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Norwegian (OSEAX) Medical Equipment Industry Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies3
  • 7D7.7%
  • 3M-23.8%
  • 1Y-18.7%
  • YTD-22.0%

Over the last 7 days, the Medical Equipment industry has risen 12%, driven by gains from Medistim of 11%. In contrast, the industry has lost 20% in the last 12 months. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Feb 2026NOK 4.7bNOK 840.5mNOK 31.7m37.7x147.3x5.6x
Sat, 24 Jan 2026NOK 5.5bNOK 836.5mNOK 61.2m26.5x89.3x6.5x
Mon, 22 Dec 2025NOK 5.7bNOK 836.5mNOK 61.2m27.1x93.7x6.9x
Wed, 19 Nov 2025NOK 5.5bNOK 836.5mNOK 61.2m26x90.5x6.6x
Fri, 17 Oct 2025NOK 5.1bNOK 794.3mNOK 99.0m25.6x51.5x6.4x
Sun, 14 Sep 2025NOK 5.5bNOK 794.3mNOK 99.0m27.4x55.7x7x
Tue, 12 Aug 2025NOK 5.1bNOK 795.1mNOK 27.4m26.4x187.6x6.5x
Thu, 10 Jul 2025NOK 5.3bNOK 789.7mNOK 34.1m26.9x156.2x6.7x
Sat, 07 Jun 2025NOK 4.8bNOK 789.7m-NOK 34,178,000.0025x-141.8x6.1x
Mon, 05 May 2025NOK 3.9bNOK 736.4m-NOK 49,598,000.0022.7x-78.3x5.3x
Wed, 02 Apr 2025NOK 4.2bNOK 742.8m-NOK 50,585,000.0023.6x-82.5x5.6x
Fri, 28 Feb 2025NOK 3.9bNOK 732.7mNOK 26.5m22.2x146.1x5.3x
Sun, 26 Jan 2025NOK 3.7bNOK 740.2m-NOK 1,466,211.00175.9x-2543.6x5x
Tue, 24 Dec 2024NOK 3.7bNOK 740.2m-NOK 1,466,211.00153.1x-2497.7x4.9x
Thu, 21 Nov 2024NOK 3.5bNOK 740.2m-NOK 1,701,390.00155.6x-2039.9x4.7x
Sat, 19 Oct 2024NOK 3.9bNOK 715.8mNOK 54.7m29.8x70.7x5.4x
Mon, 16 Sep 2024NOK 4.4bNOK 731.9mNOK 4.8m31.2x916.2x6x
Wed, 14 Aug 2024NOK 4.2bNOK 713.9m-NOK 5,474,403.0028.1x-760x5.8x
Fri, 12 Jul 2024NOK 4.5bNOK 713.9m-NOK 5,474,403.0030.5x-813.6x6.2x
Sun, 09 Jun 2024NOK 4.4bNOK 713.9m-NOK 5,474,403.0032.2x-795.1x6.1x
Tue, 07 May 2024NOK 4.4bNOK 716.1mNOK 1.1m32x4020.6x6.1x
Thu, 04 Apr 2024NOK 4.9bNOK 703.0m-NOK 3,507,309.0034.3x-1397.5x7x
Sat, 02 Mar 2024NOK 4.7bNOK 699.6m-NOK 11,684,309.0033.7x-399.6x6.7x
Mon, 29 Jan 2024NOK 5.1bNOK 693.9mNOK 11.5m33.1x443.9x7.4x
Wed, 27 Dec 2023NOK 5.4bNOK 693.9mNOK 11.5m35.4x472.1x7.8x
Fri, 24 Nov 2023NOK 4.9bNOK 693.9mNOK 11.5m32.1x427.5x7.1x
Sun, 22 Oct 2023NOK 4.4bNOK 681.6mNOK 7.8m29.2x560.7x6.4x
Tue, 19 Sep 2023NOK 4.9bNOK 687.1mNOK 14.0m34.3x347.9x7.1x
Thu, 17 Aug 2023NOK 5.6bNOK 664.1mNOK 28.3m39.9x197.2x8.4x
Sat, 15 Jul 2023NOK 5.9bNOK 664.1mNOK 28.3m42.5x208.5x8.9x
Mon, 12 Jun 2023NOK 5.7bNOK 664.1mNOK 28.3m40.2x199.9x8.5x
Wed, 10 May 2023NOK 6.0bNOK 663.5mNOK 30.0m42.7x199.7x9x
Fri, 07 Apr 2023NOK 6.1bNOK 645.5mNOK 22.1m45.2x275x9.4x
Sun, 05 Mar 2023NOK 5.3bNOK 640.4mNOK 26.5m37.3x198.2x8.2x
Price to Earnings Ratio

198.2x


Total Market Cap: NOK 5.3bTotal Earnings: NOK 26.5mTotal Revenue: NOK 640.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Medical Equipment Industry Price to Earnings3Y Average -108.3x202420252026
Current Industry PE
    There are only 3 companies in the Norwegian Medical Equipment industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 6.1% per year over the last three years.
  • Revenues for these companies have grown 9.5% 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 Market1.25%
Healthcare1.64%
Medical Equipment7.68%
Medical Equipment8.53%
Medical Supplies2.50%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 875x.
    • Analysts are expecting annual earnings growth of 11.6%, which is lower than the prior year's growth of 40.1% per year.
  • Investors are most pessimistic about the Medical Supplies industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 71% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 12% 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
MEDI MedistimNOK 214.004.4%
+NOK 164.5m		35.4%PE27.5x
OBSRV Observe MedicalNOK 0.9721.3%
+NOK 23.1m		-75.1%PS7.4x
LIFE LifecareNOK 0.4912.5%
+NOK 10.3m		-95.7%PS51x

Latest News

GENT
NOK 40.20
Gentian Diagnostics
7D
-10.5%
1Y
-14.5%
MEDI
NOK 214.00
Medistim
7D
4.4%
1Y
35.4%
LIFE
NOK 0.49
Lifecare
7D
12.5%
1Y
-95.7%
OBSRV
NOK 0.97
Observe Medical
7D
21.3%
1Y
-75.1%