0.32%
14.90%
22.68%
39.19%
67.76%
140.19%
137.36%

Company Description

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.It operates through three segments: MedSurg, Rhythm and Neuro, and Cardiovascular.The company offers devices to diagnose and treat gastrointestinal and pulmonary conditions; devices to treat various urological and pelvic conditions; implantable cardioverter and implantable cardiac resynchronization therapy defibrillators; pacemakers and implantable cardiac resynchronization therapy pacemakers; and remote patient management systems.


It also provides medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising 3-D cardiac mapping and navigation solutions, ablation catheters, diagnostic catheters, mapping catheters, intracardiac ultrasound catheters, delivery sheaths, and other accessories; spinal cord stimulator systems for the management of chronic pain; indirect decompression systems; and deep brain stimulation systems.In addition, the company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; percutaneous coronary interventions products to treat atherosclerosis; intravascular catheter-directed ultrasound imaging catheters, fractional flow reserve devices, and systems for use in coronary arteries and heart chambers, as well as various peripheral vessels; and structural heart therapies.Further, it provides stents, balloon catheters, wires, and atherectomy systems to treat arterial diseases; thrombectomy and acoustic pulse thrombolysis systems, wires, and stents to treat venous diseases; and peripheral embolization devices, radioactive microspheres, ablation systems, cryotherapy ablation systems, and micro and drainage catheters to treat cancer.


The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts.

Market Data

Last Price 103.04
Change Percentage 0.32%
Open 103.6
Previous Close 102.71
Market Cap ( Millions) 151863
Volume 5260438
Year High 104.24
Year Low 63.39
M A 50 92.58
M A 200 82.13

Financial Ratios

FCF Yield 1.29%
Dividend Yield 0.00%
ROE 8.91%
Debt / Equity 54.37%
Net Debt / EBIDTA 234.56%
Price To Book 7.33
Price Earnings Ratio 84.82
Price To FCF 77.28
Price To sales 9.55
EV / EBITDA 43.03

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Cardiovascular

Expected Growth : 8 %

What the company do ?

Boston Scientific's Cardiovascular segment offers a range of medical devices and solutions for cardiovascular diseases, including coronary stents, cardiac rhythm management, and structural heart therapies.

Why we expect these perspectives ?

Boston Scientific's Cardiovascular segment growth is driven by increasing demand for minimally invasive procedures, adoption of advanced technologies such as fractional flow reserve (FFR) and intravascular ultrasound (IVUS), and expansion into emerging markets. Additionally, the company's strategic acquisitions and investments in research and development have enhanced its product portfolio, contributing to the 8% growth rate.

Segment nΒ°2 -> MedSurg

Expected Growth : 10 %

What the company do ?

MedSurg is a medical technology segment from Boston Scientific Corporation that develops and commercializes medical devices for various medical specialties.

Why we expect these perspectives ?

Boston Scientific's MedSurg segment growth is driven by increasing demand for minimally invasive procedures, advancements in robotics and navigation, and expansion into emerging markets. Additionally, the company's strategic acquisitions, such as the purchase of BTG, have enhanced its portfolio and fueled growth.

Segment nΒ°3 -> Reconciling Items

Expected Growth : 9 %

What the company do ?

Reconciling Items from Boston Scientific Corporation refers to the process of resolving discrepancies between the company's financial records and actual transactions, ensuring accuracy and transparency in financial reporting.

Why we expect these perspectives ?

Boston Scientific Corporation's 9% growth is driven by increasing demand for minimally invasive medical devices, strategic acquisitions, and geographic expansion into emerging markets. Additionally, investments in research and development have led to innovative product launches, further fueling growth. The company's focus on cost savings initiatives and operational efficiencies has also contributed to its strong performance.

Boston Scientific Corporation Products

Product Range What is it ?
Cardiac Rhythm Management (CRM) Devices Devices that help regulate the heartbeat, including pacemakers, implantable cardioverter defibrillators (ICDs), and cardiac resynchronization therapy (CRT) devices.
Electrophysiology (EP) Products Devices and catheters used to diagnose and treat abnormal heart rhythms, including ablation catheters and diagnostic catheters.
Endoscopy Products Devices and instruments used to visualize and treat conditions in the digestive tract, including endoscopes, balloons, and snares.
Interventional Cardiology Products Devices and systems used to treat coronary artery disease, including angioplasty balloons, stents, and guidewires.
Neuromodulation Products Devices and systems used to treat chronic pain, movement disorders, and other neurological conditions, including spinal cord stimulators and deep brain stimulators.
Peripheral Interventions Products Devices and systems used to treat peripheral artery disease, including angioplasty balloons, stents, and atherectomy systems.
Urology and Pelvic Health Products Devices and systems used to treat urological and pelvic health conditions, including urinary incontinence, pelvic organ prolapse, and kidney stones.

Boston Scientific Corporation's Porter Forces

Boston Scientific Corporation faces moderate threat from substitutes, as patients may opt for alternative treatments or products from other companies, but the company's strong brand reputation and product offerings mitigate this threat to some extent.

Boston Scientific Corporation has a diverse customer base, which reduces the bargaining power of individual customers, and the company's strong relationships with hospitals and healthcare providers further limit customer bargaining power.

Boston Scientific Corporation relies on a network of suppliers for raw materials and components, and while the company has some bargaining power due to its size, suppliers may still exert some pressure on prices and delivery terms.

The medical device industry has high barriers to entry, including significant research and development costs, regulatory hurdles, and the need for specialized expertise, making it difficult for new entrants to challenge Boston Scientific Corporation's market position.

The medical device industry is highly competitive, with several established players, including Medtronic, Abbott, and Johnson & Johnson, competing fiercely for market share, which increases the intensity of rivalry for Boston Scientific Corporation.

Capital Structure

Value
Debt Weight 32.99%
Debt Cost 3.95%
Equity Weight 67.01%
Equity Cost 7.79%
WACC 6.52%
Leverage 49.23%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
DXCM DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally. The company provides its systems …
ABBV AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals in the worldwide. The company offers HUMIRA, a therapy administered as an injection for autoimmune and intestinal BehΓ§et's diseases; SKYRIZI to treat …
ABT Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. …
SYK Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use …
MCK McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U.S. Pharmaceutical segment …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
103.04$
Current Price
103.04$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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