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Aug 08
South Korean (KOSPI) Medical Equipment Industry Analysis
UpdatedAug 21, 2024
DataAggregated Company Financials
Companies87
- 7D6.4%
- 3M24.0%
- 1Y26.6%
- YTD13.1%
In the last week, the Medical Equipment industry is up 6.4%, with HLB up 8.0%. In the same time, Bio Plus was down 9.6%. In the last 12 months, the industry was up 27%. As for the next few years, earnings are expected to grow by 34% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 21 Aug 2024 | ₩31.8t | ₩6.3t | -₩160,456,437,878.00 | 15.6x | -198.1x | 5x |
| Fri, 19 Jul 2024 | ₩29.6t | ₩6.3t | -₩176,258,956,668.00 | 16.7x | -168x | 4.7x |
| Sun, 16 Jun 2024 | ₩27.3t | ₩6.4t | -₩166,193,361,088.00 | 17x | -164.1x | 4.2x |
| Tue, 14 May 2024 | ₩31.2t | ₩6.8t | -₩305,758,188,278.00 | 17.7x | -102.2x | 4.6x |
| Thu, 11 Apr 2024 | ₩29.9t | ₩6.8t | -₩305,668,189,890.00 | 16.7x | -97.9x | 4.4x |
| Sat, 09 Mar 2024 | ₩29.6t | ₩6.4t | -₩584,305,024,144.00 | 16.5x | -50.6x | 4.6x |
| Mon, 05 Feb 2024 | ₩29.8t | ₩7.8t | -₩539,005,356,619.00 | 16.8x | -55.3x | 3.8x |
| Wed, 03 Jan 2024 | ₩29.7t | ₩7.8t | -₩539,005,356,619.00 | 17.1x | -55.1x | 3.8x |
| Fri, 01 Dec 2023 | ₩27.0t | ₩7.8t | -₩538,944,378,629.00 | 16.8x | -50.1x | 3.5x |
| Sun, 29 Oct 2023 | ₩25.2t | ₩8.3t | -₩34,942,477,839.00 | 16.6x | -720.5x | 3.1x |
| Tue, 26 Sep 2023 | ₩27.4t | ₩8.3t | -₩34,942,477,839.00 | 17.7x | -782.8x | 3.3x |
| Thu, 24 Aug 2023 | ₩27.8t | ₩8.4t | ₩240.2b | 17.6x | 115.5x | 3.3x |
| Sat, 22 Jul 2023 | ₩27.9t | ₩9.1t | ₩681.0b | 17.9x | 41x | 3.1x |
| Mon, 19 Jun 2023 | ₩28.0t | ₩9.1t | ₩681.0b | 18x | 41.1x | 3.1x |
| Wed, 17 May 2023 | ₩26.4t | ₩11.2t | ₩1.8t | 16.7x | 14.7x | 2.4x |
| Fri, 14 Apr 2023 | ₩27.4t | ₩11.2t | ₩1.8t | 17x | 15.3x | 2.4x |
| Sun, 12 Mar 2023 | ₩25.4t | ₩11.4t | ₩2.1t | 13.2x | 12.4x | 2.2x |
| Tue, 07 Feb 2023 | ₩25.0t | ₩11.6t | ₩2.4t | 13.3x | 10.5x | 2.2x |
| Thu, 05 Jan 2023 | ₩22.7t | ₩11.6t | ₩2.4t | 12x | 9.5x | 2x |
| Sat, 03 Dec 2022 | ₩23.0t | ₩11.6t | ₩2.4t | 11.8x | 9.6x | 2x |
| Mon, 31 Oct 2022 | ₩18.2t | ₩11.2t | ₩2.5t | 10.7x | 7.2x | 1.6x |
| Wed, 28 Sep 2022 | ₩17.5t | ₩11.2t | ₩2.5t | 10.8x | 7x | 1.6x |
| Fri, 26 Aug 2022 | ₩20.0t | ₩10.8t | ₩2.3t | 12.4x | 8.6x | 1.8x |
| Sun, 24 Jul 2022 | ₩21.6t | ₩10.8t | ₩2.3t | 12.6x | 9.6x | 2x |
| Tue, 21 Jun 2022 | ₩19.2t | ₩10.8t | ₩2.2t | 11.5x | 8.6x | 1.8x |
| Thu, 19 May 2022 | ₩22.0t | ₩9.4t | ₩1.8t | 13.8x | 11.9x | 2.3x |
| Sat, 16 Apr 2022 | ₩24.3t | ₩9.3t | ₩1.9t | 13.7x | 12.6x | 2.6x |
| Mon, 14 Mar 2022 | ₩23.9t | ₩9.5t | ₩2.0t | 16.1x | 11.8x | 2.5x |
| Wed, 09 Feb 2022 | ₩24.6t | ₩9.3t | ₩2.0t | 15.7x | 12.4x | 2.6x |
| Fri, 07 Jan 2022 | ₩24.4t | ₩9.3t | ₩2.0t | 16.6x | 12.4x | 2.6x |
| Sun, 05 Dec 2021 | ₩23.6t | ₩9.3t | ₩2.0t | 15.1x | 11.9x | 2.5x |
| Tue, 02 Nov 2021 | ₩23.1t | ₩8.9t | ₩1.9t | 15x | 12.3x | 2.6x |
| Thu, 30 Sep 2021 | ₩23.5t | ₩8.9t | ₩1.9t | 16.1x | 12.5x | 2.6x |
| Sat, 28 Aug 2021 | ₩25.3t | ₩8.9t | ₩1.9t | 16.8x | 13.5x | 2.8x |
Price to Earnings Ratio
13.5x
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 2.9x is lower than the industry's current PS ratio of 5.0x.
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.
- Revenues have also declined 11% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the South Korean Healthcare industry?
| KR Market | 2.90% | |
| Healthcare | 2.08% | |
| Medical Equipment | 6.41% | |
| Medical Supplies | 8.81% | |
| Medical Equipment | 3.68% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 41.5x.
- Analysts are expecting annual earnings growth of 34.0%, which is higher than its past year's earnings growth of 0.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings growth rate of 0.9% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 32% 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 | |
|---|---|---|---|---|---|
| A214150 CLASSYS | ₩50.70k | 6.8% +₩208.0b | 41.0% | PE39.8x | |
| A338220 Vuno | ₩36.55k | 18.9% +₩80.6b | -7.5% | PS24.9x | |
| A340570 T&L | ₩74.50k | 14.6% +₩76.7b | 52.0% | PE22.5x | |
| A294090 EOFLOWLtd | ₩12.46k | 11.2% +₩38.0b | -54.2% | PS54.4x | |
| A214610 MiCo BioMed | ₩2.57k | 43.4% +₩33.9b | -22.7% | PS17.7x |