Calculating The Intrinsic Value Of Hedera Group AB (publ) (STO:HEGR)
In this article we are going to estimate the intrinsic value of Hedera Group AB (publ) ( STO:HEGR ) by taking the...
Swedish (OMX) Healthcare Services Industry Analysis
UpdatedJan 20, 2022
DataAggregated Company Financials
Companies10
- 7D-11.5%
- 3M1.6%
- 1Y33.9%
- YTD-15.8%
Over the last 7 days, the Healthcare Services industry has dropped 12%, driven by a decline by Medicover of 11%. This takes the industry's 12 month performance to a gain of 34%.
Industry Valuation and Performance
Has the Swedish Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 21 Jan 2022 | kr60.4b | kr48.7b | kr1.8b | 23.6x |
| Sun, 19 Dec 2021 | kr66.0b | kr48.6b | kr1.8b | 24.6x |
| Tue, 16 Nov 2021 | kr64.6b | kr48.3b | kr1.8b | 24.8x |
| Thu, 14 Oct 2021 | kr57.5b | kr47.0b | kr1.7b | 24.7x |
| Sat, 11 Sep 2021 | kr60.4b | kr47.1b | kr1.7b | 25.8x |
| Mon, 09 Aug 2021 | kr57.1b | kr47.1b | kr1.7b | 26x |
| Sun, 02 May 2021 | kr59.0b | kr45.3b | kr364.1m | 21.9x |
| Wed, 03 Feb 2021 | kr43.8b | kr44.3b | kr101.2m | 18x |
| Sat, 07 Nov 2020 | kr35.0b | kr43.9b | -kr174,751,703.15 | 16.9x |
| Fri, 31 Jul 2020 | kr33.8b | kr43.5b | -kr241,765,308.13 | 16.6x |
| Mon, 04 May 2020 | kr28.0b | kr43.8b | kr731.8m | 19.1x |
| Thu, 06 Feb 2020 | kr35.5b | kr42.2b | kr794.6m | 34.1x |
| Sun, 10 Nov 2019 | kr31.4b | kr40.2b | kr844.6m | 26.7x |
| Sat, 03 Aug 2019 | kr29.7b | kr37.8b | kr845.5m | 20.5x |
| Tue, 07 May 2019 | kr29.5b | kr35.4b | kr1.0b | 17.6x |
| Fri, 08 Feb 2019 | kr32.1b | kr33.4b | kr1.1b | 18.3x |
PE Ratio
18.3x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 21.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Healthcare industry have grown 18% per year over the last three years, and revenues for these companies have grown 13% 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 Services industry?
| Healthcare Distributors | -1.74% | |
| Healthcare Facilities | -5.88% | |
| Healthcare Services | -13.33% | |
Industry PE: Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 215x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 21.0x.
Forecasted Growth: Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 40% over the next 5 years. This is better than it's past earnings growth rate of 24% per year. Meanwhile, the Healthcare Services industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GHP GHP Specialty Care | kr25.00 | 3.1% +kr52.7m | 1.8% | PE24.6x | |
| NGS NGS Group | kr24.10 | 1.3% +kr2.7m | 61.2% | PE18.9x |
