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Swedish (OMX) Medical Equipment Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies61
  • 7D0.4%
  • 3M-13.7%
  • 1Y-8.1%
  • YTD-11.9%

Last week, the Medical Equipment industry hasn't moved much but Vimian Group is up 3.8% in that time. Unfortunately though, the industry is down 8.1% over the past 12 months. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024SEK 155.3bSEK 74.7bSEK 1.8b28x85.1x2.1x
Tue, 19 Nov 2024SEK 154.5bSEK 75.1bSEK 1.9b31.8x80.3x2.1x
Thu, 17 Oct 2024SEK 176.0bSEK 74.5bSEK 3.1b24.1x56.5x2.4x
Sat, 14 Sep 2024SEK 179.1bSEK 74.5bSEK 3.1b25.7x57.6x2.4x
Mon, 12 Aug 2024SEK 166.3bSEK 74.4bSEK 3.3b27.4x51x2.2x
Wed, 10 Jul 2024SEK 160.3bSEK 72.9bSEK 2.6b30.7x61.2x2.2x
Fri, 07 Jun 2024SEK 162.0bSEK 72.8bSEK 2.7b33x59.3x2.2x
Sun, 05 May 2024SEK 172.6bSEK 73.0bSEK 2.7b33.6x64.7x2.4x
Tue, 02 Apr 2024SEK 167.5bSEK 72.3bSEK 2.4b33.1x69.2x2.3x
Thu, 29 Feb 2024SEK 159.3bSEK 72.0bSEK 2.3b33.9x68.4x2.2x
Sat, 27 Jan 2024SEK 174.1bSEK 71.5bSEK 1.6b45.8x109.2x2.4x
Mon, 25 Dec 2023SEK 170.8bSEK 71.3bSEK 1.5b39.9x111.3x2.4x
Wed, 22 Nov 2023SEK 162.9bSEK 70.0bSEK 1.3b33.7x127.8x2.3x
Fri, 20 Oct 2023SEK 139.8bSEK 68.7bSEK 1.1b26.6x126.2x2x
Sun, 17 Sep 2023SEK 153.0bSEK 68.8bSEK 1.0b30.4x146.1x2.2x
Tue, 15 Aug 2023SEK 160.5bSEK 68.0bSEK 932.9m31.8x172x2.4x
Thu, 13 Jul 2023SEK 158.9bSEK 66.9bSEK 1.4b33.6x117.6x2.4x
Sat, 10 Jun 2023SEK 176.1bSEK 66.9bSEK 1.4b34x130.2x2.6x
Mon, 08 May 2023SEK 182.9bSEK 65.8bSEK 1.4b39.1x130.1x2.8x
Wed, 05 Apr 2023SEK 175.4bSEK 63.5bSEK 1.6b36.6x110.4x2.8x
Fri, 03 Mar 2023SEK 162.5bSEK 63.7bSEK 1.7b40.5x95.5x2.6x
Sun, 29 Jan 2023SEK 173.1bSEK 62.1bSEK 2.2b30.7x78.8x2.8x
Tue, 27 Dec 2022SEK 157.9bSEK 61.8bSEK 2.3b26.4x68.1x2.6x
Thu, 24 Nov 2022SEK 163.4bSEK 61.4bSEK 2.7b25.3x60.4x2.7x
Sat, 22 Oct 2022SEK 163.4bSEK 60.4bSEK 2.8b27.4x58.3x2.7x
Mon, 19 Sep 2022SEK 155.9bSEK 59.7bSEK 2.8b34.4x56.5x2.6x
Wed, 17 Aug 2022SEK 187.0bSEK 58.8bSEK 2.7b35x68x3.2x
Fri, 15 Jul 2022SEK 183.6bSEK 58.4bSEK 2.9b36.3x62.5x3.1x
Sun, 12 Jun 2022SEK 210.3bSEK 58.4bSEK 3.0b34.9x71.2x3.6x
Tue, 10 May 2022SEK 200.9bSEK 57.3bSEK 2.9b51.7x68.7x3.5x
Thu, 07 Apr 2022SEK 257.3bSEK 56.8bSEK 3.1b63.5x82.9x4.5x
Sat, 05 Mar 2022SEK 236.6bSEK 56.7bSEK 3.7b43.5x64.4x4.2x
Mon, 31 Jan 2022SEK 263.5bSEK 56.1bSEK 3.6b61.4x74x4.7x
Wed, 29 Dec 2021SEK 307.7bSEK 56.9bSEK 3.8b60.1x80x5.4x
Price to Earnings Ratio

80x


Total Market Cap: SEK 307.7bTotal Earnings: SEK 3.8bTotal Revenue: SEK 56.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Medical Equipment Industry Price to Earnings3Y Average 88.3x202220232024
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 85.1x which is lower than its 3-year average PE of 88.3x.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 22% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.5% 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-2.70%
Healthcare0.53%
Medical Equipment0.35%
Medical Supplies2.11%
Medical Equipment-0.22%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry, which is trading close to its 3-year average PE ratio of 63.3x.
    • Analysts expect its future annual earnings growth (27.4%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 64% over the next 5 years.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 27% 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
VIMIAN Vimian GroupSEK 42.103.8%
+SEK 811.0m		49.4%PE7478.5x
SUS Surgical Science SwedenSEK 161.505.3%
+SEK 413.3m		-9.3%PE42.6x
SEDANA Sedana MedicalSEK 18.9620.8%
+SEK 323.8m		-18.1%PS10.8x
GETI B GetingeSEK 174.050.4%
+SEK 177.0m		-22.6%PE28x
BACTI B Bactiguard HoldingSEK 37.7012.2%
+SEK 143.7m		-39.4%PS5.6x
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Latest News

EKTA B

SEK 60.30

Elekta

7D

-4.8%

1Y

-26.1%

SUS

SEK 161.50

Surgical Science Sweden

7D

5.3%

1Y

-9.3%

QLINEA

SEK 0.77

Q-linea

7D

-26.6%

1Y

-71.5%

BACTI B

SEK 37.70

Bactiguard Holding

7D

12.2%

1Y

-39.4%

GETI B

SEK 174.05

Getinge

7D

0.4%

1Y

-22.6%

IMP A SDB

SEK 36.45

Implantica

7D

0.6%

1Y

77.8%

VIMIAN

SEK 42.10

Vimian Group

7D

3.8%

1Y

49.4%

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Dec 16
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SPEC

SEK 2.76

SpectraCure

7D

-11.0%

1Y

-29.0%

SEDANA

SEK 18.96

Sedana Medical

7D

20.8%

1Y

-18.1%

XVIVO

SEK 466.50

Xvivo Perfusion

7D

-1.0%

1Y

46.7%

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Dec 06
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STIL

SEK 195.00

Stille

7D

3.2%

1Y

30.9%

NEOLA

SEK 2.04

Neola Medical

7D

-20.9%

1Y

18.3%

CEVI

SEK 221.00

CellaVision

7D

-2.4%

1Y

7.0%

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Nov 20
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BIBB

SEK 3.38

BiBBInstruments

7D

-14.0%

1Y

-2.9%

CRAD B

SEK 29.75

C-Rad

7D

-3.6%

1Y

-29.0%

ADDV A

SEK 11.20

ADDvise Group

7D

3.7%

1Y

-17.0%