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Swedish (OMX) Healthtech Industry Analysis

UpdatedAug 31, 2025
DataAggregated Company Financials
Companies9
  • 7D-5.6%
  • 3M0.4%
  • 1Y40.3%
  • YTD17.8%

Over the last 7 days, the Healthtech industry has dropped 5.6%, driven by a pullback from Sectra of 6.5%. Meanwhile, Physitrack actually outperformed within the industry, gaining 14% in the last week. Over the past 12 months, the industry was up 40%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 01 Sep 2025SEK 76.2bSEK 5.5bSEK 560.1m47.2x136x13.9x
Wed, 30 Jul 2025SEK 85.2bSEK 5.5bSEK 585.0m89.7x145.5x15.4x
Fri, 27 Jun 2025SEK 79.9bSEK 5.5bSEK 615.3m83.2x129.8x14.5x
Sun, 25 May 2025SEK 72.9bSEK 5.5bSEK 641.8m73.6x113.6x13.3x
Tue, 22 Apr 2025SEK 63.6bSEK 5.4bSEK 622.0m67.9x102.2x11.8x
Thu, 20 Mar 2025SEK 59.0bSEK 5.4bSEK 615.7m65.9x95.8x10.9x
Sat, 15 Feb 2025SEK 61.3bSEK 5.2bSEK 494.8m75.9x123.8x11.7x
Mon, 13 Jan 2025SEK 61.5bSEK 4.0bSEK 315.7m82.7x194.7x15.2x
Wed, 11 Dec 2024SEK 62.5bSEK 5.0bSEK 561.4m63.2x111.2x12.5x
Fri, 08 Nov 2024SEK 6.9bSEK 1.9bSEK 84.6m37.3x81.1x3.7x
Sun, 06 Oct 2024SEK 61.0bSEK 5.0bSEK 528.6m39.2x115.4x12.1x
Tue, 03 Sep 2024SEK 51.9bSEK 4.9bSEK 509.7m42.2x101.8x10.6x
Thu, 01 Aug 2024SEK 53.0bSEK 4.8bSEK 476.4m66.5x111.3x11x
Sat, 29 Jun 2024SEK 52.9bSEK 4.8bSEK 459.9m70.7x115x11.1x
Mon, 27 May 2024SEK 52.9bSEK 4.6bSEK 457.3m66.8x115.6x11.5x
Wed, 24 Apr 2024SEK 48.4bSEK 4.7bSEK 474.1m97.8x102x10.3x
Fri, 22 Mar 2024SEK 46.8bSEK 4.7bSEK 473.4m95.3x98.9x10x
Sun, 18 Feb 2024SEK 47.8bSEK 4.6bSEK 319.8m193.6x149.3x10.5x
Tue, 16 Jan 2024SEK 40.3bSEK 4.6bSEK 340.3m137.6x118.5x8.8x
Thu, 14 Dec 2023SEK 32.6bSEK 4.3bSEK 283.6m137.2x114.8x7.5x
Sat, 11 Nov 2023SEK 31.1bSEK 4.3bSEK 319.8m73.3x97.3x7.3x
Mon, 09 Oct 2023SEK 30.4bSEK 4.2bSEK 312.6m66.4x97.2x7.2x
Wed, 06 Sep 2023SEK 34.7bSEK 4.1bSEK 316.4m77.9x109.5x8.4x
Fri, 04 Aug 2023SEK 36.7bSEK 4.1bSEK 292.2m98x125.4x9x
Sun, 02 Jul 2023SEK 39.8bSEK 4.0bSEK 273.1m95.7x145.8x9.9x
Tue, 30 May 2023SEK 39.1bSEK 3.9bSEK 304.3m107.2x128.6x10x
Thu, 27 Apr 2023SEK 37.2bSEK 3.9bSEK 294.6m100.2x126.2x9.6x
Sat, 25 Mar 2023SEK 37.6bSEK 3.9bSEK 233.5m99.6x161x9.7x
Mon, 20 Feb 2023SEK 36.2bSEK 3.7bSEK 184.4m65.6x196.5x9.9x
Wed, 18 Jan 2023SEK 37.3bSEK 3.7bSEK 159.6m67.8x233.5x10.2x
Fri, 16 Dec 2022SEK 37.5bSEK 3.5bSEK 132.2m76.2x283.3x10.7x
Sun, 13 Nov 2022SEK 36.9bSEK 3.4bSEK 92.1m95.1x400.8x10.8x
Tue, 11 Oct 2022SEK 29.3bSEK 3.4bSEK 90.9m84.8x322.6x8.6x
Thu, 08 Sep 2022SEK 31.3bSEK 3.4bSEK 94.3m88.8x332x9.2x
Price to Earnings Ratio

332x


Total Market Cap: SEK 31.3bTotal Earnings: SEK 94.3mTotal Revenue: SEK 3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 146.4x202320242025
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 147x.
  • The 3-year average PS ratio of 10.3x is lower than the industry's current PS ratio of 13.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 81% 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-2.45%
Healthcare-1.10%
Healthtech-5.59%
Healthtech-5.59%
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
PTRK PhysitrackSEK 21.0013.5%
+SEK 40.7m		59.7%PS1.9x
CARA CarasentSEK 28.552.0%
+SEK 39.8m		n/aPS6.6x
AINO Aino HealthSEK 0.249.9%
+SEK 4.5m		80.7%PS1.9x
MNTC MenticeSEK 13.751.1%
+SEK 3.8m		-45.7%PS1.3x
KONT Kontigo CareSEK 2.031.5%
+SEK 1.1m		-24.3%PS1.8x

Latest News

IZAFE B
SEK 0.34
iZafe Group
7D
-3.7%
1Y
47.8%
SECT B
SEK 331.60
Sectra
7D
-6.5%
1Y
38.1%

Sectra AB (publ)'s (STO:SECT B) Price Is Out Of Tune With Revenues

Aug 29
Sectra AB (publ)'s (STO:SECT B) Price Is Out Of Tune With Revenues
ORTI B
SEK 1.18
Ortivus
7D
-1.7%
1Y
-31.6%
RAY B
SEK 265.50
RaySearch Laboratories
7D
-1.7%
1Y
68.9%

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KONT
SEK 2.03
Kontigo Care
7D
1.5%
1Y
-24.3%
AINO
SEK 0.24
Aino Health
7D
9.9%
1Y
80.7%
PTRK
SEK 21.00
Physitrack
7D
13.5%
1Y
59.7%

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
MEDHLP
SEK 6.75
Medhelp Care Aktiebolag
7D
-0.7%
1Y
148.2%
MNTC
SEK 13.75
Mentice
7D
1.1%
1Y
-45.7%
RIGHTB
SEK 0.009
RightBridge Ventures Group
7D
9.8%
1Y
-55.0%
CARA
SEK 28.55
Carasent
7D
2.0%
1Y
n/a

Carasent AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jul 14
Carasent AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
QCORE
SEK 0.84
Qlucore
7D
13.5%
1Y
-89.8%