Valuation Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 2026-05-08			5-day change	1st Jan Change
170.61 ^CNY	+0.06%		+1.31%	-10.42%

04-28	Shenzhen Mindray Bio-Medical Electronics Q1 net profit down 11.4% Y/Y	RE
04-28	Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	461,774	382,132	351,450	308,395	230,329	206,334	-	-
Change	-	-17.25%	-8.03%	-12.25%	-25.31%	-10.42%	-	-
Enterprise Value (EV) ¹	446,498	359,043	332,776	291,872	212,767	186,164	179,933	178,991
Change	-	-19.59%	-7.32%	-12.29%	-27.1%	-12.5%	-3.35%	-0.52%
P/E ratio	57.8x	39.8x	30.4x	26.5x	28.4x	23.9x	20.4x	18.9x
PBR	17.2x	12x	10.6x	8.62x	6.06x	5.01x	4.36x	4.15x
PEG	-	1.9x	1.5x	33.64x	-0.9x	3.68x	1.2x	2.38x
Capitalization / Revenue	18.3x	12.6x	10.1x	8.4x	6.92x	5.74x	5.16x	4.7x
EV / Revenue	17.7x	11.8x	9.53x	7.95x	6.39x	5.18x	4.5x	4.07x
EV / EBITDA	45.7x	30.4x	23.8x	20x	18.5x	16.1x	13.6x	12.4x
EV / EBIT	49.3x	32.7x	25.5x	22.3x	21.7x	17.7x	14.8x	13.4x
EV / FCF	58.6x	34.9x	39.6x	27.8x	26.1x	22.1x	16.3x	15.5x
FCF Yield	1.71%	2.87%	2.52%	3.6%	3.83%	4.52%	6.15%	6.46%
Dividend per Share ²	3.5	4.5	1.5	5.6	5.6	4.493	5.421	5.651
Rate of return	0.92%	1.42%	0.52%	2.2%	2.94%	2.63%	3.18%	3.31%
EPS ²	6.587	7.937	9.558	9.633	6.714	7.15	8.369	9.033
Distribution rate	53.1%	56.7%	15.7%	58.1%	83.4%	62.8%	64.8%	62.6%
Net sales ¹	25,270	30,366	34,932	36,726	33,282	35,954	39,960	43,938
EBITDA ¹	9,766	11,796	13,995	14,578	11,514	11,536	13,212	14,429
EBIT ¹	9,066	10,991	13,070	13,112	9,795	10,498	12,134	13,311
Net income ¹	8,002	9,607	11,582	11,668	8,136	8,611	10,218	10,950
Net Debt ¹	-15,276	-23,088	-18,673	-16,523	-17,562	-20,171	-26,401	-27,343
Reference price ²	380.80	315.97	290.60	255.00	190.45	170.61	170.61	170.61
Nbr of stocks (in thousands)	1,212,643	1,209,393	1,209,393	1,209,393	1,209,393	1,209,393	-	-
Announcement Date	4/19/22	4/27/23	4/26/24	4/28/25	3/30/26	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.	23.86x	5.18x	16.14x	2.63%	30.34B
THERMO FISHER SCIENTIFIC, INC.	23.02x	4.26x	16.42x	0.4%	173B
INTUITIVE SURGICAL, INC.	49.43x	12.97x	29.08x	-.--%	159B
DANAHER CORPORATION	27.07x	5.11x	15.92x	0.81%	121B
BOSTON SCIENTIFIC CORPORATION	19.88x	3.99x	12.94x	-.--%	80.16B
EDWARDS LIFESCIENCES CORPORATION	28.37x	6.3x	20.04x	-.--%	46.04B
SIEMENS HEALTHINEERS AG	16.87x	2.05x	10.03x	3.02%	44.18B
WATERS CORPORATION	36.58x	6.06x	18.39x	-.--%	34.86B
AGILENT TECHNOLOGIES, INC.	22.17x	4.54x	15.75x	0.88%	32.67B
RESMED, INC.	19.51x	5.15x	13.13x	1.18%	29.99B
Average	26.68x	5.56x	16.78x	0.89%	75.16B
Weighted average by Cap.	29.39x	6.38x	18.42x	0.59%