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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?

DateMarket CapRevenueEarningsPE
Sat, 25 Jun 2022kr5.9bkr1.1b-kr214,653,112.0037.8x
Mon, 23 May 2022kr5.6bkr852.2m-kr110,368,773.0036.1x
Wed, 20 Apr 2022kr6.4bkr961.6m-kr181,596,822.0024.2x
Fri, 18 Mar 2022kr6.9bkr967.8m-kr181,497,643.001778.2x
Sun, 13 Feb 2022kr8.3bkr904.6m-kr146,921,822.003734.6x
Tue, 11 Jan 2022kr9.4bkr887.2m-kr180,173,559.00n/a
Thu, 09 Dec 2021kr10.1bkr869.6m-kr165,604,113.00n/a
Sat, 06 Nov 2021kr11.2bkr808.0m-kr127,788,465.00n/a
Mon, 04 Oct 2021kr11.4bkr761.9m-kr94,388,082.00185.9x
Wed, 01 Sep 2021kr11.6bkr750.5m-kr86,395,460.21163.8x
Thu, 08 Jul 2021kr10.0bkr750.5m-kr86,395,460.21151.1x
Wed, 31 Mar 2021kr7.8bkr577.4m-kr116,239,243.52n/a
Sat, 02 Jan 2021kr8.7bkr539.0m-kr58,209,901.11135.6x
Tue, 06 Oct 2020kr2.9bkr168.3m-kr5,620,907.47178.6x
Fri, 10 Jul 2020kr2.6bkr162.5mkr7.0m171.9x
Thu, 02 Apr 2020kr1.1bkr160.8mkr16.4m112.7x
Sun, 05 Jan 2020kr1.2bkr137.6mkr10.2m119.1x
Wed, 09 Oct 2019kr1.0bkr131.6mkr14.1m132.1x
Tue, 02 Jul 2019kr835.1mkr126.8mkr10.1m317.8x
Median PE Ratio

317.8x


Total Market Cap: kr835.1mTotal Earnings: kr10.1mTotal Revenue: kr126.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Healthtech Industry Median PE3Y Average 216.1x202020212022
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%
Healthcare0.41%
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?

CompanyLast Price7D1YValuation
PSKY PatientSky Groupkr2.948.7%
+kr46.7m
-61.9%PS2.8x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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Latest News

NORDH

kr21.00

Nordhealth

7D

-13.6%

1Y

-42.5%

CARA

kr24.50

Carasent

7D

-2.0%

1Y

-23.7%