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Apr 14
Swedish (OMX) Healthcare Services Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies8
- 7D-2.7%
- 3M-3.4%
- 1Y-5.1%
- YTD-0.06%
Over the last 7 days, the Healthcare Services industry has dropped 1.7%, driven by a pullback from Medicover of 3.5%. The industry has fallen 4.5% in the last year. As for the next few years, earnings are expected to grow by 33% per annum.
Industry Valuation and Performance
Has the Swedish Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | kr36.6b | kr64.0b | kr1.2b | 12.7x | 29.8x | 0.6x |
| Sat, 16 Mar 2024 | kr35.2b | kr63.4b | kr1.2b | 12.1x | 28.8x | 0.6x |
| Mon, 12 Feb 2024 | kr37.7b | kr63.8b | kr1.2b | 11x | 30.6x | 0.6x |
| Wed, 10 Jan 2024 | kr37.1b | kr61.8b | kr939.8m | 14x | 39.5x | 0.6x |
| Fri, 08 Dec 2023 | kr34.1b | kr61.8b | kr956.3m | 12.1x | 35.7x | 0.6x |
| Sun, 05 Nov 2023 | kr33.2b | kr62.5b | kr1.1b | 11.6x | 31.2x | 0.5x |
| Tue, 03 Oct 2023 | kr32.2b | kr60.5b | kr903.7m | 10.5x | 35.7x | 0.5x |
| Thu, 31 Aug 2023 | kr34.5b | kr60.9b | kr905.0m | 9.9x | 38.1x | 0.6x |
| Sat, 29 Jul 2023 | kr35.5b | kr60.3b | kr944.3m | 8.5x | 37.6x | 0.6x |
| Mon, 26 Jun 2023 | kr35.6b | kr58.7b | kr768.7m | 10.9x | 46.3x | 0.6x |
| Wed, 24 May 2023 | kr37.5b | kr58.3b | kr768.3m | 11.6x | 48.8x | 0.6x |
| Fri, 21 Apr 2023 | kr39.3b | kr56.7b | kr803.5m | 13.8x | 48.9x | 0.7x |
| Sun, 19 Mar 2023 | kr35.7b | kr56.5b | kr798.2m | 13.8x | 44.7x | 0.6x |
| Tue, 14 Feb 2023 | kr38.3b | kr56.0b | kr1.1b | 12.9x | 35.5x | 0.7x |
| Thu, 12 Jan 2023 | kr34.4b | kr55.1b | kr1.0b | 12.6x | 33.2x | 0.6x |
| Sat, 10 Dec 2022 | kr35.0b | kr54.5b | kr1.0b | 12.7x | 34.3x | 0.6x |
| Mon, 07 Nov 2022 | kr31.8b | kr54.0b | kr1.0b | 14.1x | 30.6x | 0.6x |
| Wed, 05 Oct 2022 | kr30.2b | kr53.1b | kr1.2b | 13x | 24.3x | 0.6x |
| Fri, 02 Sep 2022 | kr31.1b | kr52.9b | kr1.2b | 12.5x | 25x | 0.6x |
| Sun, 31 Jul 2022 | kr35.9b | kr51.9b | kr1.2b | 18.4x | 29.8x | 0.7x |
| Tue, 28 Jun 2022 | kr33.1b | kr51.7b | kr1.6b | 18.5x | 21.2x | 0.6x |
| Thu, 26 May 2022 | kr40.2b | kr53.0b | kr1.6b | 19.3x | 25x | 0.8x |
| Sat, 23 Apr 2022 | kr43.2b | kr50.7b | kr1.8b | 20.2x | 24.7x | 0.9x |
| Mon, 21 Mar 2022 | kr50.1b | kr50.8b | kr1.8b | 19.9x | 28.6x | 1x |
| Wed, 16 Feb 2022 | kr55.7b | kr50.6b | kr1.8b | 21.9x | 31.3x | 1.1x |
| Fri, 14 Jan 2022 | kr67.3b | kr48.6b | kr1.8b | 23.8x | 36.9x | 1.4x |
| Sun, 12 Dec 2021 | kr63.0b | kr48.6b | kr1.8b | 23x | 34.5x | 1.3x |
| Tue, 09 Nov 2021 | kr63.5b | kr48.1b | kr1.8b | 24.3x | 36.3x | 1.3x |
| Thu, 07 Oct 2021 | kr55.7b | kr47.1b | kr1.7b | 23x | 33.1x | 1.2x |
| Sat, 04 Sep 2021 | kr61.6b | kr47.1b | kr1.7b | 26.6x | 36.2x | 1.3x |
| Mon, 02 Aug 2021 | kr59.8b | kr47.1b | kr1.7b | 26.8x | 35.1x | 1.3x |
| Thu, 06 May 2021 | kr59.0b | kr45.3b | kr364.1m | 21.9x | 162x | 1.3x |
Price to Earnings Ratio
162x
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 30.2x which is lower than its 3-year average PE of 41.3x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 12% 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 | -1.66% | |
| Healthcare | -1.29% | |
| Healthcare Services | -2.69% | |
| Healthcare Facilities | 1.44% | |
| Managed Healthcare | 0% | |
| Healthcare Distributors | -2.05% | |
| Healthcare Services | -5.39% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 98.7x.
- Analysts are expecting annual earnings growth of 39.6%, which is higher than its past year's earnings growth of 9.0% per year.
- Investors are most pessimistic about the Healthcare Facilities industry, which is trading close to its 3-year average of 13.9x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 81% over the next 5 years.
- This is better than its past earnings decline of 34% per year.
- In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| ATT Attendo | kr46.40 | 3.9% +kr268.3m | 36.5% | PE19.7x | |
| NGS NGS Group | kr3.50 | 3.2% +kr992.5k | -70.6% | PS0.06x |
