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U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedFeb 19, 2025
DataAggregated Company Financials
Companies23
  • 7D2.3%
  • 3M5.0%
  • 1Y-6.3%
  • YTD5.9%

Smith & Nephew is up 2.3%, leading the way for the Medical Equipment industry, which has gained 2.3%. During this same period, the Creo Medical Group underperformed, falling 14%. However, the industry is down 6.3% over the past year. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Feb 2025UK£15.5bUK£6.8bUK£305.3m37.8x50.6x2.3x
Sat, 18 Jan 2025UK£15.4bUK£7.0bUK£317.4m37.4x48.5x2.2x
Mon, 16 Dec 2024UK£14.9bUK£6.8bUK£305.3m34.6x48.9x2.2x
Wed, 13 Nov 2024UK£15.3bUK£6.7bUK£299.7m33.9x51x2.3x
Fri, 11 Oct 2024UK£15.6bUK£6.6bUK£291.3m33.9x53.5x2.4x
Sun, 08 Sep 2024UK£16.8bUK£6.5bUK£295.9m37.5x56.9x2.6x
Tue, 06 Aug 2024UK£16.5bUK£6.7bUK£302.4m37.9x54.5x2.5x
Thu, 04 Jul 2024UK£15.1bUK£6.6bUK£248.3m39.7x60.8x2.3x
Sat, 01 Jun 2024UK£15.2bUK£6.6bUK£254.6m33.1x59.9x2.3x
Mon, 29 Apr 2024UK£14.9bUK£6.7bUK£247.3m39.2x60.4x2.2x
Wed, 27 Mar 2024UK£16.0bUK£6.6bUK£244.9m39.2x65.5x2.4x
Fri, 23 Feb 2024UK£16.1bUK£6.4bUK£147.0m47.9x109.8x2.5x
Sun, 21 Jan 2024UK£15.9bUK£6.4bUK£100.7m44.6x158x2.5x
Tue, 19 Dec 2023UK£15.3bUK£6.5bUK£101.5m47.6x150.8x2.4x
Thu, 16 Nov 2023UK£14.9bUK£6.6bUK£104.6m44.4x142.5x2.3x
Sat, 14 Oct 2023UK£13.6bUK£6.7bUK£93.9m46x144.8x2x
Mon, 11 Sep 2023UK£15.2bUK£6.6bUK£93.2m51.2x162.7x2.3x
Wed, 09 Aug 2023UK£15.7bUK£6.4bUK£87.2m56.5x180.2x2.4x
Fri, 07 Jul 2023UK£15.6bUK£6.3bUK£85.9m58x182x2.5x
Sun, 04 Jun 2023UK£16.2bUK£6.4bUK£90.7m58.9x178.5x2.5x
Tue, 02 May 2023UK£17.4bUK£6.4bUK£69.2m45.3x251.1x2.7x
Thu, 30 Mar 2023UK£15.6bUK£6.5bUK£77.4m34.4x201x2.4x
Sat, 25 Feb 2023UK£16.6bUK£6.7bUK£113.3m30.2x146.4x2.5x
Mon, 23 Jan 2023UK£16.5bUK£6.5bUK£323.5m24.9x51.2x2.6x
Wed, 21 Dec 2022UK£15.6bUK£6.6bUK£338.7m23.4x46x2.4x
Fri, 18 Nov 2022UK£15.5bUK£6.8bUK£373.4m26.3x41.4x2.3x
Sun, 16 Oct 2022UK£14.6bUK£7.1bUK£397.6m26.3x36.8x2.1x
Tue, 13 Sep 2022UK£16.4bUK£6.8bUK£391.5m22.7x41.8x2.4x
Thu, 11 Aug 2022UK£16.3bUK£6.5bUK£372.2m22.9x43.7x2.5x
Sat, 09 Jul 2022UK£16.6bUK£6.6bUK£428.1m19x38.7x2.5x
Mon, 06 Jun 2022UK£17.9bUK£6.3bUK£408.8m26.4x43.8x2.9x
Wed, 04 May 2022UK£18.1bUK£6.3bUK£450.4m27.1x40.3x2.9x
Fri, 01 Apr 2022UK£17.5bUK£6.0bUK£426.0m26.9x41.1x2.9x
Sun, 27 Feb 2022UK£17.5bUK£5.8bUK£433.2m29.5x40.4x3x
Price to Earnings Ratio

40.4x


Total Market Cap: UK£17.5bTotal Earnings: UK£433.2mTotal Revenue: UK£5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Medical Equipment Industry Price to Earnings3Y Average 92.7x202320242025
Current Industry PE
  • Investors are pessimistic on the British Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 50.6x which is lower than its 3-year average PE of 92.7x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.2% 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 Market-0.17%
Healthcare0.94%
Medical Equipment2.28%
Medical Supplies3.00%
Medical Equipment1.86%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 134x.
    • Analysts are expecting annual earnings growth of 20.4%, which is lower than the prior year's growth of 37.8% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 74.8x.
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 38% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 20% 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
CTEC ConvaTec GroupUK£2.452.4%
+UK£118.7m		-0.2%PE41.1x
SN. Smith & NephewUK£10.220.2%
+UK£17.4m		-9.7%PE36.7x
AOTI AOTIUK£1.107.3%
+UK£8.0m		n/an/a
IHC Inspiration Healthcare GroupUK£0.1834.5%
+UK£4.3m		-47.9%PS0.5x
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Latest News

IHC

UK£0.18

Inspiration Healthcare Group

7D

34.5%

1Y

-47.9%

TSTL

UK£3.45

Tristel

7D

-3.5%

1Y

-22.8%

CREO

UK£0.16

Creo Medical Group

7D

-19.6%

1Y

-52.3%

SUN

UK£0.0055

Surgical Innovations Group

7D

-15.4%

1Y

-15.4%

AOTI

UK£1.10

AOTI

7D

7.3%

1Y

n/a

BELL

UK£0.019

Belluscura

7D

-15.6%

1Y

-91.6%

OBI

UK£0.12

Ondine Biomedical

7D

-2.0%

1Y

17.1%

EKF

UK£0.24

EKF Diagnostics Holdings

7D

-4.3%

1Y

-19.3%

AGL

UK£0.13

ANGLE

7D

-3.7%

1Y

-27.8%

Here's Why We're Watching ANGLE's (LON:AGL) Cash Burn Situation

Jan 22
Here's Why We're Watching ANGLE's (LON:AGL) Cash Burn Situation

AMS

UK£2.14

Advanced Medical Solutions Group

7D

-4.9%

1Y

2.1%

SN.

UK£10.22

Smith & Nephew

7D

0.2%

1Y

-9.7%

CTEC

UK£2.45

ConvaTec Group

7D

2.4%

1Y

-0.2%