Endymed Ltd's (TLV:ENDY) Share Price Boosted 43% But Its Business Prospects Need A Lift Too
Nov 07
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Israeli (TA) Medical Equipment Industry Analysis
UpdatedNov 19, 2024
DataAggregated Company Financials
Companies16
- 7D-9.6%
- 3M16.0%
- 1Y7.0%
- YTD14.3%
Over the last 7 days, the Medical Equipment industry has dropped 11%, driven by a pullback from SofWave Medical of 16%. On the other hand Endymed is actually up 12%. This takes the industry's 12 month performance to a gain of 6.3%. Earnings are forecast to grow by 70% annually.
Industry Valuation and Performance
Has the Israeli Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 19 Nov 2024 | ₪2.1b | ₪1.3b | -₪166,177,023.50 | 35.9x | -12.7x | 1.6x |
| Thu, 17 Oct 2024 | ₪2.0b | ₪1.3b | -₪202,304,020.10 | 42.7x | -10.1x | 1.6x |
| Sat, 14 Sep 2024 | ₪1.8b | ₪1.3b | -₪207,740,901.50 | 40.6x | -8.6x | 1.4x |
| Mon, 12 Aug 2024 | ₪1.7b | ₪1.3b | -₪226,779,246.60 | 21.7x | -7.5x | 1.3x |
| Wed, 10 Jul 2024 | ₪1.6b | ₪1.3b | -₪245,810,634.60 | 22.6x | -6.6x | 1.3x |
| Fri, 07 Jun 2024 | ₪1.7b | ₪1.2b | -₪238,716,600.70 | 22.8x | -7x | 1.4x |
| Sun, 05 May 2024 | ₪1.6b | ₪1.2b | -₪258,191,035.60 | 24.9x | -6.2x | 1.3x |
| Tue, 02 Apr 2024 | ₪1.7b | ₪1.2b | -₪183,327,839.00 | 22.6x | -9.3x | 1.4x |
| Thu, 29 Feb 2024 | ₪1.8b | ₪1.2b | -₪205,912,605.20 | 19.2x | -8.7x | 1.5x |
| Sat, 27 Jan 2024 | ₪2.0b | ₪1.2b | -₪267,657,997.00 | 17.1x | -7.3x | 1.6x |
| Mon, 25 Dec 2023 | ₪2.0b | ₪1.2b | -₪265,802,656.00 | 16.6x | -7.4x | 1.6x |
| Wed, 22 Nov 2023 | ₪2.1b | ₪1.2b | -₪296,792,854.00 | 16x | -7.2x | 1.8x |
| Fri, 20 Oct 2023 | ₪1.9b | ₪1.2b | -₪339,054,909.00 | 15.9x | -5.6x | 1.6x |
| Sun, 17 Sep 2023 | ₪2.0b | ₪1.2b | -₪348,201,272.00 | 16.9x | -5.8x | 1.7x |
| Tue, 15 Aug 2023 | ₪1.9b | ₪1.2b | -₪396,652,186.00 | 17.5x | -4.7x | 1.6x |
| Thu, 13 Jul 2023 | ₪1.7b | ₪1.1b | -₪419,363,769.00 | 47.1x | -3.9x | 1.4x |
| Sat, 10 Jun 2023 | ₪1.7b | ₪1.1b | -₪416,206,296.00 | 48.6x | -4.1x | 1.5x |
| Mon, 08 May 2023 | ₪1.7b | ₪1.1b | -₪426,113,905.00 | 47.6x | -4.1x | 1.6x |
| Wed, 05 Apr 2023 | ₪1.8b | ₪1.1b | -₪454,098,874.00 | 49.7x | -3.9x | 1.6x |
| Fri, 03 Mar 2023 | ₪1.7b | ₪1.1b | -₪402,804,698.00 | 4.3x | -4.3x | 1.5x |
| Sun, 29 Jan 2023 | ₪1.9b | ₪1.1b | -₪388,535,696.00 | 4.6x | -5x | 1.8x |
| Tue, 27 Dec 2022 | ₪1.9b | ₪1.1b | -₪394,984,670.00 | 4.4x | -4.7x | 1.7x |
| Thu, 24 Nov 2022 | ₪2.2b | ₪1.1b | -₪359,207,370.00 | 4.7x | -6x | 2x |
| Sat, 22 Oct 2022 | ₪2.5b | ₪1.1b | -₪354,078,473.00 | 5x | -7x | 2.2x |
| Mon, 19 Sep 2022 | ₪2.6b | ₪1.1b | -₪276,837,445.00 | 4.8x | -9.3x | 2.3x |
| Wed, 17 Aug 2022 | ₪3.0b | ₪1.1b | -₪229,135,057.00 | 9.2x | -13.1x | 2.7x |
| Fri, 15 Jul 2022 | ₪3.1b | ₪1.1b | -₪232,787,782.00 | 8.9x | -13.2x | 2.7x |
| Sun, 12 Jun 2022 | ₪3.1b | ₪1.1b | -₪225,766,009.00 | 9.8x | -13.7x | 2.7x |
| Tue, 10 May 2022 | ₪3.2b | ₪1.1b | -₪179,704,174.00 | 9.4x | -18x | 2.9x |
| Thu, 07 Apr 2022 | ₪3.8b | ₪1.1b | -₪171,886,404.00 | 10.3x | -22.3x | 3.4x |
| Sat, 05 Mar 2022 | ₪5.8b | ₪1.2b | -₪156,226,896.00 | 17.2x | -37x | 4.7x |
| Mon, 31 Jan 2022 | ₪5.9b | ₪1.2b | -₪157,223,592.00 | 22.7x | -37.7x | 4.8x |
| Wed, 29 Dec 2021 | ₪6.5b | ₪1.2b | -₪154,837,653.00 | 24.8x | -41.9x | 5.3x |
| Fri, 26 Nov 2021 | ₪5.9b | ₪1.3b | -₪127,662,062.00 | 35.4x | -45.9x | 4.7x |
Price to Earnings Ratio
-45.9x
Current Industry PE
- Investors are pessimistic on the Israeli Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have deteriorated over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Israeli Healthcare industry?
| IL Market | 1.92% | |
| Healthcare | -0.37% | |
| Medical Equipment | -9.63% | |
| Medical Supplies | 3.59% | |
| Medical Equipment | -10.69% | |
Industry PE
- Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 1.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 70% over the next 5 years.
- This is better than its past earnings decline of 58% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 70% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BIOV Bio-View | ₪0.31 | 21.9% +₪7.0m | -4.3% | PE43.8x | |
| NISA Nissan Medical Industries | ₪16.13 | 4.7% +₪6.6m | 58.3% | PE7.5x | |
| EMITF-M Elbit Imaging | ₪5.20 | 5.3% +₪2.8m | 18.2% | PS168.7x | |
| ENDY Endymed | ₪2.90 | 6.2% +₪2.3m | -20.0% | PS0.5x |