Zimmer Biomet Financials
ZIM Stock | EUR 101.45 0.10 0.1% |
Zimmer |
Understanding current and past Zimmer Biomet Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zimmer Biomet's financial statements are interrelated, with each one affecting the others. For example, an increase in Zimmer Biomet's assets may result in an increase in income on the income statement.
Zimmer Biomet Stock Summary
Zimmer Biomet competes with Abbott Laboratories, Abbott Laboratories, Medtronic PLC, Stryker, and Boston Scientific. Zimmer Biomet Holdings, Inc., together with its subsidiaries, designs, manufactures, and markets musculoskeletal healthcare products and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Zimmer Biomet Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana. ZIMMER BIOMET operates under Medical Devices classification in Germany and is traded on Frankfurt Stock Exchange. It employs 19000 people.Foreign Associate | USA |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US98956P1021 |
Business Address | 345 East Main |
Sector | Healthcare |
Industry | Medical Devices |
Benchmark | Dow Jones Industrial |
Website | www.zimmerbiomet.com |
Phone | 574 267 6131 |
Currency | EUR - Euro |
You should never invest in Zimmer Biomet without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Zimmer Stock, because this is throwing your money away. Analyzing the key information contained in Zimmer Biomet's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Zimmer Biomet Key Financial Ratios
There are many critical financial ratios that Zimmer Biomet's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Zimmer Biomet Holdings reports annually and quarterly.Return On Equity | 0.0236 | |||
Return On Asset | 0.0371 | |||
Target Price | 188.04 | |||
Beta | 1.02 | |||
Z Score | 2.4 |
Zimmer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zimmer Biomet's current stock value. Our valuation model uses many indicators to compare Zimmer Biomet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zimmer Biomet competition to find correlations between indicators driving Zimmer Biomet's intrinsic value. More Info.Zimmer Biomet Holdings is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 1.57 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zimmer Biomet's earnings, one of the primary drivers of an investment's value.Zimmer Biomet Holdings Systematic Risk
Zimmer Biomet's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zimmer Biomet volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Zimmer Biomet Holdings correlated with the market. If Beta is less than 0 Zimmer Biomet generally moves in the opposite direction as compared to the market. If Zimmer Biomet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zimmer Biomet Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zimmer Biomet is generally in the same direction as the market. If Beta > 1 Zimmer Biomet moves generally in the same direction as, but more than the movement of the benchmark.
Zimmer Biomet December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Zimmer Biomet help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zimmer Biomet Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zimmer Biomet Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Zimmer Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zimmer Biomet's daily price indicators and compare them against related drivers.
Downside Deviation | 1.13 | |||
Information Ratio | 0.0609 | |||
Maximum Drawdown | 7.56 | |||
Value At Risk | (1.95) | |||
Potential Upside | 2.32 |
Complementary Tools for Zimmer Stock analysis
When running Zimmer Biomet's price analysis, check to measure Zimmer Biomet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zimmer Biomet is operating at the current time. Most of Zimmer Biomet's value examination focuses on studying past and present price action to predict the probability of Zimmer Biomet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zimmer Biomet's price. Additionally, you may evaluate how the addition of Zimmer Biomet to your portfolios can decrease your overall portfolio volatility.
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