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Hologic Inc
NASDAQ:HOLX

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Hologic Inc
NASDAQ:HOLX
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Price: 76.01 USD Market Closed
Market Cap: $17B

P/B

3.2
Current
9%
Cheaper
vs 3-y average of 3.6

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
3.2
=
Market Cap
$16.8B
/
Total Equity
$5.2B

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
3.2
=
Market Cap
$16.8B
/
Total Equity
$5.2B

Valuation Scenarios

Hologic Inc is trading below its 3-year average

If P/B returns to its 3-Year Average (3.6), the stock would be worth $83.51 (10% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-22%
Maximum Upside
+14%
Average Downside
1%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.2 $76.01
0%
3-Year Average 3.6 $83.51
+10%
5-Year Average 3.7 $86.37
+14%
Industry Average 3.1 $73.4
-3%
Country Average 2.5 $59.11
-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
US
Hologic Inc
NASDAQ:HOLX
17B USD 3.2 31.2
US
Intuitive Surgical Inc
NASDAQ:ISRG
171.2B USD 9.6 60
US
Abbott Laboratories
NYSE:ABT
158.3B USD 3 25.2
US
Stryker Corp
NYSE:SYK
125.3B USD 5.6 38.6
IE
Medtronic PLC
NYSE:MDT
106.9B USD 2.2 23.2
US
Boston Scientific Corp
NYSE:BSX
92B USD 3.8 25.8
DE
Siemens Healthineers AG
XETRA:SHL
40B EUR 2.2 18.9
US
Edwards Lifesciences Corp
NYSE:EW
48.9B USD 4.7 44.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.1B USD 28.1 42.6
US
Becton Dickinson and Co
NYSE:BDX
43.3B USD 1.7 24.7
US
Resmed Inc
NYSE:RMD
32B USD 5.1 21.6

Market Distribution

In line with most companies in the United States of America
Percentile
59th
Based on 10 946 companies
59th percentile
3.2
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Hologic Inc
Glance View

Hologic Inc., headquartered in Marlborough, Massachusetts, crafts a narrative deeply intertwined with the vital mission of women's health. Established in 1985, the company has grown into a prominent player in the medical device and diagnostics realm. Hologic’s success is anchored in its core business sectors: Breast & Skeletal Health, Diagnostic Solutions, GYN Surgical, and Medical Aesthetics. The cornerstone of this expansive operation is innovation, driving the development of advanced technologies like 3D mammography systems that revolutionize breast cancer detection. This strategic focus on high-value diagnostics and medical equipment allows Hologic to capture significant market share, ensuring a steady revenue stream from both capital equipment sales and ongoing service and maintenance contracts. Beyond its robust presence in imaging and diagnostics, Hologic amplifies its influence through a comprehensive array of solutions for early stage disease detection and treatment. Their Diagnostic Solutions arm, particularly strengthened by molecular diagnostic tests, is a response to the increasing global demand for rapid and accurate testing solutions—a need only intensified by recent global health challenges. These products not only provide critical tools for healthcare professionals but also secure recurring income for Hologic through the sale of consumables and tests. By embedding itself in the cycles of medical advancements and enhancing the standard of care, Hologic generates sustainable growth and remains a crucial ally in both public and specialized health sectors. The company’s blend of technology-driven products and strategic agility enables it to navigate dynamic markets while maintaining a resolute focus on improving health outcomes around the world.

HOLX Intrinsic Value
70 USD
Overvaluation 8%
Intrinsic Value
Price $76.01
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