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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?

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

16.7x

Total Market Cap: CA$228.4mTotal Earnings: -CA$78,852,898.10Total Revenue: CA$22.0m0%0%0%3 Year10 Year
201920202021

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?

Company7D1YValuation
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
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VHI

CA$3.14

Vitalhub

7D

4.7%

1Y

21.7%

ADK

CA$0.43

DIAGNOS

7D

13.2%

1Y

-27.1%

NEWU

CA$0.37

Newtopia

7D

4.2%

1Y

-51.3%