Carl Zeiss Meditec AG

BUL:AFX Stock Report

Market Cap: €4.1b

Carl Zeiss Meditec Past Earnings Performance

Past criteria checks 2/6

Carl Zeiss Meditec has been growing earnings at an average annual rate of 11.9%, while the Medical Equipment industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 9.8% per year. Carl Zeiss Meditec's return on equity is 8.8%, and it has net margins of 8.7%.

Key information

11.9%

Earnings growth rate

12.0%

EPS growth rate

Medical Equipment Industry Growth12.3%
Revenue growth rate9.8%
Return on equity8.8%
Net Margin8.7%
Next Earnings Update12 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Carl Zeiss Meditec makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BUL:AFX Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,066179558343
30 Jun 242,066203534352
31 Mar 242,062261503358
31 Dec 232,094277509356
30 Sep 232,089290503349
30 Jun 232,080308496343
31 Mar 232,022278485326
31 Dec 221,963307455312
30 Sep 221,903294439291
30 Jun 221,781245417270
31 Mar 221,735264392251
31 Dec 211,688228380238
30 Sep 211,647236365232
30 Jun 211,566235337227
31 Mar 211,388159326225
31 Dec 201,335130334221
30 Sep 201,335122350219
30 Jun 201,400120379212
31 Mar 201,507166400200
31 Dec 191,505170400188
30 Sep 191,459160394173
30 Jun 191,382153381159
31 Mar 191,334129371158
31 Dec 181,310127362157
30 Sep 181,281126354160
30 Jun 181,251124342161
31 Mar 181,216129341156
31 Dec 171,205132341149
30 Sep 171,190134339146
30 Jun 171,154123331138
31 Mar 171,135112319132
31 Dec 161,106113311129
30 Sep 161,08898303123
30 Jun 161,09078303118
31 Mar 161,08380304117
31 Dec 151,06261301115
30 Sep 151,04062298112
30 Jun 1598470291112
31 Mar 1594666282108
31 Dec 1493873277104
30 Sep 1490975269100
30 Jun 149318326999
31 Mar 1492489264100
31 Dec 139008925998

Quality Earnings: AFX has high quality earnings.

Growing Profit Margin: AFX's current net profit margins (8.7%) are lower than last year (13.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AFX's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: AFX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AFX had negative earnings growth (-38.5%) over the past year, making it difficult to compare to the Medical Equipment industry average (12.5%).

Return on Equity

High ROE: AFX's Return on Equity (8.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:45
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Carl Zeiss Meditec AG is covered by 32 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Yves GauthierAlphaValue
Samuel EnglandBerenberg
Scott BardoBerenberg