Koninklijke Philips NV ADR (PHG) is overvalued and Stryker Corp (SYK) is overvalued.
Both trade above our estimate of their intrinsic value. SYK is the closer of the two: -35%, against -37% for PHG.
Values as of the 22 Sept 2026 close.
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
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
| Metric | PHG | SYK |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $24.97 | $275.09 |
| Intrinsic value | $18.23 | $204.41 |
| Margin of safety | -37% | -35% |
| Leak Score | 27/100 (3/12) | 65/100 (10/12) |
| Market cap | $24.4B | $105.5B |
| Revenue growth, 5 years | 0.4% | 11.8% |
| Operating margin | 9.1% | 24.3% |
| Net margin | 6.3% | 14.4% |
| Return on equity | 10.2% | 16.5% |
| Debt to equity | 0.65 | 0.64 |
| P/E | 18.6x | 28.5x |
| Forward P/E | 13.1x | 16.4x |
| P/B | 1.9x | 4.4x |
| Dividend yield | 4.0% | 1.3% |