Sysmex Corp (TSE:6869)

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Price: 2 933.5 JPY 0.05%

Market Cap: 1.8T JPY

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Section:

Relative Value

The Relative Value of one Sysmex Corp stock under the Base Case scenario is 2 392.11 JPY. Compared to the current market price of 2 933.5 JPY, Sysmex Corp is Overvalued by 18%.

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?

Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

3.7

P/S

vs History	9
vs Industry	35

Median 5Y

2.4

Industry

2.3

Forward

3.5

More Details

34.2

P/E

vs History	14
vs Industry	17

Median 5Y

22.7

Industry

23.1

Forward

31.1

More Details

21.9

P/OCF

vs History	19
vs Industry	16

Median 5Y

13.4

Industry

14.2

More Details

34.2

P/FCFE

vs History	49
vs Industry	12

Median 5Y

34.3

Industry

20.1

More Details

4.1

P/B

vs History	6
vs Industry	23

Median 5Y

2.4

Industry

2.2

More Details

3.6

EV/S

vs History	12
vs Industry	34

Median 5Y

2.3

Industry

2.4

Forward

3.4

More Details

6.8

EV/GP

vs History	14
vs Industry	34

Median 5Y

4.5

Industry

More Details

EV/EBITDA

vs History	17
vs Industry	26

Median 5Y

9.1

Industry

12.7

Forward

13.6

More Details

EV/EBIT

vs History	19
vs Industry	23

Median 5Y

13.8

Industry

17.1

More Details

21.4

EV/OCF

vs History	20
vs Industry	17

Median 5Y

12.5

Industry

More Details

55.6

EV/FCFF

vs History	23
vs Industry	4

Median 5Y

Industry

More Details

3.6

EV/IC

vs History	4
vs Industry	26

Median 5Y

2.1

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
JP	Sysmex Corp TSE:6869	1.8T JPY	3.7	34.2	14	20
US	Abbott Laboratories NYSE:ABT	199.1B USD	4.8	34.3	20	29.2
US	Intuitive Surgical Inc NASDAQ:ISRG	191.3B USD	24.1	84.5	72	89.3
US	Stryker Corp NYSE:SYK	141.3B USD	6.4	39.1	25.4	30.8
US	Boston Scientific Corp NYSE:BSX	134.2B USD	8.4	74.2	33.9	48.4
IE	Medtronic PLC NYSE:MDT	104.7B USD	3.2	24.3	13.5	19.2
US	Becton Dickinson and Co NYSE:BDX	65.5B USD	3.2	37.6	15.7	28
DE	Siemens Healthineers AG XETRA:SHL	58.1B EUR	2.6	31.2	17.7	25.8
US	Edwards Lifesciences Corp NYSE:EW	44.1B USD	7.8	10.6	23.6	25.8
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	309.1B CNY	8.3	25	21.7	21.7
US	GE Healthcare Technologies Inc NASDAQ:GEHC	36.2B USD	1.8	21.6	13.5	16.7

			Revenue Growth	P/S to Growth
JP	Sysmex Corp TSE:6869	Average P/S: 6.8 3.7	32%	0.1
US	Abbott Laboratories NYSE:ABT	4.8	22%	0.2
US	Intuitive Surgical Inc NASDAQ:ISRG	24.1	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	3.2	20%	0.2
DE	Siemens Healthineers AG XETRA:SHL	2.6	18%	0.1
US	Edwards Lifesciences Corp NYSE:EW	7.8	11%	0.7
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	8.3	64%	0.1
US	GE Healthcare Technologies Inc NASDAQ:GEHC	1.8	11%	0.2

			Earnings Growth	P/E to Growth
JP	Sysmex Corp TSE:6869	Average P/E: 37.9 34.2	51%	0.7
US	Abbott Laboratories NYSE:ABT	34.3	75%	0.5
US	Intuitive Surgical Inc NASDAQ:ISRG	84.5	86%	1
US	Stryker Corp NYSE:SYK	39.1	81%	0.5
US	Boston Scientific Corp NYSE:BSX	74.2	202%	0.4
IE	Medtronic PLC NYSE:MDT	24.3	122%	0.2
US	Becton Dickinson and Co NYSE:BDX	37.6	222%	0.2
DE	Siemens Healthineers AG XETRA:SHL	31.2	114%	0.3
US	Edwards Lifesciences Corp NYSE:EW	10.6	20%	0.5
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	25	66%	0.4
US	GE Healthcare Technologies Inc NASDAQ:GEHC	21.6	75%	0.3

			EBITDA Growth	EV/EBITDA to Growth
JP	Sysmex Corp TSE:6869	Average EV/EBITDA: 24.6 14	34%	0.4
US	Abbott Laboratories NYSE:ABT	20	32%	0.6
US	Intuitive Surgical Inc NASDAQ:ISRG	72	112%	0.6
US	Stryker Corp NYSE:SYK	25.4	42%	0.6
US	Boston Scientific Corp NYSE:BSX	33.9	76%	0.4
IE	Medtronic PLC NYSE:MDT	13.5	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	23.6	10%	2.4
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	21.7	70%	0.3
US	GE Healthcare Technologies Inc NASDAQ:GEHC	13.5	41%	0.3

			EBIT Growth	EV/EBIT to Growth
JP	Sysmex Corp TSE:6869	Average EV/EBIT: 32.3 20	N/A	N/A
US	Abbott Laboratories NYSE:ABT	29.2	71%	0.4
US	Intuitive Surgical Inc NASDAQ:ISRG	89.3	132%	0.7
US	Stryker Corp NYSE:SYK	30.8	61%	0.5
US	Boston Scientific Corp NYSE:BSX	48.4	137%	0.4
IE	Medtronic PLC NYSE:MDT	19.2	61%	0.3
US	Becton Dickinson and Co NYSE:BDX	28	110%	0.3
DE	Siemens Healthineers AG XETRA:SHL	25.8	104%	0.2
US	Edwards Lifesciences Corp NYSE:EW	25.8	9%	2.9
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	21.7	61%	0.4
US	GE Healthcare Technologies Inc NASDAQ:GEHC	16.7	52%	0.3

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

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	Bank of America Corp NYSE:BAC	44.38 USD 1.12%
	Mastercard Inc NYSE:MA	533.65 USD 0.89%
	Salesforce Inc NYSE:CRM	344.43 USD 0.45%
	Abbvie Inc NYSE:ABBV	179.8 USD 0.79%
	Home Depot Inc NYSE:HD	394.57 USD 0.59%

	Arista Networks Inc NYSE:ANET	114.02 USD 0.82%
	Visa Inc NYSE:V	320.65 USD 1.08%
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	Salesforce Inc NYSE:CRM	344.43 USD 0.45%
	Accenture PLC NYSE:ACN	360.93 USD 0.6%
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Sysmex Corp
TSE:6869

Relative Value

Valuation Multiples

Multiples Across Competitors

Competitors Multiples
Sysmex Corp Competitors

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Company

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52 Week Range	2 166.8315 3 195
Price Target

Sysmex Corp TSE:6869

Relative Value

Valuation Multiples

Multiples Across Competitors

Competitors Multiples Sysmex Corp Competitors

See Also

Company

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Sysmex Corp
TSE:6869

Competitors Multiples
Sysmex Corp Competitors