Orthopedics - Comparable Company Analysis



Company Name Market Cap TEV TEV/LTM Total Rev TEV/LTM EBITDA TEV/LTM EBIT P/Diluted EPS Before Extra P/TangBV
Arseus NV 246 297 1.x 8.6x 11.x 12.9x 9.4x
CONMED Corp. 888 1,099 1.5x 9.4x 12.9x 20.7x 19.2x
Hanger Orthopedic Group Inc. 351 789 1.2x 9.2x 11.3x 22.8x -
Johnson & Johnson 192,990 193,262 3.x 10.2x 11.9x 16.6x 11.9x
Kyocera Corp. 1,769,502 1,258,424 1.x 5.3x 8.3x 16.5x 1.3x
MAKO Surgical Corp. 137 91 77.5x - - - 2.8x
NuVasive, Inc. 1,979 1,946 11.3x - - - 12.6x
Orthofix International NV 420 697 1.4x 7.9x 11.9x 50.6x -
Sandvik AB 94,013 126,621 1.4x 7.6x 9.4x 11.2x 5.5x
Smith & Nephew plc 4,957 6,411 1.8x 6.9x 9.3x 16.5x 70.5x
Stryker Corp. 26,334 23,772 3.7x 12.9x 16.3x 24.3x 5.x
Synthes Inc. 16,535 16,002 5.8x 14.1x 17.7x 27.x 13.9x
United Orthopedic Corp. 1,039 1,007 1.5x - - - 1.5x
Wright Medical Group Inc. 1,175 1,141 2.8x 20.7x 42.3x - 3.2x
Zimmer Holdings Inc. 15,665 15,609 3.8x 9.9x 11.8x 20.4x 7.5x
    High 77.5x 20.7x 42.3x 50.6x 70.5x
     Low 1.x 5.3x 8.3x 11.2x 1.3x
     Mean 7.9x 10.2x 14.5x 21.8x 12.6x
     Median 1.8x 9.3x 11.8x 20.4x 7.5x