Italian (Borsa Italiana) Healthcare Services Industry Analysis

Industry Valuation and Performance

Has the Italian Healthcare Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 30 Oct 2023	€6.3b	€2.9b	€205.5m	16.3x	30.5x	2.2x
Wed, 27 Sep 2023	€6.8b	€2.9b	€205.5m	16.4x	33.1x	2.3x
Fri, 25 Aug 2023	€7.2b	€2.9b	€207.2m	15.4x	34.8x	2.5x
Sun, 23 Jul 2023	€7.4b	€2.9b	€212.5m	14.3x	35x	2.6x
Tue, 20 Jun 2023	€8.2b	€2.9b	€212.5m	14.5x	38.7x	2.9x
Thu, 18 May 2023	€8.1b	€2.9b	€210.3m	14.2x	38.6x	2.8x
Sat, 15 Apr 2023	€7.8b	€2.8b	€207.9m	15.3x	37.4x	2.8x
Mon, 13 Mar 2023	€7.0b	€2.8b	€210.5m	14.9x	33.1x	2.5x
Wed, 08 Feb 2023	€6.7b	€2.8b	€210.5m	14.8x	31.7x	2.4x
Fri, 06 Jan 2023	€6.5b	€2.8b	€210.5m	15x	30.8x	2.3x
Sun, 04 Dec 2022	€6.8b	€2.5b	€210.5m	15.2x	32.5x	2.7x
Tue, 01 Nov 2022	€6.1b	€2.8b	€210.8m	16.1x	28.8x	2.2x
Thu, 29 Sep 2022	€6.3b	€2.7b	€206.0m	15.4x	30.5x	2.3x
Sat, 27 Aug 2022	€6.3b	€2.7b	€201.2m	26.2x	31.2x	2.3x
Mon, 25 Jul 2022	€7.5b	€2.7b	€199.0m	23.8x	37.5x	2.8x
Wed, 22 Jun 2022	€6.4b	€2.7b	€199.0m	20.4x	32x	2.4x
Fri, 20 May 2022	€7.6b	€2.7b	€199.0m	20.3x	38.1x	2.8x
Sun, 17 Apr 2022	€9.7b	€2.6b	€192.4m	22.1x	50.2x	3.8x
Tue, 15 Mar 2022	€8.7b	€2.5b	€196.3m	18.9x	44.4x	3.4x
Thu, 10 Feb 2022	€8.8b	€2.5b	€191.8m	17.7x	45.8x	3.5x
Sat, 08 Jan 2022	€10.4b	€2.5b	€191.8m	18.9x	54.2x	4.1x
Mon, 06 Dec 2021	€10.0b	€2.5b	€191.8m	19.6x	52.4x	4x
Wed, 03 Nov 2021	€10.6b	€2.5b	€189.2m	21.2x	55.9x	4.2x
Fri, 01 Oct 2021	€9.9b	€2.5b	€193.2m	25.5x	51.5x	4x
Sun, 29 Aug 2021	€10.5b	€2.4b	€184.4m	37x	56.8x	4.3x
Mon, 05 Jul 2021	€10.0b	€2.4b	€184.4m	35.5x	54.2x	4.1x
Thu, 08 Apr 2021	€7.7b	€2.2b	€134.8m	30.6x	57.2x	3.6x
Sun, 10 Jan 2021	€8.2b	€2.1b	€115.3m	30x	71.2x	3.9x

Current Industry PE

Investors are pessimistic on the Italian Healthcare 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 30.5x which is lower than its 3-year average PE of 47.1x.

The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.2x.

Past Earnings Growth

The earnings for companies in the Healthcare industry have grown 29% per year over the last three years.
Revenues for these companies have grown 12% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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


IT Market	-0.83%
Healthcare	-2.31%
Healthcare Services	-5.04%
Healthcare Facilities	0.23%
Managed Healthcare	0%
Healthcare Services	-0.80%
Healthcare Distributors	-5.43%

Industry PE

Investors are most optimistic about the Healthcare Distributors industry even though it's trading below its 3-year average PE ratio of 51.0x.

Analysts are expecting annual earnings growth of 14.0%, which is higher than its past year's earnings decline of 0.5% per year.

Investors are most pessimistic about the Healthcare Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.

Forecasted Growth

Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 21% over the next 5 years.
This is better than its past earnings decline of 21% per year.

In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 4.7% per year over the next few years.

Company	Last Price	7D	1Y	Valuation
GHC Garofalo Health Care	€4.46	0.5% +€1.8m	10.9%	PE16.4x
EUK EuKedos	€0.91	3.9% +€773.2k	-26.9%	PE50.6x
HI Health Italia	€1.41	0.7% +€187.0k	12.4%	PE8.5x

Company

Last Price

Valuation

GHC Garofalo Health Care

€4.46

0.5%
+€1.8m

10.9%

PE16.4x

EUK EuKedos

€0.91

3.9%
+€773.2k

-26.9%