Medicover AB (publ)

BATS-CHIXE:MCOVBS Stock Report

Market Cap: SEK 30.5b

Medicover Past Earnings Performance

Past criteria checks 4/6

Medicover has been growing earnings at an average annual rate of 0.5%, while the Healthcare industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 18.5% per year. Medicover's return on equity is 4.2%, and it has net margins of 1.2%.

Key information

0.5%

Earnings growth rate

-1.1%

EPS growth rate

Healthcare Industry Growth12.6%
Revenue growth rate18.5%
Return on equity4.2%
Net Margin1.2%
Next Earnings Update25 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Medicover makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BATS-CHIXE:MCOVBS Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 241,826223040
31 Dec 231,746182970
30 Sep 231,68282970
30 Jun 231,61062940
31 Mar 231,54812800
31 Dec 221,510122710
30 Sep 221,489372700
30 Jun 221,455592530
31 Mar 221,442882480
31 Dec 211,3771022320
30 Sep 211,299932120
30 Jun 211,226902050
31 Mar 211,076521980
31 Dec 20998261960
30 Sep 20930141930
30 Jun 2087941830
31 Mar 20884161710
31 Dec 19844231580
30 Sep 19796191510
30 Jun 19751191440
31 Mar 19709201370
31 Dec 18672221290
30 Sep 18643281240
30 Jun 18620261200
31 Mar 18600231170
31 Dec 17580191130
30 Sep 17560101100
30 Jun 1754091060
31 Mar 1752261040
31 Dec 164974990
31 Dec 154168790
31 Dec 143654710

Quality Earnings: MCOVBS has a large one-off gain of €6.9M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: MCOVBS's current net profit margins (1.2%) are higher than last year (0.09%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MCOVBS's earnings have grown by 0.5% per year over the past 5 years.

Accelerating Growth: MCOVBS's earnings growth over the past year (1492.9%) exceeds its 5-year average (0.5% per year).

Earnings vs Industry: MCOVBS earnings growth over the past year (1492.9%) exceeded the Healthcare industry -0.8%.


Return on Equity

High ROE: MCOVBS's Return on Equity (4.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/23 17:06
End of Day Share Price 2024/04/25 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Medicover AB (publ) is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB
Lars HevrengDanske Bank
James Alexander Vane-TempestJefferies LLC