mTotal Earnings: -CA$78,852,898.10Total Revenue: CA$22.0m0%0%0%3 Year10 Year

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?


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?

VHI Vitalhub4.7%+CA$5.1m21.7%PS5.1x
ADK DIAGNOS13.2%+CA$3.5m-27.1%PS100.5x
NEWU Newtopia4.2%+CA$1.5m-51.3%PS3.5x
CBP Certive Solutions16.7%+CA$1.4m75.0%PS4.9x
AMS.X Alchemist Mining19.0%+CA$40.7k-58.3%PE-0.8x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News