What Is Fresenius Medical Care AG's (ETR:FME) Share Price Doing?
Nov 21
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German (DAX) Healthcare Services Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies13
- 7D-0.3%
- 3M5.7%
- 1Y14.5%
- YTD8.4%
In the last week, Healthcare Services has been flat. As for the the longer term, the industry is up 17% over the past 12 months. Looking forward, earnings are forecast to grow by 28% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | €34.5b | €50.0b | €352.5m | 18.8x | 98x | 0.7x |
| Sat, 19 Oct 2024 | €34.3b | €49.9b | €1.4b | 19.7x | 24.1x | 0.7x |
| Mon, 16 Sep 2024 | €34.9b | €49.9b | €1.4b | 20.4x | 24.5x | 0.7x |
| Wed, 14 Aug 2024 | €32.0b | €49.9b | €1.4b | 24.5x | 22.5x | 0.6x |
| Fri, 12 Jul 2024 | €31.6b | €49.7b | €969.1m | 23.2x | 32.6x | 0.6x |
| Sun, 09 Jun 2024 | €33.2b | €49.7b | €964.9m | 25.7x | 34.4x | 0.7x |
| Tue, 07 May 2024 | €31.5b | €49.5b | €1.0b | 23.3x | 31.1x | 0.6x |
| Thu, 04 Apr 2024 | €28.3b | €49.4b | €987.0m | 20.4x | 28.7x | 0.6x |
| Sat, 02 Mar 2024 | €29.6b | €68.7b | €1.6b | 19.6x | 18.1x | 0.4x |
| Mon, 29 Jan 2024 | €35.3b | €78.1b | €1.5b | 19.5x | 22.9x | 0.5x |
| Wed, 27 Dec 2023 | €36.6b | €78.1b | €1.5b | 19.6x | 23.7x | 0.5x |
| Fri, 24 Nov 2023 | €35.6b | €78.1b | €1.5b | 20.3x | 23.1x | 0.5x |
| Sun, 22 Oct 2023 | €32.9b | €78.3b | €1.7b | 17.9x | 19.7x | 0.4x |
| Tue, 19 Sep 2023 | €38.1b | €78.3b | €1.7b | 20.3x | 22.8x | 0.5x |
| Thu, 17 Aug 2023 | €39.0b | €78.3b | €1.7b | 21.8x | 23.4x | 0.5x |
| Sat, 15 Jul 2023 | €37.3b | €77.9b | €1.9b | 22.8x | 20x | 0.5x |
| Mon, 12 Jun 2023 | €35.9b | €78.0b | €1.9b | 20.6x | 19.3x | 0.5x |
| Wed, 10 May 2023 | €37.1b | €77.6b | €2.2b | 19.4x | 17x | 0.5x |
| Fri, 07 Apr 2023 | €35.3b | €77.6b | €2.2b | 17.4x | 16x | 0.5x |
| Sun, 05 Mar 2023 | €33.3b | €77.1b | €2.6b | 15.8x | 12.6x | 0.4x |
| Tue, 31 Jan 2023 | €36.4b | €76.8b | €2.7b | 16.1x | 13.3x | 0.5x |
| Thu, 29 Dec 2022 | €34.0b | €76.7b | €2.7b | 15.6x | 12.5x | 0.4x |
| Sat, 26 Nov 2022 | €34.7b | €76.7b | €2.7b | 14.2x | 12.7x | 0.5x |
| Mon, 24 Oct 2022 | €29.1b | €75.0b | €2.9b | 11.2x | 9.9x | 0.4x |
| Wed, 21 Sep 2022 | €32.1b | €75.1b | €2.9b | 12.3x | 11x | 0.4x |
| Fri, 19 Aug 2022 | €34.5b | €75.0b | €2.9b | 10.6x | 11.7x | 0.5x |
| Sun, 17 Jul 2022 | €39.7b | €73.9b | €3.3b | 15.5x | 11.9x | 0.5x |
| Tue, 14 Jun 2022 | €42.7b | €81.4b | €3.4b | 16.2x | 12.6x | 0.5x |
| Thu, 12 May 2022 | €46.3b | €81.1b | €3.3b | 19.2x | 13.9x | 0.6x |
| Sat, 09 Apr 2022 | €48.7b | €80.0b | €3.4b | 21.7x | 14.1x | 0.6x |
| Mon, 07 Mar 2022 | €41.9b | €79.7b | €3.4b | 16.2x | 12.3x | 0.5x |
| Wed, 02 Feb 2022 | €50.1b | €78.8b | €3.3b | 19.6x | 15.3x | 0.6x |
| Fri, 31 Dec 2021 | €49.1b | €78.8b | €3.3b | 19.3x | 15x | 0.6x |
| Sun, 28 Nov 2021 | €47.2b | €62.0b | €3.3b | 22.8x | 14.4x | 0.8x |
Price to Earnings Ratio
14.4x
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 100x which is higher than its 3-year average PE of 19.6x.
- The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 52% per year over the last three years,
- Revenues have also declined 7.0% 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 | -0.41% | |
| Healthcare | -3.73% | |
| Healthcare Services | -0.34% | |
| Healthcare Facilities | 1.70% | |
| Managed Healthcare | 0% | |
| Healthcare Services | -0.34% | |
| Healthcare Distributors | -6.65% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 18.0x.
- Analysts are expecting annual earnings growth of 28.0%, which is lower than the prior year's growth of 46.5% 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.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 48% over the next 5 years.
- In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 15% 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 | €40.80 | 2.0% +€231.8m | 12.7% | PE18.2x | |
| M12 M1 Kliniken | €17.20 | 4.6% +€13.9m | 90.3% | PE19x | |
| MED MEDICLIN | €2.60 | 6.6% +€7.6m | -1.5% | PS0.2x | |
| V3V VITA 34 | €4.16 | 4.5% +€3.1m | 2.0% | PS0.9x | |
| LIK LIMES Schlosskliniken | €334.00 | 2.5% +€2.3m | 20.1% | PE22.9x |
