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May 14
Brazilian (BOVESPA) Healthcare Services Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies12
- 7D-6.2%
- 3M2.4%
- 1Y-10.3%
- YTD-7.7%
Over the last 7 days, the Healthcare Services industry has dropped 4.1%, driven by Rede D'Or São Luiz declining 8.9%. Meanwhile, Oncoclínicas do Brasil Serviços Médicos actually outperformed within the industry, gaining 19% in the last week. The industry has fallen 10% in the last year. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Brazilian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | R$125.2b | R$132.2b | R$2.3b | 15x | 53.5x | 0.9x |
| Thu, 25 Apr 2024 | R$109.8b | R$129.5b | R$1.4b | 16.3x | 78.8x | 0.8x |
| Sat, 23 Mar 2024 | R$121.6b | R$122.8b | R$806.9m | 19.3x | 150.8x | 1x |
| Mon, 19 Feb 2024 | R$120.2b | R$122.1b | R$729.3m | 23.3x | 164.8x | 1x |
| Wed, 17 Jan 2024 | R$140.2b | R$124.2b | R$902.0m | 24.5x | 155.4x | 1.1x |
| Fri, 15 Dec 2023 | R$141.3b | R$124.2b | R$902.0m | 27.2x | 156.6x | 1.1x |
| Sun, 12 Nov 2023 | R$130.0b | R$123.1b | R$948.7m | 22.3x | 137x | 1.1x |
| Tue, 10 Oct 2023 | R$128.0b | R$115.3b | R$753.8m | 25x | 169.8x | 1.1x |
| Thu, 07 Sep 2023 | R$140.7b | R$115.3b | R$753.8m | 25.4x | 186.7x | 1.2x |
| Sat, 05 Aug 2023 | R$162.6b | R$106.9b | R$741.2m | 29.5x | 219.3x | 1.5x |
| Mon, 03 Jul 2023 | R$152.3b | R$106.3b | R$737.3m | 30.1x | 206.6x | 1.4x |
| Wed, 31 May 2023 | R$135.4b | R$100.4b | R$671.8m | 24.5x | 201.5x | 1.3x |
| Fri, 28 Apr 2023 | R$102.7b | R$96.0b | R$1.2b | 17x | 84.8x | 1.1x |
| Sun, 26 Mar 2023 | R$96.7b | R$94.3b | R$1.6b | 15.7x | 60.4x | 1x |
| Tue, 21 Feb 2023 | R$141.3b | R$88.6b | R$2.2b | 16.2x | 64.7x | 1.6x |
| Thu, 19 Jan 2023 | R$129.4b | R$88.6b | R$2.2b | 15.8x | 59.3x | 1.5x |
| Sat, 17 Dec 2022 | R$116.9b | R$88.6b | R$2.2b | 15.4x | 53.6x | 1.3x |
| Mon, 14 Nov 2022 | R$147.5b | R$87.8b | R$2.4b | 16.3x | 61.9x | 1.7x |
| Wed, 12 Oct 2022 | R$157.2b | R$81.2b | R$2.6b | 17.7x | 60x | 1.9x |
| Fri, 09 Sep 2022 | R$167.1b | R$81.2b | R$2.6b | 15.5x | 63.8x | 2.1x |
| Sun, 07 Aug 2022 | R$157.6b | R$75.4b | R$3.2b | 12x | 48.5x | 2.1x |
| Tue, 05 Jul 2022 | R$138.6b | R$75.4b | R$3.2b | 12.2x | 42.8x | 1.8x |
| Thu, 02 Jun 2022 | R$159.8b | R$74.6b | R$3.4b | 13.3x | 47.1x | 2.1x |
| Sat, 30 Apr 2022 | R$182.8b | R$69.7b | R$3.7b | 13.1x | 50x | 2.6x |
| Mon, 28 Mar 2022 | R$282.1b | R$79.6b | R$3.6b | 16x | 77.4x | 3.5x |
| Wed, 23 Feb 2022 | R$282.6b | R$79.1b | R$3.7b | 16.8x | 75.4x | 3.6x |
| Fri, 21 Jan 2022 | R$220.6b | R$79.1b | R$3.8b | 16.8x | 58.8x | 2.8x |
| Sun, 19 Dec 2021 | R$235.6b | R$79.1b | R$3.8b | 16.6x | 62.8x | 3x |
| Tue, 16 Nov 2021 | R$273.7b | R$78.0b | R$3.8b | 19.5x | 71.5x | 3.5x |
| Thu, 14 Oct 2021 | R$296.4b | R$74.7b | R$4.1b | 32.5x | 72.1x | 4x |
| Sat, 11 Sep 2021 | R$320.0b | R$74.7b | R$4.1b | 36.6x | 77.8x | 4.3x |
| Mon, 09 Aug 2021 | R$306.8b | R$71.4b | R$4.3b | 19.5x | 71.5x | 4.3x |
Price to Earnings Ratio
96.2x
Current Industry PE
- Investors are pessimistic on the Brazilian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 53.5x which is lower than its 3-year average PE of 97.8x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 30% 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 Brazilian Healthcare industry?
| BR Market | -2.66% | |
| Healthcare | -5.72% | |
| Healthcare Services | -6.16% | |
| Healthcare Services | 5.29% | |
| Managed Healthcare | -5.91% | |
| Healthcare Distributors | -6.35% | |
| Healthcare Facilities | -8.74% | |
Industry PE
- Investors are most optimistic about the Managed Healthcare industry which is trading above its 3-year average PE ratio of 12.9x.
- Analysts are expecting annual earnings growth of 39.9%, which is lower than the prior year's growth of 48.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Managed Healthcare industry, expecting annual earnings growth of 40% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Healthcare Distributors industry is expected to see its earnings decline by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ONCO3 Oncoclínicas do Brasil Serviços Médicos | R$9.38 | 14.1% +R$589.6m | -13.5% | PE23.6x | |
| DASA3 Diagnósticos da América | R$4.30 | 14.4% +R$403.4m | -58.8% | PS0.2x |