Canadian (TSX) Healthtech Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies13
- 7D4.1%
- 3M31.8%
- 1Y25.5%
- YTDn/a
Over the last 7 days, the Healthtech industry has risen 1.5%, driven by gains from Vitalhub of 2.4%. In the last 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 17% per annum.
Industry Valuation and Performance
Has the Canadian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | CA$781.1m | CA$212.4m | -CA$50,147,477.34 | 46.4x | -15.6x | 3.7x |
| Sat, 16 Mar 2024 | CA$773.4m | CA$224.0m | -CA$51,709,475.77 | 54.9x | -15x | 3.5x |
| Mon, 12 Feb 2024 | CA$666.8m | CA$220.7m | -CA$49,780,303.55 | 44.2x | -13.4x | 3x |
| Wed, 10 Jan 2024 | CA$586.7m | CA$221.4m | -CA$74,824,246.00 | 35x | -7.8x | 2.7x |
| Fri, 08 Dec 2023 | CA$693.1m | CA$222.0m | -CA$77,868,543.00 | 35.4x | -8.9x | 3.1x |
| Sun, 05 Nov 2023 | CA$632.9m | CA$214.6m | -CA$82,177,074.00 | 260.6x | -7.7x | 2.9x |
| Tue, 03 Oct 2023 | CA$680.8m | CA$214.1m | -CA$84,207,571.00 | 267.8x | -8.1x | 3.2x |
| Thu, 31 Aug 2023 | CA$572.8m | CA$213.6m | -CA$78,951,422.00 | 248.6x | -7.3x | 2.7x |
| Sat, 29 Jul 2023 | CA$588.0m | CA$190.0m | -CA$79,392,844.00 | n/a | -7.4x | 3.1x |
| Mon, 26 Jun 2023 | CA$542.1m | CA$190.0m | -CA$80,076,797.00 | n/a | -6.8x | 2.9x |
| Wed, 24 May 2023 | CA$643.4m | CA$204.6m | -CA$90,157,551.00 | n/a | -7.1x | 3.1x |
| Fri, 21 Apr 2023 | CA$709.5m | CA$199.5m | -CA$108,247,501.00 | 91.9x | -6.6x | 3.6x |
| Sun, 19 Mar 2023 | CA$655.8m | CA$195.8m | -CA$108,934,011.00 | 116.5x | -6x | 3.3x |
| Tue, 14 Feb 2023 | CA$663.7m | CA$191.2m | -CA$107,757,218.00 | 127.6x | -6.2x | 3.5x |
| Thu, 12 Jan 2023 | CA$690.4m | CA$191.5m | -CA$110,730,691.00 | 126.5x | -6.2x | 3.6x |
| Sat, 10 Dec 2022 | CA$694.4m | CA$193.2m | -CA$111,341,009.00 | 110.4x | -6.2x | 3.6x |
| Mon, 07 Nov 2022 | CA$718.1m | CA$165.6m | -CA$135,646,878.00 | 300.9x | -5.3x | 4.3x |
| Wed, 05 Oct 2022 | CA$660.7m | CA$163.8m | -CA$130,931,510.00 | 308.8x | -5x | 4x |
| Fri, 02 Sep 2022 | CA$727.5m | CA$163.2m | -CA$130,282,266.00 | 339.9x | -5.6x | 4.5x |
| Sun, 31 Jul 2022 | CA$730.1m | CA$146.4m | -CA$125,975,875.00 | n/a | -5.8x | 5x |
| Tue, 28 Jun 2022 | CA$614.7m | CA$146.1m | -CA$139,239,263.00 | 438.9x | -4.4x | 4.2x |
| Thu, 26 May 2022 | CA$717.8m | CA$135.8m | -CA$143,356,849.00 | 733.9x | -5x | 5.3x |
| Sat, 23 Apr 2022 | CA$890.7m | CA$110.6m | -CA$180,674,204.00 | 483.6x | -4.9x | 8.1x |
| Mon, 21 Mar 2022 | CA$869.9m | CA$87.8m | -CA$180,351,560.00 | 13.8x | -4.8x | 9.9x |
| Wed, 16 Feb 2022 | CA$1.0b | CA$82.6m | -CA$178,136,821.00 | 14.2x | -5.7x | 12.2x |
| Fri, 14 Jan 2022 | CA$1.1b | CA$82.9m | -CA$174,631,531.00 | 10.7x | -6.3x | 13.2x |
| Sun, 12 Dec 2021 | CA$1.1b | CA$82.9m | -CA$171,908,718.00 | 12x | -6.2x | 13x |
| Tue, 09 Nov 2021 | CA$1.1b | CA$78.3m | -CA$151,233,600.00 | 14.6x | -7x | 13.5x |
| Thu, 07 Oct 2021 | CA$1.1b | CA$76.5m | -CA$145,457,258.00 | 14.6x | -7.5x | 14.3x |
| Sat, 04 Sep 2021 | CA$1.1b | CA$76.4m | -CA$133,419,246.40 | 10.7x | -8.5x | 14.8x |
| Mon, 02 Aug 2021 | CA$1.1b | CA$76.4m | -CA$133,419,246.40 | 10.3x | -8x | 14x |
| Thu, 06 May 2021 | CA$1.2b | CA$63.7m | -CA$120,378,932.00 | 10.7x | -9.9x | 18.7x |
Price to Earnings Ratio
-9.9x
Current Industry PE
- Investors are pessimistic on the Canadian Health Care Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Health Care Technology industry have improved over the last three years.
- Revenues for these companies have grown 49% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Canadian Healthtech compare with similar industries?
| CA Market | -2.09% | |
| Healthcare | -3.13% | |
| Healthtech | 4.14% | |
| Healthtech | 4.14% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VHI Vitalhub | CA$6.60 | 7.8% +CA$64.9m | 158.8% | PE73.4x | |
| KSI kneat.com | CA$3.75 | 1.4% +CA$4.3m | 39.9% | PS9.4x | |
| AIAI NetraMark Holdings | CA$0.34 | 12.5% +CA$2.5m | -15.6% | PS255.3x | |
| AVCR Avricore Health | CA$0.14 | 7.7% +CA$998.7k | -53.3% | PS4.5x | |
| KOVO Kovo HealthTech | CA$0.055 | 37.5% +CA$863.2k | -67.6% | PS0.2x |