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Danish (OMX) Medical Equipment Industry Analysis

UpdatedApr 11, 2026
DataAggregated Company Financials
Companies5
  • 7D-1.9%
  • 3M-21.1%
  • 1Y-31.9%
  • YTD-17.2%

Over the last 7 days, the Medical Equipment industry has dropped 4.5%, driven by a pullback from Coloplast of 3.2%. However, the industry is down 33% over the past year. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Apr 2026DKK 167.7bDKK 62.9bDKK 7.4b23.3x22.6x2.7x
Mon, 09 Mar 2026DKK 176.3bDKK 62.9bDKK 7.4b24.8x23.7x2.8x
Wed, 04 Feb 2026DKK 195.9bDKK 62.2bDKK 7.4b30.1x26.5x3.2x
Fri, 02 Jan 2026DKK 206.4bDKK 62.2bDKK 7.4b31.1x27.9x3.3x
Sun, 30 Nov 2025DKK 217.2bDKK 62.3bDKK 7.4b34.3x29.4x3.5x
Tue, 28 Oct 2025DKK 227.4bDKK 62.2bDKK 7.6b31.4x30x3.7x
Thu, 25 Sep 2025DKK 219.2bDKK 62.0bDKK 7.6b30.8x29x3.5x
Sat, 23 Aug 2025DKK 234.2bDKK 61.9bDKK 7.6b31.6x31x3.8x
Mon, 21 Jul 2025DKK 234.7bDKK 61.6bDKK 8.3b29.9x28.4x3.8x
Wed, 18 Jun 2025DKK 236.7bDKK 61.6bDKK 8.3b30.3x28.7x3.8x
Fri, 16 May 2025DKK 239.4bDKK 61.8bDKK 8.3b29.7x28.9x3.9x
Sun, 13 Apr 2025DKK 245.3bDKK 61.2bDKK 8.5b28.7x28.7x4x
Tue, 11 Mar 2025DKK 268.1bDKK 61.4bDKK 8.6b30.8x31.3x4.4x
Thu, 06 Feb 2025DKK 291.6bDKK 62.0bDKK 8.2b32.7x35.4x4.7x
Sat, 04 Jan 2025DKK 278.2bDKK 61.4bDKK 8.3b32.9x33.5x4.5x
Mon, 02 Dec 2024DKK 303.4bDKK 61.2bDKK 8.3b35.1x36.6x5x
Wed, 30 Oct 2024DKK 310.7bDKK 60.2bDKK 8.4b36.2x36.9x5.2x
Fri, 27 Sep 2024DKK 299.8bDKK 59.9bDKK 8.3b35.8x35.9x5x
Sun, 25 Aug 2024DKK 320.1bDKK 59.7bDKK 8.3b36.6x38.7x5.4x
Tue, 23 Jul 2024DKK 301.4bDKK 58.6bDKK 8.3b35.9x36.5x5.1x
Thu, 20 Jun 2024DKK 299.0bDKK 58.6bDKK 8.3b33.1x36.2x5.1x
Sat, 18 May 2024DKK 311.0bDKK 58.6bDKK 8.3b34.9x37.6x5.3x
Mon, 15 Apr 2024DKK 316.0bDKK 57.9bDKK 8.1b36.6x39.2x5.5x
Wed, 13 Mar 2024DKK 344.0bDKK 57.7bDKK 8.0b39.8x42.8x6x
Fri, 09 Feb 2024DKK 304.3bDKK 57.3bDKK 8.0b35.8x38.2x5.3x
Sun, 07 Jan 2024DKK 273.7bDKK 55.9bDKK 7.7b34.6x35.7x4.9x
Tue, 05 Dec 2023DKK 276.0bDKK 55.9bDKK 7.7b35.2x36x4.9x
Thu, 02 Nov 2023DKK 253.5bDKK 55.8bDKK 7.5b29.3x34x4.5x
Sat, 30 Sep 2023DKK 263.1bDKK 55.7bDKK 7.4b35.1x35.5x4.7x
Mon, 28 Aug 2023DKK 266.7bDKK 55.5bDKK 7.4b34.6x36.1x4.8x
Wed, 26 Jul 2023DKK 275.8bDKK 53.3bDKK 7.3b36.5x37.9x5.2x
Fri, 23 Jun 2023DKK 281.4bDKK 53.4bDKK 7.3b37.2x38.6x5.3x
Sun, 21 May 2023DKK 297.6bDKK 53.4bDKK 7.3b40.4x40.8x5.6x
Tue, 18 Apr 2023DKK 298.7bDKK 52.7bDKK 7.3b44x41.1x5.7x
Price to Earnings Ratio

41.1x


Total Market Cap: DKK 298.7bTotal Earnings: DKK 7.3bTotal Revenue: DKK 52.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Medical Equipment Industry Price to Earnings3Y Average 34x202420252026
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 22.0x which is lower than its 3-year average PE of 34.0x.
  • The 3-year average PS ratio of 4.6x is higher than the industry's current PS ratio of 2.6x.
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 6.1% 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 Danish Healthcare industry?

DK Market2.02%
Healthcare1.05%
Medical Equipment-1.89%
Medical Equipment-0.021%
Medical Supplies-3.23%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 36.0x.
    • Analysts are expecting annual earnings growth of 12.5%, which is higher than its past year's earnings decline of 18.3% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 31.4x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 12% 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
DEMANT DemantDKK 198.301.4%
+DKK 569.4m		-10.8%PE17.7x
EMBLA Embla Medical hfDKK 27.903.3%
+DKK 384.5m		4.5%PE22.4x

Latest News

COLO B
DKK 428.50
Coloplast
7D
-3.2%
1Y
-38.5%

COLO B: New CEO Appointment Will Support Future Re Rating Potential

The updated analyst price target for Coloplast has been reduced by DKK 6.53. This change reflects a slight reset in fair value as analysts incorporate higher discount rates, marginally softer margin assumptions, and recent price target cuts, along with mixed rating changes across the Street.
EMBLA
DKK 27.90
Embla Medical hf
7D
3.3%
1Y
4.5%

EMBLA: Capital Reduction And Buybacks Will Support Future Upside Potential

Analysts have modestly lifted their price target for Embla Medical hf. to DKK 34.0, reflecting slightly updated assumptions around discount rate, revenue growth, profit margin and future P/E.
DEMANT
DKK 198.30
Demant
7D
1.4%
1Y
-10.8%

DEMANT: Recent Upgrades And 2026 Guidance May Support Re Rating

The updated analyst price target for Demant now sits at DKK 232, up modestly from DKK 232. The small adjustment reflects a mix of recent upgrades and price target cuts as analysts reassess assumptions for discount rates, revenue growth, profit margins and future P/E levels.
AMBU B
DKK 65.40
Ambu
7D
-5.3%
1Y
-44.3%

AMBU B: Refined Discount Rate And P/E Expectations Will Support Future Upside

Analysts have lowered their price target on Ambu by DKK 12. This reflects small adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions following recent research updates.
VIRO
DKK 11.10
ViroGates
7D
-0.9%
1Y
58.6%