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Swedish (OMX) Healthtech Industry Analysis

UpdatedAug 06, 2024
DataAggregated Company Financials
Companies9
  • 7D-4.9%
  • 3M1.8%
  • 1Y37.9%
  • YTD27.5%

Over the last 7 days, the Healthtech industry has dropped 4.9%, driven by a pullback from Sectra of 4.5%. In contrast, Aino Health has gained 18%. Over the past 12 months, the industry was up 38%. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Aug 2024SEK 49.7bSEK 4.8bSEK 476.3m63.6x104.3x10.4x
Thu, 04 Jul 2024SEK 52.5bSEK 4.8bSEK 459.7m69.6x114.3x11x
Sat, 01 Jun 2024SEK 52.7bSEK 4.6bSEK 456.8m68.4x115.3x11.4x
Mon, 29 Apr 2024SEK 49.4bSEK 4.7bSEK 473.9m100.6x104.2x10.5x
Wed, 27 Mar 2024SEK 46.5bSEK 4.7bSEK 473.7m94.6x98.2x9.9x
Fri, 23 Feb 2024SEK 46.4bSEK 4.6bSEK 315.5m115.2x147.2x10.2x
Sun, 21 Jan 2024SEK 42.0bSEK 4.6bSEK 340.3m144x123.4x9.2x
Tue, 19 Dec 2023SEK 36.9bSEK 4.6bSEK 340.3m133.4x108.3x8.1x
Thu, 16 Nov 2023SEK 32.5bSEK 4.3bSEK 294.4m118.8x110.5x7.6x
Sat, 14 Oct 2023SEK 29.6bSEK 4.2bSEK 312.6m74.4x94.7x7x
Mon, 11 Sep 2023SEK 37.0bSEK 4.3bSEK 312.7m82.7x118.3x8.7x
Wed, 09 Aug 2023SEK 36.6bSEK 4.1bSEK 292.2m97.3x125.3x9x
Fri, 07 Jul 2023SEK 38.9bSEK 4.0bSEK 273.1m93.2x142.3x9.7x
Sun, 04 Jun 2023SEK 43.4bSEK 4.0bSEK 346.1m105.7x125.5x10.8x
Tue, 02 May 2023SEK 36.8bSEK 3.9bSEK 294.6m96.3x124.8x9.5x
Thu, 30 Mar 2023SEK 38.5bSEK 3.9bSEK 233.6m103.7x164.8x10x
Sat, 25 Feb 2023SEK 33.4bSEK 3.7bSEK 191.2m60.9x174.9x9.1x
Mon, 23 Jan 2023SEK 36.8bSEK 3.7bSEK 159.7m68.2x230.8x10.1x
Wed, 21 Dec 2022SEK 33.8bSEK 3.7bSEK 159.7m65.2x211.6x9.2x
Fri, 18 Nov 2022SEK 37.6bSEK 3.4bSEK 89.5m97.9x420.3x11x
Sun, 16 Oct 2022SEK 30.7bSEK 3.4bSEK 90.9m86.6x338.2x9x
Tue, 13 Sep 2022SEK 31.7bSEK 3.4bSEK 94.3m87.4x335.6x9.3x
Thu, 11 Aug 2022SEK 41.9bSEK 3.3bSEK 94.3m110.5x443.8x12.7x
Sat, 09 Jul 2022SEK 36.7bSEK 3.3bSEK 106.3m93.7x345.3x11.1x
Mon, 06 Jun 2022SEK 34.8bSEK 3.3bSEK 107.2m88.7x325x10.6x
Wed, 04 May 2022SEK 29.5bSEK 3.1bSEK 122.4m70.8x241.4x9.5x
Fri, 01 Apr 2022SEK 35.6bSEK 3.1bSEK 114.5m83.7x310.9x11.5x
Sun, 27 Feb 2022SEK 35.0bSEK 3.0bSEK 102.6m87.3x340.8x11.7x
Tue, 25 Jan 2022SEK 34.6bSEK 2.9bSEK 117.0m84.9x295.9x11.8x
Thu, 23 Dec 2021SEK 44.6bSEK 2.9bSEK 129.6m111.1x344x15.3x
Sat, 20 Nov 2021SEK 55.8bSEK 2.9bSEK 145.1m141.9x384.7x19.3x
Mon, 18 Oct 2021SEK 45.4bSEK 2.8bSEK 34.3m135.5x1321.5x16.2x
Wed, 15 Sep 2021SEK 46.2bSEK 2.8bSEK 34.4m136.6x1341.1x16.5x
Fri, 13 Aug 2021SEK 39.3bSEK 2.8bSEK 28.7m124.4x1368.8x14x
Price to Earnings Ratio

1368.8x


Total Market Cap: SEK 39.3bTotal Earnings: SEK 28.7mTotal Revenue: SEK 2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 370.2x202220232024
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 104x which is lower than its 3-year average PE of 370x.
  • The industry is trading close to its 3-year average PS ratio of 10.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 155% per year over the last three years.
  • Revenues for these companies have grown 20% 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-6.69%
Healthcare-6.08%
Healthtech-4.91%
Healthtech-4.91%
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
AINO Aino HealthSEK 0.1417.8%
+SEK 1.8m		-66.1%PS0.5x
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