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Italian (Borsa Italiana) Healthcare Services Industry Analysis
UpdatedDec 18, 2024
DataAggregated Company Financials
Companies6
- 7D-0.8%
- 3M-6.4%
- 1Y-19.1%
- YTD-18.2%
In the last week, Healthcare Services has been flat. Unfortunately though, the industry is down 19% over the past 12 months. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Italian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 18 Dec 2024 | €6.2b | €3.2b | €183.7m | 22.7x | 33.6x | 1.9x |
| Fri, 15 Nov 2024 | €6.0b | €3.2b | €186.6m | 21.3x | 32.4x | 1.9x |
| Sun, 13 Oct 2024 | €6.8b | €3.1b | €194.6m | 20.5x | 34.8x | 2.2x |
| Tue, 10 Sep 2024 | €7.0b | €3.1b | €192.7m | 21.2x | 36.1x | 2.2x |
| Thu, 08 Aug 2024 | €6.9b | €3.1b | €191.5m | 20.4x | 36.2x | 2.2x |
| Sat, 06 Jul 2024 | €7.6b | €3.1b | €190.7m | 20.8x | 39.8x | 2.5x |
| Mon, 03 Jun 2024 | €8.2b | €3.1b | €190.7m | 20.4x | 43x | 2.7x |
| Wed, 01 May 2024 | €7.6b | €3.0b | €183.6m | 20.1x | 41.4x | 2.5x |
| Fri, 29 Mar 2024 | €8.2b | €3.0b | €183.5m | 21x | 44.5x | 2.7x |
| Sun, 25 Feb 2024 | €7.8b | €2.9b | €198.2m | 18.7x | 39.4x | 2.6x |
| Tue, 23 Jan 2024 | €7.2b | €2.9b | €198.2m | 17.2x | 36.1x | 2.4x |
| Thu, 21 Dec 2023 | €7.7b | €2.9b | €198.2m | 17.3x | 38.9x | 2.6x |
| Sat, 18 Nov 2023 | €6.7b | €2.9b | €198.2m | 17.6x | 33.9x | 2.3x |
| Mon, 16 Oct 2023 | €6.7b | €2.9b | €205.5m | 17.2x | 32.8x | 2.3x |
| Wed, 13 Sep 2023 | €7.0b | €2.9b | €207.2m | 15.2x | 33.7x | 2.4x |
| Fri, 11 Aug 2023 | €7.2b | €2.9b | €208.9m | 14.9x | 34.6x | 2.5x |
| Sun, 09 Jul 2023 | €7.3b | €2.9b | €212.5m | 14.3x | 34.2x | 2.5x |
| Tue, 06 Jun 2023 | €8.1b | €2.9b | €212.5m | 14x | 38x | 2.8x |
| Thu, 04 May 2023 | €8.4b | €2.9b | €206.6m | 15.9x | 40.7x | 2.9x |
| Sat, 01 Apr 2023 | €7.6b | €2.8b | €207.6m | 15.5x | 36.6x | 2.7x |
| Mon, 27 Feb 2023 | €6.5b | €2.8b | €210.5m | 14.6x | 30.9x | 2.3x |
| Wed, 25 Jan 2023 | €6.2b | €2.8b | €210.5m | 14.5x | 29.6x | 2.2x |
| Fri, 23 Dec 2022 | €6.4b | €2.8b | €210.5m | 14.6x | 30.4x | 2.3x |
| Sun, 20 Nov 2022 | €6.7b | €2.8b | €210.5m | 16.3x | 31.7x | 2.4x |
| Tue, 18 Oct 2022 | €6.0b | €2.7b | €206.1m | 16x | 29x | 2.2x |
| Thu, 15 Sep 2022 | €6.1b | €2.7b | €203.9m | 20.7x | 29.7x | 2.2x |
| Sat, 13 Aug 2022 | €7.3b | €2.7b | €201.9m | 25.9x | 36.3x | 2.7x |
| Mon, 11 Jul 2022 | €7.4b | €2.7b | €199.0m | 21x | 37.4x | 2.8x |
| Wed, 08 Jun 2022 | €7.5b | €2.7b | €199.0m | 25.5x | 37.7x | 2.8x |
| Fri, 06 May 2022 | €8.8b | €2.6b | €191.7m | 21.8x | 45.8x | 3.4x |
| Sun, 03 Apr 2022 | €10.0b | €2.6b | €192.4m | 22.9x | 51.8x | 3.9x |
| Tue, 01 Mar 2022 | €9.2b | €2.5b | €193.4m | 20.5x | 47.4x | 3.6x |
| Thu, 27 Jan 2022 | €8.8b | €2.5b | €191.8m | 17.9x | 45.6x | 3.5x |
| Sat, 25 Dec 2021 | €10.8b | €2.5b | €191.8m | 19.2x | 56.4x | 4.3x |
Price to Earnings Ratio
56.4x
Current Industry PE
- Investors are pessimistic on the Italian Healthcare 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 33.6x which is lower than its 3-year average PE of 37.4x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.0% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Italian Healthcare industry?
| IT Market | -0.40% | |
| Healthcare | -1.46% | |
| Healthcare Services | -0.77% | |
| Healthcare Services | 0.32% | |
| Managed Healthcare | 0% | |
| Healthcare Distributors | -0.49% | |
| Healthcare Facilities | -4.29% | |
Industry PE
- Investors are most optimistic about the Healthcare Distributors industry even though it's trading below its 3-year average PE ratio of 41.3x.
- Analysts are expecting annual earnings growth of 16.8%, which is higher than its past year's earnings decline of 6.4% per year.
- Investors are most pessimistic about the Healthcare Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.9x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 8.6% per year.
- In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| HI Health Italia | €131.00 | 1.6% +€374.0k | 1.6% | PE14.5x | |
| PRE Predict | €0.65 | 3.8% +€173.3k | n/a | PS0.7x |
