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Spanish (IBEX) Healthcare Sector Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies14
  • 7D3.2%
  • 3M-1.6%
  • 1Y5.0%
  • YTD-10.6%

Over the last 7 days, the Healthcare industry has risen 3.2%, driven by gains from Grifols of 5.8%. This means that the industry has gained 5.0% over the past year. Earnings are forecast to grow by 29% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024€15.3b€9.9b€288.2m18x53.1x1.5x
Sun, 28 Jan 2024€14.1b€10.0b€332.5m17.7x42.3x1.4x
Tue, 26 Dec 2023€16.5b€10.0b€332.6m17.2x49.5x1.7x
Thu, 23 Nov 2023€15.0b€10.0b€331.5m17.2x45.3x1.5x
Sat, 21 Oct 2023€13.5b€9.8b€302.1m17.4x44.6x1.4x
Mon, 18 Sep 2023€15.9b€9.8b€311.0m19.7x51x1.6x
Wed, 16 Aug 2023€15.6b€9.8b€311.0m21.2x50.2x1.6x
Fri, 14 Jul 2023€13.8b€9.6b€364.7m20.1x37.9x1.4x
Sun, 11 Jun 2023€13.7b€9.6b€364.5m20.6x37.6x1.4x
Tue, 09 May 2023€12.7b€9.3b€546.4m22.2x23.2x1.4x
Thu, 06 Apr 2023€12.3b€9.3b€563.7m18.6x21.7x1.3x
Sat, 04 Mar 2023€14.1b€9.3b€564.2m20.9x25x1.5x
Mon, 30 Jan 2023€14.8b€8.4b€430.6m13.7x34.3x1.8x
Wed, 28 Dec 2022€13.6b€8.4b€430.5m13.7x31.7x1.6x
Fri, 25 Nov 2022€13.8b€8.4b€433.1m14.7x31.8x1.6x
Sun, 23 Oct 2022€12.3b€8.4b€462.3m13.3x26.7x1.5x
Tue, 20 Sep 2022€14.8b€8.3b€461.7m13.8x32x1.8x
Thu, 18 Aug 2022€16.2b€8.3b€465.4m14.4x34.9x2x
Sat, 16 Jul 2022€18.6b€7.9b€514.1m14.5x36.1x2.3x
Mon, 13 Jun 2022€19.6b€7.9b€513.8m14.1x38.2x2.5x
Wed, 11 May 2022€19.7b€7.8b€485.6m14x40.6x2.5x
Fri, 08 Apr 2022€19.8b€7.8b€487.8m14.7x40.6x2.5x
Sun, 06 Mar 2022€18.5b€7.8b€506.8m13.8x36.5x2.4x
Tue, 01 Feb 2022€18.7b€7.9b€932.4m16.6x20.1x2.4x
Thu, 30 Dec 2021€19.5b€7.9b€932.0m17.2x20.9x2.5x
Sat, 27 Nov 2021€19.0b€7.8b€911.8m17.6x20.9x2.4x
Mon, 25 Oct 2021€21.6b€7.8b€912.6m19.3x23.6x2.8x
Wed, 22 Sep 2021€23.1b€7.8b€912.6m21.3x25.3x3x
Fri, 20 Aug 2021€23.2b€7.8b€912.6m18.6x25.4x3x
Fri, 04 Jun 2021€23.2b€7.7b€876.2m21.7x26.5x3x
Mon, 08 Mar 2021€21.5b€7.8b€977.0m23.1x22x2.7x
Price to Earnings Ratio

22x


Total Market Cap: €21.5bTotal Earnings: €977.0mTotal Revenue: €7.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Healthcare Sector Price to Earnings3Y Average 33x202220232024
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 53.1x which is higher than its 3-year average PE of 33.0x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 33% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.3% 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 Market-0.46%
Healthcare3.20%
Biotech6.72%
Healthcare Services5.41%
Medical Equipment1.47%
Healthtech0%
Life Sciences0%
Pharma-0.78%
Industry PE
  • Investors are most optimistic about the Biotech industry which is trading above its 3-year average PE ratio of 94.5x.
    • Analysts are expecting annual earnings growth of 35.8%, which is higher than its past year's earnings decline of 83.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 119% over the next 5 years.
  • This is better than its past earnings growth rate of 8.7% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 19% 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
ROVI Laboratorios Farmaceuticos Rovi€74.053.3%
+€125.4m
77.9%PE23.2x
CBAV Clínica Baviera€26.8010.7%
+€42.4m
41.4%PE13.5x
RJF Laboratorio Reig Jofre€2.529.6%
+€17.3m
-7.0%PE17x
ATRY Atrys Health€3.113.3%
+€7.6m
-48.7%PS1.1x
LAB Labiana Health€1.487.2%
+€712.1k
-53.8%PS0.2x
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Latest News

ORY

€1.85

Oryzon Genomics

7D

-0.9%

1Y

-21.4%

ROVI

€74.05

Laboratorios Farmaceuticos Rovi

7D

3.3%

1Y

77.9%

FAE

€3.00

Faes Farma

7D

-0.2%

1Y

-10.8%

ALM

€7.92

Almirall

7D

-5.5%

1Y

-11.8%

PHM

€30.40

Pharma Mar

7D

-7.7%

1Y

-42.5%

PRM

€10.05

Prim

7D

-2.9%

1Y

-9.5%

ATRY

€3.11

Atrys Health

7D

3.3%

1Y

-48.7%

BST

€0.38

Biotechnology Assets

7D

-1.8%

1Y

49.6%

CBAV

€26.80

Clínica Baviera

7D

10.7%

1Y

41.4%

RJF

€2.52

Laboratorio Reig Jofre

7D

9.6%

1Y

-7.0%

LAB

€1.48

Labiana Health

7D

7.2%

1Y

-53.8%