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Norwegian (OSEAX) Healthtech Industry Analysis
UpdatedJun 24, 2022
DataAggregated Company Financials
Companies5
- 7D-4.6%
- 3M-10.7%
- 1Y-43.4%
- YTD-41.2%
Over the last 7 days, the Healthtech industry has dropped 4.6%, driven by Carasent declining 8.5%. Meanwhile, PatientSky Group actually outperformed within the industry, gaining 11% in the last week. The industry has fallen 43% in the last year. As for the next few years, earnings are expected to grow by 10% per annum.
Industry Valuation and Performance
Has the Norwegian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 25 Jun 2022 | kr5.9b | kr1.1b | -kr214,653,112.00 | 37.8x |
| Mon, 23 May 2022 | kr5.6b | kr852.2m | -kr110,368,773.00 | 36.1x |
| Wed, 20 Apr 2022 | kr6.4b | kr961.6m | -kr181,596,822.00 | 24.2x |
| Fri, 18 Mar 2022 | kr6.9b | kr967.8m | -kr181,497,643.00 | 1778.2x |
| Sun, 13 Feb 2022 | kr8.3b | kr904.6m | -kr146,921,822.00 | 3734.6x |
| Tue, 11 Jan 2022 | kr9.4b | kr887.2m | -kr180,173,559.00 | n/a |
| Thu, 09 Dec 2021 | kr10.1b | kr869.6m | -kr165,604,113.00 | n/a |
| Sat, 06 Nov 2021 | kr11.2b | kr808.0m | -kr127,788,465.00 | n/a |
| Mon, 04 Oct 2021 | kr11.4b | kr761.9m | -kr94,388,082.00 | 185.9x |
| Wed, 01 Sep 2021 | kr11.6b | kr750.5m | -kr86,395,460.21 | 163.8x |
| Thu, 08 Jul 2021 | kr10.0b | kr750.5m | -kr86,395,460.21 | 151.1x |
| Wed, 31 Mar 2021 | kr7.8b | kr577.4m | -kr116,239,243.52 | n/a |
| Sat, 02 Jan 2021 | kr8.7b | kr539.0m | -kr58,209,901.11 | 135.6x |
| Tue, 06 Oct 2020 | kr2.9b | kr168.3m | -kr5,620,907.47 | 178.6x |
| Fri, 10 Jul 2020 | kr2.6b | kr162.5m | kr7.0m | 171.9x |
| Thu, 02 Apr 2020 | kr1.1b | kr160.8m | kr16.4m | 112.7x |
| Sun, 05 Jan 2020 | kr1.2b | kr137.6m | kr10.2m | 119.1x |
| Wed, 09 Oct 2019 | kr1.0b | kr131.6m | kr14.1m | 132.1x |
| Tue, 02 Jul 2019 | kr835.1m | kr126.8m | kr10.1m | 317.8x |
Median PE Ratio
317.8x
Current Industry PE
- Investors are pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry's 3-year average PS ratio 11.2x is higher than the industry's current PS ratio of 5.6x.
Past Earnings Growth
- Total earnings for the Health Care Technology industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 103% 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 decreased profits.
Industry Comparison
How does Norwegian Healthtech compare with similar industries?
| NO Market | -3.42% | |
| Healthcare | 0.41% | |
| Healthtech | -4.62% | |
| Healthtech | -4.62% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PSKY PatientSky Group | kr2.94 | 8.7% +kr46.7m | -61.9% | PS2.8x |