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Swedish (OMX) Healthtech Industry Analysis

UpdatedMay 10, 2025
DataAggregated Company Financials
Companies10
  • 7D3.9%
  • 3M21.9%
  • 1Y38.7%
  • YTD12.6%

The Healthtech industry is up 3.9% in the last week, with RaySearch Laboratories up 20%. Meanwhile, Mentice actually underperformed within the industry, shrinking 20% in the last week. This takes the industry's 12 month performance to a gain of 39%. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 May 2025SEK 73.3bSEK 5.5bSEK 639.5m75.7x114.7x13.3x
Mon, 07 Apr 2025SEK 56.4bSEK 5.4bSEK 614.4m62.9x91.8x10.4x
Wed, 05 Mar 2025SEK 55.5bSEK 5.2bSEK 409.7m76.1x135.5x10.6x
Fri, 31 Jan 2025SEK 59.0bSEK 5.2bSEK 490.7m64.7x120.2x11.3x
Sun, 29 Dec 2024SEK 63.3bSEK 5.2bSEK 490.7m62.2x129x12.2x
Tue, 26 Nov 2024SEK 8.1bSEK 1.8bSEK 116.8m40.2x69x4.4x
Thu, 24 Oct 2024SEK 61.6bSEK 5.0bSEK 531.6m42x115.9x12.3x
Sat, 21 Sep 2024SEK 58.4bSEK 5.0bSEK 528.6m42.3x110.6x11.6x
Mon, 19 Aug 2024SEK 53.1bSEK 4.9bSEK 514.3m60x103.2x10.8x
Wed, 17 Jul 2024SEK 52.2bSEK 4.8bSEK 460.5m68.1x113.5x10.9x
Fri, 14 Jun 2024SEK 55.9bSEK 4.8bSEK 459.5m72.1x121.6x11.7x
Sun, 12 May 2024SEK 51.4bSEK 4.6bSEK 438.5m81.4x117.2x11.2x
Tue, 09 Apr 2024SEK 47.4bSEK 4.7bSEK 473.7m95.6x100.1x10.1x
Thu, 07 Mar 2024SEK 47.0bSEK 4.6bSEK 487.4m92.7x96.5x10.3x
Sat, 03 Feb 2024SEK 42.9bSEK 4.6bSEK 339.8m232.5x126.3x9.4x
Mon, 01 Jan 2024SEK 40.9bSEK 4.6bSEK 340.3m144x120.3x9x
Wed, 29 Nov 2023SEK 32.0bSEK 4.3bSEK 306.8m123.5x104.2x7.4x
Fri, 27 Oct 2023SEK 29.1bSEK 4.3bSEK 311.8m72.1x93.4x6.8x
Sun, 24 Sep 2023SEK 31.5bSEK 4.3bSEK 312.7m70.3x100.9x7.4x
Tue, 22 Aug 2023SEK 36.6bSEK 4.1bSEK 294.3m75.8x124.4x9x
Thu, 20 Jul 2023SEK 37.7bSEK 4.0bSEK 273.1m97.6x137.9x9.4x
Sat, 17 Jun 2023SEK 41.8bSEK 4.0bSEK 273.1m102.4x152.9x10.4x
Mon, 15 May 2023SEK 39.4bSEK 3.9bSEK 301.7m103.9x130.6x10.1x
Wed, 12 Apr 2023SEK 39.0bSEK 3.9bSEK 295.0m106.6x132.2x10.1x
Fri, 10 Mar 2023SEK 33.7bSEK 3.8bSEK 224.1m100.7x150.5x9x
Sun, 05 Feb 2023SEK 37.4bSEK 3.7bSEK 159.6m71.3x234.6x10.2x
Tue, 03 Jan 2023SEK 35.0bSEK 3.7bSEK 159.7m66.9x219.2x9.6x
Thu, 01 Dec 2022SEK 38.3bSEK 3.5bSEK 132.2m78.4x289.5x10.9x
Sat, 29 Oct 2022SEK 33.7bSEK 3.4bSEK 92.0m89.8x366.8x9.9x
Mon, 26 Sep 2022SEK 28.6bSEK 3.4bSEK 90.9m83.4x314.2x8.4x
Wed, 24 Aug 2022SEK 39.3bSEK 3.3bSEK 105.0m103.5x374.6x11.9x
Fri, 22 Jul 2022SEK 39.7bSEK 3.3bSEK 106.6m104.6x372.7x12.1x
Sun, 19 Jun 2022SEK 31.3bSEK 3.3bSEK 106.3m79.1x294x9.5x
Tue, 17 May 2022SEK 31.2bSEK 3.1bSEK 120.7m73.4x258.2x10x
Price to Earnings Ratio

258.2x


Total Market Cap: SEK 31.2bTotal Earnings: SEK 120.7mTotal Revenue: SEK 3.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 168x202320242025
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 115x which is lower than its 3-year average PE of 168x.
  • The 3-year average PS ratio of 9.9x is lower than the industry's current PS ratio of 13.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 74% 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-0.36%
Healthcare0.47%
Healthtech3.89%
Healthtech3.89%
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
RAY B RaySearch LaboratoriesSEK 314.5020.0%
+SEK 1.9b		137.2%PE51x
SECT B SectraSEK 307.401.7%
+SEK 963.3m		30.4%PE100.3x
MEDHLP Medhelp Care AktiebolagSEK 4.1820.8%
+SEK 21.9m		30.6%PE30.8x
KONT Kontigo CareSEK 2.6212.4%
+SEK 10.2m		13.9%PE119.2x
IZAFE B iZafe GroupSEK 0.262.8%
+SEK 2.2m		15.8%PS13.6x
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Latest News

ORTI B

SEK 1.34

Ortivus

7D

-4.3%

1Y

-46.0%

RAY B

SEK 314.50

RaySearch Laboratories

7D

20.0%

1Y

137.2%

MEDHLP

SEK 4.18

Medhelp Care Aktiebolag

7D

20.8%

1Y

30.6%

KONT

SEK 2.62

Kontigo Care

7D

12.4%

1Y

13.9%

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May 09
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QCORE

SEK 1.20

Qlucore

7D

-27.7%

1Y

-85.2%

AINO

SEK 0.18

Aino Health

7D

0.5%

1Y

-37.1%

SECT B

SEK 307.40

Sectra

7D

1.7%

1Y

30.4%

What Sectra AB (publ)'s (STO:SECT B) 25% Share Price Gain Is Not Telling You

May 06
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CARA

SEK 24.30

Carasent

7D

-2.6%

1Y

n/a

PTRK

SEK 11.60

Physitrack

7D

-3.3%

1Y

-28.8%

IZAFE B

SEK 0.26

iZafe Group

7D

2.8%

1Y

15.8%

MNTC

SEK 16.35

Mentice

7D

-19.9%

1Y

-46.4%