Carl Zeiss Meditec AG
XETRA:AFX

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Carl Zeiss Meditec AG
XETRA:AFX
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Price: 59.9 EUR -0.08%
Market Cap: 5.4B EUR

Relative Value

The Relative Value of one AFX stock under the Base Case scenario is 99.28 EUR. Compared to the current market price of 59.9 EUR, Carl Zeiss Meditec AG is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AFX Relative Value
Base Case
99.28 EUR
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
38
Median 3Y
4.3
Median 5Y
5.3
Industry
2.2
Forward
2.4
vs History
68
vs Industry
14
Median 3Y
33.4
Median 5Y
40.2
Industry
21.9
Forward
30.8
vs History
52
vs Industry
15
Median 3Y
-138.4
Median 5Y
21.3
Industry
13.5
vs History
42
vs Industry
29
Median 3Y
-139.7
Median 5Y
10.7
Industry
19.3
vs History
90
vs Industry
29
Median 3Y
4.2
Median 5Y
5.4
Industry
2.1
vs History
90
vs Industry
35
Median 3Y
4.4
Median 5Y
5.4
Industry
2.3
Forward
2.6
vs History
88
vs Industry
37
Median 3Y
7.8
Median 5Y
9.4
Industry
4.8
vs History
90
vs Industry
16
Median 3Y
25.4
Median 5Y
27.8
Industry
11.5
Forward
14.9
vs History
39
vs Industry
11
Median 3Y
28.4
Median 5Y
31.1
Industry
15.6
Forward
22.8
vs History
52
vs Industry
14
Median 3Y
-140.6
Median 5Y
23.5
Industry
13.3
vs History
25
vs Industry
6
Median 3Y
-142.6
Median 5Y
48.6
Industry
17.3
vs History
90
vs Industry
36
Median 3Y
3.4
Median 5Y
4.2
Industry
1.8

Multiples Across Competitors

AFX Competitors Multiples
Carl Zeiss Meditec AG Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Carl Zeiss Meditec AG
XETRA:AFX
5.2B EUR 2.5 33.4 18.6 32.4
US
Abbott Laboratories
NYSE:ABT
230.4B USD 5.4 17.1 22.2 31.8
US
Intuitive Surgical Inc
NASDAQ:ISRG
188.9B USD 21.7 76.3 60.9 73.3
US
Boston Scientific Corp
NYSE:BSX
153.5B USD 8.7 75.5 35.6 49.4
US
Stryker Corp
NYSE:SYK
144.3B USD 6.2 50.5 25 30.1
IE
Medtronic PLC
NYSE:MDT
105.6B USD 3.2 24.8 13.3 18.8
DE
Siemens Healthineers AG
XETRA:SHL
53B EUR 2.3 26.7 15.4 22
US
Becton Dickinson and Co
NYSE:BDX
47.3B USD 2.3 31.2 12.6 23.6
US
Edwards Lifesciences Corp
NYSE:EW
44.1B USD 8 10.5 24.1 26.5
US
IDEXX Laboratories Inc
NASDAQ:IDXX
38.2B USD 9.7 42.7 30.4 33.9
CN
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
267B CNY 7.5 24 20.9 20.9