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Israeli (TA) Medical Equipment Industry Analysis

UpdatedMay 15, 2022
DataAggregated Company Financials
Companies18
  • 7D-6.0%
  • 3M-30.2%
  • 1Y-64.3%
  • YTD-35.6%

In the last week, the Medical Equipment industry is down 6.0% with Erika B-Cure Laser down the most at 24%. In contrast, Pulsenmore has gained 24%. However, the industry is down 64% over the past year. Earnings are forecast to grow by 62% annually.

Industry Valuation and Performance

Has the Israeli Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 16 May 2022₪3.2b₪1.1b-₪181,251,942.009.4x
Wed, 13 Apr 2022₪3.6b₪1.1b-₪170,764,664.0010.1x
Fri, 11 Mar 2022₪5.8b₪1.3b-₪163,924,584.0013.5x
Sun, 06 Feb 2022₪5.9b₪1.2b-₪156,979,336.0022.5x
Tue, 04 Jan 2022₪7.9b₪1.2b-₪155,127,636.0024.2x
Thu, 02 Dec 2021₪5.6b₪1.2b-₪145,029,473.0034.9x
Sat, 30 Oct 2021₪6.5b₪1.3b-₪103,908,787.0018.7x
Mon, 27 Sep 2021₪6.6b₪1.3b-₪101,951,147.0028.7x
Wed, 25 Aug 2021₪5.8b₪1.2b-₪266,997,762.9031.7x
Thu, 01 Jul 2021₪6.1b₪1.2b-₪279,460,762.9018.8x
Sun, 04 Apr 2021₪3.3b₪1.1b-₪223,483,795.5014.9x
Wed, 06 Jan 2021₪2.7b₪1.1b-₪219,655,236.8038x
Sat, 10 Oct 2020₪1.9b₪1.0b-₪56,131,866.957.6x
Fri, 03 Jul 2020₪1.8b₪985.6m-₪93,314,083.007x
Mon, 06 Apr 2020₪1.4b₪962.0m-₪158,123,712.158x
Thu, 09 Jan 2020₪1.4b₪923.7m-₪77,014,285.006.1x
Wed, 02 Oct 2019₪1.3b₪936.1m-₪86,540,970.0011.3x
Sat, 06 Jul 2019₪1.6b₪928.4m-₪101,960,658.9010.6x
Median PE Ratio

8.3x


Total Market Cap: ₪1.3bTotal Earnings: -₪38,437,700.30Total Revenue: ₪913.1mTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Medical Equipment Industry Median PE3Y Average 15.3x202020212022
Current Industry PE
  • Investors are more pessimistic on the 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 9.4x which is lower than its 3-year average PE of 15.4x.
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 7.4% 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-4.17%
Healthcare-6.14%
Medical Equipment-6.02%
Medical Equipment-5.95%
Medical Supplies-6.99%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 36.5x.
  • Analysts are expecting annual earnings growth of 62%, which is lower than the prior year's growth of 121% per year. So the market might believe that analysts are underestimating future growth.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 12.9x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 62% over the next 5 years.
  • However this is lower than its past earnings growth rate of 121% per year.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    PULS Pulsenmore₪12.6536.9%
    +₪157.8m
    n/an/a
    ENDY Endymed₪5.907.2%
    +₪5.5m
    110.8%PS4.6x
    MRHL Merchavia Holdings and Investments₪0.544.1%
    +₪1.7m
    -32.4%PS7.5x
    EMITF Elbit Imaging₪5.842.4%
    +₪1.3m
    -8.4%PB0.8x
    BIOV Bio-View₪3.740.5%
    +₪246.6k
    23.0%PS23.5x
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    Latest News

    BWAY

    ₪9.87

    BrainsWay

    7D

    -14.8%

    1Y

    -30.8%

    ENDY

    ₪5.90

    Endymed

    7D

    7.2%

    1Y

    110.8%