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U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies13
  • 7D-2.6%
  • 3M1.3%
  • 1Y-9.0%
  • YTDn/a

Over the last 7 days, the Medical Equipment industry has dropped 2.6%, driven by Smith & Nephew declining 2.6%. However, the industry is down 9.0% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024UK£9.7bUK£4.5bUK£111.2m44.9x86.9x2.1x
Thu, 15 Feb 2024UK£10.0bUK£4.4bUK£77.8m55.1x128.2x2.3x
Sat, 13 Jan 2024UK£9.9bUK£4.4bUK£30.1m54.8x330.4x2.3x
Mon, 11 Dec 2023UK£9.6bUK£4.5bUK£32.3m52.5x298.4x2.2x
Wed, 08 Nov 2023UK£9.2bUK£4.5bUK£35.2m48.7x260.1x2x
Fri, 06 Oct 2023UK£9.0bUK£4.6bUK£36.5m46.9x246.4x2x
Sun, 03 Sep 2023UK£9.8bUK£4.5bUK£35.2m63.6x279.4x2.2x
Tue, 01 Aug 2023UK£10.9bUK£4.3bUK£38.2m60.1x285.8x2.6x
Thu, 29 Jun 2023UK£11.4bUK£4.3bUK£41.4m68.9x276.4x2.6x
Sat, 27 May 2023UK£11.2bUK£4.4bUK£43.9m79.5x256.1x2.5x
Mon, 24 Apr 2023UK£11.8bUK£4.4bUK£22.7m62.3x518.2x2.7x
Wed, 22 Mar 2023UK£10.7bUK£4.5bUK£49.1m16x218.5x2.4x
Fri, 17 Feb 2023UK£10.7bUK£4.5bUK£276.9m16.3x38.5x2.3x
Sun, 15 Jan 2023UK£10.8bUK£4.5bUK£270.5m24.3x39.9x2.4x
Tue, 13 Dec 2022UK£10.5bUK£4.5bUK£276.3m21.5x37.9x2.3x
Thu, 10 Nov 2022UK£10.1bUK£4.7bUK£294.0m21.9x34.3x2.1x
Sat, 08 Oct 2022UK£9.8bUK£4.9bUK£316.4m22.6x30.9x2x
Mon, 05 Sep 2022UK£10.4bUK£4.7bUK£316.1m15.7x33x2.2x
Wed, 03 Aug 2022UK£10.0bUK£4.5bUK£299.1m13.6x33.3x2.2x
Fri, 01 Jul 2022UK£11.1bUK£4.5bUK£319.8m13x34.8x2.5x
Sun, 29 May 2022UK£12.6bUK£4.3bUK£308.9m14.6x40.7x2.9x
Tue, 26 Apr 2022UK£12.3bUK£4.3bUK£342.7m13.9x35.8x2.9x
Thu, 24 Mar 2022UK£12.0bUK£4.1bUK£328.1m16.1x36.6x2.9x
Sat, 19 Feb 2022UK£11.9bUK£3.9bUK£343.1m15.7x34.7x3x
Mon, 17 Jan 2022UK£12.6bUK£3.9bUK£340.6m20x37.1x3.2x
Wed, 15 Dec 2021UK£12.2bUK£4.0bUK£351.3m20.2x34.8x3x
Fri, 12 Nov 2021UK£13.1bUK£4.0bUK£347.0m21.9x37.7x3.3x
Sun, 10 Oct 2021UK£12.6bUK£3.9bUK£339.3m21.1x37.3x3.2x
Tue, 07 Sep 2021UK£13.8bUK£3.9bUK£338.1m30.3x40.8x3.6x
Thu, 05 Aug 2021UK£13.7bUK£3.9bUK£355.9m30.4x38.5x3.6x
Sun, 09 May 2021UK£15.1bUK£3.6bUK£320.8m30.3x47.1x4.1x
Price to Earnings Ratio

46.4x


Total Market Cap: UK£13.3bTotal Earnings: UK£286.9mTotal Revenue: UK£3.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Medical Equipment Industry Price to Earnings3Y Average 127.4x202220232024
Current Industry PE
  • Investors are pessimistic on the British Healthcare 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 86.9x which is lower than its 3-year average PE of 127x.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 27% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.0% 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 Market0.65%
Healthcare-1.46%
Medical Equipment-0.98%
Medical Equipment-2.58%
Medical Supplies1.45%
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?

CompanyLast Price7D1YValuation
OBI Ondine BiomedicalUK£0.0964.1%
+UK£850.3k
-48.0%PS46.8x
TSP TruSpine TechnologiesUK£0.00650%
UK£126.0k
-40.9%PB0.4x
NSCI NetScientificUK£0.690.7%
+UK£119.7k
5.3%PS11.9x
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Latest News

TSP

UK£0.0065

TruSpine Technologies

7D

0%

1Y

-40.9%

EKF

UK£0.27

EKF Diagnostics Holdings

7D

-2.0%

1Y

6.3%

OBI

UK£0.096

Ondine Biomedical

7D

4.1%

1Y

-48.0%

NSCI

UK£0.69

NetScientific

7D

0.7%

1Y

5.3%

IHC

UK£0.28

Inspiration Healthcare Group

7D

-14.9%

1Y

-44.1%

AGL

UK£0.14

ANGLE

7D

-3.4%

1Y

-29.3%

BELL

UK£0.20

Belluscura

7D

-11.1%

1Y

-48.1%