The Price Is Right For Medacta Group SA (VTX:MOVE)
Nov 22
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Swiss (SMI) Medical Equipment Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies10
- 7D0.7%
- 3M-6.1%
- 1Y10.4%
- YTD6.7%
In the last week, Medical Equipment has been flat. The past year has been better, since the industry has gained 10% in that time. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Swiss Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | CHF 83.6b | CHF 17.6b | CHF 2.1b | 36.5x | 39.5x | 4.7x |
| Tue, 22 Oct 2024 | CHF 90.5b | CHF 17.1b | CHF 2.1b | 42.4x | 43.6x | 5.3x |
| Thu, 19 Sep 2024 | CHF 88.5b | CHF 16.9b | CHF 2.0b | 43.2x | 43.3x | 5.2x |
| Sat, 17 Aug 2024 | CHF 88.6b | CHF 17.0b | CHF 2.0b | 44.8x | 44.6x | 5.2x |
| Mon, 15 Jul 2024 | CHF 86.7b | CHF 17.2b | CHF 2.0b | 48.5x | 44.3x | 5x |
| Wed, 12 Jun 2024 | CHF 86.1b | CHF 17.2b | CHF 2.0b | 48.4x | 43.9x | 5x |
| Fri, 10 May 2024 | CHF 80.7b | CHF 17.2b | CHF 1.9b | 45.3x | 42.4x | 4.7x |
| Sun, 07 Apr 2024 | CHF 85.3b | CHF 17.2b | CHF 1.9b | 46.6x | 45.1x | 5x |
| Tue, 05 Mar 2024 | CHF 87.3b | CHF 17.0b | CHF 2.0b | 43.5x | 44x | 5.1x |
| Thu, 01 Feb 2024 | CHF 79.6b | CHF 16.6b | CHF 1.6b | 55.8x | 48.3x | 4.8x |
| Sat, 30 Dec 2023 | CHF 80.2b | CHF 16.4b | CHF 1.6b | 54.2x | 48.9x | 4.9x |
| Mon, 27 Nov 2023 | CHF 75.5b | CHF 16.8b | CHF 1.7b | 48.9x | 45.5x | 4.5x |
| Wed, 25 Oct 2023 | CHF 71.2b | CHF 16.8b | CHF 1.6b | 44.7x | 44.2x | 4.2x |
| Fri, 22 Sep 2023 | CHF 77.5b | CHF 16.9b | CHF 1.6b | 53.1x | 48.1x | 4.6x |
| Sun, 20 Aug 2023 | CHF 79.4b | CHF 16.7b | CHF 1.6b | 54.3x | 49.6x | 4.8x |
| Tue, 18 Jul 2023 | CHF 81.7b | CHF 16.3b | CHF 1.6b | 51.8x | 49.7x | 5x |
| Thu, 15 Jun 2023 | CHF 80.6b | CHF 16.7b | CHF 1.7b | 50.2x | 48.7x | 4.8x |
| Sat, 13 May 2023 | CHF 83.2b | CHF 16.5b | CHF 1.6b | 52.4x | 50.9x | 5x |
| Mon, 10 Apr 2023 | CHF 77.6b | CHF 16.5b | CHF 1.6b | 44.6x | 47.5x | 4.7x |
| Wed, 08 Mar 2023 | CHF 73.7b | CHF 16.8b | CHF 1.6b | 43.9x | 47.2x | 4.4x |
| Fri, 03 Feb 2023 | CHF 78.8b | CHF 16.4b | CHF 1.9b | 35.3x | 42.6x | 4.8x |
| Sun, 01 Jan 2023 | CHF 69.0b | CHF 16.5b | CHF 1.9b | 34.4x | 37.1x | 4.2x |
| Tue, 29 Nov 2022 | CHF 72.1b | CHF 16.7b | CHF 1.9b | 35.7x | 38.5x | 4.3x |
| Thu, 27 Oct 2022 | CHF 68.3b | CHF 16.7b | CHF 1.8b | 33.1x | 38.5x | 4.1x |
| Sat, 24 Sep 2022 | CHF 62.5b | CHF 16.7b | CHF 1.8b | 29x | 35.3x | 3.8x |
| Mon, 22 Aug 2022 | CHF 75.2b | CHF 16.4b | CHF 1.8b | 37.1x | 42.6x | 4.6x |
| Wed, 20 Jul 2022 | CHF 81.3b | CHF 16.3b | CHF 1.7b | 37.1x | 47.6x | 5x |
| Fri, 17 Jun 2022 | CHF 71.0b | CHF 16.2b | CHF 1.7b | 37.8x | 41.7x | 4.4x |
| Sun, 15 May 2022 | CHF 82.8b | CHF 16.2b | CHF 1.7b | 41x | 48x | 5.1x |
| Tue, 12 Apr 2022 | CHF 89.8b | CHF 15.4b | CHF 1.6b | 41.1x | 55.6x | 5.8x |
| Thu, 10 Mar 2022 | CHF 84.5b | CHF 15.3b | CHF 1.6b | 34.8x | 52.2x | 5.5x |
| Sat, 05 Feb 2022 | CHF 87.5b | CHF 14.8b | CHF 1.5b | 48.4x | 57.3x | 5.9x |
| Mon, 03 Jan 2022 | CHF 103.2b | CHF 14.7b | CHF 1.5b | 56.9x | 67.9x | 7x |
| Wed, 01 Dec 2021 | CHF 98.0b | CHF 14.4b | CHF 1.5b | 43.4x | 65.5x | 6.8x |
Price to Earnings Ratio
65.5x
Current Industry PE
- Investors are pessimistic on the Swiss Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 39.5x which is lower than its 3-year average PE of 46.8x.
- The industry is trading close to its 3-year average PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 7.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swiss Healthcare industry?
| CH Market | 0.61% | |
| Healthcare | 0.83% | |
| Medical Equipment | 0.66% | |
| Medical Supplies | 1.61% | |
| Medical Equipment | -0.35% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 36.4x.
- Analysts are expecting annual earnings growth of 16.5%, which is higher than its past year's earnings decline of 16.5% per year.
- Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 76.1x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ALC Alcon | CHF 76.68 | 2.1% +CHF 771.6m | 18.6% | PE36.5x | |
| STMN Straumann Holding | CHF 111.50 | 0.6% +CHF 111.6m | -8.7% | PE61.8x | |
| MED Medartis Holding | CHF 50.80 | 2.6% +CHF 17.7m | -25.8% | PE171.3x | |
| VBSN IVF Hartmann Holding | CHF 151.00 | 2.0% +CHF 7.1m | 41.1% | PE20.4x | |
| CLTN COLTENE Holding | CHF 50.60 | 1.2% +CHF 3.6m | -22.2% | PE24.5x |
