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Swedish (OMX) Healthtech Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies10
  • 7D-1.4%
  • 3M-8.3%
  • 1Y37.9%
  • YTD-10.3%

Over the last 7 days, the Healthtech industry has dropped 4.5%, driven by Sectra declining 0.4%. Meanwhile, Carasent actually outperformed within the industry, gaining 6.6% in the last week. Over the past 12 months, the industry was up 40%. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025SEK 58.0bSEK 5.2bSEK 490.7m62.5x118.3x11.1x
Thu, 19 Dec 2024SEK 62.5bSEK 5.2bSEK 490.7m62.7x127.3x12x
Sat, 16 Nov 2024SEK 7.6bSEK 1.8bSEK 94.2m42.4x80.3x4.2x
Mon, 14 Oct 2024SEK 6.6bSEK 1.9bSEK 81.3m35.5x81.8x3.6x
Wed, 11 Sep 2024SEK 57.4bSEK 5.0bSEK 528.8m40.4x108.6x11.4x
Fri, 09 Aug 2024SEK 50.8bSEK 4.8bSEK 476.0m64.6x106.7x10.6x
Sun, 07 Jul 2024SEK 52.2bSEK 4.8bSEK 459.9m68.6x113.4x10.9x
Tue, 04 Jun 2024SEK 51.2bSEK 4.6bSEK 456.6m69.7x112.1x11.1x
Thu, 02 May 2024SEK 47.9bSEK 4.6bSEK 464.0m75.1x103.2x10.4x
Sat, 30 Mar 2024SEK 46.5bSEK 4.7bSEK 474.0m94x98x9.9x
Mon, 26 Feb 2024SEK 46.2bSEK 4.6bSEK 344.1m115.2x134.4x10.1x
Wed, 24 Jan 2024SEK 42.5bSEK 4.6bSEK 340.3m146.6x124.9x9.3x
Fri, 22 Dec 2023SEK 40.1bSEK 4.6bSEK 340.3m145.3x117.8x8.8x
Sun, 19 Nov 2023SEK 32.7bSEK 4.3bSEK 306.8m120.1x106.4x7.5x
Tue, 17 Oct 2023SEK 29.1bSEK 4.2bSEK 312.6m71x93.1x6.9x
Thu, 14 Sep 2023SEK 35.6bSEK 4.3bSEK 312.7m79.1x113.8x8.4x
Sat, 12 Aug 2023SEK 36.2bSEK 4.1bSEK 292.2m95x123.9x8.9x
Mon, 10 Jul 2023SEK 39.5bSEK 4.0bSEK 273.1m90.8x144.5x9.8x
Wed, 07 Jun 2023SEK 45.1bSEK 4.0bSEK 346.1m107.9x130.4x11.2x
Fri, 05 May 2023SEK 37.9bSEK 3.9bSEK 301.5m100x125.8x9.8x
Sun, 02 Apr 2023SEK 37.1bSEK 3.9bSEK 233.5m102.5x158.8x9.6x
Tue, 28 Feb 2023SEK 33.8bSEK 3.7bSEK 191.2m61.5x176.8x9.2x
Thu, 26 Jan 2023SEK 36.6bSEK 3.7bSEK 159.7m67.3x229.5x10x
Sat, 24 Dec 2022SEK 34.6bSEK 3.7bSEK 159.7m66.2x216.7x9.5x
Mon, 21 Nov 2022SEK 37.9bSEK 3.4bSEK 91.9m78.2x412.9x11x
Wed, 19 Oct 2022SEK 31.3bSEK 3.4bSEK 90.9m84.9x344.2x9.2x
Fri, 16 Sep 2022SEK 29.5bSEK 3.4bSEK 94.3m84x313.2x8.7x
Sun, 14 Aug 2022SEK 41.2bSEK 3.3bSEK 94.2m108.5x437.4x12.5x
Tue, 12 Jul 2022SEK 37.5bSEK 3.3bSEK 106.3m96.2x352.4x11.4x
Thu, 09 Jun 2022SEK 34.1bSEK 3.3bSEK 107.2m86.1x318.1x10.4x
Sat, 07 May 2022SEK 28.2bSEK 3.1bSEK 122.3m67.4x230.3x9x
Mon, 04 Apr 2022SEK 35.9bSEK 3.1bSEK 114.5m84.5x313.6x11.6x
Wed, 02 Mar 2022SEK 35.9bSEK 3.0bSEK 100.6m89.2x356.6x12x
Fri, 28 Jan 2022SEK 35.5bSEK 2.9bSEK 117.9m86.7x301.3x12.1x
Price to Earnings Ratio

301.3x


Total Market Cap: SEK 35.5bTotal Earnings: SEK 117.9mTotal Revenue: SEK 2.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 187.2x202320242025
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 120x which is lower than its 3-year average PE of 187x.
  • The 3-year average PS ratio of 9.9x is lower than the industry's current PS ratio of 11.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 61% 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 Market4.42%
Healthcare1.47%
Healthtech-1.43%
Healthtech-1.43%
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 22.506.6%
+SEK 101.3m		n/aPS6.3x
MNTC MenticeSEK 25.201.6%
+SEK 10.2m		-47.9%PS2.3x
ORTI B OrtivusSEK 1.8113.1%
+SEK 9.3m		-42.4%PS1x
AINO Aino HealthSEK 0.2315.3%
+SEK 6.3m		-41.8%PS2x
MEDHLP Medhelp Care AktiebolagSEK 2.887.5%
+SEK 6.1m		-16.0%PS1x
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Latest News

MNTC

SEK 25.20

Mentice

7D

1.6%

1Y

-47.9%

Mentice (STO:MNTC) Is In A Strong Position To Grow Its Business

Jan 16
Mentice (STO:MNTC) Is In A Strong Position To Grow Its Business

SECT B

SEK 247.45

Sectra

7D

-1.4%

1Y

33.3%

Sectra AB (publ)'s (STO:SECT B) Intrinsic Value Is Potentially 22% Below Its Share Price

Jan 14
Sectra AB (publ)'s (STO:SECT B) Intrinsic Value Is Potentially 22% Below Its Share Price

RAY B

SEK 223.00

RaySearch Laboratories

7D

-3.5%

1Y

134.7%

ORTI B

SEK 1.81

Ortivus

7D

13.1%

1Y

-42.4%

PTRK

SEK 8.32

Physitrack

7D

2.0%

1Y

-48.6%

MEDHLP

SEK 2.88

Medhelp Care Aktiebolag

7D

7.5%

1Y

-16.0%

CARA

SEK 22.50

Carasent

7D

6.6%

1Y

n/a

RIGHTB

SEK 0.011

RightBridge Ventures Group

7D

-8.2%

1Y

-74.3%

QCORE

SEK 5.25

Qlucore

7D

-1.9%

1Y

-27.1%

AINO

SEK 0.23

Aino Health

7D

15.3%

1Y

-41.8%

KONT

SEK 2.52

Kontigo Care

7D

-3.1%

1Y

0.8%

IZAFE B

SEK 0.23

iZafe Group

7D

0.9%

1Y

-12.3%