Fact based stock research
Getinge (OM:GETI B)

SE0000202624

NEW!
Now you can read our analysis of the dynamics behind our ranks. What does it mean if the Value Rank is low but Growth is high? What if only one of the Sentiment metrics is pulling the rank in a certain direction? While ChatGPT may be all the rage, we developed this analysis without using any artificial intelligence, just our own experience built up over the 20+ years we’ve been measuring corporate performance.

How to read the ranks

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

Getinge stock research in summary

getinge.com

ANALYSIS: With an Obermatt Combined Rank of 84 (better than 84% compared with investment alternatives), Getinge (Health Care Equipment, Sweden) shares have much better financial characteristics than comparable stocks. Shares of Getinge are a good value (attractively priced) with a consolidated Value Rank of 93 (better than 93% of alternatives), are safely financed (Safety Rank of 84, which means low debt burdens), but show below-average growth (Growth Rank of 9). ...read more

RECOMMENDATION: A Combined Rank of 84, is a strong buy recommendation based on Getinge's financial characteristics. As the company Getinge's key financial metrics exhibit good value (Obermatt Value Rank of 93) but low growth (Obermatt Growth Rank of 9) while being safely financed (Obermatt Safety Rank of 84), it may be a safer investment because companies with low debt can better withstand times of crises. Yet the good value, better than 93% of comparable companies, may also indicate that the company's future is challenging. If you believe that low growth is temporary or just due to a specific current event, you may conclude that the good value of the stock provides an attractive investment opportunity and the downside is limited due to below-average financing risks. Obermatt Premium subscribers can further check the stock’s Sentiment Ranks, which also flow into the Obermatt 360° View for investors. ...read more

Latest Obermatt Ranks


360° View^new
Sentiment Rank^new
Value Rank	93
Growth Rank	9
Safety Rank	84
Combined Rank	84

Country	Sweden
Industry	Health Care Equipment
Index	OMX 30
Size class	Large

This stock has achievements: Top 10 Stock, Employee Focus EU, Human Rights, Renewables Users.

7-Sep-2023. Stock data may be delayed. Log in or sign up to get the most recent research.

Further information

Multiple opinions. One number.

Analysts rarely agree on a stock’s future. So, who do you believe? Obermatt translates those collective views into a single Sentiment Rank. That plus the financial ranks give you the ultimate 360° View. Sign up to access them.

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Review the performance ranks of the individual metrics that form each investment strategy.

Research History: Getinge

RESEARCH HISTORY	2020	2021	2022	2023
VALUE
VALUE	83	88	81	93
GROWTH
GROWTH	43	43	65	9
SAFETY
SAFETY	44	88	55	84
SENTIMENT
SENTIMENT	n/a	n/a	27	^new
360° VIEW
360° VIEW	n/a	n/a	67	^new

Most recent update of the stock research: 7-Sep-2023. Financial reporting date used for calculating ranks: 30-Jun-2023. Stock research history is based on the Obermatt Method. The higher the rank, the better Getinge is in the corresponding investment strategy.
Upgrade to a Premium Account to access the latest ranks.

Combined financial peformance in Detail

RESEARCH HISTORY	2020	2021	2022	2023
VALUE
VALUE	83	88	81	93
GROWTH
GROWTH	43	43	65	9
SAFETY
SAFETY	44	88	55	84
COMBINED
COMBINED	76	86	92	84

Last update of combined financial performance: 7-Sep-2023. Stock analysis on combined financial performance: The higher the rank of Getinge the better the performance.

Value Metrics in Detail

ANALYSIS: With an Obermatt Value Rank of 93 (better than 93% compared with alternatives) for 2023, Getinge shares are significantly less expensive than comparable stocks. The Value Rank is based on consolidating four value indicators that are all above average for Getinge. Price-to-Sales is 72 which means that the stock price compared with what market professionals expect for future sales is lower than for 72% of comparable companies, indicating a good value for Getinge's revenue size. The same is valid for expected Price-to-Profits, more favorable than for 75% of alternatives, and this is also true for the Price-to-Book capital ratio (also referred to as market-to-book ratio) with a Price-to-Capital Rank of 85. Compared with other companies in the same industry, dividend yields of Getinge are expected to be higher than for 68% of all competitors (a Dividend Yield rank of 68). ...read more

RECOMMENDATION: The overall picture with a consolidated Value Rank of 93, is a buy recommendation based on Getinge's stock price compared with the company's operational size and dividend yields. Since all value metrics are above the industry average, there is no objection to investing in Getinge based on its detailed value metrics. We recommend further analyzing the stock with Obermatt’s Value, Safety, and Sentiment Ranks, including the 360° View, before making an investment decision. ...read more

VALUE METRICS	2020	2021	2022	2023
PRICE VS. REVENUES (P/S)
PRICE VS. REVENUES (P/S)	76	65	68	72
PRICE VS. PROFITS (P/E)
PRICE VS. PROFITS (P/E)	66	84	67	75
PRICE VS. CAPITAL (Market-to-Book)
PRICE VS. CAPITAL (Market-to-Book)	74	47	61	85
DIVIDEND YIELD
DIVIDEND YIELD	72	76	66	68
CONSOLIDATED RANK: VALUE
CONSOLIDATED RANK: VALUE	83	88	81	93

Last update of Value Rank: 7-Sep-2023. Stock analysis on value ratios: The higher the rank, the lower the value ratio of Getinge; except for dividend yield where the rank is higher, the higher the yield.

Growth Metrics in Detail

ANALYSIS: With an Obermatt Growth Rank of 9 (better than 9% compared with alternatives), Getinge shows one of the most restricted growth dynamics in its industry. There is little momentum in this company. The Growth Rank is based on consolidating four value indicators, with all four metrics below average for Getinge. Sales Growth has a rank of 14, which means that currently professionals expect the company to grow less than 86% of its competitors. The same is valid for Profit Growth, with a rank of 23, and Capital Growth with 38. In addition, Stock Returns have a below market rank of 37, which means that the stock returns have recently been below 63% of alternative investments. ...read more

RECOMMENDATION: The overall picture with a consolidated Growth Rank of 9, is a sell recommendation for growth and momentum investors. These are all bad growth momentum indicators. These are negative signals for investors interested in growth companies. Value is likely good for this company, as investors may have left this stock in the cold. If that is the case, investors should look at the company's outlook, especially Sentiment performance, because it may be a turnaround situation that could entail above-average stock returns in the future. But it remains a risky bet, as no growth signals are in the green zone yet. While momentum is a popular investment factor, the value aspect might be the more important one, in the longer term. We recommend analyzing the stock with Obermatt’s Value, Safety, and Sentiment Ranks to arrive at a 360° View of the stock purchase case, especially since the growth performance is low here. ...read more

GROWTH METRICS	2020	2021	2022	2023
REVENUE GROWTH
REVENUE GROWTH	36	13	42	14
PROFIT GROWTH
PROFIT GROWTH	1	1	6	23
CAPITAL GROWTH
CAPITAL GROWTH	n/a	n/a	72	38
STOCK RETURNS
STOCK RETURNS	44	82	93	37
CONSOLIDATED RANK: GROWTH
CONSOLIDATED RANK: GROWTH	43	43	65	9

Last update of Growth Rank: 7-Sep-2023. Stock analysis on growth metrics: The higher the rank, the higher the growth and returns of Getinge.

Safety Metrics in Detail

ANALYSIS: With an Obermatt Safety Rank of 84 (better than 84% compared with alternatives) for 2023, the company Getinge has safe financing practices, which means that their overall debt burden is low. This doesn't mean that the business of Getinge is safe, it only means that the company is on the safer side regarding possible bankruptcy, assuming that public reporting is correct. The Safety Rank is based on consolidating three financing indicators, where all three are above average for Getinge. Leverage is at 74, meaning the company has a below-average debt-to-equity ratio. It has less debt than 74% of its competitors. Refinancing is at a rank of 67, meaning that the portion of the debt about to be refinanced is below average. It has less debt in the refinancing stage than 67% of its competitors. Finally, Liquidity is also good at a rank of 63, which means that the company generates more profit to service its debt than 63% of its competitors. ...read more

RECOMMENDATION: With a consolidated Safety Rank of 84 (better than 84% compared with alternatives), Getinge has a financing structure that is significantly safer than that of its competitors. These three positive financing indicators signal that the company is less likely to default on its debt obligations. However, it also means that its shareholder returns will be more modest if things go well. A low safety means fewer troubles in downtimes and less upside in good times. Investors may not have a debt issue with Getinge but they should also compare Obermatt’s Value, Growth, and Sentiment Ranks before making a decision. ...read more

SAFETY METRICS	2020	2021	2022	2023
LEVERAGE
LEVERAGE	24	55	48	74
REFINANCING
REFINANCING	86	67	49	67
LIQUIDITY
LIQUIDITY	62	83	61	63
CONSOLIDATED RANK: SAFETY
CONSOLIDATED RANK: SAFETY	44	88	55	84

Last update of Safety Rank: 7-Sep-2023. Stock analysis on safety metrics: The higher the rank, the lower the leverage of Getinge and the more cash is available to service its debt.

Sentiment Metrics in Detail

SENTIMENT	2020	2021	2022	2023
ANALYST OPINIONS
ANALYST OPINIONS	n/a	n/a	79	^new
OPINIONS CHANGE
OPINIONS CHANGE	n/a	n/a	4	^new
PRO HOLDINGS
PRO HOLDINGS	n/a	n/a	74	^new
MARKET PULSE
MARKET PULSE	n/a	n/a	18	^new
CONSOLIDATED RANK: SENTIMENT
CONSOLIDATED RANK: SENTIMENT	n/a	n/a	27	^new

Last update of Sentiment Rank: 7-Sep-2023. Stock analysis on sentiment metrics: The higher the rank, the more positive the sentiment for Getinge.
Upgrade to a Premium Account to access the latest ranks.