Analysis Article • Jul 11

Over the last 7 days, the Healthcare industry has dropped 1.6%, driven by a pullback from Nordhealth of 10%. On the other hand Oncoinvent is actually up 50%. However, the industry is down 11% over the past year. Earnings are forecast to grow by 26% annually.
Has the Norwegian Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 Jul 2026 | NOK 16.7b | NOK 3.5b | -NOK 768,813,977.76 | 26.7x | -21.7x | 4.7x |
| Fri, 12 Jun 2026 | NOK 16.4b | NOK 3.9b | -NOK 624,655,547.16 | 22.4x | -26.2x | 4.2x |
| Sun, 10 May 2026 | NOK 16.9b | NOK 3.9b | -NOK 433,913,343.18 | 23.4x | -39.1x | 4.4x |
| Tue, 07 Apr 2026 | NOK 16.9b | NOK 3.7b | -NOK 575,025,007.94 | 35x | -29.4x | 4.6x |
| Thu, 05 Mar 2026 | NOK 16.7b | NOK 3.7b | -NOK 618,469,752.24 | 35.2x | -27x | 4.5x |
| Sat, 31 Jan 2026 | NOK 17.9b | NOK 3.7b | -NOK 600,040,613.94 | 28.6x | -29.9x | 4.8x |
| Mon, 29 Dec 2025 | NOK 18.4b | NOK 3.7b | -NOK 608,725,897.94 | 33.4x | -30.2x | 4.9x |
| Wed, 26 Nov 2025 | NOK 16.4b | NOK 3.3b | -NOK 750,379,570.29 | 48.5x | -21.8x | 4.9x |
| Fri, 24 Oct 2025 | NOK 17.3b | NOK 3.6b | -NOK 714,107,341.45 | 26.8x | -24.3x | 4.8x |
| Sun, 21 Sep 2025 | NOK 17.4b | NOK 3.6b | -NOK 694,562,503.03 | 26.9x | -25x | 4.8x |
| Tue, 19 Aug 2025 | NOK 18.1b | NOK 3.9b | -NOK 1,079,060,582.88 | 23.3x | -16.8x | 4.7x |
| Thu, 17 Jul 2025 | NOK 17.3b | NOK 3.9b | -NOK 1,045,944,858.50 | 25.3x | -16.6x | 4.4x |
| Sat, 14 Jun 2025 | NOK 16.4b | NOK 3.9b | -NOK 1,050,006,081.12 | 27.4x | -15.6x | 4.2x |
| Mon, 12 May 2025 | NOK 16.3b | NOK 3.9b | -NOK 1,076,133,528.49 | 22x | -15.1x | 4.2x |
| Wed, 09 Apr 2025 | NOK 15.5b | NOK 3.5b | -NOK 1,240,942,888.07 | 17.2x | -12.5x | 4.5x |
| Fri, 07 Mar 2025 | NOK 16.1b | NOK 3.5b | -NOK 1,334,680,294.05 | 17.6x | -12.1x | 4.7x |
| Sun, 02 Feb 2025 | NOK 17.2b | NOK 3.8b | -NOK 1,157,169,971.83 | 25.4x | -14.9x | 4.6x |
| Tue, 31 Dec 2024 | NOK 16.3b | NOK 3.8b | -NOK 1,107,130,316.22 | 25x | -14.7x | 4.3x |
| Thu, 28 Nov 2024 | NOK 16.8b | NOK 4.0b | -NOK 980,409,107.84 | 22.2x | -17.1x | 4.2x |
| Sat, 26 Oct 2024 | NOK 17.7b | NOK 4.0b | -NOK 977,593,307.64 | 19.8x | -18.1x | 4.4x |
| Mon, 23 Sep 2024 | NOK 18.7b | NOK 4.0b | -NOK 952,381,210.41 | 20x | -19.6x | 4.7x |
| Wed, 21 Aug 2024 | NOK 20.5b | NOK 4.0b | -NOK 914,525,499.53 | 19.5x | -22.4x | 5.1x |
| Fri, 19 Jul 2024 | NOK 22.0b | NOK 4.0b | -NOK 974,400,429.87 | 16.7x | -22.5x | 5.5x |
| Sun, 16 Jun 2024 | NOK 22.6b | NOK 4.1b | -NOK 949,643,369.78 | 15.6x | -23.8x | 5.5x |
| Tue, 14 May 2024 | NOK 21.8b | NOK 4.2b | -NOK 1,130,758,107.58 | 17.8x | -19.3x | 5.2x |
| Thu, 11 Apr 2024 | NOK 22.1b | NOK 4.2b | -NOK 1,117,820,690.95 | 28.9x | -19.8x | 5.3x |
| Sat, 09 Mar 2024 | NOK 21.6b | NOK 4.2b | -NOK 1,093,680,878.56 | 27.7x | -19.8x | 5.2x |
| Mon, 05 Feb 2024 | NOK 29.0b | NOK 4.1b | -NOK 1,594,025,589.00 | 23.3x | -18.2x | 7.1x |
| Wed, 03 Jan 2024 | NOK 30.2b | NOK 4.1b | -NOK 1,582,203,882.00 | 22.5x | -19.1x | 7.4x |
| Fri, 01 Dec 2023 | NOK 27.4b | NOK 4.1b | -NOK 1,590,980,713.00 | 22.3x | -17.2x | 6.7x |
| Sun, 29 Oct 2023 | NOK 25.3b | NOK 3.5b | -NOK 1,864,377,320.00 | 29.9x | -13.6x | 7.3x |
| Tue, 26 Sep 2023 | NOK 28.2b | NOK 3.5b | -NOK 1,818,280,092.00 | 33.5x | -15.5x | 7.9x |
| Thu, 24 Aug 2023 | NOK 27.9b | NOK 3.5b | -NOK 1,818,921,945.00 | 32.6x | -15.3x | 7.9x |
| Sat, 22 Jul 2023 | NOK 29.8b | NOK 3.4b | -NOK 1,815,462,664.00 | 30.1x | -16.4x | 8.8x |
-16.4x
Which industries have driven the changes within the Norwegian Healthcare sector?
| NO Market | 1.38% | |
| Healthcare | -1.58% | |
| Healthcare Services | 1.91% | |
| Pharma | 1.13% | |
| Biotech | -0.54% | |
| Medical Equipment | -1.48% | |
| Healthtech | -9.60% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZLNA Zelluna | NOK 22.80 | 22.9% +NOK 125.0m | 66.7% | PS83829.2x | |
| ONCIN Oncoinvent | NOK 81.00 | 51.7% +NOK 123.6m | n/a | PS12.9x | |
| MEDI Medistim | NOK 234.00 | 2.6% +NOK 109.8m | 4.9% | PE27.4x | |
| CRNA Circio Holding | NOK 7.54 | 3.1% +NOK 54.8m | 1,078.1% | PE-39.1x | |
| HBC Hofseth BioCare | NOK 1.46 | 3.9% +NOK 28.7m | -27.6% | PS3.1x |