Be Wary Of Physitrack (STO:PTRK) And Its Returns On Capital
Jan 29
Swedish (OMX) Healthtech Industry Analysis
UpdatedJan 30, 2023
DataAggregated Company Financials
Companies14
- 7D-3.5%
- 3M5.8%
- 1Y-1.8%
- YTD1.6%
Over the last 7 days, the Healthtech industry has dropped 3.5%, driven by a pullback from Sectra of 6.1%. Meanwhile, Physitrack actually outperformed within the industry, gaining 14% in the last week. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Swedish Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Jan 2023 | kr35.6b | kr3.7b | kr159.7m | 67.6x | 222.8x | 9.7x |
| Wed, 28 Dec 2022 | kr35.0b | kr3.7b | kr159.7m | 66.7x | 218.9x | 9.6x |
| Fri, 25 Nov 2022 | kr39.3b | kr3.4b | kr100.1m | 80x | 392.3x | 11.4x |
| Sun, 23 Oct 2022 | kr31.1b | kr3.4b | kr90.9m | 85.1x | 342.6x | 9.1x |
| Tue, 20 Sep 2022 | kr29.5b | kr3.4b | kr91.0m | 84.7x | 324.7x | 8.7x |
| Thu, 18 Aug 2022 | kr41.3b | kr3.3b | kr94.1m | 109.5x | 438.9x | 12.5x |
| Sat, 16 Jul 2022 | kr37.3b | kr3.3b | kr106.4m | 97.4x | 350.7x | 11.3x |
| Mon, 13 Jun 2022 | kr32.3b | kr3.3b | kr106.4m | 81.3x | 303.9x | 9.8x |
| Wed, 11 May 2022 | kr27.5b | kr3.1b | kr116.1m | 66.2x | 236.9x | 8.8x |
| Fri, 08 Apr 2022 | kr36.5b | kr3.1b | kr114.5m | 87.7x | 318.6x | 11.8x |
| Sun, 06 Mar 2022 | kr35.6b | kr3.0b | kr103.2m | 88.9x | 344.7x | 11.8x |
| Tue, 01 Feb 2022 | kr36.8b | kr2.9b | kr117.8m | 90.3x | 312.3x | 12.5x |
| Thu, 30 Dec 2021 | kr46.6b | kr2.9b | kr129.7m | 116.7x | 359.6x | 16x |
| Sat, 27 Nov 2021 | kr52.8b | kr2.9b | kr149.3m | 133.5x | 353.8x | 18.2x |
| Mon, 25 Oct 2021 | kr48.8b | kr2.8b | kr21.5m | 119.9x | 2271.1x | 17.4x |
| Wed, 22 Sep 2021 | kr46.1b | kr2.8b | kr34.5m | 140x | 1336.5x | 16.4x |
| Fri, 20 Aug 2021 | kr41.4b | kr2.8b | kr28.7m | 126.2x | 1439x | 14.8x |
| Fri, 04 Jun 2021 | kr29.7b | kr2.6b | -kr33,319,578.00 | 78.9x | -890.4x | 11.2x |
| Mon, 08 Mar 2021 | kr34.1b | kr2.7b | -kr28,632,578.00 | 107.4x | -1189.3x | 12.8x |
| Thu, 10 Dec 2020 | kr33.0b | kr2.8b | kr35.1m | 98.3x | 941.2x | 11.7x |
| Wed, 02 Sep 2020 | kr32.3b | kr2.8b | kr126.2m | 94.1x | 256.1x | 11.7x |
| Sat, 06 Jun 2020 | kr26.6b | kr2.8b | kr166.1m | 86x | 160.3x | 9.5x |
| Tue, 10 Mar 2020 | kr19.1b | kr2.7b | kr132.5m | 59x | 144.4x | 7x |
Price to Earnings Ratio
164.2x
Current Industry PE
- Investors are optimistic on the Swedish Healthcare Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 223x which is higher than its 3-year average PE of -429x.
- The 3-year average PS ratio of 11.4x is higher than the industry's current PS ratio of 9.7x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have grown 6.4% per year over the last three years.
- Revenues for these companies have grown 10% 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 | 1.27% | |
| Healthcare | -0.34% | |
| Healthtech | -3.51% | |
| Healthtech | -3.51% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PTRK Physitrack | kr23.90 | 14.1% +kr48.0m | -55.3% | PS3.1x | |
| MNTC Mentice | kr36.70 | 1.7% +kr15.3m | -54.1% | PS4.3x | |
| KONT Kontigo Care | kr4.18 | 10.3% +kr9.3m | -29.4% | PE43.6x | |
| FRISQ FRISQ Holding | kr0.54 | 26.5% +kr7.6m | -67.8% | PS6.9x | |
| RAY B RaySearch Laboratories | kr78.60 | 0.3% +kr6.9m | 70.3% | PS3.5x |