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Swedish (OMX) Medical Equipment Industry Analysis

UpdatedSep 15, 2024
DataAggregated Company Financials
Companies53
  • 7D1.1%
  • 3M12.1%
  • 1Y6.1%
  • YTDn/a

The Medical Equipment industry is up 1.1% in the last week, with Getinge up 1.9%. In the same time, Implantica was down 5.8%. In the last 12 months, the industry was up 6.1%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Sep 2024SEK 137.4bSEK 69.5bSEK 3.1b23.5x43.7x2x
Tue, 13 Aug 2024SEK 129.3bSEK 69.5bSEK 3.3b22.2x38.9x1.9x
Thu, 11 Jul 2024SEK 125.8bSEK 68.0bSEK 2.8b27.9x45.4x1.8x
Sat, 08 Jun 2024SEK 126.5bSEK 68.0bSEK 2.8b28.6x45.3x1.9x
Mon, 06 May 2024SEK 140.5bSEK 68.1bSEK 2.8b27.7x49.5x2.1x
Wed, 03 Apr 2024SEK 137.8bSEK 67.5bSEK 2.6b29.6x53.2x2x
Fri, 01 Mar 2024SEK 134.0bSEK 67.3bSEK 2.5b30.4x53.3x2x
Sun, 28 Jan 2024SEK 148.2bSEK 66.8bSEK 1.9b42.1x76.2x2.2x
Tue, 26 Dec 2023SEK 144.6bSEK 66.8bSEK 2.0b36x74.1x2.2x
Thu, 23 Nov 2023SEK 141.2bSEK 65.3bSEK 1.7b32.6x84.1x2.2x
Sat, 21 Oct 2023SEK 119.0bSEK 64.4bSEK 1.6b25.3x73.8x1.8x
Mon, 18 Sep 2023SEK 128.4bSEK 64.1bSEK 1.6b28x81.2x2x
Wed, 16 Aug 2023SEK 132.2bSEK 63.6bSEK 1.3b31.2x98.2x2.1x
Fri, 14 Jul 2023SEK 131.2bSEK 62.6bSEK 1.8b31.6x73.5x2.1x
Sun, 11 Jun 2023SEK 149.7bSEK 62.6bSEK 1.8b31.6x84.3x2.4x
Tue, 09 May 2023SEK 152.3bSEK 61.6bSEK 1.8b35.2x85.9x2.5x
Thu, 06 Apr 2023SEK 149.9bSEK 59.6bSEK 2.0b36.3x74.8x2.5x
Sat, 04 Mar 2023SEK 143.4bSEK 60.1bSEK 1.9b38.6x77.3x2.4x
Mon, 30 Jan 2023SEK 146.9bSEK 58.5bSEK 2.2b26.5x68.2x2.5x
Wed, 28 Dec 2022SEK 134.5bSEK 58.3bSEK 2.3b24x59.4x2.3x
Fri, 25 Nov 2022SEK 139.2bSEK 57.9bSEK 2.6b24.6x52.7x2.4x
Sun, 23 Oct 2022SEK 140.0bSEK 57.3bSEK 2.7b26.4x51.2x2.4x
Tue, 20 Sep 2022SEK 132.1bSEK 56.6bSEK 2.7b29.5x49x2.3x
Thu, 18 Aug 2022SEK 154.9bSEK 56.1bSEK 2.8b26.3x55.4x2.8x
Sat, 16 Jul 2022SEK 155.1bSEK 55.6bSEK 3.1b33.3x50.8x2.8x
Mon, 13 Jun 2022SEK 172.6bSEK 55.4bSEK 3.2b34.7x54.4x3.1x
Wed, 11 May 2022SEK 167.6bSEK 54.6bSEK 3.1b45.6x53.6x3.1x
Fri, 08 Apr 2022SEK 214.5bSEK 54.2bSEK 3.3b64x65.5x4x
Sun, 06 Mar 2022SEK 197.6bSEK 54.2bSEK 3.3b47.3x60.2x3.6x
Tue, 01 Feb 2022SEK 219.8bSEK 53.8bSEK 3.3b63.2x67.3x4.1x
Thu, 30 Dec 2021SEK 250.0bSEK 54.7bSEK 3.6b68x69.6x4.6x
Sat, 27 Nov 2021SEK 247.6bSEK 54.7bSEK 3.6b63.9x69x4.5x
Mon, 25 Oct 2021SEK 242.0bSEK 54.2bSEK 3.6b85.9x67.2x4.5x
Wed, 22 Sep 2021SEK 231.8bSEK 55.8bSEK 4.2b90.7x55.3x4.2x
Price to Earnings Ratio

55.3x


Total Market Cap: SEK 231.8bTotal Earnings: SEK 4.2bTotal Revenue: SEK 55.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Medical Equipment Industry Price to Earnings3Y Average 64.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Healthcare 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 43.7x which is lower than its 3-year average PE of 64.7x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 9.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.6% 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 Comparison

How does Swedish Medical Equipment compare with similar industries?

SE Market2.48%
Healthcare2.60%
Medical Equipment1.63%
Medical Equipment1.10%
Medical Supplies3.40%
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
GETI B GetingeSEK 222.601.9%
+SEK 1.1b		11.1%PE23.5x
EKTA B ElektaSEK 66.102.6%
+SEK 630.4m		-12.2%PE22.3x
SUS Surgical Science SwedenSEK 121.406.3%
+SEK 367.4m		-19.2%PE31.3x
IMMNOV ImmunoviaSEK 0.80-1.6%
SEK 99.1m		4.1%PS153.8x
PAX PaxmanSEK 55.8010.3%
+SEK 98.9m		64.1%PE37x
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Latest News

IMMNOV

SEK 0.80

Immunovia

7D

-1.6%

1Y

4.1%

GETI B

SEK 222.60

Getinge

7D

1.9%

1Y

11.1%

CARE

SEK 34.20

Careium

7D

-5.0%

1Y

123.5%

IMP A SDB

SEK 42.00

Implantica

7D

-5.8%

1Y

97.6%

CEVI

SEK 271.50

CellaVision

7D

0.6%

1Y

53.0%

ARJO B

SEK 43.30

Arjo

7D

0.7%

1Y

-0.4%

Market Participants Recognise Arjo AB (publ)'s (STO:ARJO B) Earnings

Sep 10
Market Participants Recognise Arjo AB (publ)'s (STO:ARJO B) Earnings

EKTA B

SEK 66.10

Elekta

7D

2.6%

1Y

-12.2%

Elekta (STO:EKTA B) Has Announced A Dividend Of SEK1.20

Sep 09
Elekta (STO:EKTA B) Has Announced A Dividend Of SEK1.20

INTEG B

SEK 29.10

Integrum

7D

-2.3%

1Y

19.3%

PAX

SEK 55.80

Paxman

7D

10.3%

1Y

64.1%

ACARIX

SEK 0.31

Acarix

7D

-7.4%

1Y

22.7%

SPEC

SEK 2.29

SpectraCure

7D

-6.7%

1Y

-41.7%

LUMITO

SEK 0.91

Lumito

7D

-5.6%

1Y

-43.7%

SUS

SEK 121.40

Surgical Science Sweden

7D

6.3%

1Y

-19.2%

Surgical Science Sweden AB (publ) Just Missed EPS By 22%: Here's What Analysts Think Will Happen Next

Aug 25
Surgical Science Sweden AB (publ) Just Missed EPS By 22%: Here's What Analysts Think Will Happen Next

DIGN

SEK 1.05

Dignitana

7D

-13.9%

1Y

-66.5%

BRAIN

SEK 1.98

BrainCool

7D

-6.5%

1Y

-62.7%

STIL

SEK 219.00

Stille

7D

1.9%

1Y

94.7%