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Singaporean (SGX) Medical Equipment Industry Analysis

UpdatedMay 12, 2024
DataAggregated Company Financials
Companies4
  • 7D13.0%
  • 3M17.6%
  • 1Y32.2%
  • YTD15.4%

The Medical Equipment industry has been flat over the last week, but Quantum Healthcare has lost 33%. As for the the longer term, the industry is up 18% over the past 12 months. Looking forward, 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
Sun, 12 May 2024S$1.5bS$549.5mS$22.8m24.4x66.9x2.8x
Tue, 09 Apr 2024S$1.4bS$544.1mS$15.2m25.2x90.8x2.5x
Thu, 07 Mar 2024S$1.2bS$559.3mS$14.2m15.4x84.7x2.2x
Sat, 03 Feb 2024S$1.3bS$564.3m-S$5,085,151.0017.9x-252.2x2.3x
Mon, 01 Jan 2024S$1.3bS$566.7m-S$388,307.0018.3x-3416.4x2.3x
Wed, 29 Nov 2023S$1.1bS$566.2m-S$1,186,341.0016.1x-959.2x2x
Fri, 27 Oct 2023S$1.0bS$582.1m-S$955,866.0015.3x-1093.7x1.8x
Sun, 24 Sep 2023S$1.1bS$591.6mS$2.3m13.2x480.4x1.9x
Tue, 22 Aug 2023S$1.2bS$661.6mS$34.1m11.2x34.3x1.8x
Thu, 20 Jul 2023S$1.2bS$703.7mS$52.7m11.2x22.4x1.7x
Sat, 17 Jun 2023S$1.1bS$703.2mS$52.1m12.1x21.8x1.6x
Mon, 15 May 2023S$1.2bS$713.1mS$54.3m11.6x21.2x1.6x
Wed, 12 Apr 2023S$1.3bS$777.5mS$70.2m10.5x18.5x1.7x
Fri, 10 Mar 2023S$1.2bS$773.7mS$71.3m9.5x16.4x1.5x
Sun, 05 Feb 2023S$1.3bS$933.7mS$157.3m8.5x8.3x1.4x
Tue, 03 Jan 2023S$1.2bS$927.5mS$155.1m7.8x8x1.3x
Thu, 01 Dec 2022S$1.2bS$931.4mS$155.1m8x7.9x1.3x
Sat, 29 Oct 2022S$1.1bS$1.0bS$212.6m4.4x5.1x1.1x
Mon, 26 Sep 2022S$1.1bS$1.1bS$220.6m4.7x5.1x1.1x
Wed, 24 Aug 2022S$1.4bS$1.1bS$270.7m5.7x5.1x1.2x
Fri, 22 Jul 2022S$1.5bS$1.4bS$426.3m4x3.6x1.1x
Sun, 19 Jun 2022S$1.3bS$1.4bS$430.8m3.7x3.1x0.9x
Tue, 17 May 2022S$1.5bS$1.6bS$564.0m3.3x2.7x0.9x
Thu, 14 Apr 2022S$1.8bS$1.6bS$569.4m4.2x3.2x1.1x
Sat, 12 Mar 2022S$1.7bS$1.6bS$573.5m4x3x1.1x
Mon, 07 Feb 2022S$1.6bS$2.0bS$787.4m1.9x2x0.8x
Wed, 05 Jan 2022S$1.6bS$2.0bS$792.3m1.9x2x0.8x
Fri, 03 Dec 2021S$1.6bS$2.0bS$791.4m2x2.1x0.8x
Sun, 31 Oct 2021S$1.8bS$1.9bS$777.2m2.1x2.4x0.9x
Tue, 28 Sep 2021S$2.0bS$1.9bS$774.3m2.2x2.5x1x
Thu, 26 Aug 2021S$2.6bS$1.9bS$771.3m3.1x3.3x1.3x
Fri, 02 Jul 2021S$2.8bS$1.9bS$771.3m3.4x3.7x1.5x
Price to Earnings Ratio

5.2x


Total Market Cap: S$3.3bTotal Earnings: S$631.6mTotal Revenue: S$1.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Medical Equipment Industry Price to Earnings3Y Average -27.2x202220232024
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 90.0x which is higher than its 3-year average PE of -28.4x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.5x.
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 Market0.61%
Healthcare3.03%
Medical Equipment13.03%
Medical Supplies13.63%
Medical Equipment0%
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 152x.
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
AP4 Riverstone HoldingsS$0.8914.8%
+S$170.4m		50.8%PE18.8x
546 Medtecs InternationalS$0.145.4%
+S$3.8m		-13.3%PS1x
8K7 UG HealthcareS$0.111.8%
+S$1.2m		-32.1%PS0.7x
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AP4

S$0.89

Riverstone Holdings

7D

14.8%

1Y

50.8%

546

S$0.14

Medtecs International

7D

5.4%

1Y

-13.3%

8YY

S$0.01

Biolidics

7D

-16.7%

1Y

-37.5%

V8Y

S$0.002

Quantum Healthcare

7D

-33.3%

1Y

-66.7%

8K7

S$0.11

UG Healthcare

7D

1.8%

1Y

-32.1%