Header cover image

Canadian (TSX) Healthtech Industry Analysis

UpdatedJun 17, 2024
DataAggregated Company Financials
Companies10
  • 7D3.5%
  • 3M16.8%
  • 1Y90.5%
  • YTDn/a

The Healthtech industry is up 3.5% in the last week, with Vitalhub up 7.3%. Meanwhile, Treatment.com AI actually underperformed within the industry, shrinking 17% in the last week. This means that the industry has gained 90% over the past year. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024CA$861.7mCA$120.3m-CA$22,078,482.6952.1x-39x7.2x
Thu, 16 May 2024CA$782.5mCA$131.1m-CA$24,717,558.6040.7x-31.7x6x
Sat, 13 Apr 2024CA$757.6mCA$226.9m-CA$50,594,148.3437.8x-15x3.3x
Mon, 11 Mar 2024CA$725.4mCA$223.9m-CA$51,686,225.3846.9x-14x3.2x
Wed, 07 Feb 2024CA$655.4mCA$220.8m-CA$49,807,844.2043.2x-13.2x3x
Fri, 05 Jan 2024CA$588.4mCA$221.3m-CA$74,800,026.0034.1x-7.9x2.7x
Sun, 03 Dec 2023CA$724.5mCA$221.8m-CA$77,806,411.0037.8x-9.3x3.3x
Tue, 31 Oct 2023CA$636.3mCA$215.0m-CA$82,277,350.00259.7x-7.7x3x
Thu, 28 Sep 2023CA$687.6mCA$213.8m-CA$84,099,507.00264.7x-8.2x3.2x
Sat, 26 Aug 2023CA$576.6mCA$196.7m-CA$81,710,229.00251.3x-7.1x2.9x
Mon, 24 Jul 2023CA$584.9mCA$190.0m-CA$79,609,612.00n/a-7.3x3.1x
Wed, 21 Jun 2023CA$548.1mCA$190.0m-CA$80,082,753.00n/a-6.8x2.9x
Fri, 19 May 2023CA$653.8mCA$204.5m-CA$91,192,736.00n/a-7.2x3.2x
Sun, 16 Apr 2023CA$662.8mCA$199.2m-CA$108,211,343.0093.7x-6.1x3.3x
Tue, 14 Mar 2023CA$672.4mCA$196.1m-CA$106,858,012.00115.1x-6.3x3.4x
Thu, 09 Feb 2023CA$679.7mCA$191.4m-CA$107,795,380.00128.9x-6.3x3.6x
Sat, 07 Jan 2023CA$684.3mCA$191.6m-CA$110,740,069.00122.8x-6.2x3.6x
Mon, 05 Dec 2022CA$697.4mCA$192.8m-CA$111,258,197.00105.4x-6.3x3.6x
Wed, 02 Nov 2022CA$662.8mCA$163.9m-CA$136,758,939.00304.9x-4.8x4x
Fri, 30 Sep 2022CA$666.4mCA$164.1m-CA$131,280,952.00306.2x-5.1x4.1x
Sun, 28 Aug 2022CA$752.4mCA$153.5m-CA$127,578,403.00347.1x-5.9x4.9x
Tue, 26 Jul 2022CA$714.9mCA$146.2m-CA$124,374,112.00959.6x-5.7x4.9x
Thu, 23 Jun 2022CA$630.6mCA$146.2m-CA$139,238,557.00520x-4.5x4.3x
Sat, 21 May 2022CA$737.9mCA$135.9m-CA$143,360,023.00733.5x-5.1x5.4x
Mon, 18 Apr 2022CA$885.3mCA$110.5m-CA$180,675,216.00502.9x-4.9x8x
Wed, 16 Mar 2022CA$836.9mCA$87.8m-CA$180,351,560.0013.8x-4.6x9.5x
Fri, 11 Feb 2022CA$959.5mCA$82.6m-CA$174,141,495.0014x-5.5x11.6x
Sun, 09 Jan 2022CA$1.1bCA$82.9m-CA$174,631,531.0011x-6.3x13.2x
Tue, 07 Dec 2021CA$1.1bCA$82.9m-CA$171,908,718.0011.8x-6.4x13.2x
Thu, 04 Nov 2021CA$1.1bCA$78.3m-CA$151,207,622.0014x-7.1x13.7x
Sat, 02 Oct 2021CA$1.1bCA$76.5m-CA$145,483,802.0014x-7.8x14.8x
Mon, 30 Aug 2021CA$1.1bCA$76.4m-CA$133,419,246.4011.8x-8.2x14.4x
Tue, 06 Jul 2021CA$1.1bCA$76.4m-CA$133,419,246.4011x-7.9x13.7x
Price to Earnings Ratio

-7.9x


Total Market Cap: CA$1.1bTotal Earnings: -CA$133,419,246.40Total Revenue: CA$76.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthtech Industry Price to Earnings3Y Average -8.5x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Health Care Technology industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 6.3x is lower than the industry's current PS ratio of 7.2x.
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 16% 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-2.35%
Healthcare-4.92%
Healthtech3.46%
Healthtech3.46%
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$7.726.0%
+CA$22.4m
182.8%PE68.8x
KSI kneat.comCA$4.261.2%
+CA$4.3m
60.2%PS9.8x
ADK DIAGNOSCA$0.328.6%
+CA$2.0m
-16.0%PS130.3x
CBP Certive SolutionsCA$0.02566.7%
+CA$1.8m
-28.6%PS2.5x
AIAI NetraMark HoldingsCA$0.293.5%
+CA$681.0k
-7.8%PS90.5x
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

TRUE

CA$0.36

Treatment.com AI

7D

-19.1%

1Y

-57.6%

NARA

CA$0.06

Pangenomic Health

7D

-25.0%

1Y

-88.0%

THNK

CA$0.31

Think Research

7D

-3.1%

1Y

-26.2%

UDOC

CA$0.48

Unidoc Health

7D

-2.0%

1Y

60.0%

NURS

CA$0.29

Hydreight Technologies

7D

-9.4%

1Y

-44.2%

ADK

CA$0.32

DIAGNOS

7D

8.6%

1Y

-16.0%

KOVO

CA$0.03

Kovo HealthTech

7D

20.0%

1Y

-72.7%

EKG

CA$0.01

CardioComm Solutions

7D

-50.0%

1Y

n/a

AIAI

CA$0.29

NetraMark Holdings

7D

3.5%

1Y

-7.8%

DMED

CA$0.03

Diagnamed Holdings

7D

-14.3%

1Y

-60.0%

VHI

CA$7.72

Vitalhub

7D

6.0%

1Y

182.8%

KSI

CA$4.26

kneat.com

7D

1.2%

1Y

60.2%

CBP

CA$0.025

Certive Solutions

7D

66.7%

1Y

-28.6%