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Swedish (OMX) Healthcare Services Industry Analysis

UpdatedMay 29, 2026
DataAggregated Company Financials
Companies8
  • 7D-1.0%
  • 3M8.9%
  • 1Y-1.2%
  • YTD4.7%

Over the last 7 days, the Healthcare Services industry has dropped 1.0%, driven by Medicover declining 0.5%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 30 May 2026SEK 94.9bSEK 91.4bSEK 3.3b19.5x28.7x1x
Mon, 27 Apr 2026SEK 88.6bSEK 89.9bSEK 3.1b18.5x29x1x
Wed, 25 Mar 2026SEK 80.6bSEK 90.3bSEK 3.0b17.7x26.5x0.9x
Fri, 20 Feb 2026SEK 86.0bSEK 90.0bSEK 3.1b18.1x28.2x1x
Sun, 18 Jan 2026SEK 90.3bSEK 88.9bSEK 2.9b18.5x31.2x1x
Tue, 16 Dec 2025SEK 60.7bSEK 72.9bSEK 2.4b17.4x25.5x0.8x
Thu, 13 Nov 2025SEK 64.0bSEK 73.0bSEK 2.4b17x26.9x0.9x
Sat, 11 Oct 2025SEK 64.4bSEK 72.4bSEK 2.0b17.4x32.9x0.9x
Mon, 08 Sep 2025SEK 66.0bSEK 72.2bSEK 2.0b17.3x33.8x0.9x
Wed, 06 Aug 2025SEK 66.4bSEK 72.1bSEK 1.9b17.1x34.9x0.9x
Fri, 04 Jul 2025SEK 63.0bSEK 71.6bSEK 1.7b16.1x36.9x0.9x
Sun, 01 Jun 2025SEK 59.0bSEK 70.7bSEK 1.7b16x34.8x0.8x
Tue, 29 Apr 2025SEK 55.9bSEK 69.5bSEK 1.5b18.2x38.3x0.8x
Thu, 27 Mar 2025SEK 53.1bSEK 69.1bSEK 1.4b17.6x37.9x0.8x
Sat, 22 Feb 2025SEK 54.3bSEK 69.7bSEK 1.4b18.9x38.7x0.8x
Mon, 20 Jan 2025SEK 50.8bSEK 68.6bSEK 1.4b17.6x37x0.7x
Wed, 18 Dec 2024SEK 49.3bSEK 68.5bSEK 1.4b17.2x35.9x0.7x
Fri, 15 Nov 2024SEK 47.1bSEK 68.7bSEK 1.3b17.3x37.4x0.7x
Sun, 13 Oct 2024SEK 46.8bSEK 66.5bSEK 1.2b18.6x37.7x0.7x
Tue, 10 Sep 2024SEK 48.1bSEK 66.7bSEK 1.2b18.9x38.7x0.7x
Thu, 08 Aug 2024SEK 45.4bSEK 66.5bSEK 1.2b14.1x38x0.7x
Sat, 06 Jul 2024SEK 47.9bSEK 64.8bSEK 1.3b14.5x36.8x0.7x
Mon, 03 Jun 2024SEK 46.4bSEK 64.9bSEK 1.3b14.2x35.6x0.7x
Wed, 01 May 2024SEK 41.9bSEK 65.3bSEK 1.3b12.5x32.9x0.6x
Fri, 29 Mar 2024SEK 36.4bSEK 63.9bSEK 1.2b12.5x29.7x0.6x
Sun, 25 Feb 2024SEK 36.2bSEK 63.3bSEK 1.2b11.6x29.6x0.6x
Tue, 23 Jan 2024SEK 39.7bSEK 62.1bSEK 941.3m13.7x42.2x0.6x
Thu, 21 Dec 2023SEK 36.2bSEK 61.6bSEK 939.1m13.2x38.5x0.6x
Sat, 18 Nov 2023SEK 34.8bSEK 62.2bSEK 950.8m11.9x36.6x0.6x
Mon, 16 Oct 2023SEK 30.0bSEK 60.5bSEK 903.7m10.5x33.2x0.5x
Wed, 13 Sep 2023SEK 33.7bSEK 61.0bSEK 905.6m9.7x37.2x0.6x
Fri, 11 Aug 2023SEK 35.1bSEK 60.5bSEK 945.0m8.9x37.1x0.6x
Sun, 09 Jul 2023SEK 36.0bSEK 59.0bSEK 770.7m10.7x46.7x0.6x
Tue, 06 Jun 2023SEK 37.6bSEK 58.6bSEK 768.6m9.2x48.9x0.6x
Price to Earnings Ratio

48.9x


Total Market Cap: SEK 37.6bTotal Earnings: SEK 768.6mTotal Revenue: SEK 58.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthcare Services Industry Price to Earnings3Y Average 34.9x202420252026
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 28.7x which is lower than its 3-year average PE of 35.0x.
  • The 3-year average PS ratio of 0.75x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 63% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market0.28%
Healthcare-1.47%
Healthcare Services-1.05%
Healthcare Facilities2.93%
Healthcare Services-2.78%
Healthcare Distributors-3.10%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry, which is trading close to its 3-year average PE ratio of 53.0x.
    • Analysts are expecting annual earnings growth of 19.1%, which is higher than its past year's earnings decline of 3.7% 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 of 15.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 69% 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
ATT AttendoSEK 118.004.4%
+SEK 717.6m		91.6%PE19.3x
AMBEA AmbeaSEK 150.301.1%
+SEK 136.2m		40.5%PE16.9x
HUM HumanaSEK 54.504.6%
+SEK 114.1m		52.2%PE12.9x
ASKER Asker Healthcare GroupSEK 83.000.2%
+SEK 57.5m		-19.7%PE50.9x

Latest News

HUM
SEK 54.50
Humana
7D
4.6%
1Y
52.2%
AMBEA
SEK 150.30
Ambea
7D
1.1%
1Y
40.5%
ATT
SEK 118.00
Attendo
7D
4.4%
1Y
91.6%
MCOV B
SEK 209.00
Medicover
7D
-0.5%
1Y
-12.6%
Narrative Update • May 16

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

Analysts have nudged their Medicover price target slightly lower to SEK256.96 from SEK257.29, reflecting small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: SEK257.29 to SEK256.96, representing a very small downward adjustment in the modelled estimate.
EQL
SEK 24.75
EQL Pharma
7D
-5.2%
1Y
-70.8%
Analysis Article • May 14

This Analyst Just Downgraded Their EQL Pharma AB (publ) (STO:EQL) EPS Forecasts

The analyst covering EQL Pharma AB (publ) ( STO:EQL ) delivered a dose of negativity to shareholders today, by making a...
HEGR
SEK 0.51
Hedera Group
7D
-4.7%
1Y
-70.9%
ASKER
SEK 83.00
Asker Healthcare Group
7D
0.2%
1Y
-19.7%