Swedish (OMX) Healthcare Services Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies8
- 7D2.2%
- 3M30.9%
- 1Y22.9%
- YTD26.8%
In the last week, the Healthcare Services industry is up 2.9%, with Medicover up 3.9%. In the last 12 months, the industry was up 25%. 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 |
|---|---|---|---|---|---|---|
| Tue, 04 Jun 2024 | kr46.4b | kr64.9b | kr1.3b | 14.2x | 35.6x | 0.7x |
| Thu, 02 May 2024 | kr41.9b | kr65.3b | kr1.3b | 12.5x | 32.9x | 0.6x |
| Sat, 30 Mar 2024 | kr36.4b | kr63.9b | kr1.2b | 12.5x | 29.7x | 0.6x |
| Mon, 26 Feb 2024 | kr36.2b | kr63.3b | kr1.2b | 11.6x | 29.6x | 0.6x |
| Wed, 24 Jan 2024 | kr39.8b | kr62.1b | kr941.2m | 13.3x | 42.2x | 0.6x |
| Fri, 22 Dec 2023 | kr36.1b | kr61.6b | kr939.0m | 13.4x | 38.4x | 0.6x |
| Sun, 19 Nov 2023 | kr34.8b | kr62.2b | kr949.8m | 11.9x | 36.6x | 0.6x |
| Tue, 17 Oct 2023 | kr30.3b | kr60.4b | kr903.4m | 10.6x | 33.5x | 0.5x |
| Thu, 14 Sep 2023 | kr33.0b | kr61.1b | kr905.8m | 9.6x | 36.4x | 0.5x |
| Sat, 12 Aug 2023 | kr34.9b | kr60.7b | kr945.8m | 8.6x | 36.8x | 0.6x |
| Mon, 10 Jul 2023 | kr36.0b | kr59.0b | kr770.7m | 10.7x | 46.7x | 0.6x |
| Wed, 07 Jun 2023 | kr37.7b | kr58.7b | kr768.7m | 9.2x | 49.1x | 0.6x |
| Fri, 05 May 2023 | kr39.8b | kr57.7b | kr740.2m | 11.5x | 53.7x | 0.7x |
| Sun, 02 Apr 2023 | kr36.5b | kr56.6b | kr798.9m | 13.6x | 45.6x | 0.6x |
| Tue, 28 Feb 2023 | kr38.7b | kr56.2b | kr796.1m | 12.9x | 48.7x | 0.7x |
| Thu, 26 Jan 2023 | kr38.8b | kr54.9b | kr1.0b | 12.8x | 37.6x | 0.7x |
| Sat, 24 Dec 2022 | kr32.4b | kr55.0b | kr1.0b | 13x | 31.4x | 0.6x |
| Mon, 21 Nov 2022 | kr35.5b | kr54.7b | kr1.0b | 13.1x | 34.6x | 0.6x |
| Wed, 19 Oct 2022 | kr32.1b | kr53.3b | kr1.2b | 13x | 25.8x | 0.6x |
| Fri, 16 Sep 2022 | kr32.1b | kr52.9b | kr1.2b | 13.1x | 26x | 0.6x |
| Sun, 14 Aug 2022 | kr36.1b | kr52.0b | kr1.2b | 18.3x | 29.8x | 0.7x |
| Tue, 12 Jul 2022 | kr32.5b | kr51.7b | kr1.6b | 18x | 20.8x | 0.6x |
| Thu, 09 Jun 2022 | kr38.4b | kr52.9b | kr1.6b | 19.4x | 24x | 0.7x |
| Sat, 07 May 2022 | kr38.8b | kr52.5b | kr1.6b | 25.4x | 23.8x | 0.7x |
| Mon, 04 Apr 2022 | kr46.7b | kr50.7b | kr1.7b | 19.2x | 26.8x | 0.9x |
| Wed, 02 Mar 2022 | kr47.5b | kr51.1b | kr1.8b | 22.3x | 26.7x | 0.9x |
| Fri, 28 Jan 2022 | kr55.8b | kr48.9b | kr1.8b | 23x | 30.3x | 1.1x |
| Sun, 26 Dec 2021 | kr68.7b | kr48.7b | kr1.8b | 24.2x | 37.5x | 1.4x |
| Tue, 23 Nov 2021 | kr61.4b | kr48.4b | kr1.8b | 24x | 33.9x | 1.3x |
| Thu, 21 Oct 2021 | kr59.7b | kr46.9b | kr1.7b | 24.4x | 35.9x | 1.3x |
| Sat, 18 Sep 2021 | kr61.1b | kr47.1b | kr1.7b | 25.1x | 35.8x | 1.3x |
| Mon, 16 Aug 2021 | kr56.2b | kr47.1b | kr1.7b | 26.7x | 32.9x | 1.2x |
Price to Earnings Ratio
32x
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 34.2x.
- The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 53% per year over the last three years.
- Revenues for these companies have grown 13% 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 | -0.91% | |
| Healthcare | 2.70% | |
| Healthcare Services | 2.23% | |
| Healthcare Distributors | 5.62% | |
| Healthcare Services | 3.34% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -0.32% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 102x.
- Analysts are expecting annual earnings growth of 37.6%, which is higher than its past year's earnings decline of 8.4% per year.
- Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 18.1x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 60% over the next 5 years.
- This is better than its past earnings decline of 27% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MCOV B Medicover | kr198.40 | 4.2% +kr1.2b | 13.2% | PE117.3x | |
| EQL EQL Pharma | kr52.60 | 5.6% +kr81.4m | 62.3% | PE67.3x | |
| HUM Humana | kr32.95 | 4.4% +kr67.0m | 98.5% | PE10.8x | |
| AMBEA Ambea | kr72.35 | 1.0% +kr60.6m | 99.1% | PE12.6x | |
| DEDI Dedicare | kr59.60 | 1.5% +kr8.6m | -41.3% | PE5.9x |