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Apr 12
German (DAX) Healthcare Services Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies14
- 7D7.2%
- 3M4.8%
- 1Y1.9%
- YTD-1.2%
Over the last 7 days, the Healthcare Services industry has risen 7.2%, driven by gains from Fresenius Medical Care of 14%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the German Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | €31.5b | €49.4b | €987.0m | 23.5x | 31.9x | 0.6x |
| Fri, 22 Mar 2024 | €28.4b | €49.4b | €1.0b | 20.9x | 27.1x | 0.6x |
| Sun, 18 Feb 2024 | €30.7b | €68.7b | €1.6b | 20.3x | 19.3x | 0.4x |
| Tue, 16 Jan 2024 | €35.2b | €78.1b | €1.5b | 19.4x | 22.8x | 0.5x |
| Thu, 14 Dec 2023 | €36.4b | €78.1b | €1.5b | 19.8x | 23.6x | 0.5x |
| Sat, 11 Nov 2023 | €32.5b | €78.1b | €1.5b | 21.5x | 21.9x | 0.4x |
| Mon, 09 Oct 2023 | €36.1b | €78.3b | €1.7b | 19x | 21.6x | 0.5x |
| Wed, 06 Sep 2023 | €37.6b | €78.3b | €1.7b | 20.6x | 22.5x | 0.5x |
| Fri, 04 Aug 2023 | €38.7b | €78.4b | €1.6b | 22.6x | 24.7x | 0.5x |
| Sun, 02 Jul 2023 | €36.0b | €77.9b | €1.9b | 20.7x | 19.2x | 0.5x |
| Tue, 30 May 2023 | €35.8b | €77.9b | €1.9b | 20.3x | 19.1x | 0.5x |
| Thu, 27 Apr 2023 | €35.8b | €77.6b | €2.2b | 17.8x | 16.3x | 0.5x |
| Sat, 25 Mar 2023 | €33.2b | €77.5b | €2.2b | 16.1x | 15.1x | 0.4x |
| Mon, 20 Feb 2023 | €37.8b | €76.8b | €2.7b | 16.7x | 13.8x | 0.5x |
| Wed, 18 Jan 2023 | €37.0b | €76.8b | €2.7b | 16x | 13.5x | 0.5x |
| Fri, 16 Dec 2022 | €34.3b | €76.7b | €2.7b | 15.6x | 12.6x | 0.4x |
| Sun, 13 Nov 2022 | €32.9b | €75.2b | €2.8b | 12.2x | 11.8x | 0.4x |
| Tue, 11 Oct 2022 | €28.0b | €75.0b | €2.9b | 10.5x | 9.6x | 0.4x |
| Thu, 08 Sep 2022 | €33.6b | €75.0b | €2.9b | 12.4x | 11.5x | 0.4x |
| Sat, 06 Aug 2022 | €35.4b | €75.1b | €3.2b | 10.3x | 11.1x | 0.5x |
| Mon, 04 Jul 2022 | €40.7b | €73.9b | €3.3b | 15.9x | 12.2x | 0.6x |
| Wed, 01 Jun 2022 | €45.4b | €81.3b | €3.4b | 16.7x | 13.4x | 0.6x |
| Fri, 29 Apr 2022 | €46.7b | €80.0b | €3.4b | 21x | 13.5x | 0.6x |
| Sun, 27 Mar 2022 | €46.5b | €79.8b | €3.4b | 18.2x | 13.5x | 0.6x |
| Tue, 22 Feb 2022 | €49.0b | €78.8b | €3.3b | 19.3x | 15x | 0.6x |
| Thu, 20 Jan 2022 | €50.0b | €78.8b | €3.3b | 19.3x | 15.3x | 0.6x |
| Sat, 18 Dec 2021 | €47.6b | €62.0b | €3.3b | 19.3x | 14.5x | 0.8x |
| Mon, 15 Nov 2021 | €50.3b | €61.9b | €3.1b | 22.8x | 16.4x | 0.8x |
| Wed, 13 Oct 2021 | €52.2b | €61.3b | -€110,561,699,242.00 | 22.8x | -0.5x | 0.9x |
| Fri, 10 Sep 2021 | €53.5b | €78.4b | €3.1b | 20.5x | 17.4x | 0.7x |
| Sun, 08 Aug 2021 | €56.5b | €78.4b | €3.1b | 21.3x | 18.3x | 0.7x |
| Sat, 01 May 2021 | €54.0b | €77.5b | €3.0b | 25.8x | 18.2x | 0.7x |
Price to Earnings Ratio
18.2x
Current Industry PE
- Investors are optimistic on the German Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 31.9x which is higher than its 3-year average PE of 16.8x.
- The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 31% per year over the last three years,
- Revenues have also declined 14% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the German Healthcare industry?
| DE Market | 1.82% | |
| Healthcare | 0.65% | |
| Healthcare Services | 7.24% | |
| Healthcare Facilities | 9.23% | |
| Healthcare Services | 7.26% | |
| Healthcare Distributors | 0.21% | |
| Managed Healthcare | 0% | |
Industry PE
- Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 90.7x.
- Analysts are expecting annual earnings growth of 39.9%, which is higher than its past year's earnings growth of 6.5% per year.
- Investors are most pessimistic about the Healthcare Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 0.32x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings growth rate of 6.5% per year.
- In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| FME Fresenius Medical Care | €38.96 | 9.6% +€1.0b | -7.4% | PE22.9x | |
| FRE Fresenius SE KGaA | €27.32 | 3.1% +€456.2m | 6.3% | PE43.6x | |
| RHK RHÖN-KLINIKUM | €12.90 | 19.4% +€140.6m | -2.3% | PE22.3x | |
| MED MEDICLIN | €2.86 | 7.5% +€9.5m | -4.7% | PS0.2x | |
| V3V VITA 34 | €5.00 | 11.1% +€8.7m | -28.6% | PS1.2x |
