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Waters Corp
NYSE:WAT

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Waters Corp
NYSE:WAT
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Price: 309.23 USD 5.85% Market Closed
Market Cap: $30.3B

EV/GP

16.4
Current
14%
Cheaper
vs 3-y average of 19

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
16.4
=
Enterprise Value
$30.2B
/
Gross Profit
$1.9B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
16.4
=
Enterprise Value
$30.2B
/
Gross Profit
$1.9B

Valuation Scenarios

Waters Corp is trading below its 3-year average

If EV/GP returns to its 3-Year Average (19), the stock would be worth $358.72 (16% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-60%
Maximum Upside
+21%
Average Downside
16%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 16.4 $309.23
0%
3-Year Average 19 $358.72
+16%
5-Year Average 19.8 $373.85
+21%
Industry Average 9.5 $180.33
-42%
Country Average 6.5 $122.96
-60%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
US
Waters Corp
NYSE:WAT
30.3B USD 16.4 47.2
US
PerkinElmer Inc
LSE:0KHE
936.1B USD 599.5 3 881
US
Thermo Fisher Scientific Inc
NYSE:TMO
178B USD 11.6 26
US
Danaher Corp
NYSE:DHR
126.6B USD 9.5 34.3
KR
Samsung Biologics Co Ltd
KRX:207940
82.3T KRW 32.4 46.1
CN
WuXi AppTec Co Ltd
SSE:603259
331.7B CNY 13.5 17.1
CH
Lonza Group AG
SIX:LONN
32.5B CHF 10.1 -119.8
US
Agilent Technologies Inc
NYSE:A
32.7B USD 9.2 25.3
US
IQVIA Holdings Inc
NYSE:IQV
26.9B USD 7.1 19.8
US
Mettler-Toledo International Inc
NYSE:MTD
26B USD 11.7 29.9
US
West Pharmaceutical Services Inc
NYSE:WST
21.1B USD 17.8 38.9

Market Distribution

Higher than 84% of companies in the United States of America
Percentile
84rd
Based on 9 428 companies
84rd percentile
16.4
Low
0 — 4.2
Typical Range
4.2 — 10.6
High
10.6 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 4.2
Median 6.5
70th Percentile 10.6
Max 1 764 211.7

Waters Corp
Glance View

In the bustling world of life sciences, Waters Corp. stands as a pivotal player, charting its course at the intersection of science and technology. Founded in 1958, the company has carved out a niche in the development and provision of analytical instruments and software solutions. The backbone of its operations is liquid chromatography, mass spectrometry, and thermal analysis technologies. These tools are indispensable to laboratories in various sectors, including pharmaceuticals, biotechnology, food, and environmental testing. By providing cutting-edge technology to these industries, Waters Corp. ensures precise and accurate data, fundamental for research, quality control, and regulatory compliance. Each instrument is designed to address specific analytical challenges—be it the quantification of drug compounds or the detection of contaminants—thereby empowering scientists to achieve breakthroughs and maintain rigorous standards. The financial engine driving Waters Corp. revolves around the continual demand for its high-value instruments and the recurring revenue spurred by its after-market services and consumables. Beyond the sale of its sophisticated tools, the company nurtures long-term relationships with its clients through its service offerings, which include maintenance, training, and consultation. Furthermore, consumables associated with their instruments ensure a steady stream of income; these are indispensable for daily laboratory operations. By leveraging its reputation for reliability and innovation, Waters Corp. not only fosters customer loyalty but also sustains a profitable business model, adeptly navigating the evolving landscapes of science and technology.

WAT Intrinsic Value
279.11 USD
Overvaluation 10%
Intrinsic Value
Price $309.23
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