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Swedish (OMX) Healthcare Services Industry Analysis

UpdatedJul 21, 2024
DataAggregated Company Financials
Companies8
  • 7D0.3%
  • 3M32.7%
  • 1Y33.8%
  • YTD31.5%

Last week, the Healthcare Services industry hasn't moved much but Attendo is up 5.3% in that time. The past year has been better, since the industry has gained 34% in that time. Looking forward, earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jul 2024SEK 48.2bSEK 65.3bSEK 1.3b15.8x38.1x0.7x
Tue, 18 Jun 2024SEK 46.6bSEK 64.6bSEK 1.3b14.6x35.8x0.7x
Thu, 16 May 2024SEK 45.8bSEK 65.3bSEK 1.3b14.1x35x0.7x
Sat, 13 Apr 2024SEK 37.0bSEK 63.9bSEK 1.2b12.8x30.1x0.6x
Mon, 11 Mar 2024SEK 35.5bSEK 63.3bSEK 1.2b12x29.1x0.6x
Wed, 07 Feb 2024SEK 40.4bSEK 61.9bSEK 967.4m13.1x41.8x0.7x
Fri, 05 Jan 2024SEK 36.8bSEK 61.7bSEK 939.6m13.5x39.2x0.6x
Sun, 03 Dec 2023SEK 34.7bSEK 61.9bSEK 956.8m11.6x36.3x0.6x
Tue, 31 Oct 2023SEK 30.7bSEK 61.8bSEK 1.0b11x30.2x0.5x
Thu, 28 Sep 2023SEK 30.8bSEK 60.5bSEK 903.8m9.4x34.1x0.5x
Sat, 26 Aug 2023SEK 34.1bSEK 61.0bSEK 905.7m9.8x37.7x0.6x
Mon, 24 Jul 2023SEK 35.9bSEK 59.6bSEK 897.8m8.4x40x0.6x
Wed, 21 Jun 2023SEK 36.1bSEK 58.8bSEK 768.9m10.7x46.9x0.6x
Fri, 19 May 2023SEK 38.2bSEK 58.1bSEK 764.0m11.5x50x0.7x
Sun, 16 Apr 2023SEK 39.8bSEK 56.7bSEK 800.1m14.3x49.7x0.7x
Tue, 14 Mar 2023SEK 36.0bSEK 56.8bSEK 800.3m13.4x45x0.6x
Thu, 09 Feb 2023SEK 40.2bSEK 55.2bSEK 1.0b12.5x38.7x0.7x
Sat, 07 Jan 2023SEK 35.2bSEK 55.0bSEK 1.0b13.4x34.1x0.6x
Mon, 05 Dec 2022SEK 33.8bSEK 54.5bSEK 1.0b13.1x33.1x0.6x
Wed, 02 Nov 2022SEK 31.8bSEK 53.5bSEK 1.3b12.5x24.8x0.6x
Fri, 30 Sep 2022SEK 27.8bSEK 53.3bSEK 1.2b11.8x22.3x0.5x
Sun, 28 Aug 2022SEK 31.4bSEK 52.7bSEK 1.2b13.3x25.4x0.6x
Tue, 26 Jul 2022SEK 34.7bSEK 51.9bSEK 1.2b18.5x28.8x0.7x
Thu, 23 Jun 2022SEK 33.4bSEK 51.7bSEK 1.6b18.4x21.4x0.6x
Sat, 21 May 2022SEK 40.6bSEK 52.9bSEK 1.6b20.1x25.1x0.8x
Mon, 18 Apr 2022SEK 44.5bSEK 50.7bSEK 1.7b19.9x25.5x0.9x
Wed, 16 Mar 2022SEK 47.8bSEK 51.0bSEK 1.8b20.9x27x0.9x
Fri, 11 Feb 2022SEK 58.1bSEK 49.5bSEK 1.7b22.9x34x1.2x
Sun, 09 Jan 2022SEK 68.0bSEK 48.7bSEK 1.8b24.1x37.2x1.4x
Tue, 07 Dec 2021SEK 59.1bSEK 48.6bSEK 1.8b23.8x32.4x1.2x
Thu, 04 Nov 2021SEK 60.9bSEK 47.2bSEK 1.7b24.5x36.1x1.3x
Sat, 02 Oct 2021SEK 56.4bSEK 47.1bSEK 1.7b23.1x33.6x1.2x
Mon, 30 Aug 2021SEK 58.2bSEK 47.1bSEK 1.7b27x34.1x1.2x
Price to Earnings Ratio

33.4x


Total Market Cap: SEK 57.0bTotal Earnings: SEK 1.7bTotal Revenue: SEK 47.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthcare Services Industry Price to Earnings3Y Average 34.3x202220232024
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 34.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.77x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 8.6% 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 Market-1.84%
Healthcare0.80%
Healthcare Services0.31%
Healthcare Facilities3.81%
Healthcare Distributors1.07%
Managed Healthcare0%
Healthcare Services-1.43%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 105x.
    • Analysts are expecting annual earnings growth of 37.2%, which is higher than its past year's earnings decline of 12.7% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 17.8x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 58% 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?

CompanyLast Price7D1YValuation
ATT AttendoSEK 46.005.3%
+SEK 355.1m
35.9%PE17.6x
AMBEA AmbeaSEK 79.053.9%
+SEK 259.7m
126.6%PE13.8x
DEDI DedicareSEK 69.309.3%
+SEK 56.4m
-22.5%PE7.5x
EQL EQL PharmaSEK 56.801.1%
+SEK 17.4m
116.8%PE72.7x
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Latest News

HUM

SEK 33.50

Humana

7D

-2.3%

1Y

21.6%

ATT

SEK 46.00

Attendo

7D

5.3%

1Y

35.9%

EQL

SEK 56.80

EQL Pharma

7D

1.1%

1Y

116.8%

AMBEA

SEK 79.05

Ambea

7D

3.9%

1Y

126.6%

DEDI

SEK 69.30

Dedicare

7D

9.3%

1Y

-22.5%

MCOV B

SEK 199.20

Medicover

7D

-1.6%

1Y

23.1%

NGS

SEK 3.03

NGS Group

7D

-2.9%

1Y

-62.1%

HEGR

SEK 5.10

Hedera Group

7D

-7.3%

1Y

-42.3%

L2S

SEK 0.025

Learning 2 Sleep L2S

7D

-0.8%

1Y

-94.0%