Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Danish (OMX) Medical Equipment Industry Analysis

UpdatedMay 26, 2026
DataAggregated Company Financials
Companies5
  • 7D2.7%
  • 3M-4.8%
  • 1Y-28.2%
  • YTD-14.7%

In the last week, the Medical Equipment industry is up 3.0%, with Demant up 6.8%. In the past year, the industry is down 28%. 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
Tue, 26 May 2026DKK 172.7bDKK 63.3bDKK 5.5b29.9x31.4x2.7x
Thu, 23 Apr 2026DKK 170.4bDKK 62.9bDKK 7.4b23.2x23x2.7x
Sat, 21 Mar 2026DKK 163.9bDKK 63.0bDKK 7.4b22.8x22.1x2.6x
Mon, 16 Feb 2026DKK 182.2bDKK 62.8bDKK 7.4b26.3x24.6x2.9x
Wed, 14 Jan 2026DKK 217.6bDKK 62.3bDKK 7.4b31.7x29.4x3.5x
Fri, 12 Dec 2025DKK 212.2bDKK 62.2bDKK 7.4b33.4x28.7x3.4x
Sun, 09 Nov 2025DKK 219.6bDKK 62.3bDKK 7.4b32.7x29.7x3.5x
Tue, 07 Oct 2025DKK 220.5bDKK 62.0bDKK 7.6b30.3x29.2x3.6x
Thu, 04 Sep 2025DKK 229.4bDKK 62.0bDKK 7.6b31.8x30.4x3.7x
Sat, 02 Aug 2025DKK 224.1bDKK 61.7bDKK 8.3b29.3x27.1x3.6x
Mon, 30 Jun 2025DKK 233.1bDKK 61.5bDKK 8.3b30.5x28.3x3.8x
Wed, 28 May 2025DKK 243.1bDKK 61.7bDKK 8.3b32x29.4x3.9x
Fri, 25 Apr 2025DKK 252.9bDKK 61.1bDKK 8.5b29.3x29.6x4.1x
Sun, 23 Mar 2025DKK 261.9bDKK 61.4bDKK 8.6b29.8x30.6x4.3x
Tue, 18 Feb 2025DKK 286.9bDKK 61.6bDKK 8.6b32.6x33.5x4.7x
Thu, 16 Jan 2025DKK 293.2bDKK 61.4bDKK 8.3b32.4x35.3x4.8x
Sat, 14 Dec 2024DKK 288.2bDKK 61.2bDKK 8.3b33.8x34.7x4.7x
Mon, 11 Nov 2024DKK 310.7bDKK 61.1bDKK 8.3b36.1x37.5x5.1x
Wed, 09 Oct 2024DKK 301.2bDKK 60.0bDKK 8.4b36.4x36.1x5x
Fri, 06 Sep 2024DKK 308.8bDKK 59.9bDKK 8.3b36.1x37x5.2x
Sun, 04 Aug 2024DKK 308.2bDKK 58.7bDKK 8.3b36.6x37.2x5.3x
Tue, 02 Jul 2024DKK 301.9bDKK 58.6bDKK 8.3b34.8x36.5x5.1x
Thu, 30 May 2024DKK 301.5bDKK 58.6bDKK 8.3b33.7x36.5x5.1x
Sat, 27 Apr 2024DKK 307.1bDKK 58.0bDKK 8.0b35.6x38.2x5.3x
Mon, 25 Mar 2024DKK 330.3bDKK 57.8bDKK 8.0b39.7x41x5.7x
Wed, 21 Feb 2024DKK 325.7bDKK 57.8bDKK 8.1b38x40.5x5.6x
Fri, 19 Jan 2024DKK 285.3bDKK 55.9bDKK 7.7b35.3x37.2x5.1x
Sun, 17 Dec 2023DKK 281.3bDKK 55.9bDKK 7.7b34.9x36.7x5x
Tue, 14 Nov 2023DKK 249.8bDKK 55.9bDKK 7.5b31.5x33.5x4.5x
Thu, 12 Oct 2023DKK 254.8bDKK 55.7bDKK 7.4b34.2x34.4x4.6x
Sat, 09 Sep 2023DKK 271.4bDKK 55.6bDKK 7.4b36.5x36.6x4.9x
Mon, 07 Aug 2023DKK 267.1bDKK 53.5bDKK 7.3b35.7x36.6x5x
Wed, 05 Jul 2023DKK 283.6bDKK 53.4bDKK 7.3b37.4x38.9x5.3x
Fri, 02 Jun 2023DKK 286.0bDKK 53.5bDKK 7.3b38.7x39.2x5.3x
Price to Earnings Ratio

39.2x


Total Market Cap: DKK 286.0bTotal Earnings: DKK 7.3bTotal Revenue: DKK 53.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Medical Equipment Industry Price to Earnings3Y Average 33.2x202420252026
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 33.2x.
  • The 3-year average PS ratio of 4.4x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 9.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.8% 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 Market1.40%
Healthcare1.51%
Medical Equipment2.73%
Medical Equipment6.15%
Medical Supplies-0.17%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 35.4x.
    • Analysts are expecting annual earnings growth of 25.3%, 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 30.7x.
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
DEMANT DemantDKK 244.207.0%
+DKK 3.4b		-6.9%PE21.7x
AMBU B AmbuDKK 67.002.4%
+DKK 410.4m		-34.4%PE37.2x
EMBLA Embla Medical hfDKK 27.053.6%
+DKK 405.4m		-24.4%PE21x
VIRO ViroGatesDKK 10.501.0%
+DKK 928.2k		29.3%PS10.8x

Latest News

DEMANT
DKK 244.20
Demant
7D
7.0%
1Y
-6.9%
COLO B
DKK 404.30
Coloplast
7D
-0.02%
1Y
-37.1%
Analysis Article • May 20

Some May Be Optimistic About Coloplast's (CPH:COLO B) Earnings

Shareholders appeared unconcerned with Coloplast A/S' ( CPH:COLO B ) lackluster earnings report last week. Our analysis...
EMBLA
DKK 27.05
Embla Medical hf
7D
3.6%
1Y
-24.4%
Narrative Update • May 19

EMBLA: Share Cancellations And Renewed Capital Authorisations Will Support Future Upside

Analysts have kept their DKK price target for Embla Medical hf. broadly steady at DKK 33.3, reflecting only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions in their updated models.
AMBU B
DKK 67.00
Ambu
7D
2.4%
1Y
-34.4%
Narrative Update • May 19

AMBU B: Lower P/E Expectations Will Support Future Upside Repricing

Analysts have trimmed their price target on Ambu from DKK 110.34 to DKK 88.80, reflecting a more cautious stance following a downgrade in recent research. The revised target still assumes steady revenue growth and a lower future P/E multiple.
VIRO
DKK 10.50
ViroGates
7D
1.0%
1Y
29.3%