Have your own idea? Try our Stock Screener
Finnish (OMX) Medical Equipment Industry Analysis
UpdatedApr 15, 2026
DataAggregated Company Financials
Companies6
- 7D-2.9%
- 3M-24.5%
- 1Y-23.6%
- YTDn/a
Over the last 7 days, the Medical Equipment industry has dropped 3.0%, driven by Revenio Group Oyj declining 4.6%. Meanwhile, Biohit Oyj actually outperformed within the industry, gaining 5.4% in the last week. However, the industry is down 21% over the past year. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Finnish Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 Apr 2026 | €676.7m | €165.6m | €9.5m | 27.6x | 71.4x | 4.1x |
| Fri, 13 Mar 2026 | €679.7m | €165.5m | €9.4m | 27.3x | 72.1x | 4.1x |
| Sun, 08 Feb 2026 | €801.5m | €163.0m | €10.1m | 25.1x | 79.2x | 4.9x |
| Tue, 06 Jan 2026 | €891.4m | €163.0m | €10.1m | 27.6x | 88x | 5.5x |
| Thu, 04 Dec 2025 | €875.3m | €163.0m | €10.1m | 27.6x | 86.5x | 5.4x |
| Sat, 01 Nov 2025 | €952.1m | €159.6m | €9.7m | 28.1x | 98.4x | 6x |
| Mon, 29 Sep 2025 | €912.1m | €158.3m | €8.9m | 26.7x | 102x | 5.8x |
| Wed, 27 Aug 2025 | €961.9m | €157.3m | €8.1m | 27.3x | 118.8x | 6.1x |
| Fri, 25 Jul 2025 | €1.1b | €154.7m | €8.6m | 28.6x | 125.5x | 7x |
| Sun, 22 Jun 2025 | €1.0b | €154.7m | €8.6m | 26.9x | 116.5x | 6.5x |
| Tue, 20 May 2025 | €1.0b | €154.7m | €8.6m | 28x | 121.4x | 6.8x |
| Thu, 17 Apr 2025 | €905.6m | €150.9m | €8.3m | 24.7x | 109.4x | 6x |
| Sat, 15 Mar 2025 | €971.5m | €150.9m | €8.3m | 26.8x | 116.9x | 6.4x |
| Mon, 10 Feb 2025 | €1.1b | €146.0m | €3.2m | 35.9x | 344.6x | 7.5x |
| Wed, 08 Jan 2025 | €1.0b | €146.0m | €3.2m | 30.3x | 316.6x | 6.9x |
| Fri, 06 Dec 2024 | €984.9m | €146.0m | €3.2m | 29.5x | 309.5x | 6.7x |
| Sun, 03 Nov 2024 | €1.0b | €147.0m | €4.2m | 32x | 240.6x | 6.9x |
| Tue, 01 Oct 2024 | €1.2b | €145.0m | €3.4m | 34.5x | 347.4x | 8.2x |
| Thu, 29 Aug 2024 | €1.1b | €145.0m | €3.4m | 32.7x | 335.6x | 7.9x |
| Sat, 27 Jul 2024 | €1.0b | €140.7m | €2.7m | 30.2x | 388.3x | 7.4x |
| Mon, 24 Jun 2024 | €1.0b | €140.7m | €2.7m | 28x | 378.6x | 7.2x |
| Wed, 22 May 2024 | €1.0b | €140.7m | €2.7m | 28.2x | 377x | 7.1x |
| Fri, 19 Apr 2024 | €867.5m | €140.9m | €3.3m | 25.5x | 260.5x | 6.2x |
| Sun, 17 Mar 2024 | €878.8m | €140.9m | €3.4m | 25.4x | 260x | 6.2x |
| Tue, 13 Feb 2024 | €860.3m | €138.1m | €3.0m | 31.5x | 287.9x | 6.2x |
| Thu, 11 Jan 2024 | €906.0m | €138.1m | €3.0m | 32.7x | 303.2x | 6.6x |
| Sat, 09 Dec 2023 | €829.8m | €138.1m | €3.0m | 31.3x | 277.7x | 6x |
| Mon, 06 Nov 2023 | €812.2m | €137.3m | €3.0m | 30.9x | 271.8x | 5.9x |
| Wed, 04 Oct 2023 | €759.9m | €139.8m | €3.7m | 27.7x | 208.2x | 5.4x |
| Fri, 01 Sep 2023 | €847.2m | €139.8m | €3.7m | 30x | 232.1x | 6.1x |
| Sun, 30 Jul 2023 | €1.1b | €144.5m | €9.3m | 39.7x | 116.2x | 7.5x |
| Tue, 27 Jun 2023 | €1.1b | €144.5m | €9.3m | 39.9x | 116.6x | 7.5x |
| Thu, 25 May 2023 | €1.1b | €144.5m | €9.3m | 39.3x | 116x | 7.5x |
| Sat, 22 Apr 2023 | €1.3b | €141.2m | €9.6m | 46x | 135.6x | 9.3x |
Price to Earnings Ratio
135.6x
Current Industry PE
- Investors are pessimistic on the Finnish Healthcare Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 72.0x which is lower than its 3-year average PE of 208x.
- The 3-year average PS ratio of 6.5x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.4% 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 and as a result, profits have held steady.
Industry Comparison
How does Finnish Medical Equipment compare with similar industries?
| FI Market | 5.77% | |
| Healthcare | 3.12% | |
| Medical Equipment | -2.86% | |
| Medical Equipment | -2.86% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BIOBV Biohit Oyj | €2.33 | 5.4% +€1.8m | -7.6% | PE12.9x | |
| OPTOMED Optomed Oyj | €2.37 | 3.0% +€1.5m | -35.9% | PS3x | |
| NXTMH Nexstim | €9.10 | 0.7% +€432.8k | 12.3% | PE114.5x |
