Stryker Corporation

Stryker Corporation

SYKยทNYSE

$295.00

-1.5%
HealthcareMedical - Devices

Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.

At a Glance

Live Snapshot
Market Cap$113.09B
EPS8.4900
P/E Ratio34.75
Earnings Date07/30/2026
Stryker Corporation

Stryker Corporation Fair Value Envelope

SYK ยท NYSE

Our analysis suggests that SYK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $295, this represents a potential HIDDEN relative to our calculated worth for Stryker Corporation.

Intrinsic Value
Current Price: $295

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$407.2B
+ Cash & Equivalents$4.0B
Firm Value$411.2B
- Debt$14.9B
Equity Value$396.4B
/ Shares Outstanding382,406,779B
DCF Value$1.0K
UNDERVALUED BY 251%

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
$6.2B
$7.6B
$9.3B
$11.5B
$14.1B
$17.3B
$21.3B
$26.1B
$32.1B
$39.4B
Maintenance CapEx
-$186.9M
-$229.6M
-$282.0M
-$346.4M
-$425.5M
-$522.6M
-$641.9M
-$788.5M
-$968.5M
-$1.2B
Owner Earnings
$6.0B
$7.4B
$9.1B
$11.1B
$13.7B
$16.8B
$20.6B
$25.3B
$31.1B
$38.2B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$5.6B
$6.3B
$7.2B
$8.2B
$9.3B
$10.6B
$12.0B
$13.7B
$15.6B
$17.7B
Terminal Value represents 73.9% of Enterprise Value