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Danish (OMX) Medical Equipment Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies6
  • 7D-1.4%
  • 3M-14.0%
  • 1Y-8.4%
  • YTD-7.6%

Over the last 7 days, the Medical Equipment industry has dropped 1.4%, driven by a pullback from Coloplast of 0.9%. However, the industry is down 8.4% over the past year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Danish Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023kr.247.5bkr.55.8bkr.7.5b29.6x33.2x4.4x
Wed, 27 Sep 2023kr.261.9bkr.55.7bkr.7.4b35x35.3x4.7x
Fri, 25 Aug 2023kr.270.8bkr.55.5bkr.7.4b35.5x36.7x4.9x
Sun, 23 Jul 2023kr.272.7bkr.53.3bkr.7.3b36.2x37.5x5.1x
Tue, 20 Jun 2023kr.285.1bkr.53.4bkr.7.3b38.3x39.2x5.3x
Thu, 18 May 2023kr.297.5bkr.52.9bkr.7.1b41.9x41.8x5.6x
Sat, 15 Apr 2023kr.298.1bkr.52.7bkr.7.3b44.1x41.1x5.7x
Mon, 13 Mar 2023kr.275.5bkr.71.5bkr.7.8b38.2x35.4x3.9x
Wed, 08 Feb 2023kr.291.9bkr.70.3bkr.7.9b37.7x36.8x4.2x
Fri, 06 Jan 2023kr.283.5bkr.68.7bkr.8.2b38.3x34.4x4.1x
Sun, 04 Dec 2022kr.291.7bkr.68.8bkr.8.2b39.3x35.4x4.2x
Tue, 01 Nov 2022kr.279.8bkr.67.1bkr.8.7b37.3x32.2x4.2x
Thu, 29 Sep 2022kr.250.1bkr.67.2bkr.8.8b25.9x28.5x3.7x
Sat, 27 Aug 2022kr.291.9bkr.66.3bkr.8.8b30.4x33.1x4.4x
Mon, 25 Jul 2022kr.313.1bkr.63.9bkr.9.0b31.1x34.8x4.9x
Wed, 22 Jun 2022kr.281.1bkr.63.8bkr.9.0b28.2x31.2x4.4x
Fri, 20 May 2022kr.308.2bkr.63.8bkr.9.0b31.9x34.2x4.8x
Sun, 17 Apr 2022kr.373.4bkr.63.0bkr.9.8b38.1x38.3x5.9x
Tue, 15 Mar 2022kr.338.4bkr.62.9bkr.9.8b37.6x34.7x5.4x
Thu, 10 Feb 2022kr.362.2bkr.62.7bkr.9.8b39x36.8x5.8x
Sat, 08 Jan 2022kr.413.9bkr.61.2bkr.9.4b46.9x43.9x6.8x
Mon, 06 Dec 2021kr.400.7bkr.61.2bkr.9.4b46.5x42.5x6.5x
Wed, 03 Nov 2021kr.419.0bkr.60.4bkr.9.2b48.2x45.8x6.9x
Fri, 01 Oct 2021kr.416.3bkr.60.3bkr.9.3b46.9x44.7x6.9x
Sun, 29 Aug 2021kr.447.5bkr.60.2bkr.9.3b51.1x48.1x7.4x
Mon, 05 Jul 2021kr.455.4bkr.60.2bkr.9.3b48x48.9x7.6x
Thu, 08 Apr 2021kr.426.5bkr.56.9bkr.7.9b47.2x53.9x7.5x
Sun, 10 Jan 2021kr.404.1bkr.54.1bkr.6.9b51.4x58.4x7.5x
Price to Earnings Ratio

54.7x


Total Market Cap: kr.371.9bTotal Earnings: kr.6.8bTotal Revenue: kr.53.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Danish Medical Equipment Industry Price to Earnings3Y Average 42.6x202120222023
Current Industry PE
  • Investors are pessimistic on the Danish Medical 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 33.2x which is lower than its 3-year average PE of 42.6x.
  • The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 3.2% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

DK Market-1.65%
Healthcare-2.48%
Medical Equipment-1.44%
Medical Supplies-1.40%
Medical Equipment-1.51%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 42.5x.
    • Analysts are expecting annual earnings growth of 12.3%, which is higher than its past year's earnings growth of 0.06% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 43.5x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 0.3% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
COLO B Coloplastkr.735.001.2%
+kr.2.0b		-12.5%PE34.5x
DEMANT Demantkr.263.300.7%
+kr.390.1m		27.9%PE24x
VIRO ViroGateskr.18.001.7%
+kr.1.0m		-44.6%PS5.7x
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