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U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies15
  • 7D1.6%
  • 3M13.0%
  • 1Y-8.6%
  • YTDn/a

The Medical Equipment industry is up 1.5% in the last week, with Smith & Nephew up 0.9%. Meanwhile, NIOX Group actually underperformed within the industry, shrinking 8.7% in the last week. In contrast, the industry has lost 9.6% in the last 12 months. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024UK£10.6bUK£4.5bUK£131.5m47.9x80.7x2.4x
Sun, 23 Jun 2024UK£9.6bUK£4.6bUK£144.8m42.1x66.3x2.1x
Tue, 21 May 2024UK£9.7bUK£4.5bUK£138.9m43.1x69.5x2.1x
Thu, 18 Apr 2024UK£8.7bUK£4.6bUK£130.2m46.1x67x1.9x
Sat, 16 Mar 2024UK£9.7bUK£4.5bUK£111.2m44.9x86.9x2.1x
Mon, 12 Feb 2024UK£9.9bUK£4.4bUK£77.0m55.1x128.9x2.3x
Wed, 10 Jan 2024UK£10.0bUK£4.4bUK£30.4m55.1x329.8x2.3x
Fri, 08 Dec 2023UK£9.5bUK£4.4bUK£31.9m51.9x297x2.1x
Sun, 05 Nov 2023UK£9.1bUK£4.5bUK£34.2m48.6x265.3x2x
Tue, 03 Oct 2023UK£9.4bUK£4.6bUK£37.7m78.6x250.6x2.1x
Thu, 31 Aug 2023UK£9.9bUK£4.4bUK£33.6m63.6x295.7x2.3x
Sat, 29 Jul 2023UK£10.9bUK£4.3bUK£38.1m60.1x286.9x2.6x
Mon, 26 Jun 2023UK£11.4bUK£4.3bUK£40.3m77.7x282.1x2.6x
Wed, 24 May 2023UK£11.6bUK£4.4bUK£42.8m68.9x271.6x2.6x
Fri, 21 Apr 2023UK£11.5bUK£4.4bUK£27.6m60.7x415.3x2.6x
Sun, 19 Mar 2023UK£10.8bUK£4.5bUK£49.6m16.2x216.9x2.4x
Tue, 14 Feb 2023UK£10.6bUK£4.5bUK£273.2m16.7x38.9x2.4x
Thu, 12 Jan 2023UK£10.9bUK£4.5bUK£273.8m23.3x39.7x2.4x
Sat, 10 Dec 2022UK£10.4bUK£4.5bUK£275.5m22x37.8x2.3x
Mon, 07 Nov 2022UK£10.0bUK£4.8bUK£306.3m21.9x32.7x2.1x
Wed, 05 Oct 2022UK£10.1bUK£4.8bUK£305.4m21.8x33.2x2.1x
Fri, 02 Sep 2022UK£9.9bUK£4.7bUK£317.7m15.7x31.2x2.1x
Sun, 31 Jul 2022UK£10.2bUK£4.5bUK£300.4m13.3x33.9x2.3x
Tue, 28 Jun 2022UK£11.3bUK£4.4bUK£315.1m14x35.8x2.5x
Thu, 26 May 2022UK£12.6bUK£4.4bUK£310.8m14.6x40.5x2.9x
Sat, 23 Apr 2022UK£12.5bUK£4.2bUK£338.4m14.1x36.9x2.9x
Mon, 21 Mar 2022UK£12.2bUK£4.1bUK£332.9m14.8x36.7x3x
Wed, 16 Feb 2022UK£12.1bUK£4.0bUK£344.6m15.9x35.2x3.1x
Fri, 14 Jan 2022UK£12.8bUK£3.9bUK£338.7m20x37.7x3.3x
Sun, 12 Dec 2021UK£12.4bUK£4.0bUK£351.5m20.7x35.3x3.1x
Tue, 09 Nov 2021UK£13.6bUK£3.9bUK£341.7m21.8x39.9x3.5x
Thu, 07 Oct 2021UK£12.5bUK£3.9bUK£340.8m21.9x36.6x3.2x
Sat, 04 Sep 2021UK£13.8bUK£3.9bUK£355.9m31.6x38.9x3.6x
Mon, 02 Aug 2021UK£14.1bUK£3.9bUK£355.9m31.4x39.7x3.7x
Price to Earnings Ratio

39.7x


Total Market Cap: UK£14.1bTotal Earnings: UK£355.9mTotal Revenue: UK£3.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Medical Equipment Industry Price to Earnings3Y Average 129.6x202220232024
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 80.2x which is lower than its 3-year average PE of 130x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.1% 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 Comparison

How does U.K. Medical Equipment compare with similar industries?

GB Market-0.38%
Healthcare-0.41%
Medical Equipment0.32%
Medical Equipment1.59%
Medical Supplies-1.89%
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
SN. Smith & NephewUK£11.253.1%
+UK£292.1m		-5.3%PE48x
IHC Inspiration Healthcare GroupUK£0.2327.8%
+UK£8.3m		-56.2%PS0.5x
POLX Polarean ImagingUK£0.01910.3%
+UK£2.1m		-91.2%PS32.7x
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Latest News

NIOX

UK£0.62

NIOX Group

7D

-6.9%

1Y

-12.7%

What NIOX Group Plc's (LON:NIOX) P/E Is Not Telling You

Jul 25
What NIOX Group Plc's (LON:NIOX) P/E Is Not Telling You

IHC

UK£0.23

Inspiration Healthcare Group

7D

27.8%

1Y

-56.2%

EKF

UK£0.28

EKF Diagnostics Holdings

7D

-10.3%

1Y

5.1%

SN.

UK£11.25

Smith & Nephew

7D

3.1%

1Y

-5.3%

BELL

UK£0.14

Belluscura

7D

-6.9%

1Y

-59.7%

NSCI

UK£0.69

NetScientific

7D

-2.8%

1Y

11.3%

POLX

UK£0.019

Polarean Imaging

7D

10.3%

1Y

-91.2%

AGL

UK£0.14

ANGLE

7D

-5.0%

1Y

-6.6%

CREO

UK£0.31

Creo Medical Group

7D

-2.3%

1Y

-3.8%