South Korean (KOSPI) Medical Equipment Industry Analysis
UpdatedJan 31, 2023
DataAggregated Company Financials
Companies86
- 7D1.9%
- 3M8.2%
- 1Y-15.8%
- YTD9.2%
Over the last 7 days, the Medical Equipment industry has risen 3.7%, driven by gains from Osstem Implant of 15%. In the same time, Interojo was down 6.1%. However, the industry is down 14% over the past year. Looking forward, earnings are forecast to grow by 10% 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Jan 2023 | ₩24.8t | ₩11.6t | ₩2.4t | 12.6x | 10.4x | 2.1x |
| Thu, 29 Dec 2022 | ₩23.4t | ₩11.6t | ₩2.4t | 12.3x | 9.7x | 2x |
| Sat, 26 Nov 2022 | ₩23.1t | ₩11.5t | ₩2.6t | 11.9x | 8.9x | 2x |
| Mon, 24 Oct 2022 | ₩17.8t | ₩11.2t | ₩2.5t | 10.3x | 7.1x | 1.6x |
| Wed, 21 Sep 2022 | ₩19.0t | ₩10.0t | ₩2.1t | 11.8x | 9.3x | 1.9x |
| Fri, 19 Aug 2022 | ₩21.1t | ₩10.8t | ₩2.3t | 12.9x | 9.3x | 2x |
| Sun, 17 Jul 2022 | ₩21.6t | ₩10.8t | ₩2.3t | 11.9x | 9.6x | 2x |
| Tue, 14 Jun 2022 | ₩20.3t | ₩10.8t | ₩2.2t | 12.9x | 9.1x | 1.9x |
| Thu, 12 May 2022 | ₩21.8t | ₩9.4t | ₩1.8t | 12.6x | 11.8x | 2.3x |
| Sat, 09 Apr 2022 | ₩25.1t | ₩9.3t | ₩1.9t | 13.4x | 13x | 2.7x |
| Mon, 07 Mar 2022 | ₩24.3t | ₩9.5t | ₩2.0t | 16.2x | 12x | 2.6x |
| Wed, 02 Feb 2022 | ₩23.8t | ₩9.3t | ₩2.0t | 15.4x | 12x | 2.6x |
| Fri, 31 Dec 2021 | ₩24.3t | ₩9.3t | ₩2.0t | 16.7x | 12.3x | 2.6x |
| Sun, 28 Nov 2021 | ₩23.0t | ₩9.1t | ₩1.9t | 15.4x | 11.9x | 2.5x |
| Tue, 26 Oct 2021 | ₩23.4t | ₩8.9t | ₩1.9t | 15.6x | 12.5x | 2.6x |
| Thu, 23 Sep 2021 | ₩24.3t | ₩8.9t | ₩1.9t | 16.2x | 13x | 2.7x |
| Sat, 21 Aug 2021 | ₩24.2t | ₩8.9t | ₩1.9t | 15.6x | 12.9x | 2.7x |
| Sat, 05 Jun 2021 | ₩17.2t | ₩5.3t | ₩536.4b | 16.1x | 32.1x | 3.2x |
| Tue, 09 Mar 2021 | ₩14.6t | ₩4.8t | ₩364.6b | 14.3x | 40.1x | 3x |
| Mon, 30 Nov 2020 | ₩13.1t | ₩4.5t | ₩273.8b | 22x | 48x | 2.9x |
| Thu, 03 Sep 2020 | ₩11.9t | ₩4.3t | ₩134.2b | 25.4x | 89x | 2.8x |
| Sun, 07 Jun 2020 | ₩10.0t | ₩4.1t | ₩127.7b | 17.5x | 78.2x | 2.4x |
| Sat, 29 Feb 2020 | ₩8.1t | ₩4.1t | ₩120.3b | 16.8x | 67.2x | 2x |
Price to Earnings Ratio
74.3x
Current Industry PE
- Investors are pessimistic on the South Korean 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 10.6x which is lower than its 3-year average PE of 32.9x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have grown 171% per year over the last three years.
- Revenues for these companies have grown 42% 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 South Korean Healthcare industry?
| KR Market | 2.46% | |
| Healthcare | 0.63% | |
| Medical Equipment | 1.90% | |
| Medical Equipment | 3.57% | |
| Medical Supplies | -0.25% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 68.2x.
- Analysts are expecting annual earnings growth of 29.7%, which is lower than the prior year's growth of 41.7% per year.
- Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 15.7x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 30% over the next 5 years.
- However this is lower than its past earnings growth rate of 42% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings decline 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 | |
|---|---|---|---|---|---|
| A048260 Osstem Implant | ₩186.20k | 14.6% +₩331.7b | n/a | PE51x | |
| A294090 EOFLOWLtd | ₩18.65k | 19.2% +₩92.0b | -16.0% | PS106.8x | |
| A145720 Dentium | ₩117.50k | 6.3% +₩60.4b | 111.0% | PE10.7x | |
| A035610 Solborn | ₩6.10k | 49.9% +₩52.1b | 32.6% | PS1.8x | |
| A085370 Lutronic | ₩23.30k | 5.9% +₩33.2b | 28.4% | PE13.3x |