GE HealthCare Technologies Inc vs Stryker Corp

GE HealthCare Technologies Inc (GEHC) is undervalued and Stryker Corp (SYK) is overvalued.

Against our estimates of intrinsic value, GEHC trades at the wider discount: a margin of safety of +29%, against -35% for SYK.

Values as of the 22 Sept 2026 close.

GE HealthCare Technologies Inc (GEHC)

Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $93.41; the price of $66.27 is 29% below that value, and 75% of that value comes from beyond year five.

Leak Score 63/100 on 5 of 12 signals

Stryker Corp (SYK)

Discounting its cash flows at 8.7% (average of 3 methods) values the shares at $204.41; the price of $275.09 is 35% above that value, and 77% of that value comes from beyond year five.

Leak Score 65/100 on 10 of 12 signals

MetricGEHCSYK
VerdictUndervaluedOvervalued
Price$66.27$275.09
Intrinsic value$93.41$204.41
Margin of safety+29%-35%
Leak Score63/100 (5/12)65/100 (10/12)
Market cap$29.9B$105.5B
Revenue growth, 5 years3.7%11.8%
Operating margin13.7%24.3%
Net margin9.3%14.4%
Return on equity19.2%16.5%
Debt to equity0.960.64
P/E15.2x28.5x
Forward P/E12.2x16.4x
P/B2.7x4.4x
Dividend yield0.2%1.3%

All stocks in Medical Devices