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German (DAX) Medical Equipment Industry Analysis

UpdatedDec 03, 2023
DataAggregated Company Financials
Companies16
  • 7D2.3%
  • 3M12.5%
  • 1Y-4.9%
  • YTD6.4%

In the last week, the Medical Equipment industry is up 2.3%, with Siemens Healthineers up 3.3%. However, the industry is down 4.9% over the past year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the German Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Dec 2023€69.9b€30.0b€1.9b29.3x35.9x2.3x
Tue, 31 Oct 2023€61.1b€29.9b€2.0b28.5x30.7x2x
Thu, 28 Sep 2023€63.0b€29.9b€2.0b26.3x31.5x2.1x
Sat, 26 Aug 2023€61.7b€29.9b€2.0b28.8x30.9x2.1x
Mon, 24 Jul 2023€69.8b€29.7b€1.8b31.1x38x2.3x
Wed, 21 Jun 2023€70.1b€29.7b€1.8b31.5x38.2x2.4x
Fri, 19 May 2023€72.8b€29.8b€2.3b29.8x31.4x2.4x
Sun, 16 Apr 2023€74.7b€29.7b€2.3b26x32.3x2.5x
Tue, 14 Mar 2023€70.7b€29.5b€2.3b27.5x31.3x2.4x
Thu, 09 Feb 2023€76.4b€29.5b€2.2b30.4x34x2.6x
Sat, 07 Jan 2023€67.2b€29.5b€2.3b26.4x29.4x2.3x
Mon, 05 Dec 2022€73.6b€29.3b€2.2b28.3x32.8x2.5x
Wed, 02 Nov 2022€67.6b€28.5b€2.1b29.1x32.6x2.4x
Fri, 30 Sep 2022€59.6b€28.5b€2.1b25.6x27.9x2.1x
Sun, 28 Aug 2022€98.0b€32.5b€2.7b30.2x36.9x3x
Tue, 26 Jul 2022€96.7b€32.5b€2.9b29.6x33.8x3x
Thu, 23 Jun 2022€84.7b€32.3b€2.8b27.5x29.9x2.6x
Sat, 21 May 2022€99.2b€32.2b€2.8b32.1x35.5x3.1x
Mon, 18 Apr 2022€103.6b€30.6b€2.7b26.9x38.9x3.4x
Wed, 16 Mar 2022€101.8b€30.7b€2.7b22.2x38.1x3.3x
Fri, 11 Feb 2022€110.3b€30.6b€2.8b26.1x39x3.6x
Sun, 09 Jan 2022€126.4b€29.4b€2.8b26.3x45.2x4.3x
Tue, 07 Dec 2021€127.3b€29.3b€2.8b28.4x45.6x4.3x
Thu, 04 Nov 2021€128.6b€28.0b€2.8b27.9x46.7x4.6x
Sat, 02 Oct 2021€121.3b€27.8b€2.8b28.8x43.9x4.4x
Mon, 30 Aug 2021€134.2b€27.7b€2.7b39.4x49x4.8x
Tue, 06 Jul 2021€108.7b€27.7b€2.7b33x39.7x3.9x
Fri, 09 Apr 2021€96.5b€25.5b€2.5b33x39.2x3.8x
Thu, 31 Dec 2020€83.5b€24.8b€2.3b26.4x36.9x3.4x
Price to Earnings Ratio

40.1x


Total Market Cap: €81.3bTotal Earnings: €2.0bTotal Revenue: €24.0bTotal Market Cap vs Earnings and Revenue0%0%0%
German Medical Equipment Industry Price to Earnings3Y Average 37.4x202120222023
Current Industry PE
  • Investors are relatively neutral on the German Medical Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 37.4x.
  • The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the German Healthcare industry?

DE Market1.41%
Healthcare0.22%
Medical Equipment2.35%
Medical Equipment2.37%
Medical Supplies0.51%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry, which is trading close to its 3-year average PE ratio of 38.1x.
    • Analysts are expecting annual earnings growth of 17.6%, which is higher than its past year's earnings growth of 12.2% per year.
  • Investors are most pessimistic about the Medical Supplies industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.5x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 18% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SHL Siemens Healthineers€53.163.3%
+€1.7b
3.1%PE39.3x
PHH2 Paul Hartmann€196.000.5%
+€3.6m
-14.8%PE29.9x
PUS PULSION Medical Systems€17.500.6%
+€824.5k
-7.9%PE20.1x
E8X elexxion€0.250.8%
+€19.8k
26.0%PS5.6x
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Latest News

SBS

€39.55

Stratec

7D

-5.6%

1Y

-54.3%

AFX

€84.14

Carl Zeiss Meditec

7D

-3.0%

1Y

-36.3%

EUZ

€38.44

Eckert & Ziegler Strahlen- und Medizintechnik

7D

-1.3%

1Y

-31.8%

PUS

€17.50

PULSION Medical Systems

7D

0.6%

1Y

-7.9%

SHL

€53.16

Siemens Healthineers

7D

3.3%

1Y

3.1%

NN6

€2.00

NanoRepro

7D

-7.2%

1Y

-14.2%

E8X

€0.25

elexxion

7D

0.8%

1Y

26.0%

MF6

€0.0002

MagForce

7D

-87.5%

1Y

n/a