German (DAX) Healthcare Services Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies5
- 7D-1.3%
- 3M2.2%
- 1Y-1.4%
- YTDn/a
Over the last 7 days, the Healthcare Services industry has dropped 1.3%, driven by Fresenius SE KGaA declining 2.5%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the German Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | €29.9b | €44.6b | €883.1m | 25.1x | 33.9x | 0.7x |
| Tue, 16 Apr 2024 | €27.2b | €44.5b | €919.4m | 25.8x | 29.6x | 0.6x |
| Thu, 14 Mar 2024 | €27.6b | €63.8b | €1.5b | 18.9x | 17.9x | 0.4x |
| Sat, 10 Feb 2024 | €27.4b | €63.8b | €1.5b | 20.2x | 18.3x | 0.4x |
| Mon, 08 Jan 2024 | €30.1b | €63.9b | €1.5b | 18.7x | 20x | 0.5x |
| Wed, 06 Dec 2023 | €30.0b | €63.9b | €1.5b | 18.3x | 19.9x | 0.5x |
| Fri, 03 Nov 2023 | €26.3b | €64.0b | €1.4b | 18.2x | 18.2x | 0.4x |
| Sun, 01 Oct 2023 | €31.0b | €64.2b | €1.7b | 18.3x | 18.8x | 0.5x |
| Tue, 29 Aug 2023 | €31.8b | €64.2b | €1.6b | 19.2x | 19.3x | 0.5x |
| Thu, 27 Jul 2023 | €32.0b | €63.9b | €1.9b | 12.3x | 17.3x | 0.5x |
| Sat, 24 Jun 2023 | €29.5b | €63.9b | €1.9b | 11.4x | 15.9x | 0.5x |
| Mon, 22 May 2023 | €30.4b | €63.9b | €1.9b | 11.9x | 16.4x | 0.5x |
| Wed, 19 Apr 2023 | €28.8b | €63.6b | €2.2b | 12.6x | 13.1x | 0.5x |
| Fri, 17 Mar 2023 | €26.4b | €63.9b | €2.4b | 10.6x | 11.1x | 0.4x |
| Sun, 12 Feb 2023 | €31.1b | €62.9b | €2.7b | 10.6x | 11.4x | 0.5x |
| Tue, 10 Jan 2023 | €30.2b | €62.9b | €2.7b | 10.7x | 11.1x | 0.5x |
| Thu, 08 Dec 2022 | €28.9b | €62.8b | €2.7b | 9.2x | 10.7x | 0.5x |
| Sat, 05 Nov 2022 | €26.4b | €61.8b | €2.9b | 7.7x | 9.2x | 0.4x |
| Mon, 03 Oct 2022 | €23.8b | €61.2b | €2.9b | 7.2x | 8.2x | 0.4x |
| Wed, 31 Aug 2022 | €27.3b | €61.2b | €2.9b | 8.1x | 9.4x | 0.4x |
| Fri, 29 Jul 2022 | €32.2b | €60.1b | €3.3b | 8.5x | 9.7x | 0.5x |
| Sun, 26 Jun 2022 | €33.4b | €60.1b | €3.3b | 8.7x | 10.1x | 0.6x |
| Tue, 24 May 2022 | €38.2b | €60.1b | €3.3b | 10x | 11.5x | 0.6x |
| Thu, 21 Apr 2022 | €41.8b | €58.9b | €3.4b | 14.9x | 12.3x | 0.7x |
| Sat, 19 Mar 2022 | €39.7b | €58.9b | €3.4b | 14.1x | 11.8x | 0.7x |
| Mon, 14 Feb 2022 | €42.1b | €58.0b | €3.2b | 15.2x | 13x | 0.7x |
| Wed, 12 Jan 2022 | €42.5b | €58.0b | €3.2b | 15.2x | 13.1x | 0.7x |
| Fri, 10 Dec 2021 | €40.2b | €58.0b | €3.2b | 14.3x | 12.4x | 0.7x |
| Sun, 07 Nov 2021 | €44.9b | €57.8b | €3.0b | 16.2x | 14.8x | 0.8x |
| Tue, 05 Oct 2021 | €45.1b | €57.4b | €3.1b | 15.4x | 14.4x | 0.8x |
| Thu, 02 Sep 2021 | €48.2b | €57.4b | €3.1b | 16.7x | 15.4x | 0.8x |
| Sat, 31 Jul 2021 | €48.4b | €57.4b | €3.1b | 16.9x | 15.5x | 0.8x |
Price to Earnings Ratio
15.8x
Current Industry PE
- Investors are optimistic on the German Healthcare Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.9x which is higher than its 3-year average PE of 14.7x.
- The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have declined 34% per year over the last three years,
- Revenues have also declined 7.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does German Healthcare Services compare with similar industries?
| DE Market | -0.43% | |
| Healthcare | 1.61% | |
| Healthcare Services | -1.13% | |
| Healthcare Services | -1.32% | |
| Healthcare Distributors | 2.23% | |
| Healthcare Facilities | 2.05% | |
| Managed Healthcare | 0% | |
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 | |
|---|---|---|---|---|---|
| FME Fresenius Medical Care | €40.46 | 0.1% +€17.6m | -6.4% | PE24.5x | |
| V3V VITA 34 | €4.76 | 3.5% +€2.8m | -32.4% | PS1.1x |