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Italian (Borsa Italiana) Medical Equipment Industry Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.7%
  • 3M1.4%
  • 1Y-3.7%
  • YTD4.0%

Over the last 7 days, the Medical Equipment industry has dropped 2.0%, driven by a pullback from DiaSorin of 1.9%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Italian Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024€6.1b€12.8b€810.1m13.8x7.6x0.5x
Thu, 16 May 2024€6.5b€12.8b€812.3m15.7x8x0.5x
Sat, 13 Apr 2024€5.7b€12.8b€807.5m15.6x7.1x0.4x
Mon, 11 Mar 2024€6.0b€12.8b€797.6m12.6x7.5x0.5x
Wed, 07 Feb 2024€5.4b€12.8b€797.6m14.1x6.8x0.4x
Fri, 05 Jan 2024€5.6b€12.8b€797.6m14.4x7.1x0.4x
Sun, 03 Dec 2023€5.5b€12.8b€797.6m14.3x6.9x0.4x
Tue, 31 Oct 2023€5.2b€12.9b€839.6m13.3x6.2x0.4x
Thu, 28 Sep 2023€5.4b€11.6b€533.2m12.7x10.1x0.5x
Sat, 26 Aug 2023€6.0b€11.6b€534.9m13.9x11.2x0.5x
Mon, 24 Jul 2023€6.0b€2.1b€262.4m18.7x22.9x2.8x
Wed, 21 Jun 2023€6.3b€2.1b€262.4m19.4x23.9x2.9x
Fri, 19 May 2023€6.5b€2.1b€263.3m19.5x24.6x3.1x
Sun, 16 Apr 2023€6.3b€2.2b€302.5m19.9x20.9x2.9x
Tue, 14 Mar 2023€7.1b€2.2b€342.8m21.8x20.8x3.3x
Thu, 09 Feb 2023€7.9b€2.2b€342.8m23.8x23x3.7x
Sat, 07 Jan 2023€8.1b€2.2b€342.8m23.1x23.5x3.7x
Mon, 05 Dec 2022€8.5b€2.2b€342.8m24x24.8x3.9x
Wed, 02 Nov 2022€8.1b€2.2b€342.8m21.8x23.7x3.8x
Fri, 30 Sep 2022€7.0b€2.2b€361.9m18.4x19.4x3.2x
Sun, 28 Aug 2022€8.5b€2.1b€359.4m23.1x23.5x4x
Tue, 26 Jul 2022€8.8b€2.0b€368.9m23.7x23.9x4.5x
Thu, 23 Jun 2022€7.5b€2.0b€368.9m20.2x20.3x3.8x
Sat, 21 May 2022€7.7b€1.9b€365.5m22x21.1x4x
Mon, 18 Apr 2022€8.6b€1.9b€361.4m23.6x23.9x4.7x
Wed, 16 Mar 2022€9.4b€2.0b€440.8m20.1x21.3x4.6x
Fri, 11 Feb 2022€9.9b€2.0b€440.8m21.9x22.4x4.8x
Sun, 09 Jan 2022€11.7b€2.0b€440.8m24x26.5x5.7x
Tue, 07 Dec 2021€12.7b€2.0b€440.8m24.5x28.7x6.2x
Thu, 04 Nov 2021€14.2b€1.9b€438.8m35.1x32.5x7.3x
Sat, 02 Oct 2021€12.8b€1.9b€438.8m31.1x29.1x6.6x
Mon, 30 Aug 2021€14.3b€1.9b€433.7m34.4x33x7.6x
Tue, 06 Jul 2021€12.0b€1.9b€433.7m28.8x27.7x6.4x
Price to Earnings Ratio

27.7x


Total Market Cap: €12.0bTotal Earnings: €433.7mTotal Revenue: €1.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Medical Equipment Industry Price to Earnings3Y Average 19.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Italian Medical Equipment 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 7.6x which is lower than its 3-year average PE of 19.9x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 0.48x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 90% 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-4.74%
Healthcare-1.87%
Medical Equipment-2.75%
Medical Supplies1.76%
Medical Equipment-2.87%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 25.0x.
    • Analysts are expecting annual earnings growth of 14.4%, which is higher than its past year's earnings decline of 18.2% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 14.0x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 32% over the next 5 years.
  • However this is lower than its past earnings growth rate of 44% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MDC Medica€27.202.3%
+€2.5m
18.3%PE38.7x
IVN iVision Tech€2.067.3%
+€971.4k
n/aPE0.02x
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