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German (DAX) Healthcare Sector Analysis
UpdatedJan 20, 2022
DataAggregated Company Financials
Companies62
- 7D-4.1%
- 3M-7.9%
- 1Y12.0%
- YTD-9.1%
Over the last 7 days, the Healthcare industry has dropped 4.1%, driven by a decline by MERCK Kommanditgesellschaft auf Aktien of 5.5%. Meanwhile, Fresenius Medical Care KGaA actually outperformed within the industry, gaining 5.6% in the last week. This takes the industry's 12 month performance to a gain of 11%.
Sector Valuation and Performance
Has the German Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 20 Jan 2022 | €319.6b | €175.4b | €9.3b | 26.1x |
| Sat, 18 Dec 2021 | €343.4b | €158.7b | €9.3b | 28.7x |
| Mon, 15 Nov 2021 | €344.6b | €158.4b | €9.1b | 29.9x |
| Wed, 13 Oct 2021 | €324.4b | €154.3b | -€112,450,321,189.00 | 28x |
| Fri, 10 Sep 2021 | €348.9b | €171.3b | €1.3b | 30.2x |
| Sun, 08 Aug 2021 | €331.3b | €171.3b | €1.3b | 29.7x |
| Sat, 01 May 2021 | €296.7b | €166.5b | -€7,050,323,136.33 | 27.9x |
| Tue, 02 Feb 2021 | €273.6b | €163.2b | -€8,352,894,314.56 | 30.1x |
| Fri, 06 Nov 2020 | €236.4b | €162.9b | -€12,230,789,182.71 | 32.1x |
| Mon, 10 Aug 2020 | €252.2b | €163.5b | -€4,045,464,862.19 | 33.3x |
| Sun, 03 May 2020 | €243.3b | €163.6b | €6.1b | 32.2x |
| Wed, 05 Feb 2020 | €263.7b | €159.9b | €8.6b | 30x |
| Sat, 09 Nov 2019 | €242.6b | €157.6b | €5.1b | 30.7x |
| Fri, 02 Aug 2019 | €227.5b | €154.9b | €6.6b | 29.8x |
| Mon, 06 May 2019 | €231.7b | €150.9b | €7.6b | 32.4x |
| Thu, 07 Feb 2019 | €222.4b | €151.0b | €8.2b | 30.5x |
PE Ratio
30.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 30.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Healthcare industry have grown 4.1% per year over the last three years, and revenues for these companies have grown 5.1% 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 German Healthcare sector?
| Healthcare Services | 1.37% | |
| Pharma | -3.37% | |
| Healthtech | -3.82% | |
| Biotech | -4.34% | |
| Life Sciences | -6.61% | |
| Medical Equipment | -6.98% | |
Industry PE: Investors are most optimistic about the Healthtech industry which is trading above its 3-year average PE ratio of 34.0x. This is likely because analysts are expecting annual earnings growth of 15%, which is higher than its past year's earnings growth of 8.3% per year. Meanwhile, investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 25.9x.
Forecasted Growth: Analysts are most optimistic on the Biotech industry, expecting annual earnings growth of 55% over the next 5 years. Meanwhile, the Life Sciences industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| BAYN Bayer | €52.12 | 1.9% +€962.8m | -2.9% | PE230.7x | |
| FME Fresenius Medical Care KGaA | €59.82 | 4.2% +€703.2m | -13.0% | PE19.1x | |
| FRE Fresenius SE KGaA | €37.12 | 1.2% +€242.9m | -4.4% | PE12x | |
| PHH2 Paul Hartmann | €337.00 | 0.9% +€10.7m | -16.6% | PE11.7x | |
| CDZ0 MHP Hotel | €1.70 | 10.4% +€6.3m | 53.2% | n/a |
