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Norwegian (OSEAX) Healthtech Industry Analysis
UpdatedJan 28, 2025
DataAggregated Company Financials
Companies4
- 7D6.6%
- 3M19.2%
- 1Y18.7%
- YTD1.4%
Over the last 7 days, the Healthtech industry has dropped 3.5%, driven by a pullback from ContextVision of 4.1%. Meanwhile, Nordhealth actually outperformed within the industry, gaining 6.3% in the last week. Over the past 12 months, the industry was up 27%. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Tue, 28 Jan 2025 | NOK 4.4b | NOK 1.1b | -NOK 54,464,720.78 | 9.1x | -81.3x | 4.1x |
| Thu, 26 Dec 2024 | NOK 4.2b | NOK 1.1b | -NOK 54,429,583.17 | 10.2x | -77.9x | 3.9x |
| Sat, 23 Nov 2024 | NOK 5.5b | NOK 1.3b | NOK 55.8m | 7x | 99x | 4.2x |
| Mon, 21 Oct 2024 | NOK 5.1b | NOK 1.3b | NOK 42.7m | 7.4x | 118.9x | 3.9x |
| Wed, 18 Sep 2024 | NOK 5.3b | NOK 1.3b | NOK 43.6m | 7.9x | 122.1x | 4.1x |
| Fri, 16 Aug 2024 | NOK 5.8b | NOK 1.3b | NOK 30.3m | 9x | 190.5x | 4.4x |
| Sun, 14 Jul 2024 | NOK 5.1b | NOK 1.3b | NOK 31.3m | 8.3x | 162.7x | 3.9x |
| Tue, 11 Jun 2024 | NOK 5.3b | NOK 1.4b | -NOK 191,767,163.09 | 11.3x | -27.9x | 3.8x |
| Thu, 09 May 2024 | NOK 5.2b | NOK 1.4b | -NOK 189,391,566.04 | 10.5x | -27.6x | 3.8x |
| Sat, 06 Apr 2024 | NOK 4.7b | NOK 1.4b | -NOK 178,583,299.81 | 11.2x | -26x | 3.4x |
| Mon, 04 Mar 2024 | NOK 4.0b | NOK 1.3b | -NOK 245,321,582.67 | 14.4x | -16.5x | 3x |
| Wed, 31 Jan 2024 | NOK 4.5b | NOK 1.3b | -NOK 258,328,882.00 | 16.8x | -17.4x | 3.4x |
| Fri, 29 Dec 2023 | NOK 4.2b | NOK 1.3b | -NOK 258,003,447.00 | 17.1x | -16.4x | 3.2x |
| Sun, 26 Nov 2023 | NOK 4.3b | NOK 1.3b | -NOK 248,402,895.00 | 16.6x | -17.4x | 3.3x |
| Tue, 24 Oct 2023 | NOK 3.6b | NOK 917.4m | -NOK 313,079,269.00 | 16.3x | -11.6x | 4x |
| Thu, 21 Sep 2023 | NOK 3.8b | NOK 900.5m | -NOK 310,029,420.00 | 16.3x | -12.3x | 4.2x |
| Sat, 19 Aug 2023 | NOK 3.9b | NOK 924.1m | -NOK 339,874,683.00 | 19.4x | -11.5x | 4.2x |
| Mon, 17 Jul 2023 | NOK 3.8b | NOK 916.7m | -NOK 335,507,688.00 | 18.6x | -11.4x | 4.2x |
| Wed, 14 Jun 2023 | NOK 3.8b | NOK 908.3m | -NOK 284,338,449.00 | 137.1x | -13.4x | 4.2x |
| Fri, 12 May 2023 | NOK 3.6b | NOK 898.8m | -NOK 245,807,504.00 | 131.4x | -14.6x | 4x |
| Sun, 09 Apr 2023 | NOK 4.3b | NOK 845.3m | -NOK 197,915,957.00 | 30.5x | -21.5x | 5x |
| Tue, 07 Mar 2023 | NOK 4.1b | NOK 835.4m | -NOK 194,164,590.00 | 30.7x | -21.2x | 4.9x |
| Thu, 02 Feb 2023 | NOK 4.8b | NOK 1.2b | -NOK 304,648,087.00 | 23.4x | -15.8x | 4.2x |
| Sat, 31 Dec 2022 | NOK 4.9b | NOK 1.1b | -NOK 300,066,282.00 | 25.4x | -16.5x | 4.3x |
| Mon, 28 Nov 2022 | NOK 5.0b | NOK 1.1b | -NOK 286,777,415.00 | 26.1x | -17.4x | 4.4x |
| Wed, 26 Oct 2022 | NOK 4.4b | NOK 1.1b | -NOK 279,680,351.00 | 54x | -15.9x | 4x |
| Fri, 23 Sep 2022 | NOK 4.9b | NOK 1.1b | -NOK 275,911,628.00 | 57.6x | -17.9x | 4.5x |
| Sun, 21 Aug 2022 | NOK 5.7b | NOK 1.1b | -NOK 241,825,221.00 | 69.6x | -23.5x | 5.2x |
| Tue, 19 Jul 2022 | NOK 5.6b | NOK 1.1b | -NOK 230,659,628.00 | 66.4x | -24.5x | 5.3x |
| Thu, 16 Jun 2022 | NOK 5.8b | NOK 1.1b | -NOK 214,122,853.00 | 40.3x | -27.1x | 5.5x |
| Sat, 14 May 2022 | NOK 5.2b | NOK 1.0b | -NOK 150,180,387.00 | 33.5x | -34.8x | 5.2x |
| Mon, 11 Apr 2022 | NOK 6.5b | NOK 960.7m | -NOK 181,363,452.00 | 24.4x | -35.9x | 6.8x |
| Wed, 09 Mar 2022 | NOK 6.8b | NOK 913.5m | -NOK 128,931,560.00 | 1589.1x | -52.4x | 7.4x |
| Fri, 04 Feb 2022 | NOK 9.1b | NOK 884.8m | -NOK 180,033,712.00 | n/a | -50.6x | 10.3x |
Price to Earnings Ratio
-50.6x
Current Industry PE
- Investors are relatively neutral on the Norwegian Healthcare Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 4.5x.
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 6.7% 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 | -0.26% | |
| Healthcare | 2.05% | |
| Healthtech | 6.59% | |
| Healthtech | 6.59% | |
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 | |
|---|---|---|---|---|---|
| NORDH Nordhealth | NOK 41.00 | 2.0% +NOK 63.3m | 48.0% | PS6.3x | |
| OMDA Omda | NOK 38.70 | 7.5% +NOK 54.5m | 13.8% | PS1.9x |