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Canadian (TSX) Healthtech Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies14
  • 7D7.2%
  • 3M27.7%
  • 1Y13.6%
  • YTD29.3%

Over the last 7 days, the Healthtech industry has risen 7.2%, driven by gains from Vitalhub of 19%. In the last 12 months, the industry was up 14%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

Has the Canadian Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$771.4mCA$224.0m-CA$51,720,718.9554.9x-14.9x3.4x
Wed, 14 Feb 2024CA$653.4mCA$221.0m-CA$49,798,419.0744.2x-13.1x3x
Fri, 12 Jan 2024CA$599.2mCA$221.6m-CA$74,797,265.0035.9x-8x2.7x
Sun, 10 Dec 2023CA$690.1mCA$222.0m-CA$77,865,941.0036.3x-8.9x3.1x
Tue, 07 Nov 2023CA$632.9mCA$214.7m-CA$82,194,873.00260.6x-7.7x2.9x
Thu, 05 Oct 2023CA$670.9mCA$214.2m-CA$84,221,056.00266x-8x3.1x
Sat, 02 Sep 2023CA$575.6mCA$218.0m-CA$81,988,752.00248.6x-7x2.6x
Mon, 31 Jul 2023CA$591.2mCA$190.0m-CA$79,392,844.00n/a-7.4x3.1x
Wed, 28 Jun 2023CA$538.7mCA$190.0m-CA$80,075,285.00n/a-6.7x2.8x
Fri, 26 May 2023CA$622.7mCA$204.8m-CA$90,173,636.00n/a-6.9x3x
Sun, 23 Apr 2023CA$724.9mCA$199.6m-CA$108,266,468.0096.2x-6.7x3.6x
Tue, 21 Mar 2023CA$666.6mCA$195.8m-CA$108,924,781.00121.6x-6.1x3.4x
Thu, 16 Feb 2023CA$668.9mCA$191.3m-CA$107,762,175.00128x-6.2x3.5x
Sat, 14 Jan 2023CA$697.5mCA$191.4m-CA$110,706,975.00135.7x-6.3x3.6x
Mon, 12 Dec 2022CA$694.4mCA$193.2m-CA$111,341,009.00110.4x-6.2x3.6x
Wed, 09 Nov 2022CA$699.0mCA$165.5m-CA$132,015,196.00297x-5.3x4.2x
Fri, 07 Oct 2022CA$648.2mCA$164.1m-CA$130,962,173.00315.4x-4.9x3.9x
Sun, 04 Sep 2022CA$725.5mCA$163.1m-CA$130,266,358.00341.7x-5.6x4.4x
Tue, 02 Aug 2022CA$730.5mCA$146.4m-CA$125,976,885.00n/a-5.8x5x
Thu, 30 Jun 2022CA$605.9mCA$146.2m-CA$139,239,040.00382.6x-4.4x4.1x
Sat, 28 May 2022CA$718.2mCA$129.9m-CA$137,037,371.00686.1x-5.2x5.5x
Mon, 25 Apr 2022CA$890.7mCA$110.6m-CA$180,344,600.00483.6x-4.9x8.1x
Wed, 23 Mar 2022CA$869.9mCA$87.8m-CA$180,351,560.0013.8x-4.8x9.9x
Fri, 18 Feb 2022CA$977.1mCA$82.6m-CA$178,136,821.0014.2x-5.5x11.8x
Sun, 16 Jan 2022CA$1.1bCA$82.9m-CA$174,631,531.0011x-6.2x13x
Tue, 14 Dec 2021CA$1.1bCA$82.9m-CA$171,908,718.0012x-6.2x12.8x
Thu, 11 Nov 2021CA$1.0bCA$78.3m-CA$151,227,935.0014.2x-6.8x13.2x
Sat, 09 Oct 2021CA$1.1bCA$76.4m-CA$145,318,143.0014.4x-7.6x14.5x
Mon, 06 Sep 2021CA$1.2bCA$76.4m-CA$143,761,544.4010.7x-8.1x15.3x
Wed, 04 Aug 2021CA$1.0bCA$76.4m-CA$133,419,246.4010.3x-7.9x13.7x
Sat, 08 May 2021CA$1.2bCA$63.7m-CA$120,378,932.0010.7x-9.9x18.7x
Price to Earnings Ratio

-7.2x


Total Market Cap: CA$843.6mTotal Earnings: -CA$117,093,577.00Total Revenue: CA$63.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthtech Industry Price to Earnings3Y Average -7.1x202220232024
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 7.3x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have improved over the last three years.
  • Revenues for these companies have grown 52% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the Canadian Healthcare industry?

CA Market0.35%
Healthcare8.01%
Healthtech7.23%
Healthtech7.23%
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
VHI VitalhubCA$6.7524.5%
+CA$58.7m
155.7%PE90.6x
UDOC Unidoc HealthCA$0.7052.2%
+CA$3.3m
-6.7%n/a
TRUE Treatment.com AICA$0.570%
CA$1.1m
26.7%PE-14x
DMED Diagnamed HoldingsCA$0.0620.0%
+CA$800.5k
0%PB17.4x
CHS Comprehensive Healthcare SystemsCA$0.01550.0%
+CA$620.1k
-81.3%PS0.3x
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Latest News

TRUE

CA$0.57

Treatment.com AI

7D

0%

1Y

26.7%

VHI

CA$6.75

Vitalhub

7D

24.5%

1Y

155.7%

EKG

CA$0.005

CardioComm Solutions

7D

-50.0%

1Y

-75.0%

KSI

CA$3.65

kneat.com

7D

-1.4%

1Y

36.7%

CHS

CA$0.015

Comprehensive Healthcare Systems

7D

50.0%

1Y

-81.3%

ADK

CA$0.27

DIAGNOS

7D

-1.8%

1Y

-25.0%

AIAI

CA$0.33

NetraMark Holdings

7D

1.5%

1Y

-17.5%

UDOC

CA$0.70

Unidoc Health

7D

52.2%

1Y

-6.7%

THNK

CA$0.32

Think Research

7D

1.6%

1Y

-33.0%

CDX

CA$0.09

Cloud DX

7D

-5.3%

1Y

-40.0%

DMED

CA$0.06

Diagnamed Holdings

7D

20.0%

1Y

0%

NDAT

CA$0.15

nDatalyze

7D

7.1%

1Y

0%