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Becton, Dickinson & Co. Covering Analyst: Kristina [email protected]. Becton, Dickinson & Co. Medical devices Instrument systems Reagents. Revenue Segments. BD Medical BD Diagnostics BD Biosciences. Geographic Exposure. United States Europe Asia Pacific Latin America. - PowerPoint PPT Presentation
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Becton, Dickinson & Co.Covering Analyst: Kristina [email protected]
Surgical And Medical Instrument Sector
Demand Drivers: Demographics Medical discoveries
Mature & Emerging markets
Downside Catalysts
Reduced research funding Growth in the U.S. & European markets Medical device tax
Comparable Analysis
Multiple Implied Price WeightEV/Revenue $89.78 15.00%EV/Gross Profit $84.57 15.00%EV/EBIT $76.70 25.00%EV/EBITDA $82.66 25.00%EV/(EBITDA-Capex) $51.74 0.00%Market Cap/Net Income = P/E $71.47 20.00%Price Target $80.29Current Price 77.76Undervalued 3.25%
Recommendation: Hold
Forward Comparable Analysis 50% $80.29DCF Analysis 50% $117.72Current Price $77.76Implied Price $99.00Undervalued 21.46%
Final Implied Price