Healthineers is active in a number of areas, including:Īlmost 50% of the company's operating revenue comes from Imaging, which makes Healthineers primarily an imaging company, with 28% from Diagnostics, 14% from Varian, and the rest split between Advanced therapies and various reconciliations. This is impressive, because all of these metrics are better than most of their peers in Medtech, and being better than the average is the first thing I look for when I look at a company. The company manages a 9.4% net income on that €21.7B Revenue, managing to keep COGS to around 62.5%, with operating margins of over 12%, RoE of close to 11%, and RoIC of above 5.27%. This company has a global workforce of over 60,000 employees and generates over €20B in annual revenues, revenue that by the way is estimated to grow year-over-year to €25B by 2025 at a growth rate of about 5%, with EPS about the same pace (Source: S&P Global). The company was "Medical Solutions" back in 2001, then changed back to healthcare in '08, before being rebranded as Healthineers in -16. The various arms and spin-offs have different relationships with its former parent company Siemens, but Siemens has chosen to keep very tight reins on Healthineers - 75% of the outstanding shares are owned by the company. Healthineers is primarily a medical device company and the parent company for a large number of medical patents and technologies. My position in Healthineers meanwhile is very modest. I've recently sold many of my shares in Siemens over a €150/share native share price at a very nice profit. All of these were once part of the massive conglomerate Siemens ( OTCPK:SIEGY ), which I extensively cover on the site, and also own shares in.
The former name of what is now called Siemens Healthineers was once the sectors of Siemens Healthcare, Medical Solutions, and Medical systems. Siemens Healthineers - Long-term appeal in the Healthcare Equipment sector In this article, I will "deconstruct" the company for you, show you what it does, where it makes its money, and why it could be a suitable investment for your long-term goals. Siemens Healthineers has seen significant share price pressure over the past few years since 2021 and is currently trading firmly below its normalized premium. Today is the time to start looking into Siemens Healthineers ( OTCPK:SEMHF), and present to you my basic thesis on this company and where it is going.
0 kommentar(er)
