Company Valuation: Masimo Corporation

Data adjusted to current consolidation scope
Fiscal Period: January 2020 2021 2022 2023 2024 2025
Market Cap 1 14,776 15,731 7,676 5,769 9,168 6,843
Change - 6.47% -51.2% -24.85% 58.92% -25.36%
Enterprise Value (EV) 1 14,169 15,018 8,502 6,576 9,836 7,250
Change - 6% -43.39% -22.66% 49.59% -26.29%
P/E 64.8x 71.6x 56.2x 72.3x -29.9x -45.5x
PBR 10.5x 10.2x 5.73x 4.22x 8.73x 9.2x
PEG - -18.53x -1.6x -1.7x 0x 0.9x
Capitalization / Revenue 12.9x 12.7x 3.77x 2.82x 4.38x 4.48x
EV / Revenue 12.4x 12.1x 4.18x 3.21x 4.7x 4.75x
EV / EBITDA 49.8x 48.2x 23.7x 29.1x 75.2x 21x
EV / EBIT 55.5x 54.4x 37.5x 44.8x 354x 23.7x
EV / FCF 237x 69x -367x 208x 63.9x 22.9x
FCF Yield 0.42% 1.45% -0.27% 0.48% 1.56% 4.36%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 4.14 3.98 2.6 1.51 -5.72 -2.797
Distribution rate - - - - - -
Net sales 1 1,144 1,239 2,036 2,048 2,094 1,527
EBITDA 1 284.6 311.4 358.3 225.7 130.8 345.3
EBIT 1 255.3 275.8 226.6 146.7 27.8 306.5
Net income 1 240.3 229.6 143.5 81.5 -304.9 -151.5
Net Debt 1 -607.1 -712.6 825.9 807 668.5 407
Reference price 2 268.38 284.87 146.03 109.17 171.23 127.40
Nbr of stocks (in thousands) 55,055 55,222 52,565 52,841 53,541 53,714
Announcement Date 23/2/21 16/2/22 1/3/23 28/2/24 25/2/25 27/2/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.42B
72.94x7.67x44.75x-.--% 12.67B
21.8x2.16x10.8x2.1% 7.03B
32.12x6.68x18.09x1.19% 6.32B
32.11x1.53x9.59x-.--% 5.64B
34.14x10.12x25.58x0.59% 5.14B
17.89x2.99x15.53x3.48% 3.89B
-14.25x2.71x-15.97x - 2.08B
-18.06x436.97x-77.76x-.--% 1.77B
20.78x2.44x8.81x2.07% 1.62B
Average 22.16x 52.59x 4.38x 1.18% 5.56B
Weighted average by Cap. 36.37x 21.91x 18.34x 0.96%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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