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Norwegian (OSEAX) Medical Equipment Industry Analysis

UpdatedJul 16, 2026
DataAggregated Company Financials
Companies4
  • 7D2.3%
  • 3M-2.0%
  • 1Y-22.8%
  • YTD-18.6%

Over the last 7 days, the Medical Equipment industry has dropped 1.6%, driven by declines from every company within the industry. Overall the industry is down 27% in 12 months. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Jul 2026NOK 5.1bNOK 928.2m-NOK 37,061,000.0027.4x-137.8x5.5x
Sat, 13 Jun 2026NOK 4.9bNOK 922.0m-NOK 43,445,000.0026.6x-113.6x5.4x
Mon, 11 May 2026NOK 4.9bNOK 914.6mNOK 92.7m26.5x52.6x5.3x
Wed, 08 Apr 2026NOK 4.6bNOK 895.1mNOK 123.8m34.5x37.2x5.1x
Fri, 06 Mar 2026NOK 4.7bNOK 876.3mNOK 172.5m35.7x27.1x5.3x
Sun, 01 Feb 2026NOK 5.1bNOK 836.5mNOK 61.2m24.8x82.8x6.1x
Tue, 30 Dec 2025NOK 5.6bNOK 836.5mNOK 61.2m26.3x91x6.7x
Thu, 27 Nov 2025NOK 5.4bNOK 836.5mNOK 61.2m25.4x88.3x6.5x
Sat, 25 Oct 2025NOK 5.7bNOK 803.4mNOK 99.6m27.7x56.9x7.1x
Mon, 22 Sep 2025NOK 5.6bNOK 794.3mNOK 99.0m27.6x56.7x7.1x
Wed, 20 Aug 2025NOK 5.4bNOK 795.1mNOK 27.4m27.5x198.4x6.8x
Fri, 18 Jul 2025NOK 5.2bNOK 795.1mNOK 27.4m27.4x191.8x6.6x
Sun, 15 Jun 2025NOK 4.6bNOK 789.7mNOK 34.1m23.6x133.7x5.8x
Tue, 13 May 2025NOK 4.9bNOK 790.1m-NOK 26,958,000.0024.5x-180.3x6.1x
Thu, 10 Apr 2025NOK 3.8bNOK 742.8m-NOK 49,598,000.0022x-77.5x5.2x
Sat, 08 Mar 2025NOK 4.2bNOK 753.5m-NOK 53,714,000.0084.1x-78.8x5.6x
Mon, 03 Feb 2025NOK 3.9bNOK 740.2m-NOK 1,466,211.00173.5x-2679.6x5.3x
Wed, 01 Jan 2025NOK 3.6bNOK 740.2m-NOK 1,466,211.00149.6x-2472.3x4.9x
Fri, 29 Nov 2024NOK 3.7bNOK 740.2m-NOK 1,466,211.00155.1x-2515.4x5x
Sun, 27 Oct 2024NOK 4.1bNOK 740.6mNOK 2.1m30.8x1962.2x5.6x
Tue, 24 Sep 2024NOK 4.4bNOK 731.9mNOK 4.8m31.6x919.2x6x
Thu, 22 Aug 2024NOK 4.3bNOK 721.4m-NOK 3,669,403.0028.6x-1161.8x5.9x
Sat, 20 Jul 2024NOK 4.3bNOK 713.9m-NOK 5,474,403.0029.3x-784x6x
Mon, 17 Jun 2024NOK 4.4bNOK 713.9m-NOK 5,474,403.0032.1x-804.6x6.2x
Wed, 15 May 2024NOK 4.2bNOK 716.1mNOK 1.1m31.4x3891.6x5.9x
Fri, 12 Apr 2024NOK 4.7bNOK 703.0m-NOK 3,507,309.0033x-1344.9x6.7x
Sun, 10 Mar 2024NOK 4.5bNOK 699.6m-NOK 11,684,309.0033x-384.1x6.4x
Tue, 06 Feb 2024NOK 5.1bNOK 693.9mNOK 11.5m33.2x445.7x7.4x
Thu, 04 Jan 2024NOK 5.4bNOK 693.9mNOK 11.5m34.8x468x7.8x
Sat, 02 Dec 2023NOK 4.8bNOK 693.9mNOK 11.5m31.8x419.4x7x
Mon, 30 Oct 2023NOK 4.4bNOK 691.3mNOK 16.4m29.9x271.1x6.4x
Wed, 27 Sep 2023NOK 5.1bNOK 681.6mNOK 7.8m33.8x646.2x7.4x
Fri, 25 Aug 2023NOK 5.0bNOK 664.1mNOK 28.3m35.4x178x7.6x
Sun, 23 Jul 2023NOK 5.9bNOK 664.1mNOK 28.3m42.2x206.7x8.8x
Price to Earnings Ratio

206.7x


Total Market Cap: NOK 5.9bTotal Earnings: NOK 28.3mTotal Revenue: NOK 664.1mTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Medical Equipment Industry Price to Earnings3Y Average -141.2x202420252026
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 6.3x is higher than the industry's current PS ratio of 5.4x.
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 12% 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 Market0.48%
Healthcare-0.22%
Medical Equipment2.32%
Medical Equipment2.42%
Medical Supplies1.58%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 90% over the next 5 years.
    • In contrast, the Medical Equipment industry is expected to see its earnings grow by 9.2% 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 234.002.6%
    +NOK 109.8m    		4.9%PE27.4x
    		GENT Gentian DiagnosticsNOK 38.601.6%
    +NOK 9.3m    		-32.5%PS3.3x
    		LIFE LifecareNOK 0.305.7%
    +NOK 4.8m    		-94.1%PS11.9x

    Latest News

    GENT
    NOK 38.60
    Gentian Diagnostics
    7D
    1.6%
    1Y
    -32.5%
    LIFE
    NOK 0.30
    Lifecare
    7D
    5.7%
    1Y
    -94.1%
    MEDI
    NOK 234.00
    Medistim
    7D
    2.6%
    1Y
    4.9%
    Narrative Update • Jun 25

    MEDI: Higher Future P/E Will Support Attractive Long Term Undervaluation

    Analysts have kept their Medistim price target steady at NOK 310. Slightly higher assumed discount rates and lower projected revenue growth and profit margins are offset by a higher future P/E assumption in their valuation work.
    OBSRV
    NOK 1.04
    Observe Medical
    7D
    -5.5%
    1Y
    -11.1%