Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swedish (OMX) Healthtech Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies8
  • 7D-0.7%
  • 3M-17.3%
  • 1Y-6.2%
  • YTD-9.0%

Over the last 7 days, the Healthtech industry has dropped 1.2%, driven by a pullback from Sectra of 0.8%. However, the industry is down 5.9% over the past year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025SEK 59.0bSEK 5.6bSEK 679.5m55.1x86.8x10.5x
Fri, 21 Nov 2025SEK 63.7bSEK 5.5bSEK 635.0m62.6x100.4x11.6x
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
Price to Earnings Ratio

218.1x


Total Market Cap: SEK 34.8bTotal Earnings: SEK 159.7mTotal Revenue: SEK 3.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 123.5x202320242025
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 87.1x which is lower than its 3-year average PE of 124x.
  • The industry is trading close to its 3-year average PS ratio of 10.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 62% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market1.17%
Healthcare1.20%
Healthtech-0.69%
Healthtech-0.69%
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 27.154.4%
+SEK 80.4m		23.4%PS5.8x
KONT Kontigo CareSEK 2.0910.0%
+SEK 6.7m		-20.8%PS1.9x
AINO Aino HealthSEK 0.182.3%
+SEK 818.3k		-41.3%PS1.3x

Latest News

KONT
SEK 2.09
Kontigo Care
7D
10.0%
1Y
-20.8%
SECT B
SEK 252.00
Sectra
7D
-0.8%
1Y
-8.4%

SECT B: Cloud Expansion Will Support Earnings Multiples Amid Balanced Risk

Analysts have raised their price target on Sectra from SEK 207.5 to SEK 245.0, citing slightly stronger long term revenue growth assumptions and a higher expected future earnings multiple, partly offset by a marginally lower profit margin outlook. What's in the News Sectra will provide a unified Sectra One Cloud enterprise imaging solution for four NHS trusts in Lancashire and South Cumbria, consolidating radiology and breast imaging across 15 hospitals to strengthen cybersecurity and collaboration (Client Announcements).
IZAFE B
SEK 0.47
iZafe Group
7D
-9.5%
1Y
117.3%
CARA
SEK 27.15
Carasent
7D
4.4%
1Y
23.4%
MNTC
SEK 13.05
Mentice
7D
-1.5%
1Y
-46.3%

We're Not Very Worried About Mentice's (STO:MNTC) Cash Burn Rate

Dec 10
We're Not Very Worried About Mentice's (STO:MNTC) Cash Burn Rate
PTRK
SEK 13.05
Physitrack
7D
-1.1%
1Y
51.7%

Is Physitrack (STO:PTRK) A Risky Investment?

Dec 03
Is Physitrack (STO:PTRK) A Risky Investment?
RAY B
SEK 224.50
RaySearch Laboratories
7D
-1.1%
1Y
7.9%
QCORE
SEK 0.46
Qlucore
7D
-6.6%
1Y
-91.1%
AINO
SEK 0.18
Aino Health
7D
2.3%
1Y
-41.3%