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Swedish (OMX) Healthtech Industry Analysis

UpdatedJan 24, 2022
DataAggregated Company Financials
Companies12
  • 7D-9.1%
  • 3M-25.1%
  • 1Y-0.9%
  • YTD-22.9%

Over the last 7 days, the Healthtech industry has dropped 9.1%, driven by a decline by Sectra of 9.7%. As for the longer term, the industry's performance has been flat for the past year.

Industry Valuation and Performance

Has the Swedish Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 24 Jan 2022kr36.7bkr2.9bkr117.1m89.9x
Wed, 22 Dec 2021kr43.5bkr2.9bkr129.6m108.3x
Fri, 19 Nov 2021kr55.8bkr2.9bkr145.1m141.9x
Sun, 17 Oct 2021kr45.4bkr2.8bkr34.3m135.5x
Tue, 14 Sep 2021kr47.6bkr2.8bkr34.4m140.5x
Thu, 12 Aug 2021kr38.8bkr2.8bkr28.7m123.1x
Mon, 07 Jun 2021kr29.7bkr2.6b-kr33,319,578.0078.9x
Sun, 28 Feb 2021kr34.1bkr2.7b-kr28,632,578.00107.4x
Wed, 02 Dec 2020kr33.0bkr2.8bkr35.1m98.3x
Sat, 05 Sep 2020kr32.3bkr2.8bkr126.2m94.1x
Tue, 09 Jun 2020kr26.6bkr2.8bkr166.1m86x
Mon, 02 Mar 2020kr19.1bkr2.7bkr132.5m59x
Thu, 05 Dec 2019kr22.6bkr2.6bkr145.8m78.2x
Sun, 08 Sep 2019kr24.2bkr2.5bkr192.5m77.2x
Sat, 01 Jun 2019kr18.7bkr2.3bkr193.7m63.7x
Tue, 05 Mar 2019kr15.5bkr2.1bkr183.6m54.1x
PE Ratio

45.4x

Total Market Cap: kr13.8bTotal Earnings: kr183.6mTotal Revenue: kr2.1b0%0%0%3 Year10 Year
202020212022

Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Healthcare Services industry have declined 14% per year over the last three years, while 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 Healthtech industry?

Healthtech-9.09%

Industry PE: Investors are most optimistic about the Healthtech industry, which is trading close to its 3-year average PE ratio of 86.2x. However analysts expect its future annual earnings growth (27%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.

Forecasted Growth: Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 27% over the next 5 years. This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ORTI B Ortivuskr5.692.2%
+kr5.3m
7.4%PE25.9x
AINO Aino Healthkr0.946.1%
+kr1.5m
-56.1%PS1x
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