Medtronic Plc

Ireland Country flag Ireland
Sector: Medical Equipment
Ticker: MDT
ISIN: IE00BTN1Y115
Factsheet Factsheet

Market multiple valuation of Medtronic Plc ( MDT | IRL)

The most common multiple used in the valuation of stocks is the P/Earnings NTM multiple (Price to Earnings). P/E relates the current share price with the market expectations in terms of Earnings Per Share. This multiple is used to compare a company's market value with its earnings. A company with a high P/Earnings NTM is considered to be overvalued; a company with a low P/Earnings NTM is considered to be undervalued.
The P/Earnings NTM ratio of Medtronic Plc is significantly lower than the median of its peer group: around 25.00. The company valuation of Medtronic Plc according to these metrics is way below the market valuation of its peer group.
The P/Earnings NTM ratio of Medtronic Plc is significantly higher than the average of its sector (Medical Equipment): 13.01. The company valuation of Medtronic Plc according to these metrics is way above the market valuation of its sector.
The P/Earnings NTM ratio of Medtronic Plc is slightly higher than its historical 5-year average: 18.5. The (current) company valuation of Medtronic Plc is therefore consistent with its valuation average over the last five years.

Valuation
P/E Last P/E (e) 2022P/E NTM
Medtronic PlcFree trialFree trialFree trial
International PeersFree trialFree trialFree trial
Medical Equipment-1.7113.4113.01
ISEQ OVERALLN/AN/AN/A
Ireland-1.0115.4315.40
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Beta (Ref: ISEQ OVERALL)
Levered betaUnlevered beta
1-Year0.580.53
2-Year0.860.78
3-Year0.750.68
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Stock Perf excl. Dividends (in USD)
MDTISEQ OVERALLRel. Perf.
Year-to-Date2.6%N/AN/A
1-Week-2.5%N/AN/A
1-Month6.6%N/AN/A
1-Year-11.0%N/AN/A
3-Year21.5%N/AN/A
5-Year41.5%N/AN/A
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International Peers - Medtronic Plc
Company NameCtryMarket
Cap.
last (mUSD)
Medtronic PlcIRL142 703
International Peers Median0.76
Stryker CorporationUSA96 958
Boston Scientific Corpo...USA61 916
Edwards Lifesciences Co...USA72 148
Johnson & JohnsonUSA435 037
Zimmer Biomet Holdings ...USA25 704
GPRV Analysis
Medtronic Plc
Intl. Peers
U.S Patents No. 7,882,001 & 8,082,201
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Net Sales Chart
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Quotes Chart

1-Year Rebased Stock Chart

  • Medtronic Plc
  • ISEQ OVERALL
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Did you know ?

On the Infront Analytics platform, there are two ways to identify the listed peers which most closely resemble a private firm:
- with Peer Tracker if you already know a listed peer.
Peer Tracker is a patented technology tool for building peer groups using industry classifications. The degree of similarity between two companies is calculated comparing their sector footprints and measured using comparability scores.
- with Market Screener if you have no listed peer in mind.
Market Screener is a dedicated interface for screening companies using multiple criteria, identifying peers, searching for comparable companies in a specific business sector.

About Market Multiples

Many methods can be used to value a company. In reality, business valuation is often a combination of these different approaches. One of the most widely used quantitative methods is the market multiples method. The market valuation is utilized generally as a primary market input, to provide an objective starting point for the valuation. Put simply, this method multiplies the sales or profits of a business by an industry averaged multiplier to calculate the Market Value of the business.
Current multiples include:
- Historical multiples based on standardized financials for the last completed fiscal period: Last, Last Twelve Months (LTM);
- Forward multiples based on consensus estimates for the current fiscal period and next ones: Next Twelve Months (NTM), FY0, FY1.
Current multiples based on per-share metrics (such as earnings per share or book value per share) are calculated using the last closing price, while current multiples based on company-level metrics (such as net sales, EBIT or EBITDA) are calculated using the current market cap or EV (Enterprise Value).