Fresenius Medical Care AG
XMUN:FME

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Fresenius Medical Care AG
XMUN:FME
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Price: 37.75 EUR 0.88% Market Closed
Market Cap: €22.2B

Relative Value

The Relative Value of one FME stock under the Base Case scenario is 49.18 EUR. Compared to the current market price of 37.75 EUR, Fresenius Medical Care AG is Undervalued by 23%.

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.

FME Relative Value
Base Case
49.18 EUR
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

FME Competitors Multiples
Fresenius Medical Care AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Fresenius Medical Care AG
XMUN:FME
22.2B EUR 1.1 30.8 9.9 21.1
US
CVS Health Corp
NYSE:CVS
94.7B USD 0.2 202 13.5 13.5
US
Cigna Corp
NYSE:CI
72.5B USD 0.3 11.8 0 0
US
Cigna Group
XMUN:CGN
60.5B EUR 0.3 11.6 8.8 11.2
DE
Fresenius SE & Co KGaA
XETRA:FRE
26.6B EUR 1.2 23.4 10.2 15.5
US
Laboratory Corporation of America Holdings
NYSE:LH
22.5B USD 1.6 26.3 14.2 19.8
US
Quest Diagnostics Inc
NYSE:DGX
20.5B USD 1.9 21.4 11.8 15.9
US
Guardant Health Inc
NASDAQ:GH
14B USD 15.7 -35.6 -37.4 -33.9
DE
Fresenius Medical Care AG & Co KGaA
XETRA:FME
11B EUR 0.6 15.3 6.2 13.2
AU
Sonic Healthcare Ltd
ASX:SHL
11B AUD 1.1 21.5 16.2 16.2
US
DaVita Inc
NYSE:DVA
7.7B USD 0.6 10.1 6.5 8.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
Fresenius Medical Care AG
XMUN:FME
Average EV/EBITDA: 10.8
9.9
10%
1
US
CVS Health Corp
NYSE:CVS
13.5
25%
0.5
US
Cigna Corp
NYSE:CI
Not Available N/A N/A
US
C
Cigna Group
XMUN:CGN
8.8
4%
2.2
DE
Fresenius SE & Co KGaA
XETRA:FRE
10.2
14%
0.7
US
Laboratory Corporation of America Holdings
NYSE:LH
14.2
16%
0.9
US
Quest Diagnostics Inc
NYSE:DGX
11.8
8%
1.5
US
Guardant Health Inc
NASDAQ:GH
Negative Multiple: -37.4 N/A N/A
DE
F
Fresenius Medical Care AG & Co KGaA
XETRA:FME
6.2
10%
0.6
AU
Sonic Healthcare Ltd
ASX:SHL
16.2
34%
0.5
US
DaVita Inc
NYSE:DVA
6.5
4%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
Fresenius Medical Care AG
XMUN:FME
Average EV/EBIT: 15
21.1
25%
0.8
US
CVS Health Corp
NYSE:CVS
13.5
19%
0.7
US
Cigna Corp
NYSE:CI
Not Available N/A N/A
US
C
Cigna Group
XMUN:CGN
11.2
5%
2.2
DE
Fresenius SE & Co KGaA
XETRA:FRE
15.5
20%
0.8
US
Laboratory Corporation of America Holdings
NYSE:LH
19.8
27%
0.7
US
Quest Diagnostics Inc
NYSE:DGX
15.9
11%
1.4
US
Guardant Health Inc
NASDAQ:GH
Negative Multiple: -33.9 N/A N/A
DE
F
Fresenius Medical Care AG & Co KGaA
XETRA:FME
13.2
25%
0.5
AU
Sonic Healthcare Ltd
ASX:SHL
16.2
11%
1.5
US
DaVita Inc
NYSE:DVA
8.9
4%
2.2