Carl Zeiss Meditec AG operates as a medical technology company in Germany, the United States, Japan, other Europe countries, and internationally. More Details
No risks detected for CZMW.F from our risk checks.
Flawless balance sheet with questionable track record.
Share Price & News
How has Carl Zeiss Meditec's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CZMW.F has not had significant price volatility in the past 3 months.
7 Day Return
US Medical Equipment
1 Year Return
US Medical Equipment
Return vs Industry: Insufficient data to determine how CZMW.F performed against the US Medical Equipment industry.
Return vs Market: Insufficient data to determine how CZMW.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Carl Zeiss Meditec's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Carl Zeiss Meditec undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CZMW.F ($113.25) is trading above our estimate of fair value ($51.49)
Significantly Below Fair Value: CZMW.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CZMW.F is poor value based on its PE Ratio (76.3x) compared to the US Medical Equipment industry average (49.6x).
PE vs Market: CZMW.F is poor value based on its PE Ratio (76.3x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: CZMW.F is poor value based on its PEG Ratio (4.6x)
Price to Book Ratio
PB vs Industry: CZMW.F is overvalued based on its PB Ratio (6.3x) compared to the US Medical Equipment industry average (3.9x).
How is Carl Zeiss Meditec forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CZMW.F's forecast earnings growth (16.8% per year) is above the savings rate (2.2%).
Earnings vs Market: CZMW.F's earnings (16.8% per year) are forecast to grow slower than the US market (23% per year).
High Growth Earnings: CZMW.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: CZMW.F's revenue (6.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: CZMW.F's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CZMW.F's Return on Equity is forecast to be low in 3 years time (12.7%).
How has Carl Zeiss Meditec performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CZMW.F has high quality earnings.
Growing Profit Margin: CZMW.F's current net profit margins (8.6%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: CZMW.F's earnings have grown by 15.8% per year over the past 5 years.
Accelerating Growth: CZMW.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CZMW.F had negative earnings growth (-21.8%) over the past year, making it difficult to compare to the Medical Equipment industry average (1.8%).
Return on Equity
High ROE: CZMW.F's Return on Equity (8.1%) is considered low.
How is Carl Zeiss Meditec's financial position?
Financial Position Analysis
Short Term Liabilities: CZMW.F's short term assets (€1.4B) exceed its short term liabilities (€335.4M).
Long Term Liabilities: CZMW.F's short term assets (€1.4B) exceed its long term liabilities (€265.7M).
Debt to Equity History and Analysis
Debt Level: CZMW.F is debt free.
Reducing Debt: CZMW.F has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: CZMW.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CZMW.F has no debt, therefore coverage of interest payments is not a concern.
What is Carl Zeiss Meditec current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CZMW.F's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.71%).
High Dividend: CZMW.F's dividend (0.64%) is low compared to the top 25% of dividend payers in the US market (4.89%).
Stability and Growth of Payments
Stable Dividend: CZMW.F is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CZMW.F is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CZMW.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CZMW.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ludwin Monz (57 yo)
Dr. Ludwin Monz, Ph.D., M.B.A. has been the Chairman of Management Board at Carl Zeiss Meditec AG since October 8, 2007. Dr. Monz has been the Chief Executive Officer and President of Carl Zeiss Meditec AG ...
CEO Compensation Analysis
Compensation vs Market: Ludwin's total compensation ($USD2.17M) is below average for companies of similar size in the US market ($USD11.30M).
Compensation vs Earnings: Ludwin's compensation has been consistent with company performance over the past year.
|CFO & Member of the Management Board||1.92yrs||€855.50k||no data|
|Head of Surgical Ophthalmology & Member of Management Board||1.92yrs||€921.70k||no data|
|Director of Investor Relations||no data||no data||no data|
|Head of the Planetarium Business Unit||no data||no data||no data|
|Head of Marketing - Shanghai||no data||no data||no data|
|Chief Medical Officer for Global Ophthalmic Devices||3.92yrs||no data||no data|
|Head of Sales for Ophthalmic Devices & President of Carl Zeiss Meditec||no data||no data||no data|
|Head of Global Communications Ophthalmic Devices||no data||no data||no data|
|President of Ophthalmic Devices & Head of the Ophthalmic Devices Strategic Business Unit||0.33yr||no data||no data|
Experienced Management: CZMW.F's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Member of the Supervisory Board||0.67yr||no data||no data|
|Chairman of Supervisory Board||10.5yrs||€64.00k||no data|
|Member of the Supervisory Board||15.92yrs||€56.00k||no data|
|Member of the Supervisory Board||0.67yr||no data||no data|
|Supervisory Board Member||1.5yrs||€23.80k||no data|
|Employee Representative Member of Supervisory Board||8.92yrs||€32.00k||no data|
|Deputy Chairwoman of the Supervisory Board||2.42yrs||€48.00k||no data|
|Member of Supervisory Board||0.92yr||no data||no data|
Experienced Board: CZMW.F's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Carl Zeiss Meditec AG's company bio, employee growth, exchange listings and data sources
- Name: Carl Zeiss Meditec AG
- Ticker: CZMW.F
- Exchange: OTCPK
- Founded: 2002
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: €9.114b
- Listing Market Cap: €10.647b
- Shares outstanding: 89.44m
- Website: https://www.zeiss.com/meditec-ag/home.html
Number of Employees
- Carl Zeiss Meditec AG
- Goschwitzer Strasse 51-52
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AFX||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Mar 2000|
|AFX||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Mar 2000|
|0DHC||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Mar 2000|
|CZMW.F||OTCPK (Pink Sheets LLC)||Yes||Bearer Shares||US||USD||Mar 2000|
|AFXD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Mar 2000|
|AFX||SWX (SIX Swiss Exchange)||Yes||Bearer Shares||CH||CHF||Mar 2000|
|AFX||WBAG (Wiener Boerse AG)||Yes||Bearer Shares||AT||EUR||Mar 2000|
|AFX||ETLX (Eurotlx)||Yes||Bearer Shares||IT||EUR||Mar 2000|
|CZMW.Y||OTCPK (Pink Sheets LLC)||UNSP ADR EACH REP 1 ORD SHS||US||USD||Oct 2007|
|AFXA||DB (Deutsche Boerse AG)||UNSP ADR EACH REP 1 ORD SHS||DE||EUR||Oct 2007|
Carl Zeiss Meditec AG operates as a medical technology company in Germany, the United States, Japan, other Europe countries, and internationally. It operates in two segments, Ophthalmic Devices and Microsu ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/24 05:58|
|End of Day Share Price||2020/09/02 00:00|