Humana AB (publ) (STO:HUM) Released Earnings Last Week And Analysts Lifted Their Price Target To kr39.50
Jul 22
Swedish (OMX) Healthcare Services Industry Analysis
UpdatedJul 23, 2024
DataAggregated Company Financials
Companies8
- 7D1.9%
- 3M32.6%
- 1Y35.4%
- YTD33.3%
The Healthcare Services industry is up 1.9% in the last week, with Ambea up 6.2%. During this same period, the Humana underperformed, falling 6.2%. This means that the industry has gained 35% over the past year. Earnings are forecast to grow by 33% annually.
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, 23 Jul 2024 | SEK 48.8b | SEK 65.9b | SEK 1.2b | 15.4x | 39.1x | 0.7x |
| Thu, 20 Jun 2024 | SEK 45.8b | SEK 64.6b | SEK 1.3b | 13.7x | 35.3x | 0.7x |
| Sat, 18 May 2024 | SEK 45.2b | SEK 65.4b | SEK 1.3b | 14.5x | 34.5x | 0.7x |
| Mon, 15 Apr 2024 | SEK 37.0b | SEK 63.9b | SEK 1.2b | 12.8x | 30.1x | 0.6x |
| Wed, 13 Mar 2024 | SEK 36.3b | SEK 63.2b | SEK 1.2b | 12.3x | 29.7x | 0.6x |
| Fri, 09 Feb 2024 | SEK 40.9b | SEK 63.1b | SEK 1.1b | 11.2x | 36.3x | 0.6x |
| Sun, 07 Jan 2024 | SEK 36.6b | SEK 61.8b | SEK 940.0m | 13.8x | 39x | 0.6x |
| Tue, 05 Dec 2023 | SEK 34.5b | SEK 62.0b | SEK 957.0m | 11.7x | 36x | 0.6x |
| Thu, 02 Nov 2023 | SEK 31.6b | SEK 61.8b | SEK 1.0b | 11.1x | 31x | 0.5x |
| Sat, 30 Sep 2023 | SEK 32.2b | SEK 60.4b | SEK 903.4m | 9.4x | 35.7x | 0.5x |
| Mon, 28 Aug 2023 | SEK 34.1b | SEK 61.0b | SEK 905.6m | 9.8x | 37.7x | 0.6x |
| Wed, 26 Jul 2023 | SEK 36.5b | SEK 59.4b | SEK 897.7m | 8.7x | 40.7x | 0.6x |
| Fri, 23 Jun 2023 | SEK 35.6b | SEK 58.7b | SEK 768.7m | 10.9x | 46.3x | 0.6x |
| Sun, 21 May 2023 | SEK 38.0b | SEK 58.2b | SEK 768.2m | 11.6x | 49.5x | 0.7x |
| Tue, 18 Apr 2023 | SEK 39.7b | SEK 56.6b | SEK 799.7m | 14.2x | 49.7x | 0.7x |
| Thu, 16 Mar 2023 | SEK 35.8b | SEK 56.5b | SEK 798.2m | 13.6x | 44.9x | 0.6x |
| Sat, 11 Feb 2023 | SEK 37.9b | SEK 55.9b | SEK 1.1b | 12.5x | 33.9x | 0.7x |
| Mon, 09 Jan 2023 | SEK 35.2b | SEK 55.0b | SEK 1.0b | 13.4x | 34.1x | 0.6x |
| Wed, 07 Dec 2022 | SEK 33.3b | SEK 54.6b | SEK 1.0b | 12.8x | 32.5x | 0.6x |
| Fri, 04 Nov 2022 | SEK 32.1b | SEK 53.5b | SEK 1.3b | 12.4x | 25.1x | 0.6x |
| Sun, 02 Oct 2022 | SEK 29.0b | SEK 53.2b | SEK 1.2b | 12x | 23.3x | 0.5x |
| Tue, 30 Aug 2022 | SEK 31.0b | SEK 52.8b | SEK 1.2b | 12.6x | 25x | 0.6x |
| Thu, 28 Jul 2022 | SEK 35.3b | SEK 52.0b | SEK 1.2b | 17.8x | 29.2x | 0.7x |
| Sat, 25 Jun 2022 | SEK 33.4b | SEK 51.7b | SEK 1.6b | 18.5x | 21.4x | 0.6x |
| Mon, 23 May 2022 | SEK 40.6b | SEK 52.6b | SEK 1.6b | 20.1x | 25.1x | 0.8x |
| Wed, 20 Apr 2022 | SEK 43.7b | SEK 50.6b | SEK 1.8b | 19.6x | 24.8x | 0.9x |
| Fri, 18 Mar 2022 | SEK 50.2b | SEK 50.8b | SEK 1.8b | 19.7x | 28.6x | 1x |
| Sun, 13 Feb 2022 | SEK 57.9b | SEK 50.7b | SEK 1.8b | 22.4x | 32.5x | 1.1x |
| Tue, 11 Jan 2022 | SEK 67.9b | SEK 48.7b | SEK 1.8b | 23.3x | 37.1x | 1.4x |
| Thu, 09 Dec 2021 | SEK 60.9b | SEK 48.6b | SEK 1.8b | 24.3x | 33.4x | 1.3x |
| Sat, 06 Nov 2021 | SEK 64.1b | SEK 47.9b | SEK 1.7b | 24.4x | 37.5x | 1.3x |
| Mon, 04 Oct 2021 | SEK 56.4b | SEK 47.1b | SEK 1.7b | 23.1x | 33.6x | 1.2x |
| Wed, 01 Sep 2021 | SEK 60.0b | SEK 47.1b | SEK 1.7b | 26.4x | 35.2x | 1.3x |
Price to Earnings Ratio
33.8x
Current Industry PE
- Investors are optimistic on the Swedish Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 39.1x which is higher than its 3-year average PE 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 9.8% 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 | 0.17% | |
| Healthcare | 3.12% | |
| Healthcare Services | 1.91% | |
| Healthcare Facilities | 4.15% | |
| Healthcare Distributors | 2.12% | |
| Healthcare Services | 0.80% | |
| Managed Healthcare | 0% | |
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 22% 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 | |
|---|---|---|---|---|---|
| AMBEA Ambea | SEK 80.90 | 6.2% +SEK 406.8m | 126.0% | PE14.1x | |
| ATT Attendo | SEK 45.75 | 4.9% +SEK 331.6m | 33.0% | PE18.2x | |
| MCOV B Medicover | SEK 203.00 | 0.7% +SEK 225.2m | 26.1% | PE117.1x | |
| EQL EQL Pharma | SEK 57.80 | 2.1% +SEK 34.9m | 117.3% | PE74x | |
| DEDI Dedicare | SEK 67.50 | 4.3% +SEK 26.8m | -25.2% | PE7.3x |