A Look At The Fair Value Of Alcon Inc. (VTX:ALC)
Jul 13
Swiss (SMI) Medical Equipment Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies10
- 7D0.9%
- 3M2.7%
- 1Y1.5%
- YTD8.5%
The Medical Equipment industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Sat, 27 Jul 2024 | CHF 84.9b | CHF 17.1b | CHF 1.9b | 43.9x | 43.7x | 5x |
| Mon, 24 Jun 2024 | CHF 83.2b | CHF 17.2b | CHF 2.0b | 48.5x | 42.5x | 4.8x |
| Wed, 22 May 2024 | CHF 85.4b | CHF 17.3b | CHF 2.0b | 46.5x | 43.3x | 4.9x |
| Fri, 19 Apr 2024 | CHF 82.2b | CHF 17.3b | CHF 1.9b | 43.9x | 43.2x | 4.8x |
| Sun, 17 Mar 2024 | CHF 86.4b | CHF 17.0b | CHF 1.9b | 48.5x | 46.1x | 5.1x |
| Tue, 13 Feb 2024 | CHF 82.8b | CHF 16.7b | CHF 1.7b | 56.7x | 50x | 5x |
| Thu, 11 Jan 2024 | CHF 80.7b | CHF 16.5b | CHF 1.6b | 53.6x | 49.1x | 4.9x |
| Sat, 09 Dec 2023 | CHF 74.8b | CHF 16.8b | CHF 1.7b | 48.5x | 45.2x | 4.5x |
| Mon, 06 Nov 2023 | CHF 72.9b | CHF 16.9b | CHF 1.6b | 47.1x | 45.2x | 4.3x |
| Wed, 04 Oct 2023 | CHF 74.5b | CHF 17.0b | CHF 1.6b | 47.8x | 46.1x | 4.4x |
| Fri, 01 Sep 2023 | CHF 81.2b | CHF 16.7b | CHF 1.6b | 55.9x | 50.7x | 4.9x |
| Sun, 30 Jul 2023 | CHF 83.1b | CHF 16.4b | CHF 1.6b | 52.6x | 50.5x | 5.1x |
| Tue, 27 Jun 2023 | CHF 80.5b | CHF 16.7b | CHF 1.7b | 50.7x | 48.6x | 4.8x |
| Thu, 25 May 2023 | CHF 78.5b | CHF 16.7b | CHF 1.6b | 48.1x | 47.9x | 4.7x |
| Sat, 22 Apr 2023 | CHF 79.9b | CHF 16.3b | CHF 1.6b | 50.6x | 49.1x | 4.9x |
| Mon, 20 Mar 2023 | CHF 72.7b | CHF 16.6b | CHF 1.6b | 45.4x | 44.3x | 4.4x |
| Wed, 15 Feb 2023 | CHF 76.1b | CHF 16.5b | CHF 1.9b | 36.6x | 41x | 4.6x |
| Fri, 13 Jan 2023 | CHF 73.2b | CHF 16.5b | CHF 1.9b | 37.6x | 39.3x | 4.4x |
| Sun, 11 Dec 2022 | CHF 71.4b | CHF 16.6b | CHF 1.9b | 35.6x | 38.3x | 4.3x |
| Tue, 08 Nov 2022 | CHF 64.8b | CHF 16.8b | CHF 1.8b | 31.8x | 36.5x | 3.9x |
| Thu, 06 Oct 2022 | CHF 65.7b | CHF 16.7b | CHF 1.8b | 31.7x | 37x | 3.9x |
| Sat, 03 Sep 2022 | CHF 72.7b | CHF 16.6b | CHF 1.8b | 34.5x | 40.9x | 4.4x |
| Mon, 01 Aug 2022 | CHF 85.0b | CHF 16.1b | CHF 1.7b | 38.8x | 50.2x | 5.3x |
| Wed, 29 Jun 2022 | CHF 76.0b | CHF 16.1b | CHF 1.7b | 37.7x | 44.7x | 4.7x |
| Fri, 27 May 2022 | CHF 79.3b | CHF 16.1b | CHF 1.7b | 40.6x | 47.1x | 4.9x |
| Sun, 24 Apr 2022 | CHF 87.2b | CHF 15.6b | CHF 1.6b | 41.8x | 53.7x | 5.6x |
| Tue, 22 Mar 2022 | CHF 90.1b | CHF 15.4b | CHF 1.6b | 45.5x | 55.8x | 5.9x |
| Thu, 17 Feb 2022 | CHF 89.2b | CHF 15.0b | CHF 1.6b | 46.6x | 57x | 6x |
| Sat, 15 Jan 2022 | CHF 90.9b | CHF 14.7b | CHF 1.5b | 51.6x | 59.8x | 6.2x |
| Mon, 13 Dec 2021 | CHF 101.6b | CHF 14.7b | CHF 1.5b | 67.6x | 67.5x | 6.9x |
| Wed, 10 Nov 2021 | CHF 106.2b | CHF 13.5b | CHF 1.3b | 54.3x | 83.8x | 7.8x |
| Fri, 08 Oct 2021 | CHF 94.2b | CHF 13.6b | CHF 1.3b | 45.5x | 74.2x | 6.9x |
| Sun, 05 Sep 2021 | CHF 97.2b | CHF 13.6b | CHF 1.2b | 71.3x | 77.9x | 7.2x |
| Tue, 03 Aug 2021 | CHF 90.1b | CHF 13.6b | CHF 1.2b | 64.5x | 72.3x | 6.6x |
Price to Earnings Ratio
72.3x
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 43.7x which is lower than its 3-year average PE of 50.3x.
- The industry is trading close to its 3-year average PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 8.0% 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 | -1.02% | |
| Healthcare | 0.96% | |
| Medical Equipment | 0.92% | |
| Medical Supplies | 2.91% | |
| Medical Equipment | -1.39% | |
Industry PE
- Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 89.8x.
- Analysts are expecting annual earnings growth of 12.2%, which is lower than the prior year's growth of 43.9% per year.
- Investors are most pessimistic about the Medical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 37.7x.
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 25% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 12% 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 81.98 | 2.5% +CHF 998.7m | 10.8% | PE43.8x | |
| SOON Sonova Holding | CHF 264.20 | 0.6% +CHF 101.3m | 9.3% | PE26.2x | |
| YPSN Ypsomed Holding | CHF 398.00 | 1.5% +CHF 81.9m | 54.6% | PE69.3x | |
| MOVE Medacta Group | CHF 124.60 | 3.0% +CHF 71.7m | 0.2% | PE54.7x | |
| MED Medartis Holding | CHF 73.50 | 5.8% +CHF 54.3m | -9.3% | PE1612.6x |
