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, 26 Jul 2024	€7.3b	€3.1b	€190.7m	20.7x	38.4x	2.4x
Sun, 23 Jun 2024	€8.0b	€3.1b	€190.7m	20.5x	42.1x	2.6x
Tue, 21 May 2024	€8.4b	€3.1b	€190.7m	20.2x	43.8x	2.7x
Thu, 18 Apr 2024	€7.5b	€3.0b	€183.6m	20.5x	40.8x	2.5x
Sat, 16 Mar 2024	€7.8b	€3.0b	€185.3m	18.2x	42.2x	2.6x
Mon, 12 Feb 2024	€7.6b	€2.9b	€198.2m	18.3x	38.4x	2.6x
Wed, 10 Jan 2024	€7.6b	€2.9b	€198.2m	17.1x	38.5x	2.6x
Fri, 08 Dec 2023	€6.7b	€2.9b	€198.2m	17.1x	33.9x	2.3x
Sun, 05 Nov 2023	€6.7b	€2.9b	€198.4m	16.8x	33.8x	2.3x
Tue, 03 Oct 2023	€6.8b	€2.9b	€205.4m	16.5x	33.1x	2.3x
Thu, 31 Aug 2023	€7.3b	€2.9b	€207.2m	14.9x	35.1x	2.5x
Sat, 29 Jul 2023	€7.5b	€2.9b	€212.5m	14.5x	35.4x	2.6x
Mon, 26 Jun 2023	€7.9b	€2.9b	€212.5m	14.4x	37.3x	2.8x
Wed, 24 May 2023	€7.9b	€2.9b	€212.5m	14.7x	37.1x	2.7x
Fri, 21 Apr 2023	€7.8b	€2.8b	€207.9m	15.3x	37.5x	2.8x
Sun, 19 Mar 2023	€7.1b	€2.8b	€207.6m	15.5x	34.3x	2.5x
Tue, 14 Feb 2023	€6.6b	€2.8b	€210.5m	14.8x	31.5x	2.4x
Thu, 12 Jan 2023	€6.5b	€2.8b	€210.5m	15.1x	30.7x	2.3x
Sat, 10 Dec 2022	€6.7b	€2.8b	€210.5m	15.3x	31.9x	2.4x
Mon, 07 Nov 2022	€6.1b	€2.8b	€210.8m	16.5x	28.9x	2.2x
Wed, 05 Oct 2022	€6.6b	€2.7b	€206.1m	15.5x	32.1x	2.4x
Fri, 02 Sep 2022	€6.1b	€2.7b	€201.2m	24.4x	30.5x	2.3x
Sun, 31 Jul 2022	€7.7b	€2.7b	€199.0m	22.6x	38.5x	2.9x
Tue, 28 Jun 2022	€7.2b	€2.7b	€199.0m	19.1x	36x	2.7x
Thu, 26 May 2022	€7.6b	€2.7b	€199.0m	21.4x	38.4x	2.9x
Sat, 23 Apr 2022	€9.2b	€2.6b	€191.7m	24.2x	47.7x	3.5x
Mon, 21 Mar 2022	€9.0b	€2.6b	€192.4m	21.3x	46.9x	3.5x
Wed, 16 Feb 2022	€8.7b	€2.5b	€193.4m	21.4x	44.9x	3.4x
Fri, 14 Jan 2022	€9.8b	€2.5b	€191.8m	18.4x	51x	3.9x
Sun, 12 Dec 2021	€10.0b	€2.5b	€191.8m	20.5x	52.2x	4x
Tue, 09 Nov 2021	€10.9b	€2.5b	€189.2m	21.3x	57.8x	4.3x
Thu, 07 Oct 2021	€10.0b	€2.5b	€194.2m	27.4x	51.4x	4x
Sat, 04 Sep 2021	€10.6b	€2.4b	€184.4m	37.2x	57.4x	4.3x
Mon, 02 Aug 2021	€10.1b	€2.4b	€184.4m	35.6x	54.9x	4.1x

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 40.0x.

The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.4x.

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 7.9% 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	0.13%
Healthcare	0.38%
Healthcare Services	-0.23%
Healthcare Facilities	0.78%
Managed Healthcare	0%
Healthcare Distributors	-0.27%
Healthcare Services	-2.15%

Industry PE

Investors are most optimistic about the Healthcare Distributors industry, which is trading close to its 3-year average PE ratio of 44.1x.

Analysts are expecting annual earnings growth of 17.6%, which is higher than its past year's earnings decline of 9.3% per year.

Investors are most pessimistic about the Healthcare Services industry, which is trading close to its 3-year average of 12.7x.

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 9.3% per year.