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PME.AX ASX Advanced Medical Equipment & Technology

Pro Medicus Ltd

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Mcap
13,7B AUD
P/E
119,2x
EV / Rev
Div yield
0,66 %
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
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Open
Next earnings
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About

Pro Medicus Ltd develops and licenses advanced medical imaging software for diagnostic and therapeutic applications in oncology and other specialties.

Business. Pro Medicus Ltd (PME.AX) is a healthcare company specializing in advanced medical equipment and technology, primarily engaged in the sale of healthcare equipment. The firm is headquartered in Australia and is listed on the Australian Securities Exchange. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data.

Classification92 %
SectorHealthcare
Business sectorHealthcare Services & Equipment
IndustryAdvanced Medical Equipment & Technology
ActivityHealthcare Equipment
Generated · model-assisted
Sell-side consensus
BUY14 analysts
12 buy2 hold0 sell
Avg 12m price target202,74

Analyst recommendations

14 analysts · consensus Buy
Buy12
Hold2
Sell0
12-month price target
202,74
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
119,2x
P/E
Analysts
Buy
14 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning PME.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to PME.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Pro Medicus Ltd (PME.AX) is a healthcare company specializing in advanced medical equipment and technology, primarily engaged in the sale of healthcare equipment. The firm is headquartered in Australia and is listed on the Australian Securities Exchange. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data.

    Classification92 %
    SectorHealthcare
    Business sectorHealthcare Services & Equipment
    IndustryAdvanced Medical Equipment & Technology
    ActivityHealthcare Equipment
    AI synthesis
    GENERATED

    Pro Medicus operates with a fully diluted share count of 104,469,963 shares, matching its basic share count, indicating no dilution from stock options or convertible securities. The company's market capitalization of AUD 13.74 billion reflects a market price of AUD 131.48 per share, but lacks liquidity risk assessment due to missing balance sheet data and no going-concern disclosures.

    The company's profitability metrics are not disclosed in the available data, preventing direct comparison to industry benchmarks for medical equipment firms. Advanced Medical Equipment & Technology companies typically emphasize R&D intensity and recurring revenue models, but Pro Medicus' specific financial performance against these metrics remains opaque.

    Geographic and segment revenue concentration data is not available in the current dataset, limiting analysis of exposure to specific markets or product lines. The company's business model likely centers on software licensing and service contracts, but detailed segment reporting is absent.

    Analyst price targets range from AUD 145.03 to AUD 247.00, with a mean of AUD 202.74 and median of AUD 202.75, suggesting a consensus for significant upside from current levels. The mean recommendation of 1.86 (on a 1-5 scale) indicates strong buy sentiment from 12 of 14 covering analysts.

    The risk assessment flags liquidity risk as unassessable due to missing balance sheet inputs, but dilution risk is rated low. No recent capital raises or share issuance programs are disclosed in the available documents, and the fully diluted share count equals the basic count.

    Recent events include the publication of analyst price targets and recommendations, but no material filings or earnings transcripts are available in the current dataset. The company's 2024 outlook remains unquantified in the provided data, though analyst expectations imply a potential 54% price appreciation from current levels.

    Key takeaways
    • Analysts assign a strong buy rating with a mean price target 54% above current levels
    • No dilution risk identified from share count data
    • Liquidity risk assessment incomplete due to missing balance sheet data
    • Company operates in high-growth medical imaging software niche
    • Limited visibility into segment performance and geographic exposure
    • "margin_outlook_rationale": "Unable to assess margin trends without access to income statement data",

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2025-08-14
    FY 2025 · Full-year highlights

    Revenue A$220.5M, +32,6% YoY; Operating income +40,2% YoY.

    RevenueA$220.5M+32,6 % YoY
    Operating incomeA$163.3M+40,2 % YoY
    Net incomeA$115.2M+39,2 % YoY
    Free cash flowA$66.0M+37,3 % YoY
    EPS
    Operating cash flowA$111.3M+35,8 % YoY
    Financials
    Income statement
    RevenueA$220.5M
    Gross profitA$220.2M
    Operating incomeA$163.3M
    Net incomeA$115.2M
    Margins
    Gross margin99.9%
    Operating margin74.1%
    Net margin52.2%
    FCF margin29.9%
    Balance sheet
    Total assetsA$338.7M
    Total liabilitiesA$81.7M
    Total equityA$257.0M
    Cash & equivalentsA$67.0M
    Long-term debtA$2.3M
    Cash flow
    Operating cash flowA$111.3M
    CapEx-A$7.4M
    Free cash flowA$66.0M
    SBC
    P&L flow · revenue → net income
    Revenue A$220.5MOperating costs A$57.2MTax A$48.1MNet income A$115.2M
    Highlights
    • Revenue A$220.5M, +32,6% YoY
    • Operating income +40,2% YoY
    • Net income +39,2% YoY
    • Free cash flow +37,3% YoY
    • Net margin 52.2%

    Valuation FY

    Market price
    A$0,00
    Market cap
    A$13.74B
    Enterprise value
    P/E
    119.2x
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    1,69
    Predicted surprise
    -0,00
    Beat probability
    45 %
    Analysts
    14
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-01 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate1,69
    Revenueno estimateno estimate267,8M AUD
    Operating incomeno estimateno estimate223,0M AUD
    Full-year consensus mean (period as reported by source) · consensus in AUD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution14 analysts
    Strong buy4
    Buy8
    Hold2
    Sell0
    Strong sell0
    12-month price targetA$202,74 · Median A$202,75
    Low A$145,03High A$247,00
    Operating income · consensus223,0M AUD
    EPS surprise
    −34,8 %
    reported vs consensus · miss
    Revenue surprise
    −17,6 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowA$145,03
    MeanA$202,74
    MedianA$202,75
    HighA$247,00
    SpotA$0,00
    12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Pro Medicus Ltd Market data — financials · 2026-05-29
    • Pro Medicus Ltd Market data — analyst estimates · 2026-05-29
    • Pro Medicus Ltd Market data — ESG · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data
    Index membership
    S&P/ASX 200

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    PME.AXCanonical
    ASX · AUD

    Intel & risk

    PredictorBeat prob45 %Surprise-0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2025-08-14 04:50 UTCEARNINGSAnnual results — FY 2025 Revenue AUD 220.5M · Net AUD 115.2M
    2024-08-14 04:26 UTCEARNINGSAnnual results — FY 2024 Revenue AUD 166.3M · Net AUD 82.8M
    2023-08-15 04:42 UTCEARNINGSAnnual results — FY 2023 Revenue AUD 127.3M · Net AUD 60.6M
    2022-08-18 05:00 UTCEARNINGSAnnual results — FY 2022 Revenue AUD 94.1M · Net AUD 44.4M
    2021-08-18 04:43 UTCEARNINGSAnnual results — FY 2021 Revenue AUD 68.1M · Net AUD 30.9M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage