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Swedish (OMX) Healthtech Industry Analysis

UpdatedAug 18, 2024
DataAggregated Company Financials
Companies10
  • 7D3.4%
  • 3M1.1%
  • 1Y48.5%
  • YTD36.1%

In the last week, the Healthtech industry is up 3.4%, with RaySearch Laboratories up 23%. Meanwhile, Physitrack actually underperformed within the industry, shrinking 13% in the last week. In the last 12 months, the industry was up 49%. 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
Sun, 18 Aug 2024SEK 53.1bSEK 4.9bSEK 514.3m60x103.2x10.8x
Tue, 16 Jul 2024SEK 51.9bSEK 4.8bSEK 460.5m66.2x112.7x10.9x
Thu, 13 Jun 2024SEK 54.6bSEK 4.8bSEK 459.5m71.6x118.9x11.4x
Sat, 11 May 2024SEK 51.4bSEK 4.6bSEK 438.5m81.4x117.2x11.2x
Mon, 08 Apr 2024SEK 46.7bSEK 4.7bSEK 473.9m94x98.5x9.9x
Wed, 06 Mar 2024SEK 46.0bSEK 4.6bSEK 487.6m90.5x94.4x10.1x
Fri, 02 Feb 2024SEK 43.6bSEK 4.6bSEK 340.3m142.7x128x9.5x
Sun, 31 Dec 2023SEK 40.9bSEK 4.6bSEK 340.3m144x120.3x9x
Tue, 28 Nov 2023SEK 33.0bSEK 4.3bSEK 306.8m126x107.4x7.6x
Thu, 26 Oct 2023SEK 28.6bSEK 4.3bSEK 311.8m68.4x91.6x6.7x
Sat, 23 Sep 2023SEK 31.5bSEK 4.3bSEK 312.7m70.3x100.9x7.4x
Mon, 21 Aug 2023SEK 36.6bSEK 4.1bSEK 294.3m74.9x124.4x9x
Wed, 19 Jul 2023SEK 36.8bSEK 4.0bSEK 273.1m94.7x134.9x9.2x
Fri, 16 Jun 2023SEK 42.2bSEK 4.0bSEK 273.1m104x154.5x10.5x
Sun, 14 May 2023SEK 39.4bSEK 3.9bSEK 301.7m103.9x130.6x10.1x
Tue, 11 Apr 2023SEK 38.2bSEK 3.9bSEK 295.0m104.2x129.4x9.9x
Thu, 09 Mar 2023SEK 34.2bSEK 3.8bSEK 224.1m102.5x152.4x9.1x
Sat, 04 Feb 2023SEK 37.4bSEK 3.7bSEK 159.6m71.3x234.6x10.2x
Mon, 02 Jan 2023SEK 34.5bSEK 3.7bSEK 159.7m65.9x216x9.4x
Wed, 30 Nov 2022SEK 38.2bSEK 3.4bSEK 100.0m77.7x381.6x11.1x
Fri, 28 Oct 2022SEK 33.6bSEK 3.4bSEK 92.0m90x365.4x9.9x
Sun, 25 Sep 2022SEK 28.6bSEK 3.4bSEK 90.9m83.4x314.2x8.4x
Tue, 23 Aug 2022SEK 39.5bSEK 3.3bSEK 100.2m104.6x394.1x12x
Thu, 21 Jul 2022SEK 38.6bSEK 3.3bSEK 106.5m100.3x361.9x11.7x
Sat, 18 Jun 2022SEK 31.3bSEK 3.3bSEK 106.3m79.1x294x9.5x
Mon, 16 May 2022SEK 30.1bSEK 3.1bSEK 120.7m71.8x249.6x9.7x
Wed, 13 Apr 2022SEK 34.8bSEK 3.1bSEK 114.6m83.9x303.8x11.3x
Fri, 11 Mar 2022SEK 31.2bSEK 1.2bSEK 114.3m73.7x273.4x25.5x
Sun, 06 Feb 2022SEK 35.9bSEK 3.0bSEK 110.3m87.2x325.2x12.1x
Tue, 04 Jan 2022SEK 47.6bSEK 2.9bSEK 129.6m119.2x367.4x16.4x
Thu, 02 Dec 2021SEK 52.2bSEK 2.9bSEK 136.1m132.1x383.4x18x
Sat, 30 Oct 2021SEK 49.3bSEK 2.9bSEK 12.6m121.7x3904.2x17.1x
Mon, 27 Sep 2021SEK 48.0bSEK 2.8bSEK 34.4m147.4x1394.1x17.1x
Wed, 25 Aug 2021SEK 41.3bSEK 2.8bSEK 28.7m137x1438.5x14.7x
Price to Earnings Ratio

1438.5x


Total Market Cap: SEK 41.3bTotal Earnings: SEK 28.7mTotal Revenue: SEK 2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 356.5x202220232024
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 103x which is lower than its 3-year average PE of 356x.
  • 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 162% 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 Market2.33%
Healthcare4.09%
Healthtech3.41%
Healthtech3.41%
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 162.0023.1%
+SEK 1.0b		150.4%PE36.7x
SECT B SectraSEK 240.001.6%
+SEK 732.1m		45.8%PE107.9x
MNTC MenticeSEK 28.701.4%
+SEK 10.2m		-26.6%PS2.6x
AINO Aino HealthSEK 0.1622.3%
+SEK 2.5m		-58.5%PS0.6x
RIGHTB RightBridge Ventures GroupSEK 0.0214.6%
+SEK 2.2m		-87.9%PS3.9x
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Latest News

AINO

SEK 0.16

Aino Health

7D

22.3%

1Y

-58.5%

RAY B

SEK 162.00

RaySearch Laboratories

7D

23.1%

1Y

150.4%

PTRK

SEK 13.20

Physitrack

7D

-12.6%

1Y

-19.3%

MEDHLP

SEK 2.96

Medhelp Care Aktiebolag

7D

-0.7%

1Y

-13.5%

IZAFE B

SEK 0.21

iZafe Group

7D

4.0%

1Y

-26.1%

ORTI B

SEK 1.70

Ortivus

7D

-1.4%

1Y

-59.6%

MNTC

SEK 28.70

Mentice

7D

1.4%

1Y

-26.6%

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

SECT B

SEK 240.00

Sectra

7D

1.6%

1Y

45.8%

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

KONT

SEK 2.02

Kontigo Care

7D

-1.0%

1Y

-24.6%

QCORE

SEK 7.55

Qlucore

7D

-9.6%

1Y

-24.5%

RIGHTB

SEK 0.02

RightBridge Ventures Group

7D

14.6%

1Y

-87.9%

AGILIT

SEK 0.12

Agilit Holding

7D

-29.0%

1Y

n/a