Header cover image

U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies23
  • 7D-2.2%
  • 3M-2.5%
  • 1Y10.8%
  • YTD-2.9%

Over the last 7 days, the Medical Equipment industry has dropped 2.2%, driven by a pullback from Smith & Nephew of 1.1%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024UK£15.6bUK£6.6bUK£291.1m34.1x53.5x2.4x
Thu, 12 Sep 2024UK£16.8bUK£6.6bUK£295.0m37.1x57x2.6x
Sat, 10 Aug 2024UK£16.6bUK£6.7bUK£302.8m38.3x54.7x2.5x
Mon, 08 Jul 2024UK£15.8bUK£6.6bUK£247.2m40.7x63.8x2.4x
Wed, 05 Jun 2024UK£15.3bUK£6.6bUK£254.0m33.1x60.1x2.3x
Fri, 03 May 2024UK£15.1bUK£6.7bUK£255.9m36.4x59x2.3x
Sun, 31 Mar 2024UK£15.6bUK£6.6bUK£244.7m37.9x63.8x2.4x
Tue, 27 Feb 2024UK£16.1bUK£6.4bUK£148.2m37.1x108.6x2.5x
Thu, 25 Jan 2024UK£15.7bUK£6.4bUK£100.6m47.5x155.7x2.4x
Sat, 23 Dec 2023UK£15.7bUK£6.4bUK£99.9m48.9x156.8x2.4x
Mon, 20 Nov 2023UK£14.8bUK£6.6bUK£104.1m44.4x142.5x2.3x
Wed, 18 Oct 2023UK£13.6bUK£6.7bUK£92.8m46.3x146.6x2x
Fri, 15 Sep 2023UK£15.0bUK£6.6bUK£94.3m52.6x159.6x2.3x
Sun, 13 Aug 2023UK£15.7bUK£6.4bUK£85.2m56.9x184.4x2.4x
Tue, 11 Jul 2023UK£15.6bUK£6.3bUK£84.1m58.8x186x2.5x
Thu, 08 Jun 2023UK£16.1bUK£6.4bUK£90.6m58.8x177.7x2.5x
Sat, 06 May 2023UK£16.8bUK£6.4bUK£66.0m62.6x254.5x2.6x
Mon, 03 Apr 2023UK£15.8bUK£6.5bUK£80.8m45.3x195.1x2.4x
Wed, 01 Mar 2023UK£16.3bUK£6.6bUK£111.8m29.8x145.6x2.5x
Fri, 27 Jan 2023UK£16.2bUK£6.5bUK£324.3m24.7x50x2.5x
Sun, 25 Dec 2022UK£16.0bUK£6.7bUK£335.8m25.8x47.7x2.4x
Tue, 22 Nov 2022UK£15.9bUK£6.8bUK£360.9m26.3x44x2.3x
Thu, 20 Oct 2022UK£14.8bUK£7.1bUK£396.3m26.6x37.2x2.1x
Sat, 17 Sep 2022UK£15.8bUK£7.0bUK£406.9m21.1x38.8x2.3x
Mon, 15 Aug 2022UK£16.1bUK£6.6bUK£376.9m22.4x42.8x2.4x
Wed, 13 Jul 2022UK£16.4bUK£6.7bUK£433.4m18.6x37.9x2.5x
Fri, 10 Jun 2022UK£17.5bUK£6.3bUK£413.1m22.3x42.3x2.8x
Sun, 08 May 2022UK£18.0bUK£6.3bUK£455.7m26.8x39.5x2.8x
Tue, 05 Apr 2022UK£17.7bUK£6.0bUK£426.9m26.9x41.4x2.9x
Thu, 03 Mar 2022UK£17.7bUK£5.8bUK£435.4m29.6x40.8x3x
Sat, 29 Jan 2022UK£17.1bUK£5.7bUK£455.5m26.4x37.4x3x
Mon, 27 Dec 2021UK£18.0bUK£5.7bUK£456.3m27.2x39.5x3.1x
Wed, 24 Nov 2021UK£18.3bUK£5.7bUK£458.3m26.6x39.9x3.2x
Fri, 22 Oct 2021UK£18.5bUK£5.6bUK£442.6m28.1x41.9x3.3x
Price to Earnings Ratio

41.9x


Total Market Cap: UK£18.5bTotal Earnings: UK£442.6mTotal Revenue: UK£5.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Medical Equipment Industry Price to Earnings3Y Average 91.6x202220232024
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 53.5x which is lower than its 3-year average PE of 91.6x.
  • The 3-year average PS ratio of 2.7x 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 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.7% 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-0.68%
Healthcare0.22%
Medical Equipment-2.23%
Medical Supplies1.22%
Medical Equipment-3.93%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 131x.
    • Analysts are expecting annual earnings growth of 23.2%, 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 75.7x.
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 23% 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£2.270.4%
+UK£16.4m
12.3%PE39.6x
AMS Advanced Medical Solutions GroupUK£2.042.0%
+UK£8.7m
11.5%PE39.9x
SPEC INSPECS GroupUK£0.577.5%
+UK£4.1m
-32.9%PS0.3x
CREO Creo Medical GroupUK£0.223.0%
+UK£2.3m
-34.3%PS2.6x
SUN Surgical Innovations GroupUK£0.00620.0%
+UK£932.8k
-40.0%PS0.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ABDX

UK£0.087

Abingdon Health

7D

-5.4%

1Y

-32.7%

CREO

UK£0.22

Creo Medical Group

7D

3.0%

1Y

-34.3%

OBI

UK£0.06

Ondine Biomedical

7D

-5.9%

1Y

-31.4%

IHC

UK£0.17

Inspiration Healthcare Group

7D

-2.8%

1Y

-50.7%

EMVC

UK£0.53

EMV Capital

7D

-0.9%

1Y

-9.4%

SUN

UK£0.006

Surgical Innovations Group

7D

20.0%

1Y

-40.0%

SN.

UK£10.89

Smith & Nephew

7D

-1.1%

1Y

14.7%

TSTL

UK£3.65

Tristel

7D

-5.9%

1Y

-11.5%

AGL

UK£0.083

ANGLE

7D

3.1%

1Y

-35.3%

NIOX

UK£0.66

NIOX Group

7D

-2.7%

1Y

1.5%

EKF

UK£0.31

EKF Diagnostics Holdings

7D

0.7%

1Y

13.2%

AMS

UK£2.04

Advanced Medical Solutions Group

7D

2.0%

1Y

11.5%

RUA

UK£0.15

RUA Life Sciences

7D

7.3%

1Y

-4.8%

POLX

UK£0.013

Polarean Imaging

7D

-5.4%

1Y

-83.9%

CTEC

UK£2.27

ConvaTec Group

7D

0.4%

1Y

12.3%