Japanese (NIKKEI) Medical Equipment Industry Analysis
UpdatedMay 21, 2022
DataAggregated Company Financials
Companies20
- 7D-1.7%
- 3M6.1%
- 1Y-2.6%
- YTD-21.2%
Over the last 7 days, the Medical Equipment industry has dropped 1.7%, driven by pullbacks in Sysmex and Olympus of 7.0% and 3.5%, respectively. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Japanese Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 22 May 2022 | JP¥9.6t | JP¥3.0t | JP¥359.1b | 12.5x |
| Tue, 19 Apr 2022 | JP¥9.1t | JP¥3.0t | JP¥343.0b | 12.7x |
| Thu, 17 Mar 2022 | JP¥8.4t | JP¥3.0t | JP¥343.0b | 12.2x |
| Sat, 12 Feb 2022 | JP¥9.8t | JP¥2.9t | JP¥342.8b | 13x |
| Mon, 10 Jan 2022 | JP¥10.9t | JP¥2.9t | JP¥341.2b | 15.2x |
| Wed, 08 Dec 2021 | JP¥11.3t | JP¥2.9t | JP¥341.2b | 15.4x |
| Fri, 05 Nov 2021 | JP¥12.1t | JP¥2.8t | JP¥308.4b | 18.3x |
| Sun, 03 Oct 2021 | JP¥11.5t | JP¥2.5t | JP¥289.4b | 18.7x |
| Tue, 31 Aug 2021 | JP¥10.7t | JP¥2.5t | JP¥289.4b | 19.1x |
| Wed, 07 Jul 2021 | JP¥10.4t | JP¥2.5t | JP¥289.1b | 20.4x |
| Sat, 10 Apr 2021 | JP¥9.9t | JP¥2.4t | JP¥240.7b | 22.4x |
| Fri, 01 Jan 2021 | JP¥10.2t | JP¥2.3t | JP¥208.2b | 25.2x |
| Mon, 05 Oct 2020 | JP¥9.3t | JP¥2.3t | JP¥196.6b | 22.9x |
| Thu, 09 Jul 2020 | JP¥8.7t | JP¥2.3t | JP¥206.6b | 20.5x |
| Wed, 01 Apr 2020 | JP¥7.7t | JP¥2.4t | JP¥225.8b | 22x |
| Sat, 04 Jan 2020 | JP¥7.9t | JP¥2.4t | JP¥247.6b | 23.4x |
| Tue, 08 Oct 2019 | JP¥7.2t | JP¥2.4t | JP¥236.6b | 21x |
| Mon, 01 Jul 2019 | JP¥6.7t | JP¥2.4t | JP¥210.6b | 21.4x |
Median PE Ratio
19.3x
Current Industry PE
- Investors are more pessimistic on the 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 12.5x which is lower than its 3-year average PE of 20.1x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 8.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Japanese Medical Equipment compare with similar industries?
| JP Market | 0.71% | |
| Healthcare | 0.086% | |
| Medical Equipment | -0.18% | |
| Medical Equipment | -1.65% | |
| Medical Supplies | 2.17% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4543 Terumo | JP¥4.03k | 2.0% +JP¥61.3b | -2.2% | PS34.4x | |
| 7716 Nakanishi | JP¥2.22k | 6.5% +JP¥11.6b | -2.6% | PS18.7x | |
| 6951 JEOL | JP¥6.19k | 3.7% +JP¥11.2b | 19.3% | PS25.7x | |
| 3446 JTEC | JP¥2.08k | 30.4% +JP¥2.8b | -24.0% | n/a | |
| 6960 Fukuda Denshi | JP¥7.25k | 1.3% +JP¥1.4b | -15.7% | PS6.8x |