Potential Upside For Diagnostic Medical Systems S.A. (EPA:ALDMS) Not Without Risk
Apr 20
French (CAC) Medical Equipment Industry Analysis
UpdatedMay 12, 2024
DataAggregated Company Financials
Companies14
- 7D0.7%
- 3M-3.7%
- 1Y0.7%
- YTDn/a
The Medical Equipment is pretty flat in the last 7 days, but Carmat has stood out, gaining 18%. As for the the longer term, the industry is up 3.5% over the past 12 months. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the French Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 May 2024 | €12.1b | €4.0b | €278.7m | 32.8x | 43.5x | 3x |
| Tue, 09 Apr 2024 | €12.0b | €4.0b | €294.3m | 20.7x | 40.7x | 3x |
| Thu, 07 Mar 2024 | €12.2b | €4.0b | €314.6m | 19.8x | 38.9x | 3x |
| Sat, 03 Feb 2024 | €12.5b | €4.1b | €315.2m | 30.6x | 39.6x | 3.1x |
| Mon, 01 Jan 2024 | €12.5b | €4.1b | €315.2m | 30.8x | 39.8x | 3.1x |
| Wed, 29 Nov 2023 | €12.4b | €4.1b | €315.2m | 30.3x | 39.2x | 3x |
| Fri, 27 Oct 2023 | €10.9b | €4.1b | €319.5m | 26.5x | 34x | 2.7x |
| Sun, 24 Sep 2023 | €11.6b | €4.2b | €319.6m | 7.5x | 36.4x | 2.8x |
| Tue, 22 Aug 2023 | €11.8b | €4.0b | €382.7m | 7x | 30.8x | 2.9x |
| Thu, 20 Jul 2023 | €12.0b | €4.0b | €382.7m | 6.5x | 31.4x | 3x |
| Sat, 17 Jun 2023 | €11.8b | €4.0b | €383.5m | 15.1x | 30.8x | 2.9x |
| Mon, 15 May 2023 | €12.3b | €4.1b | €381.1m | 15.5x | 32.2x | 3x |
| Wed, 12 Apr 2023 | €12.4b | €4.2b | €432.7m | 15.2x | 28.6x | 3x |
| Fri, 10 Mar 2023 | €12.3b | €4.1b | €433.8m | 15.1x | 28.3x | 3x |
| Sun, 05 Feb 2023 | €12.5b | €4.0b | €527.0m | 12.8x | 23.6x | 3.1x |
| Tue, 03 Jan 2023 | €12.5b | €4.0b | €523.1m | 21.1x | 24x | 3.1x |
| Thu, 01 Dec 2022 | €12.3b | €4.0b | €520.0m | 20.6x | 23.7x | 3.1x |
| Sat, 29 Oct 2022 | €11.6b | €4.0b | €506.2m | 19.4x | 22.9x | 2.9x |
| Mon, 26 Sep 2022 | €10.7b | €4.2b | €561.3m | 17.7x | 19x | 2.6x |
| Wed, 24 Aug 2022 | €12.4b | €4.1b | €671.8m | 13.6x | 18.4x | 3x |
| Fri, 22 Jul 2022 | €13.1b | €4.1b | €660.9m | 13.7x | 19.8x | 3.2x |
| Sun, 19 Jun 2022 | €10.5b | €4.1b | €654.3m | 11.6x | 16.1x | 2.6x |
| Tue, 17 May 2022 | €11.3b | €4.1b | €654.2m | 12.8x | 17.2x | 2.8x |
| Thu, 14 Apr 2022 | €12.4b | €4.2b | €613.4m | 10.5x | 20.2x | 3x |
| Sat, 12 Mar 2022 | €11.5b | €3.9b | €529.9m | 5.8x | 21.7x | 2.9x |
| Mon, 07 Feb 2022 | €13.2b | €3.8b | €456.9m | 6.1x | 28.9x | 3.5x |
| Wed, 05 Jan 2022 | €14.9b | €3.8b | €455.7m | 8.8x | 32.7x | 4x |
| Fri, 03 Dec 2021 | €15.0b | €3.8b | €457.9m | 6.9x | 32.9x | 4x |
| Sun, 31 Oct 2021 | €14.1b | €3.7b | €456.1m | 5.5x | 30.9x | 3.8x |
| Tue, 28 Sep 2021 | €13.0b | €3.7b | €467.9m | 6.1x | 27.8x | 3.5x |
| Thu, 26 Aug 2021 | €13.6b | €3.7b | €459.1m | 7.4x | 29.6x | 3.7x |
| Fri, 02 Jul 2021 | €12.6b | €3.7b | €459.1m | 7.1x | 27.5x | 3.4x |
Price to Earnings Ratio
29.9x
Current Industry PE
- Investors are optimistic on the French Healthcare Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 43.7x which is higher than its 3-year average PE of 29.1x.
- The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.1% 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 Comparison
How does French Medical Equipment compare with similar industries?
| FR Market | 2.74% | |
| Healthcare | 2.30% | |
| Medical Equipment | 1.78% | |
| Medical Equipment | 0.65% | |
| Medical Supplies | 1.93% | |
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 | |
|---|---|---|---|---|---|
| BIM bioMérieux | €99.30 | 0.6% +€70.9m | 2.2% | PE32.8x | |
| ALCAR Carmat | €4.20 | 36.8% +€28.0m | -45.5% | PS8.3x | |
| ALTHE Theraclion | €0.52 | 41.1% +€6.9m | -33.1% | PS6x | |
| ALIMP Implanet | €0.11 | 50.0% +€4.6m | -36.9% | PS1.8x | |
| ALVMG Visiomed Group | €0.20 | 6.8% +€3.8m | -50.5% | PS4.9x |
