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Danish (OMX) Medical Equipment Industry Analysis
UpdatedOct 28, 2023
DataAggregated Company Financials
Companies5
- 7D-1.5%
- 3M-13.2%
- 1Y6.1%
- YTD4.6%
Over the last 7 days, the Medical Equipment industry has dropped 1.8%, driven by a pullback from Össur hf of 7.3%. On the other hand ViroGates is actually up 13%. In the past year, the industry has gained 5.0%. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Danish Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | kr.85.9b | kr.31.5b | kr.2.7b | 26.8x | 32.1x | 2.7x |
| Tue, 26 Sep 2023 | kr.94.8b | kr.31.3b | kr.2.6b | 31.9x | 36.1x | 3x |
| Thu, 24 Aug 2023 | kr.99.8b | kr.31.1b | kr.2.6b | 34.1x | 38.5x | 3.2x |
| Sat, 22 Jul 2023 | kr.99.0b | kr.29.2b | kr.2.5b | 35.8x | 40x | 3.4x |
| Mon, 19 Jun 2023 | kr.104.5b | kr.29.3b | kr.2.5b | 35.5x | 42.1x | 3.6x |
| Wed, 17 May 2023 | kr.103.0b | kr.29.3b | kr.2.5b | 35.1x | 41.5x | 3.5x |
| Fri, 14 Apr 2023 | kr.98.1b | kr.29.1b | kr.2.6b | 45.5x | 37.3x | 3.4x |
| Sun, 12 Mar 2023 | kr.107.1b | kr.48.0b | kr.3.2b | 42.4x | 34x | 2.2x |
| Tue, 07 Feb 2023 | kr.111.9b | kr.46.1b | kr.3.5b | 42.1x | 32x | 2.4x |
| Thu, 05 Jan 2023 | kr.102.8b | kr.46.1b | kr.3.5b | 37.2x | 29.1x | 2.2x |
| Sat, 03 Dec 2022 | kr.106.7b | kr.46.2b | kr.3.5b | 37.7x | 30.2x | 2.3x |
| Mon, 31 Oct 2022 | kr.101.7b | kr.45.4b | kr.3.9b | 31x | 26x | 2.2x |
| Wed, 28 Sep 2022 | kr.90.4b | kr.45.6b | kr.4.0b | 23.9x | 22.6x | 2x |
| Fri, 26 Aug 2022 | kr.113.7b | kr.44.7b | kr.4.0b | 30.2x | 28.1x | 2.5x |
| Sun, 24 Jul 2022 | kr.129.0b | kr.43.3b | kr.4.2b | 30.5x | 30.4x | 3x |
| Tue, 21 Jun 2022 | kr.117.2b | kr.43.2b | kr.4.3b | 27.3x | 27.5x | 2.7x |
| Thu, 19 May 2022 | kr.130.6b | kr.43.2b | kr.4.3b | 29.5x | 30.6x | 3x |
| Sat, 16 Apr 2022 | kr.146.9b | kr.43.1b | kr.4.9b | 32.6x | 30.3x | 3.4x |
| Mon, 14 Mar 2022 | kr.140.4b | kr.43.1b | kr.4.9b | 30x | 28.9x | 3.3x |
| Wed, 09 Feb 2022 | kr.157.0b | kr.41.9b | kr.4.7b | 33.4x | 33.5x | 3.7x |
| Fri, 07 Jan 2022 | kr.189.4b | kr.41.8b | kr.4.6b | 46.6x | 41.2x | 4.5x |
| Sun, 05 Dec 2021 | kr.176.5b | kr.41.8b | kr.4.6b | 42.4x | 38.4x | 4.2x |
| Tue, 02 Nov 2021 | kr.193.1b | kr.41.5b | kr.4.6b | 45.6x | 42.1x | 4.6x |
| Thu, 30 Sep 2021 | kr.204.8b | kr.41.4b | kr.4.8b | 49.4x | 43x | 4.9x |
| Sat, 28 Aug 2021 | kr.214.5b | kr.41.3b | kr.4.8b | 53.7x | 45.2x | 5.2x |
| Sun, 04 Jul 2021 | kr.236.5b | kr.41.3b | kr.4.8b | 52.2x | 49.8x | 5.7x |
| Wed, 07 Apr 2021 | kr.223.5b | kr.38.4b | kr.3.6b | 154x | 62x | 5.8x |
| Sat, 09 Jan 2021 | kr.206.4b | kr.35.6b | kr.2.7b | 138.2x | 77x | 5.8x |
Price to Earnings Ratio
66.8x
Current Industry PE
- Investors are pessimistic on the Danish 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 32.1x which is lower than its 3-year average PE of 43.5x.
- The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Healthcare Equipment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 3.2% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Danish Medical Equipment compare with similar industries?
| DK Market | -1.65% | |
| Healthcare | -2.48% | |
| Medical Equipment | -1.44% | |
| Medical Equipment | -1.51% | |
| Medical Supplies | -1.40% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VIRO ViroGates | kr.19.25 | 12.6% +kr.7.2m | -41.8% | PS6.1x |