Medtronic plc (MDT)
Electromedical & Electrotherapeutic Apparatus
Latest Price
$90.96
TTM P/E
22.40
Normalized P/E
26.40
Div Yield
3.13%
Book Value
39.25
P/B Ratio
2.32
Valuation metrics
adjust assumptions →EPS: $3.73
Book value / share: $38.64
Formula: √(22.5 × EPS × BVPS)
Graham Number
$56.94
37% downside
Norm. op. income: $5.5B (median of 7yr)
Tax rate: 19%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$20.11
78% downside
Base FCF: $5.2B (median of recent 5yr)
Growth: 2%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$41.64
54% downside
EPS: $3.73
Target P/E: 26×
Formula: EPS × P/E
P/E Fair Value
$96.98
+7% upside