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Singaporean (SGX) Medical Equipment Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies4
  • 7D2.3%
  • 3M10.9%
  • 1Y17.9%
  • YTD3.3%

Over the last 7 days, the Medical Equipment industry has risen 2.3%, driven by gains from Riverstone Holdings of 3.2%. In the same time, UG Healthcare was down 7.0%. This takes the industry's 12 month performance to a gain of 16%. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Apr 2024S$1.4bS$545.5mS$15.1m23x90x2.5x
Wed, 20 Mar 2024S$1.3bS$543.5mS$15.3m24.9x83.8x2.4x
Fri, 16 Feb 2024S$1.3bS$557.8m-S$5,869,060.7317.7x-217x2.3x
Sun, 14 Jan 2024S$1.3bS$566.5m-S$936,504.0017.4x-1380.9x2.3x
Tue, 12 Dec 2023S$1.1bS$567.2m-S$1,241,622.0015.8x-898.4x2x
Thu, 09 Nov 2023S$1.1bS$570.4m-S$1,173,311.0016.1x-960.3x2x
Sat, 07 Oct 2023S$1.1bS$585.3m-S$121,442.0016x-9002.1x1.9x
Mon, 04 Sep 2023S$1.1bS$591.1mS$2.7m13.5x433.7x1.9x
Wed, 02 Aug 2023S$1.2bS$708.1mS$53.5m11.7x22.1x1.7x
Fri, 30 Jun 2023S$1.1bS$703.8mS$51.6m12x22.2x1.6x
Sun, 28 May 2023S$1.2bS$708.8mS$52.7m12x22x1.6x
Tue, 25 Apr 2023S$1.2bS$764.4mS$73.5m9.6x16.2x1.6x
Thu, 23 Mar 2023S$1.2bS$775.4mS$69.6m9.2x16.8x1.5x
Sat, 18 Feb 2023S$1.3bS$862.9mS$128.2m9.8x9.9x1.5x
Mon, 16 Jan 2023S$1.2bS$924.7mS$155.0m7.8x7.8x1.3x
Wed, 14 Dec 2022S$1.2bS$930.6mS$155.5m7.6x7.6x1.3x
Fri, 11 Nov 2022S$1.2bS$924.5mS$152.5m7.6x7.7x1.3x
Sun, 09 Oct 2022S$1.1bS$1.1bS$218.1m4.9x5.3x1.1x
Tue, 06 Sep 2022S$1.4bS$1.1bS$222.7m5.8x6.2x1.3x
Thu, 04 Aug 2022S$1.5bS$1.4bS$424.7m4x3.6x1.1x
Sat, 02 Jul 2022S$1.4bS$1.4bS$430.6m4x3.3x1x
Mon, 30 May 2022S$1.4bS$1.6bS$556.7m3.3x2.6x0.9x
Wed, 27 Apr 2022S$1.9bS$1.6bS$561.0m4.1x3.3x1.2x
Fri, 25 Mar 2022S$1.9bS$1.6bS$568.4m4.2x3.3x1.2x
Sun, 20 Feb 2022S$1.6bS$1.9bS$765.0m2x2x0.8x
Tue, 18 Jan 2022S$1.6bS$2.0bS$788.5m1.9x2x0.8x
Thu, 16 Dec 2021S$1.5bS$2.0bS$792.8m1.8x1.9x0.8x
Sat, 13 Nov 2021S$1.7bS$1.9bS$765.2m2x2.2x0.9x
Mon, 11 Oct 2021S$1.9bS$1.9bS$776.2m2.2x2.5x1x
Wed, 08 Sep 2021S$2.5bS$1.9bS$771.3m3.1x3.3x1.3x
Fri, 06 Aug 2021S$2.9bS$1.9bS$771.3m3.4x3.7x1.5x
Mon, 10 May 2021S$3.4bS$1.7bS$631.6m5.1x5.4x2x
Price to Earnings Ratio

5.4x


Total Market Cap: S$3.4bTotal Earnings: S$631.6mTotal Revenue: S$1.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Medical Equipment Industry Price to Earnings3Y Average -28.4x202220232024
Current Industry PE
  • Investors are optimistic on the Singaporean Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 92.7x which is higher than its 3-year average PE of -28.8x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 71% per year over the last three years,
  • Revenues have also declined 32% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

SG Market-1.73%
Healthcare-0.91%
Medical Equipment2.31%
Medical Supplies3.07%
Medical Equipment-13.22%
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 10.4%, which is higher than its past year's earnings decline of 29.9% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 153x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings decline of 30% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 10% 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
V8Y Quantum HealthcareS$0.00350.0%
+S$8.0m		-40.0%PS1.8x
8K7 UG HealthcareS$0.110.9%
+S$623.8k		-32.1%PS0.7x
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