Returns At Omda (OB:OMDA) Are On The Way Up
Jul 24
Norwegian (OSEAX) Healthtech Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies5
- 7D0.3%
- 3M1.5%
- 1Y10.4%
- YTDn/a
The Healthtech is pretty flat in the last 7 days, but Omda has stood out, gaining 9.0%. The past year has been better, since the industry has gained 12% in that time. Looking forward, earnings are forecast to grow by 54% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | NOK 5.1b | NOK 1.3b | NOK 28.4m | 9.2x | 179.4x | 3.9x |
| Sun, 23 Jun 2024 | NOK 5.0b | NOK 1.3b | -NOK 10,784,078.62 | 8.8x | -466x | 3.9x |
| Tue, 21 May 2024 | NOK 5.3b | NOK 1.4b | -NOK 193,718,668.28 | 10.8x | -27.5x | 3.8x |
| Thu, 18 Apr 2024 | NOK 4.8b | NOK 1.4b | -NOK 179,883,778.27 | 11.1x | -26.5x | 3.5x |
| Sat, 16 Mar 2024 | NOK 4.4b | NOK 1.4b | -NOK 177,286,834.87 | 10.7x | -24.7x | 3.2x |
| Mon, 12 Feb 2024 | NOK 4.3b | NOK 1.3b | -NOK 258,800,925.68 | 16.8x | -16.5x | 3.2x |
| Wed, 10 Jan 2024 | NOK 4.4b | NOK 1.3b | -NOK 258,034,958.00 | 17.1x | -17.1x | 3.3x |
| Fri, 08 Dec 2023 | NOK 4.3b | NOK 1.3b | -NOK 247,927,452.00 | 17.9x | -17.1x | 3.2x |
| Sun, 05 Nov 2023 | NOK 3.7b | NOK 919.2m | -NOK 313,346,077.00 | 15.4x | -11.9x | 4x |
| Tue, 03 Oct 2023 | NOK 3.9b | NOK 898.5m | -NOK 307,999,854.00 | 15.9x | -12.7x | 4.3x |
| Thu, 31 Aug 2023 | NOK 3.8b | NOK 945.7m | -NOK 326,854,220.00 | 17.6x | -11.6x | 4x |
| Sat, 29 Jul 2023 | NOK 4.0b | NOK 912.1m | -NOK 334,851,576.00 | 18.6x | -11.9x | 4.4x |
| Mon, 26 Jun 2023 | NOK 4.2b | NOK 920.2m | -NOK 288,148,327.00 | 142.3x | -14.4x | 4.5x |
| Wed, 24 May 2023 | NOK 3.8b | NOK 922.4m | -NOK 252,339,967.00 | 137.7x | -15.1x | 4.1x |
| Fri, 21 Apr 2023 | NOK 4.6b | NOK 877.2m | -NOK 221,678,691.00 | 30.3x | -20.6x | 5.2x |
| Sun, 19 Mar 2023 | NOK 3.9b | NOK 846.8m | -NOK 197,096,463.00 | 26.7x | -19.9x | 4.6x |
| Tue, 14 Feb 2023 | NOK 4.8b | NOK 1.2b | -NOK 303,125,181.00 | 24.6x | -15.7x | 4.1x |
| Thu, 12 Jan 2023 | NOK 4.9b | NOK 1.2b | -NOK 302,812,692.00 | 23.9x | -16.2x | 4.2x |
| Sat, 10 Dec 2022 | NOK 4.7b | NOK 1.2b | -NOK 299,639,398.00 | 24.7x | -15.7x | 4.1x |
| Mon, 07 Nov 2022 | NOK 4.6b | NOK 1.1b | -NOK 246,621,978.00 | 26.1x | -18.7x | 4.1x |
| Wed, 05 Oct 2022 | NOK 4.7b | NOK 1.1b | -NOK 276,985,536.00 | 56.2x | -17.1x | 4.2x |
| Fri, 02 Sep 2022 | NOK 5.2b | NOK 1.1b | -NOK 258,937,101.00 | 62.4x | -20x | 4.7x |
| Sun, 31 Jul 2022 | NOK 5.9b | NOK 1.1b | -NOK 228,319,591.00 | 69.2x | -25.9x | 5.6x |
| Tue, 28 Jun 2022 | NOK 6.1b | NOK 1.1b | -NOK 213,997,312.00 | 39.5x | -28.6x | 5.8x |
| Thu, 26 May 2022 | NOK 5.4b | NOK 1.1b | -NOK 213,114,242.00 | 35.5x | -25.3x | 5.1x |
| Sat, 23 Apr 2022 | NOK 6.4b | NOK 965.0m | -NOK 181,604,653.00 | 23x | -35.5x | 6.7x |
| Mon, 21 Mar 2022 | NOK 6.7b | NOK 965.5m | -NOK 181,284,803.00 | 1601.9x | -37.1x | 7x |
| Wed, 16 Feb 2022 | NOK 8.3b | NOK 907.0m | -NOK 147,076,983.00 | 3635.8x | -56.4x | 9.1x |
| Fri, 14 Jan 2022 | NOK 9.5b | NOK 885.3m | -NOK 180,012,139.00 | n/a | -52.9x | 10.8x |
| Sun, 12 Dec 2021 | NOK 9.8b | NOK 871.5m | -NOK 165,731,253.00 | n/a | -59.3x | 11.3x |
| Tue, 09 Nov 2021 | NOK 11.0b | NOK 806.9m | -NOK 127,761,303.00 | n/a | -86.4x | 13.7x |
| Thu, 07 Oct 2021 | NOK 11.2b | NOK 759.8m | -NOK 94,525,770.00 | 192.1x | -118.4x | 14.7x |
| Sat, 04 Sep 2021 | NOK 11.9b | NOK 750.5m | -NOK 86,395,460.21 | 174.1x | -137.7x | 15.9x |
| Mon, 02 Aug 2021 | NOK 10.8b | NOK 750.5m | -NOK 86,395,460.21 | 158.3x | -125.3x | 14.4x |
Price to Earnings Ratio
-125.3x
Current Industry PE
- Investors are optimistic on the Norwegian Health Care Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 178x which is higher than its 3-year average PE of -42.1x.
- The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
- Total earnings for the Health Care Technology industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Norwegian Healthtech compare with similar industries?
| NO Market | -1.27% | |
| Healthcare | -1.16% | |
| Healthtech | 0.33% | |
| Healthtech | 0.33% | |
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 39.80 | 7.6% +NOK 57.2m | -7.4% | PE9.2x | |
| CODE CodeLab Capital | NOK 0.35 | 16.1% +NOK 9.8m | -14.1% | PE1.8x | |
| NORDH Nordhealth | NOK 33.00 | 0.3% +NOK 7.9m | 41.0% | PS5.7x | |
| CONTX ContextVision | NOK 6.10 | 1.0% +NOK 4.6m | -26.2% | PE14.1x |