Swedish (OMX) Healthcare Services Industry Analysis

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
Mon, 27 Nov 2023	kr23.5b	kr22.5b	kr75.9m	10.2x	309.5x	1x
Wed, 25 Oct 2023	kr19.5b	kr22.1b	kr155.7m	8.2x	125.3x	0.9x
Fri, 22 Sep 2023	kr24.2b	kr22.3b	kr156.2m	8.3x	155.2x	1.1x
Sun, 20 Aug 2023	kr23.9b	kr22.3b	kr156.3m	8x	153x	1.1x
Tue, 18 Jul 2023	kr24.6b	kr20.9b	kr117.5m	8.8x	209.2x	1.2x
Thu, 15 Jun 2023	kr26.4b	kr20.9b	kr119.6m	10.6x	220.5x	1.3x
Sat, 13 May 2023	kr27.6b	kr20.4b	kr114.9m	11.6x	240.5x	1.4x
Mon, 10 Apr 2023	kr27.4b	kr20.0b	kr236.5m	20.5x	115.8x	1.4x
Wed, 08 Mar 2023	kr28.5b	kr19.9b	kr235.3m	19.7x	121.3x	1.4x
Fri, 03 Feb 2023	kr29.7b	kr19.4b	kr517.6m	13.8x	57.5x	1.5x
Sun, 01 Jan 2023	kr22.2b	kr19.2b	kr512.7m	12.7x	43.3x	1.2x
Tue, 29 Nov 2022	kr25.0b	kr18.8b	kr502.4m	12.2x	49.8x	1.3x
Thu, 27 Oct 2022	kr22.1b	kr18.7b	kr720.3m	13.7x	30.7x	1.2x
Sat, 24 Sep 2022	kr18.6b	kr18.6b	kr711.9m	11.8x	26.1x	1x
Mon, 22 Aug 2022	kr23.8b	kr18.0b	kr699.9m	15.1x	34x	1.3x
Wed, 20 Jul 2022	kr21.7b	kr17.8b	kr998.2m	14.8x	21.7x	1.2x
Fri, 17 Jun 2022	kr24.7b	kr19.3b	kr1.1b	19x	23.4x	1.3x
Sun, 15 May 2022	kr28.5b	kr18.9b	kr1.0b	27.1x	27.3x	1.5x
Tue, 12 Apr 2022	kr31.7b	kr17.9b	kr1.2b	17x	27.4x	1.8x
Thu, 10 Mar 2022	kr34.5b	kr18.4b	kr1.2b	23.6x	28.8x	1.9x
Sat, 05 Feb 2022	kr44.0b	kr16.9b	kr1.1b	23.9x	39.5x	2.6x
Mon, 03 Jan 2022	kr57.7b	kr16.7b	kr1.1b	25.4x	52.6x	3.5x
Wed, 01 Dec 2021	kr45.1b	kr16.6b	kr1.1b	24.3x	41.3x	2.7x
Fri, 29 Oct 2021	kr42.3b	kr15.5b	kr1.0b	24.8x	41.7x	2.7x
Sun, 26 Sep 2021	kr43.2b	kr15.6b	kr1.1b	24.5x	40.8x	2.8x
Tue, 24 Aug 2021	kr40.9b	kr15.6b	kr1.1b	27.1x	38.7x	2.6x
Wed, 30 Jun 2021	kr37.6b	kr15.6b	kr1.1b	27x	35.6x	2.4x
Sat, 03 Apr 2021	kr30.2b	kr14.0b	kr657.7m	23x	45.9x	2.2x
Tue, 05 Jan 2021	kr26.7b	kr12.9b	kr369.4m	21.5x	72.3x	2.1x

Current Industry PE

Investors are optimistic on the Swedish Healthcare Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 302x which is higher than its 3-year average PE of 76.4x.

The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.0x.

Past Earnings Growth

The earnings for companies in the Healthcare Services industry have declined 31% per year over the last three years.
Meanwhile revenues for these companies have grown 21% 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 Comparison

How does Swedish Healthcare Services compare with similar industries?


SE Market	0.85%
Healthcare	1.67%
Healthcare Services	0.69%
Healthcare Services	2.55%
Healthcare Distributors	12.79%
Managed Healthcare	0%
Healthcare Facilities	-3.95%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Company	Last Price	7D	1Y	Valuation
MCOV B Medicover	kr146.40	1.0% +kr209.5m	-8.2%	PE231.1x
NGS NGS Group	kr6.84	31.0% +kr14.6m	-40.3%	PS0.1x
DEDI Dedicare	kr108.00	0.6% +kr5.7m	-1.8%	PE10.1x

Company

Last Price

Valuation

MCOV B Medicover

kr146.40

1.0%
+kr209.5m

-8.2%

PE231.1x

NGS NGS Group

kr6.84

31.0%
+kr14.6m

-40.3%