Envista Holdings Corp (NYSE:NVST)

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Price: 18.95 USD 0.8%

Market Cap: 3.3B USD

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Section:

Relative Value

The Relative Value of one NVST stock under the Base Case scenario is 32.78 USD. Compared to the current market price of 18.95 USD, Envista Holdings Corp is Undervalued by 42%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

NVST Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.3

P/S

vs History	80
vs Industry	65

Median 5Y

2.2

Industry

2.3

Forward

1.3

More Details

Negative

P/E

vs History
vs Industry	28

Median 5Y

21.5

Industry

23.1

Forward

25.8

More Details

10.6

P/OCF

vs History	65
vs Industry	37

Median 5Y

15.4

Industry

14.2

More Details

29.2

P/FCFE

vs History	23
vs Industry	33

Median 5Y

13.7

Industry

20.1

More Details

1.1

P/B

vs History	60
vs Industry	72

Median 5Y

1.3

Industry

2.2

More Details

1.4

EV/S

vs History	82
vs Industry	62

Median 5Y

2.5

Industry

2.4

Forward

1.4

More Details

2.6

EV/GP

vs History	82
vs Industry	67

Median 5Y

4.3

Industry

More Details

12.3

EV/EBITDA

vs History	34
vs Industry	40

Median 5Y

13.2

Industry

12.7

Forward

12.2

More Details

EV/EBIT

vs History	26
vs Industry	37

Median 5Y

18.2

Industry

17.1

Forward

14.4

More Details

11.7

EV/OCF

vs History	74
vs Industry	35

Median 5Y

17.1

Industry

More Details

13.1

EV/FCFF

vs History	80
vs Industry	30

Median 5Y

21.4

Industry

More Details

0.8

EV/IC

vs History	61
vs Industry	73

Median 5Y

Industry

1.9

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
US	E	Envista Holdings Corp NYSE:NVST	3.3B USD	1.3	-2.4	12.3	22
US		Abbott Laboratories NYSE:ABT	199B USD	4.8	34.5	20	29.3
US		Intuitive Surgical Inc NASDAQ:ISRG	191.3B USD	24.3	85.3	72.8	90.4
US		Stryker Corp NYSE:SYK	141.3B USD	6.4	39.4	25.6	31
US		Boston Scientific Corp NYSE:BSX	134.2B USD	8.4	74.8	34.3	49
IE		Medtronic PLC NYSE:MDT	104.6B USD	3.2	24.4	13.6	19.3
US		Becton Dickinson and Co NYSE:BDX	65.6B USD	3.3	38	15.7	28.2
DE		Siemens Healthineers AG XETRA:SHL	58.1B EUR	2.6	31.2	17.7	25.8
US		Edwards Lifesciences Corp NYSE:EW	44.5B USD	7.9	10.7	23.8	26.1
CN		Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	311.1B CNY	8.4	25.1	21.8	21.8
US		GE Healthcare Technologies Inc NASDAQ:GEHC	36.3B USD	1.9	21.6	13.6	16.7

				Revenue Growth	P/S to Growth
US	E	Envista Holdings Corp NYSE:NVST	Average P/S: 6.6 1.3	6%	0.2
US		Abbott Laboratories NYSE:ABT	4.8	22%	0.2
US		Intuitive Surgical Inc NASDAQ:ISRG	24.3	58%	0.4
US		Stryker Corp NYSE:SYK	6.4	30%	0.2
US		Boston Scientific Corp NYSE:BSX	8.4	46%	0.2
IE		Medtronic PLC NYSE:MDT	3.2	15%	0.2
US		Becton Dickinson and Co NYSE:BDX	3.3	20%	0.2
DE		Siemens Healthineers AG XETRA:SHL	2.6	18%	0.1
US		Edwards Lifesciences Corp NYSE:EW	7.9	11%	0.7
CN		Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	8.4	64%	0.1
US		GE Healthcare Technologies Inc NASDAQ:GEHC	1.9	11%	0.2

				Earnings Growth	P/E to Growth
US	E	Envista Holdings Corp NYSE:NVST	Average P/E: 38.5 Negative Multiple: -2.4	N/A	N/A
US		Abbott Laboratories NYSE:ABT	34.5	75%	0.5
US		Intuitive Surgical Inc NASDAQ:ISRG	85.3	86%	1
US		Stryker Corp NYSE:SYK	39.4	81%	0.5
US		Boston Scientific Corp NYSE:BSX	74.8	202%	0.4
IE		Medtronic PLC NYSE:MDT	24.4	122%	0.2
US		Becton Dickinson and Co NYSE:BDX	38	222%	0.2
DE		Siemens Healthineers AG XETRA:SHL	31.2	114%	0.3
US		Edwards Lifesciences Corp NYSE:EW	10.7	20%	0.5
CN		Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	25.1	66%	0.4
US		GE Healthcare Technologies Inc NASDAQ:GEHC	21.6	75%	0.3

				EBITDA Growth	EV/EBITDA to Growth
US	E	Envista Holdings Corp NYSE:NVST	Average EV/EBITDA: 24.7 12.3	-12%	N/A
US		Abbott Laboratories NYSE:ABT	20	32%	0.6
US		Intuitive Surgical Inc NASDAQ:ISRG	72.8	112%	0.6
US		Stryker Corp NYSE:SYK	25.6	42%	0.6
US		Boston Scientific Corp NYSE:BSX	34.3	76%	0.5
IE		Medtronic PLC NYSE:MDT	13.6	29%	0.5
US		Becton Dickinson and Co NYSE:BDX	15.7	35%	0.4
DE		Siemens Healthineers AG XETRA:SHL	17.7	53%	0.3
US		Edwards Lifesciences Corp NYSE:EW	23.8	10%	2.4
CN		Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	21.8	70%	0.3
US		GE Healthcare Technologies Inc NASDAQ:GEHC	13.6	41%	0.3

				EBIT Growth	EV/EBIT to Growth
US	E	Envista Holdings Corp NYSE:NVST	Average EV/EBIT: 32.7 22	11%	2.1
US		Abbott Laboratories NYSE:ABT	29.3	71%	0.4
US		Intuitive Surgical Inc NASDAQ:ISRG	90.4	132%	0.7
US		Stryker Corp NYSE:SYK	31	61%	0.5
US		Boston Scientific Corp NYSE:BSX	49	137%	0.4
IE		Medtronic PLC NYSE:MDT	19.3	61%	0.3
US		Becton Dickinson and Co NYSE:BDX	28.2	110%	0.3
DE		Siemens Healthineers AG XETRA:SHL	25.8	104%	0.2
US		Edwards Lifesciences Corp NYSE:EW	26.1	9%	2.9
CN		Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	21.8	61%	0.4
US		GE Healthcare Technologies Inc NASDAQ:GEHC	16.7	52%	0.3

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Envista Holdings Corp
NYSE:NVST

Relative Value

Valuation Multiples

Multiples Across Competitors

NVST Competitors Multiples
Envista Holdings Corp Competitors

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Company

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52 Week Range	15.3 25.45
Price Target

Envista Holdings Corp NYSE:NVST

Relative Value

Valuation Multiples

Multiples Across Competitors

NVST Competitors Multiples Envista Holdings Corp Competitors

See Also

Company

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Envista Holdings Corp
NYSE:NVST

NVST Competitors Multiples
Envista Holdings Corp Competitors