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Danish (OMX) Medical Equipment Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies5
- 7D2.3%
- 3M-3.6%
- 1Y4.3%
- YTD7.5%
In the last week, the Medical Equipment industry is up 2.3%, with Coloplast up 2.0%. Meanwhile, ViroGates actually underperformed within the industry, shrinking 14% in the last week. In the last 12 months, the industry was up 4.3%. Looking forward, 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | DKK 299.0b | DKK 61.3b | DKK 8.3b | 33.6x | 36x | 4.9x |
| Thu, 19 Dec 2024 | DKK 281.9b | DKK 61.3b | DKK 8.3b | 33.2x | 34x | 4.6x |
| Sat, 16 Nov 2024 | DKK 307.4b | DKK 61.2b | DKK 8.3b | 35.5x | 37x | 5x |
| Mon, 14 Oct 2024 | DKK 303.2b | DKK 60.0b | DKK 8.4b | 37x | 36.3x | 5.1x |
| Wed, 11 Sep 2024 | DKK 314.7b | DKK 60.0b | DKK 8.4b | 36.7x | 37.7x | 5.2x |
| Fri, 09 Aug 2024 | DKK 309.3b | DKK 58.7b | DKK 8.3b | 36.2x | 37.3x | 5.3x |
| Sun, 07 Jul 2024 | DKK 304.9b | DKK 58.6b | DKK 8.3b | 35.2x | 36.9x | 5.2x |
| Tue, 04 Jun 2024 | DKK 298.5b | DKK 58.6b | DKK 8.3b | 33.6x | 36.1x | 5.1x |
| Thu, 02 May 2024 | DKK 300.5b | DKK 58.0b | DKK 8.0b | 35.4x | 37.4x | 5.2x |
| Sat, 30 Mar 2024 | DKK 329.8b | DKK 57.8b | DKK 8.0b | 39.2x | 41x | 5.7x |
| Mon, 26 Feb 2024 | DKK 333.3b | DKK 57.8b | DKK 8.0b | 38.2x | 41.4x | 5.8x |
| Wed, 24 Jan 2024 | DKK 283.7b | DKK 55.9b | DKK 7.7b | 35.7x | 37x | 5.1x |
| Fri, 22 Dec 2023 | DKK 276.1b | DKK 55.8b | DKK 7.7b | 34.8x | 36.1x | 4.9x |
| Sun, 19 Nov 2023 | DKK 263.0b | DKK 55.9b | DKK 7.7b | 33.7x | 34.3x | 4.7x |
| Tue, 17 Oct 2023 | DKK 254.5b | DKK 55.7b | DKK 7.4b | 34.1x | 34.3x | 4.6x |
| Thu, 14 Sep 2023 | DKK 268.7b | DKK 55.6b | DKK 7.4b | 35.4x | 36.3x | 4.8x |
| Sat, 12 Aug 2023 | DKK 270.7b | DKK 53.5b | DKK 7.3b | 36.3x | 37.1x | 5.1x |
| Mon, 10 Jul 2023 | DKK 273.1b | DKK 53.4b | DKK 7.3b | 35.8x | 37.5x | 5.1x |
| Wed, 07 Jun 2023 | DKK 287.2b | DKK 53.5b | DKK 7.3b | 38.7x | 39.4x | 5.4x |
| Fri, 05 May 2023 | DKK 312.5b | DKK 52.8b | DKK 7.1b | 45x | 44x | 5.9x |
| Sun, 02 Apr 2023 | DKK 305.3b | DKK 71.4b | DKK 7.8b | 41.4x | 39.3x | 4.3x |
| Tue, 28 Feb 2023 | DKK 282.9b | DKK 71.5b | DKK 7.8b | 37.9x | 36.4x | 4x |
| Thu, 26 Jan 2023 | DKK 276.1b | DKK 68.6b | DKK 8.2b | 37x | 33.6x | 4x |
| Sat, 24 Dec 2022 | DKK 269.0b | DKK 68.7b | DKK 8.2b | 36.7x | 32.7x | 3.9x |
| Mon, 21 Nov 2022 | DKK 290.1b | DKK 68.8b | DKK 8.2b | 40.1x | 35.2x | 4.2x |
| Wed, 19 Oct 2022 | DKK 272.8b | DKK 67.1b | DKK 8.8b | 32.3x | 31.1x | 4.1x |
| Fri, 16 Sep 2022 | DKK 289.1b | DKK 67.0b | DKK 8.8b | 29x | 33x | 4.3x |
| Sun, 14 Aug 2022 | DKK 302.8b | DKK 63.9b | DKK 9.0b | 29.7x | 33.7x | 4.7x |
| Tue, 12 Jul 2022 | DKK 299.0b | DKK 64.1b | DKK 9.0b | 28.6x | 33.1x | 4.7x |
| Thu, 09 Jun 2022 | DKK 310.4b | DKK 63.7b | DKK 9.0b | 31.4x | 34.5x | 4.9x |
| Sat, 07 May 2022 | DKK 322.7b | DKK 63.8b | DKK 9.0b | 32.1x | 35.8x | 5.1x |
| Mon, 04 Apr 2022 | DKK 376.5b | DKK 62.9b | DKK 9.7b | 38.2x | 38.7x | 6x |
| Wed, 02 Mar 2022 | DKK 369.4b | DKK 62.9b | DKK 9.8b | 35.1x | 37.9x | 5.9x |
| Fri, 28 Jan 2022 | DKK 371.5b | DKK 61.7b | DKK 9.5b | 40.9x | 39.1x | 6x |
Price to Earnings Ratio
39.1x
Current Industry PE
- Investors are relatively neutral on the Danish 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 36.3x.
- The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have declined 4.4% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Danish Healthcare industry?
| DK Market | -5.14% | |
| Healthcare | -8.30% | |
| Medical Equipment | 2.28% | |
| Medical Equipment | 2.70% | |
| Medical Supplies | 2.01% | |
Industry PE
- Investors are most optimistic about the Medical Supplies industry, which is trading close to its 3-year average PE ratio of 38.7x.
- Analysts are expecting annual earnings growth of 11.8%, which is higher than its past year's earnings growth of 5.6% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading close to its 3-year average of 33.4x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 17% over the next 5 years.
- However this is lower than its past earnings growth rate of 32% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| COLO B Coloplast | DKK 813.00 | 2.0% +DKK 3.6b | 4.5% | PE36.2x | |
| DEMANT Demant | DKK 292.60 | 3.3% +DKK 2.0b | -6.0% | PE25.1x | |
| AMBU B Ambu | DKK 138.40 | 2.5% +DKK 892.4m | 19.5% | PE156.9x | |
| EMBLA Embla Medical hf | DKK 35.90 | 0.8% +DKK 128.1m | 19.7% | PE30.9x |
