Boston Scientific Corporation

LSE:0HOY Stock Report

Market Cap: US$107.6b

Boston Scientific Valuation

Is 0HOY 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 0HOY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0HOY ($72.4) is trading below our estimate of fair value ($72.98)

Significantly Below Fair Value: 0HOY 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 0HOY?

Other financial metrics that can be useful for relative valuation.

0HOY 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/Revenue7.9x
Enterprise Value/EBITDA31.1x
PEG Ratio3.3x

Price to Earnings Ratio vs Peers

How does 0HOY's PE Ratio compare to its peers?

The above table shows the PE ratio for 0HOY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.5x
SN. Smith & Nephew
41x21.2%UK£8.6b
SYK Stryker
40.7x12.7%US$127.6b
MDT Medtronic
25.6x10.3%US$105.9b
ISRG Intuitive Surgical
66.8x11.6%US$133.1b
0HOY Boston Scientific
60.4x18.2%US$107.6b

Price-To-Earnings vs Peers: 0HOY is expensive based on its Price-To-Earnings Ratio (60.4x) compared to the peer average (43.5x).


Price to Earnings Ratio vs Industry

How does 0HOY's PE Ratio compare vs other companies in the European Medical Equipment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 0HOY is expensive based on its Price-To-Earnings Ratio (60.4x) compared to the European Medical Equipment industry average (32.4x).


Price to Earnings Ratio vs Fair Ratio

What is 0HOY'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.

0HOY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio60.4x
Fair PE Ratio50.1x

Price-To-Earnings vs Fair Ratio: 0HOY is expensive based on its Price-To-Earnings Ratio (60.4x) compared to the estimated Fair Price-To-Earnings Ratio (50.1x).


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 0HOY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$72.40
US$80.66
+11.4%
5.9%US$90.00US$70.00n/a31
Apr ’25US$68.75
US$71.73
+4.3%
5.8%US$81.00US$61.00n/a31
Mar ’25US$67.30
US$71.29
+5.9%
6.6%US$81.00US$55.00n/a30
Feb ’25US$64.73
US$69.67
+7.6%
7.5%US$81.00US$55.00n/a30
Jan ’25US$57.96
US$61.62
+6.3%
7.1%US$77.00US$52.50n/a30
Dec ’24US$56.13
US$60.12
+7.1%
4.9%US$67.00US$52.50n/a30
Nov ’24US$51.69
US$59.98
+16.0%
4.8%US$67.00US$52.50n/a30
Oct ’24US$53.11
US$60.80
+14.5%
4.5%US$66.00US$55.00n/a30
Sep ’24US$53.52
US$59.86
+11.9%
3.9%US$64.00US$55.00n/a30
Aug ’24US$51.61
US$59.61
+15.5%
5.8%US$64.00US$45.00n/a31
Jul ’24US$53.96
US$58.13
+7.7%
5.6%US$64.00US$45.00n/a30
Jun ’24US$51.68
US$57.55
+11.4%
5.5%US$62.00US$45.00n/a29
May ’24US$52.70
US$56.92
+8.0%
6.3%US$62.00US$45.00n/a27
Apr ’24US$49.83
US$52.88
+6.1%
6.2%US$59.00US$45.00US$68.7526
Mar ’24US$46.87
US$52.51
+12.1%
6.3%US$59.00US$45.00US$67.3027
Feb ’24US$46.80
US$51.46
+10.0%
6.0%US$56.00US$45.00US$64.7326
Jan ’24US$46.10
US$49.75
+7.9%
5.9%US$55.00US$45.00US$57.9628
Dec ’23US$46.06
US$48.65
+5.6%
4.4%US$53.00US$45.00US$56.1326
Nov ’23US$42.70
US$48.64
+13.9%
4.9%US$53.00US$45.00US$51.6926
Oct ’23US$39.65
US$48.20
+21.6%
5.6%US$53.00US$43.00US$53.1124
Sep ’23US$40.47
US$48.20
+19.1%
5.6%US$53.00US$43.00US$53.5224
Aug ’23US$41.08
US$47.84
+16.5%
5.5%US$53.00US$43.00US$51.6124
Jul ’23US$37.34
US$48.57
+30.1%
5.9%US$54.00US$43.00US$53.9623
Jun ’23US$39.86
US$49.73
+24.8%
5.2%US$55.00US$44.00US$51.6824
May ’23US$42.78
US$50.27
+17.5%
4.9%US$55.00US$45.00US$52.7024
Apr ’23US$44.51
US$49.90
+12.1%
5.1%US$55.00US$45.00US$49.8326

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


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