Investors Give Kovo HealthTech Corporation (CVE:KOVO) Shares A 27% Hiding
May 02
Canadian (TSX) Healthtech Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies11
- 7D3.9%
- 3M18.1%
- 1Y50.8%
- YTDn/a
In the last week, the Healthtech industry is up 3.9%, with kneat.com leading the way, up 4.4%. This takes the industry's 12 month performance to a gain of 51%. 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 |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | CA$776.3m | CA$125.7m | -CA$25,718,574.55 | 45.7x | -30.2x | 6.2x |
| Fri, 05 Apr 2024 | CA$743.9m | CA$226.4m | -CA$50,420,772.67 | 40x | -14.8x | 3.3x |
| Sun, 03 Mar 2024 | CA$720.7m | CA$224.1m | -CA$51,729,735.09 | 47.2x | -13.9x | 3.2x |
| Tue, 30 Jan 2024 | CA$654.6m | CA$221.5m | -CA$76,327,608.00 | 37.6x | -8.6x | 3x |
| Thu, 28 Dec 2023 | CA$594.8m | CA$221.0m | -CA$74,707,356.00 | 35.4x | -8x | 2.7x |
| Sat, 25 Nov 2023 | CA$691.4m | CA$220.7m | -CA$78,042,015.00 | 35.4x | -8.9x | 3.1x |
| Mon, 23 Oct 2023 | CA$658.2m | CA$214.7m | -CA$82,204,392.00 | 265.1x | -8x | 3.1x |
| Wed, 20 Sep 2023 | CA$692.3m | CA$213.6m | -CA$84,044,171.00 | 255.2x | -8.2x | 3.2x |
| Fri, 18 Aug 2023 | CA$573.9m | CA$196.6m | -CA$80,655,879.00 | 248.6x | -7.1x | 2.9x |
| Sun, 16 Jul 2023 | CA$562.5m | CA$190.0m | -CA$79,610,746.00 | n/a | -7.1x | 3x |
| Tue, 13 Jun 2023 | CA$552.5m | CA$190.3m | -CA$80,986,489.00 | n/a | -6.8x | 2.9x |
| Thu, 11 May 2023 | CA$652.9m | CA$198.3m | -CA$93,770,194.00 | 97x | -7x | 3.3x |
| Sat, 08 Apr 2023 | CA$677.1m | CA$199.6m | -CA$108,259,427.00 | 97x | -6.3x | 3.4x |
| Mon, 06 Mar 2023 | CA$690.1m | CA$195.4m | -CA$106,782,302.00 | 120.7x | -6.5x | 3.5x |
| Wed, 01 Feb 2023 | CA$710.2m | CA$191.3m | -CA$108,341,538.00 | 134.3x | -6.6x | 3.7x |
| Fri, 30 Dec 2022 | CA$685.7m | CA$193.0m | -CA$111,297,934.00 | 127.9x | -6.2x | 3.6x |
| Sun, 27 Nov 2022 | CA$707.2m | CA$170.8m | -CA$129,430,400.00 | 106.2x | -5.5x | 4.1x |
| Tue, 25 Oct 2022 | CA$639.3m | CA$164.0m | -CA$131,113,337.00 | 325.9x | -4.9x | 3.9x |
| Thu, 22 Sep 2022 | CA$666.3m | CA$163.6m | -CA$131,223,367.00 | 324.6x | -5.1x | 4.1x |
| Sat, 20 Aug 2022 | CA$715.3m | CA$152.8m | -CA$127,302,500.00 | 349.1x | -5.6x | 4.7x |
| Mon, 18 Jul 2022 | CA$648.2m | CA$146.4m | -CA$124,034,084.00 | 878.5x | -5.2x | 4.4x |
| Wed, 15 Jun 2022 | CA$620.2m | CA$146.2m | -CA$138,310,770.00 | 520.5x | -4.5x | 4.2x |
| Fri, 13 May 2022 | CA$669.3m | CA$129.1m | -CA$145,733,667.00 | 537.2x | -4.6x | 5.2x |
| Sun, 10 Apr 2022 | CA$914.9m | CA$110.4m | -CA$180,675,509.00 | 523.5x | -5.1x | 8.3x |
| Tue, 08 Mar 2022 | CA$830.7m | CA$87.8m | -CA$180,351,560.00 | 13.8x | -4.6x | 9.5x |
| Thu, 03 Feb 2022 | CA$968.8m | CA$82.6m | -CA$174,141,495.00 | 14.2x | -5.6x | 11.7x |
| Sat, 01 Jan 2022 | CA$1.1b | CA$82.9m | -CA$174,631,531.00 | 11x | -6.4x | 13.6x |
| Mon, 29 Nov 2021 | CA$1.2b | CA$74.1m | -CA$146,526,417.00 | 12.9x | -7.9x | 15.5x |
| Wed, 27 Oct 2021 | CA$1.1b | CA$76.4m | -CA$145,243,366.00 | 15.5x | -7.8x | 14.8x |
| Fri, 24 Sep 2021 | CA$1.1b | CA$76.5m | -CA$143,990,327.00 | 13.8x | -7.8x | 14.7x |
| Sun, 22 Aug 2021 | CA$1.0b | CA$76.4m | -CA$133,419,246.40 | 10.7x | -7.6x | 13.2x |
| Fri, 09 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 Health Care Technology 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 Health Care Technology 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 Comparison
How does Canadian Healthtech compare with similar industries?
| CA Market | 2.53% | |
| Healthcare | -12.82% | |
| Healthtech | 3.87% | |
| Healthtech | 3.87% | |
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 | |
|---|---|---|---|---|---|
| KSI kneat.com | CA$4.06 | 4.4% +CA$14.5m | 57.4% | PS10.1x | |
| VHI Vitalhub | CA$6.45 | 4.2% +CA$13.2m | 143.4% | PE71.9x | |
| ADK DIAGNOS | CA$0.32 | 16.4% +CA$3.4m | -23.8% | PS124.9x | |
| AIAI NetraMark Holdings | CA$0.33 | 10.0% +CA$2.0m | -28.3% | PS249.6x | |
| AVCR Avricore Health | CA$0.17 | 6.5% +CA$998.7k | -42.1% | PS4.7x |