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Original Data to Question: Stryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the New York Stock Exchange. Use

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Original Data to Question:

Stryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the New York Stock Exchange. Use the following information on Stryker and seven other similar companies (indicated by their ticker symbols) to calculate Stryker's implied stock value using each of the 5 indicators of value provided in the chart below. Use the mean values for the 7 other similar companies in the industry as the benchmark to calculate Stryker's implied stock value using its financial data

Stryker Corporation ($ millions)
Sales 10,621
Net income 1,638
Number of common shares (millions) 365
Earnings before interest and tax 2,227
Tax rate 27.10%
Book value of equity 9,127
Book value interest-bearing debt 2,796

Stryker BAX BDX COV MDT SNN STJ ZMH
Indicators of Value
Price/earnings (X) 17.8 18.7 24.9 20.7 14.5 22.8 23.7 20.8
MV firm/EBIT(1 Tax rate) (X) 18.8 23.3 24.5 20.5 17.5 25.1 26.6 21.5
MV firm/sales (X) 3.5 3.1 3.1 3.5 4.5 4.6 5.5 3.8
MV equity/BV equity (X) 3.4 5.6 4.2 3.3 2.2 4.8 4.7 2.5
MV firm/BV firm (X) 2.0 1.8 2.1 2.9 1.8 3.9 2.1 1.8
Stryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the New York Stock Exchange. Use the following information on Styyker and seven other similar companies (indicated by their ticker symbols) to calculate Stryker's implied stock value using each of the following information on Stryker and seven implied stock value provided in the chart belo Stryker Corporation is a leading medical technology company headquartered in Kalamazoo, Michigan, that trades on the New York Stock Exchange. Use the following information on Stryker and seven other similar companies (indicated by their ticker symbols) to calculate Stryker's implied stock value using each of the 5 indicators of value benchmark to calculate Stryker's implied stock value using its financial data Indicators of Value Pricalearnings (X) MV firm/EBIT (1 Tax rate) (X) MV firm/sales (X) MV equity/lBV equity (X) MV firm/BV firm (X) MV = Market value; BV = Book value. Market value is estimated as book value of interest-bearing debt + market value of equity. Note: Round your intermediate calculations to 1 decimal place. Round your final answers to 2 decimal places. MV = Market value; BV = Book value. Market value is estimated as book value of interest-bearing debt + market value of equity. Note: Round your intermediate calculations to 1 decimal place. Round your final answers to 2 decimal places. Explanation: The mean values for Stryker's peers appear below

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