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Swedish (OMX) Healthtech Industry Analysis

UpdatedSep 09, 2024
DataAggregated Company Financials
Companies10
  • 7D7.2%
  • 3M1.8%
  • 1Y54.0%
  • YTDn/a

In the last week, the Healthtech industry is up 5.2%, with Sectra up 6.3%. This means that the industry has gained 55% over the past year. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Sep 2024SEK 55.6bSEK 5.0bSEK 528.7m40.1x105.2x11.1x
Wed, 07 Aug 2024SEK 49.8bSEK 4.8bSEK 476.1m63.9x104.5x10.4x
Fri, 05 Jul 2024SEK 52.2bSEK 4.8bSEK 459.9m68.7x113.6x10.9x
Sun, 02 Jun 2024SEK 52.7bSEK 4.6bSEK 456.8m68.4x115.3x11.4x
Tue, 30 Apr 2024SEK 48.5bSEK 4.6bSEK 464.0m75.6x104.5x10.5x
Thu, 28 Mar 2024SEK 46.3bSEK 4.7bSEK 473.8m93.7x97.8x9.9x
Sat, 24 Feb 2024SEK 46.3bSEK 4.6bSEK 315.5m115.2x146.7x10.1x
Mon, 22 Jan 2024SEK 42.0bSEK 4.6bSEK 340.3m144x123.4x9.2x
Wed, 20 Dec 2023SEK 39.0bSEK 4.6bSEK 340.3m138.8x114.5x8.5x
Fri, 17 Nov 2023SEK 32.5bSEK 4.3bSEK 294.4m114.3x110.5x7.6x
Sun, 15 Oct 2023SEK 29.6bSEK 4.2bSEK 312.6m74.3x94.7x7x
Tue, 12 Sep 2023SEK 37.1bSEK 4.3bSEK 312.7m82.4x118.7x8.7x
Thu, 10 Aug 2023SEK 36.6bSEK 4.1bSEK 292.2m96.8x125.2x9x
Sat, 08 Jul 2023SEK 39.5bSEK 4.0bSEK 273.1m90.8x144.5x9.8x
Mon, 05 Jun 2023SEK 43.4bSEK 4.0bSEK 346.1m105.7x125.5x10.8x
Wed, 03 May 2023SEK 36.9bSEK 3.9bSEK 301.5m97.6x122.5x9.5x
Fri, 31 Mar 2023SEK 39.3bSEK 3.9bSEK 233.6m105.4x168.3x10.2x
Sun, 26 Feb 2023SEK 33.4bSEK 3.7bSEK 191.2m60.9x174.9x9.1x
Tue, 24 Jan 2023SEK 37.5bSEK 3.7bSEK 159.7m68.6x234.9x10.3x
Thu, 22 Dec 2022SEK 34.5bSEK 3.7bSEK 159.7m66.7x216.1x9.4x
Sat, 19 Nov 2022SEK 37.9bSEK 3.4bSEK 90.9m97.2x417.4x11x
Mon, 17 Oct 2022SEK 30.7bSEK 3.4bSEK 90.9m86.6x338.2x9x
Wed, 14 Sep 2022SEK 31.7bSEK 3.4bSEK 94.3m87.4x335.6x9.3x
Fri, 12 Aug 2022SEK 41.6bSEK 3.3bSEK 94.3m109.8x441.4x12.6x
Sun, 10 Jul 2022SEK 36.7bSEK 3.3bSEK 106.3m93.7x345.3x11.1x
Tue, 07 Jun 2022SEK 34.8bSEK 3.3bSEK 107.2m88.7x325x10.6x
Thu, 05 May 2022SEK 28.9bSEK 3.1bSEK 122.4m68.9x236.5x9.3x
Sat, 02 Apr 2022SEK 35.9bSEK 3.1bSEK 114.5m84.5x313.6x11.6x
Mon, 28 Feb 2022SEK 35.0bSEK 3.0bSEK 102.6m87.3x340.8x11.7x
Wed, 26 Jan 2022SEK 33.7bSEK 2.9bSEK 117.1m82x287.9x11.5x
Fri, 24 Dec 2021SEK 45.5bSEK 2.9bSEK 129.6m113.7x350.8x15.6x
Sun, 21 Nov 2021SEK 55.8bSEK 2.9bSEK 149.3m141.7x374.1x19.2x
Tue, 19 Oct 2021SEK 45.7bSEK 2.8bSEK 34.4m135.9x1330x16.3x
Thu, 16 Sep 2021SEK 46.3bSEK 2.8bSEK 34.4m139.5x1345x16.5x
Price to Earnings Ratio

1345x


Total Market Cap: SEK 46.3bTotal Earnings: SEK 34.4mTotal Revenue: SEK 2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 328.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Health Care Technology 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 105x which is lower than its 3-year average PE of 330x.
  • The industry is trading close to its 3-year average PS ratio of 10.8x.
Past Earnings Growth
  • The earnings for companies in the Health Care Technology industry have grown 149% per year over the last three years.
  • Revenues for these companies have grown 22% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Swedish Healthtech compare with similar industries?

SE Market-3.72%
Healthcare-1.00%
Healthtech7.21%
Healthtech7.21%
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 255.408.2%
+SEK 3.7b		55.4%PE110x
MNTC MenticeSEK 27.408.7%
+SEK 56.3m		-24.9%PS2.5x
RIGHTB RightBridge Ventures GroupSEK 0.02210.1%
+SEK 1.7m		-84.8%PS6x
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Latest News

SECT B

SEK 255.40

Sectra

7D

8.2%

1Y

55.4%

QCORE

SEK 7.20

Qlucore

7D

-12.7%

1Y

-26.9%

IZAFE B

SEK 0.20

iZafe Group

7D

-7.3%

1Y

-24.1%

RIGHTB

SEK 0.022

RightBridge Ventures Group

7D

10.1%

1Y

-84.8%

MNTC

SEK 27.40

Mentice

7D

8.7%

1Y

-24.9%

Mentice AB (publ)'s (STO:MNTC) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors

Aug 31
Mentice AB (publ)'s (STO:MNTC) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors

KONT

SEK 2.50

Kontigo Care

7D

-8.1%

1Y

24.4%

RAY B

SEK 151.80

RaySearch Laboratories

7D

-0.4%

1Y

83.8%

ORTI B

SEK 1.67

Ortivus

7D

-4.0%

1Y

-27.6%

PTRK

SEK 12.10

Physitrack

7D

-5.5%

1Y

-26.7%

MEDHLP

SEK 2.60

Medhelp Care Aktiebolag

7D

-3.0%

1Y

-21.5%

AGILIT

SEK 0.12

Agilit Holding

7D

-29.0%

1Y

n/a