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Swedish (OMX) Healthtech Industry Analysis

UpdatedMay 23, 2024
DataAggregated Company Financials
Companies9
  • 7D-1.9%
  • 3M15.0%
  • 1Y42.2%
  • YTDn/a

Over the last 7 days, the Healthtech industry has dropped 1.9%, driven by a pullback from Sectra of 3.9%. Meanwhile, RaySearch Laboratories actually outperformed within the industry, gaining 18% in the last week. In the past year, the industry has gained 42%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 May 2024kr52.1bkr4.6bkr457.5m68.8x113.8x11.3x
Sat, 20 Apr 2024kr46.7bkr4.7bkr474.5m94.3x98.5x10x
Mon, 18 Mar 2024kr46.4bkr4.7bkr473.1m94.6x98x9.9x
Wed, 14 Feb 2024kr45.5bkr4.6bkr327.9m226x138.8x10x
Fri, 12 Jan 2024kr40.4bkr4.6bkr340.3m140.3x118.6x8.8x
Sun, 10 Dec 2023kr33.5bkr4.3bkr283.6m135x118.1x7.7x
Tue, 07 Nov 2023kr31.3bkr4.3bkr319.8m73x97.8x7.3x
Thu, 05 Oct 2023kr30.6bkr4.2bkr312.6m67.3x98x7.2x
Sat, 02 Sep 2023kr38.1bkr4.1bkr316.4m86.1x120.5x9.2x
Mon, 31 Jul 2023kr37.9bkr4.0bkr292.2m98.6x129.9x9.4x
Wed, 28 Jun 2023kr39.4bkr4.0bkr273.1m92.8x144.2x9.8x
Fri, 26 May 2023kr37.8bkr3.9bkr304.3m105.9x124.3x9.6x
Sun, 23 Apr 2023kr38.1bkr3.9bkr294.6m101.2x129.2x9.9x
Tue, 21 Mar 2023kr35.4bkr3.9bkr233.5m99.6x151.7x9.2x
Thu, 16 Feb 2023kr36.2bkr3.6bkr188.5m67.6x192.2x9.9x
Sat, 14 Jan 2023kr35.7bkr3.7bkr159.6m65.6x223.9x9.8x
Mon, 12 Dec 2022kr39.5bkr3.5bkr132.3m79.4x298.7x11.2x
Wed, 09 Nov 2022kr32.6bkr3.4bkr91.7m87.7x355.4x9.5x
Fri, 07 Oct 2022kr31.0bkr3.4bkr90.9m86.2x341.2x9.1x
Sun, 04 Sep 2022kr32.3bkr3.4bkr94.3m92.5x342.4x9.5x
Tue, 02 Aug 2022kr42.8bkr3.3bkr94.3m114.3x453.9x13x
Thu, 30 Jun 2022kr32.7bkr3.3bkr106.3m83.8x307.8x9.9x
Sat, 28 May 2022kr32.4bkr3.2bkr127.2m76.6x254.4x10.2x
Mon, 25 Apr 2022kr33.2bkr3.1bkr115.4m78.8x287.6x10.7x
Wed, 23 Mar 2022kr35.3bkr3.1bkr114.5m83.1x308.8x11.4x
Fri, 18 Feb 2022kr35.1bkr3.0bkr108.6m86.9x322.8x11.8x
Sun, 16 Jan 2022kr40.4bkr2.9bkr129.6m99.6x311.4x13.9x
Tue, 14 Dec 2021kr43.9bkr2.9bkr129.7m109.8x338.2x15.1x
Thu, 11 Nov 2021kr51.5bkr2.9bkr10.2m126.5x5059.1x17.9x
Sat, 09 Oct 2021kr43.1bkr2.8bkr34.4m134.9x1252.4x15.4x
Mon, 06 Sep 2021kr50.2bkr2.8bkr34.4m143x1458.4x17.9x
Wed, 04 Aug 2021kr37.6bkr2.8bkr28.7m131.1x1308.9x13.4x
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 313.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Health Care Technology 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 114x 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 Health Care Technology 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 Comparison

How does Swedish Healthtech compare with similar industries?

SE Market0.50%
Healthcare-0.85%
Healthtech-1.92%
Healthtech-1.92%
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 Laboratorieskr146.0018.3%
+kr774.8m		96.0%PE49.7x
MNTC Menticekr31.407.9%
+kr58.8m		-35.5%PS3.1x
IZAFE B iZafe Groupkr0.235.1%
+kr3.0m		-16.7%PS12.4x
QCORE Qlucorekr8.404.3%
+kr1.4m		-29.4%PS0.9x
KONT Kontigo Carekr2.131.9%
+kr1.3m		-38.8%PE87.9x
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Latest News

RAY B

kr146.00

RaySearch Laboratories

7D

18.3%

1Y

96.0%

AINO

kr0.27

Aino Health

7D

-16.9%

1Y

-70.6%

PTRK

kr15.50

Physitrack

7D

-4.0%

1Y

-24.0%

MNTC

kr31.40

Mentice

7D

7.9%

1Y

-35.5%

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

-3.9%

1Y

42.8%

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

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

MEDHLP

kr3.02

Medhelp Care Aktiebolag

7D

0.7%

1Y

-19.9%

IZAFE B

kr0.23

iZafe Group

7D

5.1%

1Y

-16.7%

RIGHTB

kr0.029

RightBridge Ventures Group

7D

2.1%

1Y

-83.3%

QCORE

kr8.40

Qlucore

7D

4.3%

1Y

-29.4%

KONT

kr2.13

Kontigo Care

7D

1.9%

1Y

-38.8%

AGILIT

kr0.12

Agilit Holding

7D

-29.0%

1Y

n/a