The Market Doesn't Like What It Sees From Omda AS' (OB:OMDA) Revenues Yet
Dec 21
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Norwegian (OSEAX) Healthtech Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies4
- 7D0.04%
- 3M2.9%
- 1Y31.2%
- YTD19.7%
In the last week, the Healthtech industry is up 1.2%, with Omda up 9.4%. During this same period, the Nordhealth underperformed, falling 5.6%. In the last 12 months, the industry was up 22%. Earnings are forecast to grow by 76% annually.
Industry Valuation and Performance
Has the Norwegian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | NOK 4.3b | NOK 1.1b | -NOK 54,573,139.66 | 10.1x | -77.9x | 3.9x |
| Mon, 18 Nov 2024 | NOK 5.4b | NOK 1.3b | NOK 54.8m | 6.7x | 98x | 4x |
| Wed, 16 Oct 2024 | NOK 5.2b | NOK 1.3b | NOK 43.5m | 7.4x | 119.8x | 4x |
| Fri, 13 Sep 2024 | NOK 5.4b | NOK 1.4b | NOK 35.8m | 8.3x | 150.1x | 4x |
| Sun, 11 Aug 2024 | NOK 5.5b | NOK 1.3b | NOK 30.5m | 9.2x | 179.8x | 4.2x |
| Tue, 09 Jul 2024 | NOK 5.0b | NOK 1.3b | -NOK 12,664,569.92 | 8.5x | -398.4x | 3.9x |
| Thu, 06 Jun 2024 | NOK 5.2b | NOK 1.4b | -NOK 192,102,731.72 | 11.1x | -27.3x | 3.7x |
| Sat, 04 May 2024 | NOK 5.0b | NOK 1.4b | -NOK 189,018,140.05 | 10.6x | -26.5x | 3.6x |
| Mon, 01 Apr 2024 | NOK 4.6b | NOK 1.4b | -NOK 179,177,720.59 | 10.9x | -25.8x | 3.4x |
| Wed, 28 Feb 2024 | NOK 3.9b | NOK 1.3b | -NOK 245,561,921.76 | 13.4x | -15.8x | 2.9x |
| Fri, 26 Jan 2024 | NOK 4.4b | NOK 1.3b | -NOK 258,484,904.00 | 17.6x | -17.2x | 3.4x |
| Sun, 24 Dec 2023 | NOK 4.1b | NOK 1.3b | -NOK 257,824,054.00 | 16.3x | -15.8x | 3.1x |
| Tue, 21 Nov 2023 | NOK 4.2b | NOK 1.3b | -NOK 248,336,376.00 | 16.9x | -17.1x | 3.2x |
| Thu, 19 Oct 2023 | NOK 3.9b | NOK 911.0m | -NOK 311,111,112.00 | 15.8x | -12.5x | 4.3x |
| Sat, 16 Sep 2023 | NOK 3.6b | NOK 898.2m | -NOK 309,748,485.00 | 16.4x | -11.7x | 4x |
| Mon, 14 Aug 2023 | NOK 3.7b | NOK 918.2m | -NOK 337,926,053.00 | 19.4x | -10.8x | 4x |
| Wed, 12 Jul 2023 | NOK 3.8b | NOK 902.2m | -NOK 283,735,914.00 | 138.3x | -13.5x | 4.2x |
| Fri, 09 Jun 2023 | NOK 3.8b | NOK 919.3m | -NOK 287,750,946.00 | 145.7x | -13.1x | 4.1x |
| Sun, 07 May 2023 | NOK 3.8b | NOK 900.3m | -NOK 245,658,298.00 | 136x | -15.3x | 4.2x |
| Tue, 04 Apr 2023 | NOK 4.2b | NOK 837.4m | -NOK 195,459,599.00 | 30.8x | -21.5x | 5x |
| Thu, 02 Mar 2023 | NOK 3.9b | NOK 837.8m | -NOK 206,841,968.00 | 30.3x | -18.8x | 4.6x |
| Sat, 28 Jan 2023 | NOK 4.6b | NOK 1.2b | -NOK 302,473,543.00 | 23.2x | -15x | 3.9x |
| Mon, 26 Dec 2022 | NOK 4.7b | NOK 1.1b | -NOK 300,017,687.00 | 24.8x | -15.6x | 4.1x |
| Wed, 23 Nov 2022 | NOK 5.0b | NOK 1.1b | -NOK 260,478,373.00 | 25.2x | -19x | 4.4x |
| Fri, 21 Oct 2022 | NOK 4.5b | NOK 1.1b | -NOK 277,280,084.00 | 55.4x | -16.3x | 4x |
| Sun, 18 Sep 2022 | NOK 5.0b | NOK 1.1b | -NOK 260,465,923.00 | 59x | -19.1x | 4.5x |
| Tue, 16 Aug 2022 | NOK 5.9b | NOK 1.1b | -NOK 226,215,520.00 | 74.1x | -26x | 5.5x |
| Thu, 14 Jul 2022 | NOK 5.9b | NOK 1.1b | -NOK 213,311,620.00 | 35.9x | -27.4x | 5.5x |
| Sat, 11 Jun 2022 | NOK 5.8b | NOK 1.1b | -NOK 212,743,015.00 | 39x | -27.5x | 5.5x |
| Mon, 09 May 2022 | NOK 5.1b | NOK 996.9m | -NOK 149,926,419.00 | 31.1x | -33.7x | 5.1x |
| Wed, 06 Apr 2022 | NOK 6.6b | NOK 962.1m | -NOK 181,506,305.00 | 24.6x | -36.2x | 6.8x |
| Fri, 04 Mar 2022 | NOK 7.5b | NOK 916.1m | -NOK 128,612,159.00 | 1720.8x | -58.5x | 8.2x |
| Sun, 30 Jan 2022 | NOK 8.5b | NOK 884.9m | -NOK 180,082,770.00 | n/a | -47.1x | 9.6x |
| Tue, 28 Dec 2021 | NOK 9.8b | NOK 886.4m | -NOK 180,116,329.00 | n/a | -54.5x | 11.1x |
Price to Earnings Ratio
-54.5x
Current Industry PE
- Investors are pessimistic on the Norwegian Healthcare Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 4.7x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have improved over the last three years.
- Revenues for these companies have grown 7.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Healthcare industry?
| NO Market | -2.76% | |
| Healthcare | 0.23% | |
| Healthtech | 0.039% | |
| Healthtech | 0.039% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OMDA Omda | NOK 31.40 | 10.2% +NOK 58.5m | -10.3% | PS1.5x | |
| CONTX ContextVision | NOK 5.76 | 7.5% +NOK 30.9m | -25.0% | PE19.9x |