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Norwegian (OSEAX) Medical Equipment Industry Analysis

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies3
  • 7D-2.7%
  • 3M-15.3%
  • 1Y-28.2%
  • YTDn/a

Over the last 7 days, the Medical Equipment industry has dropped 4.0%, driven by a pullback from Lifecare of 15%. However, the industry is down 29% over the past year. As for the next few years, earnings are expected to grow by 9.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024kr3.9bkr566.7mkr6.9m32.4x557.1x6.8x
Sat, 30 Mar 2024kr3.9bkr560.6mkr7.1m32.8x541.2x6.9x
Mon, 26 Feb 2024kr4.4bkr559.3mkr16.7m32.3x260.9x7.8x
Wed, 24 Jan 2024kr4.5bkr559.3mkr16.7m33.7x271.9x8.1x
Fri, 22 Dec 2023kr4.7bkr559.3mkr16.7m34.6x279.8x8.4x
Sun, 19 Nov 2023kr4.2bkr559.3mkr16.7m31.8x253.6x7.6x
Tue, 17 Oct 2023kr4.0bkr555.9mkr21.6m30.7x186x7.2x
Thu, 14 Sep 2023kr4.2bkr561.4mkr27.8m33.9x150.7x7.5x
Sat, 12 Aug 2023kr4.8bkr541.7mkr46.0m39.1x104.7x8.9x
Mon, 10 Jul 2023kr5.2bkr541.7mkr46.0m42.4x112.6x9.6x
Wed, 07 Jun 2023kr5.1bkr541.7mkr46.0m41.4x111.3x9.4x
Fri, 05 May 2023kr5.2bkr541.0mkr47.6m42.4x109.7x9.7x
Sun, 02 Apr 2023kr5.8bkr533.6mkr45.7m48.1x126.8x10.9x
Tue, 28 Feb 2023kr4.4bkr495.2mkr33.8m41.3x130.8x8.9x
Thu, 26 Jan 2023kr4.4bkr494.7mkr38.2m41.1x114.3x8.8x
Sat, 24 Dec 2022kr4.5bkr494.7mkr38.2m42.1x116.7x9x
Mon, 21 Nov 2022kr5.0bkr487.9mkr33.4m46.8x148.6x10.2x
Wed, 19 Oct 2022kr4.8bkr477.8mkr33.9m47x140.7x10x
Fri, 16 Sep 2022kr4.3bkr477.8mkr33.9m40.4x126.8x9x
Sun, 14 Aug 2022kr5.7bkr461.6mkr46.4m53.4x122.5x12.3x
Tue, 12 Jul 2022kr6.5bkr461.6mkr46.4m62.6x140x14.1x
Thu, 09 Jun 2022kr5.6bkr461.6mkr46.4m53.1x121.1x12.2x
Sat, 07 May 2022kr4.5bkr432.9mkr76.9m45.8x59x10.5x
Mon, 04 Apr 2022kr5.1bkr417.8mkr81.4m54.2x62.6x12.2x
Wed, 02 Mar 2022kr5.0bkr422.0mkr81.4m53.6x61.6x11.9x
Fri, 28 Jan 2022kr5.9bkr396.5mkr78.9m65x74.9x14.9x
Sun, 26 Dec 2021kr6.9bkr396.5mkr78.9m75.9x87.3x17.4x
Tue, 23 Nov 2021kr6.6bkr396.5mkr78.9m73.1x84.3x16.8x
Thu, 21 Oct 2021kr7.4bkr398.8mkr48.2m82.6x154x18.6x
Sat, 18 Sep 2021kr6.5bkr398.8mkr48.2m71.8x135.2x16.4x
Mon, 16 Aug 2021kr6.6bkr398.8mkr54.2m74.8x121.8x16.6x
Mon, 31 May 2021kr5.2bkr361.8mkr28.8m69.1x181.4x14.5x
Price to Earnings Ratio

189x


Total Market Cap: kr5.5bTotal Earnings: kr28.8mTotal Revenue: kr361.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Medical Equipment Industry Price to Earnings3Y Average 116.6x202220232024
Current Industry PE
    There are only 3 companies in the Norwegian Healthcare 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 Healthcare Equipment industry have declined 34% per year over the last three years.
  • Meanwhile revenues for these companies have grown 16% 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 Comparison

How does Norwegian Medical Equipment compare with similar industries?

NO Market0.35%
Healthcare1.38%
Medical Equipment-1.28%
Medical Equipment-2.72%
Medical Supplies8.51%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MEDI Medistimkr181.504.3%
+kr137.4m
-32.5%PE32.4x
OBSRV Observe Medicalkr0.5214.7%
+kr12.6m
-64.4%PS3.5x
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Latest News

LIFE

kr3.23

Lifecare

7D

-5.1%

1Y

62.7%

MEDI

kr181.50

Medistim

7D

4.3%

1Y

-32.5%

OBSRV

kr0.52

Observe Medical

7D

14.7%

1Y

-64.4%