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U.S. Healthtech Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies92
  • 7D-4.6%
  • 3M-12.0%
  • 1Y-7.5%
  • YTD-10.7%

Over the last 7 days, the Healthtech industry has dropped 4.6%, driven by a pullback from Veeva Systems of 5.1%. Meanwhile, MultiPlan actually outperformed within the industry, gaining 24% in the last week. However, the industry is down 7.5% over the past year.

Industry Valuation and Performance

Has the U.S. Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021US$175.6bUS$23.0b-US$1,126,772,240.00104.7x
Tue, 26 Oct 2021US$197.4bUS$22.1b-US$1,254,921,150.0092x
Thu, 23 Sep 2021US$197.2bUS$22.0b-US$1,255,851,452.00107.6x
Sat, 21 Aug 2021US$185.5bUS$21.9b-US$1,229,889,348.3188.4x
Sat, 05 Jun 2021US$165.1bUS$20.3b-US$1,350,712,571.3190x
Tue, 09 Mar 2021US$178.3bUS$19.1b-US$2,268,547,711.3182x
Mon, 30 Nov 2020US$156.4bUS$17.5b-US$1,421,801,372.31114.4x
Thu, 03 Sep 2020US$113.4bUS$14.9b-US$1,221,637,016.3143.5x
Sun, 07 Jun 2020US$94.7bUS$14.2b-US$1,262,828,818.3143.5x
Sat, 29 Feb 2020US$76.4bUS$13.7b-US$340,557,575.3154.8x
Tue, 03 Dec 2019US$72.1bUS$13.4b-US$260,928,522.3153.2x
Fri, 06 Sep 2019US$70.4bUS$13.1b-US$84,708,776.3152.7x
Mon, 10 Jun 2019US$66.3bUS$12.5bUS$614.2m49.3x
Sun, 03 Mar 2019US$55.8bUS$12.1bUS$526.6m67.8x
Wed, 05 Dec 2018US$54.5bUS$11.7bUS$655.4m39.4x
PE Ratio

39.4x

Total Market Cap: US$54.5bTotal Earnings: US$655.4mTotal Revenue: US$11.7b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 105x which is higher than its 3-year average PE of 66.1x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: Total earnings for the Healthcare Services industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 25% 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 U.S. Healthtech industry?

Healthtech-4.56%

Industry PE: Investors are most optimistic about the Healthtech industry which is trading above its 3-year average PE ratio of 66.1x. This is likely because analysts are expecting annual earnings growth of 35%, which is higher than its past year's earnings growth of 17% per year.

Forecasted Growth: Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 35% over the next 5 years. This is better than it's past earnings growth rate of 17% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
MPLN MultiPlan23.6%+US$529.8m-41.8%PS2.6x
ISPC iSpecimen255.9%+US$87.7mn/aPS10.8x
CHNG Change Healthcare0.8%+US$53.0m17.5%PS1.9x
INOV Inovalon Holdings0.5%+US$34.2m122.1%PE126.4x
BTCY Biotricity9.6%+US$18.2m488.9%PS36.2x
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Latest News

WORX

US$1.54

SCWorx

7D

10.0%

1Y

-30.6%

MPLN

US$4.35

MultiPlan

7D

23.6%

1Y

-41.8%