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Medtronic MDT

$88.96
−$0.34 (-0.38%)
Market open · Sep 24, 1:10 pm ET
After hours $89.32 +0.02%
Open$89.62
Prev close$89.30
Day range$88.88 – $90.28
Volume4.11M
Market cap$113.79B
P/E (TTM)21.9
Dividend yield3.20%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings22.8x
CheapRich

Near the bottom of its 5-year range · 10th percentile, 5-year average 27.2x

#1756 of 2974 stocks by PE (1 = cheapest)

Price / book2.4x
CheapRich

Above its usual level · 63rd percentile, 5-year average 2.3x

#3193 of 5300 stocks by PB (1 = cheapest)

Price / sales3.2x
CheapRich

Near the bottom of its 5-year range · 13th percentile, 5-year average 3.6x

#3135 of 5139 stocks by PS (1 = cheapest)

P/E over five years

19x28x37x46xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$103.88
Price vs. fair value-14.4%Trading below the estimate
Star rating★★★★★
Economic moatNarrow
UncertaintyLow
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 2.36 2.33 63% (pricier than usual) #3193 of 5300 (1 = cheapest)
PE 22.81 27.22 10% (cheaper than usual) #1756 of 2974 (1 = cheapest)
PS 3.16 3.60 13% (cheaper than usual) #3135 of 5139 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★★★
Fair value estimate$103.88
Economic moatNarrow
UncertaintyLow
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