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U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies23
  • 7D-5.8%
  • 3M-11.4%
  • 1Y-9.1%
  • YTD-14.2%

Over the last 7 days, the Medical Equipment industry has dropped 5.8%, driven by a decline by ConvaTec Group of 12%. Meanwhile, MyHealthChecked actually outperformed within the industry, gaining 40% in the last week. However, the industry is down 9.1% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021UK£17.7bUK£5.8bUK£458.0m26.1x
Tue, 26 Oct 2021UK£18.6bUK£5.6bUK£443.7m28.4x
Thu, 23 Sep 2021UK£19.4bUK£5.6bUK£452.4m36.6x
Sat, 21 Aug 2021UK£20.0bUK£5.5bUK£459.9m38.7x
Sat, 05 Jun 2021UK£21.3bUK£5.3bUK£411.5m44.8x
Tue, 09 Mar 2021UK£18.5bUK£5.0bUK£372.0m41.3x
Mon, 30 Nov 2020UK£18.9bUK£5.3bUK£344.7m41.2x
Thu, 03 Sep 2020UK£19.1bUK£5.6bUK£306.8m41.3x
Sun, 07 Jun 2020UK£20.2bUK£5.7bUK£390.7m42.4x
Sat, 29 Feb 2020UK£20.8bUK£5.5bUK£450.6m36.4x
Tue, 03 Dec 2019UK£20.3bUK£5.8bUK£598.9m28.4x
Fri, 06 Sep 2019UK£22.0bUK£5.5bUK£683.0m28.6x
Mon, 10 Jun 2019UK£18.8bUK£5.4bUK£677.9m23.5x
Sun, 03 Mar 2019UK£16.6bUK£5.5bUK£698.5m24.1x
Wed, 05 Dec 2018UK£16.7bUK£5.4bUK£713.2m23.5x
PE Ratio

23.5x

Total Market Cap: UK£16.7bTotal Earnings: UK£713.2mTotal Revenue: UK£5.4b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 26.1x which is lower than its 3-year average PE of 34.0x. 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 declined 14% per year over the last three years, while revenues for these companies have grown 2.4% 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, which has decreased profits.

Industry Trends

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

Medical Equipment-3.74%
Medical Supplies-10.31%

Industry PE: Investors are most optimistic about the Medical Supplies industry, which is trading close to its 3-year average PE ratio of 51.1x. This is likely because analysts are expecting annual earnings growth of 17%, which is higher than its past year's earnings growth of 0.6% per year. Meanwhile, investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 28.3x.

Forecasted Growth: Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 20% over the next 5 years. However this is lower than its past earnings growth rate of 154% per year. Meanwhile, the Medical Supplies industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
MHC MyHealthChecked40.5%+UK£6.3m88.2%PS6.6x
SMD Spectral MD Holdings5.3%+UK£2.7mn/an/a
YGEN Yourgene Health1.2%+UK£1.1m-24.6%PS4.8x
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