Carl Zeiss Meditec AG
OTC:CZMWF

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Carl Zeiss Meditec AG Logo
Carl Zeiss Meditec AG
OTC:CZMWF
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Price: 32.06 USD Market Closed
Market Cap: $2.9B

P/FCFE

24.3
Current
119%
Cheaper
vs 3-y average of -126.8

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
24.3
=
Market Cap
$2.3B
/
Free Cash Flow to Equity
€94.4m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
24.3
=
Market Cap
$2.3B
/
Free Cash Flow to Equity
€94.4m

Valuation Scenarios

Carl Zeiss Meditec AG is trading above its 5-year average

If P/FCFE returns to its 5-Year Average (8.7), the stock would be worth $11.49 (64% downside from current price).

Statistics
Positive Scenarios
1/3
Maximum Downside
-64%
Maximum Upside
+4%
Average Downside
23%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 24.3 $32.06
0%
5-Year Average 8.7 $11.49
-64%
Industry Average 25.4 $33.5
+4%
Country Average 22 $28.98
-10%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
DE
Carl Zeiss Meditec AG
OTC:CZMWF
2.3B USD 24.3 19
US
Intuitive Surgical Inc
NASDAQ:ISRG
162.6B USD 65.3 56.9
US
Abbott Laboratories
NYSE:ABT
155.4B USD 29 24.8
US
Stryker Corp
NYSE:SYK
112.7B USD 20.7 34.7
IE
Medtronic PLC
NYSE:MDT
102.7B USD 27.3 22.3
US
Boston Scientific Corp
NYSE:BSX
83.8B USD 29.3 23.5
US
Edwards Lifesciences Corp
NYSE:EW
48.8B USD 37 44.5
DE
Siemens Healthineers AG
XETRA:SHL
39.3B EUR 41.4 18.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.2B USD 46 42.7
US
Becton Dickinson and Co
NYSE:BDX
42.5B USD 17.6 24.2
US
Resmed Inc
NYSE:RMD
29.9B USD 17.2 20.1

Market Distribution

In line with most companies in Germany
Percentile
65th
Based on 1 747 companies
65th percentile
29.4
Low
0.3 — 12.8
Typical Range
12.8 — 33.7
High
33.7 —
Distribution Statistics
Germany
Min 0.3
30th Percentile 12.8
Median 22
70th Percentile 33.7
Max 8 508.8

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.

CZMWF Intrinsic Value
78.79 USD
Undervaluation 59%
Intrinsic Value
Price $32.06
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