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Medtronic (FRA:2M6) EV-to-FCF

: 25.34 (As of Today)
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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Medtronic's Enterprise Value is €114,363 Mil. Medtronic's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2024 was €4,513 Mil. Therefore, Medtronic's EV-to-FCF for today is 25.34.

The historical rank and industry rank for Medtronic's EV-to-FCF or its related term are showing as below:

FRA:2M6' s EV-to-FCF Range Over the Past 10 Years
Min: 10.78   Med: 26.85   Max: 41.84
Current: 24.71

During the past 13 years, the highest EV-to-FCF of Medtronic was 41.84. The lowest was 10.78. And the median was 26.85.

FRA:2M6's EV-to-FCF is ranked better than
53.49% of 372 companies
in the Medical Devices & Instruments industry
Industry Median: 26.405 vs FRA:2M6: 24.71

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-19), Medtronic's stock price is €73.93. Medtronic's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 was €2.889. Therefore, Medtronic's PE Ratio for today is 25.59.


Medtronic EV-to-FCF Historical Data

The historical data trend for Medtronic's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medtronic Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
EV-to-FCF
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.93 24.07 39.28 25.52 30.05

Medtronic Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EV-to-FCF Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.85 30.05 30.17 27.54 27.07

Competitive Comparison

For the Medical Devices subindustry, Medtronic's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Medtronic EV-to-FCF Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Medtronic's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Medtronic's EV-to-FCF falls into.



Medtronic EV-to-FCF Calculation

Medtronic's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=114362.747/4512.672
=25.34

Medtronic's current Enterprise Value is €114,363 Mil.
Medtronic's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,513 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Medtronic  (FRA:2M6) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Medtronic's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=73.93/2.889
=25.59

Medtronic's share price for today is €73.93.
Medtronic's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.889.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Medtronic EV-to-FCF Related Terms

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Medtronic (FRA:2M6) Business Description

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, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.

Medtronic (FRA:2M6) Headlines

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