Medtronic Plc Stock Filter Stocks by Fundamentals
MDT Stock | USD 87.15 0.23 0.26% |
Medtronic PLC fundamentals help investors to digest information that contributes to Medtronic PLC's financial success or failures. It also enables traders to predict the movement of Medtronic Stock. The fundamental analysis module provides a way to measure Medtronic PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Medtronic PLC stock.
Medtronic | Price to Earnings To Growth |
Medtronic Price to Earnings To Growth Analysis
2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 1.4B | 1.5B | 1.7B | 1.8B | Dividends Paid | 3.4B | 3.6B | 4.2B | 4.4B |
Medtronic Price to Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Medtronic PLC is extremely important. It helps to project a fair market value of Medtronic Stock properly, considering its historical fundamentals such as Price to Earnings To Growth. Since Medtronic PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Medtronic PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Medtronic PLC's interrelated accounts and indicators.
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Medtronic Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, the price to earnings to growth indicator of Medtronic PLC is roughly 0.0null. This indicator is about the same for the Health Care Equipment & Supplies average (which is currently at 0.0) sector and about the same as Price to Earnings To Growth (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
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Medtronic PLC ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Medtronic PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Medtronic PLC's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Medtronic Fundamentals
Return On Equity | 0.0817 | ||||
Return On Asset | 0.0423 | ||||
Profit Margin | 0.13 % | ||||
Operating Margin | 0.19 % | ||||
Current Valuation | 132.28 B | ||||
Shares Outstanding | 1.33 B | ||||
Shares Owned By Insiders | 0.10 % | ||||
Shares Owned By Institutions | 85.21 % | ||||
Number Of Shares Shorted | 11.53 M | ||||
Price To Earning | 20.44 X | ||||
Price To Book | 2.23 X | ||||
Price To Sales | 3.57 X | ||||
Revenue | 31.23 B | ||||
Gross Profit | 21.71 B | ||||
EBITDA | 9.04 B | ||||
Net Income | 3.78 B | ||||
Cash And Equivalents | 1.54 B | ||||
Cash Per Share | 8.59 X | ||||
Total Debt | 24.36 B | ||||
Debt To Equity | 0.51 % | ||||
Current Ratio | 1.76 X | ||||
Book Value Per Share | 38.95 X | ||||
Cash Flow From Operations | 6.04 B | ||||
Short Ratio | 1.64 X | ||||
Earnings Per Share | 3.15 X | ||||
Price To Earnings To Growth | 1.65 X | ||||
Target Price | 93.75 | ||||
Number Of Employees | 95 K | ||||
Beta | 0.77 | ||||
Market Capitalization | 115.41 B | ||||
Total Asset | 90.95 B | ||||
Retained Earnings | 30.39 B | ||||
Working Capital | 12.62 B | ||||
Current Asset | 23.6 B | ||||
Current Liabilities | 7.17 B | ||||
Z Score | 4.15 | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 2.18 % | ||||
Net Asset | 90.95 B | ||||
Last Dividend Paid | 2.75 |
About Medtronic PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Medtronic PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Medtronic PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Medtronic PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. The company was founded in 1949 and is headquartered in Dublin, Ireland. Medtronic operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 95000 people.
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Try AI Portfolio ArchitectCheck out Medtronic PLC Piotroski F Score and Medtronic PLC Altman Z Score analysis. For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.Note that the Medtronic PLC information on this page should be used as a complementary analysis to other Medtronic PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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When running Medtronic PLC's price analysis, check to measure Medtronic PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.
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Is Medtronic PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Medtronic PLC. If investors know Medtronic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Medtronic PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.078 | Dividend Share 2.75 | Earnings Share 3.15 | Revenue Per Share 24.298 | Quarterly Revenue Growth 0.047 |
The market value of Medtronic PLC is measured differently than its book value, which is the value of Medtronic that is recorded on the company's balance sheet. Investors also form their own opinion of Medtronic PLC's value that differs from its market value or its book value, called intrinsic value, which is Medtronic PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Medtronic PLC's market value can be influenced by many factors that don't directly affect Medtronic PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Medtronic PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medtronic PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medtronic PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.