Canadian (TSX) Medical Equipment Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies12
- 7D1.0%
- 3M-4.5%
- 1Y-26.7%
- YTDn/a
The Medical Equipment industry is up 1.5% in the last week, with Nanalysis Scientific up 23%. During this same period, the NuGen Medical Devices underperformed, falling 15%. In contrast, the industry has lost 27% in the last 12 months. Earnings are forecast to grow by 67% annually.
Industry Valuation and Performance
Has the Canadian Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | CA$661.9m | CA$239.4m | -CA$95,561,992.43 | 0.7x | -6.9x | 2.8x |
| Sat, 23 Mar 2024 | CA$675.7m | CA$231.1m | -CA$96,448,229.08 | n/a | -7x | 2.9x |
| Mon, 19 Feb 2024 | CA$715.5m | CA$228.4m | -CA$102,603,400.69 | n/a | -7x | 3.1x |
| Wed, 17 Jan 2024 | CA$1.2b | CA$282.0m | -CA$180,912,610.00 | n/a | -6.4x | 4.1x |
| Fri, 15 Dec 2023 | CA$1.2b | CA$281.2m | -CA$179,691,983.00 | n/a | -6.5x | 4.2x |
| Sun, 12 Nov 2023 | CA$1.1b | CA$270.7m | -CA$192,501,208.00 | 222.3x | -5.9x | 4.2x |
| Tue, 10 Oct 2023 | CA$1.1b | CA$269.2m | -CA$205,554,773.00 | 186.4x | -5.2x | 3.9x |
| Thu, 07 Sep 2023 | CA$1.1b | CA$269.0m | -CA$205,451,106.00 | 217.5x | -5.2x | 4x |
| Sat, 05 Aug 2023 | CA$1.1b | CA$237.5m | -CA$233,723,707.00 | 111.8x | -4.8x | 4.7x |
| Mon, 03 Jul 2023 | CA$1.2b | CA$233.3m | -CA$236,958,018.00 | 111.9x | -4.9x | 5x |
| Wed, 31 May 2023 | CA$1.2b | CA$253.7m | -CA$225,439,561.00 | 115.6x | -5.2x | 4.7x |
| Fri, 28 Apr 2023 | CA$1.2b | CA$246.1m | -CA$225,920,267.00 | 93.5x | -5.2x | 4.8x |
| Sun, 26 Mar 2023 | CA$1.1b | CA$236.0m | -CA$214,367,798.00 | 91.9x | -5.1x | 4.7x |
| Tue, 21 Feb 2023 | CA$1.3b | CA$233.3m | -CA$205,568,864.00 | 99.8x | -6.3x | 5.5x |
| Thu, 19 Jan 2023 | CA$1.4b | CA$233.6m | -CA$210,205,297.00 | 94.7x | -6.9x | 6.2x |
| Sat, 17 Dec 2022 | CA$1.3b | CA$228.3m | -CA$213,632,889.00 | 102.4x | -5.9x | 5.5x |
| Mon, 14 Nov 2022 | CA$1.1b | CA$218.8m | -CA$217,346,469.00 | 82.2x | -5.2x | 5.2x |
| Wed, 12 Oct 2022 | CA$1.2b | CA$227.5m | -CA$215,453,305.00 | 90.2x | -5.4x | 5.1x |
| Fri, 09 Sep 2022 | CA$1.3b | CA$221.5m | -CA$209,254,551.00 | 84.5x | -6x | 5.7x |
| Sun, 07 Aug 2022 | CA$1.4b | CA$236.1m | -CA$215,007,248.00 | 81.9x | -6.6x | 6x |
| Tue, 05 Jul 2022 | CA$1.4b | CA$226.1m | -CA$211,906,330.00 | 82.3x | -6.5x | 6.1x |
| Thu, 02 Jun 2022 | CA$1.4b | CA$221.9m | -CA$210,326,304.00 | 78.5x | -6.9x | 6.5x |
| Sat, 30 Apr 2022 | CA$1.4b | CA$189.6m | -CA$185,200,613.00 | 79.4x | -7.7x | 7.6x |
| Mon, 28 Mar 2022 | CA$1.7b | CA$156.3m | -CA$158,497,238.00 | 79.9x | -10.6x | 10.8x |
| Wed, 23 Feb 2022 | CA$1.6b | CA$185.6m | -CA$212,880,113.00 | 85.4x | -7.6x | 8.7x |
| Fri, 21 Jan 2022 | CA$1.7b | CA$182.5m | -CA$204,862,492.00 | 94.8x | -8.1x | 9x |
| Sun, 19 Dec 2021 | CA$1.9b | CA$180.8m | -CA$203,762,004.00 | 88.5x | -9.3x | 10.5x |
| Tue, 16 Nov 2021 | CA$2.0b | CA$172.0m | -CA$218,575,957.00 | 337.9x | -9x | 11.4x |
| Thu, 14 Oct 2021 | CA$2.0b | CA$167.1m | -CA$210,908,516.00 | 293x | -9.4x | 11.9x |
| Sat, 11 Sep 2021 | CA$2.1b | CA$166.0m | -CA$212,779,288.83 | 275.4x | -9.8x | 12.6x |
| Mon, 09 Aug 2021 | CA$2.1b | CA$166.0m | -CA$212,779,288.83 | 274.7x | -10x | 12.9x |
| Sun, 02 May 2021 | CA$2.0b | CA$151.3m | -CA$190,007,029.99 | 145.9x | -10.8x | 13.5x |
Price to Earnings Ratio
-10.8x
Current Industry PE
- Investors are pessimistic on the Canadian Healthcare Equipment 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 2.8x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment 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 Medical Equipment compare with similar industries?
| CA Market | 0.68% | |
| Healthcare | -2.35% | |
| Medical Equipment | 0.58% | |
| Medical Equipment | 1.00% | |
| Medical Supplies | -0.82% | |
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 | |
|---|---|---|---|---|---|
| NSCI Nanalysis Scientific | CA$0.45 | 21.9% +CA$9.0m | -27.0% | PS1.9x | |
| MDX MedX Health | CA$0.09 | 28.6% +CA$5.2m | 5.9% | PS39.1x | |
| PRN Profound Medical | CA$10.80 | 1.0% +CA$2.7m | -27.5% | PS26.7x | |
| OPS Opsens | CA$2.90 | 0.7% +CA$2.3m | 55.1% | PS6.9x | |
| HTL Hamilton Thorne | CA$1.36 | 0.7% +CA$1.5m | -17.6% | PS2.3x |