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Nov 26
Swiss (SMI) Medical Equipment Industry Analysis
UpdatedNov 27, 2023
DataAggregated Company Financials
Companies5
- 7D3.3%
- 3M-3.4%
- 1Y6.5%
- YTD11.4%
Over the last 7 days, the Medical Equipment industry has risen 3.9%, driven by gains from Sonova Holding of 7.8%. In the last 12 months, the industry was up 4.4%. As for the next few years, earnings are expected to grow by 15% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 27 Nov 2023 | CHF38.1b | CHF7.5b | CHF1.2b | 48.9x | 32.9x | 5.1x |
| Wed, 25 Oct 2023 | CHF34.2b | CHF7.6b | CHF1.2b | 44.7x | 28.4x | 4.5x |
| Fri, 22 Sep 2023 | CHF37.1b | CHF7.5b | CHF1.2b | 53.1x | 30.8x | 4.9x |
| Sun, 20 Aug 2023 | CHF38.7b | CHF7.5b | CHF1.2b | 54.3x | 32.2x | 5.1x |
| Tue, 18 Jul 2023 | CHF40.7b | CHF7.6b | CHF1.3b | 51.8x | 32.1x | 5.3x |
| Thu, 15 Jun 2023 | CHF40.0b | CHF7.6b | CHF1.3b | 50.2x | 31.6x | 5.3x |
| Sat, 13 May 2023 | CHF43.6b | CHF7.5b | CHF1.3b | 52.4x | 34.4x | 5.8x |
| Mon, 10 Apr 2023 | CHF41.7b | CHF7.5b | CHF1.3b | 44.6x | 32.9x | 5.6x |
| Wed, 08 Mar 2023 | CHF38.8b | CHF7.5b | CHF1.2b | 43.9x | 32.8x | 5.2x |
| Fri, 03 Feb 2023 | CHF40.1b | CHF7.4b | CHF1.3b | 22.9x | 31.6x | 5.4x |
| Sun, 01 Jan 2023 | CHF33.9b | CHF7.4b | CHF1.3b | 20.9x | 26.8x | 4.6x |
| Tue, 29 Nov 2022 | CHF35.9b | CHF7.4b | CHF1.3b | 23x | 28.4x | 4.9x |
| Thu, 27 Oct 2022 | CHF34.5b | CHF7.1b | CHF1.3b | 22.9x | 27.2x | 4.8x |
| Sat, 24 Sep 2022 | CHF30.5b | CHF7.1b | CHF1.3b | 20.3x | 24x | 4.3x |
| Mon, 22 Aug 2022 | CHF39.0b | CHF7.1b | CHF1.3b | 26.5x | 30.6x | 5.5x |
| Wed, 20 Jul 2022 | CHF43.5b | CHF6.9b | CHF1.2b | 31.2x | 36.6x | 6.3x |
| Fri, 17 Jun 2022 | CHF36.8b | CHF6.9b | CHF1.2b | 27x | 30.9x | 5.3x |
| Sun, 15 May 2022 | CHF44.2b | CHF6.7b | CHF1.2b | 31.1x | 36.4x | 6.6x |
| Tue, 12 Apr 2022 | CHF48.6b | CHF6.6b | CHF1.2b | 34.8x | 40x | 7.3x |
| Thu, 10 Mar 2022 | CHF46.3b | CHF6.6b | CHF1.2b | 31x | 38.2x | 7x |
| Sat, 05 Feb 2022 | CHF48.2b | CHF6.3b | CHF1.2b | 40.3x | 41.6x | 7.6x |
| Mon, 03 Jan 2022 | CHF58.7b | CHF6.3b | CHF1.2b | 47.9x | 50.7x | 9.3x |
| Wed, 01 Dec 2021 | CHF58.0b | CHF5.9b | CHF1.1b | 37.8x | 51.3x | 9.8x |
| Fri, 29 Oct 2021 | CHF61.6b | CHF5.4b | CHF1.0b | 47.1x | 59.2x | 11.4x |
| Sun, 26 Sep 2021 | CHF57.2b | CHF5.4b | CHF1.0b | 44.3x | 54.9x | 10.6x |
| Tue, 24 Aug 2021 | CHF52.9b | CHF5.3b | CHF1.0b | 53.6x | 51.9x | 9.9x |
| Wed, 30 Jun 2021 | CHF48.8b | CHF5.3b | CHF1.0b | 49.1x | 47.8x | 9.1x |
| Sat, 03 Apr 2021 | CHF37.5b | CHF5.3b | CHF872.7m | 41.5x | 42.9x | 7.1x |
| Tue, 05 Jan 2021 | CHF33.3b | CHF5.2b | CHF601.2m | 45.3x | 55.4x | 6.5x |
Price to Earnings Ratio
72.3x
Current Industry PE
- Investors are pessimistic on the Swiss Healthcare 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 32.9x which is lower than its 3-year average PE of 40.4x.
- The 3-year average PS ratio of 6.7x is higher than the industry's current PS ratio of 5.1x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Swiss Medical Equipment compare with similar industries?
| CH Market | 1.00% | |
| Healthcare | 1.69% | |
| Medical Equipment | 2.96% | |
| Medical Equipment | 3.31% | |
| Medical Supplies | 2.60% | |
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 | |
|---|---|---|---|---|---|
| SOON Sonova Holding | CHF250.30 | 7.1% +CHF989.5m | 1.4% | PE24.9x | |
| STMN Straumann Holding | CHF122.15 | 1.2% +CHF239.0m | 11.7% | PE51.9x | |
| MOVE Medacta Group | CHF117.80 | 0.3% +CHF8.0m | 12.8% | PE48.9x | |
| METN Metall Zug | CHF1.40k | 1.1% +CHF6.7m | -28.6% | PE5x |
