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Swedish (OMX) Healthtech Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies10
  • 7D-0.3%
  • 3M3.6%
  • 1Y56.9%
  • YTD53.7%

In the last week, Healthtech has been flat. The past year has been better, since the industry has gained 57% in that time. 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
Sun, 22 Dec 2024SEK 62.3bSEK 5.2bSEK 490.8m64.6x126.9x12x
Tue, 19 Nov 2024SEK 7.6bSEK 1.8bSEK 93.1m44x81.7x4.3x
Thu, 17 Oct 2024SEK 62.8bSEK 5.0bSEK 528.7m41.5x118.8x12.5x
Sat, 14 Sep 2024SEK 58.8bSEK 5.0bSEK 528.5m41.5x111.3x11.7x
Mon, 12 Aug 2024SEK 51.3bSEK 4.8bSEK 476.0m64.5x107.8x10.7x
Wed, 10 Jul 2024SEK 51.7bSEK 4.8bSEK 460.0m67.2x112.3x10.8x
Fri, 07 Jun 2024SEK 50.1bSEK 4.8bSEK 459.7m71.6x109x10.5x
Sun, 05 May 2024SEK 48.1bSEK 4.6bSEK 440.8m75.1x109.1x10.5x
Tue, 02 Apr 2024SEK 46.5bSEK 4.7bSEK 473.9m94x98x9.9x
Thu, 29 Feb 2024SEK 46.2bSEK 4.6bSEK 344.1m115.2x134.4x10.1x
Sat, 27 Jan 2024SEK 42.5bSEK 4.6bSEK 340.3m142.1x124.9x9.3x
Mon, 25 Dec 2023SEK 39.9bSEK 4.6bSEK 340.3m141.4x117.2x8.7x
Wed, 22 Nov 2023SEK 32.1bSEK 4.3bSEK 306.8m120.4x104.6x7.4x
Fri, 20 Oct 2023SEK 28.7bSEK 4.2bSEK 312.6m67.5x91.8x6.8x
Sun, 17 Sep 2023SEK 35.1bSEK 4.3bSEK 312.7m77.8x112.3x8.3x
Tue, 15 Aug 2023SEK 36.1bSEK 4.1bSEK 292.2m95.1x123.5x8.9x
Thu, 13 Jul 2023SEK 37.1bSEK 4.0bSEK 273.1m94.1x135.9x9.2x
Sat, 10 Jun 2023SEK 41.8bSEK 4.0bSEK 278.4m102.3x150.2x10.4x
Mon, 08 May 2023SEK 39.7bSEK 3.9bSEK 299.7m104.3x132.3x10.2x
Wed, 05 Apr 2023SEK 38.1bSEK 3.9bSEK 295.0m104.2x129.3x9.9x
Fri, 03 Mar 2023SEK 33.7bSEK 3.7bSEK 227.4m101.6x148x9x
Sun, 29 Jan 2023SEK 35.6bSEK 3.7bSEK 159.7m67.6x222.8x9.7x
Tue, 27 Dec 2022SEK 34.6bSEK 3.7bSEK 159.7m66.2x216.7x9.5x
Thu, 24 Nov 2022SEK 39.2bSEK 3.4bSEK 100.1m80x392.1x11.4x
Sat, 22 Oct 2022SEK 31.1bSEK 3.4bSEK 90.9m85.1x342.6x9.1x
Mon, 19 Sep 2022SEK 29.2bSEK 3.4bSEK 94.2m83.8x310.2x8.6x
Wed, 17 Aug 2022SEK 41.4bSEK 3.3bSEK 94.2m109.5x439.7x12.6x
Fri, 15 Jul 2022SEK 36.3bSEK 3.3bSEK 106.4m93.6x341x11x
Sun, 12 Jun 2022SEK 32.3bSEK 3.3bSEK 107.1m81.3x302x9.8x
Tue, 10 May 2022SEK 27.0bSEK 3.1bSEK 122.2m65x221.1x8.7x
Thu, 07 Apr 2022SEK 36.1bSEK 3.1bSEK 114.5m86.9x315x11.7x
Sat, 05 Mar 2022SEK 35.6bSEK 3.0bSEK 103.2m88.9x344.7x11.8x
Mon, 31 Jan 2022SEK 35.9bSEK 2.9bSEK 117.8m87.6x304.4x12.2x
Wed, 29 Dec 2021SEK 46.7bSEK 2.9bSEK 129.7m116.6x360.3x16x
Price to Earnings Ratio

360.3x


Total Market Cap: SEK 46.7bTotal Earnings: SEK 129.7mTotal Revenue: SEK 2.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 192.9x202220232024
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 127x which is lower than its 3-year average PE of 193x.
  • The 3-year average PS ratio of 10.0x is lower than the industry's current PS ratio of 12.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 56% 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 Market-2.70%
Healthcare0.53%
Healthtech-0.26%
Healthtech-0.26%
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 22.100.9%
+SEK 14.5m		n/aPS6.2x
MEDHLP Medhelp Care AktiebolagSEK 3.063.4%
+SEK 3.0m		-10.0%PS1x
AINO Aino HealthSEK 0.144.0%
+SEK 1.1m		-66.3%PS1.2x
RIGHTB RightBridge Ventures GroupSEK 0.0121.7%
+SEK 170.9k		-85.7%PS6x
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ORTI B

SEK 1.40

Ortivus

7D

-15.7%

1Y

-63.8%

SECT B

SEK 273.20

Sectra

7D

-0.05%

1Y

55.5%

MNTC

SEK 25.00

Mentice

7D

-4.2%

1Y

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MEDHLP

SEK 3.06

Medhelp Care Aktiebolag

7D

3.4%

1Y

-10.0%

CARA

SEK 22.10

Carasent

7D

0.9%

1Y

n/a

RIGHTB

SEK 0.012

RightBridge Ventures Group

7D

1.7%

1Y

-85.7%

QCORE

SEK 5.05

Qlucore

7D

-4.7%

1Y

-16.5%

AINO

SEK 0.14

Aino Health

7D

4.0%

1Y

-66.3%

RAY B

SEK 204.00

RaySearch Laboratories

7D

-1.7%

1Y

127.9%

KONT

SEK 2.76

Kontigo Care

7D

-2.1%

1Y

2.2%

IZAFE B

SEK 0.21

iZafe Group

7D

-1.0%

1Y

-18.4%

AGILIT

SEK 0.12

Agilit Holding

7D

-29.0%

1Y

n/a