Calculating The Fair Value Of EKF Diagnostics Holdings plc (LON:EKF)
Mar 30
U.K. (FTSE) Medical Equipment Industry Analysis
UpdatedMay 28, 2023
DataAggregated Company Financials
Companies16
- 7D-4.3%
- 3M1.3%
- 1Y-13.5%
- YTD5.4%
Over the last 7 days, the Medical Equipment industry has dropped 4.3%, driven by a pullback from Smith & Nephew of 4.4%. On the other hand EKF Diagnostics Holdings is actually up 10%. The industry has fallen 14% in the last year. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the U.K. Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 28 May 2023 | UK£11.2b | UK£4.4b | UK£45.5m | 79.5x | 247.1x | 2.5x |
| Tue, 25 Apr 2023 | UK£11.8b | UK£4.4b | UK£22.6m | 62.2x | 520.2x | 2.7x |
| Thu, 23 Mar 2023 | UK£10.8b | UK£4.5b | UK£49.0m | 15.7x | 220.9x | 2.4x |
| Sat, 18 Feb 2023 | UK£10.7b | UK£4.6b | UK£277.2m | 16.5x | 38.6x | 2.3x |
| Mon, 16 Jan 2023 | UK£10.8b | UK£4.5b | UK£270.5m | 24.3x | 39.9x | 2.4x |
| Wed, 14 Dec 2022 | UK£10.6b | UK£4.4b | UK£273.2m | 22.3x | 39x | 2.4x |
| Fri, 11 Nov 2022 | UK£10.1b | UK£4.7b | UK£294.0m | 21.9x | 34.3x | 2.1x |
| Sun, 09 Oct 2022 | UK£9.8b | UK£4.9b | UK£316.2m | 22.6x | 30.9x | 2x |
| Tue, 06 Sep 2022 | UK£10.5b | UK£4.7b | UK£318.4m | 15.2x | 33.1x | 2.2x |
| Thu, 04 Aug 2022 | UK£10.2b | UK£4.5b | UK£302.1m | 13.6x | 33.9x | 2.3x |
| Sat, 02 Jul 2022 | UK£11.1b | UK£4.5b | UK£320.1m | 13.1x | 34.8x | 2.5x |
| Mon, 30 May 2022 | UK£12.6b | UK£4.3b | UK£308.9m | 14.6x | 40.7x | 2.9x |
| Wed, 27 Apr 2022 | UK£12.2b | UK£4.3b | UK£345.4m | 14.1x | 35.4x | 2.8x |
| Fri, 25 Mar 2022 | UK£12.0b | UK£4.1b | UK£328.8m | 16.6x | 36.6x | 2.9x |
| Sun, 20 Feb 2022 | UK£11.9b | UK£3.9b | UK£343.1m | 15.7x | 34.7x | 3x |
| Tue, 18 Jan 2022 | UK£12.6b | UK£3.9b | UK£341.1m | 20.3x | 37x | 3.2x |
| Thu, 16 Dec 2021 | UK£12.2b | UK£4.0b | UK£354.2m | 20.7x | 34.3x | 3x |
| Sat, 13 Nov 2021 | UK£13.2b | UK£4.0b | UK£346.0m | 22.3x | 38.2x | 3.3x |
| Mon, 11 Oct 2021 | UK£12.6b | UK£3.9b | UK£339.3m | 21.1x | 37.3x | 3.2x |
| Wed, 08 Sep 2021 | UK£13.7b | UK£3.9b | UK£338.1m | 30x | 40.5x | 3.5x |
| Fri, 06 Aug 2021 | UK£13.6b | UK£3.9b | UK£355.9m | 30.1x | 38.2x | 3.5x |
| Mon, 10 May 2021 | UK£15.1b | UK£3.6b | UK£320.8m | 30.3x | 47.1x | 4.1x |
| Sun, 31 Jan 2021 | UK£14.6b | UK£3.5b | UK£291.8m | 28x | 50.1x | 4.2x |
| Wed, 04 Nov 2020 | UK£12.7b | UK£3.7b | UK£292.1m | 36x | 43.4x | 3.4x |
| Sat, 08 Aug 2020 | UK£14.1b | UK£3.9b | UK£283.0m | 36.8x | 49.9x | 3.6x |
Price to Earnings Ratio
41.4x
Current Industry PE
- Investors are optimistic on the British Healthcare Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 247x which is higher than its 3-year average PE of 69.2x.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have declined 50% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.9% 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 Comparison
How does U.K. Medical Equipment compare with similar industries?
| GB Market | -1.74% | |
| Healthcare | -2.17% | |
| Medical Equipment | -5.35% | |
| Medical Equipment | -4.25% | |
| Medical Supplies | -7.72% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EKF EKF Diagnostics Holdings | UK£0.28 | 10.4% +UK£11.8m | -20.0% | PS1.9x | |
| SUN Surgical Innovations Group | UK£0.022 | 15.4% +UK£2.8m | 7.1% | PE79.5x | |
| CREO Creo Medical Group | UK£0.25 | 1.4% +UK£1.2m | -74.8% | PS3.1x | |
| TSP TruSpine Technologies | UK£0.011 | 10.5% +UK£118.3k | -77.9% | PB0.4x | |
| NSCI NetScientific | UK£0.69 | 0.7% +UK£116.8k | -24.5% | PS14.9x |