Japanese (NIKKEI) Healthtech Industry Analysis
UpdatedFeb 02, 2023
DataAggregated Company Financials
Companies20
- 7D-2.5%
- 3M-16.5%
- 1Y-17.5%
- YTD4.8%
Over the last 7 days, the Healthtech industry has dropped 3.6%, driven by M3 declining 3.2%. In contrast, Mental Health TechnologiesLtd has gained 19%. However, the industry is down 15% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Japanese Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 Feb 2023 | JP¥3.2t | JP¥368.0b | JP¥63.0b | 34.1x | 51.2x | 8.8x |
| Sat, 31 Dec 2022 | JP¥3.2t | JP¥368.0b | JP¥63.0b | 29.8x | 50.7x | 8.7x |
| Mon, 28 Nov 2022 | JP¥3.9t | JP¥361.9b | JP¥62.2b | 33.6x | 62.3x | 10.7x |
| Wed, 26 Oct 2022 | JP¥3.7t | JP¥350.2b | JP¥75.6b | 36.5x | 49.2x | 10.6x |
| Fri, 23 Sep 2022 | JP¥3.6t | JP¥350.2b | JP¥75.6b | 32.6x | 48.1x | 10.4x |
| Sun, 21 Aug 2022 | JP¥4.2t | JP¥350.0b | JP¥75.7b | 37.6x | 55.6x | 12x |
| Tue, 19 Jul 2022 | JP¥3.5t | JP¥334.7b | JP¥78.8b | 38.7x | 44.1x | 10.4x |
| Thu, 16 Jun 2022 | JP¥3.1t | JP¥334.7b | JP¥78.8b | 34x | 39.4x | 9.3x |
| Sat, 14 May 2022 | JP¥3.2t | JP¥333.2b | JP¥79.0b | 34.8x | 40.4x | 9.6x |
| Mon, 11 Apr 2022 | JP¥4.2t | JP¥323.2b | JP¥82.7b | 41.1x | 50.5x | 12.9x |
| Wed, 09 Mar 2022 | JP¥3.6t | JP¥321.6b | JP¥82.4b | 32.5x | 43.3x | 11.1x |
| Fri, 04 Feb 2022 | JP¥3.5t | JP¥316.0b | JP¥81.1b | 37.6x | 42.8x | 11x |
| Sun, 02 Jan 2022 | JP¥5.0t | JP¥310.8b | JP¥77.1b | 41.8x | 64.5x | 16x |
| Tue, 30 Nov 2021 | JP¥5.3t | JP¥303.4b | JP¥77.0b | 41.3x | 68.3x | 17.3x |
| Thu, 28 Oct 2021 | JP¥5.9t | JP¥286.7b | JP¥59.6b | 60.2x | 99x | 20.6x |
| Sat, 25 Sep 2021 | JP¥6.8t | JP¥286.7b | JP¥59.6b | 68.8x | 114.3x | 23.8x |
| Mon, 23 Aug 2021 | JP¥5.7t | JP¥288.2b | JP¥59.5b | 51.7x | 96.7x | 19.9x |
| Sat, 10 Jul 2021 | JP¥6.5t | JP¥288.2b | JP¥59.5b | 58.4x | 108.8x | 22.5x |
| Fri, 02 Apr 2021 | JP¥6.1t | JP¥273.0b | JP¥49.1b | 93.6x | 123.7x | 22.3x |
| Mon, 04 Jan 2021 | JP¥7.6t | JP¥256.9b | JP¥41.4b | 81.6x | 184.6x | 29.8x |
| Thu, 08 Oct 2020 | JP¥5.3t | JP¥223.9b | JP¥33.4b | 99.9x | 157.8x | 23.5x |
| Wed, 01 Jul 2020 | JP¥3.7t | JP¥212.1b | JP¥29.3b | 57.2x | 127.9x | 17.6x |
| Sat, 04 Apr 2020 | JP¥2.6t | JP¥206.0b | JP¥28.1b | 40.7x | 91.9x | 12.5x |
Price to Earnings Ratio
97.6x
Current Industry PE
- Investors are pessimistic on the Japanese Healthcare Services 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 51.0x which is lower than its 3-year average PE of 98.7x.
- The 3-year average PS ratio of 17.3x is higher than the industry's current PS ratio of 8.7x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have grown 32% per year over the last three years.
- Revenues for these companies have grown 23% 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 Japanese Healthcare industry?
| JP Market | -0.30% | |
| Healthcare | -2.90% | |
| Healthtech | -2.53% | |
| Healthtech | -2.53% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9218 Mental Health TechnologiesLtd | JP¥1.45k | 18.8% +JP¥2.3b | n/a | PE41.2x | |
| 3902 Medical Data Vision | JP¥993.00 | 4.1% +JP¥1.5b | -6.3% | PE32.6x | |
| 5038 eWeLLLtd | JP¥4.44k | 4.2% +JP¥1.3b | n/a | n/a | |
| 2150 CareNet | JP¥1.11k | 2.1% +JP¥1.0b | 25.9% | PE28x | |
| 4320 CE HoldingsLtd | JP¥514.00 | 2.0% +JP¥187.6m | -0.4% | PE13.1x |