Header cover image

Swedish (OMX) Healthcare Services Industry Analysis

UpdatedDec 05, 2023
DataAggregated Company Financials
Companies9
  • 7D-1.2%
  • 3M-1.7%
  • 1Y-1.0%
  • YTD1.9%

Over the last 7 days, the Healthcare Services industry has dropped 2.0%, driven by a pullback from Medicover of 3.7%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 43% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023kr34.5bkr62.0bkr957.0m11.7x36x0.6x
Thu, 02 Nov 2023kr31.6bkr61.8bkr1.0b11.1x31x0.5x
Sat, 30 Sep 2023kr32.2bkr60.4bkr903.4m9.4x35.7x0.5x
Mon, 28 Aug 2023kr34.1bkr61.0bkr905.6m9.8x37.7x0.6x
Wed, 26 Jul 2023kr36.5bkr59.4bkr897.7m8.7x40.7x0.6x
Fri, 23 Jun 2023kr35.6bkr58.7bkr768.7m10.9x46.3x0.6x
Sun, 21 May 2023kr38.0bkr58.2bkr768.2m11.6x49.5x0.7x
Tue, 18 Apr 2023kr39.7bkr56.6bkr799.7m14.2x49.7x0.7x
Thu, 16 Mar 2023kr35.8bkr56.5bkr798.2m13.6x44.9x0.6x
Sat, 11 Feb 2023kr37.9bkr55.9bkr1.1b12.5x33.9x0.7x
Mon, 09 Jan 2023kr35.2bkr55.0bkr1.0b13.4x34.1x0.6x
Wed, 07 Dec 2022kr33.3bkr54.6bkr1.0b12.8x32.5x0.6x
Fri, 04 Nov 2022kr32.1bkr53.5bkr1.3b12.4x25.1x0.6x
Sun, 02 Oct 2022kr29.0bkr53.2bkr1.2b12x23.3x0.5x
Tue, 30 Aug 2022kr31.0bkr52.8bkr1.2b12.6x25x0.6x
Thu, 28 Jul 2022kr35.3bkr52.0bkr1.2b17.8x29.2x0.7x
Sat, 25 Jun 2022kr33.4bkr51.7bkr1.6b18.5x21.4x0.6x
Mon, 23 May 2022kr40.6bkr52.6bkr1.6b20.1x25.1x0.8x
Wed, 20 Apr 2022kr43.7bkr50.6bkr1.8b19.6x24.8x0.9x
Fri, 18 Mar 2022kr50.2bkr50.8bkr1.8b19.7x28.6x1x
Sun, 13 Feb 2022kr57.9bkr50.7bkr1.8b22.4x32.5x1.1x
Tue, 11 Jan 2022kr67.9bkr48.7bkr1.8b23.3x37.1x1.4x
Thu, 09 Dec 2021kr60.9bkr48.6bkr1.8b24.3x33.4x1.3x
Sat, 06 Nov 2021kr64.1bkr47.9bkr1.7b24.4x37.5x1.3x
Mon, 04 Oct 2021kr56.4bkr47.1bkr1.7b23.1x33.6x1.2x
Wed, 01 Sep 2021kr60.0bkr47.1bkr1.7b26.4x35.2x1.3x
Thu, 08 Jul 2021kr54.6bkr47.1bkr1.7b27x32x1.2x
Wed, 31 Mar 2021kr49.7bkr45.3bkr364.1m21.4x136.5x1.1x
Sat, 02 Jan 2021kr44.1bkr44.3bkr101.2m17.1x436x1x
Price to Earnings Ratio

436x


Total Market Cap: kr44.1bTotal Earnings: kr101.2mTotal Revenue: kr44.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthcare Services Industry Price to Earnings3Y Average 79.6x20222023
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 36.3x which is lower than its 3-year average PE of 79.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 12% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Healthcare industry?

SE Market0.85%
Healthcare0.72%
Healthcare Services-1.23%
Healthcare Facilities1.80%
Healthcare Distributors1.46%
Managed Healthcare0%
Healthcare Services-2.76%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 78.2x.
    • Analysts are expecting annual earnings growth of 51.6%, which is higher than its past year's earnings growth of 10.0% 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 of 5.7x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings growth rate of 10.0% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 24% 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 Attendokr35.152.5%
+kr136.8m
37.8%PE20.6x
AMBEA Ambeakr44.862.9%
+kr112.8m
-12.3%PE11.7x
DEDI Dedicarekr111.003.2%
+kr32.5m
-12.3%PE10.4x
EQL EQL Pharmakr34.700.3%
+kr2.9m
15.3%PE36.6x
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

AMBEA

kr44.86

Ambea

7D

2.9%

1Y

-12.3%

L2S

kr0.08

Learning 2 Sleep L2S

7D

-7.6%

1Y

-82.5%

NGS

kr5.74

NGS Group

7D

-16.1%

1Y

-49.2%

EQL

kr34.70

EQL Pharma

7D

0.3%

1Y

15.3%

HEGR

kr7.60

Hedera Group

7D

-1.0%

1Y

0.9%

HUM

kr27.40

Humana

7D

-4.0%

1Y

-35.3%

ATT

kr35.15

Attendo

7D

2.5%

1Y

37.8%