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Swedish (OMX) Healthcare Services Industry Analysis

UpdatedAug 18, 2024
DataAggregated Company Financials
Companies8
  • 7D0.8%
  • 3M1.1%
  • 1Y33.3%
  • YTD25.1%

The Healthcare Services is pretty flat in the last 7 days, but Ambea has stood out, gaining 6.6%. The past year has been better, since the industry has gained 33% in that time. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 Aug 2024SEK 45.7bSEK 66.8bSEK 1.2b17.1x36.8x0.7x
Tue, 16 Jul 2024SEK 47.9bSEK 65.1bSEK 1.3b13.7x36.9x0.7x
Thu, 13 Jun 2024SEK 46.3bSEK 64.6bSEK 1.3b14.6x35.6x0.7x
Sat, 11 May 2024SEK 45.4bSEK 65.4bSEK 1.3b13.9x34.7x0.7x
Mon, 08 Apr 2024SEK 37.2bSEK 63.8bSEK 1.2b12.7x30.3x0.6x
Wed, 06 Mar 2024SEK 35.6bSEK 63.4bSEK 1.2b11.8x29.1x0.6x
Fri, 02 Feb 2024SEK 40.2bSEK 61.9bSEK 940.6m13.6x42.8x0.6x
Sun, 31 Dec 2023SEK 36.6bSEK 61.7bSEK 939.2m13.7x38.9x0.6x
Tue, 28 Nov 2023SEK 34.9bSEK 62.2bSEK 949.3m11.4x36.8x0.6x
Thu, 26 Oct 2023SEK 30.1bSEK 61.7bSEK 1.0b10.7x28.9x0.5x
Sat, 23 Sep 2023SEK 33.7bSEK 60.9bSEK 905.2m9.5x37.2x0.6x
Mon, 21 Aug 2023SEK 34.3bSEK 61.0bSEK 905.7m10.2x37.9x0.6x
Wed, 19 Jul 2023SEK 35.7bSEK 58.4bSEK 766.3m8.9x46.6x0.6x
Fri, 16 Jun 2023SEK 37.2bSEK 58.5bSEK 768.5m10.8x48.4x0.6x
Sun, 14 May 2023SEK 38.2bSEK 58.0bSEK 763.8m11.6x50x0.7x
Tue, 11 Apr 2023SEK 37.8bSEK 56.8bSEK 800.8m14.4x47.2x0.7x
Thu, 09 Mar 2023SEK 37.5bSEK 56.6bSEK 799.4m13.4x46.9x0.7x
Sat, 04 Feb 2023SEK 40.4bSEK 55.3bSEK 1.0b12.7x38.9x0.7x
Mon, 02 Jan 2023SEK 32.9bSEK 55.0bSEK 1.0b12.8x31.9x0.6x
Wed, 30 Nov 2022SEK 36.4bSEK 54.6bSEK 1.0b12.9x35.5x0.7x
Fri, 28 Oct 2022SEK 32.2bSEK 53.4bSEK 1.3b12.1x25.7x0.6x
Sun, 25 Sep 2022SEK 28.6bSEK 53.3bSEK 1.2b12.2x22.9x0.5x
Tue, 23 Aug 2022SEK 34.5bSEK 52.8bSEK 1.2b14.1x27.9x0.7x
Thu, 21 Jul 2022SEK 33.8bSEK 51.5bSEK 1.6b19.1x21.8x0.7x
Sat, 18 Jun 2022SEK 33.7bSEK 53.2bSEK 1.6b19.1x20.8x0.6x
Mon, 16 May 2022SEK 40.5bSEK 52.6bSEK 1.6b27.1x25.4x0.8x
Wed, 13 Apr 2022SEK 44.4bSEK 50.6bSEK 1.7b19.7x25.5x0.9x
Fri, 11 Mar 2022SEK 46.2bSEK 51.1bSEK 1.8b23.2x26x0.9x
Sun, 06 Feb 2022SEK 58.1bSEK 48.9bSEK 1.8b23.9x31.5x1.2x
Tue, 04 Jan 2022SEK 71.7bSEK 48.7bSEK 1.8b24.4x39.2x1.5x
Thu, 02 Dec 2021SEK 59.9bSEK 48.6bSEK 1.8b24.1x32.8x1.2x
Sat, 30 Oct 2021SEK 57.9bSEK 47.2bSEK 1.7b25.2x34.3x1.2x
Mon, 27 Sep 2021SEK 60.7bSEK 47.1bSEK 1.7b24.5x35.6x1.3x
Wed, 25 Aug 2021SEK 57.4bSEK 47.1bSEK 1.7b27x33.7x1.2x
Price to Earnings Ratio

33.7x


Total Market Cap: SEK 57.4bTotal Earnings: SEK 1.7bTotal Revenue: SEK 47.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthcare Services Industry Price to Earnings3Y Average 34.5x202220232024
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 34.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 10.0% 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 Market2.33%
Healthcare4.09%
Healthcare Services0.78%
Healthcare Facilities5.29%
Managed Healthcare0%
Healthcare Distributors-0.70%
Healthcare Services-1.59%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 108x.
    • Analysts are expecting annual earnings growth of 37.8%, which is lower than the prior year's growth of 157.5% per year.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 17.6x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 63% over the next 5 years.
  • This is better than its past earnings decline of 13% 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
AMBEA AmbeaSEK 83.506.6%
+SEK 324.8m
122.9%PE13x
ATT AttendoSEK 47.453.6%
+SEK 251.8m
54.8%PE18.8x
HUM HumanaSEK 32.557.2%
+SEK 114.0m
18.1%PE15.3x
DEDI DedicareSEK 70.601.9%
+SEK 12.4m
-16.7%PE7.6x
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Latest News

HEGR

SEK 4.50

Hedera Group

7D

-8.2%

1Y

-49.9%

AMBEA

SEK 83.50

Ambea

7D

6.6%

1Y

122.9%

MCOV B

SEK 180.00

Medicover

7D

-1.6%

1Y

17.6%

HUM

SEK 32.55

Humana

7D

7.2%

1Y

18.1%

EQL

SEK 57.00

EQL Pharma

7D

-0.7%

1Y

112.7%

ATT

SEK 47.45

Attendo

7D

3.6%

1Y

54.8%

NGS

SEK 2.90

NGS Group

7D

-7.6%

1Y

-60.8%

DEDI

SEK 70.60

Dedicare

7D

1.9%

1Y

-16.7%

L2S

SEK 0.025

Learning 2 Sleep L2S

7D

-0.8%

1Y

-94.0%