Carl Zeiss Meditec AG
DUS:AFX

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Carl Zeiss Meditec AG Logo
Carl Zeiss Meditec AG
DUS:AFX
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Price: 27.46 EUR -0.72% Market Closed
Market Cap: €6.4B

P/OCF

11.1
Current
39%
Cheaper
vs 3-y average of 18.1

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.1
=
Market Cap
€2.3B
/
Operating Cash Flow
€209.9m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.1
=
Market Cap
€2.3B
/
Operating Cash Flow
€209.9m

Valuation Scenarios

Carl Zeiss Meditec AG is trading below its 3-year average

If P/OCF returns to its 3-Year Average (18.1), the stock would be worth €44.73 (63% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-22%
Maximum Upside
+80%
Average Upside
34%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 11.1 €27.46
0%
3-Year Average 18.1 €44.73
+63%
5-Year Average 19.9 €49.36
+80%
Industry Average 12.9 €31.91
+16%
Country Average 8.7 €21.51
-22%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
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Market Distribution

In line with most companies in Germany
Percentile
58th
Based on 2 380 companies
58th percentile
11.3
Low
0.3 — 5.5
Typical Range
5.5 — 14
High
14 —
Distribution Statistics
Germany
Min 0.3
30th Percentile 5.5
Median 8.7
70th Percentile 14
Max 2 516.3

Carl Zeiss Meditec AG
Glance View

Carl Zeiss Meditec AG stands as a beacon in the realm of medical technology, carving a niche through its innovative solutions in ophthalmology and microsurgery. Rooted in the prestigious legacy of the Zeiss Group, this company seamlessly fuses cutting-edge technology with practical medical applications. Its headquarters in Jena, Germany, serve as the crucible for pioneering research and development endeavors, channeling expertise into products that enhance both diagnostic and surgical capabilities. The heart of its operations revolves around creating technological marvels such as optical coherence tomography (OCT) instruments and surgical microscopes, which bring precision and enhanced clarity to the medical field. Through a well-executed blend of R&D and strategic acquisitions, Carl Zeiss Meditec consistently remains at the forefront of medical innovation, ensuring it meets the ever-evolving needs of the healthcare sector. Financially, the company thrives by selling its sophisticated medical devices directly to healthcare professionals, hospitals, and clinics worldwide. Rather than merely creating instruments, Carl Zeiss Meditec's business model is deeply entwined with providing comprehensive workflow solutions and service support, ensuring that medical practitioners extract maximum utility from their investments. By offering not just products but also extensive after-sales service and maintenance, the company builds sustained relationships with its clients, fostering a cycle of trust and repeat business. In addition, its engagement in training and support services enhances user competencies, ensuring the seamless integration of its technology into everyday medical practice and underscoring its commitment to elevating healthcare standards globally. Through this multifaceted approach, Carl Zeiss Meditec solidifies its position as an indispensable ally in the medical community, both as a supplier of state-of-the-art equipment and as a provider of essential healthcare solutions.

AFX Intrinsic Value
68.28 EUR
Undervaluation 60%
Intrinsic Value
Price €27.46
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