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Spanish (IBEX) Healthcare Sector Analysis

UpdatedJan 27, 2023
DataAggregated Company Financials
Companies16
  • 7D2.6%
  • 3M16.5%
  • 1Y-21.1%
  • YTD5.6%

In the last week, the Healthcare industry is up 2.6%, with Grifols up 4.1%. In contrast, the industry has lost 21% in the last 12 months. Earnings are forecast to grow by 25% annually.

Sector Valuation and Performance

Has the Spanish Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Jan 2023€14.7b€8.4b€430.6m13.8x34.2x1.8x
Sun, 25 Dec 2022€13.8b€8.4b€430.5m14.1x32x1.6x
Tue, 22 Nov 2022€13.6b€8.4b€440.1m14.5x30.8x1.6x
Thu, 20 Oct 2022€12.6b€8.4b€462.3m13.4x27.2x1.5x
Sat, 17 Sep 2022€14.9b€8.3b€465.4m13.4x32x1.8x
Mon, 15 Aug 2022€16.4b€8.3b€465.4m14.3x35.2x2x
Wed, 13 Jul 2022€19.0b€7.9b€514.1m14.5x37x2.4x
Fri, 10 Jun 2022€20.2b€7.9b€513.9m14.5x39.3x2.5x
Sun, 08 May 2022€20.4b€7.8b€485.6m14.3x42.1x2.6x
Tue, 05 Apr 2022€20.1b€7.8b€506.8m15.1x39.6x2.6x
Thu, 03 Mar 2022€20.1b€7.7b€475.4m18.1x42.3x2.6x
Sat, 29 Jan 2022€18.5b€7.9b€932.4m16.2x19.8x2.3x
Mon, 27 Dec 2021€19.0b€7.9b€931.9m16.6x20.4x2.4x
Wed, 24 Nov 2021€19.2b€7.8b€911.8m17.7x21.1x2.5x
Fri, 22 Oct 2021€21.6b€7.8b€912.6m19.5x23.7x2.8x
Sun, 19 Sep 2021€22.8b€7.8b€912.6m21.2x25x2.9x
Tue, 17 Aug 2021€22.3b€7.8b€912.6m18.5x24.5x2.9x
Tue, 01 Jun 2021€23.2b€7.7b€876.2m21.7x26.5x3x
Fri, 05 Mar 2021€21.5b€7.8b€977.0m23.1x22x2.7x
Mon, 07 Dec 2020€22.3b€7.9b€1.0b15.5x21.2x2.8x
Thu, 10 Sep 2020€19.9b€7.8b€910.8m16.8x21.9x2.6x
Wed, 03 Jun 2020€23.1b€7.7b€1.0b17x22.4x3x
Sat, 07 Mar 2020€23.1b€7.3b€854.5m19.3x27x3.2x
Price to Earnings Ratio

28.5x


Total Market Cap: €24.3bTotal Earnings: €854.5mTotal Revenue: €7.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Healthcare Sector Price to Earnings3Y Average 26.8x202120222023
Current Industry PE
  • Investors are optimistic on the Spanish Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.2x which is higher than its 3-year average PE of 26.8x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 20% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.6% 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 Spanish Healthcare sector?

ES Market2.49%
Healthcare2.57%
Biotech3.18%
Life Sciences2.48%
Pharma2.17%
Healthtech0%
Healthcare Services-0.19%
Medical Equipment-2.51%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 75.0x.
    • Analysts are expecting annual earnings growth of 54.3%, which is higher than its past year's earnings growth of 5.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Life Sciences industry, expecting annual earnings growth of 81% over the next 5 years.
  • In contrast, the Pharma 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
GRF Grifols€12.564.1%
+€339.5m
-20.1%PE143x
ROVI Laboratorios Farmaceuticos Rovi€38.505.1%
+€100.3m
-39.8%PE11.7x
ALM Almirall€9.230.9%
+€14.5m
-18.8%PE177.5x
CBAV Clínica Baviera€18.703.9%
+€11.4m
-11.8%PE10.3x
RJF Laboratorio Reig Jofre€2.523.7%
+€7.0m
-15.4%PE46x
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Latest News

PHM

€60.38

Pharma Mar

7D

-2.6%

1Y

9.0%

ROVI

€38.50

Laboratorios Farmaceuticos Rovi

7D

5.1%

1Y

-39.8%

GRF

€12.56

Grifols

7D

4.1%

1Y

-20.1%

ATRY

€6.12

Atrys Health

7D

-2.5%

1Y

-37.0%

FAE

€3.44

Faes Farma

7D

-1.4%

1Y

1.6%

ORY

€2.61

Oryzon Genomics

7D

1.0%

1Y

-14.3%

PRM

€11.65

Prim

7D

-2.5%

1Y

-18.0%

CBAV

€18.70

Clínica Baviera

7D

3.9%

1Y

-11.8%

RJF

€2.52

Laboratorio Reig Jofre

7D

3.7%

1Y

-15.4%

PANG

€1.72

Pangaea Oncology

7D

3.0%

1Y

11.0%

EEP

€0.49

Euroespes

7D

-2.0%

1Y

-3.0%