Capital Investment Trends At CLASSYS (KOSDAQ:214150) Look Strong
Apr 24
South Korean (KOSPI) Medical Equipment Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies82
- 7D3.8%
- 3M21.7%
- 1Y30.6%
- YTD17.7%
In the last week, the Medical Equipment industry is up 7.6%, with HLB up 13%. Meanwhile, Jeisys Medical actually underperformed within the industry, shrinking 21% in the last week. This means that the industry has gained 33% over the past year. Looking forward, earnings are forecast to grow by 41% annually.
Industry Valuation and Performance
Has the South Korean Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₩31.9t | ₩6.8t | -₩305,758,688,278.00 | 16.5x | -104.3x | 4.7x |
| Sun, 24 Mar 2024 | ₩32.4t | ₩6.4t | -₩675,439,851,704.00 | 15x | -47.9x | 5.1x |
| Tue, 20 Feb 2024 | ₩27.6t | ₩6.4t | -₩584,305,024,144.00 | 16x | -47.2x | 4.3x |
| Thu, 18 Jan 2024 | ₩27.4t | ₩7.8t | -₩539,005,356,619.00 | 16.8x | -50.8x | 3.5x |
| Sat, 16 Dec 2023 | ₩28.0t | ₩7.8t | -₩539,005,356,619.00 | 16.8x | -51.9x | 3.6x |
| Mon, 13 Nov 2023 | ₩26.6t | ₩8.3t | -₩31,159,163,149.00 | 17x | -852.6x | 3.2x |
| Wed, 11 Oct 2023 | ₩26.3t | ₩8.3t | -₩34,942,477,839.00 | 17.3x | -753.2x | 3.2x |
| Fri, 08 Sep 2023 | ₩29.1t | ₩8.3t | -₩34,942,477,839.00 | 18.7x | -832x | 3.5x |
| Sun, 06 Aug 2023 | ₩28.3t | ₩9.1t | ₩681.0b | 17.1x | 41.6x | 3.1x |
| Tue, 04 Jul 2023 | ₩27.4t | ₩9.1t | ₩681.0b | 18.1x | 40.2x | 3x |
| Thu, 01 Jun 2023 | ₩26.9t | ₩9.1t | ₩747.2b | 17.6x | 36.1x | 2.9x |
| Sat, 29 Apr 2023 | ₩26.4t | ₩11.2t | ₩1.8t | 17.5x | 14.8x | 2.4x |
| Mon, 27 Mar 2023 | ₩25.6t | ₩11.2t | ₩1.8t | 14.8x | 13.9x | 2.3x |
| Wed, 22 Feb 2023 | ₩26.2t | ₩11.6t | ₩2.4t | 12.7x | 11x | 2.3x |
| Fri, 20 Jan 2023 | ₩24.1t | ₩11.6t | ₩2.4t | 11.8x | 10x | 2.1x |
| Sun, 18 Dec 2022 | ₩23.4t | ₩11.6t | ₩2.4t | 12x | 9.8x | 2x |
| Tue, 15 Nov 2022 | ₩23.7t | ₩11.4t | ₩2.5t | 11.1x | 9.6x | 2.1x |
| Thu, 13 Oct 2022 | ₩17.3t | ₩11.2t | ₩2.5t | 10.4x | 6.9x | 1.5x |
| Sat, 10 Sep 2022 | ₩19.5t | ₩11.2t | ₩2.5t | 11.9x | 7.8x | 1.7x |
| Mon, 08 Aug 2022 | ₩21.7t | ₩10.8t | ₩2.3t | 13.1x | 9.6x | 2x |
| Wed, 06 Jul 2022 | ₩20.2t | ₩10.8t | ₩2.3t | 11.6x | 9x | 1.9x |
| Fri, 03 Jun 2022 | ₩22.9t | ₩10.8t | ₩2.2t | 13.9x | 10.2x | 2.1x |
| Sun, 01 May 2022 | ₩22.6t | ₩9.4t | ₩1.8t | 13.3x | 12.3x | 2.4x |
| Tue, 29 Mar 2022 | ₩24.6t | ₩9.1t | ₩1.8t | 13.7x | 13.4x | 2.7x |
| Thu, 24 Feb 2022 | ₩23.5t | ₩9.3t | ₩2.0t | 16.2x | 11.9x | 2.5x |
| Sat, 22 Jan 2022 | ₩23.2t | ₩9.3t | ₩2.0t | 16.1x | 11.7x | 2.5x |
| Mon, 20 Dec 2021 | ₩24.5t | ₩9.3t | ₩2.0t | 16x | 12.4x | 2.6x |
| Wed, 17 Nov 2021 | ₩22.9t | ₩9.0t | ₩1.9t | 15.5x | 12.1x | 2.6x |
| Fri, 15 Oct 2021 | ₩22.9t | ₩8.9t | ₩1.9t | 15.2x | 12.2x | 2.6x |
| Sun, 12 Sep 2021 | ₩23.8t | ₩8.9t | ₩1.9t | 16.4x | 12.7x | 2.7x |
| Tue, 10 Aug 2021 | ₩26.7t | ₩8.9t | ₩1.9t | 17.1x | 14.2x | 3x |
| Mon, 03 May 2021 | ₩18.8t | ₩5.3t | ₩536.4b | 16.9x | 35x | 3.5x |
Price to Earnings Ratio
35x
Current Industry PE
- Investors are optimistic on the South Korean Medical Equipment industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- Total earnings for the Medical Equipment industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 8.6% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the South Korean Healthcare industry?
| KR Market | -0.36% | |
| Healthcare | 0.63% | |
| Medical Equipment | 3.80% | |
| Medical Supplies | 9.58% | |
| Medical Equipment | -3.21% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 41.8x.
- Analysts are expecting annual earnings growth of 30.8%, which is higher than its past year's earnings growth of 7.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 81% over the next 5 years.
- This is better than its past earnings growth rate of 30% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 31% 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 | |
|---|---|---|---|---|---|
| A028300 HLB | ₩109.60k | 9.6% +₩1.3t | 225.5% | PS333.6x | |
| A137310 SD Biosensor | ₩10.04k | 3.5% +₩41.6b | -51.7% | PS1.9x | |
| A179290 M.I.TECHLtd | ₩7.98k | 11.8% +₩27.2b | -42.4% | n/a | |
| A206640 Boditech Med | ₩15.96k | 7.8% +₩25.3b | 38.1% | PE13.5x | |
| A338220 Vuno | ₩27.90k | 6.9% +₩24.7b | 68.3% | PS28.8x |
