Baxter International Inc.

Baxter International Inc.

BAXยทNYSE

$18.54

-1.3%
HealthcareMedical - Instruments & Supplies

Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company offers peritoneal dialysis and hemodialysis, and additional dialysis therapies and services; intravenous therapies, infusion pumps, administration sets, and drug reconstitution devices; remixed and oncology drug platforms, inhaled anesthesia and critical care products and pharmacy compounding services; parenteral nutrition therapies and related products; biological products and medical devices used in surgical procedures for hemostasis, tissue sealing and adhesion prevention; and continuous renal replacement therapies and other organ support therapies focused in the intensive care unit. It also provides connected care solutions, including devices, software, communications, and integration technologies; integrated patient monitoring and diagnostic technologies to help diagnose, treat, and manage a various illness and diseases, including respiratory therapy, cardiology, vision screening, and physical assessment; surgical video technologies, tables, lights, pendants, precision positioning devices and other accessories. In addition, the company offers contracted services to various pharmaceutical and biopharmaceutical companies. Its products are used in hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors' offices, and patients at home under physician supervision. The company sells its products through direct sales force, as well as through independent distributors, drug wholesalers, and specialty pharmacy or other alternate site providers in approximately 100 countries. It has an agreement with Celerity Pharmaceutical, LLC to develop acute care generic injectable premix and oncolytic molecules. Baxter International Inc. was incorporated in 1931 and is headquartered in Deerfield, Illinois.

At a Glance

Live Snapshot
Market Cap$9.58B
EPS-1.7500
P/E Ratio-10.59
Earnings Date07/30/2026
Baxter International Inc.

Baxter International Inc. Fair Value Envelope

BAX ยท NYSE

Our analysis suggests that BAX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $18.54, this represents a potential HIDDEN relative to our calculated worth for Baxter International Inc..

Intrinsic Value
Current Price: $18.54

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$874.7M
+ Cash & Equivalents$2.0B
Firm Value$2.8B
- Debt$10.0B
Equity Value-$7.2B
/ Shares Outstanding513,996,426B
DCF Value-$14
OVERVALUED BY 175%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$488.3M
$282.1M
$163.0M
$94.2M
$54.4M
$31.4M
$18.2M
$10.5M
$6.1M
$3.5M
Maintenance CapEx
-$60.3M
-$34.9M
-$20.1M
-$11.6M
-$6.7M
-$3.9M
-$2.2M
-$1.3M
-$749.6K
-$433.1K
Owner Earnings
$427.9M
$247.3M
$142.9M
$82.6M
$47.7M
$27.6M
$15.9M
$9.2M
$5.3M
$3.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$396.2M
$212.0M
$113.4M
$60.7M
$32.5M
$17.4M
$9.3M
$5.0M
$2.7M
$1.4M
Terminal Value represents 2.8% of Enterprise Value