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Norwegian (OSEAX) Healthcare Sector Analysis

UpdatedMay 14, 2022
DataAggregated Company Financials
Companies24
  • 7D-4.5%
  • 3M-27.4%
  • 1Y-42.6%
  • YTD-45.1%

Over the last 7 days, the Healthcare industry has dropped 6.4%, driven by a pullback from Nykode Therapeutics of 18%. On the other hand Hofseth BioCare is actually up 5.7%. The industry has fallen 42% in the last year. Earnings are forecast to grow by 54% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 14 May 2022kr35.9bkr3.5b-kr1,228,852,127.0047.3x
Mon, 11 Apr 2022kr43.1bkr3.5b-kr1,201,312,765.0044.1x
Wed, 09 Mar 2022kr38.5bkr5.1bkr262.1m40.4x
Fri, 04 Feb 2022kr51.8bkr4.9bkr273.1m45.1x
Sun, 02 Jan 2022kr63.6bkr4.4b-kr121,262,118.0069.8x
Tue, 30 Nov 2021kr62.3bkr4.4b-kr53,591,537.0066.2x
Thu, 28 Oct 2021kr60.8bkr4.7bkr340.4m45.5x
Sat, 25 Sep 2021kr62.3bkr4.7bkr386.4m69.3x
Mon, 23 Aug 2021kr60.9bkr4.6bkr425.6m58.8x
Sat, 10 Jul 2021kr61.4bkr4.6bkr425.6m55.3x
Fri, 02 Apr 2021kr58.8bkr4.3bkr433.1m33.9x
Mon, 04 Jan 2021kr56.4bkr4.2bkr458.6m41.7x
Thu, 08 Oct 2020kr38.1bkr1.6b-kr1,309,969,303.4768.2x
Wed, 01 Jul 2020kr32.7bkr1.6b-kr1,195,042,432.7954.4x
Sat, 04 Apr 2020kr19.6bkr1.6b-kr1,154,424,744.0044.5x
Tue, 07 Jan 2020kr20.3bkr1.5b-kr898,200,215.2255.7x
Mon, 30 Sep 2019kr14.1bkr1.4b-kr1,041,741,175.3982.8x
Thu, 04 Jul 2019kr11.7bkr1.3b-kr1,088,402,189.08317.8x
Median PE Ratio

40.6x


Total Market Cap: kr11.7bTotal Earnings: -kr1,001,539,906.42Total Revenue: kr1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Healthcare Sector Median PE3Y Average 85.5x202020212022
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 43.0x which is lower than its 3-year average PE of 85.6x.
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 42% 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 Market-1.21%
Healthcare-4.50%
Healthtech3.40%
Healthcare Services0%
Life Sciences0%
Medical Equipment-0.10%
Biotech-6.12%
Pharma-10.16%
Industry PE
  • Investors are most optimistic about the Pharma industry even though it's trading below its 3-year average PE ratio of 229x.
  • Analysts are expecting annual earnings growth of 86% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Healthtech industry, which is trading below its 3-year average of 276x.
Forecasted Growth
  • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 86% over the next 5 years.
  • In contrast, the Healthtech industry is expected to see its earnings grow by 19% 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
MEDI Medistimkr240.503.2%
+kr136.8m
-11.6%PS47.3x
CARA Carasentkr20.157.9%
+kr116.9m
-41.5%PS48.7x
HBC Hofseth BioCarekr4.095.1%
+kr71.6m
-51.9%PS14.4x
CONTX ContextVisionkr8.009.6%
+kr54.2m
-50.1%PS18.4x
NORDH Nordhealthkr18.450.3%
+kr4.0m
n/aPS7.2x
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Latest News

PHO

kr98.90

Photocure

7D

-12.6%

1Y

-21.2%

CARA

kr20.15

Carasent

7D

7.9%

1Y

-41.5%

NAVA

kr27.90

Navamedic

7D

-10.0%

1Y

22.9%

MEDI

kr240.50

Medistim

7D

3.2%

1Y

-11.6%

BGBIO

kr15.32

BerGenBio

7D

-3.6%

1Y

-40.1%

LIFE

kr2.39

Lifecare

7D

-18.2%

1Y

-18.7%