Are Investors Undervaluing DENTSPLY SIRONA Inc. (NASDAQ:XRAY) By 47%?
Apr 22
U.S. Medical Supplies Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies39
- 7D-2.9%
- 3M-0.7%
- 1Y-16.3%
- YTDn/a
Over the last 7 days, the Medical Supplies industry has dropped 2.9%, driven by Align Technology declining 1.4%. However, the industry is down 16% over the past year. Looking forward, earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the U.S. Medical Supplies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | US$90.2b | US$34.2b | US$2.1b | 36.5x | 44x | 2.6x |
| Thu, 21 Mar 2024 | US$84.3b | US$26.0b | US$715.6m | 42.1x | 117.8x | 3.2x |
| Sat, 17 Feb 2024 | US$83.6b | US$25.9b | US$341.7m | 45.8x | 244.7x | 3.2x |
| Mon, 15 Jan 2024 | US$83.4b | US$26.2b | US$280.6m | 41.3x | 297.1x | 3.2x |
| Wed, 13 Dec 2023 | US$76.0b | US$26.2b | US$242.3m | 39.8x | 313.5x | 2.9x |
| Fri, 10 Nov 2023 | US$71.4b | US$26.1b | US$180.2m | 37.4x | 396x | 2.7x |
| Sun, 08 Oct 2023 | US$81.2b | US$25.8b | -US$701,786,323.00 | 34.3x | -115.7x | 3.1x |
| Tue, 05 Sep 2023 | US$95.3b | US$25.8b | -US$702,382,385.00 | 34.4x | -135.7x | 3.7x |
| Thu, 03 Aug 2023 | US$98.1b | US$25.3b | -US$628,402,355.00 | 35.2x | -156x | 3.9x |
| Sat, 01 Jul 2023 | US$98.7b | US$25.6b | -US$571,798,862.00 | 36.3x | -172.5x | 3.9x |
| Mon, 29 May 2023 | US$90.0b | US$25.5b | -US$485,450,276.00 | 35.8x | -185.4x | 3.5x |
| Wed, 26 Apr 2023 | US$98.2b | US$25.4b | -US$343,402,605.00 | 46.9x | -286.1x | 3.9x |
| Fri, 24 Mar 2023 | US$89.9b | US$25.5b | -US$428,511,803.00 | 42.8x | -209.9x | 3.5x |
| Sun, 19 Feb 2023 | US$93.9b | US$25.1b | -US$151,401,031.00 | 40.2x | -620x | 3.7x |
| Tue, 17 Jan 2023 | US$86.1b | US$25.1b | -US$28,362,646.00 | 35.7x | -3035.4x | 3.4x |
| Thu, 15 Dec 2022 | US$77.9b | US$25.0b | US$24.3m | 34.3x | 3203.6x | 3.1x |
| Sat, 12 Nov 2022 | US$80.0b | US$25.1b | US$1.3b | 35.7x | 61.9x | 3.2x |
| Mon, 10 Oct 2022 | US$76.1b | US$24.8b | US$1.2b | 32x | 61.7x | 3.1x |
| Wed, 07 Sep 2022 | US$84.3b | US$24.8b | US$1.2b | 33.6x | 67.6x | 3.4x |
| Fri, 05 Aug 2022 | US$90.8b | US$24.2b | US$1.9b | 32.3x | 49x | 3.8x |
| Sun, 03 Jul 2022 | US$83.6b | US$24.1b | US$1.9b | 31.7x | 43.3x | 3.5x |
| Tue, 31 May 2022 | US$95.4b | US$26.3b | US$2.9b | 32.6x | 32.6x | 3.6x |
| Thu, 28 Apr 2022 | US$99.4b | US$22.5b | US$3.0b | 27x | 33.4x | 4.4x |
| Sat, 26 Mar 2022 | US$111.9b | US$21.1b | US$2.6b | 32.8x | 43.8x | 5.3x |
| Mon, 21 Feb 2022 | US$110.9b | US$20.7b | US$4.5b | 32.8x | 24.6x | 5.3x |
| Wed, 19 Jan 2022 | US$112.3b | US$20.6b | US$4.7b | 36.8x | 24.1x | 5.4x |
| Fri, 17 Dec 2021 | US$124.5b | US$20.6b | US$4.7b | 36.5x | 26.7x | 6x |
| Sun, 14 Nov 2021 | US$140.5b | US$20.5b | US$4.6b | 44.4x | 30.3x | 6.9x |
| Tue, 12 Oct 2021 | US$169.8b | US$22.8b | US$5.2b | 49.4x | 32.9x | 7.5x |
| Thu, 09 Sep 2021 | US$185.1b | US$22.3b | US$5.2b | 51.8x | 35.5x | 8.3x |
| Sat, 07 Aug 2021 | US$174.1b | US$22.3b | US$5.2b | 43x | 33.4x | 7.8x |
| Fri, 30 Apr 2021 | US$154.2b | US$20.6b | US$4.0b | 43x | 38.7x | 7.5x |
Price to Earnings Ratio
38.7x
Current Industry PE
- Investors are optimistic on the American Health Care Supplies industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.0x which is higher than its 3-year average PE of 33.3x.
- The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Health Care Supplies industry have declined 20% per year over the last three years.
- Meanwhile revenues for these companies have grown 19% 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 U.S. Medical Supplies compare with similar industries?
| US Market | -3.18% | |
| Healthcare | -0.91% | |
| Medical Equipment | -2.87% | |
| Medical Supplies | -2.92% | |
| Medical Equipment | -2.87% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BLCO Bausch + Lomb | US$14.64 | 4.1% +US$200.3m | -12.1% | PS1.2x | |
| LNTH Lantheus Holdings | US$63.07 | 2.2% +US$91.9m | -29.7% | PE13.2x | |
| MMSI Merit Medical Systems | US$73.25 | 0.7% +US$29.0m | -6.2% | PE44.9x | |
| EMBC Embecta | US$10.72 | 3.6% +US$21.3m | -61.3% | PE11.2x | |
| SOLV Solventum | US$62.07 | 0.2% +US$20.7m | n/a | PE8x |
