Valuation Waters Corporation

Stocks

Market Closed - NYSE 16:00:02 2026-09-04 EDT			5-day change	1st Jan Change
409.38 ^USD	-1.01%		-1.28%	+7.78%

09-03	Baird Adjusts Price Target on Waters to $456 From $434, Keeps Outperform Rating	MT
09-01	HSBC Adjusts Price Target on Waters to $455 From $450, Maintains Buy Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	22,742	20,352	19,466	22,027	22,613	40,221	-	-
Change	-	-10.51%	-4.35%	13.16%	2.66%	77.87%	-	-
Enterprise Value (EV) ¹	23,687	21,445	21,426	23,329	23,433	44,250	42,778	41,471
Change	-	-9.46%	-0.09%	8.88%	0.45%	88.84%	-3.33%	-3.05%
P/E	33.4x	29.2x	30.4x	34.6x	35.3x	71.7x	35.4x	35.4x
PBR	61.6x	41x	17x	12.1x	8.86x	2.43x	2.3x	2.08x
PEG	-	5.82x	-4.01x	-28.85x	75.61x	-1.5x	0x	171.59x
Capitalization / Revenue	8.16x	6.85x	6.58x	7.45x	7.14x	6.22x	5.64x	5.31x
EV / Revenue	8.5x	7.22x	7.25x	7.89x	7.4x	6.84x	6x	5.48x
EV / EBITDA	24.5x	20.9x	19.9x	21.1x	20x	20.8x	17.9x	16x
EV / EBIT	28.2x	23.9x	23.5x	25.5x	24.3x	24.3x	20.5x	18.2x
EV / FCF	40.4x	49.2x	48.5x	37.6x	43.4x	60.5x	27x	22.7x
FCF Yield	2.47%	2.03%	2.06%	2.66%	2.3%	1.65%	3.7%	4.4%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	11.17	11.73	10.84	10.71	10.76	5.712	11.56	11.58
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	2,786	2,972	2,956	2,958	3,165	6,468	7,134	7,571
EBITDA ¹	965.9	1,029	1,079	1,108	1,171	2,124	2,384	2,595
EBIT ¹	841.4	898.1	912.9	916.3	964.4	1,818	2,086	2,275
Net income ¹	692.8	707.8	642.2	637.8	642.6	579.2	1,183	1,086
Net Debt ¹	944.6	1,093	1,960	1,301	819.6	4,029	2,557	1,250
Reference price ²	372.60	342.58	329.23	370.98	379.83	409.38	409.38	409.38
Nbr of stocks (in thousands)	61,036	59,408	59,127	59,376	59,535	98,248	-	-
Announcement Date	2/1/22	2/15/23	2/6/24	2/12/25	2/9/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
WATERS CORPORATION	71.67x	6.84x	20.83x	-.--%	40.22B
THERMO FISHER SCIENTIFIC, INC.	30.5x	5.4x	20.72x	0.3%	227B
DANAHER CORPORATION	35.03x	6.31x	20.02x	0.69%	146B
INTUITIVE SURGICAL, INC.	40.22x	10.44x	23.09x	-.--%	130B
BOSTON SCIENTIFIC CORPORATION	17.84x	3.65x	11.85x	-.--%	69.27B
EDWARDS LIFESCIENCES CORPORATION	35.52x	7.13x	22.55x	-.--%	51.82B
SIEMENS HEALTHINEERS AG	19.37x	2.33x	11.69x	2.63%	50.45B
AGILENT TECHNOLOGIES, INC.	29.39x	5.8x	19.69x	0.68%	42.53B
ILLUMINA, INC.	44.12x	7.18x	25.33x	-.--%	32.95B
RESMED, INC.	19.57x	5.5x	14.21x	1.16%	32.94B
Average	34.32x	6.06x	19.00x	0.55%	82.27B
Weighted average by Cap.	33.47x	6.30x	19.66x	0.45%