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Swedish (OMX) Medical Equipment Industry Analysis

UpdatedApr 25, 2025
DataAggregated Company Financials
Companies61
  • 7D1.1%
  • 3M-15.1%
  • 1Y-18.3%
  • YTD-12.6%

The Medical Equipment industry is up 1.1% in the last week, with Asker Healthcare Group up 6.4%. During this same period, the Getinge underperformed, falling 6.0%. However, the industry is down 18% over the past year. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 25 Apr 2025SEK 171.1bSEK 92.3bSEK 2.4b29.5x70.1x1.9x
Sun, 23 Mar 2025SEK 160.5bSEK 76.5bSEK 2.5b29.1x64.2x2.1x
Tue, 18 Feb 2025SEK 176.5bSEK 76.3bSEK 2.1b33.9x84.4x2.3x
Thu, 16 Jan 2025SEK 159.6bSEK 74.7bSEK 1.8b30.3x87.4x2.1x
Sat, 14 Dec 2024SEK 154.7bSEK 74.7bSEK 1.8b27.9x84.9x2.1x
Mon, 11 Nov 2024SEK 161.1bSEK 75.1bSEK 2.0b31.3x81.4x2.1x
Wed, 09 Oct 2024SEK 178.0bSEK 74.5bSEK 3.1b24.1x57.1x2.4x
Fri, 06 Sep 2024SEK 177.6bSEK 74.5bSEK 3.1b26.1x57.1x2.4x
Sun, 04 Aug 2024SEK 164.7bSEK 74.4bSEK 3.1b26.7x53x2.2x
Tue, 02 Jul 2024SEK 157.6bSEK 72.9bSEK 2.6b30.4x60.1x2.2x
Thu, 30 May 2024SEK 166.8bSEK 73.0bSEK 2.8b30.5x59.6x2.3x
Sat, 27 Apr 2024SEK 171.7bSEK 73.1bSEK 2.6b32.5x67.2x2.3x
Mon, 25 Mar 2024SEK 161.7bSEK 72.2bSEK 2.4b31.9x66.5x2.2x
Wed, 21 Feb 2024SEK 164.6bSEK 71.9bSEK 2.4b40.5x68.9x2.3x
Fri, 19 Jan 2024SEK 171.5bSEK 71.5bSEK 1.5b41x112.4x2.4x
Sun, 17 Dec 2023SEK 169.6bSEK 71.4bSEK 1.5b39.5x111.1x2.4x
Tue, 14 Nov 2023SEK 156.1bSEK 70.0bSEK 1.3b30.5x116.9x2.2x
Thu, 12 Oct 2023SEK 148.0bSEK 68.7bSEK 1.1b26.8x136.5x2.2x
Sat, 09 Sep 2023SEK 150.9bSEK 68.8bSEK 1.0b30.2x144.1x2.2x
Mon, 07 Aug 2023SEK 163.5bSEK 68.0bSEK 928.4m31.7x176.1x2.4x
Wed, 05 Jul 2023SEK 160.3bSEK 67.0bSEK 1.3b34.5x119.1x2.4x
Fri, 02 Jun 2023SEK 176.6bSEK 66.9bSEK 1.3b38.3x130.9x2.6x
Sun, 30 Apr 2023SEK 184.5bSEK 65.6bSEK 1.4b35.3x133.6x2.8x
Tue, 28 Mar 2023SEK 167.2bSEK 64.0bSEK 1.4b35x116.6x2.6x
Thu, 23 Feb 2023SEK 169.8bSEK 62.7bSEK 1.7b40.2x97.1x2.7x
Sat, 21 Jan 2023SEK 171.8bSEK 61.8bSEK 2.3b29.3x74.1x2.8x
Mon, 19 Dec 2022SEK 159.0bSEK 61.8bSEK 2.3b25.6x68.6x2.6x
Wed, 16 Nov 2022SEK 174.6bSEK 60.9bSEK 2.7b25.2x65x2.9x
Fri, 14 Oct 2022SEK 154.3bSEK 59.7bSEK 2.8b26.8x56x2.6x
Sun, 11 Sep 2022SEK 167.8bSEK 59.6bSEK 2.8b30.8x59.3x2.8x
Tue, 09 Aug 2022SEK 184.9bSEK 58.8bSEK 2.7b35.4x67.4x3.1x
Thu, 07 Jul 2022SEK 198.7bSEK 58.4bSEK 2.9b36.2x68x3.4x
Sat, 04 Jun 2022SEK 216.8bSEK 58.3bSEK 2.9b40.1x73.5x3.7x
Mon, 02 May 2022SEK 215.8bSEK 57.3bSEK 3.0b53.5x73.1x3.8x
Price to Earnings Ratio

73.1x


Total Market Cap: SEK 215.8bTotal Earnings: SEK 3.0bTotal Revenue: SEK 57.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Medical Equipment Industry Price to Earnings3Y Average 88.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Swedish Medical Equipment 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 70.1x which is lower than its 3-year average PE of 88.6x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 6.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 17% 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 Market2.54%
Healthcare2.54%
Medical Equipment1.08%
Medical Supplies4.80%
Medical Equipment-0.98%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 51.8%, which is lower than the prior year's growth of 87.5% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading close to its 3-year average of 63.2x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 52% over the next 5 years.
  • However this is lower than its past earnings growth rate of 88% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 28% 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
ASKER Asker Healthcare GroupSEK 81.006.4%
+SEK 1.9b		n/aPE86.2x
XVIVO Xvivo PerfusionSEK 313.8012.3%
+SEK 1.1b		-12.0%PE57.4x
IMP A SDB ImplanticaSEK 28.509.6%
+SEK 707.9m		3.8%PS381.5x
EKTA B ElektaSEK 49.223.4%
+SEK 619.0m		-33.4%PE18.1x
CEVI CellaVisionSEK 165.0010.0%
+SEK 357.8m		-28.1%PE28x
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