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Swedish (OMX) Healthcare Services Industry Analysis

UpdatedMar 12, 2026
DataAggregated Company Financials
Companies9
  • 7D0.6%
  • 3M-8.6%
  • 1Y17.5%
  • YTD-5.6%

Last week, the Healthcare Services industry hasn't moved much but Asker Healthcare Group is up 5.1% in that time. The past year has been better, since the industry has gained 17% in that time. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Mar 2026SEK 86.0bSEK 90.0bSEK 3.0b18.1x28.4x1x
Sat, 07 Feb 2026SEK 91.1bSEK 88.7bSEK 3.0b17.9x29.9x1x
Mon, 05 Jan 2026SEK 60.1bSEK 72.7bSEK 2.4b17.3x25.3x0.8x
Wed, 03 Dec 2025SEK 62.7bSEK 73.1bSEK 2.4b17.2x26.3x0.9x
Fri, 31 Oct 2025SEK 66.6bSEK 71.7bSEK 2.1b17.6x32.1x0.9x
Sun, 28 Sep 2025SEK 64.8bSEK 72.3bSEK 2.0b17.8x33.2x0.9x
Tue, 26 Aug 2025SEK 67.2bSEK 72.6bSEK 2.0b18x34.3x0.9x
Thu, 24 Jul 2025SEK 63.0bSEK 71.1bSEK 1.8b16.2x35.8x0.9x
Sat, 21 Jun 2025SEK 57.9bSEK 71.3bSEK 1.7b15.6x34x0.8x
Mon, 19 May 2025SEK 60.5bSEK 70.8bSEK 1.7b15.9x35.7x0.9x
Wed, 16 Apr 2025SEK 55.0bSEK 69.9bSEK 1.4b18.1x39.1x0.8x
Fri, 14 Mar 2025SEK 52.8bSEK 69.6bSEK 1.4b18.5x37.5x0.8x
Sun, 09 Feb 2025SEK 54.2bSEK 84.1bSEK 1.8b18.5x30.2x0.6x
Tue, 07 Jan 2025SEK 51.0bSEK 68.5bSEK 1.4b17.7x37.2x0.7x
Thu, 05 Dec 2024SEK 48.3bSEK 68.6bSEK 1.4b17.7x35.2x0.7x
Sat, 02 Nov 2024SEK 46.8bSEK 68.7bSEK 1.2b17.1x39.1x0.7x
Mon, 30 Sep 2024SEK 47.6bSEK 66.4bSEK 1.2b18.6x38.4x0.7x
Wed, 28 Aug 2024SEK 46.1bSEK 66.5bSEK 1.2b19.1x37.1x0.7x
Fri, 26 Jul 2024SEK 46.5bSEK 66.1bSEK 1.2b15.1x39x0.7x
Sun, 23 Jun 2024SEK 46.3bSEK 64.6bSEK 1.3b13.6x35.7x0.7x
Tue, 21 May 2024SEK 45.1bSEK 65.3bSEK 1.3b14.1x34.5x0.7x
Thu, 18 Apr 2024SEK 36.6bSEK 64.0bSEK 1.2b12.7x29.8x0.6x
Sat, 16 Mar 2024SEK 35.2bSEK 63.4bSEK 1.2b12.1x28.8x0.6x
Mon, 12 Feb 2024SEK 37.7bSEK 63.8bSEK 1.2b11x30.6x0.6x
Wed, 10 Jan 2024SEK 37.1bSEK 61.8bSEK 939.8m14x39.5x0.6x
Fri, 08 Dec 2023SEK 34.1bSEK 61.8bSEK 956.3m12.1x35.7x0.6x
Sun, 05 Nov 2023SEK 33.2bSEK 62.5bSEK 1.1b11.6x31.2x0.5x
Tue, 03 Oct 2023SEK 32.2bSEK 60.5bSEK 903.7m10.5x35.7x0.5x
Thu, 31 Aug 2023SEK 34.5bSEK 60.9bSEK 905.0m9.9x38.1x0.6x
Sat, 29 Jul 2023SEK 35.5bSEK 60.3bSEK 944.3m8.5x37.6x0.6x
Mon, 26 Jun 2023SEK 35.6bSEK 58.7bSEK 768.7m10.9x46.3x0.6x
Wed, 24 May 2023SEK 37.5bSEK 58.3bSEK 768.3m11.6x48.8x0.6x
Fri, 21 Apr 2023SEK 39.3bSEK 56.7bSEK 803.5m13.8x48.9x0.7x
Sun, 19 Mar 2023SEK 35.7bSEK 56.5bSEK 798.2m13.8x44.7x0.6x
Price to Earnings Ratio

44.7x


Total Market Cap: SEK 35.7bTotal Earnings: SEK 798.2mTotal Revenue: SEK 56.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthcare Services Industry Price to Earnings3Y Average 36.3x202420252026
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 28.4x which is lower than its 3-year average PE of 36.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 56% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market-1.84%
Healthcare0.60%
Healthcare Services0.60%
Healthcare Distributors4.54%
Healthcare Facilities-0.34%
Healthcare Services-1.67%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry, which is trading close to its 3-year average PE ratio of 51.3x.
    • Analysts are expecting annual earnings growth of 27.4%, which is higher than its past year's earnings growth of 6.3% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading close to its 3-year average of 15.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 6.3% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 11% 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
ASKER Asker Healthcare GroupSEK 64.795.1%
+SEK 1.2b		n/aPE53.8x
HUM HumanaSEK 47.154.8%
+SEK 103.9m		6.9%PE9.7x
AMBEA AmbeaSEK 132.800.8%
+SEK 90.3m		27.4%PE16.4x

Latest News

HUM
SEK 47.15
Humana
7D
4.8%
1Y
6.9%
AMBEA
SEK 132.80
Ambea
7D
0.8%
1Y
27.4%
ATT
SEK 101.40
Attendo
7D
-1.9%
1Y
66.0%

ATT: Future Dividend And Cash Returns Will Support Steady Prospects

Narrative Update on Attendo Analysts have kept Attendo's fair value estimate steady at SEK 110, with only minor adjustments to inputs such as the discount rate and assumed future P/E. This reflects fine tuning of their valuation rather than a shift in overall view.
MCOV B
SEK 207.00
Medicover
7D
-1.7%
1Y
5.1%

MCOV B: Dividend Uplift And 2028 Revenue Ambition Will Support Future Upside

Analysts have kept their price target for Medicover broadly unchanged at around SEK 257, reflecting stable assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News The board of Medicover AB proposes a dividend of SEK 0.20 per share for the financial year 2025, compared with SEK 0.15 previously, subject to approval at the annual general meeting on 29 April 2026 (Key Developments).
ASKER
SEK 64.79
Asker Healthcare Group
7D
5.1%
1Y
n/a
EQL
SEK 54.10
EQL Pharma
7D
-3.4%
1Y
-25.7%

EQL: Leadership Restructuring And Incentive Plan Will Support Long Term Outlook

Analysts have kept their SEK price target for EQL Pharma unchanged at SEK 80. This reflects stable assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E.
DEDI
SEK 39.65
Dedicare
7D
-1.9%
1Y
-15.5%
NGS
SEK 2.25
NGS Group
7D
-5.9%
1Y
-29.2%

NGS Group (NGM:NGS) Takes On Some Risk With Its Use Of Debt

Jan 23
NGS Group (NGM:NGS) Takes On Some Risk With Its Use Of Debt
HEGR
SEK 0.68
Hedera Group
7D
-0.7%
1Y
-82.0%