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Danish (OMX) Medical Equipment Industry Analysis

UpdatedMar 23, 2023
DataAggregated Company Financials
Companies7
  • 7D1.2%
  • 3M5.9%
  • 1Y-19.0%
  • YTD1.6%

In the last week, the Medical Equipment industry is up 1.2%, with Coloplast up 2.6%. Meanwhile, Ambu actually underperformed within the industry, shrinking 6.9% in the last week. In contrast, the industry has lost 19% in the last 12 months. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 Mar 2023kr.284.1bkr.71.4bkr.7.8b38.4x36.5x4x
Sat, 18 Feb 2023kr.284.4bkr.71.5bkr.7.8b41.4x36.6x4x
Mon, 16 Jan 2023kr.286.9bkr.68.6bkr.8.2b38.4x34.9x4.2x
Wed, 14 Dec 2022kr.286.7bkr.68.7bkr.8.2b38.9x34.8x4.2x
Fri, 11 Nov 2022kr.297.6bkr.67.9bkr.8.6b40.6x34.5x4.4x
Sun, 09 Oct 2022kr.251.4bkr.67.1bkr.8.8b30.9x28.6x3.7x
Tue, 06 Sep 2022kr.286.4bkr.66.3bkr.8.8b29x32.5x4.3x
Thu, 04 Aug 2022kr.306.9bkr.64.0bkr.9.0b30.6x34.1x4.8x
Sat, 02 Jul 2022kr.300.2bkr.63.9bkr.9.0b30.3x33.3x4.7x
Mon, 30 May 2022kr.301.5bkr.63.7bkr.9.0b32.1x33.5x4.7x
Wed, 27 Apr 2022kr.340.8bkr.63.1bkr.9.8b34.4x34.9x5.4x
Fri, 25 Mar 2022kr.350.4bkr.62.9bkr.9.8b39x35.9x5.6x
Sun, 20 Feb 2022kr.341.2bkr.62.8bkr.9.7b38.1x35x5.4x
Tue, 18 Jan 2022kr.393.5bkr.61.2bkr.9.4b44.1x41.8x6.4x
Thu, 16 Dec 2021kr.417.7bkr.61.2bkr.9.4b47.9x44.3x6.8x
Sat, 13 Nov 2021kr.449.3bkr.61.2bkr.9.4b51.9x47.7x7.3x
Mon, 11 Oct 2021kr.398.3bkr.60.3bkr.9.3b46.2x42.7x6.6x
Wed, 08 Sep 2021kr.461.6bkr.60.2bkr.9.3b52.4x49.6x7.7x
Fri, 06 Aug 2021kr.486.1bkr.60.2bkr.9.3b53.4x52.2x8.1x
Mon, 10 May 2021kr.473.1bkr.56.9bkr.7.9b50.6x59.8x8.3x
Sun, 31 Jan 2021kr.401.4bkr.54.1bkr.6.9b48.4x58x7.4x
Wed, 04 Nov 2020kr.371.9bkr.53.3bkr.6.8b49.8x54.7x7x
Sat, 08 Aug 2020kr.398.6bkr.52.1bkr.6.0b58x66.2x7.7x
Fri, 01 May 2020kr.379.4bkr.53.5bkr.7.1b45.8x53.4x7.1x
Price to Earnings Ratio

48.2x


Total Market Cap: kr.342.9bTotal Earnings: kr.7.1bTotal Revenue: kr.53.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Medical Equipment Industry Price to Earnings3Y Average 46.6x202120222023
Current Industry PE
  • Investors are pessimistic on the Danish Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 36.5x which is lower than its 3-year average PE of 46.6x.
  • The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 3.0% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Danish Healthcare industry?

DK Market1.84%
Healthcare2.32%
Medical Equipment1.16%
Medical Supplies2.63%
Medical Equipment-1.19%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 46.0x.
    • Analysts are expecting annual earnings growth of 9.9%, which is higher than its past year's earnings decline of 5.5% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 48.6x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 40% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 9.9% 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
COLO B Coloplastkr.847.202.2%
+kr.3.8b		-11.7%PE38.9x
DEMANT Demantkr.225.401.1%
+kr.535.6m		-19.5%PE22.1x
OSSR Össur hfkr.31.652.9%
+kr.378.4m		-20.9%PE45.7x
GN GN Store Nordkr.145.201.7%
+kr.307.1m		-53.9%PE36.4x
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Latest News

COLO B

kr.847.20

Coloplast

7D

2.2%

1Y

-11.7%

Coloplast (CPH:COLO B) Seems To Use Debt Quite Sensibly

Mar 22
Coloplast (CPH:COLO B) Seems To Use Debt Quite Sensibly

DEMANT

kr.225.40

Demant

7D

1.1%

1Y

-19.5%

Are Investors Undervaluing Demant A/S (CPH:DEMANT) By 25%?

Mar 21
Are Investors Undervaluing Demant A/S (CPH:DEMANT) By 25%?

GN

kr.145.20

GN Store Nord

7D

1.7%

1Y

-53.9%

OSSR

kr.31.65

Össur hf

7D

2.9%

1Y

-20.9%

Össur hf (CPH:OSSR) Might Be Having Difficulty Using Its Capital Effectively

Mar 14
Össur hf (CPH:OSSR) Might Be Having Difficulty Using Its Capital Effectively

VIRO

kr.48.70

ViroGates

7D

-2.6%

1Y

-62.7%

ViroGates (CPH:VIRO) Is In A Good Position To Deliver On Growth Plans

Mar 06
ViroGates (CPH:VIRO) Is In A Good Position To Deliver On Growth Plans

AMBU B

kr.97.60

Ambu

7D

-7.8%

1Y

1.6%