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Swedish (OMX) Medical Equipment Industry Analysis

UpdatedMar 25, 2023
DataAggregated Company Financials
Companies78
  • 7D0.9%
  • 3M4.9%
  • 1Y-33.9%
  • YTD2.1%

Over the last 7 days, the Medical Equipment industry has risen 1.0%, driven by gains from Getinge of 4.7%. In the same time, Implantica was down 11%. However, the industry is down 34% over the past year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Swedish Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Mar 2023kr167.3bkr64.0bkr1.4b35.3x116.7x2.6x
Mon, 20 Feb 2023kr171.6bkr62.6bkr1.7b43.1x99.8x2.7x
Wed, 18 Jan 2023kr173.4bkr61.8bkr2.3b30x74.8x2.8x
Fri, 16 Dec 2022kr163.1bkr61.8bkr2.3b25.9x70.3x2.6x
Sun, 13 Nov 2022kr176.5bkr60.9bkr2.7b24.9x65.6x2.9x
Tue, 11 Oct 2022kr151.2bkr59.7bkr2.8b25.3x54.8x2.5x
Thu, 08 Sep 2022kr166.8bkr59.6bkr2.8b30.7x58.9x2.8x
Sat, 06 Aug 2022kr183.3bkr58.8bkr2.7b35.5x66.8x3.1x
Mon, 04 Jul 2022kr195.6bkr58.4bkr2.9b38x66.8x3.3x
Wed, 01 Jun 2022kr218.5bkr58.3bkr3.0b41.5x74x3.7x
Fri, 29 Apr 2022kr216.9bkr57.3bkr3.0b53.1x72.6x3.8x
Sun, 27 Mar 2022kr243.9bkr56.9bkr3.1b59.8x78.5x4.3x
Tue, 22 Feb 2022kr234.9bkr56.6bkr3.7b44.3x63.4x4.1x
Thu, 20 Jan 2022kr262.2bkr56.9bkr3.8b56x68.2x4.6x
Sat, 18 Dec 2021kr290.0bkr57.0bkr3.8b55.4x75.6x5.1x
Mon, 15 Nov 2021kr316.7bkr56.5bkr3.9b66.9x82x5.6x
Wed, 13 Oct 2021kr277.3bkr57.8bkr4.4b74.8x62.4x4.8x
Fri, 10 Sep 2021kr307.1bkr57.8bkr4.4b85.2x69.5x5.3x
Sun, 08 Aug 2021kr312.8bkr57.8bkr4.4b67.4x70.4x5.4x
Sat, 01 May 2021kr220.2bkr56.6bkr3.7b38.3x60x3.9x
Tue, 02 Feb 2021kr189.6bkr56.9bkr3.3b40x57.2x3.3x
Fri, 06 Nov 2020kr161.0bkr56.6bkr3.3b30.5x49.1x2.8x
Mon, 10 Aug 2020kr156.7bkr55.2bkr2.1b30.4x76.4x2.8x
Sun, 03 May 2020kr142.3bkr54.8bkr1.7b50.8x85x2.6x
Price to Earnings Ratio

74.2x


Total Market Cap: kr133.8bTotal Earnings: kr1.8bTotal Revenue: kr54.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Medical Equipment Industry Price to Earnings3Y Average 69.6x202120222023
Current Industry PE
  • Investors are optimistic on the Swedish Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 116x which is higher than its 3-year average PE of 69.5x.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 7.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

SE Market-0.66%
Healthcare-0.089%
Medical Equipment0.86%
Medical Equipment1.23%
Medical Supplies-1.21%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 56.9x.
    • Analysts are expecting annual earnings growth of 18.9%, which is higher than its past year's earnings decline of 10.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 60% over the next 5 years.
  • However this is lower than its past earnings growth rate of 126% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GETI B Getingekr242.506.3%
+kr3.9b
-32.2%PE26.5x
ADDV A ADDvise Groupkr11.305.2%
+kr101.1m
48.7%PE25.1x
SEDANA Sedana Medicalkr20.025.1%
+kr96.4m
-68.5%PS16.2x
BRAIN BrainCoolkr2.1516.1%
+kr47.8m
-67.8%PS10.2x
CRAD B C-Radkr32.803.6%
+kr38.8m
-32.7%PE147.7x
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Latest News

CARE

kr15.74

Careium

7D

3.2%

1Y

-7.2%

CEVI

kr190.20

CellaVision

7D

-3.9%

1Y

-38.1%

OSSD

kr4.97

OssDsign

7D

4.6%

1Y

-34.9%

VIMIAN

kr26.76

Vimian Group

7D

-0.7%

1Y

-49.5%

EKTA B

kr77.60

Elekta

7D

-1.0%

1Y

3.4%

ARJO B

kr39.32

Arjo

7D

-2.8%

1Y

-47.7%

ADDV A

kr11.30

ADDvise Group

7D

5.2%

1Y

48.7%

SUS

kr163.40

Surgical Science Sweden

7D

-3.1%

1Y

-17.1%

SEDANA

kr20.02

Sedana Medical

7D

5.1%

1Y

-68.5%

SEZI

kr5.54

Senzime

7D

-16.4%

1Y

-72.3%

CRAD B

kr32.80

C-Rad

7D

3.6%

1Y

-32.7%

ORT B

kr7.70

Ortoma

7D

14.9%

1Y

-68.4%