STE:NYE-STERIS plc (USD)

COMMON STOCK | Medical Devices |

Last Closing

USD 238.38

Change

-3.30 (-1.37)%

Market Cap

USD 24.14B

Volume

0.50M

Analyst Target

USD 175.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

STERIS plc provides infection prevention products and services worldwide. It operates through three segments: Healthcare, Applied Sterilization Technologies (AST), and Life Sciences. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in surgical tables, lights, and connectivity solutions, as well as equipment management services. It also provides capital equipment installation, maintenance, upgradation, repair, and troubleshooting services; preventive maintenance programs and repair services; instrument, devices, and endoscope repair and maintenance services; and custom process improvement consulting and outsourced instrument sterile processing services. The AST segment provides contract sterilization and testing services for medical device and pharmaceutical manufacturers through a network of contract sterilization and laboratory facilities, as well as integrated sterilization equipment and control systems to medical device manufacturers and research institutions. The Life Sciences segment designs, manufactures, and sells consumable products, such as pharmaceutical detergents, cleanroom disinfectants and sterilants, pharmaceutical grade and research sterilizers and washers, sterility assurance and maintenance products, vaporized hydrogen peroxide room decontamination systems and sterilizers, and high purity water and pure steam generators. This segment also offers equipment installation, maintenance, upgradation, repair, and troubleshooting services; and preventive maintenance programs and repair services. It serves its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers. The company was founded in 1985 and is headquartered in Mentor, Ohio.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Medical Devices

Symbol Name Price(Change) Market Cap
ABT Abbott Laboratories

-3.25 (-2.75%)

USD 199.88B
MDT Medtronic PLC

-0.50 (-0.56%)

USD 115.58B
ZBH Zimmer Biomet Holdings Inc

+0.04 (+0.04%)

USD 21.64B
SNN Smith & Nephew SNATS Inc

-0.25 (-0.81%)

USD 13.74B
BIO Bio-Rad Laboratories Inc

+6.79 (+2.04%)

USD 9.45B
GMED Globus Medical

+0.25 (+0.36%)

USD 9.39B
BIO-B Bio-Rad Laboratories Inc

N/A

USD 9.26B
PEN Penumbra Inc

+8.52 (+4.55%)

USD 7.77B
GKOS Glaukos Corp

+0.73 (+0.60%)

USD 6.94B
INSP Inspire Medical Systems Inc

+1.69 (+0.82%)

USD 6.08B

ETFs Containing STE

EVX VanEck Environmental Serv.. 0.00 % 0.56 %

-2.24 (0%)

N/A
HIG:CA Global Healthcare Income .. 0.00 % 1.02 %

+0.02 (+0%)

CAD 0.05B
HIG-U:CA 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Medical Devices) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.43% 65% D 55% F
Dividend Return 0.73% 44% F 17% F
Total Return 9.16% 65% D 49% F
Trailing 12 Months  
Capital Gain 5.82% 50% F 35% F
Dividend Return 0.95% 33% F 12% F
Total Return 6.77% 50% F 28% F
Trailing 5 Years  
Capital Gain 62.54% 78% C+ 77% C+
Dividend Return 6.11% 50% F 19% F
Total Return 68.65% 81% B- 75% C
Average Annual (5 Year Horizon)  
Capital Gain 11.71% 67% D+ 72% C
Dividend Return 12.64% 70% C- 69% C-
Total Return 0.92% 38% F 20% F
Risk Return Profile  
Volatility (Standard Deviation) 18.91% 97% N/A 54% F
Risk Adjusted Return 66.83% 94% A 82% B
Market Capitalization 24.14B 93% A 92% A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.