Boston Scientific Corporation

WBAG:BSXC Stock Report

Market Cap: €99.0b

Boston Scientific Valuation

Is BSXC 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 BSXC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BSXC (€67) is trading below our estimate of fair value (€69.75)

Significantly Below Fair Value: BSXC is trading below fair value, but not by a significant amount.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

BSXC 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/Revenue7.8x
Enterprise Value/EBITDA30.8x
PEG Ratio3.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BSXC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average41.9x
SYK Stryker
37x10.5%US$124.8b
MDT Medtronic
25.6x9.7%US$107.4b
ISRG Intuitive Surgical
67.4x11.6%US$131.8b
SHL Siemens Healthineers
37.6x19.5%€57.1b
BSXC Boston Scientific
60x18.1%€106.2b

Price-To-Earnings vs Peers: BSXC is expensive based on its Price-To-Earnings Ratio (60x) compared to the peer average (41.9x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.3%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.3%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: BSXC is expensive based on its Price-To-Earnings Ratio (60x) compared to the European Medical Equipment industry average (32.3x).


Price to Earnings Ratio vs Fair Ratio

What is BSXC'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.

BSXC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio60x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BSXC'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?

The above table shows the analyst BSXC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€67.00
€75.50
+12.7%
5.5%€83.90€65.25n/a31
Apr ’25€63.56
€65.68
+3.3%
5.8%€74.16€55.85n/a31
Mar ’25€61.78
€65.79
+6.5%
6.6%€74.75€50.75n/a30
Feb ’25€59.18
€64.10
+8.3%
7.5%€74.52€50.60n/a30
Jan ’25€51.24
€56.00
+9.3%
7.1%€69.99€47.72n/a30
Dec ’24€51.44
€55.24
+7.4%
4.9%€61.56€48.24n/a30
Nov ’24€48.48
€56.77
+17.1%
4.8%€63.41€49.69n/a30
Oct ’24€50.30
€57.02
+13.4%
4.5%€61.89€51.58n/a30
Sep ’24€49.76
€55.34
+11.2%
3.9%€59.16€50.84n/a30
Aug ’24€46.92
€54.21
+15.5%
5.8%€58.20€40.92n/a31
Jul ’24€49.53
€53.27
+7.6%
5.6%€58.65€41.24n/a30
Jun ’24€48.12
€53.49
+11.1%
5.5%€57.62€41.82n/a29
May ’24€46.89
€51.88
+10.7%
6.3%€56.51€41.02€67.5027
Apr ’24€45.97
€48.75
+6.0%
6.2%€54.39€41.49€63.5626
Mar ’24€43.76
€49.02
+12.0%
6.3%€55.07€42.00€61.7827
Feb ’24€43.02
€46.84
+8.9%
6.0%€50.98€40.96€59.1826
Jan ’24€43.38
€46.94
+8.2%
5.9%€51.90€42.46€51.2428
Dec ’23€43.63
€46.93
+7.6%
4.4%€51.13€43.41€51.4426
Nov ’23€43.32
€48.80
+12.7%
4.9%€53.17€45.15€48.4826
Oct ’23€40.77
€50.23
+23.2%
5.6%€55.24€44.82€50.3024
Sep ’23€40.61
€48.11
+18.5%
5.6%€52.90€42.92€49.7624
Aug ’23€40.10
€46.96
+17.1%
5.5%€52.02€42.21€46.9224
Jul ’23€35.27
€46.51
+31.9%
5.9%€51.71€41.18€49.5323
Jun ’23€37.31
€46.34
+24.2%
5.2%€51.25€41.00€48.1224
May ’23€40.58
€47.67
+17.5%
4.9%€52.15€42.67€46.8924

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.