Gentian Diagnostics ASA's (OB:GENT) P/S Is Still On The Mark Following 25% Share Price Bounce
Feb 07
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Norwegian (OSEAX) Medical Equipment Industry Analysis
UpdatedFeb 07, 2025
DataAggregated Company Financials
Companies4
- 7D1.4%
- 3M13.6%
- 1Y-28.3%
- YTD5.2%
Over the last 7 days, the Medical Equipment industry has remained flat, although notably Gentian Diagnostics gained 9.1%. Unfortunately though, the industry is down 33% over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Norwegian Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 07 Feb 2025 | NOK 3.9b | NOK 740.2m | -NOK 1,466,211.00 | 182.4x | -2683.2x | 5.3x |
| Sun, 05 Jan 2025 | NOK 3.7b | NOK 740.2m | -NOK 1,466,211.00 | 152.7x | -2537.5x | 5x |
| Tue, 03 Dec 2024 | NOK 3.6b | NOK 740.2m | -NOK 1,466,211.00 | 150.8x | -2470.6x | 4.9x |
| Thu, 31 Oct 2024 | NOK 4.1b | NOK 740.6m | NOK 2.1m | 29.6x | 1916.8x | 5.5x |
| Sat, 28 Sep 2024 | NOK 4.3b | NOK 731.9m | NOK 4.8m | 31.1x | 894.7x | 5.9x |
| Mon, 26 Aug 2024 | NOK 4.3b | NOK 721.4m | -NOK 3,669,403.00 | 28.8x | -1159.2x | 5.9x |
| Wed, 24 Jul 2024 | NOK 4.4b | NOK 713.9m | -NOK 5,474,403.00 | 30.3x | -807.9x | 6.2x |
| Fri, 21 Jun 2024 | NOK 4.3b | NOK 713.9m | -NOK 5,474,403.00 | 32x | -790x | 6.1x |
| Sun, 19 May 2024 | NOK 4.4b | NOK 713.9m | -NOK 5,466,403.00 | 32x | -799.3x | 6.1x |
| Tue, 16 Apr 2024 | NOK 4.6b | NOK 704.5m | -NOK 2,437,211.00 | 32.7x | -1873.4x | 6.5x |
| Thu, 14 Mar 2024 | NOK 4.6b | NOK 708.2m | -NOK 3,216,309.00 | 34.3x | -1439.5x | 6.5x |
| Sat, 10 Feb 2024 | NOK 5.1b | NOK 693.9m | NOK 11.5m | 33.2x | 445.5x | 7.4x |
| Mon, 08 Jan 2024 | NOK 5.2b | NOK 693.9m | NOK 11.5m | 33.3x | 450.8x | 7.5x |
| Wed, 06 Dec 2023 | NOK 4.7b | NOK 693.9m | NOK 11.5m | 31x | 408.4x | 6.8x |
| Fri, 03 Nov 2023 | NOK 4.8b | NOK 698.0m | NOK 17.9m | 32.4x | 266.6x | 6.8x |
| Sun, 01 Oct 2023 | NOK 5.0b | NOK 681.6m | NOK 7.8m | 33.6x | 643.9x | 7.4x |
| Tue, 29 Aug 2023 | NOK 5.1b | NOK 667.2m | NOK 14.2m | 36.2x | 360.8x | 7.7x |
| Thu, 27 Jul 2023 | NOK 5.8b | NOK 664.1m | NOK 28.3m | 41.3x | 203.4x | 8.7x |
| Sat, 24 Jun 2023 | NOK 5.9b | NOK 664.1m | NOK 28.3m | 42.2x | 208.5x | 8.9x |
| Mon, 22 May 2023 | NOK 6.3b | NOK 663.5m | NOK 30.0m | 46x | 211.7x | 9.6x |
| Wed, 19 Apr 2023 | NOK 6.0b | NOK 639.8m | NOK 22.1m | 44.5x | 271.8x | 9.4x |
| Fri, 17 Mar 2023 | NOK 5.3b | NOK 644.1m | NOK 23.3m | 38.6x | 228.8x | 8.3x |
| Sun, 12 Feb 2023 | NOK 5.2b | NOK 600.7m | NOK 9.6m | 42.4x | 537.1x | 8.6x |
| Tue, 10 Jan 2023 | NOK 5.2b | NOK 600.7m | NOK 9.6m | 43x | 538.6x | 8.7x |
| Thu, 08 Dec 2022 | NOK 5.4b | NOK 600.7m | NOK 9.6m | 45.2x | 558x | 9x |
| Sat, 05 Nov 2022 | NOK 5.7b | NOK 598.2m | NOK 11.2m | 48.2x | 513.7x | 9.6x |
| Mon, 03 Oct 2022 | NOK 4.9b | NOK 578.1m | NOK 7.9m | 41.3x | 615x | 8.4x |
| Wed, 31 Aug 2022 | NOK 5.7b | NOK 578.1m | NOK 7.9m | 48.5x | 715.5x | 9.8x |
| Fri, 29 Jul 2022 | NOK 6.5b | NOK 560.5m | NOK 19.9m | 55x | 324.8x | 11.5x |
| Sun, 26 Jun 2022 | NOK 5.9b | NOK 560.5m | NOK 19.9m | 49.9x | 298.2x | 10.6x |
| Tue, 24 May 2022 | NOK 5.4b | NOK 531.8m | NOK 50.4m | 48.5x | 107.8x | 10.2x |
| Thu, 21 Apr 2022 | NOK 6.3b | NOK 519.1m | NOK 56.6m | 57.6x | 112x | 12.2x |
| Sat, 19 Mar 2022 | NOK 5.2b | NOK 523.2m | NOK 56.6m | 47.1x | 92.2x | 10x |
| Mon, 14 Feb 2022 | NOK 6.5b | NOK 495.4m | NOK 60.1m | 59.7x | 108.1x | 13.1x |
Price to Earnings Ratio
108.1x
Current Industry PE
- Investors are pessimistic on the Norwegian Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 8.2x is higher than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- Total earnings for the Medical Equipment industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 14% 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 Trends
Which industries have driven the changes within the Norwegian Healthcare industry?
| NO Market | -1.55% | |
| Healthcare | -0.14% | |
| Medical Equipment | 1.42% | |
| Medical Supplies | 7.56% | |
| Medical Equipment | 0.082% | |
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 63.5% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 63% over the next 5 years.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 3.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GENT Gentian Diagnostics | NOK 48.40 | 7.6% +NOK 52.4m | 12.6% | PE336.2x | |
| LIFE Lifecare | NOK 12.65 | 5.4% +NOK 10.3m | -74.5% | PS13.3x |