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Finnish (OMX) Medical Equipment Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies6
  • 7D5.6%
  • 3M12.4%
  • 1Y-10.4%
  • YTDn/a

In the last week, the Medical Equipment industry is up 5.6%, with Revenio Group Oyj up 6.4%. In contrast, the industry has lost 10% in the last 12 months. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024€1.0b€140.7m€2.7m29.1x383.8x7.3x
Tue, 16 Apr 2024€918.5m€140.9m€3.3m26.6x275.8x6.5x
Thu, 14 Mar 2024€880.4m€141.0m€3.4m25.6x261.2x6.2x
Sat, 10 Feb 2024€900.6m€138.1m€3.0m32.7x301.4x6.5x
Mon, 08 Jan 2024€897.6m€138.1m€3.0m32.5x300.4x6.5x
Wed, 06 Dec 2023€820.6m€138.1m€3.0m31.1x274.7x5.9x
Fri, 03 Nov 2023€814.9m€137.6m€2.1m31x397.3x5.9x
Sun, 01 Oct 2023€777.3m€139.8m€3.7m27.9x212.9x5.6x
Tue, 29 Aug 2023€836.3m€139.8m€3.7m30x229.1x6x
Thu, 27 Jul 2023€1.1b€144.5m€9.3m38.6x113.5x7.3x
Sat, 24 Jun 2023€1.1b€144.5m€9.3m40.4x118x7.6x
Mon, 22 May 2023€1.1b€144.5m€9.3m41.1x121.1x7.8x
Wed, 19 Apr 2023€1.3b€141.2m€9.6m44.8x134.5x9.2x
Fri, 17 Mar 2023€1.2b€142.3m€9.6m42x121.2x8.2x
Sun, 12 Feb 2023€1.3b€143.5m€8.2m45.2x156.4x8.9x
Tue, 10 Jan 2023€1.2b€139.3m€8.0m46.2x154.4x8.8x
Thu, 08 Dec 2022€1.3b€139.3m€8.0m49.2x160.2x9.2x
Sat, 05 Nov 2022€1.2b€138.2m€8.4m47.2x145.7x8.9x
Mon, 03 Oct 2022€1.2b€133.5m€7.1m43.3x169.5x9x
Wed, 31 Aug 2022€1.4b€133.5m€7.1m47.8x199.5x10.6x
Fri, 29 Jul 2022€1.6b€124.7m€5.9m70.9x269.9x12.8x
Sun, 26 Jun 2022€1.4b€124.7m€5.9m61.9x242.8x11.5x
Tue, 24 May 2022€1.6b€124.7m€5.9m66.9x263.8x12.5x
Thu, 21 Apr 2022€1.7b€122.0m€5.7m75.2x304.8x14.2x
Sat, 19 Mar 2022€1.7b€110.7m€10.7m69.7x154.2x14.9x
Mon, 14 Feb 2022€1.7b€104.5m€8.7m66x200.2x16.6x
Wed, 12 Jan 2022€2.1b€104.5m€8.7m79.8x241.6x20.1x
Fri, 10 Dec 2021€2.2b€104.5m€8.7m85x257.5x21.4x
Sun, 07 Nov 2021€2.4b€105.1m€9.2m86.3x258.1x22.6x
Tue, 05 Oct 2021€2.2b€101.5m€7.6m89.1x284.4x21.4x
Thu, 02 Sep 2021€1.9b€101.5m€7.6m105.3x254.7x19.1x
Sat, 31 Jul 2021€2.1b€101.5m€7.6m113.1x276.2x20.7x
Price to Earnings Ratio

329.1x


Total Market Cap: €1.9bTotal Earnings: €5.8mTotal Revenue: €93.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Medical Equipment Industry Price to Earnings3Y Average 219.9x202220232024
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 384x which is higher than its 3-year average PE of 220x.
  • The 3-year average PS ratio of 11.5x 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 23% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% 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 Market1.18%
Healthcare0.66%
Medical Equipment5.59%
Medical Equipment5.59%
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
REG1V Revenio Group Oyj€29.086.4%
+€46.3m
-11.6%PE41.8x
MODU Modulight Oyj€1.0612.4%
+€5.0m
-55.4%PS6.6x
OPTOMED Optomed Oyj€5.612.6%
+€2.5m
56.9%PS6.7x
NXTMH Nexstim€2.902.5%
+€473.6k
-23.5%PS2.3x
BIOBV Biohit Oyj€2.010.5%
+€151.7k
12.9%PE16.5x
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Latest News

NXTMH

€2.90

Nexstim

7D

2.5%

1Y

-23.5%

MODU

€1.06

Modulight Oyj

7D

12.4%

1Y

-55.4%

BRETEC

€2.66

Bioretec Oy

7D

-0.4%

1Y

10.8%

BIOBV

€2.01

Biohit Oyj

7D

0.5%

1Y

12.9%