Should You Think About Buying Carl Zeiss Meditec AG (ETR:AFX) Now?
Jun 06
German (DAX) Medical Equipment Industry Analysis
UpdatedJun 07, 2023
DataAggregated Company Financials
Companies14
- 7D0.3%
- 3M1.1%
- 1Y-6.5%
- YTD10.8%
Over the last 7 days, the Medical Equipment industry has remained flat. Unfortunately though, the industry is down 6.0% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the German Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 Jun 2023 | €72.2b | €27.4b | €1.8b | 35.5x | 40.1x | 2.6x |
| Fri, 05 May 2023 | €77.9b | €27.4b | €2.3b | 32.9x | 34.3x | 2.8x |
| Sun, 02 Apr 2023 | €73.4b | €27.4b | €2.3b | 27.9x | 32.1x | 2.7x |
| Tue, 28 Feb 2023 | €70.7b | €27.3b | €2.2b | 30.5x | 32.1x | 2.6x |
| Thu, 26 Jan 2023 | €69.2b | €27.2b | €2.2b | 31.7x | 31x | 2.5x |
| Sat, 24 Dec 2022 | €64.4b | €27.2b | €2.2b | 30x | 28.8x | 2.4x |
| Mon, 21 Nov 2022 | €73.3b | €26.2b | €2.0b | 38x | 36.4x | 2.8x |
| Wed, 19 Oct 2022 | €64.2b | €26.3b | €2.1b | 28.7x | 30.9x | 2.4x |
| Fri, 16 Sep 2022 | €65.2b | €26.4b | €2.1b | 28.1x | 30.9x | 2.5x |
| Sun, 14 Aug 2022 | €102.6b | €30.0b | €2.6b | 37.9x | 39.1x | 3.4x |
| Tue, 12 Jul 2022 | €95.1b | €30.0b | €2.7b | 28.7x | 35.1x | 3.2x |
| Thu, 09 Jun 2022 | €102.3b | €30.0b | €2.7b | 32.4x | 37.4x | 3.4x |
| Sat, 07 May 2022 | €91.8b | €29.9b | €2.7b | 30.7x | 33.9x | 3.1x |
| Mon, 04 Apr 2022 | €105.7b | €28.3b | €2.6b | 28.7x | 41.2x | 3.7x |
| Wed, 02 Mar 2022 | €107.3b | €28.5b | €2.7b | 26.4x | 40.3x | 3.8x |
| Fri, 28 Jan 2022 | €110.2b | €27.0b | €2.7b | 28.2x | 40.9x | 4.1x |
| Sun, 26 Dec 2021 | €131.5b | €27.0b | €2.7b | 30.6x | 48.8x | 4.9x |
| Tue, 23 Nov 2021 | €134.3b | €26.9b | €2.7b | 33x | 49.9x | 5x |
| Thu, 21 Oct 2021 | €124.8b | €25.5b | €2.7b | 33.1x | 46.9x | 4.9x |
| Sat, 18 Sep 2021 | €131.8b | €25.4b | €2.6b | 39.6x | 50x | 5.2x |
| Mon, 16 Aug 2021 | €128.9b | €25.4b | €2.6b | 36.7x | 48.9x | 5.1x |
| Mon, 31 May 2021 | €97.6b | €23.1b | €2.4b | 33.6x | 41.3x | 4.2x |
| Thu, 04 Mar 2021 | €92.4b | €22.3b | €2.2b | 41x | 42.8x | 4.1x |
| Sun, 06 Dec 2020 | €80.0b | €21.6b | €1.9b | 42.9x | 41.5x | 3.7x |
| Wed, 09 Sep 2020 | €72.2b | €21.6b | €1.9b | 52.5x | 38.6x | 3.4x |
Price to Earnings Ratio
38.5x
Current Industry PE
- Investors are relatively neutral on the German Healthcare 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 39.0x.
- The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.3% 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 Comparison
How does German Medical Equipment compare with similar industries?
| DE Market | 0.44% | |
| Healthcare | 1.56% | |
| Medical Equipment | 0.29% | |
| Medical Equipment | 0.29% | |
| Medical Supplies | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AFX Carl Zeiss Meditec | €109.90 | 4.8% +€451.7m | -14.1% | PE35.3x | |
| SBS Stratec | €64.10 | 12.7% +€87.5m | -38.8% | PE40.1x | |
| GME Geratherm Medical | €6.95 | 2.2% +€812.5k | -18.0% | PS1.5x | |
| AAQ1 aap Implantate | €1.15 | 4.5% +€447.7k | -61.1% | PS0.9x | |
| NN6 NanoRepro | €2.35 | 1.3% +€387.1k | -32.4% | PS0.8x |
