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Italian (Borsa Italiana) Healthcare Services Industry Analysis
UpdatedNov 18, 2024
DataAggregated Company Financials
Companies6
- 7D-2.1%
- 3M-16.4%
- 1Y-11.2%
- YTD-21.0%
Over the last 7 days, the Healthcare Services industry has dropped 2.1%, driven by a pullback from Amplifon of 5.9%. Overall the industry is down 11% in 12 months. Earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Mon, 18 Nov 2024 | €6.0b | €3.2b | €183.7m | 23.5x | 32.5x | 1.9x |
| Wed, 16 Oct 2024 | €6.7b | €3.1b | €194.6m | 20.9x | 34.3x | 2.1x |
| Fri, 13 Sep 2024 | €6.7b | €3.1b | €192.7m | 21.3x | 34.8x | 2.2x |
| Sun, 11 Aug 2024 | €6.8b | €3.1b | €191.5m | 20.6x | 35.6x | 2.2x |
| Tue, 09 Jul 2024 | €7.5b | €3.1b | €190.7m | 20.4x | 39.2x | 2.4x |
| Thu, 06 Jun 2024 | €8.3b | €3.1b | €190.7m | 21.6x | 43.3x | 2.7x |
| Sat, 04 May 2024 | €7.6b | €3.0b | €183.6m | 20.4x | 41.6x | 2.5x |
| Mon, 01 Apr 2024 | €8.2b | €3.0b | €183.5m | 21x | 44.5x | 2.7x |
| Wed, 28 Feb 2024 | €7.7b | €2.9b | €198.2m | 19.1x | 39.1x | 2.6x |
| Fri, 26 Jan 2024 | €7.2b | €2.9b | €198.2m | 18.2x | 36.5x | 2.5x |
| Sun, 24 Dec 2023 | €7.6b | €2.9b | €198.2m | 18.1x | 38.5x | 2.6x |
| Tue, 21 Nov 2023 | €6.9b | €2.9b | €198.2m | 17.9x | 34.6x | 2.3x |
| Thu, 19 Oct 2023 | €6.5b | €2.9b | €205.5m | 16.6x | 31.8x | 2.2x |
| Sat, 16 Sep 2023 | €7.2b | €2.9b | €206.2m | 16.4x | 34.9x | 2.5x |
| Mon, 14 Aug 2023 | €7.2b | €2.9b | €207.2m | 14.9x | 34.7x | 2.5x |
| Wed, 12 Jul 2023 | €7.3b | €2.9b | €212.5m | 14.2x | 34.3x | 2.5x |
| Fri, 09 Jun 2023 | €8.3b | €2.9b | €212.5m | 14.3x | 39x | 2.9x |
| Sun, 07 May 2023 | €8.5b | €2.9b | €206.6m | 16.6x | 41.2x | 3x |
| Tue, 04 Apr 2023 | €7.6b | €2.8b | €207.6m | 15.3x | 36.5x | 2.7x |
| Thu, 02 Mar 2023 | €6.5b | €2.8b | €210.5m | 14.5x | 30.9x | 2.3x |
| Sat, 28 Jan 2023 | €6.2b | €2.8b | €210.5m | 14.4x | 29.5x | 2.2x |
| Mon, 26 Dec 2022 | €6.5b | €2.8b | €210.5m | 14.7x | 30.7x | 2.3x |
| Wed, 23 Nov 2022 | €6.5b | €2.8b | €210.5m | 15.3x | 31x | 2.3x |
| Fri, 21 Oct 2022 | €6.5b | €2.7b | €206.1m | 16.2x | 31.4x | 2.4x |
| Sun, 18 Sep 2022 | €6.0b | €2.7b | €203.9m | 19.3x | 29.2x | 2.2x |
| Tue, 16 Aug 2022 | €7.3b | €2.7b | €201.9m | 25.9x | 36.3x | 2.7x |
| Thu, 14 Jul 2022 | €6.9b | €2.7b | €199.0m | 22x | 34.6x | 2.6x |
| Sat, 11 Jun 2022 | €7.0b | €2.7b | €199.0m | 23x | 35.2x | 2.6x |
| Mon, 09 May 2022 | €8.5b | €2.6b | €199.6m | 21.9x | 42.6x | 3.2x |
| Wed, 06 Apr 2022 | €10.2b | €2.6b | €192.4m | 22.7x | 53x | 4x |
| Fri, 04 Mar 2022 | €9.0b | €2.5b | €193.4m | 21x | 46.5x | 3.5x |
| Sun, 30 Jan 2022 | €8.6b | €2.5b | €191.8m | 18x | 45x | 3.4x |
| Tue, 28 Dec 2021 | €11.0b | €2.5b | €191.8m | 19.5x | 57.4x | 4.3x |
| Thu, 25 Nov 2021 | €10.3b | €2.5b | €191.8m | 20.8x | 53.6x | 4.1x |
Price to Earnings Ratio
53.6x
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 32.5x which is lower than its 3-year average PE of 38.0x.
- The 3-year average PS ratio of 2.7x 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 | 0.86% | |
| Healthcare | -1.15% | |
| Healthcare Services | -2.10% | |
| Healthcare Facilities | 2.96% | |
| Healthcare Services | 0.50% | |
| Managed Healthcare | 0% | |
| Healthcare Distributors | -2.59% | |
Industry PE
- Investors are most optimistic about the Healthcare Distributors industry even though it's trading below its 3-year average PE ratio of 42.0x.
- Analysts are expecting annual earnings growth of 17.6%, 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 11.8x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings decline of 6.4% 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 | |
|---|---|---|---|---|---|
| GHC Garofalo Health Care | €5.56 | 1.8% +€8.9m | 19.1% | PE23.5x | |
| HI Health Italia | €129.50 | 6.1% +€1.4m | -3.0% | PE14.3x |
