Medtronic PLC

$ 97.32 -0.18 (-0.18%)
On watch
Volume: 2,749,533 Avg Vol (1m): 5,660,513
Market Cap $: 130.48 Bil Enterprise Value $: 146.07 Bil
P/E (TTM): 28.47 P/B: 2.62
Earnings Power Value 33.11
Net Current Asset Value -13.06
Tangible Book -7.72
Projected FCF 68.95
Median P/S Value 79.47
Graham Number 0
Peter Lynch Value 25.65
DCF (FCF Based) 46.33
DCF (Earnings Based) 36.6
1Y (-%)

Financial Strength : 6/10

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 0.39
Cash-To-Debt ranked lower than
74.55% of 330 companies
in the Medical Devices industry.
Industry Max: 504099, Med: 2.32, Min: -16.34
MDT: 0.39
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.21, Med: 0.79, Max: 7.76
Current: 0.39
0.21
7.76
Equity-to-Asset 0.56
Equity-to-Asset ranked lower than
66.99% of 309 companies
in the Medical Devices industry.
Industry Max: 0.99, Med: 0.63, Min: -24.4
MDT: 0.56
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.48, Med: 0.61, Max: 0.79
Current: 0.56
0.48
0.79
Debt-to-Equity 0.51
Debt-to-Equity ranked lower than
71.36% of 220 companies
in the Medical Devices industry.
Industry Max: 11.69, Med: 0.3, Min: 0.01
MDT: 0.51
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.03, Med: 0.35, Max: 0.84
Current: 0.51
0.03
0.84
Debt-to-EBITDA 2.74
Debt-to-EBITDA ranked lower than
63.92% of 158 companies
in the Medical Devices industry.
Industry Max: 3384.46, Med: 1.98, Min: 0.02
MDT: 2.74
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 1.85, Med: 2.57, Max: 6.63
Current: 2.74
1.85
6.63
Interest Coverage 4.59
Interest Coverage ranked lower than
81.60% of 212 companies
in the Medical Devices industry.
Industry Max: 10000, Med: 66.37, Min: 0.03
MDT: 4.59
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 4.3, Med: 8.38, Max: 12.85
Current: 4.59
4.3
12.85
Piotroski F-Score 8
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 3.16
DISTRESS
GREY
SAFE
Beneish M-Score -2.57
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 9.1%
WACC 3.78%

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 % 21.70
Operating Margin ranked higher than
88.14% of 312 companies
in the Medical Devices industry.
Industry Max: 1148.46, Med: 1.96, Min: -47867.72
MDT: 21.7
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 20.67, Med: 25.1, Max: 29.47
Current: 21.7
20.67
29.47
Net Margin % 15.16
Net Margin ranked higher than
74.36% of 312 companies
in the Medical Devices industry.
Industry Max: 15538.12, Med: 1.4, Min: -45900
MDT: 15.16
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 10.36, Med: 16.59, Max: 22.35
Current: 15.16
10.36
22.35
ROE % 9.24
ROE ranked higher than
58.55% of 304 companies
in the Medical Devices industry.
Industry Max: 51.97, Med: 0.95, Min: -2921.66
MDT: 9.24
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 6.15, Med: 12.64, Max: 22.29
Current: 9.24
6.15
22.29
ROA % 5.17
ROA ranked higher than
60.54% of 332 companies
in the Medical Devices industry.
Industry Max: 1204.95, Med: -0.26, Min: -2520.55
MDT: 5.17
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 3.25, Med: 6.77, Max: 11.99
Current: 5.17
3.25
11.99
ROC (Joel Greenblatt) % 75.47
ROC (Joel Greenblatt) ranked higher than
90.83% of 327 companies
in the Medical Devices industry.
Industry Max: 8175, Med: 3.87, Min: -323166.67
MDT: 75.47
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 61.86, Med: 74.47, Max: 79.72
Current: 75.47
61.86
79.72
3-Year Total Revenue Growth Rate 2.00
3-Year Revenue Growth Rate ranked higher than
63.39% of 254 companies
in the Medical Devices industry.
Industry Max: 300.7, Med: 4.3, Min: -100
MDT: 3.6
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: 3.6, Med: 12.8, Max: 18.6
Current: 3.6
3.6
18.6
3-Year Total EBITDA Growth Rate 2.90
3-Year EBITDA Growth Rate ranked higher than
52.59% of 232 companies
in the Medical Devices industry.
Industry Max: 109.5, Med: 7.5, Min: -344.2
MDT: 4.6
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -3.7, Med: 15.7, Max: 26.5
Current: 4.6
-3.7
26.5
3-Year EPS w/o NRI Growth Rate 11.20
3-Year EPS w/o NRI Growth Rate ranked lower than
61.43% of 223 companies
in the Medical Devices industry.
Industry Max: 241, Med: 7.8, Min: -413
MDT: 11.2
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: -9.7, Med: 14.6, Max: 27.1
Current: 11.2
-9.7
27.1

» MDT's 30-Y Financials

Financials (Next Earnings Date: 2019-08-20)

Guru Trades Click for details

» Details

Insider Trades

SEC Filings

Gurus Latest Trades with NYSE:MDT

» Interactive Chart

Peter Lynch Chart

Business Description

Industry Medical Devices » Medical Devices    NAICS : 334510    SIC : 3845
Compare NYSE:ABT NYSE:SYK NYSE:BSX NYSE:EW NAS:ALGN SZSE:300760 NYSE:ZBH LSE:SN. XPAR:DIM NAS:ABMD ASX:COH NAS:PODD OCSE:GN SZSE:300003 NYSE:PEN NAS:IART NYSE:GMED NAS:WMGI HKSE:01066 NAS:TNDM
Traded in other countries MDTC34.Brazil 2M6.Germany MDTN.Mexico 0Y6X.UK
Address Lower Hatch Street, 20 On Hatch, Dublin, IRL, 2
One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for about 45% of the company's total sales.

Ratios

Current vs industry vs history
PE Ratio (TTM) 28.47
PE Ratio ranked lower than
65.56% of 180 companies
in the Medical Devices industry.
Industry Max: 8940, Med: 30.17, Min: 0.06
MDT: 28.47
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 10.17, Med: 21.55, Max: 59.11
Current: 28.47
10.17
59.11
Forward PE Ratio 17.86
Forward P/E ranked higher than
84.62% of 52 companies
in the Medical Devices industry.
Industry Max: 454.55, Med: 25.06, Min: 3.33
MDT: 17.86
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 28.47
PE without NRI ranked lower than
65.36% of 179 companies
in the Medical Devices industry.
Industry Max: 8940, Med: 30.17, Min: 0.06
MDT: 28.47
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 10.17, Med: 21.55, Max: 59.11
Current: 28.47
10.17
59.11
Price-to-Owner-Earnings 26.30
Price-to-Owner-Earnings ranked higher than
64.42% of 104 companies
in the Medical Devices industry.
Industry Max: 10850, Med: 32.03, Min: 0.73
MDT: 26.3
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 9.24, Med: 18.96, Max: 37.87
Current: 26.3
9.24
37.87
PB Ratio 2.62
PB Ratio ranked higher than
61.61% of 310 companies
in the Medical Devices industry.
Industry Max: 1180, Med: 3.06, Min: 0.07
MDT: 2.62
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 1.78, Med: 2.5, Max: 5.57
Current: 2.62
1.78
5.57
PS Ratio 4.33
PS Ratio ranked lower than
55.44% of 294 companies
in the Medical Devices industry.
Industry Max: 1136.36, Med: 3.15, Min: 0.05
MDT: 4.33
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 1.92, Med: 3.53, Max: 4.55
Current: 4.33
1.92
4.55
Price-to-Free-Cash-Flow 22.50
Price-to-Free-Cash-Flow ranked higher than
52.34% of 107 companies
in the Medical Devices industry.
Industry Max: 3239, Med: 26.44, Min: 5.07
MDT: 22.5
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 9.18, Med: 14.75, Max: 33.07
Current: 22.5
9.18
33.07
Price-to-Operating-Cash-Flow 18.84
Price-to-Operating-Cash-Flow ranked lower than
56.69% of 127 companies
in the Medical Devices industry.
Industry Max: 1586.78, Med: 20.01, Min: 3.03
MDT: 18.84
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 8.13, Med: 12.8, Max: 25.54
Current: 18.84
8.13
25.54
EV-to-EBIT 22.17
EV-to-EBIT ranked higher than
58.62% of 174 companies
in the Medical Devices industry.
Industry Max: 18456.56, Med: 24.76, Min: 0.63
MDT: 22.17
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 8.7, Med: 16.65, Max: 31.1
Current: 22.17
8.7
31.1
EV-to-EBITDA 15.79
EV-to-EBITDA ranked higher than
61.17% of 188 companies
in the Medical Devices industry.
Industry Max: 18456.56, Med: 18.14, Min: 0.62
MDT: 15.79
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 7.3, Med: 13.55, Max: 23.6
Current: 15.79
7.3
23.6
EV-to-Revenue 4.79
EV-to-Revenue ranked lower than
56.63% of 309 companies
in the Medical Devices industry.
Industry Max: 17078.6, Med: 3.73, Min: 0.05
MDT: 4.79
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 2.3, Med: 3.5, Max: 6.4
Current: 4.79
2.3
6.4
PEG Ratio 3.48
PEG Ratio ranked lower than
84.42% of 77 companies
in the Medical Devices industry.
Industry Max: 804, Med: 2.53, Min: 0.14
MDT: 3.48
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 1.09, Med: 4.12, Max: 43.2
Current: 3.48
1.09
43.2
Shiller PE Ratio 30.59
Shiller PE Ratio ranked higher than
74.14% of 58 companies
in the Medical Devices industry.
Industry Max: 636.22, Med: 49.95, Min: 2.03
MDT: 30.59
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 14.42, Med: 23.2, Max: 34.66
Current: 30.59
14.42
34.66
Current Ratio 2.59
Current Ratio ranked lower than
52.47% of 324 companies
in the Medical Devices industry.
Industry Max: 563.8, Med: 2.71, Min: 0.03
MDT: 2.59
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.88, Med: 2.38, Max: 4.52
Current: 2.59
0.88
4.52
Quick Ratio 2.15
Quick Ratio ranked higher than
51.85% of 324 companies
in the Medical Devices industry.
Industry Max: 563.8, Med: 2.03, Min: 0.02
MDT: 2.15
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.69, Med: 1.92, Max: 4.09
Current: 2.15
0.69
4.09
Days Inventory 148.65
Days Inventory ranked lower than
51.02% of 294 companies
in the Medical Devices industry.
Industry Max: 990.33, Med: 143.61, Min: 0.63
MDT: 148.65
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 133.79, Med: 145.46, Max: 164.01
Current: 148.65
133.79
164.01
Days Sales Outstanding 74.32
Days Sales Outstanding ranked lower than
52.90% of 276 companies
in the Medical Devices industry.
Industry Max: 907.73, Med: 69.21, Min: 0.13
MDT: 74.32
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 68.69, Med: 79.38, Max: 92.09
Current: 74.32
68.69
92.09
Days Payable 77.86
Days Payable ranked higher than
59.39% of 261 companies
in the Medical Devices industry.
Industry Max: 912.5, Med: 58.34, Min: 1
MDT: 77.86
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 40.22, Med: 61.8, Max: 93.14
Current: 77.86
40.22
93.14

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 2.06
Trailing Dividend Yield ranked higher than
83.02% of 212 companies
in the Medical Devices industry.
Industry Max: 231.62, Med: 1.12, Min: 0.05
MDT: 2.06
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 1, Med: 2.09, Max: 2.93
Current: 2.06
1
2.93
Dividend Payout Ratio 0.59
Dividend Payout Ratio ranked higher than
71.43% of 126 companies
in the Medical Devices industry.
Industry Max: 5.3, Med: 0.32, Min: 0.03
MDT: 0.59
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.29, Med: 0.44, Max: 0.81
Current: 0.59
0.29
0.81
3-Year Dividend Growth Rate (Per Share) 9.60
3-Year Dividend Growth Rate ranked higher than
64.00% of 75 companies
in the Medical Devices industry.
Industry Max: 99, Med: 9.7, Min: -100
MDT: 9.6
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 7.6, Med: 16, Max: 30.2
Current: 9.6
7.6
30.2
Forward Dividend Yield % 2.05
Forward Dividend Yield ranked higher than
81.77% of 203 companies
in the Medical Devices industry.
Industry Max: 231.62, Med: 1.48, Min: 0.05
MDT: 2.05
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 3.78
Yield-on-Cost (5y) ranked higher than
83.66% of 257 companies
in the Medical Devices industry.
Industry Max: 231.62, Med: 1.52, Min: 0.05
MDT: 3.78
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 1.83, Med: 3.83, Max: 5.37
Current: 3.78
1.83
5.37
3-Year Share Buyback Rate 1.00
3-Year Share Buyback Rate ranked lower than
65.57% of 244 companies
in the Medical Devices industry.
Industry Max: 19.2, Med: -5.7, Min: -1393.3
MDT: 1
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -11.3, Med: 0.1, Max: 2.5
Current: 1
-11.3
2.5

Valuation & Return

Current vs industry vs history
Price-to-Projected-FCF 1.41
Price-to-Intrinsic-Value-Projected-FCF ranked higher than
84.30% of 121 companies
in the Medical Devices industry.
Industry Max: 89.64, Med: 2.44, Min: 0.43
MDT: 1.41
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: 0.77, Med: 1.86, Max: 6.95
Current: 1.41
0.77
6.95
Price-to-DCF (Earnings Based) 2.66
Price-to-Intrinsic-Value-DCF (Earnings Based) ranked lower than
85.19% of 27 companies
in the Medical Devices industry.
Industry Max: 8.18, Med: 2.06, Min: 0.66
MDT: 2.66
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: 0.72, Med: 1.52, Max: 3.31
Current: 2.66
0.72
3.31
Price-to-Median-PS-Value 1.22
Price-to-Median-PS-Value ranked lower than
54.43% of 237 companies
in the Medical Devices industry.
Industry Max: 20.13, Med: 1.02, Min: 0.02
MDT: 1.22
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.57, Med: 1.14, Max: 3.58
Current: 1.22
0.57
3.58
Price-to-Peter-Lynch-Fair-Value 3.79
Price-to-Peter-Lynch-Fair-Value ranked lower than
93.62% of 47 companies
in the Medical Devices industry.
Industry Max: 26.18, Med: 2.05, Min: 0.43
MDT: 3.79
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
Price-to-Peter-Lynch-Fair-Value range over the past 10 years
Min: 1.11, Med: 2.17, Max: 5.87
Current: 3.79
1.11
5.87
Earnings Yield (Joel Greenblatt) % 4.51
Earnings Yield (Greenblatt) ranked higher than
78.61% of 332 companies
in the Medical Devices industry.
Industry Max: 158.73, Med: 0.74, Min: -2500
MDT: 4.51
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 3.2, Med: 6, Max: 11.5
Current: 4.51
3.2
11.5
Forward Rate of Return (Yacktman) % 11.21
Forward Rate of Return ranked higher than
56.80% of 125 companies
in the Medical Devices industry.
Industry Max: 78.28, Med: 6.6, Min: -76.71
MDT: 11.21
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: 4, Med: 9.6, Max: 19.8
Current: 11.21
4
19.8

More Statistics

Revenue (TTM) (Mil) $ 30,557
EPS (TTM) $ 3.42
Beta 0.53
Volatility % 18.32
52-Week Range $ 81.66 - 100.15
Shares Outstanding (Mil) 1,340.7

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 8
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 Y