A Look At The Intrinsic Value Of Advanced Medical Solutions Group plc (LON:AMS)
Does the November share price for Advanced Medical Solutions Group plc ( LON:AMS ) reflect what it's really worth...
Has the U.K. Medical Equipment Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||UK£17.7b||UK£5.8b||UK£458.0m||26.1x|
|Tue, 26 Oct 2021||UK£18.6b||UK£5.6b||UK£443.7m||28.4x|
|Thu, 23 Sep 2021||UK£19.4b||UK£5.6b||UK£452.4m||36.6x|
|Sat, 21 Aug 2021||UK£20.0b||UK£5.5b||UK£459.9m||38.7x|
|Sat, 05 Jun 2021||UK£21.3b||UK£5.3b||UK£411.5m||44.8x|
|Tue, 09 Mar 2021||UK£18.5b||UK£5.0b||UK£372.0m||41.3x|
|Mon, 30 Nov 2020||UK£18.9b||UK£5.3b||UK£344.7m||41.2x|
|Thu, 03 Sep 2020||UK£19.1b||UK£5.6b||UK£306.8m||41.3x|
|Sun, 07 Jun 2020||UK£20.2b||UK£5.7b||UK£390.7m||42.4x|
|Sat, 29 Feb 2020||UK£20.8b||UK£5.5b||UK£450.6m||36.4x|
|Tue, 03 Dec 2019||UK£20.3b||UK£5.8b||UK£598.9m||28.4x|
|Fri, 06 Sep 2019||UK£22.0b||UK£5.5b||UK£683.0m||28.6x|
|Mon, 10 Jun 2019||UK£18.8b||UK£5.4b||UK£677.9m||23.5x|
|Sun, 03 Mar 2019||UK£16.6b||UK£5.5b||UK£698.5m||24.1x|
|Wed, 05 Dec 2018||UK£16.7b||UK£5.4b||UK£713.2m||23.5x|
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.
Which industries have driven the changes within the U.K. Medical Equipment industry?
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.
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