Projected Income Statement: Stryker Corporation

Forecast Balance Sheet: Stryker Corporation

Forecast Balance Sheet - Stryker Corporation
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 9,453 9,929 7,879 7,695 11,848 9,125 5,899 2,543
Change - 5.04% -20.65% -2.34% 53.97% -22.98% -35.35% -56.89%
Announcement Date 1/27/22 1/31/23 1/30/24 1/28/25 1/29/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Stryker Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 525 588 575 755 761 858.5 910.6 954.4
Change - 12% -2.21% 31.3% 0.79% 12.81% 6.07% 4.81%
Free Cash Flow (FCF) 1 2,738 2,036 3,105 3,487 4,283 4,011 4,962 5,674
Change - -25.64% 52.5% 12.3% 22.83% -6.36% 23.73% 14.36%
Announcement Date 1/27/22 1/31/23 1/30/24 1/28/25 1/29/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Stryker Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 27.78% 25.77% 26.09% 27.18% 28.13% 28.64% 28.97% 29.61%
EBIT Margin (%) 25.61% 23.76% 24.17% 25.29% 26.29% 26.72% 27.19% 27.81%
EBT Margin (%) 13.33% 14.54% 17.92% 15.45% 17.97% 21.57% 23.22% 23.86%
Net margin (%) 11.66% 12.78% 15.44% 13.25% 12.92% 18.16% 19.43% 20.1%
FCF margin (%) 16% 11.04% 15.15% 15.43% 17.05% 14.74% 16.8% 17.82%
FCF / Net Income (%) 137.31% 86.34% 98.1% 116.51% 131.95% 81.2% 86.45% 88.63%

Profitability

        
ROA 10.08% 9.99% 10.59% 11.34% 11.6% 10.81% 11.69% 11.95%
ROE 24.85% 22.68% 23.1% 23.96% 24.47% 23.3% 22.65% 21.31%

Financial Health

        
Leverage (Debt/EBITDA) 1.99x 2.09x 1.47x 1.25x 1.68x 1.17x 0.69x 0.27x
Debt / Free cash flow 3.45x 4.88x 2.54x 2.21x 2.77x 2.28x 1.19x 0.45x

Capital Intensity

        
CAPEX / Current Assets (%) 3.07% 3.19% 2.81% 3.34% 3.03% 3.16% 3.08% 3%
CAPEX / EBITDA (%) 11.05% 12.37% 10.75% 12.29% 10.77% 11.02% 10.64% 10.12%
CAPEX / FCF (%) 19.17% 28.88% 18.52% 21.65% 17.77% 21.4% 18.35% 16.82%

Items per share

        
Cash flow per share 1 8.535 6.866 9.591 11 13.05 14.72 18.56 21
Change - -19.56% 39.7% 14.7% 18.63% 12.78% 26.07% 13.19%
Dividend per Share 1 2.585 2.835 3.05 3.24 3.4 3.594 3.824 4.107
Change - 9.67% 7.58% 6.23% 4.94% 5.72% 6.39% 7.39%
Book Value Per Share 1 39.41 43.93 48.98 54.16 58.66 68.58 79.47 92.39
Change - 11.48% 11.49% 10.57% 8.31% 16.92% 15.87% 16.27%
EPS 1 5.21 6.17 8.25 7.76 8.4 12.85 14.69 16.59
Change - 18.43% 33.71% -5.94% 8.25% 52.92% 14.39% 12.9%
Nbr of stocks (in thousands) 377,240 378,430 379,938 381,216 382,424 383,573 383,573 383,573
Announcement Date 1/27/22 1/31/23 1/30/24 1/28/25 1/29/26 - - -
1USD
Estimates
2026 *2027 *
P/E 21.6x 18.9x
PBR 4.04x 3.49x
EV / Sales 4.25x 3.8x
Yield 1.3% 1.38%

EPS & Dividend

EPS & Dividend - Stryker Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - Stryker Corporation
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Stryker Corporation
Trader
Investor
Global
Quality
ESG MSCI
AA
Ratings Surperformance© - Stryker Corporation
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
29
Last Close Price
277.33USD
Average target price
364.23USD
Spread / Average Target
+31.33%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Stryker Corporation
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