Zoetis Inc.

Zoetis Inc.

ZTSยทNYSE

$77.59

+0.039%
HealthcareDrug Manufacturers - General

Zoetis Inc. discovers, develops, manufactures, and commercializes animal health medicines, vaccines, and diagnostic products in the United States and internationally. It commercializes products primarily across species, including livestock, such as cattle, swine, poultry, fish, and sheep; and companion animals comprising dogs, cats, and horses. The company also offers vaccines, which are biological preparations to prevent diseases of the respiratory, gastrointestinal, and reproductive tracts or induce a specific immune response; anti-infectives that prevent, kill, or slow the growth of bacteria, fungi, or protozoa; and parasiticides that prevent or eliminate external and internal parasites, which include fleas, ticks, and worms. It also provides other pharmaceutical products that comprise pain and sedation, antiemetic, reproductive, and oncology products; dermatology products for itch associated with allergic conditions and atopic dermatitis; and medicated feed additives, which offer medicines to livestock. In addition, the company provides portable blood and urine analysis testing, including point-of-care diagnostic products, instruments and reagents, rapid immunoassay tests, reference laboratory kits and services, and blood glucose monitors; and other non-pharmaceutical products, including nutritionals and agribusiness services, as well as products and services in areas, such as biodevices, genetics tests, and precision animal health. It markets its products to veterinarians, livestock producers, and retail outlets, as well as third-party veterinary distributors through its sales representatives, and technical and veterinary operations specialists. The company was founded in 1952 and is headquartered in Parsippany, New Jersey.

At a Glance

Live Snapshot
Market Cap$32.53B
EPS6.0300
P/E Ratio12.87
Earnings Date08/04/2026
Zoetis Inc.

Zoetis Inc. Fair Value Envelope

ZTS ยท NYSE

Our analysis suggests that ZTS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $77.59, this represents a potential HIDDEN relative to our calculated worth for Zoetis Inc..

Intrinsic Value
Current Price: $77.59

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$38.6B
+ Cash & Equivalents$2.3B
Firm Value$40.9B
- Debt$9.5B
Equity Value$31.4B
/ Shares Outstanding440,693,214B
DCF Value$71
OVERVALUED BY 8%

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
$2.9B
$2.9B
$2.8B
$2.8B
$2.8B
$2.8B
$2.8B
$2.8B
$2.7B
$2.7B
Maintenance CapEx
-$123.4M
-$122.6M
-$121.8M
-$121.0M
-$120.2M
-$119.4M
-$118.6M
-$117.9M
-$117.1M
-$116.3M
Owner Earnings
$2.8B
$2.7B
$2.7B
$2.7B
$2.7B
$2.7B
$2.7B
$2.6B
$2.6B
$2.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$2.6B
$2.4B
$2.2B
$2.0B
$1.8B
$1.7B
$1.5B
$1.4B
$1.3B
$1.2B
Terminal Value represents 53.2% of Enterprise Value