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Norwegian (OSEAX) Medical Equipment Industry Analysis

UpdatedSep 18, 2026
DataAggregated Company Financials
Companies4
  • 7D0.4%
  • 3M8.8%
  • 1Y-43.9%
  • YTD-16.8%

In the last week, Medical Equipment has been flat. Unfortunately though, the industry is down 44% over the past 12 months. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 19 Sep 2026NOK 5.4bNOK 964.5mNOK 15.0m27.2x357.2x5.6x
Mon, 17 Aug 2026NOK 5.2bNOK 928.2m-NOK 37,061,000.0028x-140.3x5.6x
Wed, 15 Jul 2026NOK 5.0bNOK 928.2m-NOK 37,061,000.0026.7x-134.5x5.4x
Fri, 12 Jun 2026NOK 4.9bNOK 922.0m-NOK 43,445,000.0026.6x-113.2x5.3x
Sun, 10 May 2026NOK 4.9bNOK 914.6mNOK 92.7m26.5x52.6x5.3x
Tue, 07 Apr 2026NOK 4.7bNOK 895.1mNOK 123.8m35x37.6x5.2x
Thu, 05 Mar 2026NOK 4.7bNOK 878.1mNOK 48.5m35.2x96.8x5.3x
Sat, 31 Jan 2026NOK 5.1bNOK 836.5mNOK 61.2m24.8x82.7x6x
Mon, 29 Dec 2025NOK 5.7bNOK 836.5mNOK 61.2m26.7x93x6.8x
Wed, 26 Nov 2025NOK 5.4bNOK 836.5mNOK 61.2m25.4x88.2x6.5x
Fri, 24 Oct 2025NOK 5.5bNOK 794.3mNOK 99.0m27.3x55.9x7x
Sun, 21 Sep 2025NOK 5.6bNOK 794.3mNOK 99.0m27.6x56.7x7.1x
Tue, 19 Aug 2025NOK 5.4bNOK 795.1mNOK 27.4m27.3x196.5x6.8x
Thu, 17 Jul 2025NOK 5.2bNOK 795.1mNOK 27.4m27x188.5x6.5x
Sat, 14 Jun 2025NOK 4.6bNOK 789.7mNOK 34.1m23.6x133.7x5.8x
Mon, 12 May 2025NOK 4.6bNOK 790.1m-NOK 26,958,000.0023.2x-169.3x5.8x
Wed, 09 Apr 2025NOK 4.0bNOK 742.8m-NOK 49,598,000.0022.5x-79.7x5.3x
Fri, 07 Mar 2025NOK 4.3bNOK 753.5m-NOK 53,714,000.0085.7x-80.4x5.7x
Sun, 02 Feb 2025NOK 3.9bNOK 740.2m-NOK 1,466,211.00173.5x-2679.6x5.3x
Tue, 31 Dec 2024NOK 3.6bNOK 740.2m-NOK 1,466,211.00149.6x-2472.3x4.9x
Thu, 28 Nov 2024NOK 3.8bNOK 740.2m-NOK 1,466,211.00150.7x-2559.5x5.1x
Sat, 26 Oct 2024NOK 4.1bNOK 740.6mNOK 2.1m30.8x1962.2x5.6x
Mon, 23 Sep 2024NOK 4.4bNOK 731.9mNOK 4.8m31.6x919.2x6x
Wed, 21 Aug 2024NOK 4.2bNOK 721.4m-NOK 3,669,403.0028.1x-1147.3x5.8x
Fri, 19 Jul 2024NOK 4.4bNOK 713.9m-NOK 5,474,403.0030.3x-800.6x6.1x
Sun, 16 Jun 2024NOK 4.4bNOK 713.9m-NOK 5,474,403.0032.1x-804.6x6.2x
Tue, 14 May 2024NOK 4.3bNOK 716.1mNOK 1.1m31.6x3921.5x6x
Thu, 11 Apr 2024NOK 4.9bNOK 703.0m-NOK 3,507,309.0034.9x-1404.2x7x
Sat, 09 Mar 2024NOK 4.5bNOK 699.6m-NOK 11,684,309.0033x-384.1x6.4x
Mon, 05 Feb 2024NOK 5.2bNOK 693.9mNOK 11.5m33.7x452.3x7.5x
Wed, 03 Jan 2024NOK 5.4bNOK 693.9mNOK 11.5m34.3x464.4x7.7x
Fri, 01 Dec 2023NOK 4.8bNOK 693.9mNOK 11.5m31.6x419.2x7x
Sun, 29 Oct 2023NOK 4.4bNOK 691.3mNOK 16.4m29.9x271.1x6.4x
Tue, 26 Sep 2023NOK 4.9bNOK 681.6mNOK 7.8m33.6x631.7x7.2x
Price to Earnings Ratio

631.7x


Total Market Cap: NOK 4.9bTotal Earnings: NOK 7.8mTotal Revenue: NOK 681.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Medical Equipment Industry Price to Earnings3Y Average -154.6x202420252026
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 357x which is higher than its 3-year average PE of -155x.
  • The industry is trading close to its 3-year average PS ratio of 6.1x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 24% 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 Market1.38%
Healthcare-1.38%
Medical Equipment0.43%
Medical Equipment0.49%
Medical Supplies0%0
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 843x.
    • Analysts are expecting annual earnings growth of 12.5%, which is lower than the prior year's growth of 26.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 100% over the next 5 years.
  • 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 248.000.8%
+NOK 36.6m		-0.8%PE27.4x
LIFE LifecareNOK 0.3213.1%
+NOK 15.1m		-96.7%PS17x
OBSRV Observe MedicalNOK 0.973.4%
+NOK 4.4m		10.5%PS6x

Latest News

MEDI
NOK 248.00
Medistim
7D
0.8%
1Y
-0.8%
OBSRV
NOK 0.97
Observe Medical
7D
3.4%
1Y
10.5%
GENT
NOK 39.20
Gentian Diagnostics
7D
-0.5%
1Y
-29.5%
LIFE
NOK 0.32
Lifecare
7D
13.1%
1Y
-96.7%