Valuation Waters Corporation

Stocks

Market Closed - NYSE 01:00:02 07/11/2026 +04			5-day change	1st Jan Change
457.60 ^USD	+1.00%		-1.11%	+20.47%

11-04	Waters' Strong Q3 Performance, Forward Guidance Support Rating Thesis, RBC Says	MT
11-04	RBC Raises Price Target on Waters to $525 From $475, Keeps Outperform Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	22,742	20,352	19,466	22,027	22,613	44,958	-	-
Change	-	-10.51%	-4.35%	13.16%	2.66%	98.82%	-	-
Enterprise Value (EV) ¹	23,687	21,445	21,426	23,329	23,433	48,866	47,759	46,229
Change	-	-9.46%	-0.09%	8.88%	0.45%	108.54%	-2.27%	-3.2%
P/E	33.4x	29.2x	30.4x	34.6x	35.3x	118x	51.2x	39x
PBR	61.6x	41x	17x	12.1x	8.86x	2.75x	2.59x	2.36x
PEG	-	5.82x	-4.01x	-28.85x	75.61x	-1.8x	0x	1.3x
Capitalization / Revenue	8.16x	6.85x	6.58x	7.45x	7.14x	6.93x	6.28x	5.89x
EV / Revenue	8.5x	7.22x	7.25x	7.89x	7.4x	7.53x	6.67x	6.06x
EV / EBITDA	24.5x	20.9x	19.9x	21.1x	20x	22.9x	19.8x	17.5x
EV / EBIT	28.2x	23.9x	23.5x	25.5x	24.3x	26.7x	22.8x	20x
EV / FCF	40.4x	49.2x	48.5x	37.6x	43.4x	52.5x	18.3x	14.5x
FCF Yield	2.47%	2.03%	2.06%	2.66%	2.3%	1.9%	5.46%	6.91%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	11.17	11.73	10.84	10.71	10.76	3.862	8.937	11.72
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	2,786	2,972	2,956	2,958	3,165	6,491	7,164	7,632
EBITDA ¹	965.9	1,029	1,079	1,108	1,171	2,136	2,412	2,640
EBIT ¹	841.4	898.1	912.9	916.3	964.4	1,832	2,098	2,306
Net income ¹	692.8	707.8	642.2	637.8	642.6	368.2	1,097	1,105
Net Debt ¹	944.6	1,093	1,960	1,301	819.6	3,908	2,800	1,271
Reference price ²	372.60	342.58	329.23	370.98	379.83	457.60	457.60	457.60
Nbr of stocks (in thousands)	61,036	59,408	59,127	59,376	59,535	98,248	-	-
Announcement Date	01/02/22	15/02/23	06/02/24	12/02/25	09/02/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
WATERS CORPORATION	190.77x	7.52x	22.93x	-.--%	44.96B
THERMO FISHER SCIENTIFIC, INC.	35.58x	6.07x	23.18x	0.27%	257B
DANAHER CORPORATION	36.61x	6.95x	21.77x	0.63%	162B
INTUITIVE SURGICAL, INC.	52.36x	12.66x	27.16x	-.--%	157B
BOSTON SCIENTIFIC CORPORATION	17.49x	3.46x	11.27x	-.--%	61.96B
EDWARDS LIFESCIENCES CORPORATION	43.5x	8.1x	25.58x	-.--%	58.73B
SIEMENS HEALTHINEERS AG	21.87x	2.59x	13.08x	2.31%	55.42B
AGILENT TECHNOLOGIES, INC.	34.05x	6.75x	22.91x	0.59%	49.27B
VEEVA SYSTEMS INC.	46.49x	11.41x	25.15x	-.--%	49.18B
GE HEALTHCARE TECHNOLOGIES INC.	16.75x	2x	11.04x	0.19%	37.25B
Average	49.55x	6.75x	20.41x	0.4%	93.31B
Weighted average by Cap.	44.28x	7.30x	21.96x	0.36%