Italian (Borsa Italiana) Healthcare Services Industry Analysis

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
Mon, 05 Jun 2023	€8.0b	€2.9b	€212.5m	14.1x	37.5x	2.8x
Wed, 03 May 2023	€7.9b	€2.8b	€207.9m	15.6x	37.9x	2.8x
Fri, 31 Mar 2023	€7.6b	€2.8b	€207.6m	15.5x	36.7x	2.7x
Sun, 26 Feb 2023	€6.5b	€2.8b	€210.5m	14.6x	30.9x	2.3x
Tue, 24 Jan 2023	€6.2b	€2.8b	€210.5m	14.7x	29.6x	2.2x
Thu, 22 Dec 2022	€6.5b	€2.8b	€210.5m	14.7x	31.1x	2.3x
Sat, 19 Nov 2022	€6.7b	€2.8b	€210.5m	16.3x	31.7x	2.4x
Mon, 17 Oct 2022	€6.0b	€2.7b	€206.1m	16x	29x	2.2x
Wed, 14 Sep 2022	€6.3b	€2.7b	€201.2m	19.6x	31.2x	2.3x
Fri, 12 Aug 2022	€7.5b	€2.7b	€201.9m	25x	37x	2.8x
Sun, 10 Jul 2022	€7.4b	€2.7b	€199.0m	21x	37.4x	2.8x
Tue, 07 Jun 2022	€7.6b	€2.7b	€199.0m	22.6x	38x	2.8x
Thu, 05 May 2022	€8.9b	€2.6b	€191.7m	22.6x	46.4x	3.5x
Sat, 02 Apr 2022	€10.0b	€2.6b	€192.4m	22.9x	51.8x	3.9x
Mon, 28 Feb 2022	€8.9b	€2.5b	€193.4m	20.2x	46.2x	3.5x
Wed, 26 Jan 2022	€8.6b	€2.5b	€191.8m	17.8x	45x	3.4x
Fri, 24 Dec 2021	€10.8b	€2.5b	€191.8m	19.2x	56.4x	4.3x
Sun, 21 Nov 2021	€10.7b	€2.5b	€191.8m	20.7x	55.7x	4.2x
Tue, 19 Oct 2021	€10.1b	€2.5b	€194.2m	20.7x	51.8x	4x
Thu, 16 Sep 2021	€10.2b	€2.5b	€193.0m	27.8x	52.9x	4.1x
Sat, 14 Aug 2021	€10.3b	€2.4b	€184.4m	36.2x	55.7x	4.2x
Wed, 09 Jun 2021	€9.3b	€2.2b	€134.8m	33.1x	69.3x	4.3x
Tue, 02 Mar 2021	€8.0b	€2.1b	€115.3m	31.1x	69.2x	3.8x
Fri, 04 Dec 2020	€8.1b	€2.1b	€96.5m	52.6x	83.8x	3.9x
Mon, 07 Sep 2020	€6.8b	€2.0b	€73.6m	71.6x	91.8x	3.3x

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 37.5x which is lower than its 3-year average PE of 53.2x.

The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.8x.

Past Earnings Growth

The earnings for companies in the Healthcare industry have grown 24% per year over the last three years.
Revenues for these companies have grown 8.5% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Italian Healthcare industry?

Industry PE

Investors are most optimistic about the Healthcare Distributors industry even though it's trading below its 3-year average PE ratio of 56.8x.

Analysts are expecting annual earnings growth of 14.1%, which is higher than its past year's earnings growth of 3.3% 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.

Forecasted Growth

Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 14% over the next 5 years.
This is better than its past earnings growth rate of 3.3% per year.