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Swedish (OMX) Healthcare Sector Analysis

UpdatedJun 08, 2023
DataAggregated Company Financials
Companies225
  • 7D1.3%
  • 3M4.4%
  • 1Y-11.2%
  • YTD5.8%

Over the last 7 days, the Healthcare industry has risen 1.3%, driven by gains from Medicover of 7.9%. In the same time, BICO Group was down 22%. However, the industry is down 11% over the past year. Looking forward, earnings are forecast to grow by 32% annually.

Sector Valuation and Performance

Has the Swedish Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jun 2023kr513.2bkr179.0b-kr543,106,564.0041.1x-944.9x2.9x
Sat, 06 May 2023kr530.4bkr176.4b-kr736,383,535.0041.1x-720.3x3x
Mon, 03 Apr 2023kr494.5bkr172.5b-kr1,399,898,502.0035.6x-353.2x2.9x
Wed, 01 Mar 2023kr493.0bkr171.6b-kr1,163,811,380.0037.3x-423.6x2.9x
Fri, 27 Jan 2023kr512.4bkr166.1bkr533.7m33.7x960.1x3.1x
Sun, 25 Dec 2022kr468.6bkr165.7bkr699.4m31.4x670x2.8x
Tue, 22 Nov 2022kr484.4bkr164.6bkr1.1b31x456.2x2.9x
Thu, 20 Oct 2022kr450.8bkr159.7b-kr242,804,819.0029.5x-1856.7x2.8x
Sat, 17 Sep 2022kr450.4bkr159.4b-kr112,034,488.0031.2x-4020.1x2.8x
Mon, 15 Aug 2022kr539.3bkr156.8b-kr359,297,300.0032.3x-1501x3.4x
Wed, 13 Jul 2022kr521.8bkr153.8bkr312.9m33.5x1667.3x3.4x
Fri, 10 Jun 2022kr544.2bkr155.2bkr382.8m37.1x1421.8x3.5x
Sun, 08 May 2022kr517.6bkr152.6bkr792.5m38.3x653.2x3.4x
Tue, 05 Apr 2022kr648.2bkr147.5bkr1.2b45.8x526.1x4.4x
Thu, 03 Mar 2022kr595.2bkr147.8bkr1.9b38.1x308.1x4x
Sat, 29 Jan 2022kr630.3bkr144.3bkr3.3b44.7x188.4x4.4x
Mon, 27 Dec 2021kr758.1bkr143.9bkr3.5b51.5x217.1x5.3x
Wed, 24 Nov 2021kr754.2bkr143.2bkr3.9b51.1x191.9x5.3x
Fri, 22 Oct 2021kr765.5bkr138.6bkr3.4b56.1x222.9x5.5x
Sun, 19 Sep 2021kr785.7bkr140.4bkr4.1b58x191.5x5.6x
Tue, 17 Aug 2021kr747.8bkr140.4bkr4.4b53.3x168.3x5.3x
Tue, 01 Jun 2021kr595.3bkr135.3bkr2.0b45.9x293.1x4.4x
Fri, 05 Mar 2021kr535.3bkr134.6bkr1.8b47.5x297.2x4x
Mon, 07 Dec 2020kr490.7bkr133.6bkr2.3b34x218.1x3.7x
Thu, 10 Sep 2020kr473.1bkr131.0bkr1.8b41.9x263x3.6x
Price to Earnings Ratio

233.9x


Total Market Cap: kr412.7bTotal Earnings: kr1.8bTotal Revenue: kr131.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthcare Sector Price to Earnings3Y Average -460.2x202120222023
Current Industry PE
  • Investors are pessimistic on the Swedish Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.8x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 11% 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 Swedish Healthcare sector?

SE Market3.44%
Healthcare1.28%
Healthcare Services6.36%
Biotech2.38%
Healthtech0.98%
Medical Equipment0.58%
Life Sciences-0.26%
Pharma-2.20%
Industry PE
  • Investors are most optimistic about the Healthtech industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 58.4%, which is higher than its past year's earnings growth of 19.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 58% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Life Sciences industry is expected to see its earnings grow by 19% 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
SOBI Swedish Orphan Biovitrumkr222.605.0%
+kr3.1b
7.8%PE20.9x
BIOA B BioArctickr336.403.1%
+kr899.9m
343.2%PE90.8x
EKTA B Elektakr83.482.3%
+kr710.7m
8.1%PE33.8x
SECT B Sectrakr185.401.7%
+kr594.0m
33.7%PE95.3x
BACTI B Bactiguard Holdingkr81.4018.3%
+kr441.6m
-21.6%PS12.3x
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Latest News

SECARE

kr42.35

Swedencare

7D

-4.6%

1Y

-54.3%

MCOV B

kr169.50

Medicover

7D

1.1%

1Y

12.3%

BIOA B

kr336.40

BioArctic

7D

3.1%

1Y

343.2%

SECT B

kr185.40

Sectra

7D

1.7%

1Y

33.7%

VIMIAN

kr29.10

Vimian Group

7D

-5.4%

1Y

-48.9%

GETI B

kr247.60

Getinge

7D

-1.5%

1Y

-10.2%

CAMX

kr261.40

Camurus

7D

-5.9%

1Y

40.6%

XVIVO

kr274.50

Xvivo Perfusion

7D

-4.0%

1Y

17.3%

BACTI B

kr81.40

Bactiguard Holding

7D

18.3%

1Y

-21.6%

SOBI

kr222.60

Swedish Orphan Biovitrum

7D

5.0%

1Y

7.8%