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Italian (Borsa Italiana) Medical Equipment Industry Analysis
UpdatedSep 13, 2024
DataAggregated Company Financials
Companies5
- 7D0.6%
- 3M3.9%
- 1Y8.9%
- YTD8.0%
Over the last 7 days, the Medical Equipment industry has remained flat, although notably iVision Tech declined by 5.3%. As for the the longer term, the industry is up 9.7% over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Italian Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 13 Sep 2024 | €6.3b | €12.7b | €811.0m | 10.5x | 7.8x | 0.5x |
| Sun, 11 Aug 2024 | €6.3b | €12.8b | €814.0m | 13x | 7.7x | 0.5x |
| Tue, 09 Jul 2024 | €6.2b | €12.8b | €810.1m | 13.8x | 7.7x | 0.5x |
| Thu, 06 Jun 2024 | €6.3b | €12.8b | €810.1m | 14.3x | 7.8x | 0.5x |
| Sat, 04 May 2024 | €6.0b | €12.8b | €808.3m | 15.8x | 7.5x | 0.5x |
| Mon, 01 Apr 2024 | €5.9b | €12.8b | €806.9m | 15.2x | 7.3x | 0.5x |
| Wed, 28 Feb 2024 | €6.0b | €12.8b | €797.6m | 13.1x | 7.5x | 0.5x |
| Fri, 26 Jan 2024 | €5.4b | €12.8b | €797.6m | 14.4x | 6.8x | 0.4x |
| Sun, 24 Dec 2023 | €5.9b | €12.8b | €797.6m | 14.3x | 7.4x | 0.5x |
| Tue, 21 Nov 2023 | €5.6b | €12.8b | €802.0m | 12.1x | 7x | 0.4x |
| Thu, 19 Oct 2023 | €5.3b | €12.9b | €839.6m | 12.5x | 6.3x | 0.4x |
| Sat, 16 Sep 2023 | €5.9b | €11.6b | €533.2m | 13.6x | 11x | 0.5x |
| Mon, 14 Aug 2023 | €5.9b | €2.1b | €252.5m | 15x | 23.2x | 2.7x |
| Wed, 12 Jul 2023 | €6.0b | €2.1b | €262.4m | 18.9x | 22.8x | 2.8x |
| Fri, 09 Jun 2023 | €6.2b | €2.1b | €262.4m | 19.6x | 23.6x | 2.9x |
| Sun, 07 May 2023 | €6.7b | €2.2b | €303.9m | 19.8x | 22x | 3.1x |
| Tue, 04 Apr 2023 | €6.3b | €2.2b | €302.1m | 19.4x | 20.8x | 2.9x |
| Thu, 02 Mar 2023 | €7.3b | €2.2b | €342.8m | 22.7x | 21.4x | 3.4x |
| Sat, 28 Jan 2023 | €8.0b | €2.2b | €342.8m | 23.1x | 23.3x | 3.7x |
| Mon, 26 Dec 2022 | €8.1b | €2.2b | €342.8m | 23.2x | 23.8x | 3.8x |
| Wed, 23 Nov 2022 | €8.4b | €2.2b | €342.8m | 23.7x | 24.5x | 3.9x |
| Fri, 21 Oct 2022 | €8.0b | €2.2b | €360.6m | 20.7x | 22.2x | 3.7x |
| Sun, 18 Sep 2022 | €8.0b | €2.2b | €361.9m | 20.7x | 22x | 3.7x |
| Tue, 16 Aug 2022 | €8.9b | €2.1b | €359.4m | 24x | 24.7x | 4.2x |
| Thu, 14 Jul 2022 | €8.4b | €2.0b | €368.9m | 22.8x | 22.9x | 4.3x |
| Sat, 11 Jun 2022 | €7.5b | €2.0b | €368.9m | 20x | 20.2x | 3.8x |
| Mon, 09 May 2022 | €7.8b | €1.9b | €361.4m | 21.4x | 21.5x | 4.2x |
| Wed, 06 Apr 2022 | €9.5b | €1.8b | €356.1m | 26x | 26.7x | 5.3x |
| Fri, 04 Mar 2022 | €9.7b | €2.0b | €440.8m | 20.4x | 22x | 4.7x |
| Sun, 30 Jan 2022 | €10.5b | €2.0b | €440.8m | 22.8x | 23.7x | 5.1x |
| Tue, 28 Dec 2021 | €12.4b | €2.0b | €440.8m | 24.3x | 28.1x | 6.1x |
| Thu, 25 Nov 2021 | €12.9b | €2.0b | €440.8m | 24.4x | 29.3x | 6.3x |
| Sat, 23 Oct 2021 | €13.8b | €1.9b | €438.8m | 34.1x | 31.4x | 7.1x |
| Mon, 20 Sep 2021 | €14.5b | €1.9b | €438.8m | 32.6x | 33.1x | 7.5x |
Price to Earnings Ratio
33.1x
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 7.8x which is lower than its 3-year average PE of 18.2x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 0.50x.
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 87% 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 | -0.59% | |
| Healthcare | -0.96% | |
| Medical Equipment | 0.56% | |
| Medical Equipment | 0.57% | |
| Medical Supplies | -0.78% | |
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 14.2%, which is higher than its past year's earnings decline of 15.0% per year.
- Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 12.8x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings decline of 15% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| DIA DiaSorin | €102.05 | 0.9% +€48.0m | 10.8% | PE32.4x | |
| ELN EL.En | €9.71 | 3.1% +€23.2m | 3.9% | PE15.6x | |
| SVS Svas Biosana | €7.85 | 1.9% +€809.7k | -6.5% | PE8.3x |