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Swedish (OMX) Healthcare Services Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies8
  • 7D3.7%
  • 3M6.6%
  • 1Y28.0%
  • YTD0.3%

The Healthcare Services industry is up 2.7% in the last week, with Medicover up 6.0%. Meanwhile, EQL Pharma actually underperformed within the industry, shrinking 6.3% in the last week. In the last 12 months, the industry was up 36%. Earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025SEK 50.4bSEK 68.5bSEK 1.4b17.2x36.7x0.7x
Thu, 19 Dec 2024SEK 50.4bSEK 68.5bSEK 1.4b17.6x36.7x0.7x
Sat, 16 Nov 2024SEK 47.1bSEK 68.7bSEK 1.3b17.2x37.4x0.7x
Mon, 14 Oct 2024SEK 46.8bSEK 66.5bSEK 1.2b18.6x37.7x0.7x
Wed, 11 Sep 2024SEK 48.3bSEK 66.7bSEK 1.2b19x38.9x0.7x
Fri, 09 Aug 2024SEK 45.3bSEK 66.6bSEK 1.2b13.9x37.8x0.7x
Sun, 07 Jul 2024SEK 47.9bSEK 64.8bSEK 1.3b14.5x36.8x0.7x
Tue, 04 Jun 2024SEK 46.6bSEK 64.8bSEK 1.3b14.2x35.8x0.7x
Thu, 02 May 2024SEK 41.9bSEK 65.3bSEK 1.3b12.5x32.9x0.6x
Sat, 30 Mar 2024SEK 36.4bSEK 63.9bSEK 1.2b12.5x29.7x0.6x
Mon, 26 Feb 2024SEK 36.2bSEK 63.3bSEK 1.2b11.6x29.6x0.6x
Wed, 24 Jan 2024SEK 39.8bSEK 62.1bSEK 941.2m13.3x42.2x0.6x
Fri, 22 Dec 2023SEK 36.1bSEK 61.6bSEK 939.0m13.4x38.4x0.6x
Sun, 19 Nov 2023SEK 34.8bSEK 62.2bSEK 949.8m11.9x36.6x0.6x
Tue, 17 Oct 2023SEK 30.3bSEK 60.4bSEK 903.4m10.6x33.5x0.5x
Thu, 14 Sep 2023SEK 33.0bSEK 61.1bSEK 905.8m9.6x36.4x0.5x
Sat, 12 Aug 2023SEK 34.9bSEK 60.7bSEK 945.8m8.6x36.8x0.6x
Mon, 10 Jul 2023SEK 36.0bSEK 59.0bSEK 770.7m10.7x46.7x0.6x
Wed, 07 Jun 2023SEK 37.7bSEK 58.7bSEK 768.7m9.2x49.1x0.6x
Fri, 05 May 2023SEK 39.8bSEK 57.7bSEK 740.2m11.5x53.7x0.7x
Sun, 02 Apr 2023SEK 36.5bSEK 56.6bSEK 798.9m13.6x45.6x0.6x
Tue, 28 Feb 2023SEK 38.7bSEK 56.2bSEK 796.1m12.9x48.7x0.7x
Thu, 26 Jan 2023SEK 38.8bSEK 54.9bSEK 1.0b12.8x37.6x0.7x
Sat, 24 Dec 2022SEK 32.4bSEK 55.0bSEK 1.0b13x31.4x0.6x
Mon, 21 Nov 2022SEK 35.5bSEK 54.7bSEK 1.0b13.1x34.6x0.6x
Wed, 19 Oct 2022SEK 32.1bSEK 53.3bSEK 1.2b13x25.8x0.6x
Fri, 16 Sep 2022SEK 32.1bSEK 52.9bSEK 1.2b13.1x26x0.6x
Sun, 14 Aug 2022SEK 36.1bSEK 52.0bSEK 1.2b18.3x29.8x0.7x
Tue, 12 Jul 2022SEK 32.5bSEK 51.7bSEK 1.6b18x20.8x0.6x
Thu, 09 Jun 2022SEK 38.4bSEK 52.9bSEK 1.6b19.4x24x0.7x
Sat, 07 May 2022SEK 38.8bSEK 52.5bSEK 1.6b25.4x23.8x0.7x
Mon, 04 Apr 2022SEK 46.7bSEK 50.7bSEK 1.7b19.2x26.8x0.9x
Wed, 02 Mar 2022SEK 47.5bSEK 51.1bSEK 1.8b22.3x26.7x0.9x
Fri, 28 Jan 2022SEK 55.8bSEK 48.9bSEK 1.8b23x30.3x1.1x
Price to Earnings Ratio

30.3x


Total Market Cap: SEK 55.8bTotal Earnings: SEK 1.8bTotal Revenue: SEK 48.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthcare Services Industry Price to Earnings3Y Average 34.7x202320242025
Current Industry PE
  • Investors are relatively neutral on the Swedish Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 34.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 9.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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 industry?

SE Market4.42%
Healthcare1.47%
Healthcare Services3.70%
Healthcare Services4.95%
Healthcare Facilities2.07%
Healthcare Distributors0%0
Managed Healthcare0%0
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 126x.
    • Analysts are expecting annual earnings growth of 35.6%, which is lower than the prior year's growth of 55.7% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading close to its 3-year average of 16.6x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 20% 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
MCOV B MedicoverSEK 198.805.1%
+SEK 1.4b
19.0%PE132x
ATT AttendoSEK 52.302.8%
+SEK 214.1m
28.0%PE20x
AMBEA AmbeaSEK 92.702.8%
+SEK 209.6m
75.7%PE12.9x
HEGR Hedera GroupSEK 4.5029.3%
+SEK 15.2m
-42.5%PS0.1x
NGS NGS GroupSEK 3.041.0%
+SEK 744.4k
-54.8%PS0.2x
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