Egyptian (OMX) Healthcare Sector Analysis
- 7D-1.4%
- 3M8.3%
- 1Y-2.4%
- YTD-1.2%
Over the last 7 days, the Healthcare industry has dropped 1.4%, driven by a pullback from Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda)E of 6.3%. Meanwhile, MINAPHARM Pharmaceuticals actually outperformed within the industry, gaining 7.7% in the last week. As for the longer term, the industry's performance has been flat for the past year.
Sector Valuation and Performance
Has the Egyptian Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 20 Jan 2022 | ج.م28.1b | ج.م37.1b | ج.م2.5b | 10.5x |
| Sat, 18 Dec 2021 | ج.م27.5b | ج.م37.1b | ج.م2.5b | 9.7x |
| Mon, 15 Nov 2021 | ج.م27.5b | ج.م36.0b | ج.م2.4b | 9.4x |
| Wed, 13 Oct 2021 | ج.م26.4b | ج.م35.8b | ج.م2.4b | 11x |
| Fri, 10 Sep 2021 | ج.م28.8b | ج.م35.9b | ج.م2.4b | 13.2x |
| Sun, 08 Aug 2021 | ج.م26.6b | ج.م35.8b | ج.م2.4b | 12.4x |
| Sat, 01 May 2021 | ج.م25.7b | ج.م34.2b | ج.م2.2b | 10.4x |
| Tue, 02 Feb 2021 | ج.م26.8b | ج.م33.3b | ج.م2.1b | 9.7x |
| Fri, 06 Nov 2020 | ج.م27.0b | ج.م32.8b | ج.م2.1b | 8.6x |
| Mon, 10 Aug 2020 | ج.م28.2b | ج.م32.2b | ج.م2.1b | 9.4x |
| Sun, 03 May 2020 | ج.م26.9b | ج.م31.6b | ج.م2.1b | 7.9x |
| Wed, 05 Feb 2020 | ج.م31.9b | ج.م30.6b | ج.م2.0b | 9.8x |
| Sat, 09 Nov 2019 | ج.م29.7b | ج.م28.4b | ج.م1.7b | 11.1x |
| Fri, 02 Aug 2019 | ج.م31.1b | ج.م27.0b | ج.م1.6b | 15.6x |
| Mon, 06 May 2019 | ج.م33.2b | ج.م25.9b | ج.م1.7b | 13x |
| Thu, 07 Feb 2019 | ج.م28.9b | ج.م24.7b | ج.م1.7b | 12.5x |
12.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 11.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Healthcare industry have grown 13% per year over the last three years, and revenues for these companies have grown 15% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Egyptian Healthcare sector?
| Healthcare Services | -0.70% | |
| Pharma | -2.06% | |
Industry PE: Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 22.9x. However analysts are expecting annual earnings growth of 22%, which is lower than the prior year's growth of 34% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 7.8x.
Forecasted Growth: Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 23% over the next 5 years. This is better than it's past earnings growth rate of 8.7% per year. Meanwhile, the Healthcare Services industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| MIPH MINAPHARM Pharmaceuticals | ج.م156.37 | 7.7% +ج.م137.7m | 80.8% | PE4.3x |