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Siemens Healthineers AG
F:SHL

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Siemens Healthineers AG
F:SHL
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Price: 35.5 EUR -0.7%
Market Cap: €39.7B

P/B

2.2
Current
28%
Cheaper
vs 3-y average of 3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.2
=
Market Cap
€47.2B
/
Total Equity
€18.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.2
=
Market Cap
€47.2B
/
Total Equity
€18.4B

Valuation Scenarios

Siemens Healthineers AG is trading below its 3-year average

If P/B returns to its 3-Year Average (3), the stock would be worth €49.56 (40% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-25%
Maximum Upside
+48%
Average Upside
10%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.2 €35.5
0%
3-Year Average 3 €49.56
+40%
5-Year Average 3.2 €52.6
+48%
Industry Average 1.6 €26.77
-25%
Country Average 1.7 €27.63
-22%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
DE
Siemens Healthineers AG
F:SHL
40.1B EUR 2.2 18.8
US
Intuitive Surgical Inc
NASDAQ:ISRG
167.2B USD 9.4 58.6
US
Abbott Laboratories
NYSE:ABT
161.2B USD 3.1 25.7
US
Stryker Corp
NYSE:SYK
125.8B USD 5.6 38.8
IE
Medtronic PLC
NYSE:MDT
106.4B USD 2.2 23.1
US
Boston Scientific Corp
NYSE:BSX
88.9B USD 3.7 24.9
US
Edwards Lifesciences Corp
NYSE:EW
48.5B USD 4.7 44.2
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.8B USD 28.6 43.3
US
Becton Dickinson and Co
NYSE:BDX
42.8B USD 1.7 24.3
US
Resmed Inc
NYSE:RMD
32.3B USD 5.1 21.8
US
GE Healthcare Technologies Inc
NASDAQ:GEHC
32.1B USD 3.1 15.4

Market Distribution

In line with most companies in Germany
Percentile
59th
Based on 2 701 companies
59th percentile
2.2
Low
0 — 1.1
Typical Range
1.1 — 2.8
High
2.8 —
Distribution Statistics
Germany
Min 0
30th Percentile 1.1
Median 1.7
70th Percentile 2.8
Max 125.7

Siemens Healthineers AG
Glance View

Nestled at the intersection of innovation and healthcare, Siemens Healthineers AG carries forth the legacy of its parent conglomerate, Siemens, into the realm of medical technology. Headquartered in Erlangen, Germany, Siemens Healthineers has made it its mission to transform care delivery and shape a new age of healthcare. The company leverages its extensive engineering expertise and robust R&D capabilities to design a broad spectrum of healthcare solutions that range from imaging systems and in-vitro diagnostics to advanced therapy solutions and services. Their cutting-edge imaging portfolio includes MRI, CT, and X-ray systems, which aid physicians in making precise diagnoses. By harnessing data analytics and AI, they offer tools that go beyond traditional diagnostics, enabling more personalized and efficient patient care. The crux of Siemens Healthineers' business model lies not only in selling sophisticated medical equipment but also in a substantial service component. Maintenance contracts, performance upgrades, and consulting services ensure a steady revenue stream and deepen client relationships. The company also invests in digital health services, driven by a vision to empower healthcare providers with swift, data-infused insights. Through partnerships with healthcare institutions worldwide, Siemens Healthineers develops tailored solutions that enhance operational efficiency, patient experience, and clinical outcomes. These collaborations help expand their market footprint and solidify their position as an indispensable partner in the ever-evolving healthcare landscape. In essence, Siemens Healthineers helps healthcare providers improve patient outcomes while optimizing their operational workflows, thus deriving mutual growth and success.

SHL Intrinsic Value
61.48 EUR
Undervaluation 42%
Intrinsic Value
Price €35.5
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