Take Care Before Diving Into The Deep End On Induction Healthcare Group PLC (LON:INHC)
Mar 15
U.K. (FTSE) Healthtech Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies8
- 7D-0.06%
- 3M5.9%
- 1Y52.5%
- YTDn/a
The Healthtech industry has been flat over the last week, but Renalytix has lost 15%. The past year has been better, since the industry has gained 52% in that time. Looking forward, earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the U.K. Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | UK£866.4m | UK£184.0m | -UK£17,512,640.68 | 58x | -49.5x | 4.7x |
| Mon, 25 Mar 2024 | UK£868.6m | UK£183.1m | -UK£17,560,771.64 | 56.5x | -49.5x | 4.7x |
| Wed, 21 Feb 2024 | UK£823.6m | UK£174.3m | -UK£17,190,907.48 | 101.4x | -47.9x | 4.7x |
| Fri, 19 Jan 2024 | UK£2.2b | UK£419.8m | -UK£18,252,467.00 | 59.8x | -118.9x | 5.2x |
| Sun, 17 Dec 2023 | UK£2.2b | UK£420.0m | -UK£18,238,711.00 | 59.8x | -117.9x | 5.1x |
| Tue, 14 Nov 2023 | UK£2.1b | UK£427.4m | -UK£55,177,386.00 | 56.8x | -38.8x | 5x |
| Thu, 12 Oct 2023 | UK£2.1b | UK£428.0m | -UK£57,501,541.00 | 56.1x | -36.1x | 4.9x |
| Sat, 09 Sep 2023 | UK£2.1b | UK£423.3m | -UK£47,140,090.00 | 40.2x | -45.6x | 5.1x |
| Mon, 07 Aug 2023 | UK£1.8b | UK£415.5m | -UK£44,239,149.00 | 30.7x | -40.4x | 4.3x |
| Wed, 05 Jul 2023 | UK£1.7b | UK£413.4m | -UK£34,961,288.00 | 30.5x | -49.2x | 4.2x |
| Fri, 02 Jun 2023 | UK£1.7b | UK£414.3m | -UK£38,739,163.00 | 51.7x | -43.4x | 4.1x |
| Sun, 30 Apr 2023 | UK£1.9b | UK£405.5m | -UK£46,408,266.00 | 71.1x | -40.3x | 4.6x |
| Tue, 28 Mar 2023 | UK£1.9b | UK£408.2m | -UK£48,623,822.00 | 68x | -39.3x | 4.7x |
| Thu, 23 Feb 2023 | UK£2.1b | UK£407.0m | -UK£48,530,381.00 | 72.1x | -43.5x | 5.2x |
| Sat, 21 Jan 2023 | UK£2.1b | UK£403.1m | -UK£47,445,833.00 | 76x | -44.5x | 5.2x |
| Mon, 19 Dec 2022 | UK£2.2b | UK£405.5m | -UK£47,968,926.00 | 82.6x | -45x | 5.3x |
| Wed, 16 Nov 2022 | UK£2.2b | UK£403.4m | -UK£50,323,766.00 | 85.3x | -44.4x | 5.5x |
| Fri, 14 Oct 2022 | UK£21.7b | UK£410.2m | -UK£55,957,994.00 | 70.7x | -387x | 52.8x |
| Sun, 11 Sep 2022 | UK£2.2b | UK£352.3m | -UK£54,480,490.00 | 84.9x | -39.8x | 6.2x |
| Tue, 09 Aug 2022 | UK£2.2b | UK£345.4m | -UK£53,790,524.00 | 87.1x | -40.9x | 6.4x |
| Thu, 07 Jul 2022 | UK£2.2b | UK£347.2m | -UK£54,379,578.00 | 75.2x | -39.6x | 6.2x |
| Sat, 04 Jun 2022 | UK£1.8b | UK£342.2m | -UK£47,716,468.00 | 79.9x | -36.7x | 5.1x |
| Mon, 02 May 2022 | UK£1.9b | UK£340.5m | -UK£47,513,464.00 | 86.8x | -40.6x | 5.7x |
| Wed, 30 Mar 2022 | UK£1.9b | UK£321.9m | -UK£42,083,111.00 | 84.9x | -45.6x | 6x |
| Fri, 25 Feb 2022 | UK£2.0b | UK£285.5m | -UK£39,061,052.00 | 78.9x | -50.8x | 6.9x |
| Sun, 23 Jan 2022 | UK£2.4b | UK£285.9m | -UK£31,132,837.00 | 99.1x | -77.7x | 8.5x |
| Tue, 21 Dec 2021 | UK£2.5b | UK£287.3m | -UK£31,595,068.00 | 96x | -79.3x | 8.7x |
| Thu, 18 Nov 2021 | UK£2.8b | UK£281.9m | -UK£26,291,131.00 | 100.4x | -107.9x | 10.1x |
| Sat, 16 Oct 2021 | UK£2.8b | UK£280.4m | -UK£20,130,436.00 | 99x | -140.4x | 10.1x |
| Mon, 13 Sep 2021 | UK£2.9b | UK£266.2m | -UK£11,868,606.48 | 69.1x | -247.7x | 11x |
| Wed, 11 Aug 2021 | UK£3.0b | UK£266.2m | -UK£11,868,606.48 | 65.6x | -253.1x | 11.3x |
| Sun, 06 Jun 2021 | UK£2.8b | UK£262.9m | -UK£11,200,303.48 | 49.7x | -247.2x | 10.5x |
Price to Earnings Ratio
-259.6x
Current Industry PE
- Investors are pessimistic on the British Health Care Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Health Care Technology industry have deteriorated over the last three years.
- Revenues have also declined 11% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Comparison
How does U.K. Healthtech compare with similar industries?
| GB Market | 2.25% | |
| Healthcare | 7.50% | |
| Healthtech | -0.063% | |
| Healthtech | -0.063% | |
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 | |
|---|---|---|---|---|---|
| EMIS EMIS Group | UK£19.20 | 0.1% +UK£16.1m | 2.8% | PE40.4x | |
| INS Instem | UK£8.30 | 0.3% +UK£10.2m | 23.9% | PE59.8x | |
| IUG Intelligent Ultrasound Group | UK£0.088 | 4.1% +UK£1.1m | -44.0% | PS2.8x | |
| IQAI IQ-AI | UK£0.016 | 6.7% +UK£221.7k | -33.3% | PS6.3x |