The Price Is Right For Oneview Healthcare PLC (ASX:ONE) Even After Diving 26%
May 02
Australian (ASX) Healthtech Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies21
- 7D1.3%
- 3M5.0%
- 1Y69.5%
- YTDn/a
In the last week, the Healthtech industry is up 1.3%, with Pro Medicus up 1.5%. Meanwhile, Oneview Healthcare actually underperformed within the industry, shrinking 6.8% in the last week. This means that the industry has gained 70% over the past year. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Australian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | AU$13.5b | AU$567.9m | -AU$89,929,328.23 | 99.1x | -149.9x | 23.7x |
| Fri, 05 Apr 2024 | AU$12.6b | AU$569.4m | -AU$102,729,854.65 | 92.1x | -123.1x | 22.2x |
| Sun, 03 Mar 2024 | AU$12.5b | AU$573.5m | -AU$102,851,852.30 | 90.3x | -121.6x | 21.8x |
| Tue, 30 Jan 2024 | AU$12.3b | AU$529.4m | -AU$140,746,433.00 | 105.8x | -87.5x | 23.3x |
| Thu, 28 Dec 2023 | AU$11.9b | AU$524.9m | -AU$138,575,672.00 | 106.6x | -85.6x | 22.6x |
| Sat, 25 Nov 2023 | AU$10.9b | AU$528.3m | -AU$106,938,947.00 | 99.9x | -101.8x | 20.6x |
| Mon, 23 Oct 2023 | AU$9.7b | AU$528.7m | -AU$107,906,889.00 | 88.6x | -90.1x | 18.4x |
| Wed, 20 Sep 2023 | AU$9.1b | AU$527.9m | -AU$112,889,246.00 | 85.7x | -80.5x | 17.2x |
| Fri, 18 Aug 2023 | AU$9.2b | AU$523.4m | -AU$145,198,604.00 | 85.2x | -63.2x | 17.5x |
| Sun, 16 Jul 2023 | AU$8.6b | AU$499.2m | -AU$153,275,528.00 | 94.9x | -56.2x | 17.3x |
| Tue, 13 Jun 2023 | AU$8.3b | AU$496.7m | -AU$151,013,859.00 | 93.4x | -54.7x | 16.6x |
| Thu, 11 May 2023 | AU$7.9b | AU$493.9m | -AU$145,644,175.00 | 87.5x | -54.1x | 15.9x |
| Sat, 08 Apr 2023 | AU$8.1b | AU$494.7m | -AU$145,637,406.00 | 89.9x | -55.8x | 16.4x |
| Mon, 06 Mar 2023 | AU$7.8b | AU$488.2m | -AU$142,149,208.00 | 87.6x | -54.6x | 15.9x |
| Wed, 01 Feb 2023 | AU$8.7b | AU$439.6m | -AU$154,638,509.00 | 94.6x | -56.1x | 19.7x |
| Fri, 30 Dec 2022 | AU$7.2b | AU$444.7m | -AU$155,849,801.00 | 78.6x | -46x | 16.1x |
| Sun, 27 Nov 2022 | AU$7.8b | AU$443.5m | -AU$155,340,804.00 | 84.6x | -50.1x | 17.6x |
| Tue, 25 Oct 2022 | AU$7.0b | AU$442.5m | -AU$156,796,521.00 | 74.6x | -44.7x | 15.8x |
| Thu, 22 Sep 2022 | AU$7.1b | AU$435.6m | -AU$155,065,670.00 | 75.1x | -46x | 16.4x |
| Sat, 20 Aug 2022 | AU$7.3b | AU$400.5m | -AU$123,867,988.00 | 74.2x | -59.3x | 18.3x |
| Mon, 18 Jul 2022 | AU$6.2b | AU$386.5m | -AU$130,590,335.00 | 71.9x | -47.2x | 15.9x |
| Wed, 15 Jun 2022 | AU$5.5b | AU$385.6m | -AU$131,161,003.00 | 63x | -41.9x | 14.2x |
| Fri, 13 May 2022 | AU$6.1b | AU$383.3m | -AU$132,421,654.00 | 68.9x | -46.2x | 16x |
| Sun, 10 Apr 2022 | AU$7.0b | AU$378.2m | -AU$133,626,191.00 | 80.9x | -52.6x | 18.6x |
| Tue, 08 Mar 2022 | AU$6.4b | AU$380.8m | -AU$134,445,382.00 | 72.3x | -47.7x | 16.8x |
| Thu, 03 Feb 2022 | AU$7.3b | AU$301.4m | -AU$137,890,724.00 | 102x | -53.1x | 24.3x |
| Sat, 01 Jan 2022 | AU$9.2b | AU$299.8m | -AU$137,126,325.00 | 134.6x | -66.8x | 30.6x |
| Mon, 29 Nov 2021 | AU$9.0b | AU$301.4m | -AU$137,736,828.00 | 128.7x | -65.6x | 30x |
| Wed, 27 Oct 2021 | AU$8.4b | AU$295.4m | -AU$133,251,905.00 | 119.3x | -63x | 28.4x |
| Fri, 24 Sep 2021 | AU$8.9b | AU$299.0m | -AU$134,741,904.00 | 126.5x | -66.1x | 29.8x |
| Sun, 22 Aug 2021 | AU$9.4b | AU$293.3m | -AU$131,340,378.97 | 130.3x | -71.6x | 32.1x |
| Fri, 09 Jul 2021 | AU$8.7b | AU$293.3m | -AU$131,340,378.97 | 115.8x | -66.3x | 29.7x |
Price to Earnings Ratio
-54x
Current Industry PE
- Investors are optimistic on the Australian Health Care Technology industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 20.8x is lower than the industry's current PS ratio of 23.7x.
Past Earnings Growth
- The earnings for companies in the Health Care Technology industry have improved over the last three years.
- Revenues for these companies have grown 29% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Australian Healthtech compare with similar industries?
| AU Market | 1.62% | |
| Healthcare | 1.02% | |
| Healthtech | 1.33% | |
| Healthtech | 1.33% | |
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 | |
|---|---|---|---|---|---|
| PME Pro Medicus | AU$116.29 | 6.4% +AU$735.2m | 94.8% | PE174.2x | |
| MDR MedAdvisor | AU$0.33 | 10.0% +AU$16.5m | 50.0% | PS1.7x | |
| ALC Alcidion Group | AU$0.063 | 21.2% +AU$14.8m | -36.4% | PS2.1x | |
| BMT Beamtree Holdings | AU$0.22 | 22.2% +AU$11.5m | -27.9% | PS2.5x | |
| BB1 BlinkLab | AU$0.38 | 22.6% +AU$6.9m | n/a | PB30.3x |