Earnings Beat: Embla Medical hf. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 26
Danish (OMX) Medical Equipment Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies5
- 7D1.8%
- 3M-0.8%
- 1Y4.6%
- YTD9.2%
In the last week, the Medical Equipment industry is up 1.8%, with Coloplast up 3.2%. This means that the industry has gained 4.6% over the past year. 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | DKK 304.9b | DKK 58.7b | DKK 8.3b | 35.7x | 36.8x | 5.2x |
| Sun, 23 Jun 2024 | DKK 304.7b | DKK 58.7b | DKK 8.3b | 33.9x | 36.8x | 5.2x |
| Tue, 21 May 2024 | DKK 311.0b | DKK 58.6b | DKK 8.3b | 34.9x | 37.6x | 5.3x |
| Thu, 18 Apr 2024 | DKK 313.2b | DKK 57.8b | DKK 8.1b | 36.7x | 38.9x | 5.4x |
| Sat, 16 Mar 2024 | DKK 333.2b | DKK 57.7b | DKK 8.0b | 39.3x | 41.4x | 5.8x |
| Mon, 12 Feb 2024 | DKK 324.2b | DKK 57.8b | DKK 8.1b | 37.1x | 40.3x | 5.6x |
| Wed, 10 Jan 2024 | DKK 281.7b | DKK 55.9b | DKK 7.7b | 35.5x | 36.8x | 5x |
| Fri, 08 Dec 2023 | DKK 272.6b | DKK 55.9b | DKK 7.7b | 34.3x | 35.6x | 4.9x |
| Sun, 05 Nov 2023 | DKK 262.0b | DKK 55.7b | DKK 7.5b | 30.3x | 35.1x | 4.7x |
| Tue, 03 Oct 2023 | DKK 263.1b | DKK 55.7b | DKK 7.4b | 34.5x | 35.5x | 4.7x |
| Thu, 31 Aug 2023 | DKK 265.5b | DKK 55.4b | DKK 7.4b | 34.9x | 36x | 4.8x |
| Sat, 29 Jul 2023 | DKK 276.7b | DKK 53.5b | DKK 7.3b | 37x | 38x | 5.2x |
| Mon, 26 Jun 2023 | DKK 286.5b | DKK 53.4b | DKK 7.3b | 38.1x | 39.3x | 5.4x |
| Wed, 24 May 2023 | DKK 290.1b | DKK 53.5b | DKK 7.3b | 39.2x | 39.8x | 5.4x |
| Fri, 21 Apr 2023 | DKK 302.4b | DKK 52.7b | DKK 7.3b | 44.4x | 41.6x | 5.7x |
| Sun, 19 Mar 2023 | DKK 286.6b | DKK 71.5b | DKK 7.8b | 38.4x | 36.9x | 4x |
| Tue, 14 Feb 2023 | DKK 279.3b | DKK 71.5b | DKK 7.8b | 40.2x | 35.9x | 3.9x |
| Thu, 12 Jan 2023 | DKK 284.6b | DKK 68.6b | DKK 8.2b | 37.7x | 34.6x | 4.1x |
| Sat, 10 Dec 2022 | DKK 282.4b | DKK 68.7b | DKK 8.2b | 38.5x | 34.3x | 4.1x |
| Mon, 07 Nov 2022 | DKK 269.4b | DKK 67.0b | DKK 8.7b | 35.9x | 31x | 4x |
| Wed, 05 Oct 2022 | DKK 261.7b | DKK 67.0b | DKK 8.8b | 31.3x | 29.8x | 3.9x |
| Fri, 02 Sep 2022 | DKK 280.6b | DKK 66.3b | DKK 8.8b | 28.3x | 31.8x | 4.2x |
| Sun, 31 Jul 2022 | DKK 307.1b | DKK 63.9b | DKK 9.0b | 29.7x | 34.2x | 4.8x |
| Tue, 28 Jun 2022 | DKK 303.7b | DKK 63.8b | DKK 9.0b | 29.5x | 33.7x | 4.8x |
| Thu, 26 May 2022 | DKK 301.5b | DKK 63.8b | DKK 9.0b | 32x | 33.5x | 4.7x |
| Sat, 23 Apr 2022 | DKK 365.8b | DKK 63.0b | DKK 9.8b | 38.1x | 37.5x | 5.8x |
| Mon, 21 Mar 2022 | DKK 365.2b | DKK 62.9b | DKK 9.8b | 39.5x | 37.4x | 5.8x |
| Wed, 16 Feb 2022 | DKK 358.2b | DKK 62.8b | DKK 9.7b | 38.2x | 36.8x | 5.7x |
| Fri, 14 Jan 2022 | DKK 394.7b | DKK 61.2b | DKK 9.4b | 44.2x | 41.9x | 6.5x |
| Sun, 12 Dec 2021 | DKK 416.3b | DKK 61.2b | DKK 9.4b | 47.2x | 44.2x | 6.8x |
| Tue, 09 Nov 2021 | DKK 430.9b | DKK 61.0b | DKK 9.4b | 49.2x | 45.8x | 7.1x |
| Thu, 07 Oct 2021 | DKK 399.7b | DKK 60.4b | DKK 9.3b | 45.8x | 42.9x | 6.6x |
| Sat, 04 Sep 2021 | DKK 459.5b | DKK 60.2b | DKK 9.3b | 51.5x | 49.3x | 7.6x |
| Mon, 02 Aug 2021 | DKK 488.1b | DKK 60.2b | DKK 9.3b | 53.6x | 52.4x | 8.1x |
Price to Earnings Ratio
52.4x
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 37.9x.
- The industry is trading close to its 3-year average PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have declined 3.8% 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 | 0.34% | |
| Healthcare | -0.20% | |
| Medical Equipment | 1.81% | |
| Medical Supplies | 3.21% | |
| Medical Equipment | -0.78% | |
Industry PE
- Investors are most optimistic about the Medical Supplies industry, which is trading close to its 3-year average PE ratio of 40.3x.
- Analysts are expecting annual earnings growth of 12.5%, which is higher than its past year's earnings growth of 3.4% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 35.2x.
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 24% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 13% 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 892.60 | 4.1% +DKK 7.9b | 6.6% | PE40.4x | |
| DEMANT Demant | DKK 255.00 | 2.2% +DKK 1.2b | -5.6% | PE21.8x | |
| AMBU B Ambu | DKK 136.65 | 2.0% +DKK 719.0m | 34.2% | PE99.2x | |
| EMBLA Embla Medical hf | DKK 30.90 | 4.4% +DKK 555.0m | -1.7% | PE31.4x |
