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U.K. (FTSE) Medical Equipment Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies14
  • 7D1.9%
  • 3M-9.6%
  • 1Y-19.8%
  • YTDn/a

In the last week, the Medical Equipment industry is up 1.9%, with Smith & Nephew up 1.9%. In the same time, Inspiration Healthcare Group was down 46%. In contrast, the industry has lost 20% in the last 12 months. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the U.K. Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024UK£9.4bUK£4.6bUK£138.4m41.4x67.8x2x
Fri, 05 Apr 2024UK£8.8bUK£4.5bUK£127.4m48.8x69.1x1.9x
Sun, 03 Mar 2024UK£9.5bUK£4.5bUK£112.3m43.9x84.7x2.1x
Tue, 30 Jan 2024UK£10.1bUK£4.4bUK£30.5m55.6x331x2.3x
Thu, 28 Dec 2023UK£9.8bUK£4.4bUK£29.2m54.7x337.3x2.2x
Sat, 25 Nov 2023UK£9.4bUK£4.4bUK£31.5m51.6x299.1x2.1x
Mon, 23 Oct 2023UK£8.5bUK£4.6bUK£36.7m44.8x232.1x1.9x
Wed, 20 Sep 2023UK£9.6bUK£4.5bUK£36.5m80.4x263.1x2.1x
Fri, 18 Aug 2023UK£10.0bUK£4.4bUK£33.3m60.1x300.5x2.3x
Sun, 16 Jul 2023UK£10.9bUK£4.2bUK£35.6m60.4x305x2.6x
Tue, 13 Jun 2023UK£10.9bUK£4.4bUK£43.2m77.7x252.6x2.5x
Thu, 11 May 2023UK£11.5bUK£4.3bUK£40.5m68.9x284.9x2.7x
Sat, 08 Apr 2023UK£10.5bUK£4.4bUK£28.0m55.5x375x2.4x
Mon, 06 Mar 2023UK£11.2bUK£4.5bUK£50.6m17.1x221.1x2.5x
Wed, 01 Feb 2023UK£10.4bUK£4.4bUK£267.8m20.8x38.8x2.3x
Fri, 30 Dec 2022UK£10.5bUK£4.5bUK£275.8m23.4x37.9x2.3x
Sun, 27 Nov 2022UK£10.5bUK£4.5bUK£281.0m23.4x37.3x2.3x
Tue, 25 Oct 2022UK£9.6bUK£4.9bUK£309.7m21.4x31.1x2x
Thu, 22 Sep 2022UK£10.0bUK£4.8bUK£317.5m19.9x31.4x2.1x
Sat, 20 Aug 2022UK£10.2bUK£4.6bUK£310.1m17.9x32.8x2.2x
Mon, 18 Jul 2022UK£11.2bUK£4.6bUK£325.5m12.2x34.3x2.4x
Wed, 15 Jun 2022UK£11.3bUK£4.5bUK£324.1m14.8x34.9x2.5x
Fri, 13 May 2022UK£11.9bUK£4.4bUK£355.4m14.1x33.5x2.7x
Sun, 10 Apr 2022UK£12.0bUK£4.2bUK£333.3m14.1x36x2.9x
Tue, 08 Mar 2022UK£11.8bUK£4.1bUK£334.7m14.5x35.1x2.8x
Thu, 03 Feb 2022UK£12.4bUK£3.9bUK£343.8m17.1x36.1x3.1x
Sat, 01 Jan 2022UK£12.9bUK£4.0bUK£344.5m20.8x37.5x3.3x
Mon, 29 Nov 2021UK£12.4bUK£4.0bUK£348.9m19.6x35.5x3.1x
Wed, 27 Oct 2021UK£13.1bUK£3.9bUK£335.1m22.8x38.9x3.4x
Fri, 24 Sep 2021UK£13.4bUK£3.9bUK£339.9m29.1x39.4x3.4x
Sun, 22 Aug 2021UK£14.0bUK£3.9bUK£355.9m31.8x39.4x3.6x
Fri, 09 Jul 2021UK£15.3bUK£3.6bUK£317.0m32.5x48.2x4.2x
Price to Earnings Ratio

47.2x


Total Market Cap: UK£15.0bTotal Earnings: UK£318.5mTotal Revenue: UK£3.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Medical Equipment Industry Price to Earnings3Y Average 129.3x202220232024
Current Industry PE
  • Investors are pessimistic on the British Healthcare Equipment 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 67.8x which is lower than its 3-year average PE of 129x.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 24% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.2% 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 U.K. Medical Equipment compare with similar industries?

GB Market1.96%
Healthcare1.89%
Medical Equipment2.78%
Medical Equipment1.92%
Medical Supplies4.12%
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?

CompanyLast Price7D1YValuation
SN. Smith & NephewUK£9.981.9%
+UK£164.0m		-20.7%PE41.4x
AGL ANGLEUK£0.2154.5%
+UK£19.5m		0%PS30.4x
OBI Ondine BiomedicalUK£0.0730.2%
+UK£3.7m		-63.2%PS33.9x
NIOX NIOX GroupUK£0.710.6%
+UK£1.7m		42.8%PE31.9x
BELL BelluscuraUK£0.0810.3%
+UK£1.2m		-78.1%PS13.7x
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Latest News

CREO

UK£0.35

Creo Medical Group

7D

-3.5%

1Y

39.0%

OBI

UK£0.07

Ondine Biomedical

7D

30.2%

1Y

-63.2%

SN.

UK£9.98

Smith & Nephew

7D

1.9%

1Y

-20.7%

AGL

UK£0.21

ANGLE

7D

54.5%

1Y

0%

EKF

UK£0.29

EKF Diagnostics Holdings

7D

0.7%

1Y

7.4%

IHC

UK£0.17

Inspiration Healthcare Group

7D

-46.0%

1Y

-62.4%

NSCI

UK£0.63

NetScientific

7D

-0.8%

1Y

-16.1%

NIOX

UK£0.71

NIOX Group

7D

0.6%

1Y

42.8%

BELL

UK£0.08

Belluscura

7D

10.3%

1Y

-78.1%

POLX

UK£0.037

Polarean Imaging

7D

-1.3%

1Y

-84.7%