Abbott Laboratories vs Koninklijke Philips NV ADR

Abbott Laboratories (ABT) is overvalued and Koninklijke Philips NV ADR (PHG) is overvalued.

Both trade above our estimate of their intrinsic value. PHG is the closer of the two: -37%, against -48% for ABT.

Values as of the 22 Sept 2026 close.

Abbott Laboratories (ABT)

Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $70.00; the price of $103.69 is 48% above that value, and 78% of that value comes from beyond year five.

Leak Score 57/100 on 10 of 12 signals

Koninklijke Philips NV ADR (PHG)

Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $18.23; the price of $24.97 is 37% above that value, and 79% of that value comes from beyond year five.

Leak Score 27/100 on 3 of 12 signals

MetricABTPHG
VerdictOvervaluedOvervalued
Price$103.69$24.97
Intrinsic value$70.00$18.23
Margin of safety-48%-37%
Leak Score57/100 (10/12)27/100 (3/12)
Market cap$179.4B$24.4B
Revenue growth, 5 years5.1%0.4%
Operating margin16.4%9.1%
Net margin11.6%6.3%
Return on equity10.6%10.2%
Debt to equity0.640.65
P/E33.5x18.6x
Forward P/E17.1x13.1x
P/B3.5x1.9x
Dividend yield2.5%4.0%

All stocks in Medical Devices