BOSTON SCIENTIFIC CORP (1BSX.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:1BSX • US1011371077

77.6 EUR
-0.6 (-0.77%)
Last: Jan 29, 2026, 07:00 PM
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to 1BSX. 1BSX was compared to 63 industry peers in the Health Care Equipment & Supplies industry. 1BSX scores excellent on profitability, but there are some minor concerns on its financial health. 1BSX is valued quite expensive, but it does show an excellent growth. These ratings could make 1BSX a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year 1BSX was profitable.
  • In the past year 1BSX had a positive cash flow from operations.
  • Of the past 5 years 1BSX 4 years were profitable.
  • 1BSX had a positive operating cash flow in each of the past 5 years.
1BSX.MI Yearly Net Income VS EBIT VS OCF VS FCF1BSX.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

1.2 Ratios

  • The Return On Assets of 1BSX (6.54%) is better than 73.02% of its industry peers.
  • 1BSX has a better Return On Equity (11.93%) than 71.43% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 8.09%, 1BSX is in the better half of the industry, outperforming 68.25% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for 1BSX is below the industry average of 9.95%.
  • The 3 year average ROIC (6.59%) for 1BSX is below the current ROIC(8.09%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 6.54%
ROE 11.93%
ROIC 8.09%
ROA(3y)3.72%
ROA(5y)2.77%
ROE(3y)6.77%
ROE(5y)5.1%
ROIC(3y)6.59%
ROIC(5y)5.7%
1BSX.MI Yearly ROA, ROE, ROIC1BSX.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

  • 1BSX's Profit Margin of 14.42% is amongst the best of the industry. 1BSX outperforms 82.54% of its industry peers.
  • In the last couple of years the Profit Margin of 1BSX has declined.
  • The Operating Margin of 1BSX (19.40%) is better than 80.95% of its industry peers.
  • In the last couple of years the Operating Margin of 1BSX has remained more or less at the same level.
  • The Gross Margin of 1BSX (68.57%) is better than 76.19% of its industry peers.
  • 1BSX's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 19.4%
PM (TTM) 14.42%
GM 68.57%
OM growth 3Y0.91%
OM growth 5Y1.48%
PM growth 3Y10.12%
PM growth 5Y-24.05%
GM growth 3Y-0.15%
GM growth 5Y-0.56%
1BSX.MI Yearly Profit, Operating, Gross Margins1BSX.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1BSX is destroying value.
  • The number of shares outstanding for 1BSX has been increased compared to 1 year ago.
  • Compared to 5 years ago, 1BSX has more shares outstanding
  • 1BSX has a worse debt/assets ratio than last year.
1BSX.MI Yearly Shares Outstanding1BSX.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B
1BSX.MI Yearly Total Debt VS Total Assets1BSX.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

  • 1BSX has an Altman-Z score of 5.26. This indicates that 1BSX is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 5.26, 1BSX belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
  • 1BSX has a debt to FCF ratio of 3.03. This is a good value and a sign of high solvency as 1BSX would need 3.03 years to pay back of all of its debts.
  • 1BSX's Debt to FCF ratio of 3.03 is fine compared to the rest of the industry. 1BSX outperforms 71.43% of its industry peers.
  • A Debt/Equity ratio of 0.48 indicates that 1BSX is not too dependend on debt financing.
  • 1BSX has a Debt to Equity ratio (0.48) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF 3.03
Altman-Z 5.26
ROIC/WACC0.82
WACC9.81%
1BSX.MI Yearly LT Debt VS Equity VS FCF1BSX.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B

2.3 Liquidity

  • A Current Ratio of 1.51 indicates that 1BSX should not have too much problems paying its short term obligations.
  • 1BSX's Current ratio of 1.51 is in line compared to the rest of the industry. 1BSX outperforms 46.03% of its industry peers.
  • 1BSX has a Quick Ratio of 1.51. This is a bad value and indicates that 1BSX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • 1BSX has a Quick ratio (0.96) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.51
Quick Ratio 0.96
1BSX.MI Yearly Current Assets VS Current Liabilites1BSX.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

8

3. Growth

3.1 Past

  • 1BSX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.00%, which is quite impressive.
  • Measured over the past years, 1BSX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.56% on average per year.
  • Looking at the last year, 1BSX shows a very strong growth in Revenue. The Revenue has grown by 21.62%.
  • Measured over the past years, 1BSX shows a quite strong growth in Revenue. The Revenue has been growing by 9.30% on average per year.
EPS 1Y (TTM)25%
EPS 3Y15.48%
EPS 5Y9.56%
EPS Q2Q%19.05%
Revenue 1Y (TTM)21.62%
Revenue growth 3Y12.1%
Revenue growth 5Y9.3%
Sales Q2Q%20.34%

3.2 Future

  • 1BSX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.06% yearly.
  • The Revenue is expected to grow by 12.60% on average over the next years. This is quite good.
EPS Next Y22.12%
EPS Next 2Y18.13%
EPS Next 3Y16.37%
EPS Next 5Y15.06%
Revenue Next Year20.92%
Revenue Next 2Y16.08%
Revenue Next 3Y14.31%
Revenue Next 5Y12.6%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
1BSX.MI Yearly Revenue VS Estimates1BSX.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10B 20B 30B
1BSX.MI Yearly EPS VS Estimates1BSX.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1 2 3 4 5

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 31.54, which means the current valuation is very expensive for 1BSX.
  • The rest of the industry has a similar Price/Earnings ratio as 1BSX.
  • The average S&P500 Price/Earnings ratio is at 28.39. 1BSX is around the same levels.
  • With a Price/Forward Earnings ratio of 26.52, 1BSX can be considered very expensive at the moment.
  • 1BSX's Price/Forward Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.72, 1BSX is valued at the same level.
Industry RankSector Rank
PE 31.54
Fwd PE 26.52
1BSX.MI Price Earnings VS Forward Price Earnings1BSX.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, 1BSX is valued a bit more expensive than 63.49% of the companies in the same industry.
  • 1BSX's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 36.01
EV/EBITDA 28.99
1BSX.MI Per share data1BSX.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of 1BSX may justify a higher PE ratio.
  • A more expensive valuation may be justified as 1BSX's earnings are expected to grow with 16.37% in the coming years.
PEG (NY)1.43
PEG (5Y)3.3
EPS Next 2Y18.13%
EPS Next 3Y16.37%

0

5. Dividend

5.1 Amount

  • No dividends for 1BSX!.
Industry RankSector Rank
Dividend Yield 0%

BOSTON SCIENTIFIC CORP / 1BSX.MI FAQ

What is the ChartMill fundamental rating of BOSTON SCIENTIFIC CORP (1BSX.MI) stock?

ChartMill assigns a fundamental rating of 6 / 10 to 1BSX.MI.


What is the valuation status for 1BSX stock?

ChartMill assigns a valuation rating of 3 / 10 to BOSTON SCIENTIFIC CORP (1BSX.MI). This can be considered as Overvalued.


What is the profitability of 1BSX stock?

BOSTON SCIENTIFIC CORP (1BSX.MI) has a profitability rating of 7 / 10.


What are the PE and PB ratios of BOSTON SCIENTIFIC CORP (1BSX.MI) stock?

The Price/Earnings (PE) ratio for BOSTON SCIENTIFIC CORP (1BSX.MI) is 31.54 and the Price/Book (PB) ratio is 5.89.


What is the expected EPS growth for BOSTON SCIENTIFIC CORP (1BSX.MI) stock?

The Earnings per Share (EPS) of BOSTON SCIENTIFIC CORP (1BSX.MI) is expected to grow by 22.12% in the next year.