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Swedish (OMX) Healthtech Industry Analysis

UpdatedSep 10, 2024
DataAggregated Company Financials
Companies10
  • 7D9.1%
  • 3M3.7%
  • 1Y56.8%
  • YTD45.3%

The Healthtech industry is up 7.2% in the last week, with Sectra up 10%. Meanwhile, Agilit Holding actually underperformed within the industry, shrinking 29% in the last week. This means that the industry has gained 54% over the past year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Sep 2024SEK 56.6bSEK 5.0bSEK 528.8m40.4x107.1x11.3x
Thu, 08 Aug 2024SEK 50.9bSEK 4.8bSEK 476.0m64.6x107x10.6x
Sat, 06 Jul 2024SEK 52.2bSEK 4.8bSEK 459.9m68.6x113.4x10.9x
Mon, 03 Jun 2024SEK 52.7bSEK 4.6bSEK 456.8m68.4x115.3x11.4x
Wed, 01 May 2024SEK 47.9bSEK 4.6bSEK 464.1m75.1x103.2x10.4x
Fri, 29 Mar 2024SEK 46.5bSEK 4.7bSEK 474.0m94x98x9.9x
Sun, 25 Feb 2024SEK 46.2bSEK 4.6bSEK 344.1m115.2x134.4x10.1x
Tue, 23 Jan 2024SEK 42.1bSEK 4.6bSEK 340.3m142.1x123.8x9.2x
Thu, 21 Dec 2023SEK 39.3bSEK 4.6bSEK 340.3m139.6x115.6x8.6x
Sat, 18 Nov 2023SEK 32.7bSEK 4.3bSEK 294.4m120.1x110.9x7.6x
Mon, 16 Oct 2023SEK 29.6bSEK 4.2bSEK 312.6m74.3x94.7x7x
Wed, 13 Sep 2023SEK 36.8bSEK 4.3bSEK 312.7m82x117.7x8.7x
Fri, 11 Aug 2023SEK 36.8bSEK 4.1bSEK 292.2m97.3x126.1x9.1x
Sun, 09 Jul 2023SEK 39.5bSEK 4.0bSEK 273.1m90.8x144.5x9.8x
Tue, 06 Jun 2023SEK 45.1bSEK 4.0bSEK 346.1m107.9x130.3x11.2x
Thu, 04 May 2023SEK 37.3bSEK 3.9bSEK 301.5m98.4x123.6x9.6x
Sat, 01 Apr 2023SEK 37.1bSEK 3.9bSEK 233.5m102.5x158.8x9.6x
Mon, 27 Feb 2023SEK 33.4bSEK 3.7bSEK 191.2m60.9x174.9x9.1x
Wed, 25 Jan 2023SEK 37.5bSEK 3.7bSEK 159.7m68.4x234.9x10.3x
Fri, 23 Dec 2022SEK 34.3bSEK 3.7bSEK 159.7m66.4x214.8x9.4x
Sun, 20 Nov 2022SEK 37.9bSEK 3.4bSEK 90.9m97.2x417.6x11x
Tue, 18 Oct 2022SEK 30.7bSEK 3.4bSEK 90.9m86.6x338.2x9x
Thu, 15 Sep 2022SEK 30.4bSEK 3.4bSEK 94.3m85.7x321.9x8.9x
Sat, 13 Aug 2022SEK 41.2bSEK 3.3bSEK 94.2m108.5x437.4x12.5x
Mon, 11 Jul 2022SEK 36.7bSEK 3.3bSEK 106.3m93.7x345.3x11.1x
Wed, 08 Jun 2022SEK 34.1bSEK 3.3bSEK 107.2m86.1x318.1x10.4x
Fri, 06 May 2022SEK 28.4bSEK 3.1bSEK 122.3m67.7x231.9x9.1x
Sun, 03 Apr 2022SEK 35.9bSEK 3.1bSEK 114.5m84.5x313.6x11.6x
Tue, 01 Mar 2022SEK 36.1bSEK 3.0bSEK 102.6m90.2x352.1x12x
Thu, 27 Jan 2022SEK 35.3bSEK 2.9bSEK 117.1m86.2x301.5x12x
Sat, 25 Dec 2021SEK 45.5bSEK 2.9bSEK 129.6m113.7x350.9x15.6x
Mon, 22 Nov 2021SEK 55.8bSEK 2.9bSEK 149.5m141.7x373.7x19.2x
Wed, 20 Oct 2021SEK 47.1bSEK 2.8bSEK 34.4m138.2x1370x16.8x
Fri, 17 Sep 2021SEK 46.2bSEK 2.8bSEK 34.4m139.4x1340x16.5x
Price to Earnings Ratio

1340x


Total Market Cap: SEK 46.2bTotal Earnings: SEK 34.4mTotal Revenue: SEK 2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 327.5x202220232024
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 105x which is lower than its 3-year average PE of 328x.
  • The industry is trading close to its 3-year average PS ratio of 10.8x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 149% per year over the last three years.
  • Revenues for these companies have grown 22% 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-2.60%
Healthcare1.07%
Healthtech9.15%
Healthtech9.15%
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
SECT B SectraSEK 260.2010.3%
+SEK 4.7b		58.3%PE112.1x
MNTC MenticeSEK 27.509.1%
+SEK 58.8m		-24.7%PS2.5x
RAY B RaySearch LaboratoriesSEK 154.001.0%
+SEK 54.9m		86.4%PE34.9x
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Latest News

SECT B

SEK 260.20

Sectra

7D

10.3%

1Y

58.3%

QCORE

SEK 7.05

Qlucore

7D

-14.5%

1Y

-28.4%

RIGHTB

SEK 0.02

RightBridge Ventures Group

7D

-1.0%

1Y

-86.3%

MNTC

SEK 27.50

Mentice

7D

9.1%

1Y

-24.7%

Mentice AB (publ)'s (STO:MNTC) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors

Aug 31
Mentice AB (publ)'s (STO:MNTC) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors

KONT

SEK 2.50

Kontigo Care

7D

-8.1%

1Y

24.4%

RAY B

SEK 154.00

RaySearch Laboratories

7D

1.0%

1Y

86.4%

ORTI B

SEK 1.67

Ortivus

7D

-3.7%

1Y

-27.4%

AINO

SEK 0.12

Aino Health

7D

-10.4%

1Y

-69.8%

PTRK

SEK 12.30

Physitrack

7D

-3.9%

1Y

-25.5%

MEDHLP

SEK 2.54

Medhelp Care Aktiebolag

7D

-5.2%

1Y

-23.3%

AGILIT

SEK 0.12

Agilit Holding

7D

-29.0%

1Y

n/a