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Swedish (OMX) Healthtech Industry Analysis

UpdatedFeb 27, 2024
DataAggregated Company Financials
Companies11
  • 7D-1.8%
  • 3M46.9%
  • 1Y38.6%
  • YTD16.8%

Over the last 7 days, the Healthtech industry has dropped 1.8%, driven by Sectra declining 2.7%. In contrast, RaySearch Laboratories has gained 9.2%. Over the past 12 months, the industry was up 39%. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024kr46.8bkr4.6bkr344.1m115.2x136x10.2x
Fri, 26 Jan 2024kr42.6bkr4.6bkr340.3m144.1x125.1x9.3x
Sun, 24 Dec 2023kr39.9bkr4.6bkr340.3m141.4x117.2x8.7x
Tue, 21 Nov 2023kr33.0bkr4.3bkr306.8m122.5x107.6x7.6x
Thu, 19 Oct 2023kr28.8bkr4.2bkr312.6m64.9x92.1x6.8x
Sat, 16 Sep 2023kr35.5bkr4.3bkr312.7m78.6x113.4x8.3x
Mon, 14 Aug 2023kr36.2bkr4.1bkr292.2m95x123.9x8.9x
Wed, 12 Jul 2023kr37.9bkr4.0bkr273.1m92.5x139x9.4x
Fri, 09 Jun 2023kr41.1bkr4.0bkr278.4m102x147.4x10.2x
Sun, 07 May 2023kr39.7bkr3.9bkr299.7m104.3x132.3x10.2x
Tue, 04 Apr 2023kr36.7bkr3.9bkr233.6m100.7x157x9.5x
Thu, 02 Mar 2023kr33.3bkr3.7bkr221.3m84.4x150.6x8.9x
Sat, 28 Jan 2023kr35.6bkr3.7bkr159.7m67.6x222.8x9.7x
Mon, 26 Dec 2022kr34.6bkr3.7bkr159.7m66.2x216.7x9.5x
Wed, 23 Nov 2022kr37.9bkr3.4bkr91.9m79x412.8x11x
Fri, 21 Oct 2022kr30.6bkr3.4bkr90.9m84.4x336.6x9x
Sun, 18 Sep 2022kr29.2bkr3.4bkr94.2m83.8x310.2x8.6x
Tue, 16 Aug 2022kr41.5bkr3.3bkr94.2m109.6x440.1x12.6x
Thu, 14 Jul 2022kr36.6bkr3.3bkr106.4m94.1x344.3x11.1x
Sat, 11 Jun 2022kr32.3bkr3.3bkr107.1m81.3x302x9.8x
Mon, 09 May 2022kr28.2bkr3.1bkr122.3m67.4x230.3x9x
Wed, 06 Apr 2022kr37.1bkr3.1bkr114.6m88.5x323.5x12x
Fri, 04 Mar 2022kr35.6bkr3.0bkr109.7m88.2x324.1x11.8x
Sun, 30 Jan 2022kr35.9bkr2.9bkr117.8m87.6x304.4x12.2x
Tue, 28 Dec 2021kr45.9bkr2.9bkr129.6m114.1x354x15.8x
Thu, 25 Nov 2021kr53.3bkr2.9bkr149.4m134.2x356.8x18.3x
Sat, 23 Oct 2021kr48.8bkr2.8bkr21.5m119.9x2269.6x17.4x
Mon, 20 Sep 2021kr46.7bkr2.8bkr34.5m143.2x1354.6x16.7x
Wed, 18 Aug 2021kr40.8bkr2.8bkr28.7m124.8x1418.7x14.5x
Wed, 02 Jun 2021kr29.7bkr2.6b-kr33,319,578.0078.9x-890.4x11.2x
Sat, 06 Mar 2021kr34.1bkr2.7b-kr28,632,578.00107.4x-1189.3x12.8x
Price to Earnings Ratio

-1189.3x


Total Market Cap: kr34.1bTotal Earnings: -kr28,632,578.00Total Revenue: kr2.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 273.2x202220232024
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 136x which is lower than its 3-year average PE of 232x.
  • The industry is trading close to its 3-year average PS ratio of 11.1x.
Past Earnings Growth
  • Total earnings for the Healthcare Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Healthcare industry?

SE Market0.69%
Healthcare-2.26%
Healthtech-1.76%
Healthtech-1.76%
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
RAY B RaySearch Laboratorieskr102.2016.1%
+kr486.8m
20.4%PE43x
MNTC Menticekr34.202.1%
+kr17.9m
-26.5%PS3.2x
ORTI B Ortivuskr3.4911.5%
+kr16.0m
-25.7%PS1.8x
QCORE Qlucorekr8.8024.8%
+kr7.0m
-44.3%PS0.9x
PTRK Physitrackkr15.402.3%
+kr5.7m
-6.7%PE263.6x
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Latest News

AINO

kr0.42

Aino Health

7D

-3.7%

1Y

-63.5%

RAY B

kr102.20

RaySearch Laboratories

7D

16.1%

1Y

20.4%

MNTC

kr34.20

Mentice

7D

2.1%

1Y

-26.5%

IZAFE B

kr0.25

iZafe Group

7D

-1.2%

1Y

17.9%

ORTI B

kr3.49

Ortivus

7D

11.5%

1Y

-25.7%

MEDHLP

kr3.24

Medhelp Care Aktiebolag

7D

-6.6%

1Y

-5.3%

PTRK

kr15.40

Physitrack

7D

2.3%

1Y

-6.7%

SECT B

kr209.15

Sectra

7D

-2.7%

1Y

45.9%

KONT

kr2.33

Kontigo Care

7D

-4.1%

1Y

-47.2%

QCORE

kr8.80

Qlucore

7D

24.8%

1Y

-44.3%

RIGHTB

kr0.068

RightBridge Ventures Group

7D

82.4%

1Y

-82.1%

AGILIT

kr0.12

Agilit Holding

7D

-29.0%

1Y

n/a