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Swedish (OMX) Healthtech Industry Analysis

UpdatedJun 25, 2024
DataAggregated Company Financials
Companies9
  • 7D-1.6%
  • 3M17.8%
  • 1Y39.8%
  • YTD37.3%

Over the last 7 days, the Healthtech industry has dropped 1.6%, driven by a pullback from Sectra of 1.2%. In the past year, the industry has gained 40%. 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
Wed, 26 Jun 2024SEK 53.5bSEK 4.8bSEK 459.5m69.8x116.4x11.2x
Fri, 24 May 2024SEK 52.9bSEK 4.6bSEK 457.4m67.5x115.6x11.5x
Sun, 21 Apr 2024SEK 46.6bSEK 4.7bSEK 474.4m94.3x98.3x9.9x
Tue, 19 Mar 2024SEK 46.0bSEK 4.7bSEK 473.3m93.6x97.2x9.8x
Thu, 15 Feb 2024SEK 46.7bSEK 4.6bSEK 327.9m226.2x142.4x10.2x
Sat, 13 Jan 2024SEK 40.9bSEK 4.6bSEK 340.3m139.5x120.2x9x
Mon, 11 Dec 2023SEK 33.5bSEK 4.3bSEK 283.6m135x118.1x7.7x
Wed, 08 Nov 2023SEK 30.7bSEK 4.3bSEK 319.8m71.4x95.9x7.2x
Fri, 06 Oct 2023SEK 29.7bSEK 4.2bSEK 312.6m66.2x95x7x
Sun, 03 Sep 2023SEK 38.1bSEK 4.1bSEK 316.4m86.1x120.5x9.2x
Tue, 01 Aug 2023SEK 37.8bSEK 4.0bSEK 292.2m98.8x129.4x9.3x
Thu, 29 Jun 2023SEK 38.4bSEK 4.0bSEK 273.1m96.4x140.5x9.5x
Sat, 27 May 2023SEK 39.3bSEK 3.9bSEK 304.3m108.9x129.1x10x
Mon, 24 Apr 2023SEK 38.1bSEK 3.9bSEK 294.6m101.2x129.2x9.9x
Wed, 22 Mar 2023SEK 36.9bSEK 3.9bSEK 233.5m101.9x158.1x9.6x
Fri, 17 Feb 2023SEK 36.5bSEK 3.6bSEK 185.9m65.8x196.6x10x
Sun, 15 Jan 2023SEK 35.7bSEK 3.7bSEK 159.6m65.6x223.9x9.8x
Tue, 13 Dec 2022SEK 39.3bSEK 3.5bSEK 132.2m78.6x297.4x11.2x
Thu, 10 Nov 2022SEK 36.0bSEK 3.4bSEK 92.0m92.3x391.1x10.5x
Sat, 08 Oct 2022SEK 30.2bSEK 3.4bSEK 90.9m83.8x332.3x8.9x
Mon, 05 Sep 2022SEK 32.3bSEK 3.4bSEK 94.3m92.5x342.4x9.5x
Wed, 03 Aug 2022SEK 41.4bSEK 3.3bSEK 94.3m109.5x438.7x12.6x
Fri, 01 Jul 2022SEK 33.0bSEK 3.3bSEK 106.2m84.5x310.7x10x
Sun, 29 May 2022SEK 32.4bSEK 3.2bSEK 127.2m76.6x254.4x10.2x
Tue, 26 Apr 2022SEK 32.3bSEK 3.1bSEK 115.3m76.8x280.4x10.4x
Thu, 24 Mar 2022SEK 34.6bSEK 3.1bSEK 114.5m80.8x302.3x11.2x
Sat, 19 Feb 2022SEK 34.5bSEK 3.0bSEK 108.6m86x317.7x11.6x
Mon, 17 Jan 2022SEK 40.4bSEK 2.9bSEK 129.6m99.6x311.4x13.9x
Wed, 15 Dec 2021SEK 43.8bSEK 2.9bSEK 129.6m109.6x337.7x15x
Fri, 12 Nov 2021SEK 52.1bSEK 2.9bSEK 10.2m129.1x5109x18.1x
Sun, 10 Oct 2021SEK 43.1bSEK 2.8bSEK 34.4m134.9x1252.4x15.4x
Tue, 07 Sep 2021SEK 48.7bSEK 2.8bSEK 34.4m139.3x1414.2x17.4x
Thu, 05 Aug 2021SEK 38.4bSEK 2.8bSEK 28.7m130x1337.9x13.7x
Price to Earnings Ratio

-1225.6x


Total Market Cap: SEK 33.7bTotal Earnings: -SEK 27,531,958.17Total Revenue: SEK 2.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 340.5x202220232024
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 116x which is lower than its 3-year average PE of 341x.
  • The industry is trading close to its 3-year average PS ratio of 11.0x.
Past Earnings Growth
  • Total earnings for the Healthcare Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Healthcare industry?

SE Market1.37%
Healthcare0.89%
Healthtech-1.57%
Healthtech-1.57%
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
MNTC MenticeSEK 28.302.5%
+SEK 17.9m		-24.7%PS2.8x
IZAFE B iZafe GroupSEK 0.235.4%
+SEK 3.3m		20.0%PS12.9x
KONT Kontigo CareSEK 2.280.9%
+SEK 640.9k		-30.1%PE94x
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1Y

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7D

-7.1%

1Y

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SEK 28.30

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7D

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1Y

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MEDHLP

SEK 2.78

Medhelp Care Aktiebolag

7D

-2.1%

1Y

-28.9%

IZAFE B

SEK 0.23

iZafe Group

7D

5.4%

1Y

20.0%

KONT

SEK 2.28

Kontigo Care

7D

0.9%

1Y

-30.1%

AGILIT

SEK 0.12

Agilit Holding

7D

-29.0%

1Y

n/a