Intuitive Surgical continues to benefit from the ongoing global adoption of robotic surgery, even in the procedures we didn't view as likely to convert. Our long-term positive view about the company's competitive positioning is unchanged even as new competitors have finally arrived on the scene, and with the release of the next-generation platform, Intuitive should maintain its dominance.
Intuitive is launching its next-generation platform in 2024, which should give significant momentum to system placements in the next few years.
We may be seeing the emergence of some competition, particularly for lower-cost procedures.
|
Metric
|
ISRG
|
MDT
|
SYK
|
|---|---|---|---|
Price/Earnings (Normalized) | 66.30 | 14.64 | 30.89 |
Price/Book Value | 10.02 | 2.03 | 6.69 |
Price/Sales | 18.99 | 3.26 | 6.13 |
Price/Cash Flow | 52.21 | 14.42 | 29.84 |
|
Metric
|
ISRG
|
MDT
|
SYK
|
|---|---|---|---|
Quick Ratio | 3.91 | 1.46 | 0.86 |
Current Ratio | 4.76 | 2.30 | 1.58 |
Interest Coverage | — | 8.86 | 11.32 |
|
Metric
|
ISRG
|
MDT
|
SYK
|
|---|---|---|---|
Return on Assets (Normalized) | 14.56% | 7.75% | 10.75% |
Return on Equity (Normalized) | 17.02% | 13.75% | 23.27% |
Return on Invested Capital (Normalized) | 15.43% | 9.87% | 14.37% |
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Ticker
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Name
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Morningstar Rating for Stocks
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Market Cap
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