Header cover image

Canadian (TSX) Healthtech Industry Analysis

UpdatedMay 30, 2023
DataAggregated Company Financials
Companies19
  • 7D-2.5%
  • 3M-13.0%
  • 1Y-20.6%
  • YTD-9.0%

Over the last 7 days, the Healthtech industry has dropped 1.2%, driven by a pullback from Xybion Digital of 32%. On the other hand EvokAI Creative Labs is actually up 7.0%. The industry has fallen 18% in the last year. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 May 2023CA$637.7mCA$204.8m-CA$90,084,163.00n/a-7.1x3.1x
Thu, 27 Apr 2023CA$710.0mCA$199.9m-CA$108,296,600.0094.8x-6.6x3.6x
Sat, 25 Mar 2023CA$669.0mCA$200.2m-CA$108,666,699.0098x-6.2x3.3x
Mon, 20 Feb 2023CA$688.3mCA$191.6m-CA$101,209,340.00126.6x-6.8x3.6x
Wed, 18 Jan 2023CA$686.8mCA$191.4m-CA$110,712,867.00124.6x-6.2x3.6x
Fri, 16 Dec 2022CA$679.0mCA$193.0m-CA$111,304,504.00115.9x-6.1x3.5x
Sun, 13 Nov 2022CA$725.6mCA$170.4m-CA$131,238,851.00111.8x-5.5x4.3x
Tue, 11 Oct 2022CA$623.8mCA$164.2m-CA$130,966,216.00315.4x-4.8x3.8x
Thu, 08 Sep 2022CA$713.1mCA$163.1m-CA$130,272,970.00336.4x-5.5x4.4x
Sat, 06 Aug 2022CA$716.3mCA$146.6m-CA$125,988,515.00n/a-5.7x4.9x
Mon, 04 Jul 2022CA$603.3mCA$146.2m-CA$139,238,793.00381.9x-4.3x4.1x
Wed, 01 Jun 2022CA$717.8mCA$142.2m-CA$138,330,383.00743.9x-5.2x5x
Fri, 29 Apr 2022CA$857.3mCA$110.9m-CA$180,224,657.00443.8x-4.8x7.7x
Sun, 27 Mar 2022CA$879.6mCA$87.8m-CA$180,351,560.0014x-4.9x10x
Tue, 22 Feb 2022CA$985.3mCA$82.6m-CA$178,136,821.0014.2x-5.5x11.9x
Thu, 20 Jan 2022CA$1.0bCA$82.9m-CA$174,631,531.0014.2x-5.9x12.4x
Sat, 18 Dec 2021CA$1.0bCA$82.9m-CA$171,908,718.009.5x-6.1x12.7x
Mon, 15 Nov 2021CA$1.0bCA$70.1m-CA$143,085,448.0013.5x-7.1x14.5x
Wed, 13 Oct 2021CA$1.1bCA$76.4m-CA$145,302,686.0014x-7.7x14.6x
Fri, 10 Sep 2021CA$1.2bCA$76.4m-CA$143,761,544.4012.5x-8.1x15.2x
Sun, 08 Aug 2021CA$1.1bCA$76.4m-CA$133,419,246.4010.3x-8x14x
Sat, 01 May 2021CA$1.2bCA$63.7m-CA$120,378,932.0010.7x-9.9x18.7x
Tue, 02 Feb 2021CA$706.8mCA$57.9m-CA$109,052,288.0022x-6.5x12.2x
Fri, 06 Nov 2020CA$323.4mCA$23.7m-CA$34,749,978.00n/a-9.3x13.6x
Mon, 10 Aug 2020CA$286.1mCA$31.8m-CA$43,237,380.00n/a-6.6x9x
Price to Earnings Ratio

-5.8x


Total Market Cap: CA$284.4mTotal Earnings: -CA$49,001,617.00Total Revenue: CA$21.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthtech Industry Price to Earnings3Y Average -6.8x202120222023
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 9.8x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Health Care Technology industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 111% 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 Comparison

How does Canadian Healthtech compare with similar industries?

CA Market-1.72%
Healthcare-1.42%
Healthtech-2.51%
Healthtech-2.51%
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
OKAI EvokAI Creative LabsCA$2.147.0%
+CA$9.3m		n/aPE-302x
NURS Hydreight TechnologiesCA$0.8431.3%
+CA$7.6m		n/aPS7.4x
CBP Certive SolutionsCA$0.05583.3%
+CA$4.0m		-21.4%PS5.4x
CSPN CareSpan HealthCA$0.0833.3%
+CA$1.0m		-67.3%PS0.5x
AIAI NetraMark HoldingsCA$0.394.0%
+CA$757.9k		16.4%PS155x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate Program
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

CBP

CA$0.055

Certive Solutions

7D

83.3%

1Y

-21.4%

THNK

CA$0.32

Think Research

7D

-5.9%

1Y

-54.3%

CDX

CA$0.09

Cloud DX

7D

-10.0%

1Y

-40.0%

KETA

CA$0.03

TripSitter Clinic

7D

20.0%

1Y

-40.0%

CRBK

CA$0.08

Carebook Technologies

7D

-5.9%

1Y

-38.5%

XYBN

CA$0.75

Xybion Digital

7D

-31.8%

1Y

-61.5%

ADK

CA$0.36

DIAGNOS

7D

-8.8%

1Y

92.1%

TRUE

CA$0.045

Treatment.Com International

7D

-30.8%

1Y

-87.1%

AIAI

CA$0.39

NetraMark Holdings

7D

4.0%

1Y

16.4%

OKAI

CA$2.14

EvokAI Creative Labs

7D

7.0%

1Y

n/a

AVCR

CA$0.28

Avricore Health

7D

-3.5%

1Y

111.5%

CSPN

CA$0.08

CareSpan Health

7D

33.3%

1Y

-67.3%

NURS

CA$0.84

Hydreight Technologies

7D

31.3%

1Y

n/a

NARA

CA$0.045

Pangenomic Health

7D

-30.8%

1Y

n/a

RHT

CA$0.61

Reliq Health Technologies

7D

-1.6%

1Y

1.7%

EMPH

CA$0.01

Empatho Holdings

7D

100.0%

1Y

-84.6%