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Swedish (OMX) Healthtech Industry Analysis

UpdatedOct 19, 2025
DataAggregated Company Financials
Companies8
  • 7D-3.2%
  • 3M-20.8%
  • 1Y2.7%
  • YTD3.4%

Over the last 7 days, the Healthtech industry has dropped 3.2%, driven by a pullback from Sectra of 2.9%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 Oct 2025SEK 67.0bSEK 5.4bSEK 577.6m68.4x116x12.3x
Tue, 16 Sep 2025SEK 72.0bSEK 5.5bSEK 569.1m44x126.5x13x
Thu, 14 Aug 2025SEK 79.6bSEK 5.5bSEK 554.2m84x143.5x14.5x
Sat, 12 Jul 2025SEK 83.9bSEK 5.5bSEK 615.2m88x136.4x15.2x
Mon, 09 Jun 2025SEK 82.8bSEK 5.5bSEK 613.0m85.9x135.1x15x
Wed, 07 May 2025SEK 69.6bSEK 5.4bSEK 620.8m80.3x112.2x12.9x
Fri, 04 Apr 2025SEK 58.6bSEK 5.4bSEK 615.2m65.7x95.3x10.9x
Sun, 02 Mar 2025SEK 57.0bSEK 5.3bSEK 408.7m78.1x139.4x10.8x
Tue, 28 Jan 2025SEK 58.6bSEK 5.2bSEK 490.7m63.1x119.4x11.3x
Thu, 26 Dec 2024SEK 62.8bSEK 5.2bSEK 490.8m63x127.9x12.1x
Sat, 23 Nov 2024SEK 7.8bSEK 1.8bSEK 93.0m45.3x84.3x4.4x
Mon, 21 Oct 2024SEK 63.2bSEK 5.0bSEK 528.8m41.7x119.6x12.6x
Wed, 18 Sep 2024SEK 58.4bSEK 5.0bSEK 528.4m42.7x110.5x11.6x
Fri, 16 Aug 2024SEK 52.7bSEK 4.8bSEK 476.3m64.5x110.7x11x
Sun, 14 Jul 2024SEK 53.0bSEK 4.8bSEK 460.3m67.9x115.2x11.1x
Tue, 11 Jun 2024SEK 53.0bSEK 4.8bSEK 459.6m71x115.2x11.1x
Thu, 09 May 2024SEK 49.2bSEK 4.6bSEK 441.0m78x111.6x10.7x
Sat, 06 Apr 2024SEK 46.7bSEK 4.7bSEK 473.9m94x98.5x9.9x
Mon, 04 Mar 2024SEK 46.9bSEK 4.6bSEK 487.3m92.6x96.3x10.3x
Wed, 31 Jan 2024SEK 43.6bSEK 4.6bSEK 340.3m141.6x128.2x9.6x
Fri, 29 Dec 2023SEK 41.1bSEK 4.6bSEK 340.3m143.8x120.7x9x
Sun, 26 Nov 2023SEK 32.9bSEK 4.3bSEK 306.8m127.9x107.2x7.6x
Tue, 24 Oct 2023SEK 28.1bSEK 4.2bSEK 312.7m66.5x89.8x6.6x
Thu, 21 Sep 2023SEK 32.4bSEK 4.3bSEK 312.7m71.2x103.6x7.6x
Sat, 19 Aug 2023SEK 36.6bSEK 4.1bSEK 294.3m74.9x124.4x9x
Mon, 17 Jul 2023SEK 37.4bSEK 4.0bSEK 273.1m94.3x136.8x9.3x
Wed, 14 Jun 2023SEK 43.0bSEK 4.0bSEK 273.1m104.7x157.3x10.7x
Fri, 12 May 2023SEK 41.1bSEK 3.9bSEK 299.7m107.1x137.1x10.6x
Sun, 09 Apr 2023SEK 38.2bSEK 3.9bSEK 295.0m104.2x129.4x9.9x
Tue, 07 Mar 2023SEK 34.4bSEK 3.8bSEK 224.1m104.5x153.6x9.2x
Thu, 02 Feb 2023SEK 34.8bSEK 3.7bSEK 159.6m66.1x218.1x9.5x
Sat, 31 Dec 2022SEK 34.8bSEK 3.7bSEK 159.7m65.9x218.1x9.5x
Mon, 28 Nov 2022SEK 38.6bSEK 3.4bSEK 100.1m79.8x385.5x11.2x
Wed, 26 Oct 2022SEK 33.3bSEK 3.4bSEK 90.9m87.5x365.9x9.8x
Price to Earnings Ratio

365.9x


Total Market Cap: SEK 33.3bTotal Earnings: SEK 90.9mTotal Revenue: SEK 3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 137.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Swedish Healthcare Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 116x which is lower than its 3-year average PE of 138x.
  • The 3-year average PS ratio of 10.5x is lower than the industry's current PS ratio of 12.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 85% per year over the last three years.
  • Revenues for these companies have grown 17% 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-0.034%
Healthcare0.10%
Healthtech-3.24%
Healthtech-3.24%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CARA CarasentSEK 26.703.1%
+SEK 57.9m		n/aPS6.2x
PTRK PhysitrackSEK 18.005.9%
+SEK 16.3m		33.3%PS1.7x
IZAFE B iZafe GroupSEK 0.696.8%
+SEK 16.1m		238.2%PS36.9x
QCORE QlucoreSEK 0.5310.4%
+SEK 2.1m		-91.2%PS1.4x
ORTI B OrtivusSEK 1.121.8%
+SEK 886.1k		-32.9%PS0.6x

Latest News

SECT B
SEK 293.00
Sectra
7D
-2.9%
1Y
0.2%
IZAFE B
SEK 0.69
iZafe Group
7D
6.8%
1Y
238.2%
MNTC
SEK 9.06
Mentice
7D
-12.5%
1Y
-69.3%

Little Excitement Around Mentice AB (publ)'s (STO:MNTC) Revenues

Oct 15
Little Excitement Around Mentice AB (publ)'s (STO:MNTC) Revenues
CARA
SEK 26.70
Carasent
7D
3.1%
1Y
n/a
QCORE
SEK 0.53
Qlucore
7D
10.4%
1Y
-91.2%
RAY B
SEK 227.50
RaySearch Laboratories
7D
-7.1%
1Y
38.9%

RaySearch Laboratories (STO:RAY B) Shareholders Will Want The ROCE Trajectory To Continue

Sep 28
RaySearch Laboratories (STO:RAY B) Shareholders Will Want The ROCE Trajectory To Continue
ORTI B
SEK 1.12
Ortivus
7D
1.8%
1Y
-32.9%
KONT
SEK 1.89
Kontigo Care
7D
-1.6%
1Y
-25.0%
AINO
SEK 0.17
Aino Health
7D
-7.6%
1Y
30.8%
PTRK
SEK 18.00
Physitrack
7D
5.9%
1Y
33.3%

Physitrack PLC's (STO:PTRK) 32% Price Boost Is Out Of Tune With Revenues

Aug 05
Physitrack PLC's (STO:PTRK) 32% Price Boost Is Out Of Tune With Revenues