-0.16%
7.78%
7.43%
18.23%
23.30%
57.40%
82.59%

Company Description

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 in hip and knee joint replacements, and trauma and extremities surgeries.


This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies.The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties.This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants.


The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries.Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.

Market Data

Last Price 390.43
Change Percentage -0.16%
Open 394.15
Previous Close 391.07
Market Cap ( Millions) 148838
Volume 1681734
Year High 406.19
Year Low 314.93
M A 50 377.99
M A 200 353.91

Financial Ratios

FCF Yield 2.15%
Dividend Yield 0.83%
ROE 11.73%
Debt / Equity 28.36%
Net Debt / EBIDTA 190.75%
Price To Book 3.46
Price Earnings Ratio 49.74
Price To FCF 46.44
Price To sales 6.59
EV / EBITDA 35.17

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> MedSurg and Neurotechnology

Expected Growth : 6.5 %

What the company do ?

MedSurg and Neurotechnology from Stryker Corporation refers to medical and surgical products, including neurotechnology solutions for neurosurgical and orthopedic procedures.

Why we expect these perspectives ?

Stryker's MedSurg and Neurotechnology segments' 6.5% growth is driven by increasing demand for minimally invasive surgical instruments, robotic-assisted surgery, and neurovascular products. Expanding hospital and outpatient surgery center markets, an aging population, and innovative product launches also contribute to growth.

Segment nΒ°2 -> Orthopaedics and Spine

Expected Growth : 7.5 %

What the company do ?

Orthopaedics and Spine from Stryker Corporation provides innovative implants, instruments, and technologies for joint reconstruction, trauma, and spine procedures, enhancing patient care and outcomes.

Why we expect these perspectives ?

Stryker's Orthopaedics and Spine segment growth is driven by increasing demand for joint replacement and spine surgeries, fueled by an aging population and rising prevalence of osteoarthritis. Additionally, advancements in robotic-assisted surgery and minimally invasive procedures are driving adoption of Stryker's innovative products, such as Mako robotic-arm assisted surgery.

Stryker Corporation Products

Product Range What is it ?
Orthopaedic Implants Stryker's Orthopaedic Implants segment offers a range of products, including hip, knee, and trauma implants, as well as bone cement and accessories.
MedSurg Equipment Stryker's MedSurg Equipment segment provides a variety of medical devices, including hospital beds, stretchers, and surgical navigation systems.
Neurotechnology and Spine Stryker's Neurotechnology and Spine segment offers products for neurosurgery, orthobiologics, and spinal implant systems.
Instruments Stryker's Instruments segment provides a range of surgical instruments, including electrosurgical, endoscopic, and orthopaedic instruments.

Stryker Corporation's Porter Forces

Stryker Corporation operates in the medical technology industry, where substitutes are limited. However, the company faces competition from alternative medical procedures and treatments, which could potentially substitute its products.

Stryker Corporation sells its products to hospitals, clinics, and other healthcare providers, which have limited bargaining power due to the specialized nature of the company's products.

Stryker Corporation relies on a diverse range of suppliers for raw materials, components, and services. While some suppliers may have bargaining power, the company's diversified supply chain mitigates this risk.

The medical technology industry has high barriers to entry, including significant research and development costs, regulatory hurdles, and the need for specialized expertise. This limits the threat of new entrants.

The medical technology industry is highly competitive, with several established players competing for market share. Stryker Corporation faces intense rivalry from companies such as Johnson & Johnson, Medtronic, and Zimmer Biomet.

Capital Structure

Value
Debt Weight 41.14%
Debt Cost 3.95%
Equity Weight 58.86%
Equity Cost 8.51%
WACC 6.63%
Leverage 69.89%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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BSX 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 …
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 …
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. …
JNJ Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide. The company's Consumer Health segment offers baby care products under …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
390.43$
Current Price
390.43$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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