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French (CAC) Medical Equipment Industry Analysis
UpdatedJan 21, 2022
DataAggregated Company Financials
Companies21
- 7D-2.4%
- 3M-3.1%
- 1Y-17.1%
- YTD-17.1%
Over the last 7 days, the Medical Equipment industry has dropped 6.3%, driven by a decline by bioMérieux of 2.2%. Meanwhile, Visiomed Group actually outperformed within the industry, gaining 13% in the last week. However, the industry is down 16% over the past year.
Industry Valuation and Performance
Has the French Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 21 Jan 2022 | €13.7b | €4.5b | €473.7m | 13.3x |
| Sun, 19 Dec 2021 | €16.0b | €4.5b | €475.9m | 13.9x |
| Tue, 16 Nov 2021 | €14.7b | €4.5b | €475.9m | 14.2x |
| Thu, 14 Oct 2021 | €13.5b | €4.5b | €474.5m | 11.3x |
| Sat, 11 Sep 2021 | €14.8b | €4.4b | €470.3m | 16.2x |
| Mon, 09 Aug 2021 | €13.7b | €4.4b | €462.4m | 15x |
| Sun, 02 May 2021 | €13.3b | €4.4b | €425.5m | 16.1x |
| Wed, 03 Feb 2021 | €16.5b | €4.3b | €374.3m | 14.7x |
| Sat, 07 Nov 2020 | €16.3b | €4.2b | €313.4m | 11.9x |
| Fri, 31 Jul 2020 | €17.3b | €4.0b | €246.0m | 14.8x |
| Mon, 04 May 2020 | €14.4b | €3.9b | €240.1m | 32.6x |
| Thu, 06 Feb 2020 | €11.6b | €3.8b | €234.3m | 25.6x |
| Sun, 10 Nov 2019 | €9.8b | €3.7b | €215.1m | 27.9x |
| Sat, 03 Aug 2019 | €10.0b | €3.6b | €221.1m | 27x |
| Tue, 07 May 2019 | €9.4b | €3.6b | €222.3m | 32.1x |
| Fri, 08 Feb 2019 | €8.7b | €3.5b | €163.3m | 28.3x |
PE Ratio
28.3x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 13.2x which is lower than its 3-year average PE of 21.6x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Medical Equipment industry have grown 43% per year over the last three years, and revenues for these companies have grown 8.4% 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 Medical Equipment industry?
| Medical Supplies | -1.05% | |
| Medical Equipment | -2.41% | |
Industry PE: Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 428x. However analysts are expecting annual earnings growth of 14%, which is lower than the prior year's growth of 24% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 22.2x.
Forecasted Growth: Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 14% over the next 5 years. However this is lower than its past earnings growth rate of 24% per year. Meanwhile, the Medical Equipment industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| ALVMG Visiomed Group | €0.20 | 12.6% +€15.8m | -79.4% | PS50.3x | |
| ALTHE Theraclion | €1.50 | 10.3% +€3.2m | -32.1% | PS20.5x | |
| ALCJ Crossject Société Anonyme | €2.82 | 4.1% +€3.0m | -22.7% | PS12.8x | |
| DGM Diagnostic Medical Systems | €1.33 | 2.6% +€548.1k | -22.9% | PS0.6x | |
| ALICR I.CERAM | €17.65 | 3.8% +€189.9k | -57.6% | PS3.4x |
