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Swedish (OMX) Healthtech Industry Analysis

UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies10
  • 7D2.6%
  • 3M-3.0%
  • 1Y27.9%
  • YTD-5.3%

The Healthtech industry is up 2.6% in the last week, with Sectra up 1.9%. Meanwhile, Ortivus actually underperformed within the industry, shrinking 16% in the last week. This takes the industry's 12 month performance to a gain of 28%. As for the next few years, earnings are expected to grow by 30% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025SEK 61.3bSEK 5.2bSEK 494.8m75.9x123.8x11.7x
Tue, 14 Jan 2025SEK 58.9bSEK 4.0bSEK 315.7m84x186.5x14.6x
Thu, 12 Dec 2024SEK 62.8bSEK 5.2bSEK 553.6m66.8x113.4x12x
Sat, 09 Nov 2024SEK 7.9bSEK 1.9bSEK 71.7m44.2x110.2x4.3x
Mon, 07 Oct 2024SEK 61.0bSEK 5.0bSEK 528.6m39.2x115.4x12.1x
Wed, 04 Sep 2024SEK 52.2bSEK 4.9bSEK 509.8m41.7x102.5x10.7x
Fri, 02 Aug 2024SEK 52.4bSEK 4.8bSEK 476.3m66x109.9x10.9x
Sun, 30 Jun 2024SEK 52.9bSEK 4.8bSEK 459.9m70.7x115x11.1x
Tue, 28 May 2024SEK 52.3bSEK 4.6bSEK 457.2m65.1x114.5x11.4x
Thu, 25 Apr 2024SEK 48.7bSEK 4.7bSEK 474.4m98.8x102.6x10.4x
Sat, 23 Mar 2024SEK 47.0bSEK 4.7bSEK 473.6m95.6x99.2x10x
Mon, 19 Feb 2024SEK 47.8bSEK 4.6bSEK 319.8m193.6x149.3x10.5x
Wed, 17 Jan 2024SEK 40.8bSEK 4.6bSEK 340.3m143.3x119.8x8.9x
Fri, 15 Dec 2023SEK 34.4bSEK 4.3bSEK 283.6m134.6x121.3x7.9x
Sun, 12 Nov 2023SEK 31.1bSEK 4.3bSEK 297.4m73.3x104.7x7.3x
Tue, 10 Oct 2023SEK 30.0bSEK 4.2bSEK 312.6m67.8x95.9x7.1x
Thu, 07 Sep 2023SEK 35.4bSEK 4.3bSEK 323.8m78.6x109.4x8.3x
Sat, 05 Aug 2023SEK 36.7bSEK 4.0bSEK 292.2m98.1x125.6x9.1x
Mon, 03 Jul 2023SEK 39.8bSEK 4.0bSEK 273.1m95.7x145.8x9.9x
Wed, 31 May 2023SEK 39.0bSEK 3.9bSEK 304.3m106.8x128.1x9.9x
Fri, 28 Apr 2023SEK 37.1bSEK 3.9bSEK 294.6m97.6x126x9.6x
Sun, 26 Mar 2023SEK 37.6bSEK 3.9bSEK 233.5m99.6x161x9.7x
Tue, 21 Feb 2023SEK 35.6bSEK 3.7bSEK 184.5m64x193x9.7x
Thu, 19 Jan 2023SEK 37.5bSEK 3.7bSEK 159.7m68x234.9x10.3x
Sat, 17 Dec 2022SEK 33.0bSEK 3.5bSEK 132.2m68.1x249.4x9.4x
Mon, 14 Nov 2022SEK 36.9bSEK 3.4bSEK 89.6m95.1x411.9x10.8x
Wed, 12 Oct 2022SEK 29.6bSEK 3.4bSEK 90.9m85.4x326.2x8.7x
Fri, 09 Sep 2022SEK 30.5bSEK 3.4bSEK 94.3m89.4x323.7x9x
Sun, 07 Aug 2022SEK 41.7bSEK 3.3bSEK 94.3m110.3x441.9x12.7x
Tue, 05 Jul 2022SEK 33.9bSEK 3.3bSEK 106.1m86.6x319x10.3x
Thu, 02 Jun 2022SEK 34.6bSEK 3.2bSEK 127.3m82.1x271.5x10.9x
Sat, 30 Apr 2022SEK 30.1bSEK 3.1bSEK 120.6m72.2x249.5x9.7x
Mon, 28 Mar 2022SEK 34.3bSEK 3.1bSEK 114.5m80.4x300x11.1x
Wed, 23 Feb 2022SEK 33.9bSEK 3.0bSEK 104.3m85.3x325.2x11.4x
Price to Earnings Ratio

325.2x


Total Market Cap: SEK 33.9bTotal Earnings: SEK 104.3mTotal Revenue: SEK 3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 182.5x202320242025
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 124x which is lower than its 3-year average PE of 183x.
  • The 3-year average PS ratio of 9.9x is lower than the industry's current PS ratio of 11.7x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 66% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Market2.63%
Healthcare-0.19%
Healthtech2.63%
Healthtech2.63%
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
SECT B SectraSEK 256.951.9%
+SEK 944.1m
18.3%PE128.8x
RAY B RaySearch LaboratoriesSEK 260.006.1%
+SEK 514.2m
178.4%PE50.9x
CARA CarasentSEK 23.965.3%
+SEK 87.9m
n/aPS6.8x
AINO Aino HealthSEK 0.2025.6%
+SEK 8.4m
-54.0%PS1.7x
KONT Kontigo CareSEK 2.448.9%
+SEK 6.4m
10.4%PE100.9x
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Latest News

MNTC

SEK 24.00

Mentice

7D

0.4%

1Y

-29.6%

IZAFE B

SEK 0.24

iZafe Group

7D

4.4%

1Y

-9.5%

QCORE

SEK 4.34

Qlucore

7D

-4.8%

1Y

-36.2%

AINO

SEK 0.20

Aino Health

7D

25.6%

1Y

-54.0%

KONT

SEK 2.44

Kontigo Care

7D

8.9%

1Y

10.4%

RAY B

SEK 260.00

RaySearch Laboratories

7D

6.1%

1Y

178.4%

ORTI B

SEK 1.60

Ortivus

7D

-15.6%

1Y

-51.1%

CARA

SEK 23.96

Carasent

7D

5.3%

1Y

n/a

RIGHTB

SEK 0.0098

RightBridge Ventures Group

7D

-2.0%

1Y

-74.9%