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U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedDec 18, 2024
DataAggregated Company Financials
Companies23
  • 7D-2.0%
  • 3M-11.3%
  • 1Y-7.9%
  • YTD-9.3%

Over the last 7 days, the Medical Equipment industry has dropped 1.0%, driven by ConvaTec Group declining 3.6%. However, the industry is down 6.6% over the past year. Looking forward, 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
Wed, 18 Dec 2024UK£14.6bUK£6.7bUK£302.8m34.4x48.2x2.2x
Fri, 15 Nov 2024UK£14.9bUK£6.8bUK£302.0m33.9x49.4x2.2x
Sun, 13 Oct 2024UK£15.6bUK£6.6bUK£291.1m34.1x53.5x2.4x
Tue, 10 Sep 2024UK£17.0bUK£6.6bUK£297.4m37.8x57x2.6x
Thu, 08 Aug 2024UK£16.6bUK£6.8bUK£304.6m38.2x54.6x2.5x
Sat, 06 Jul 2024UK£15.8bUK£6.6bUK£247.2m40.6x63.8x2.4x
Mon, 03 Jun 2024UK£15.2bUK£6.6bUK£254.6m33.1x59.9x2.3x
Wed, 01 May 2024UK£14.8bUK£6.7bUK£247.4m38.6x59.7x2.2x
Fri, 29 Mar 2024UK£15.6bUK£6.6bUK£244.6m37.9x63.8x2.4x
Sun, 25 Feb 2024UK£16.1bUK£6.4bUK£146.9m47.9x109.8x2.5x
Tue, 23 Jan 2024UK£16.1bUK£6.4bUK£100.7m45.7x160.3x2.5x
Thu, 21 Dec 2023UK£15.6bUK£6.5bUK£101.1m48.9x154.2x2.4x
Sat, 18 Nov 2023UK£14.8bUK£6.6bUK£104.7m44.4x141.8x2.3x
Mon, 16 Oct 2023UK£13.6bUK£6.7bUK£93.8m46x144.9x2x
Wed, 13 Sep 2023UK£15.2bUK£6.6bUK£92.8m52.6x163.3x2.3x
Fri, 11 Aug 2023UK£15.9bUK£6.4bUK£87.2m57.2x181.8x2.5x
Sun, 09 Jul 2023UK£15.6bUK£6.3bUK£84.2m58.4x184.9x2.5x
Tue, 06 Jun 2023UK£16.3bUK£6.5bUK£90.8m59.5x179.9x2.5x
Thu, 04 May 2023UK£17.0bUK£6.4bUK£67.8m62.7x250.2x2.7x
Sat, 01 Apr 2023UK£15.8bUK£6.5bUK£77.5m45.3x203.5x2.4x
Mon, 27 Feb 2023UK£16.6bUK£6.7bUK£113.3m30.2x146.4x2.5x
Wed, 25 Jan 2023UK£16.5bUK£6.5bUK£325.9m24.8x50.6x2.5x
Fri, 23 Dec 2022UK£16.0bUK£6.7bUK£336.6m25.6x47.4x2.4x
Sun, 20 Nov 2022UK£15.8bUK£6.7bUK£356.1m26.6x44.3x2.3x
Tue, 18 Oct 2022UK£14.6bUK£7.1bUK£397.6m26.3x36.8x2.1x
Thu, 15 Sep 2022UK£15.9bUK£6.9bUK£400.3m21.6x39.8x2.3x
Sat, 13 Aug 2022UK£16.1bUK£6.6bUK£376.9m22.4x42.8x2.4x
Mon, 11 Jul 2022UK£16.6bUK£6.6bUK£428.1m19x38.7x2.5x
Wed, 08 Jun 2022UK£17.8bUK£6.2bUK£406.2m26.3x43.8x2.9x
Fri, 06 May 2022UK£18.3bUK£6.3bUK£456.8m27.1x40x2.9x
Sun, 03 Apr 2022UK£17.5bUK£6.0bUK£427.3m26.5x41x2.9x
Tue, 01 Mar 2022UK£17.9bUK£5.8bUK£433.0m30.1x41.3x3.1x
Thu, 27 Jan 2022UK£17.1bUK£5.7bUK£452.2m26.8x37.8x3x
Sat, 25 Dec 2021UK£18.0bUK£5.7bUK£456.3m27.2x39.5x3.1x
Price to Earnings Ratio

39.5x


Total Market Cap: UK£18.0bTotal Earnings: UK£456.3mTotal Revenue: UK£5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Medical Equipment Industry Price to Earnings3Y Average 92.1x202220232024
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 48.6x which is lower than its 3-year average PE of 92.1x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.5% 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-1.36%
Healthcare-0.99%
Medical Equipment-2.00%
Medical Equipment-1.15%
Medical Supplies-3.45%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 133x.
    • Analysts are expecting annual earnings growth of 23.0%, 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 75.2x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 23% 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 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
CREO Creo Medical GroupUK£0.1721.1%
+UK£12.1m		-52.4%PS2.3x
NIOX NIOX GroupUK£0.611.7%
+UK£4.0m		-4.1%PE22.2x
TSTL TristelUK£3.891.6%
+UK£2.9m		-14.6%PE28.6x
EKF EKF Diagnostics HoldingsUK£0.251.8%
+UK£2.0m		-10.1%PE24x
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Latest News

CTEC

UK£2.27

ConvaTec Group

7D

-3.5%

1Y

-6.3%

TSTL

UK£3.89

Tristel

7D

1.6%

1Y

-14.6%

SN.

UK£9.80

Smith & Nephew

7D

-1.2%

1Y

-6.5%

Does Smith & Nephew (LON:SN.) Have A Healthy Balance Sheet?

Dec 15
Does Smith & Nephew (LON:SN.) Have A Healthy Balance Sheet?

AGL

UK£0.10

ANGLE

7D

-8.9%

1Y

-5.1%

RUA

UK£0.11

RUA Life Sciences

7D

-2.7%

1Y

7.3%

IHC

UK£0.13

Inspiration Healthcare Group

7D

-7.3%

1Y

-67.7%

NIOX

UK£0.61

NIOX Group

7D

1.7%

1Y

-4.1%

POLX

UK£0.013

Polarean Imaging

7D

-3.7%

1Y

-78.9%

AMS

UK£1.96

Advanced Medical Solutions Group

7D

-5.8%

1Y

-8.8%

Advanced Medical Solutions Group plc's (LON:AMS) Popularity With Investors Is Under Threat From Overpricing

Nov 18
Advanced Medical Solutions Group plc's (LON:AMS) Popularity With Investors Is Under Threat From Overpricing

CREO

UK£0.17

Creo Medical Group

7D

21.1%

1Y

-52.4%

EKF

UK£0.25

EKF Diagnostics Holdings

7D

1.8%

1Y

-10.1%

AOTI

UK£1.15

AOTI

7D

-10.2%

1Y

n/a