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Jun 06
Israeli (TA) Medical Equipment Industry Analysis
UpdatedJun 06, 2023
DataAggregated Company Financials
Companies17
- 7D3.0%
- 3M-7.8%
- 1Y-48.2%
- YTD-13.4%
Over the last 7 days, the Medical Equipment industry has risen 2.0%, driven by gains from Epitomee Medical of 17%. In the same time, SofWave Medical was down 6.3%. However, the industry is down 49% over the past year. Earnings are forecast to grow by 45% 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, 06 Jun 2023 | ₪1.6b | ₪1.1b | -₪430,334,748.00 | 49.7x | -3.8x | 1.4x |
| Thu, 04 May 2023 | ₪1.8b | ₪1.1b | -₪426,218,876.00 | 47.6x | -4.2x | 1.6x |
| Sat, 01 Apr 2023 | ₪1.8b | ₪1.1b | -₪455,084,972.00 | 48.5x | -3.9x | 1.5x |
| Mon, 27 Feb 2023 | ₪1.8b | ₪1.1b | -₪402,454,008.00 | 4.3x | -4.4x | 1.6x |
| Wed, 25 Jan 2023 | ₪2.0b | ₪1.1b | -₪384,379,954.00 | 4.9x | -5.2x | 1.8x |
| Fri, 23 Dec 2022 | ₪1.9b | ₪1.1b | -₪394,310,328.00 | 4.4x | -4.7x | 1.7x |
| Sun, 20 Nov 2022 | ₪2.2b | ₪1.1b | -₪360,866,740.00 | 5x | -6.2x | 2x |
| Tue, 18 Oct 2022 | ₪2.5b | ₪1.1b | -₪354,607,890.00 | 5.5x | -7.1x | 2.3x |
| Thu, 15 Sep 2022 | ₪2.6b | ₪1.1b | -₪270,156,848.00 | 5.2x | -9.5x | 2.3x |
| Sat, 13 Aug 2022 | ₪3.0b | ₪1.1b | -₪224,184,114.00 | 9.3x | -13.6x | 2.7x |
| Mon, 11 Jul 2022 | ₪2.9b | ₪1.1b | -₪231,667,393.00 | 9.1x | -12.5x | 2.5x |
| Wed, 08 Jun 2022 | ₪3.1b | ₪1.1b | -₪223,299,195.00 | 9.8x | -13.8x | 2.7x |
| Fri, 06 May 2022 | ₪3.4b | ₪1.1b | -₪178,253,142.00 | 9.6x | -18.8x | 3x |
| Sun, 03 Apr 2022 | ₪3.9b | ₪1.1b | -₪103,062,394.00 | 14.1x | -37.8x | 3.5x |
| Tue, 01 Mar 2022 | ₪5.8b | ₪1.2b | -₪157,463,434.00 | 24.4x | -36.8x | 4.7x |
| Thu, 27 Jan 2022 | ₪5.9b | ₪1.2b | -₪156,574,641.00 | 22.5x | -37.5x | 4.8x |
| Sat, 25 Dec 2021 | ₪6.3b | ₪1.2b | -₪156,055,001.00 | 25.1x | -40.5x | 5.2x |
| Mon, 22 Nov 2021 | ₪5.9b | ₪1.3b | -₪122,427,044.00 | 35.3x | -48.4x | 4.7x |
| Wed, 20 Oct 2021 | ₪6.4b | ₪1.3b | -₪105,740,931.00 | 19x | -60.7x | 5.1x |
| Fri, 17 Sep 2021 | ₪6.3b | ₪1.2b | -₪256,608,882.00 | 29.2x | -24.7x | 5.1x |
| Sun, 15 Aug 2021 | ₪5.8b | ₪1.2b | -₪266,997,762.90 | 33.5x | -21.7x | 4.7x |
| Thu, 10 Jun 2021 | ₪5.1b | ₪1.1b | -₪253,723,186.50 | 14.2x | -20x | 4.5x |
| Wed, 03 Mar 2021 | ₪3.4b | ₪1.1b | -₪219,655,236.80 | 36.1x | -15.4x | 3.2x |
| Sat, 05 Dec 2020 | ₪2.0b | ₪1.0b | -₪56,131,866.95 | 10.6x | -36.1x | 2x |
| Tue, 08 Sep 2020 | ₪2.1b | ₪985.6m | -₪93,314,083.00 | 9.4x | -22.2x | 2.1x |
Price to Earnings Ratio
-18.9x
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 3.0x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 5.4% 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 caused losses to expand.
Industry Trends
Which industries have driven the changes within the Israeli Healthcare industry?
| IL Market | 0.26% | |
| Healthcare | 0.87% | |
| Medical Equipment | 3.03% | |
| Medical Equipment | 3.12% | |
| Medical Supplies | 1.78% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 78% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 45% 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 | |
|---|---|---|---|---|---|
| EPIT Epitomee Medical | ₪8.78 | 17.2% +₪38.0m | -53.6% | n/a | |
| BWAY BrainsWay | ₪3.50 | 20.7% +₪19.8m | -68.6% | PS1.2x | |
| PULS Pulsenmore | ₪7.42 | 1.6% +₪5.9m | -45.6% | PS34.2x | |
| IDNT Identi Healthcare | ₪3.39 | 9.6% +₪3.7m | -32.3% | PS4.5x | |
| NISA Nissan Medical Industries | ₪9.19 | 4.4% +₪3.5m | -48.2% | PS0.1x |
