NYSE:EW (USA) Also trade in: Germany Mexico Switzerland UK

Edwards Lifesciences Corp

$ 191.76 -1.47 (-0.76%)
On watch
Volume: 1,492,767 Avg Vol (1m): 1,217,901
Market Cap $: 39.85 Bil Enterprise Value $: 39.48 Bil
P/E (TTM): 53.42 P/B: 11.81
Earnings Power Value 24.84
Net Current Asset Value 1.64
Tangible Book 9.44
Projected FCF 54.28
Median P/S Value 106.99
Graham Number 27.61
Peter Lynch Value 0
DCF (FCF Based) 69.83
DCF (Earnings Based) 95.03
1Y (-%)

Financial Strength : 8/10

GuruFocus Financial Strength Rank measures how strong a company's financial situation is . It is based on these factors
1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
Current vs industry vs history
Cash-to-Debt 1.62
Cash-To-Debt ranked lower than
60.91% of 330 companies
in the Medical Devices industry.
Industry Max: 504099, Med: 2.32, Min: -16.34
EW: 1.62
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0, Med: 1.22, Max: 9.48
Current: 1.62
0
9.48
Equity-to-Asset 0.63
Equity-to-Asset ranked lower than
67.64% of 309 companies
in the Medical Devices industry.
Industry Max: 0.99, Med: 0.63, Min: -24.4
EW: 0.63
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.37, Med: 0.59, Max: 0.74
Current: 0.63
0.37
0.74
Debt-to-Equity 0.17
Debt-to-Equity ranked lower than
53.18% of 220 companies
in the Medical Devices industry.
Industry Max: 11.69, Med: 0.3, Min: 0.01
EW: 0.17
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.03, Med: 0.31, Max: 1.29
Current: 0.17
0.03
1.29
Debt-to-EBITDA 0.65
Debt-to-EBITDA ranked higher than
67.72% of 158 companies
in the Medical Devices industry.
Industry Max: 3384.46, Med: 1.98, Min: 0.02
EW: 0.65
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 0.13, Med: 0.59, Max: 1.02
Current: 0.65
0.13
1.02
Interest Coverage 2240.40
Interest Coverage ranked higher than
58.49% of 212 companies
in the Medical Devices industry.
Industry Max: 10000, Med: 66.37, Min: 0.03
EW: 2240.4
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 28.06, Med: 46, Max: 2240.4
Current: 2240.4
28.06
2240.4
Piotroski F-Score 7
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 14.22
DISTRESS
GREY
SAFE
Beneish M-Score -1.74
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 37.91%
WACC 7.67%

Profitability & Growth : 9/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 29.32
Operating Margin ranked higher than
94.87% of 312 companies
in the Medical Devices industry.
Industry Max: 1148.46, Med: 1.96, Min: -47867.72
EW: 29.32
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 17.88, Med: 22.6, Max: 29.57
Current: 29.32
17.88
29.57
Net Margin % 20.03
Net Margin ranked higher than
87.50% of 312 companies
in the Medical Devices industry.
Industry Max: 15538.12, Med: 1.4, Min: -45900
EW: 20.03
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 14.1, Med: 18.18, Max: 34.92
Current: 20.03
14.1
34.92
ROE % 23.39
ROE ranked higher than
91.12% of 304 companies
in the Medical Devices industry.
Industry Max: 51.97, Med: 0.95, Min: -2921.66
EW: 23.39
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 17.68, Med: 21.66, Max: 43.42
Current: 23.39
17.68
43.42
ROA % 13.54
ROA ranked higher than
88.86% of 332 companies
in the Medical Devices industry.
Industry Max: 1204.95, Med: -0.26, Min: -2520.55
EW: 13.54
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 11.47, Med: 13.22, Max: 26.03
Current: 13.54
11.47
26.03
ROC (Joel Greenblatt) % 61.37
ROC (Joel Greenblatt) ranked higher than
92.97% of 327 companies
in the Medical Devices industry.
Industry Max: 8175, Med: 3.87, Min: -323166.67
EW: 61.37
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 46.42, Med: 68.53, Max: 144.11
Current: 61.37
46.42
144.11
3-Year Total Revenue Growth Rate 14.30
3-Year Revenue Growth Rate ranked higher than
75.59% of 254 companies
in the Medical Devices industry.
Industry Max: 300.7, Med: 4.3, Min: -100
EW: 15.5
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -9.7, Med: 11.7, Max: 15.5
Current: 15.5
-9.7
15.5
3-Year Total EBITDA Growth Rate 7.20
3-Year EBITDA Growth Rate ranked lower than
67.24% of 232 companies
in the Medical Devices industry.
Industry Max: 109.5, Med: 7.5, Min: -344.2
EW: 8.3
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -24.2, Med: 14, Max: 57.8
Current: 8.3
-24.2
57.8
3-Year EPS w/o NRI Growth Rate 14.50
3-Year EPS w/o NRI Growth Rate ranked lower than
73.99% of 223 companies
in the Medical Devices industry.
Industry Max: 241, Med: 7.8, Min: -413
EW: 14.5
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 17.6, Max: 288.2
Current: 14.5
0
288.2

» EW's 30-Y Financials

Financials (Next Earnings Date: 2019-07-26)

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Business Description

Industry Medical Devices » Medical Devices    NAICS : 339113    SIC : 3842
Compare NAS:ALGN SZSE:300760 NYSE:ZBH LSE:SN. NYSE:BSX XPAR:DIM NAS:ABMD ASX:COH NAS:PODD OCSE:GN SZSE:300003 NYSE:PEN NAS:IART NYSE:GMED NAS:WMGI HKSE:01066 NAS:TNDM SZSE:300529 NAS:LIVN OCSE:AMBU B
Traded in other countries EWL.Germany 0REN.UK
Address One Edwards Way, Irvine, CA, USA, 92614
Spun off from Baxter International in 2000, Edwards Lifesciences designs, manufactures, and markets a range of medical devices and equipment for advanced stages of heart disease. Its key products include surgical tissue heart valves, transcatheter valve technologies, surgical clips, catheters and retractors, and monitoring systems used to measure a patient's heart function during surgery. The firm derives about 55% of its total sales from outside the U.S.

Ratios

Current vs industry vs history
PE Ratio (TTM) 53.42
PE Ratio ranked lower than
78.33% of 180 companies
in the Medical Devices industry.
Industry Max: 8940, Med: 30.17, Min: 0.06
EW: 53.42
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 11.18, Med: 35.17, Max: 53.89
Current: 53.42
11.18
53.89
Forward PE Ratio 37.04
Forward P/E ranked lower than
69.23% of 52 companies
in the Medical Devices industry.
Industry Max: 454.55, Med: 25.06, Min: 3.33
EW: 37.04
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 53.42
PE without NRI ranked lower than
77.65% of 179 companies
in the Medical Devices industry.
Industry Max: 8940, Med: 30.17, Min: 0.06
EW: 53.42
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 11.18, Med: 35.17, Max: 53.89
Current: 53.42
11.18
53.89
Price-to-Owner-Earnings 102.36
Price-to-Owner-Earnings ranked lower than
59.62% of 104 companies
in the Medical Devices industry.
Industry Max: 10850, Med: 32.03, Min: 0.73
EW: 102.36
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 7.88, Med: 39.38, Max: 572.5
Current: 102.36
7.88
572.5
PB Ratio 11.81
PB Ratio ranked lower than
86.13% of 310 companies
in the Medical Devices industry.
Industry Max: 1180, Med: 3.06, Min: 0.07
EW: 11.81
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 3.08, Med: 6.58, Max: 11.91
Current: 11.81
3.08
11.91
PS Ratio 10.68
PS Ratio ranked lower than
76.53% of 294 companies
in the Medical Devices industry.
Industry Max: 1136.36, Med: 3.15, Min: 0.05
EW: 10.68
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 2.31, Med: 5.96, Max: 10.77
Current: 10.68
2.31
10.77
Price-to-Free-Cash-Flow 78.17
Price-to-Free-Cash-Flow ranked lower than
61.68% of 107 companies
in the Medical Devices industry.
Industry Max: 3239, Med: 26.44, Min: 5.07
EW: 78.17
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 7.82, Med: 41.61, Max: 517.1
Current: 78.17
7.82
517.1
Price-to-Operating-Cash-Flow 52.55
Price-to-Operating-Cash-Flow ranked lower than
67.72% of 127 companies
in the Medical Devices industry.
Industry Max: 1586.78, Med: 20.01, Min: 3.03
EW: 52.55
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 7.33, Med: 30.1, Max: 53.02
Current: 52.55
7.33
53.02
EV-to-EBIT 47.08
EV-to-EBIT ranked lower than
54.60% of 174 companies
in the Medical Devices industry.
Industry Max: 18456.56, Med: 24.76, Min: 0.63
EW: 47.08
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 6.8, Med: 25.65, Max: 48.4
Current: 47.08
6.8
48.4
EV-to-EBITDA 43.05
EV-to-EBITDA ranked lower than
68.62% of 188 companies
in the Medical Devices industry.
Industry Max: 18456.56, Med: 18.14, Min: 0.62
EW: 43.05
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 6.4, Med: 23.1, Max: 44.3
Current: 43.05
6.4
44.3
EV-to-Revenue 10.35
EV-to-Revenue ranked lower than
72.82% of 309 companies
in the Medical Devices industry.
Industry Max: 17078.6, Med: 3.73, Min: 0.05
EW: 10.35
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 2.2, Med: 5.7, Max: 10.6
Current: 10.35
2.2
10.6
PEG Ratio 8.03
PEG Ratio ranked lower than
57.14% of 77 companies
in the Medical Devices industry.
Industry Max: 804, Med: 2.53, Min: 0.14
EW: 8.03
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 0.45, Med: 2.77, Max: 11.57
Current: 8.03
0.45
11.57
Shiller PE Ratio 83.05
Shiller PE Ratio ranked lower than
67.24% of 58 companies
in the Medical Devices industry.
Industry Max: 636.22, Med: 49.95, Min: 2.03
EW: 83.05
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 34.67, Med: 64.67, Max: 118.59
Current: 83.05
34.67
118.59
Current Ratio 3.66
Current Ratio ranked lower than
71.30% of 324 companies
in the Medical Devices industry.
Industry Max: 563.8, Med: 2.71, Min: 0.03
EW: 3.66
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.89, Med: 2.66, Max: 5.56
Current: 3.66
0.89
5.56
Quick Ratio 2.69
Quick Ratio ranked lower than
68.21% of 324 companies
in the Medical Devices industry.
Industry Max: 563.8, Med: 2.03, Min: 0.02
EW: 2.69
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.49, Med: 2.07, Max: 4.83
Current: 2.69
0.49
4.83
Days Inventory 230.75
Days Inventory ranked lower than
69.39% of 294 companies
in the Medical Devices industry.
Industry Max: 990.33, Med: 143.61, Min: 0.63
EW: 230.75
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 145.28, Med: 182.48, Max: 230.75
Current: 230.75
145.28
230.75
Days Sales Outstanding 55.21
Days Sales Outstanding ranked higher than
85.14% of 276 companies
in the Medical Devices industry.
Industry Max: 907.73, Med: 69.21, Min: 0.13
EW: 55.21
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 44.8, Med: 50.3, Max: 69.95
Current: 55.21
44.8
69.95
Days Payable 57.30
Days Payable ranked lower than
57.09% of 261 companies
in the Medical Devices industry.
Industry Max: 912.5, Med: 58.34, Min: 1
EW: 57.3
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 33.96, Med: 45.59, Max: 63.34
Current: 57.3
33.96
63.34

Dividend & Buy Back

Current vs industry vs history
3-Year Share Buyback Rate 1.00
3-Year Share Buyback Rate ranked higher than
92.62% of 244 companies
in the Medical Devices industry.
Industry Max: 19.2, Med: -5.7, Min: -1393.3
EW: 1
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -1.2, Med: 0.9, Max: 2.1
Current: 1
-1.2
2.1

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 20.31
Price-to-Tangible-Book ranked lower than
90.22% of 276 companies
in the Medical Devices industry.
Industry Max: 1180, Med: 4.5, Min: 0.07
EW: 20.31
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 5.58, Med: 10.19, Max: 199.7
Current: 20.31
5.58
199.7
Price-to-Projected-FCF 3.53
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
64.46% of 121 companies
in the Medical Devices industry.
Industry Max: 89.64, Med: 2.44, Min: 0.43
EW: 3.53
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 1.35, Med: 2.2, Max: 3.76
Current: 3.53
1.35
3.76
Price-to-DCF (Earnings Based) 2.02
Price-to-Intrinsic-Value-DCF (Earnings Based) ranked higher than
62.96% of 27 companies
in the Medical Devices industry.
Industry Max: 8.18, Med: 2.06, Min: 0.66
EW: 2.02
Ranked among companies with meaningful Price-to-Intrinsic-Value-DCF (Earnings Based) only.
Price-to-Intrinsic-Value-DCF (Earnings Based) range over the past 10 years
Min: 0.43, Med: 1.3, Max: 4.64
Current: 2.02
0.43
4.64
Price-to-Median-PS-Value 1.79
Price-to-Median-PS-Value ranked lower than
81.86% of 237 companies
in the Medical Devices industry.
Industry Max: 20.13, Med: 1.02, Min: 0.02
EW: 1.79
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.21, Med: 0.61, Max: 1.81
Current: 1.79
0.21
1.81
Price-to-Graham-Number 6.95
Price-to-Graham-Number ranked lower than
90.23% of 133 companies
in the Medical Devices industry.
Industry Max: 59.6, Med: 2.11, Min: 0.06
EW: 6.95
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 1.82, Med: 3.73, Max: 53.27
Current: 6.95
1.82
53.27
Earnings Yield (Joel Greenblatt) % 2.14
Earnings Yield (Greenblatt) ranked higher than
71.69% of 332 companies
in the Medical Devices industry.
Industry Max: 158.73, Med: 0.74, Min: -2500
EW: 2.14
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 2.1, Med: 3.9, Max: 14.7
Current: 2.14
2.1
14.7
Forward Rate of Return (Yacktman) % 6.16
Forward Rate of Return ranked higher than
68.00% of 125 companies
in the Medical Devices industry.
Industry Max: 78.28, Med: 6.6, Min: -76.71
EW: 6.16
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: 6.16, Med: 14.9, Max: 24.1
Current: 6.16
6.16
24.1

More Statistics

Revenue (TTM) (Mil) $ 3,821
EPS (TTM) $ 3.59
Beta 0.96
Volatility % 35.18
52-Week Range $ 134.53 - 197.86
Shares Outstanding (Mil) 207.83

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 7
Positive ROA Y
Positive CFROA Y
Higher ROA yoy Y
CFROA > ROA Y
Lower Leverage yoy N
Higher Current Ratio yoy Y
Less Shares Outstanding yoy Y
Higher Gross Margin yoy Y
Higher Asset Turnover yoy N