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U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedJan 17, 2025
DataAggregated Company Financials
Companies23
  • 7D3.5%
  • 3M-4.8%
  • 1Y-6.5%
  • YTD4.9%

In the last week, the Medical Equipment industry is up 3.5%, with ConvaTec Group up 6.0%. During this same period, the Tristel underperformed, falling 9.3%. However, the industry is down 6.5% 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
Fri, 17 Jan 2025UK£15.3bUK£7.0bUK£315.5m36x48.6x2.2x
Sun, 15 Dec 2024UK£14.9bUK£6.8bUK£305.3m34.6x48.9x2.2x
Tue, 12 Nov 2024UK£14.1bUK£6.7bUK£296.6m33.2x47.7x2.1x
Thu, 10 Oct 2024UK£15.6bUK£6.6bUK£291.0m34.3x53.5x2.4x
Sat, 07 Sep 2024UK£16.8bUK£6.5bUK£295.9m37.5x56.9x2.6x
Mon, 05 Aug 2024UK£16.8bUK£6.7bUK£301.3m38.9x55.7x2.5x
Wed, 03 Jul 2024UK£15.0bUK£6.6bUK£250.0m38.9x59.8x2.3x
Fri, 31 May 2024UK£15.2bUK£6.6bUK£254.8m34.1x59.8x2.3x
Sun, 28 Apr 2024UK£14.9bUK£6.7bUK£247.3m39.2x60.4x2.2x
Tue, 26 Mar 2024UK£15.9bUK£6.6bUK£244.5m38.9x64.9x2.4x
Thu, 22 Feb 2024UK£16.0bUK£6.4bUK£147.4m47.6x108.8x2.5x
Sat, 20 Jan 2024UK£15.9bUK£6.4bUK£100.7m44.6x158x2.5x
Mon, 18 Dec 2023UK£15.3bUK£6.5bUK£100.8m48.4x151.9x2.4x
Wed, 15 Nov 2023UK£14.8bUK£6.5bUK£103.8m44.1x142.2x2.3x
Fri, 13 Oct 2023UK£13.6bUK£6.7bUK£93.2m45.9x145.8x2x
Sun, 10 Sep 2023UK£15.2bUK£6.6bUK£93.2m51.2x162.7x2.3x
Tue, 08 Aug 2023UK£15.8bUK£6.4bUK£86.6m57.2x182.2x2.5x
Thu, 06 Jul 2023UK£16.0bUK£6.3bUK£86.1m59.2x185.3x2.5x
Sat, 03 Jun 2023UK£16.2bUK£6.4bUK£90.4m58.9x179x2.5x
Mon, 01 May 2023UK£17.4bUK£6.4bUK£69.2m45.3x251.1x2.7x
Wed, 29 Mar 2023UK£15.7bUK£6.5bUK£96.2m23.3x162.9x2.4x
Fri, 24 Feb 2023UK£16.7bUK£6.7bUK£112.1m30.1x149.2x2.5x
Sun, 22 Jan 2023UK£16.5bUK£6.5bUK£323.5m24.9x51.2x2.6x
Tue, 20 Dec 2022UK£15.7bUK£6.6bUK£337.6m24.3x46.4x2.4x
Thu, 17 Nov 2022UK£15.6bUK£6.8bUK£369.6m26.3x42.2x2.3x
Sat, 15 Oct 2022UK£44.5bUK£7.1bUK£397.6m26.3x112x6.2x
Mon, 12 Sep 2022UK£16.3bUK£6.9bUK£396.3m22.4x41.1x2.4x
Wed, 10 Aug 2022UK£16.4bUK£6.6bUK£378.3m22.9x43.3x2.5x
Fri, 08 Jul 2022UK£16.6bUK£6.6bUK£429.5m19x38.5x2.5x
Sun, 05 Jun 2022UK£17.9bUK£6.3bUK£408.8m26.4x43.8x2.9x
Tue, 03 May 2022UK£18.1bUK£6.3bUK£450.6m27.1x40.1x2.9x
Thu, 31 Mar 2022UK£17.6bUK£6.0bUK£425.3m27.3x41.5x3x
Sat, 26 Feb 2022UK£16.8bUK£5.8bUK£435.1m27.8x38.5x2.9x
Mon, 24 Jan 2022UK£17.4bUK£5.7bUK£450.5m27.1x38.6x3.1x
Price to Earnings Ratio

38.6x


Total Market Cap: UK£17.4bTotal Earnings: UK£450.5mTotal Revenue: UK£5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Medical Equipment Industry Price to Earnings3Y Average 92.3x202320242025
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 92.3x.
  • The 3-year average PS ratio of 2.6x 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 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.1% 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 Market0.96%
Healthcare-0.61%
Medical Equipment3.49%
Medical Supplies6.33%
Medical Equipment1.87%
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 23.1%, 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 74.9x.
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
CTEC ConvaTec GroupUK£2.416.0%
+UK£278.4m		-2.0%PE39.4x
SN. Smith & NephewUK£10.221.7%
+UK£152.6m		-6.9%PE35.8x
AMS Advanced Medical Solutions GroupUK£2.2818.3%
+UK£76.7m		8.8%PE44.6x
NIOX NIOX GroupUK£0.628.0%
+UK£18.3m		4.0%PE22.6x
AOTI AOTIUK£1.2010.1%
+UK£11.7m		n/an/a
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