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 -2.38% Market Closed
Market Cap: $2.9B

P/S

1
Current
64%
Cheaper
vs 3-y average of 2.9

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1
=
Market Cap
$2.3B
/
Revenue
€2.2B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1
=
Market Cap
$2.3B
/
Revenue
€2.2B

Valuation Scenarios

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

If P/S returns to its 3-Year Average (2.9), the stock would be worth $88.3 (175% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+363%
Average Upside
138%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 1 $32.06
0%
3-Year Average 2.9 $88.3
+175%
5-Year Average 4.8 $148.46
+363%
Industry Average 1.2 $35.9
+12%
Country Average 1.1 $32.47
+1%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
$2.3B
/
Jan 2026
€2.2B
=
1
Current
$2.3B
/
Sep 2026
€2.2B
=
1
Forward
$2.3B
/
Sep 2027
€2.4B
=
1
Forward
$2.3B
/
Sep 2028
€2.5B
=
0.9
Forward
$2.3B
/
Sep 2029
€2.7B
=
0.9
Forward
$2.3B
/
Sep 2030
€2.8B
=
0.8
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
DE
Carl Zeiss Meditec AG
OTC:CZMWF
2.3B USD 1 19
US
Intuitive Surgical Inc
NASDAQ:ISRG
162.5B USD 16.1 56.9
US
Abbott Laboratories
NYSE:ABT
157.7B USD 3.5 25.1
US
Stryker Corp
NYSE:SYK
120.5B USD 4.8 37.1
IE
Medtronic PLC
NYSE:MDT
103.9B USD 2.9 22.5
US
Boston Scientific Corp
NYSE:BSX
85.4B USD 4.1 24
US
Edwards Lifesciences Corp
NYSE:EW
48.5B USD 7.7 44.2
DE
Siemens Healthineers AG
XETRA:SHL
39.3B EUR 1.7 18.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
44.7B USD 10.4 42.2
US
Becton Dickinson and Co
NYSE:BDX
42.4B USD 1.9 24.2
US
Resmed Inc
NYSE:RMD
31.1B USD 5.8 21

Market Distribution

In line with most companies in Germany
Percentile
56th
Based on 2 778 companies
56th percentile
1.3
Low
0 — 0.6
Typical Range
0.6 — 2.1
High
2.1 —
Distribution Statistics
Germany
Min 0
30th Percentile 0.6
Median 1.1
70th Percentile 2.1
Max 23 633

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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