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Danish (OMX) Medical Equipment Industry Analysis
UpdatedDec 07, 2024
DataAggregated Company Financials
Companies4
- 7D1.2%
- 3M-3.7%
- 1Y3.4%
- YTDn/a
Over the last 7 days, the Medical Equipment industry has dropped 1.1%, driven by a pullback from Demant of 0.7%. This takes the industry's 12 month performance to a gain of 6.0%. Looking forward, earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Sat, 07 Dec 2024 | DKK 104.5b | DKK 34.2b | DKK 3.2b | 31.5x | 32.2x | 3.1x |
| Mon, 04 Nov 2024 | DKK 106.2b | DKK 33.9b | DKK 3.4b | 31.3x | 30.8x | 3.1x |
| Wed, 02 Oct 2024 | DKK 105.2b | DKK 33.6b | DKK 3.4b | 33.2x | 31.1x | 3.1x |
| Fri, 30 Aug 2024 | DKK 116.4b | DKK 33.4b | DKK 3.3b | 31.4x | 35.3x | 3.5x |
| Sun, 28 Jul 2024 | DKK 105.4b | DKK 33.2b | DKK 3.3b | 31.5x | 31.7x | 3.2x |
| Tue, 25 Jun 2024 | DKK 116.9b | DKK 33.1b | DKK 3.3b | 30.4x | 35.4x | 3.5x |
| Thu, 23 May 2024 | DKK 118.6b | DKK 33.1b | DKK 3.3b | 31.3x | 36x | 3.6x |
| Sat, 20 Apr 2024 | DKK 109.4b | DKK 32.9b | DKK 3.2b | 30.8x | 34.3x | 3.3x |
| Mon, 18 Mar 2024 | DKK 122.0b | DKK 32.7b | DKK 3.2b | 35.2x | 38.4x | 3.7x |
| Wed, 14 Feb 2024 | DKK 123.1b | DKK 32.8b | DKK 3.2b | 34.4x | 38.6x | 3.8x |
| Fri, 12 Jan 2024 | DKK 106.9b | DKK 31.4b | DKK 2.9b | 33.8x | 37.2x | 3.4x |
| Sun, 10 Dec 2023 | DKK 100.5b | DKK 31.5b | DKK 2.9b | 32.1x | 34.9x | 3.2x |
| Tue, 07 Nov 2023 | DKK 90.7b | DKK 31.4b | DKK 2.7b | 28.1x | 34x | 2.9x |
| Thu, 05 Oct 2023 | DKK 93.0b | DKK 31.4b | DKK 2.6b | 32x | 35.4x | 3x |
| Sat, 02 Sep 2023 | DKK 96.8b | DKK 31.2b | DKK 2.6b | 33.3x | 37x | 3.1x |
| Mon, 31 Jul 2023 | DKK 98.9b | DKK 29.4b | DKK 2.5b | 34.5x | 39.7x | 3.4x |
| Wed, 28 Jun 2023 | DKK 103.8b | DKK 29.3b | DKK 2.5b | 36.4x | 41.8x | 3.5x |
| Fri, 26 May 2023 | DKK 100.1b | DKK 29.4b | DKK 2.5b | 34.4x | 40.3x | 3.4x |
| Sun, 23 Apr 2023 | DKK 102.8b | DKK 29.1b | DKK 2.6b | 45.2x | 39x | 3.5x |
| Tue, 21 Mar 2023 | DKK 107.7b | DKK 47.9b | DKK 3.1b | 40.4x | 34.2x | 2.2x |
| Thu, 16 Feb 2023 | DKK 110.5b | DKK 47.9b | DKK 3.1b | 45.2x | 35.1x | 2.3x |
| Sat, 14 Jan 2023 | DKK 106.0b | DKK 46.0b | DKK 3.5b | 37.6x | 30.1x | 2.3x |
| Mon, 12 Dec 2022 | DKK 101.1b | DKK 46.2b | DKK 3.5b | 35.8x | 28.6x | 2.2x |
| Wed, 09 Nov 2022 | DKK 100.0b | DKK 45.4b | DKK 3.9b | 32x | 25.5x | 2.2x |
| Fri, 07 Oct 2022 | DKK 91.0b | DKK 45.5b | DKK 4.0b | 24.8x | 22.8x | 2x |
| Sun, 04 Sep 2022 | DKK 107.7b | DKK 44.6b | DKK 4.0b | 28.5x | 26.7x | 2.4x |
| Tue, 02 Aug 2022 | DKK 127.7b | DKK 43.3b | DKK 4.2b | 30.2x | 30.1x | 3x |
| Thu, 30 Jun 2022 | DKK 123.5b | DKK 43.2b | DKK 4.3b | 28.9x | 29x | 2.9x |
| Sat, 28 May 2022 | DKK 131.4b | DKK 43.1b | DKK 4.3b | 31x | 30.9x | 3x |
| Mon, 25 Apr 2022 | DKK 148.1b | DKK 43.2b | DKK 4.9b | 32.8x | 30.5x | 3.4x |
| Wed, 23 Mar 2022 | DKK 150.8b | DKK 43.1b | DKK 4.9b | 32.6x | 31x | 3.5x |
| Fri, 18 Feb 2022 | DKK 153.9b | DKK 42.9b | DKK 4.8b | 32.2x | 31.7x | 3.6x |
| Sun, 16 Jan 2022 | DKK 181.3b | DKK 41.7b | DKK 4.6b | 44.5x | 39.5x | 4.3x |
| Tue, 14 Dec 2021 | DKK 189.0b | DKK 41.8b | DKK 4.6b | 43.6x | 41.1x | 4.5x |
Price to Earnings Ratio
41.1x
Current Industry PE
- Investors are relatively neutral on the Danish Healthcare 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 33.8x.
- The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have declined 11% per year over the last three years,
- Revenues have also declined 6.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Danish Medical Equipment compare with similar industries?
| DK Market | 2.35% | |
| Healthcare | 3.15% | |
| Medical Equipment | -1.98% | |
| Medical Equipment | 1.24% | |
| Medical Supplies | -3.64% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DEMANT Demant | DKK 273.00 | 1.4% +DKK 827.3m | -6.9% | PE23.4x | |
| EMBLA Embla Medical hf | DKK 36.00 | 3.2% +DKK 469.6m | 30.0% | PE31.5x | |
| VIRO ViroGates | DKK 15.10 | 10.2% +DKK 10.8m | 136.7% | PS16.1x |