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
Fri, 19 Apr 2024	€7.5b	€3.0b	€183.6m	20.5x	40.8x	2.5x
Sun, 17 Mar 2024	€7.8b	€3.0b	€183.1m	20.2x	42.7x	2.6x
Tue, 13 Feb 2024	€7.6b	€2.9b	€198.2m	18.5x	38.4x	2.6x
Thu, 11 Jan 2024	€7.6b	€2.9b	€198.2m	17.1x	38.2x	2.6x
Sat, 09 Dec 2023	€6.8b	€2.9b	€198.2m	17.1x	34.5x	2.3x
Mon, 06 Nov 2023	€6.7b	€2.9b	€198.4m	16.8x	33.8x	2.3x
Wed, 04 Oct 2023	€6.7b	€2.9b	€205.4m	16.5x	32.8x	2.3x
Fri, 01 Sep 2023	€7.2b	€2.9b	€207.2m	15x	34.8x	2.5x
Sun, 30 Jul 2023	€7.5b	€2.9b	€212.5m	14.5x	35.4x	2.6x
Tue, 27 Jun 2023	€7.8b	€2.9b	€212.5m	14.3x	36.8x	2.7x
Thu, 25 May 2023	€7.8b	€2.9b	€212.5m	14.5x	36.8x	2.7x
Sat, 22 Apr 2023	€7.9b	€2.8b	€207.9m	15.4x	38.1x	2.8x
Mon, 20 Mar 2023	€7.1b	€2.8b	€207.6m	15.5x	34.3x	2.5x
Wed, 15 Feb 2023	€6.6b	€2.8b	€210.5m	14.5x	31.2x	2.3x
Fri, 13 Jan 2023	€6.3b	€2.8b	€210.5m	15.3x	30.1x	2.3x
Sun, 11 Dec 2022	€6.7b	€2.8b	€210.5m	15.3x	31.9x	2.4x
Tue, 08 Nov 2022	€6.2b	€2.8b	€210.8m	16.7x	29.4x	2.2x
Thu, 06 Oct 2022	€6.5b	€2.7b	€206.1m	15.4x	31.5x	2.4x
Sat, 03 Sep 2022	€6.3b	€2.7b	€201.2m	23.1x	31.5x	2.3x
Mon, 01 Aug 2022	€7.7b	€2.7b	€201.9m	22.6x	38x	2.8x
Wed, 29 Jun 2022	€7.0b	€2.7b	€199.0m	19.1x	35.3x	2.6x
Fri, 27 May 2022	€7.6b	€2.7b	€199.0m	21.4x	38.4x	2.9x
Sun, 24 Apr 2022	€9.2b	€2.6b	€191.7m	24.2x	47.7x	3.5x
Tue, 22 Mar 2022	€8.9b	€2.6b	€192.4m	21.3x	46.3x	3.5x
Thu, 17 Feb 2022	€8.6b	€2.5b	€193.4m	21.4x	44.3x	3.4x
Sat, 15 Jan 2022	€9.7b	€2.5b	€191.8m	18.6x	50.5x	3.8x
Mon, 13 Dec 2021	€10.0b	€2.5b	€191.8m	20.5x	52.2x	4x
Wed, 10 Nov 2021	€10.9b	€2.5b	€189.2m	21.3x	57.8x	4.3x
Fri, 08 Oct 2021	€10.1b	€2.5b	€194.2m	27x	51.9x	4.1x
Sun, 05 Sep 2021	€10.6b	€2.4b	€184.4m	37.2x	57.4x	4.3x
Tue, 03 Aug 2021	€10.1b	€2.4b	€184.4m	35.5x	55x	4.2x
Fri, 07 May 2021	€8.5b	€2.2b	€134.8m	31x	62.9x	3.9x

Current Industry PE

Investors are relatively neutral on the Italian Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 41.7x.

The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.5x.

Past Earnings Growth

The earnings for companies in the Healthcare industry have grown 11% per year over the last three years.
Revenues for these companies have grown 12% 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?


IT Market	-1.37%
Healthcare	0.57%
Healthcare Services	0.79%
Healthcare Services	1.58%
Healthcare Distributors	1.28%
Managed Healthcare	0%
Healthcare Facilities	-6.78%

Industry PE

Investors are most optimistic about the Healthcare Distributors industry, which is trading close to its 3-year average PE ratio of 45.7x.

Analysts are expecting annual earnings growth of 18.2%, which is higher than its past year's earnings decline of 13.1% per year.

Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 14.2x.

Forecasted Growth

Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 21% over the next 5 years.
This is roughly in line with its past earnings growth rate.

In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 10% per year over the next few years.

Company	Last Price	7D	1Y	Valuation
AMP Amplifon	€31.01	2.1% +€144.5m	-5.5%	PE45.1x
SRI Servizi Italia	€1.78	2.0% +€1.0m	32.3%	PE9.5x
EUK EuKedos	€0.84	2.4% +€454.8k	-27.5%	PE34.6x

Company

Last Price

Valuation

AMP Amplifon

€31.01

2.1%
+€144.5m

-5.5%

PE45.1x

SRI Servizi Italia

€1.78

2.0%
+€1.0m

32.3%