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Swedish (OMX) Healthtech Industry Analysis

UpdatedAug 02, 2024
DataAggregated Company Financials
Companies9
  • 7D1.3%
  • 3M8.9%
  • 1Y47.0%
  • YTD34.5%

The Healthtech industry is up 1.3% in the last week, with Sectra up 0.8%. In the same time, RaySearch Laboratories was down 5.3%. This takes the industry's 12 month performance to a gain of 47%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Aug 2024SEK 52.4bSEK 4.8bSEK 476.3m66x109.9x10.9x
Mon, 01 Jul 2024SEK 52.9bSEK 4.8bSEK 459.9m70.7x115x11.1x
Wed, 29 May 2024SEK 52.4bSEK 4.6bSEK 457.1m64.9x114.7x11.4x
Fri, 26 Apr 2024SEK 48.4bSEK 4.7bSEK 474.5m98.5x102.1x10.3x
Sun, 24 Mar 2024SEK 47.0bSEK 4.7bSEK 473.6m95.6x99.2x10x
Tue, 20 Feb 2024SEK 47.7bSEK 4.6bSEK 319.8m193.6x149x10.5x
Thu, 18 Jan 2024SEK 40.7bSEK 4.6bSEK 340.3m136.9x119.6x8.9x
Sat, 16 Dec 2023SEK 36.9bSEK 4.6bSEK 340.3m133x108.3x8.1x
Mon, 13 Nov 2023SEK 31.1bSEK 4.3bSEK 297.4m73.3x104.7x7.3x
Wed, 11 Oct 2023SEK 31.1bSEK 4.2bSEK 312.6m74.3x99.6x7.3x
Fri, 08 Sep 2023SEK 36.1bSEK 4.3bSEK 323.8m80.5x111.6x8.5x
Sun, 06 Aug 2023SEK 36.7bSEK 4.0bSEK 292.2m98.1x125.6x9.1x
Tue, 04 Jul 2023SEK 38.6bSEK 4.0bSEK 273.1m95.3x141.5x9.6x
Thu, 01 Jun 2023SEK 41.0bSEK 3.9bSEK 304.3m109.3x134.8x10.5x
Sat, 29 Apr 2023SEK 36.8bSEK 3.9bSEK 294.6m96.3x124.8x9.5x
Mon, 27 Mar 2023SEK 37.6bSEK 3.9bSEK 233.5m99.6x161x9.7x
Wed, 22 Feb 2023SEK 35.4bSEK 3.7bSEK 184.5m63.7x191.7x9.7x
Fri, 20 Jan 2023SEK 36.8bSEK 3.7bSEK 159.7m67.4x230.2x10x
Sun, 18 Dec 2022SEK 33.0bSEK 3.5bSEK 132.2m68.1x249.4x9.4x
Tue, 15 Nov 2022SEK 37.7bSEK 3.4bSEK 89.5m95.2x420.6x11x
Thu, 13 Oct 2022SEK 29.5bSEK 3.4bSEK 90.9m85.3x324.2x8.6x
Sat, 10 Sep 2022SEK 31.0bSEK 3.4bSEK 94.3m87.3x328.2x9.1x
Mon, 08 Aug 2022SEK 41.7bSEK 3.3bSEK 94.3m110.3x441.9x12.7x
Wed, 06 Jul 2022SEK 34.3bSEK 3.3bSEK 106.1m88.1x323.6x10.4x
Fri, 03 Jun 2022SEK 34.6bSEK 3.2bSEK 127.3m82.1x271.5x10.9x
Sun, 01 May 2022SEK 30.1bSEK 3.1bSEK 120.6m72.2x249.5x9.7x
Tue, 29 Mar 2022SEK 35.3bSEK 3.1bSEK 114.4m82.9x308.4x11.4x
Thu, 24 Feb 2022SEK 33.9bSEK 3.0bSEK 104.3m84.5x325.2x11.4x
Sat, 22 Jan 2022SEK 36.7bSEK 2.9bSEK 117.1m89.9x313.4x12.5x
Mon, 20 Dec 2021SEK 43.0bSEK 2.9bSEK 129.7m107.3x331.9x14.8x
Wed, 17 Nov 2021SEK 54.2bSEK 2.9bSEK 145.1m135.4x373.2x18.8x
Fri, 15 Oct 2021SEK 45.2bSEK 2.8bSEK 34.4m135.4x1315.2x16.1x
Sun, 12 Sep 2021SEK 48.4bSEK 2.8bSEK 34.4m137.5x1404.7x17.3x
Tue, 10 Aug 2021SEK 38.7bSEK 2.8bSEK 28.7m123.4x1347.6x13.8x
Price to Earnings Ratio

1347.6x


Total Market Cap: SEK 38.7bTotal Earnings: SEK 28.7mTotal Revenue: SEK 2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 373.5x202220232024
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 110x which is lower than its 3-year average PE of 375x.
  • 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-0.60%
Healthcare-2.40%
Healthtech1.33%
Healthtech1.33%
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 0.1221.0%
+SEK 1.8m		-70.5%PS0.4x
Simply Wall St™
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Latest News

MNTC

SEK 31.60

Mentice

7D

-12.5%

1Y

-29.0%

Mentice AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 26
Mentice AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

RAY B

SEK 131.80

RaySearch Laboratories

7D

-6.3%

1Y

82.0%

SECT B

SEK 233.60

Sectra

7D

-2.2%

1Y

43.7%

Sectra's (STO:SECT B) Solid Earnings May Rest On Weak Foundations

Jul 11
Sectra's (STO:SECT B) Solid Earnings May Rest On Weak Foundations

ORTI B

SEK 1.92

Ortivus

7D

-12.7%

1Y

-56.8%

PTRK

SEK 14.70

Physitrack

7D

-3.9%

1Y

-19.9%

RIGHTB

SEK 0.017

RightBridge Ventures Group

7D

-12.1%

1Y

-90.5%

AINO

SEK 0.12

Aino Health

7D

21.0%

1Y

-70.5%

IZAFE B

SEK 0.21

iZafe Group

7D

-8.6%

1Y

10.1%

AGILIT

SEK 0.12

Agilit Holding

7D

-29.0%

1Y

n/a