Medtronic Valuation

Q: What is the Fair Price of MDTD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MDTD ($31) is trading above our estimate of [[fair value]] ($18.18)

Is MDTD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MDTD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MDTD ($31) is trading above our estimate of fair value ($18.18)

Significantly Below Fair Value: MDTD is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MDTD?

Key metric: As MDTD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MDTD. This is calculated by dividing MDTD's market cap by their current earnings.
What is MDTD's PE Ratio?
PE Ratio	31.2x
Earnings	US$3.76b
Market Cap	US$115.93b

MDTD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	4.3x
Enterprise Value/EBITDA	15.9x
PEG Ratio	2.8x

Price to Earnings Ratio vs Peers

How does MDTD's PE Ratio compare to its peers?

The above table shows the PE ratio for MDTD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	61x
BSX Boston Scientific	73.4x	23.2%	US$132.6b
SYK Stryker	40.9x	11.6%	US$146.7b
BDX Becton Dickinson	44.7x	15.3%	US$64.7b
ISRG Intuitive Surgical	85.2x	11.5%	US$195.1b
MDTD Medtronic	31.2x	11.1%	US$115.9b

Price-To-Earnings vs Peers: MDTD is good value based on its Price-To-Earnings Ratio (31.2x) compared to the peer average (68.9x).

Price to Earnings Ratio vs Industry

How does MDTD's PE Ratio compare vs other companies in the Global Medical Equipment Industry?

10 Companies	Price / Earnings	Estimated Growth	Market Cap

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MDTD is expensive based on its Price-To-Earnings Ratio (31.2x) compared to the Global Medical Equipment industry average (29.9x).

Price to Earnings Ratio vs Fair Ratio

What is MDTD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MDTD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	31.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MDTD's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.