Do bioMérieux's (EPA:BIM) Earnings Warrant Your Attention?
Jan 27
French (CAC) Medical Equipment Industry Analysis
UpdatedJan 30, 2023
DataAggregated Company Financials
Companies23
- 7D-4.3%
- 3M4.0%
- 1Y-1.4%
- YTD-2.8%
Over the last 7 days, the Medical Equipment industry has dropped 4.3%, driven by EssilorLuxottica Société anonyme declining 4.8%. Meanwhile, Crossject Société Anonyme actually outperformed within the industry, gaining 8.3% in the last week. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the French Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Jan 2023 | €86.5b | €27.8b | €2.3b | 20.4x | 37.7x | 3.1x |
| Wed, 28 Dec 2022 | €88.9b | €27.8b | €2.3b | 31.7x | 38.8x | 3.2x |
| Fri, 25 Nov 2022 | €90.7b | €27.8b | €2.3b | 32.4x | 39.6x | 3.3x |
| Sun, 23 Oct 2022 | €79.7b | €27.8b | €2.3b | 18.9x | 35x | 2.9x |
| Tue, 20 Sep 2022 | €11.4b | €4.9b | €579.3m | 12.7x | 19.7x | 2.3x |
| Thu, 18 Aug 2022 | €12.9b | €4.8b | €689.6m | 8x | 18.8x | 2.7x |
| Sat, 16 Jul 2022 | €13.6b | €4.8b | €675.0m | 8.7x | 20.1x | 2.8x |
| Mon, 13 Jun 2022 | €11.8b | €4.8b | €672.2m | 13.5x | 17.5x | 2.5x |
| Wed, 11 May 2022 | €11.7b | €4.8b | €671.6m | 13.4x | 17.4x | 2.4x |
| Fri, 08 Apr 2022 | €13.3b | €4.9b | €631.8m | 14.9x | 21x | 2.7x |
| Sun, 06 Mar 2022 | €11.3b | €4.6b | €547.9m | 10.5x | 20.6x | 2.4x |
| Tue, 01 Feb 2022 | €13.8b | €4.5b | €473.7m | 12.7x | 29.1x | 3.1x |
| Thu, 30 Dec 2021 | €16.4b | €4.5b | €475.9m | 14.3x | 34.4x | 3.7x |
| Sat, 27 Nov 2021 | €17.1b | €4.5b | €475.9m | 13.8x | 35.8x | 3.8x |
| Mon, 25 Oct 2021 | €14.1b | €4.5b | €474.1m | 15.5x | 29.7x | 3.2x |
| Wed, 22 Sep 2021 | €14.9b | €4.4b | €470.5m | 16.1x | 31.7x | 3.4x |
| Fri, 20 Aug 2021 | €14.1b | €4.4b | €462.4m | 15.3x | 30.5x | 3.2x |
| Fri, 04 Jun 2021 | €12.6b | €4.4b | €425.5m | 15x | 29.6x | 2.9x |
| Mon, 08 Mar 2021 | €13.9b | €4.3b | €374.3m | 13x | 37.1x | 3.2x |
| Thu, 10 Dec 2020 | €15.6b | €4.2b | €313.4m | 12.9x | 49.7x | 3.7x |
| Wed, 02 Sep 2020 | €16.0b | €4.0b | €246.0m | 14x | 65.2x | 4x |
| Sat, 06 Jun 2020 | €16.3b | €3.9b | €240.1m | 24.7x | 68.1x | 4.2x |
| Tue, 10 Mar 2020 | €10.9b | €3.8b | €234.3m | 36.1x | 46.4x | 2.9x |
Price to Earnings Ratio
49.5x
Current Industry PE
- Investors are relatively neutral on the French Medical Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 38.2x.
- The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have grown 114% per year over the last three years.
- Revenues for these companies have grown 94% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the French Healthcare industry?
| FR Market | 1.41% | |
| Healthcare | -1.57% | |
| Medical Equipment | -4.26% | |
| Medical Equipment | -1.36% | |
| Medical Supplies | -4.72% | |
Industry PE
- Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 36.4x.
- Analysts are expecting annual earnings growth of 11.9%, which is lower than the prior year's growth of 32.0% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 37.8x.
Forecasted Growth
- Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 32% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 5.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ALCJ Crossject Société Anonyme | €4.58 | 7.5% +€9.6m | 77.9% | PS21.4x | |
| ALCOR Biocorp Production | €23.10 | 6.5% +€6.2m | -20.3% | PS10.5x | |
| ALVMG Visiomed Group | €0.36 | 3.6% +€3.0m | 64.5% | PS5.6x | |
| AMPLI Amplitude Surgical | €3.26 | 1.9% +€2.9m | 49.5% | PS1.8x | |
| ALIKO Ikonisys | €1.75 | 8.7% +€1.3m | -32.9% | PS31.2x |
