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U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies24
  • 7D2.0%
  • 3M4.6%
  • 1Y-9.8%
  • YTD-13.2%

Over the last 7 days, the Medical Equipment industry has risen 2.0%, driven by gains from Smith & Nephew of 3.3%. Meanwhile, INSPECS Group actually underperformed within the industry, shrinking 18% in the last week. In the past year, the industry is down 9.8%. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the U.K. Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022UK£16.1bUK£6.6bUK£340.0m26.9x47.3x2.4x
Wed, 26 Oct 2022UK£14.8bUK£7.0bUK£386.3m26.3x38.4x2.1x
Fri, 23 Sep 2022UK£15.1bUK£7.1bUK£407.7m19.9x37x2.1x
Sun, 21 Aug 2022UK£16.1bUK£6.8bUK£389.3m21.5x41.4x2.4x
Tue, 19 Jul 2022UK£16.7bUK£6.7bUK£435.0m19x38.3x2.5x
Thu, 16 Jun 2022UK£16.7bUK£6.5bUK£431.5m21.4x38.8x2.6x
Sat, 14 May 2022UK£17.9bUK£6.4bUK£460.6m25.9x39x2.8x
Mon, 11 Apr 2022UK£17.6bUK£6.0bUK£430.4m26.7x41x2.9x
Wed, 09 Mar 2022UK£16.5bUK£5.9bUK£444.9m26.2x37.1x2.8x
Fri, 04 Feb 2022UK£17.3bUK£5.7bUK£448.5m27.1x38.6x3.1x
Sun, 02 Jan 2022UK£18.3bUK£5.7bUK£451.2m27.8x40.5x3.2x
Tue, 30 Nov 2021UK£17.7bUK£5.8bUK£458.6m26.2x38.6x3.1x
Thu, 28 Oct 2021UK£18.5bUK£5.6bUK£445.3m28.2x41.6x3.3x
Sat, 25 Sep 2021UK£19.4bUK£5.6bUK£452.0m36.4x42.9x3.4x
Mon, 23 Aug 2021UK£19.9bUK£5.5bUK£459.9m38.6x43.2x3.6x
Sat, 10 Jul 2021UK£21.6bUK£5.3bUK£421.0m43x51.4x4.1x
Fri, 02 Apr 2021UK£18.7bUK£5.1bUK£380.0m39.9x49.2x3.7x
Mon, 04 Jan 2021UK£19.6bUK£5.0bUK£371.1m43.3x52.8x3.9x
Thu, 08 Oct 2020UK£18.8bUK£5.3bUK£343.9m41.2x54.5x3.5x
Wed, 01 Jul 2020UK£18.8bUK£5.6bUK£306.6m37.4x61.4x3.4x
Sat, 04 Apr 2020UK£17.6bUK£5.7bUK£390.5m35.6x45.2x3.1x
Tue, 07 Jan 2020UK£21.5bUK£5.5bUK£445.9m37x48.2x3.9x
Price to Earnings Ratio

33.9x


Total Market Cap: UK£20.3bTotal Earnings: UK£598.9mTotal Revenue: UK£5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Medical Equipment Industry Price to Earnings3Y Average 49.8x202020212022
Current Industry PE
  • Investors are relatively neutral on the British 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 49.8x.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 17% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.6% 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 Trends

Which industries have driven the changes within the U.K. Healthcare industry?

GB Market1.33%
Healthcare0.72%
Medical Equipment2.02%
Medical Equipment2.97%
Medical Supplies0.29%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry, which is trading close to its 3-year average PE ratio of 100x.
    • Analysts are expecting annual earnings growth of 24.1%, which is higher than its past year's earnings decline of 42.5% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 43.5x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 42% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SN. Smith & NephewUK£11.043.3%
+UK£308.7m
-10.6%PE23.4x
AMS Advanced Medical Solutions GroupUK£2.884.4%
+UK£26.0m
-7.9%PE34.2x
POLX Polarean ImagingUK£0.537.1%
+UK£7.5m
-4.5%PS96.7x
CTEC ConvaTec GroupUK£2.310.09%
+UK£4.1m
19.0%PE71.3x
AGL ANGLEUK£0.542.9%
+UK£3.9m
-59.1%PS123.9x
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ABDX

UK£0.05

Abingdon Health

7D

-23.1%

1Y

-86.5%

YGEN

UK£0.022

Yourgene Health

7D

-7.2%

1Y

-81.6%

POLX

UK£0.53

Polarean Imaging

7D

7.1%

1Y

-4.5%

ODX

UK£0.038

Omega Diagnostics Group

7D

8.5%

1Y

-85.3%

NSCI

UK£0.65

NetScientific

7D

-7.2%

1Y

-40.3%

EKF

UK£0.42

EKF Diagnostics Holdings

7D

-3.3%

1Y

-43.5%

CTEC

UK£2.31

ConvaTec Group

7D

0.09%

1Y

19.0%

CREO

UK£0.40

Creo Medical Group

7D

-7.1%

1Y

-70.8%

AVO

UK£0.17

Advanced Oncotherapy

7D

-5.6%

1Y

-53.7%

SPEC

UK£0.56

INSPECS Group

7D

-17.8%

1Y

-85.6%

AGL

UK£0.54

ANGLE

7D

2.9%

1Y

-59.1%

AMS

UK£2.88

Advanced Medical Solutions Group

7D

4.4%

1Y

-7.9%

IHC

UK£0.85

Inspiration Healthcare Group

7D

1.0%

1Y

-22.9%

BELL

UK£0.66

Belluscura

7D

3.3%

1Y

-26.8%

MHC

UK£0.018

MyHealthChecked

7D

-7.9%

1Y

-39.2%