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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022CA$688.9mCA$177.6m-CA$108,541,343.00104.3x-6.3x3.9x
Sat, 29 Oct 2022CA$671.5mCA$163.9m-CA$128,661,736.00303.5x-5.2x4.1x
Mon, 26 Sep 2022CA$657.0mCA$163.9m-CA$131,253,330.00323.3x-5x4x
Wed, 24 Aug 2022CA$741.6mCA$153.2m-CA$127,710,423.00342.5x-5.8x4.8x
Fri, 22 Jul 2022CA$692.7mCA$146.2m-CA$124,035,541.00904.4x-5.6x4.7x
Sun, 19 Jun 2022CA$652.0mCA$146.4m-CA$139,237,162.00446.6x-4.7x4.5x
Tue, 17 May 2022CA$707.5mCA$136.0m-CA$143,393,828.00538.4x-4.9x5.2x
Thu, 14 Apr 2022CA$895.2mCA$110.5m-CA$180,675,292.00504.9x-5x8.1x
Sat, 12 Mar 2022CA$875.6mCA$87.8m-CA$180,351,560.0013.8x-4.9x10x
Mon, 07 Feb 2022CA$976.7mCA$82.6m-CA$174,141,495.0014x-5.6x11.8x
Wed, 05 Jan 2022CA$1.1bCA$82.9m-CA$174,631,531.0011x-6.3x13.4x
Fri, 03 Dec 2021CA$1.1bCA$82.9m-CA$171,908,718.0011.8x-6.4x13.4x
Sun, 31 Oct 2021CA$1.1bCA$76.8m-CA$143,400,563.0015x-7.7x14.4x
Tue, 28 Sep 2021CA$1.1bCA$76.5m-CA$145,459,119.0013.5x-7.7x14.6x
Thu, 26 Aug 2021CA$1.1bCA$76.4m-CA$133,419,246.4012.5x-7.9x13.8x
Fri, 02 Jul 2021CA$1.1bCA$76.4m-CA$133,419,246.4011x-7.9x13.7x
Mon, 05 Apr 2021CA$843.6mCA$63.7m-CA$117,093,577.009.8x-7.2x13.3x
Thu, 07 Jan 2021CA$750.1mCA$57.9m-CA$109,528,495.0017.4x-6.8x13x
Wed, 30 Sep 2020CA$306.8mCA$23.7m-CA$34,078,350.00n/a-9x12.9x
Sat, 04 Jul 2020CA$276.5mCA$31.8m-CA$44,666,563.00n/a-6.2x8.7x
Tue, 07 Apr 2020CA$257.4mCA$21.9m-CA$48,961,788.00n/a-5.3x11.8x
Fri, 10 Jan 2020CA$280.5mCA$20.6m-CA$44,862,339.00n/a-6.3x13.6x
Price to Earnings Ratio

-5.9x


Total Market Cap: CA$256.1mTotal Earnings: -CA$43,753,133.00Total Revenue: CA$19.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthtech Industry Price to Earnings3Y Average -6.7x202020212022
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 Market0.70%
Healthcare0.36%
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?

CompanyLast Price7D1YValuation
XYBN Xybion DigitalCA$2.407.1%
+CA$8.4m
31.9%PS5.7x
AVCR Avricore HealthCA$0.3326.9%
+CA$7.1m
135.7%PS39.4x
CHS Comprehensive Healthcare SystemsCA$0.08513.3%
+CA$2.1m
-71.7%PS1.5x
GEMS Infinity Stone VenturesCA$0.249.1%
+CA$2.0m
118.2%PS30.4x
DMED Diagnamed HoldingsCA$0.05100.0%
+CA$1.9m
n/an/a
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Latest News

XYBN

CA$2.40

Xybion Digital

7D

7.1%

1Y

31.9%

RHT

CA$0.59

Reliq Health Technologies

7D

-13.2%

1Y

-47.8%

KSI

CA$2.80

kneat.com

7D

-0.4%

1Y

-27.6%

HMRK

CA$0.07

Highmark Interactive

7D

-12.5%

1Y

-85.1%

EKG

CA$0.01

CardioComm Solutions

7D

-33.3%

1Y

-66.7%

AVCR

CA$0.33

Avricore Health

7D

26.9%

1Y

135.7%

THNK

CA$0.39

Think Research

7D

5.4%

1Y

-71.1%

CDX

CA$0.14

Cloud DX

7D

-12.9%

1Y

-32.5%

ADK

CA$0.18

DIAGNOS

7D

2.8%

1Y

-58.0%

GEMS

CA$0.24

Infinity Stone Ventures

7D

9.1%

1Y

118.2%

CHS

CA$0.085

Comprehensive Healthcare Systems

7D

13.3%

1Y

-71.7%

VHI

CA$2.28

Vitalhub

7D

-1.3%

1Y

-29.2%

NARA

CA$0.20

Pangenomic Health

7D

0%

1Y

n/a

UDOC

CA$0.85

Unidoc Health

7D

-5.6%

1Y

n/a

TRUE

CA$0.06

Treatment.Com International

7D

-36.8%

1Y

-95.0%