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Swedish (OMX) Healthtech Industry Analysis
UpdatedJan 24, 2022
DataAggregated Company Financials
Companies12
- 7D-9.1%
- 3M-25.1%
- 1Y-0.9%
- YTD-22.9%
Over the last 7 days, the Healthtech industry has dropped 9.1%, driven by a decline by Sectra of 9.7%. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the Swedish Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 24 Jan 2022 | kr36.7b | kr2.9b | kr117.1m | 89.9x |
| Wed, 22 Dec 2021 | kr43.5b | kr2.9b | kr129.6m | 108.3x |
| Fri, 19 Nov 2021 | kr55.8b | kr2.9b | kr145.1m | 141.9x |
| Sun, 17 Oct 2021 | kr45.4b | kr2.8b | kr34.3m | 135.5x |
| Tue, 14 Sep 2021 | kr47.6b | kr2.8b | kr34.4m | 140.5x |
| Thu, 12 Aug 2021 | kr38.8b | kr2.8b | kr28.7m | 123.1x |
| Mon, 07 Jun 2021 | kr29.7b | kr2.6b | -kr33,319,578.00 | 78.9x |
| Sun, 28 Feb 2021 | kr34.1b | kr2.7b | -kr28,632,578.00 | 107.4x |
| Wed, 02 Dec 2020 | kr33.0b | kr2.8b | kr35.1m | 98.3x |
| Sat, 05 Sep 2020 | kr32.3b | kr2.8b | kr126.2m | 94.1x |
| Tue, 09 Jun 2020 | kr26.6b | kr2.8b | kr166.1m | 86x |
| Mon, 02 Mar 2020 | kr19.1b | kr2.7b | kr132.5m | 59x |
| Thu, 05 Dec 2019 | kr22.6b | kr2.6b | kr145.8m | 78.2x |
| Sun, 08 Sep 2019 | kr24.2b | kr2.5b | kr192.5m | 77.2x |
| Sat, 01 Jun 2019 | kr18.7b | kr2.3b | kr193.7m | 63.7x |
| Tue, 05 Mar 2019 | kr15.5b | kr2.1b | kr183.6m | 54.1x |
PE Ratio
45.4x
Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Healthcare Services industry have declined 14% per year over the last three years, while revenues for these companies have grown 12% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Swedish Healthtech industry?
| Healthtech | -9.09% | |
Industry PE: Investors are most optimistic about the Healthtech industry, which is trading close to its 3-year average PE ratio of 86.2x. However analysts expect its future annual earnings growth (27%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.
Forecasted Growth: Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 27% over the next 5 years. This is roughly in line with its past earnings growth rate.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ORTI B Ortivus | kr5.69 | 2.2% +kr5.3m | 7.4% | PE25.9x | |
| AINO Aino Health | kr0.94 | 6.1% +kr1.5m | -56.1% | PS1x |