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Finnish (OMX) Healthcare Sector Analysis

UpdatedFeb 27, 2024
DataAggregated Company Financials
Companies14
  • 7D-3.1%
  • 3M4.4%
  • 1Y-16.5%
  • YTD-3.7%

Over the last 7 days, the Healthcare industry has dropped 3.1%, driven by a pullback from Orion Oyj of 3.1%. The industry has fallen 17% in the last year. Earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024€7.9b€4.8b€106.3m26.5x74.2x1.6x
Fri, 26 Jan 2024€8.7b€4.8b€135.4m33.5x64.3x1.8x
Sun, 24 Dec 2023€8.1b€4.8b€135.4m31.8x59.6x1.7x
Tue, 21 Nov 2023€7.7b€4.8b€134.3m30.4x57x1.6x
Thu, 19 Oct 2023€7.6b€5.0b€270.4m27.1x28.1x1.5x
Sat, 16 Sep 2023€7.7b€5.0b€269.6m26.6x28.6x1.5x
Mon, 14 Aug 2023€7.5b€5.0b€276.3m23.6x27.2x1.5x
Wed, 12 Jul 2023€8.0b€5.0b€315.2m38x25.5x1.6x
Fri, 09 Jun 2023€8.5b€5.0b€315.2m39.9x27x1.7x
Sun, 07 May 2023€9.1b€5.0b€314.4m45x29.1x1.8x
Tue, 04 Apr 2023€8.7b€5.0b€343.2m37.5x25.4x1.8x
Thu, 02 Mar 2023€9.2b€5.0b€335.7m37.1x27.4x1.9x
Sat, 28 Jan 2023€10.1b€5.3b€373.8m19.7x27x1.9x
Mon, 26 Dec 2022€10.4b€5.3b€373.8m18.4x27.8x1.9x
Wed, 23 Nov 2022€9.9b€5.3b€384.8m18.9x25.8x1.9x
Fri, 21 Oct 2022€9.0b€5.0b€272.5m17.6x32.9x1.8x
Sun, 18 Sep 2022€9.7b€5.0b€284.2m18.7x34.2x1.9x
Tue, 16 Aug 2022€10.5b€5.0b€291.6m19.7x36x2.1x
Thu, 14 Jul 2022€10.8b€4.9b€277.1m27.2x38.8x2.2x
Sat, 11 Jun 2022€9.2b€4.9b€277.1m26.8x33.2x1.9x
Mon, 09 May 2022€9.0b€4.9b€278.1m26.2x32.5x1.8x
Wed, 06 Apr 2022€10.4b€4.8b€280.7m30.1x36.9x2.2x
Fri, 04 Mar 2022€9.7b€4.8b€280.9m28.8x34.5x2x
Sun, 30 Jan 2022€9.6b€4.6b€269.9m27.1x35.6x2.1x
Tue, 28 Dec 2021€10.3b€4.6b€269.9m27.2x38.1x2.2x
Thu, 25 Nov 2021€10.1b€4.6b€270.3m27.5x37.5x2.2x
Sat, 23 Oct 2021€10.4b€4.6b€267.1m27.7x39x2.3x
Mon, 20 Sep 2021€9.5b€4.6b€271.3m25.1x35x2.1x
Wed, 18 Aug 2021€9.8b€4.6b€277.8m25.4x35.2x2.1x
Wed, 02 Jun 2021€9.8b€4.5b€268.8m24.7x36.4x2.2x
Sat, 06 Mar 2021€8.9b€4.5b€261.3m31.9x34.3x2x
Price to Earnings Ratio

34.3x


Total Market Cap: €8.9bTotal Earnings: €261.3mTotal Revenue: €4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Healthcare Sector Price to Earnings3Y Average 35.6x202220232024
Current Industry PE
  • Investors are optimistic on the Finnish Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 74.2x which is higher than its 3-year average PE of 35.5x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 26% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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 Finnish Healthcare sector?

FI Market-0.78%
Healthcare-3.09%
Biotech-0.34%
Life Sciences-1.32%
Medical Equipment-2.09%
Healthcare Services-2.53%
Pharma-3.45%
Healthtech-4.47%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 217x.
    • Analysts are expecting annual earnings growth of 22.0%, which is lower than the prior year's growth of 102.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Life Sciences industry, expecting annual earnings growth of 56% over the next 5 years.
  • In contrast, the Biotech industry is expected to see its earnings decline by 10% 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
No data available
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Latest News

TTALO

€7.40

Terveystalo Oyj

7D

-2.9%

1Y

2.1%

ORNBV

€37.02

Orion Oyj

7D

-4.9%

1Y

-16.9%

MODU

€0.88

Modulight Oyj

7D

-5.2%

1Y

-67.3%

REG1V

€26.50

Revenio Group Oyj

7D

-1.9%

1Y

-24.1%

NANOFH

€2.85

Nanoform Finland Oyj

7D

-5.0%

1Y

27.8%

AIFORIA

€3.36

Aiforia Technologies Oyj

7D

-8.4%

1Y

-21.9%