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Canadian (TSX) Healthtech Industry Analysis

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies14
  • 7D7.3%
  • 3M27.9%
  • 1Y11.7%
  • YTDn/a

In the last week, the Healthtech industry is up 7.2%, with Vitalhub up 21%. 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
Tue, 19 Mar 2024CA$764.1mCA$224.0m-CA$51,720,436.7253.8x-14.8x3.4x
Thu, 15 Feb 2024CA$653.4mCA$220.9m-CA$49,833,041.3544.7x-13.1x3x
Sat, 13 Jan 2024CA$608.9mCA$221.5m-CA$74,777,075.0036x-8.1x2.7x
Mon, 11 Dec 2023CA$690.1mCA$222.0m-CA$77,865,941.0036.3x-8.9x3.1x
Wed, 08 Nov 2023CA$641.8mCA$214.8m-CA$82,239,600.00260.6x-7.8x3x
Fri, 06 Oct 2023CA$679.3mCA$214.3m-CA$84,251,470.00264.2x-8.1x3.2x
Sun, 03 Sep 2023CA$575.6mCA$218.2m-CA$82,005,588.00248.6x-7x2.6x
Tue, 01 Aug 2023CA$585.9mCA$189.9m-CA$79,385,361.00n/a-7.4x3.1x
Thu, 29 Jun 2023CA$549.7mCA$190.1m-CA$80,086,427.00n/a-6.9x2.9x
Sat, 27 May 2023CA$646.2mCA$204.9m-CA$90,176,809.00n/a-7.2x3.2x
Mon, 24 Apr 2023CA$724.9mCA$199.6m-CA$108,266,468.0096.2x-6.7x3.6x
Wed, 22 Mar 2023CA$665.1mCA$195.7m-CA$108,923,802.00121.6x-6.1x3.4x
Fri, 17 Feb 2023CA$674.4mCA$191.5m-CA$107,805,434.00128.5x-6.3x3.5x
Sun, 15 Jan 2023CA$697.5mCA$191.4m-CA$110,711,988.00135.7x-6.3x3.6x
Tue, 13 Dec 2022CA$682.9mCA$193.2m-CA$111,341,645.00112.7x-6.1x3.5x
Thu, 10 Nov 2022CA$723.1mCA$165.5m-CA$132,009,037.00290.4x-5.5x4.4x
Sat, 08 Oct 2022CA$623.8mCA$164.1m-CA$130,955,145.00315.4x-4.8x3.8x
Mon, 05 Sep 2022CA$725.5mCA$163.1m-CA$130,266,358.00341.7x-5.6x4.4x
Wed, 03 Aug 2022CA$744.2mCA$146.4m-CA$125,979,513.00n/a-5.9x5.1x
Fri, 01 Jul 2022CA$603.3mCA$146.1m-CA$139,239,197.00383x-4.3x4.1x
Sun, 29 May 2022CA$718.2mCA$129.9m-CA$137,037,371.00686.1x-5.2x5.5x
Tue, 26 Apr 2022CA$875.7mCA$110.8m-CA$180,343,756.00480.9x-4.9x7.9x
Thu, 24 Mar 2022CA$889.9mCA$87.8m-CA$180,351,560.0014x-4.9x10.1x
Sat, 19 Feb 2022CA$984.4mCA$82.6m-CA$178,136,821.0014.2x-5.5x11.9x
Mon, 17 Jan 2022CA$1.1bCA$82.9m-CA$174,631,531.0011x-6.2x13x
Wed, 15 Dec 2021CA$1.1bCA$82.9m-CA$171,908,718.0012x-6.2x12.9x
Fri, 12 Nov 2021CA$1.0bCA$80.1m-CA$152,523,585.0014.2x-6.8x12.9x
Sun, 10 Oct 2021CA$1.1bCA$76.4m-CA$145,318,143.0014.4x-7.7x14.6x
Tue, 07 Sep 2021CA$1.2bCA$76.4m-CA$143,761,544.4011.4x-8.1x15.2x
Thu, 05 Aug 2021CA$1.1bCA$76.4m-CA$133,419,246.4010.7x-8.1x14.1x
Sun, 09 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 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 7.3x is higher than the industry's current PS ratio of 3.4x.
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 52% 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 Market0.24%
Healthcare13.73%
Healthtech7.31%
Healthtech7.31%
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$6.5621.0%
+CA$50.4m
148.5%PE88x
UDOC Unidoc HealthCA$0.7052.2%
+CA$3.3m
-6.7%n/a
CHS Comprehensive Healthcare SystemsCA$0.03200.0%
+CA$2.5m
-62.5%PS0.7x
CRBK Carebook TechnologiesCA$0.0833.3%
+CA$2.5m
-11.1%PS0.9x
DMED Diagnamed HoldingsCA$0.06530.0%
+CA$1.2m
8.3%PB18.9x
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Latest News

TRUE

CA$0.57

Treatment.com AI

7D

0%

1Y

26.7%

VHI

CA$6.56

Vitalhub

7D

21.0%

1Y

148.5%

KSI

CA$3.66

kneat.com

7D

-1.1%

1Y

37.1%

CHS

CA$0.03

Comprehensive Healthcare Systems

7D

200.0%

1Y

-62.5%

ADK

CA$0.27

DIAGNOS

7D

-3.6%

1Y

-26.4%

AIAI

CA$0.34

NetraMark Holdings

7D

3.1%

1Y

-16.3%

UDOC

CA$0.70

Unidoc Health

7D

52.2%

1Y

-6.7%

CDX

CA$0.09

Cloud DX

7D

-5.3%

1Y

-40.0%

DMED

CA$0.065

Diagnamed Holdings

7D

30.0%

1Y

8.3%

CRBK

CA$0.08

Carebook Technologies

7D

33.3%

1Y

-11.1%

NURS

CA$0.29

Hydreight Technologies

7D

-4.9%

1Y

-45.3%