Carl Zeiss Meditec AG
OTC:CZMWY

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Carl Zeiss Meditec AG
OTC:CZMWY
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Price: 31.06 USD 5.75% Market Closed
Market Cap: $2.8B

EV/FCFF

21.2
Current
116%
Cheaper
vs 3-y average of -129.5

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
21.2
=
Enterprise Value
$2.8B
/
Free Cash Flow to Firm
€133.3m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
21.2
=
Enterprise Value
$2.8B
/
Free Cash Flow to Firm
€133.3m

Valuation Scenarios

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

If EV/FCFF returns to its 5-Year Average (22.2), the stock would be worth $32.52 (5% upside from current price).

Statistics
Positive Scenarios
2/3
Maximum Downside
-17%
Maximum Upside
+5%
Average Downside
4%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 21.2 $31.06
0%
5-Year Average 22.2 $32.52
+5%
Industry Average 21.3 $31.09
+0%
Country Average 17.7 $25.88
-17%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
DE
Carl Zeiss Meditec AG
OTC:CZMWY
2.3B USD 21.2 19
US
Intuitive Surgical Inc
NASDAQ:ISRG
162.6B USD 62.8 56.9
US
Abbott Laboratories
NYSE:ABT
155.4B USD 21.1 24.8
US
Stryker Corp
NYSE:SYK
112.7B USD 28.9 34.7
IE
Medtronic PLC
NYSE:MDT
102.7B USD 22.6 22.3
US
Boston Scientific Corp
NYSE:BSX
83.8B USD 25.4 23.5
US
Edwards Lifesciences Corp
NYSE:EW
48.8B USD 33.8 44.5
DE
Siemens Healthineers AG
XETRA:SHL
39.3B EUR 20.9 18.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.2B USD 43.7 42.7
US
Becton Dickinson and Co
NYSE:BDX
42.5B USD 22.3 24.2
US
Resmed Inc
NYSE:RMD
29.9B USD 16.2 20.1

Market Distribution

In line with most companies in Germany
Percentile
65th
Based on 1 970 companies
65th percentile
24.9
Low
0.1 — 11.9
Typical Range
11.9 — 29.2
High
29.2 —
Distribution Statistics
Germany
Min 0.1
30th Percentile 11.9
Median 17.7
70th Percentile 29.2
Max 2 317.8

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.

CZMWY Intrinsic Value
79.88 USD
Undervaluation 61%
Intrinsic Value
Price $31.06
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