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Swedish (OMX) Healthtech Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies9
  • 7D0.9%
  • 3M11.5%
  • 1Y35.4%
  • YTD33.1%

Last week, the Healthtech industry hasn't moved much but RaySearch Laboratories is up 5.6% in that time. As for the the longer term, the industry is up 35% over the past 12 months. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the Swedish Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024kr51.9bkr4.6bkr457.0m77.6x113.5x11.2x
Tue, 16 Apr 2024kr47.2bkr4.7bkr474.0m95.5x99.7x10.1x
Thu, 14 Mar 2024kr47.0bkr4.7bkr472.8m95.9x99.4x10x
Sat, 10 Feb 2024kr45.1bkr4.6bkr339.8m226.7x132.6x9.9x
Mon, 08 Jan 2024kr38.3bkr4.6bkr340.3m146.6x112.5x8.4x
Wed, 06 Dec 2023kr32.6bkr4.3bkr283.6m130.3x115x7.5x
Fri, 03 Nov 2023kr30.0bkr4.3bkr319.8m73.6x93.8x7x
Sun, 01 Oct 2023kr30.4bkr4.2bkr312.6m70x97.3x7.2x
Tue, 29 Aug 2023kr38.1bkr4.1bkr314.1m87.9x121.5x9.2x
Thu, 27 Jul 2023kr37.7bkr4.0bkr292.2m97.5x129x9.3x
Sat, 24 Jun 2023kr39.9bkr4.0bkr273.1m96.1x146x9.9x
Mon, 22 May 2023kr39.7bkr3.9bkr303.0m109.8x131.1x10.2x
Wed, 19 Apr 2023kr38.9bkr3.9bkr294.6m102.4x131.9x10.1x
Fri, 17 Mar 2023kr35.9bkr3.9bkr233.5m102.1x153.7x9.3x
Sun, 12 Feb 2023kr35.4bkr3.6bkr188.4m65.3x187.9x9.7x
Tue, 10 Jan 2023kr34.3bkr3.7bkr159.7m64.9x214.8x9.4x
Thu, 08 Dec 2022kr39.3bkr3.5bkr132.2m79.1x297x11.2x
Sat, 05 Nov 2022kr32.4bkr3.3bkr84.6m87.7x383x9.7x
Mon, 03 Oct 2022kr28.9bkr3.4bkr90.9m85.2x317.4x8.5x
Wed, 31 Aug 2022kr37.0bkr3.3bkr114.0m98.7x324.2x11.1x
Fri, 29 Jul 2022kr41.1bkr3.3bkr94.2m108.9x436.4x12.5x
Sun, 26 Jun 2022kr31.2bkr3.3bkr106.3m79.1x293.5x9.5x
Tue, 24 May 2022kr32.3bkr3.2bkr130.5m75.7x247.7x10.2x
Thu, 21 Apr 2022kr34.5bkr3.1bkr115.4m82.3x298.7x11.1x
Sat, 19 Mar 2022kr35.7bkr3.1bkr114.5m84.9x312.3x11.6x
Mon, 14 Feb 2022kr35.7bkr3.0bkr108.7m87x328.3x12x
Wed, 12 Jan 2022kr43.0bkr2.9bkr129.6m107.1x331.4x14.8x
Fri, 10 Dec 2021kr47.9bkr2.9bkr136.0m118.8x352x16.5x
Sun, 07 Nov 2021kr50.8bkr2.9bkr10.2m125.4x4954.7x17.6x
Tue, 05 Oct 2021kr42.9bkr2.8bkr34.4m134.9x1246.9x15.3x
Thu, 02 Sep 2021kr44.2bkr2.8bkr28.7m136x1539x15.8x
Sat, 31 Jul 2021kr36.2bkr2.8bkr28.7m128.1x1259.5x12.9x
Price to Earnings Ratio

-890.4x


Total Market Cap: kr29.7bTotal Earnings: -kr33,319,578.00Total Revenue: kr2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Healthtech Industry Price to Earnings3Y Average 314.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Healthcare Services 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 118x which is lower than its 3-year average PE of 314x.
  • The industry is trading close to its 3-year average PS ratio of 11.0x.
Past Earnings Growth
  • Total earnings for the Healthcare Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Healthcare industry?

SE Market0.39%
Healthcare0.13%
Healthtech0.88%
Healthtech0.88%
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
RAY B RaySearch Laboratorieskr140.005.6%
+kr253.7m		83.7%PE47.7x
SECT B Sectrakr236.800.4%
+kr192.7m		35.5%PE107.5x
MNTC Menticekr31.904.6%
+kr35.8m		-30.2%PS3.2x
KONT Kontigo Carekr2.10-8.7%
kr4.1m		-39.1%PE317.4x
IZAFE B iZafe Groupkr0.232.7%
+kr1.7m		-21.4%PS12.6x
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Latest News

RAY B

kr140.00

RaySearch Laboratories

7D

5.6%

1Y

83.7%

AINO

kr0.29

Aino Health

7D

0.3%

1Y

-66.2%

PTRK

kr15.15

Physitrack

7D

-7.1%

1Y

-22.1%

ORTI B

kr2.49

Ortivus

7D

0.4%

1Y

-39.9%

MNTC

kr31.90

Mentice

7D

4.6%

1Y

-30.2%

These Analysts Think Mentice AB (publ)'s (STO:MNTC) Sales Are Under Threat

May 09
These Analysts Think Mentice AB (publ)'s (STO:MNTC) Sales Are Under Threat

SECT B

kr236.80

Sectra

7D

0.4%

1Y

35.5%

Sectra (STO:SECT B) Knows How To Allocate Capital

May 08
Sectra (STO:SECT B) Knows How To Allocate Capital

MEDHLP

kr3.04

Medhelp Care Aktiebolag

7D

-5.0%

1Y

-17.8%

IZAFE B

kr0.23

iZafe Group

7D

2.7%

1Y

-21.4%

RIGHTB

kr0.028

RightBridge Ventures Group

7D

-3.4%

1Y

-86.9%

QCORE

kr7.80

Qlucore

7D

-3.7%

1Y

-32.8%

KONT

kr2.10

Kontigo Care

7D

-8.7%

1Y

-39.1%

AGILIT

kr0.12

Agilit Holding

7D

-29.0%

1Y

n/a