Carasent ASA's (OB:CARA) Intrinsic Value Is Potentially 73% Above Its Share Price
May 11
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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 Jun 2023 | kr30.0b | kr3.4b | -kr1,868,401,280.00 | 41.4x | -16.1x | 8.9x |
| Fri, 05 May 2023 | kr29.8b | kr3.2b | -kr1,772,899,952.00 | 40.2x | -16.8x | 9.2x |
| Sun, 02 Apr 2023 | kr29.6b | kr3.1b | -kr1,862,570,100.00 | 31.9x | -15.9x | 9.5x |
| Tue, 28 Feb 2023 | kr31.2b | kr3.7b | -kr1,887,697,220.00 | 31.2x | -16.5x | 8.4x |
| Thu, 26 Jan 2023 | kr32.4b | kr3.6b | -kr1,836,410,503.00 | 34.1x | -17.7x | 9x |
| Sat, 24 Dec 2022 | kr34.4b | kr3.6b | -kr1,832,243,541.00 | 35x | -18.8x | 9.6x |
| Mon, 21 Nov 2022 | kr33.2b | kr3.6b | -kr1,739,232,570.00 | 38.5x | -19.1x | 9.3x |
| Wed, 19 Oct 2022 | kr32.1b | kr3.4b | -kr1,775,835,991.00 | 59.8x | -18x | 9.3x |
| Fri, 16 Sep 2022 | kr34.5b | kr3.4b | -kr1,761,761,715.00 | 55x | -19.6x | 10.1x |
| Sun, 14 Aug 2022 | kr39.9b | kr3.3b | -kr1,743,620,174.00 | 92.7x | -22.9x | 12.2x |
| Tue, 12 Jul 2022 | kr37.7b | kr3.3b | -kr1,729,200,651.00 | 62.6x | -21.8x | 11.5x |
| Thu, 09 Jun 2022 | kr37.9b | kr3.6b | -kr1,351,829,454.00 | 53.1x | -28.1x | 10.5x |
| Sat, 07 May 2022 | kr37.5b | kr3.5b | -kr1,191,683,937.00 | 45.1x | -31.5x | 10.6x |
| Mon, 04 Apr 2022 | kr44.1b | kr3.5b | -kr1,192,296,602.00 | 54.2x | -37x | 12.7x |
| Wed, 02 Mar 2022 | kr43.7b | kr5.1b | kr270.5m | 41.4x | 161.7x | 8.7x |
| Fri, 28 Jan 2022 | kr51.7b | kr4.9b | kr327.1m | 47.2x | 158x | 10.5x |
| Sun, 26 Dec 2021 | kr63.6b | kr4.4b | -kr100,230,388.00 | 66.6x | -634.4x | 14.3x |
| Tue, 23 Nov 2021 | kr58.9b | kr4.4b | -kr53,338,797.00 | 68.6x | -1103.9x | 13.5x |
| Thu, 21 Oct 2021 | kr61.5b | kr4.6b | kr327.0m | 44.9x | 188x | 13.3x |
| Sat, 18 Sep 2021 | kr63.3b | kr4.7b | kr421.9m | 70.4x | 149.9x | 13.5x |
| Mon, 16 Aug 2021 | kr61.1b | kr4.6b | kr425.6m | 73.5x | 143.6x | 13.2x |
| Mon, 31 May 2021 | kr61.3b | kr4.3b | kr433.1m | 37.2x | 141.6x | 14.2x |
| Thu, 04 Mar 2021 | kr58.7b | kr4.2b | kr436.0m | 51.2x | 134.6x | 13.9x |
| Sun, 06 Dec 2020 | kr44.7b | kr1.8b | -kr1,311,985,303.47 | 70.7x | -34.1x | 24.9x |
| Wed, 09 Sep 2020 | kr38.3b | kr1.6b | -kr1,209,867,304.79 | 85.1x | -31.7x | 24.1x |
Price to Earnings Ratio
-27.4x
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 Market | 0.53% | |
| Healthcare | -0.36% | |
| Pharma | 2.47% | |
| Healthtech | 2.21% | |
| Life Sciences | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AZT ArcticZymes Technologies | kr42.90 | 5.4% +kr111.3m | -42.6% | PE127x | |
| CARA Carasent | kr15.74 | 7.7% +kr89.2m | -35.6% | PE264.1x | |
| ABS Arctic Bioscience | kr10.85 | 21.9% +kr47.6m | -30.2% | PS7.7x | |
| VISTN Vistin Pharma | kr24.40 | 3.8% +kr39.9m | 39.8% | PE145.1x | |
| NANOV Nordic Nanovector | kr0.96 | 41.9% +kr32.8m | -85.9% | PB1.7x |