Market Cap
US$17.1b
Last Updated
2021/04/13 22:13 UTC
Data Sources
Company Financials +
Executive Summary
STERIS plc provides infection prevention and other procedural products and services worldwide. More Details
Snowflake Analysis
Adequate balance sheet average dividend payer.
Similar Companies
Share Price & News
How has STERIS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: STE's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
4.3%
STE
3.1%
US Medical Equipment
1.3%
US Market
1 Year Return
29.1%
STE
41.1%
US Medical Equipment
53.9%
US Market
Return vs Industry: STE underperformed the US Medical Equipment industry which returned 42.5% over the past year.
Return vs Market: STE underperformed the US Market which returned 57.9% over the past year.
Shareholder returns
| STE | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 3.1% | 1.3% |
| 30 Day | 10.2% | 6.0% | 2.8% |
| 90 Day | 4.5% | 3.1% | 6.6% |
| 1 Year | 30.3%29.1% | 42.1%41.1% | 56.6%53.9% |
| 3 Year | 115.7%109.3% | 77.1%73.0% | 62.7%52.3% |
| 5 Year | 197.1%179.7% | 146.9%129.7% | 120.5%95.9% |
Long-Term Price Volatility Vs. Market
How volatile is STERIS's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
If You Like EPS Growth Then Check Out STERIS (NYSE:STE) Before It's Too Late3 weeks ago | Simply Wall St
The Case For STERIS plc (NYSE:STE): Could It Be A Nice Addition To Your Dividend Portfolio?Valuation
Is STERIS undervalued compared to its fair value and its price relative to the market?
39.98x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: STE ($200.62) is trading above our estimate of fair value ($131.92)
Significantly Below Fair Value: STE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: STE is good value based on its PE Ratio (39.5x) compared to the US Medical Equipment industry average (50.1x).
PE vs Market: STE is poor value based on its PE Ratio (39.5x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: STE is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: STE is good value based on its PB Ratio (4.4x) compared to the US Medical Equipment industry average (5x).
Future Growth
How is STERIS forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
16.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STE's forecast earnings growth (16.9% per year) is above the savings rate (2%).
Earnings vs Market: STE's earnings (16.9% per year) are forecast to grow slower than the US market (18.6% per year).
High Growth Earnings: STE's earnings are forecast to grow, but not significantly.
Revenue vs Market: STE's revenue (8.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: STE's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STE's Return on Equity is forecast to be low in 3 years time (16%).
Past Performance
How has STERIS performed over the past 5 years?
28.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STE has high quality earnings.
Growing Profit Margin: STE's current net profit margins (14.1%) are higher than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: STE's earnings have grown significantly by 28.1% per year over the past 5 years.
Accelerating Growth: STE's earnings growth over the past year (9.8%) is below its 5-year average (28.1% per year).
Earnings vs Industry: STE earnings growth over the past year (9.8%) underperformed the Medical Equipment industry 10.1%.
Return on Equity
High ROE: STE's Return on Equity (11.1%) is considered low.
Financial Health
How is STERIS's financial position?
Financial Position Analysis
Short Term Liabilities: STE's short term assets ($1.2B) exceed its short term liabilities ($505.9M).
Long Term Liabilities: STE's short term assets ($1.2B) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: STE's debt to equity ratio (44.2%) is considered high.
Reducing Debt: STE's debt to equity ratio has reduced from 54.8% to 44.2% over the past 5 years.
Debt Coverage: STE's debt is well covered by operating cash flow (40.9%).
Interest Coverage: STE's interest payments on its debt are well covered by EBIT (19.7x coverage).
Balance Sheet
Dividend
What is STERIS current dividend yield, its reliability and sustainability?
0.79%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: STE's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: STE's dividend (0.8%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: STE's dividends per share have been stable in the past 10 years.
Growing Dividend: STE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.3%), STE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STE's dividends in 3 years are forecast to be well covered by earnings (24.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Walt Rosebrough (66 yo)
13.5yrs
Tenure
US$6,458,640
Compensation
Mr. Walter M. Rosebrough, Jr., also known as Walt, has been the Chief Executive Officer and President of STERIS plc since October 1, 2007. Mr. Rosebrough leads STERIS’ management team, assists the Board in...
CEO Compensation Analysis
Compensation vs Market: Walt's total compensation ($USD6.46M) is below average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Walt's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: STE's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: STE's board of directors are considered experienced (8.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
STERIS plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: STERIS plc
- Ticker: STE
- Exchange: NYSE
- Founded: 1985
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: US$17.123b
- Shares outstanding: 85.35m
- Website: https://www.steris.com
Number of Employees
Location
- STERIS plc
- 70 Sir John Rogerson’s Quay
- Dublin 2
- Dublin
- Co. Dublin
- D02 R296
- Ireland
Listings
Biography
STERIS plc provides infection prevention and other procedural products and services worldwide. It operates in four segments: Healthcare Products, Healthcare Specialty Services, Life Sciences, and Applied S...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 22:13 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.