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MDT Medtronic

healthcare · 2026-09-25

N/A
too hard · 63
Owner-earnings value$90.27
Price$88.51
Margin of safety +2.0%

Quality gate · 63/100

Returns on capital 1.1/30
Consistency 21.2/22
Margins / pricing power 16.0/16
Balance sheet 8.9/16
Cash conversion 10/10
Capital allocation 5.5/6

⚠ sub-hurdle returns (median roic 6% < 9%)

Median ROIC6.4%
Gross margin65.0%
Net debt / EBITDA2.5x
FCF conversion121%
Share count / yr-1.3%
Profitable years4/4

Moat & management

Owner-earnings inputs

Owner earnings (TTM)6.13B
Owner-earnings yield5.4%
Free-cash-flow yield5.4%
Growth used (normalized)5.2%
Market-implied growth (reverse DCF)4.7%
Terminal growth3.0%
Discount rate (hurdle)9.0%

Projected owner earnings

YrOwner earningsGrowthPV
16.45B 5.2%5.92B
26.77B 5.0%5.70B
37.09B 4.7%5.48B
47.41B 4.5%5.25B
57.72B 4.2%5.02B
68.03B 4.0%4.79B
78.33B 3.7%4.56B
88.62B 3.5%4.33B
98.90B 3.2%4.10B
109.17B 3.0%3.87B

Recent news

score · 8 articles

  • Could Medtronic (MDT)’s $700 Million Robotics Bet Unlock its Next Growth Engine?
  • Can This Number Push ISRG Stock Higher?
  • Dave Ramsey Says You Need More Than 6% Just to Break Even. Dividend Growth Is One Way to Get There.
  • Here's Why Medtronic (MDT) Fell More Than Broader Market
  • Medtronic (MDT): Q1 Beat Sparks Target Hikes, but Wall Street Splits on Re-Rating Case
  • Top 3 AI Healthcare Stocks With Revenue Growth Up To 24%
  • Jim Cramer Called Medtronic a "Quandary." Here's Why He's Exactly Right.
  • Why Is JNJ Stock Beating Rivals That Grow Faster?

⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~5%/yr owner-earnings growth over 10y (reverse DCF); model credits 5%.

History

DateQualityPriceValueMoSRating
2026-09-25 63 $88.51 $90.27 +2.0% N/A
2026-08-06 62 $85.99 $79.82 -7.2% N/A
2026-07-02 62 $79.20 $79.82 +0.8% N/A
2026-06-25 62 $80.13 $79.82 -0.4% N/A
2026-06-23 62 $80.63 $79.82 -1.0% N/A