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Norwegian (OSEAX) Medical Equipment Industry Analysis

UpdatedAug 10, 2025
DataAggregated Company Financials
Companies4
  • 7D-1.4%
  • 3M4.0%
  • 1Y8.5%
  • YTD24.9%

The Medical Equipment industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 8.9% annually.

Industry Valuation and Performance

Has the Norwegian Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 Aug 2025NOK 5.2bNOK 795.1mNOK 27.4m26.7x190.2x6.5x
Tue, 08 Jul 2025NOK 5.2bNOK 789.7mNOK 34.1m26.3x151.7x6.5x
Thu, 05 Jun 2025NOK 4.8bNOK 789.7m-NOK 34,178,000.0024.6x-139.5x6x
Sat, 03 May 2025NOK 3.9bNOK 736.4m-NOK 49,598,000.0022.7x-78.3x5.3x
Mon, 31 Mar 2025NOK 4.1bNOK 742.8m-NOK 50,585,000.0023.3x-81x5.5x
Wed, 26 Feb 2025NOK 3.9bNOK 732.7mNOK 26.5m22.6x147.5x5.3x
Fri, 24 Jan 2025NOK 3.7bNOK 740.2m-NOK 1,466,211.00168.2x-2505.6x5x
Sun, 22 Dec 2024NOK 3.8bNOK 740.2m-NOK 1,466,211.00149.5x-2571.6x5.1x
Tue, 19 Nov 2024NOK 3.4bNOK 740.2m-NOK 1,701,390.00155.3x-2005.7x4.6x
Thu, 17 Oct 2024NOK 3.9bNOK 715.8mNOK 54.7m29.8x70.7x5.4x
Sat, 14 Sep 2024NOK 4.4bNOK 731.9mNOK 4.8m31.2x916.2x6x
Mon, 12 Aug 2024NOK 4.2bNOK 713.9m-NOK 5,474,403.0028.8x-774.3x5.9x
Wed, 10 Jul 2024NOK 4.4bNOK 713.9m-NOK 5,474,403.0029.9x-803.3x6.2x
Fri, 07 Jun 2024NOK 4.4bNOK 713.9m-NOK 5,474,403.0033x-808.6x6.2x
Sun, 05 May 2024NOK 4.3bNOK 716.1mNOK 1.1m31.5x3980.7x6.1x
Tue, 02 Apr 2024NOK 4.5bNOK 703.0m-NOK 3,507,309.0032.8x-1272.5x6.3x
Thu, 29 Feb 2024NOK 4.9bNOK 701.7mNOK 6.4m31.8x769.4x7x
Sat, 27 Jan 2024NOK 5.1bNOK 693.9mNOK 11.5m33.1x443.9x7.4x
Mon, 25 Dec 2023NOK 5.4bNOK 693.9mNOK 11.5m35.4x472.1x7.8x
Wed, 22 Nov 2023NOK 4.9bNOK 693.9mNOK 11.5m32.3x425.8x7.1x
Fri, 20 Oct 2023NOK 4.5bNOK 681.6mNOK 7.8m29.6x573.7x6.6x
Sun, 17 Sep 2023NOK 4.8bNOK 687.1mNOK 14.0m34.1x345.8x7x
Tue, 15 Aug 2023NOK 5.5bNOK 664.1mNOK 28.3m39.1x194.2x8.3x
Thu, 13 Jul 2023NOK 5.9bNOK 664.1mNOK 28.3m42.5x208.5x8.9x
Sat, 10 Jun 2023NOK 5.7bNOK 664.1mNOK 28.3m40.2x199.9x8.5x
Mon, 08 May 2023NOK 6.4bNOK 663.5mNOK 30.0m46x212.6x9.6x
Wed, 05 Apr 2023NOK 6.1bNOK 645.5mNOK 22.1m45.5x276.3x9.5x
Fri, 03 Mar 2023NOK 5.3bNOK 640.4mNOK 26.5m37.7x201.2x8.3x
Sun, 29 Jan 2023NOK 5.0bNOK 600.7mNOK 9.6m41.1x521.2x8.4x
Tue, 27 Dec 2022NOK 5.1bNOK 600.7mNOK 9.6m42.1x528x8.5x
Thu, 24 Nov 2022NOK 5.7bNOK 593.9mNOK 4.8m47.9x1172.4x9.5x
Sat, 22 Oct 2022NOK 5.1bNOK 578.1mNOK 7.9m44x643.2x8.8x
Mon, 19 Sep 2022NOK 4.9bNOK 578.1mNOK 7.9m40x618.1x8.5x
Wed, 17 Aug 2022NOK 6.4bNOK 560.5mNOK 19.9m53.2x319.6x11.4x
Price to Earnings Ratio

319.6x


Total Market Cap: NOK 6.4bTotal Earnings: NOK 19.9mTotal Revenue: NOK 560.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Medical Equipment Industry Price to Earnings3Y Average -5.1x202320242025
Current Industry PE
  • Investors are optimistic on the Norwegian Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 184x which is higher than its 3-year average PE of -3.5x.
  • The 3-year average PS ratio of 7.2x is higher than the industry's current PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Healthcare industry?

NO Market0.79%
Healthcare-0.92%
Medical Equipment-1.44%
Medical Equipment-0.68%
Medical Supplies-5.07%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 4.5% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 9.8% over the next 5 years.
  • However this is lower than its past earnings growth rate of 20% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 4.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LIFE LifecareNOK 11.00139.1%
+NOK 122.0m		-49.9%PS22.6x

Latest News

LIFE
NOK 11.00
Lifecare
7D
139.1%
1Y
-49.9%
MEDI
NOK 221.00
Medistim
7D
-3.5%
1Y
36.8%
GENT
NOK 56.20
Gentian Diagnostics
7D
-5.1%
1Y
2.2%
OBSRV
NOK 0.99
Observe Medical
7D
-5.7%
1Y
-84.3%