Canadian (TSX) Healthtech Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies11
- 7D2.8%
- 3M16.3%
- 1Y48.9%
- YTD38.2%
In the last week, the Healthtech industry is up 2.8%, with kneat.com up 4.9%. This means that the industry has gained 49% over the past year. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Canadian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | CA$782.3m | CA$125.7m | -CA$25,717,979.33 | 46.3x | -30.4x | 6.2x |
| Sat, 06 Apr 2024 | CA$751.9m | CA$226.5m | -CA$50,470,392.50 | 39.7x | -14.9x | 3.3x |
| Mon, 04 Mar 2024 | CA$720.7m | CA$224.1m | -CA$51,729,735.09 | 47.2x | -13.9x | 3.2x |
| Wed, 31 Jan 2024 | CA$636.4m | CA$221.5m | -CA$76,314,769.00 | 37.6x | -8.3x | 2.9x |
| Fri, 29 Dec 2023 | CA$594.8m | CA$221.0m | -CA$74,721,160.00 | 34.6x | -8x | 2.7x |
| Sun, 26 Nov 2023 | CA$693.8m | CA$220.7m | -CA$78,042,015.00 | 35.4x | -8.9x | 3.1x |
| Tue, 24 Oct 2023 | CA$653.9m | CA$214.7m | -CA$82,196,586.00 | 265.1x | -8x | 3x |
| Thu, 21 Sep 2023 | CA$705.0m | CA$213.7m | -CA$84,054,021.00 | 265.1x | -8.4x | 3.3x |
| Sat, 19 Aug 2023 | CA$574.2m | CA$196.6m | -CA$81,701,204.00 | 248.6x | -7x | 2.9x |
| Mon, 17 Jul 2023 | CA$562.5m | CA$190.0m | -CA$79,610,746.00 | n/a | -7.1x | 3x |
| Wed, 14 Jun 2023 | CA$550.5m | CA$190.2m | -CA$80,978,522.00 | n/a | -6.8x | 2.9x |
| Fri, 12 May 2023 | CA$645.5m | CA$201.2m | -CA$89,903,184.00 | 95.9x | -7.2x | 3.2x |
| Sun, 09 Apr 2023 | CA$677.1m | CA$199.6m | -CA$108,259,427.00 | 97x | -6.3x | 3.4x |
| Tue, 07 Mar 2023 | CA$687.8m | CA$195.5m | -CA$106,784,624.00 | 120.2x | -6.4x | 3.5x |
| Thu, 02 Feb 2023 | CA$710.3m | CA$191.1m | -CA$108,315,502.00 | 132.5x | -6.6x | 3.7x |
| Sat, 31 Dec 2022 | CA$685.7m | CA$193.0m | -CA$111,296,734.00 | 121.9x | -6.2x | 3.6x |
| Mon, 28 Nov 2022 | CA$707.2m | CA$170.8m | -CA$129,430,400.00 | 106.2x | -5.5x | 4.1x |
| Wed, 26 Oct 2022 | CA$663.3m | CA$163.8m | -CA$131,092,479.00 | 333.8x | -5.1x | 4x |
| Fri, 23 Sep 2022 | CA$655.8m | CA$163.7m | -CA$131,241,315.00 | 325.9x | -5x | 4x |
| Sun, 21 Aug 2022 | CA$715.4m | CA$152.8m | -CA$127,302,500.00 | 349.1x | -5.6x | 4.7x |
| Tue, 19 Jul 2022 | CA$648.2m | CA$146.4m | -CA$124,034,084.00 | 878.5x | -5.2x | 4.4x |
| Thu, 16 Jun 2022 | CA$655.1m | CA$146.3m | -CA$138,310,463.00 | 467.5x | -4.7x | 4.5x |
| Sat, 14 May 2022 | CA$679.9m | CA$136.0m | -CA$143,404,888.00 | 537.5x | -4.7x | 5x |
| Mon, 11 Apr 2022 | CA$914.9m | CA$110.4m | -CA$180,675,509.00 | 523.5x | -5.1x | 8.3x |
| Wed, 09 Mar 2022 | CA$801.9m | CA$87.8m | -CA$180,351,560.00 | 13.8x | -4.4x | 9.1x |
| Fri, 04 Feb 2022 | CA$951.7m | CA$82.6m | -CA$174,141,495.00 | 14.2x | -5.5x | 11.5x |
| Sun, 02 Jan 2022 | CA$1.1b | CA$82.9m | -CA$174,631,531.00 | 11x | -6.4x | 13.6x |
| Tue, 30 Nov 2021 | CA$1.2b | CA$74.1m | -CA$146,529,006.00 | 11.6x | -7.9x | 15.5x |
| Thu, 28 Oct 2021 | CA$1.1b | CA$76.4m | -CA$145,216,174.00 | 15.5x | -7.8x | 14.7x |
| Sat, 25 Sep 2021 | CA$1.1b | CA$76.5m | -CA$144,008,698.00 | 14.2x | -7.7x | 14.4x |
| Mon, 23 Aug 2021 | CA$1.0b | CA$76.4m | -CA$133,419,246.40 | 10.7x | -7.7x | 13.5x |
| Sat, 10 Jul 2021 | CA$1.1b | CA$76.4m | -CA$133,419,246.40 | 11x | -7.9x | 13.7x |
Price to Earnings Ratio
-9.8x
Current Industry PE
- Investors are relatively neutral on the Canadian Healthcare Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 6.7x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have improved over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Canadian Healthcare industry?
| CA Market | 3.09% | |
| Healthcare | -3.68% | |
| Healthtech | 2.84% | |
| Healthtech | 2.84% | |
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 | |
|---|---|---|---|---|---|
| KSI kneat.com | CA$4.04 | 4.9% +CA$16.2m | 52.5% | PS10.1x | |
| VHI Vitalhub | CA$6.57 | 1.2% +CA$4.1m | 146.1% | PE73.2x | |
| ADK DIAGNOS | CA$0.31 | 10.7% +CA$2.3m | -19.5% | PS121x | |
| AIAI NetraMark Holdings | CA$0.33 | 8.3% +CA$1.7m | -29.3% | PS245.8x | |
| EKG CardioComm Solutions | CA$0.015 | 50.0% +CA$755.8k | 50.0% | PS2.6x |