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Norwegian (OSEAX) Healthcare Sector Analysis

UpdatedJun 07, 2023
DataAggregated Company Financials
Companies24
  • 7D-0.4%
  • 3M0.7%
  • 1Y-19.7%
  • YTD-10.5%

In the last week, the Healthcare industry is down 1.7% with Ultimovacs down the most at 3.5%. In contrast, ArcticZymes Technologies has gained 5.4%. The industry has fallen 20% in the last year. Earnings are forecast to grow by 25% annually.

Sector Valuation and Performance

Has the Norwegian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jun 2023kr30.0bkr3.4b-kr1,868,401,280.0041.4x-16.1x8.9x
Fri, 05 May 2023kr29.8bkr3.2b-kr1,772,899,952.0040.2x-16.8x9.2x
Sun, 02 Apr 2023kr29.6bkr3.1b-kr1,862,570,100.0031.9x-15.9x9.5x
Tue, 28 Feb 2023kr31.2bkr3.7b-kr1,887,697,220.0031.2x-16.5x8.4x
Thu, 26 Jan 2023kr32.4bkr3.6b-kr1,836,410,503.0034.1x-17.7x9x
Sat, 24 Dec 2022kr34.4bkr3.6b-kr1,832,243,541.0035x-18.8x9.6x
Mon, 21 Nov 2022kr33.2bkr3.6b-kr1,739,232,570.0038.5x-19.1x9.3x
Wed, 19 Oct 2022kr32.1bkr3.4b-kr1,775,835,991.0059.8x-18x9.3x
Fri, 16 Sep 2022kr34.5bkr3.4b-kr1,761,761,715.0055x-19.6x10.1x
Sun, 14 Aug 2022kr39.9bkr3.3b-kr1,743,620,174.0092.7x-22.9x12.2x
Tue, 12 Jul 2022kr37.7bkr3.3b-kr1,729,200,651.0062.6x-21.8x11.5x
Thu, 09 Jun 2022kr37.9bkr3.6b-kr1,351,829,454.0053.1x-28.1x10.5x
Sat, 07 May 2022kr37.5bkr3.5b-kr1,191,683,937.0045.1x-31.5x10.6x
Mon, 04 Apr 2022kr44.1bkr3.5b-kr1,192,296,602.0054.2x-37x12.7x
Wed, 02 Mar 2022kr43.7bkr5.1bkr270.5m41.4x161.7x8.7x
Fri, 28 Jan 2022kr51.7bkr4.9bkr327.1m47.2x158x10.5x
Sun, 26 Dec 2021kr63.6bkr4.4b-kr100,230,388.0066.6x-634.4x14.3x
Tue, 23 Nov 2021kr58.9bkr4.4b-kr53,338,797.0068.6x-1103.9x13.5x
Thu, 21 Oct 2021kr61.5bkr4.6bkr327.0m44.9x188x13.3x
Sat, 18 Sep 2021kr63.3bkr4.7bkr421.9m70.4x149.9x13.5x
Mon, 16 Aug 2021kr61.1bkr4.6bkr425.6m73.5x143.6x13.2x
Mon, 31 May 2021kr61.3bkr4.3bkr433.1m37.2x141.6x14.2x
Thu, 04 Mar 2021kr58.7bkr4.2bkr436.0m51.2x134.6x13.9x
Sun, 06 Dec 2020kr44.7bkr1.8b-kr1,311,985,303.4770.7x-34.1x24.9x
Wed, 09 Sep 2020kr38.3bkr1.6b-kr1,209,867,304.7985.1x-31.7x24.1x
Price to Earnings Ratio

-27.4x


Total Market Cap: kr32.7bTotal Earnings: -kr1,195,042,432.79Total Revenue: kr1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Healthcare Sector Price to Earnings3Y Average -3.7x202120222023
Current Industry PE
  • Investors are pessimistic on the Norwegian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 13.4x is higher than the industry's current PS ratio of 8.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 29% 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 caused losses to expand.

Industry Trends

Which industries have driven the changes within the Norwegian Healthcare sector?

NO Market0.53%
Healthcare-0.36%
Pharma2.47%
Healthtech2.21%
Life Sciences0%
Healthcare Services-0.50%
Biotech-0.81%
Medical Equipment-2.22%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 80% over the next 5 years.
    • In contrast, the Medical Equipment industry is expected to see its earnings grow by 14% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    AZT ArcticZymes Technologieskr42.905.4%
    +kr111.3m
    -42.6%PE127x
    CARA Carasentkr15.747.7%
    +kr89.2m
    -35.6%PE264.1x
    ABS Arctic Biosciencekr10.8521.9%
    +kr47.6m
    -30.2%PS7.7x
    VISTN Vistin Pharmakr24.403.8%
    +kr39.9m
    39.8%PE145.1x
    NANOV Nordic Nanovectorkr0.9641.9%
    +kr32.8m
    -85.9%PB1.7x
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    Latest News

    NYKD

    kr27.32

    Nykode Therapeutics

    7D

    -0.9%

    1Y

    -16.2%

    NAVA

    kr39.20

    Navamedic

    7D

    4.8%

    1Y

    35.2%

    VISTN

    kr24.40

    Vistin Pharma

    7D

    3.8%

    1Y

    39.8%

    HBC

    kr2.95

    Hofseth BioCare

    7D

    -6.9%

    1Y

    -22.4%

    CSAM

    kr42.10

    CSAM Health Group

    7D

    -11.2%

    1Y

    -15.1%

    NORDH

    kr23.60

    Nordhealth

    7D

    0.9%

    1Y

    2.6%

    CODE

    kr0.42

    CodeLab Capital

    7D

    -11.0%

    1Y

    -85.5%

    ULTI

    kr116.20

    Ultimovacs

    7D

    -3.5%

    1Y

    55.8%

    ABS

    kr10.85

    Arctic Bioscience

    7D

    21.9%

    1Y

    -30.2%

    MEDI

    kr263.00

    Medistim

    7D

    -2.2%

    1Y

    -2.6%

    PHO

    kr50.40

    Photocure

    7D

    0.8%

    1Y

    -53.0%

    CONTX

    kr8.52

    ContextVision

    7D

    -1.6%

    1Y

    -13.1%

    AZT

    kr42.90

    ArcticZymes Technologies

    7D

    5.4%

    1Y

    -42.6%

    LYTIX

    kr9.00

    Lytix Biopharma

    7D

    -4.3%

    1Y

    -10.0%

    NANOV

    kr0.96

    Nordic Nanovector

    7D

    41.9%

    1Y

    -85.9%