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Danish (OMX) Medical Equipment Industry Analysis

UpdatedJul 10, 2026
DataAggregated Company Financials
Companies5
  • 7D-0.4%
  • 3M5.5%
  • 1Y-25.0%
  • YTD-12.6%

In the last week, the Medical Equipment industry is up 2.4%, with Coloplast up 1.0%. In the past year, the industry is down 24%. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Jul 2026DKK 176.7bDKK 63.4bDKK 5.5b30.8x32.1x2.8x
Sun, 07 Jun 2026DKK 168.9bDKK 63.3bDKK 5.5b29.5x30.7x2.7x
Tue, 05 May 2026DKK 165.8bDKK 63.1bDKK 7.4b22.1x22.3x2.6x
Thu, 02 Apr 2026DKK 170.9bDKK 62.9bDKK 7.4b23.2x23x2.7x
Sat, 28 Feb 2026DKK 185.3bDKK 62.8bDKK 7.4b25.8x25x2.9x
Mon, 26 Jan 2026DKK 208.0bDKK 62.2bDKK 7.4b30.8x28.2x3.3x
Wed, 24 Dec 2025DKK 205.4bDKK 62.2bDKK 7.4b31.1x27.8x3.3x
Fri, 21 Nov 2025DKK 213.3bDKK 62.3bDKK 7.4b32.2x28.8x3.4x
Sun, 19 Oct 2025DKK 223.7bDKK 62.0bDKK 7.6b30.2x29.6x3.6x
Tue, 16 Sep 2025DKK 228.5bDKK 62.0bDKK 7.6b30.8x30.3x3.7x
Thu, 14 Aug 2025DKK 225.0bDKK 61.8bDKK 8.0b28.8x28x3.6x
Sat, 12 Jul 2025DKK 236.3bDKK 61.5bDKK 8.3b30.3x28.6x3.8x
Mon, 09 Jun 2025DKK 240.5bDKK 61.7bDKK 8.3b30.7x29.1x3.9x
Wed, 07 May 2025DKK 244.8bDKK 61.5bDKK 8.2b29.3x29.8x4x
Fri, 04 Apr 2025DKK 246.8bDKK 61.3bDKK 8.5b29.6x28.9x4x
Sun, 02 Mar 2025DKK 276.4bDKK 61.7bDKK 8.6b32x32.2x4.5x
Tue, 28 Jan 2025DKK 295.1bDKK 61.2bDKK 8.3b32.8x35.6x4.8x
Thu, 26 Dec 2024DKK 279.0bDKK 61.3bDKK 8.3b32.9x33.6x4.6x
Sat, 23 Nov 2024DKK 304.5bDKK 61.3bDKK 8.3b35.3x36.7x5x
Mon, 21 Oct 2024DKK 309.0bDKK 60.0bDKK 8.4b37.5x37x5.1x
Wed, 18 Sep 2024DKK 317.9bDKK 59.9bDKK 8.3b37.2x38.1x5.3x
Fri, 16 Aug 2024DKK 320.7bDKK 59.0bDKK 8.3b37.1x38.8x5.4x
Sun, 14 Jul 2024DKK 311.1bDKK 58.6bDKK 8.3b35.5x37.7x5.3x
Tue, 11 Jun 2024DKK 309.5bDKK 58.6bDKK 8.3b33.6x37.4x5.3x
Thu, 09 May 2024DKK 304.0bDKK 58.5bDKK 8.1b34.8x37.4x5.2x
Sat, 06 Apr 2024DKK 320.2bDKK 57.8bDKK 8.0b37.4x39.8x5.5x
Mon, 04 Mar 2024DKK 329.8bDKK 57.8bDKK 8.0b38x41x5.7x
Wed, 31 Jan 2024DKK 287.0bDKK 56.2bDKK 7.8b34x36.9x5.1x
Fri, 29 Dec 2023DKK 277.5bDKK 55.8bDKK 7.7b34.7x36.3x5x
Sun, 26 Nov 2023DKK 271.1bDKK 55.9bDKK 7.7b34.7x35.4x4.9x
Tue, 24 Oct 2023DKK 249.9bDKK 55.6bDKK 7.4b34.1x33.7x4.5x
Thu, 21 Sep 2023DKK 273.2bDKK 55.6bDKK 7.4b36.2x36.9x4.9x
Sat, 19 Aug 2023DKK 267.0bDKK 55.5bDKK 7.4b35.5x36.2x4.8x
Mon, 17 Jul 2023DKK 268.1bDKK 53.2bDKK 7.3b35.5x36.9x5x
Price to Earnings Ratio

36.9x


Total Market Cap: DKK 268.1bTotal Earnings: DKK 7.3bTotal Revenue: DKK 53.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Medical Equipment Industry Price to Earnings3Y Average 32.9x202420252026
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 32.9x.
  • The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 8.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.0% 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, which has decreased profits.

Industry Trends

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

DK Market-1.45%
Healthcare-2.75%
Medical Equipment-0.37%
Medical Supplies0.98%
Medical Equipment-1.73%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 35.5x.
    • Analysts are expecting annual earnings growth of 25.2%, which is higher than its past year's earnings decline of 53.7% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 30.0x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings decline of 54% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 15% 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 ColoplastDKK 400.501.0%
+DKK 878.2m		-35.0%PE42.8x
AMBU B AmbuDKK 67.751.9%
+DKK 329.8m		-31.4%PE37.5x
VIRO ViroGatesDKK 10.402.0%
+DKK 1.9m		-16.8%PS10.7x

Latest News

EMBLA
DKK 26.50
Embla Medical hf
7D
-2.2%
1Y
-18.5%
Narrative Update • Jul 09

EMBLA: Buybacks And Tighter Assumptions Will Shape Measured Future Upside Potential

Analysts have reduced their price target for Embla Medical hf. from DKK 34.0 to DKK 29.0, citing updated assumptions around discount rates, revenue growth, profit margins, and a lower future P/E multiple.
DEMANT
DKK 271.60
Demant
7D
-2.7%
1Y
0.7%
Narrative Update • Jul 07

DEMANT: Hearing Market Turnaround And Sector Inflection Shape Balanced Outlook

Analysts have adjusted the fair value estimate for Demant to DKK 300 from DKK 316, reflecting updated assumptions on revenue growth, profit margins, and future P/E multiples in light of recent price target increases from DKK 226 to DKK 258 at Deutsche Bank and from DKK 210 to DKK 290 at Morgan Stanley. Analyst Commentary Recent research on Demant points to a more constructive tone, with several bullish analysts revisiting their assumptions on the stock and adjusting price targets to reflect updated views on growth potential and valuation.
AMBU B
DKK 67.75
Ambu
7D
1.9%
1Y
-31.4%
Narrative Update • Jul 01

AMBU B: Rising Competition Will Weigh On Future Share Performance

The analyst price target for Ambu has been reduced from DKK 78 to DKK 58, with analysts citing a more cautious near term outlook and rising competition as key reasons for the change. Analyst Commentary Recent commentary on Ambu reflects a more cautious tone, with bearish analysts flagging concerns around the company’s ability to deliver against expectations as competition increases.
COLO B
DKK 400.50
Coloplast
7D
1.0%
1Y
-35.0%
Narrative Update • Jun 30

COLO B: Reset Expectations And New Products Will Shape Future Sentiment

The analyst price target for Coloplast has been revised from DKK 535 to DKK 345. This reflects a reset in valuation assumptions as analysts weigh recent target cuts against differing views on how the recent share selloff relates to company fundamentals and future P/E expectations.
VIRO
DKK 10.40
ViroGates
7D
2.0%
1Y
-16.8%