Header cover image

Swedish (OMX) Healthcare Services Industry Analysis

UpdatedJan 30, 2023
DataAggregated Company Financials
Companies9
  • 7D-1.6%
  • 3M24.6%
  • 1Y-27.3%
  • YTD16.8%

Over the last 7 days, the Healthcare Services industry has dropped 1.6%, driven by Medicover declining 2.2%. Meanwhile, Attendo actually outperformed within the industry, gaining 5.2% in the last week. Overall the industry is down 27% in 12 months. Looking forward, earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

Has the Swedish Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Jan 2023kr39.6bkr55.0bkr1.0b12.8x38.3x0.7x
Wed, 28 Dec 2022kr32.4bkr54.9bkr1.0b12.9x31.4x0.6x
Fri, 25 Nov 2022kr37.4bkr54.4bkr1.0b13.4x36.7x0.7x
Sun, 23 Oct 2022kr30.6bkr53.4bkr1.3b12x24.5x0.6x
Tue, 20 Sep 2022kr30.9bkr53.1bkr1.2b12.8x25x0.6x
Thu, 18 Aug 2022kr36.6bkr52.2bkr1.2b18.3x30.1x0.7x
Sat, 16 Jul 2022kr32.7bkr51.5bkr1.6b18.6x21.1x0.6x
Mon, 13 Jun 2022kr36.1bkr53.0bkr1.6b20.6x22.5x0.7x
Wed, 11 May 2022kr37.4bkr52.8bkr1.6b24.1x23.3x0.7x
Fri, 08 Apr 2022kr45.5bkr50.6bkr1.7b18.9x26.1x0.9x
Sun, 06 Mar 2022kr45.4bkr51.3bkr1.8b21.2x25.4x0.9x
Tue, 01 Feb 2022kr57.7bkr48.9bkr1.8b23.7x31.3x1.2x
Thu, 30 Dec 2021kr72.8bkr48.7bkr1.8b24.6x39.8x1.5x
Sat, 27 Nov 2021kr58.7bkr48.7bkr1.8b23.9x32.1x1.2x
Mon, 25 Oct 2021kr59.9bkr47.0bkr1.7b26.2x36x1.3x
Wed, 22 Sep 2021kr60.1bkr47.1bkr1.7b25x35.2x1.3x
Fri, 20 Aug 2021kr57.3bkr47.1bkr1.7b26.2x33.6x1.2x
Fri, 04 Jun 2021kr57.2bkr45.3bkr364.1m22.2x157x1.3x
Mon, 08 Mar 2021kr49.8bkr44.3bkr101.2m18.5x492.4x1.1x
Thu, 10 Dec 2020kr38.7bkr43.9b-kr174,751,703.1518x-221.4x0.9x
Wed, 02 Sep 2020kr35.8bkr43.5b-kr241,765,308.1318x-148.1x0.8x
Sat, 06 Jun 2020kr30.3bkr43.8bkr731.8m23.3x41.4x0.7x
Tue, 10 Mar 2020kr33.1bkr42.2bkr794.6m29.1x41.7x0.8x
Price to Earnings Ratio

44.7x


Total Market Cap: kr35.5bTotal Earnings: kr794.6mTotal Revenue: kr42.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthcare Services Industry Price to Earnings3Y Average 41.9x202120222023
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 industry is trading at a PE ratio of 38.3x which is lower than its 3-year average PE of 42.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 9.2% per year over the last three years.
  • Revenues for these companies have grown 9.2% 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 Swedish Healthcare industry?

SE Market1.27%
Healthcare-0.34%
Healthcare Services-1.63%
Healthcare Facilities0.21%
Managed Healthcare0%
Healthcare Services-2.24%
Healthcare Distributors-2.45%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry, which is trading close to its 3-year average PE ratio of 59.2x.
    • Analysts are expecting annual earnings growth of 29.3%, which is higher than its past year's earnings growth of 10.7% per year.
  • Investors are most pessimistic about the Healthcare Facilities 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 Healthcare Facilities industry, expecting annual earnings growth of 63% over the next 5 years.
  • This is better than its past earnings decline of 27% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 29% 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
ATT Attendokr26.903.9%
+kr164.2m
-18.0%PS0.3x
L2S Learning 2 Sleep L2Skr0.385.1%
+kr274.5k
n/aPS0.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

HUM

kr40.35

Humana

7D

-2.3%

1Y

-37.1%

AMBEA

kr40.52

Ambea

7D

-5.8%

1Y

-21.7%

ATT

kr26.90

Attendo

7D

3.9%

1Y

-18.0%

DEDI

kr123.80

Dedicare

7D

-5.4%

1Y

87.6%

NGS

kr11.30

NGS Group

7D

-3.8%

1Y

-52.7%

L2S

kr0.38

Learning 2 Sleep L2S

7D

5.1%

1Y

n/a