Stryker Corporation

United States of America Country flag United States of America
Sector: Medical Equipment
Ticker: SYK
Factsheet Factsheet

Market multiple valuation of Stryker Corporation ( SYK | USA)

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 Stryker Corporation is higher than the median of its peer group: around 21.00. The company valuation of Stryker Corporation according to these metrics is above the market valuation of its peer group.
The P/Earnings NTM ratio of Stryker Corporation is significantly higher than the average of its sector (Medical Equipment): 13.01. The company valuation of Stryker Corporation according to these metrics is way above the market valuation of its sector.
The P/Earnings NTM ratio of Stryker Corporation is higher than its historical 5-year average: 23.3. The (current) company valuation of Stryker Corporation is therefore above its valuation average over the last five years.

Valuation
P/E Last P/E (e) 2022P/E NTM
Stryker CorporationFree trialFree trialFree trial
International PeersFree trialFree trialFree trial
Medical Equipment-1.7113.4113.01
DJIA28.6217.3017.05
United States of America-0.7911.5011.65
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Beta (Ref: DJIA)
Levered betaUnlevered beta
1-Year1.030.94
2-Year1.171.07
3-Year1.131.04
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Stock Perf excl. Dividends (in USD)
SYKDJIARel. Perf.
Year-to-Date-3.9%-4.5%0.6%
1-Week-4.1%-3.9%-0.2%
1-Month3.7%-0.6%4.4%
1-Year4.8%11.3%-6.5%
3-Year53.4%40.5%12.9%
5-Year111.1%75.1%36.0%
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International Peers - Stryker Corporation
Company NameCtryMarket
Cap.
last (mUSD)
Stryker CorporationUSA96 958
International Peers Median0.76
Zimmer Biomet Holdings ...USA25 704
Smith & Nephew plcGBR15 241
Medtronic PlcIRL142 703
Integra LifeSciences Ho...USA5 662
Globus Medical Inc.USA6 981
GPRV Analysis
Stryker Corporation
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

  • Stryker Corporation
  • DJIA
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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).