Header cover image

Finnish (OMX) Medical Equipment Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.9%
  • 3M15.9%
  • 1Y-6.1%
  • YTDn/a

Over the last 7 days, the Medical Equipment industry has dropped 2.9%, driven by a pullback from Revenio Group Oyj of 2.8%. The industry has fallen 6.1% in the last year. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Finnish Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024€1.0b€140.7m€2.7m29.9x385.2x7.3x
Sun, 23 Jun 2024€1.0b€140.7m€2.7m28x378.6x7.2x
Tue, 21 May 2024€1.1b€140.7m€2.7m29.7x396.6x7.5x
Thu, 18 Apr 2024€890.4m€140.9m€3.3m26x267.4x6.3x
Sat, 16 Mar 2024€878.8m€140.9m€3.4m25.4x260x6.2x
Mon, 12 Feb 2024€900.6m€138.1m€3.0m32.7x301.4x6.5x
Wed, 10 Jan 2024€915.1m€138.1m€3.0m33.1x306.3x6.6x
Fri, 08 Dec 2023€814.7m€138.1m€3.0m31.1x272.7x5.9x
Sun, 05 Nov 2023€812.2m€137.3m€3.0m30.9x271.8x5.9x
Tue, 03 Oct 2023€777.3m€139.8m€3.7m27.5x212.9x5.6x
Thu, 31 Aug 2023€830.6m€139.8m€3.7m29.7x227.5x5.9x
Sat, 29 Jul 2023€1.1b€144.5m€9.3m39.7x116.2x7.5x
Mon, 26 Jun 2023€1.1b€144.5m€9.3m40.4x118x7.6x
Wed, 24 May 2023€1.1b€144.5m€9.3m40x117.7x7.6x
Fri, 21 Apr 2023€1.3b€141.2m€9.6m44.3x133.4x9.1x
Sun, 19 Mar 2023€1.2b€141.3m€9.6m42.3x121x8.3x
Tue, 14 Feb 2023€1.3b€143.5m€8.2m44.8x156.2x8.9x
Thu, 12 Jan 2023€1.2b€139.3m€8.0m45.8x152.5x8.7x
Sat, 10 Dec 2022€1.3b€139.3m€8.0m49.2x161.3x9.2x
Mon, 07 Nov 2022€1.2b€139.4m€7.9m47.2x155.8x8.8x
Wed, 05 Oct 2022€1.3b€133.5m€7.1m44.8x176.9x9.4x
Fri, 02 Sep 2022€1.4b€133.5m€7.1m46.3x194.4x10.4x
Sun, 31 Jul 2022€1.6b€124.7m€5.9m72.7x275.8x13.1x
Tue, 28 Jun 2022€1.5b€124.7m€5.9m63.4x248x11.8x
Thu, 26 May 2022€1.5b€124.7m€5.9m66.7x261.1x12.4x
Sat, 23 Apr 2022€1.7b€122.0m€5.7m71.8x292.4x13.6x
Mon, 21 Mar 2022€1.7b€110.7m€10.7m69.7x154.2x14.9x
Wed, 16 Feb 2022€1.7b€104.5m€8.7m65.8x200.3x16.6x
Fri, 14 Jan 2022€2.1b€104.5m€8.7m77.1x236.3x19.6x
Sun, 12 Dec 2021€2.2b€104.5m€8.7m84x254.9x21.2x
Tue, 09 Nov 2021€2.4b€105.1m€8.7m88.4x277.3x22.9x
Thu, 07 Oct 2021€2.1b€101.5m€7.6m89x278.5x20.9x
Sat, 04 Sep 2021€2.0b€101.5m€7.6m106.8x257.9x19.4x
Mon, 02 Aug 2021€2.1b€101.5m€7.6m114.3x279x21x
Price to Earnings Ratio

279x


Total Market Cap: €2.1bTotal Earnings: €7.6mTotal Revenue: €101.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Medical Equipment Industry Price to Earnings3Y Average 226.1x202220232024
Current Industry PE
  • Investors are optimistic on the Finnish Healthcare Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 385x which is higher than its 3-year average PE of 226x.
  • The 3-year average PS ratio of 10.8x is higher than the industry's current PS ratio of 7.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 30% per year over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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 Comparison

How does Finnish Medical Equipment compare with similar industries?

FI Market-1.31%
Healthcare2.12%
Medical Equipment-2.86%
Medical Equipment-2.86%
Medical Supplies0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MODU Modulight Oyj€1.101.9%
+€851.3k
-49.5%PS6.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

OPTOMED

€5.92

Optomed Oyj

7D

-0.2%

1Y

89.4%

BRETEC

€2.85

Bioretec Oy

7D

-2.4%

1Y

13.5%

NXTMH

€2.89

Nexstim

7D

-2.4%

1Y

-14.7%

MODU

€1.10

Modulight Oyj

7D

1.9%

1Y

-49.5%

BIOBV

€2.14

Biohit Oyj

7D

-2.3%

1Y

15.1%