Fresenius Medical Care AG ADR FMS

Morningstar Rating
$21.14 −0.11 (0.52%)
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Company Report

Fresenius Medical Care Aims to Improve Its Margins Substantially

Fresenius Medical Care treats end-stage renal disease patients through its dialysis clinic network, medical technology, and care coordination activities. Its strengths in these related areas help Fresenius maintain the leading global position in this market. Even with the threat of obesity drug expansion in the long run, we expect the company to benefit from decent demand in developed markets, such as the U.S., and even faster expansion in emerging markets, such as China, in the long run. With global ESRD patient growth expected to remain in the low to mid-single digits in the long run, we expect top-line growth for Fresenius to grow at a similar pace during the next five years.

Price vs Fair Value

FMS is trading at a 25% premium.
Price
$21.14
Fair Value
$65.00
Uncertainty
High
1-Star Price
$42.60
5-Star Price
$15.50
Economic Moat
Kshbsq
Capital Allocation
Zbty

Bulls Say, Bears Say

Bulls

Diversified by geography and business mix, Fresenius should be able to benefit from ongoing growth in treating ESRD patients worldwide in the long run.

Bears

With virtually all of its US service profits coming from commercial insurance, Fresenius' profits could contract in several potential policy scenarios.

News

Trading Information

Previous Close Price
$21.25
Day Range
$21.0721.25
52-Week Range
$16.3722.76
Bid/Ask
$20.91 / $21.42
Market Cap
$12.41 Bil
Volume/Avg
202,579 / 300,339

Key Statistics

Price/Earnings (Normalized)
14.94
Price/Sales
0.59
Dividend Yield (Trailing)
3.04%
Dividend Yield (Forward)
3.04%
Total Yield
3.04%

Company Profile

Fresenius Medical Care is the largest dialysis company in the world, treating over 300,000 patients from roughly 3,750 clinics across the globe as of mid-2024. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market and benefits from being the world's only fully integrated dialysis business. Services account for roughly 80% of firmwide revenue, including care coordination and ancillary operations, while products account for the other roughly 20%.
Sector
Healthcare
Industry
Medical Care Facilities
Stock Style Box
Mid Value
Total Number of Employees
113,639

Competitors

Valuation

Metric
FMS
BAX
DVA
Price/Earnings (Normalized)
14.9412.4516.42
Price/Book Value
0.832.4021.39
Price/Sales
0.591.221.16
Price/Cash Flow
5.0211.997.08
Price/Earnings
FMS
BAX
DVA

Financial Strength

Metric
FMS
BAX
DVA
Quick Ratio
0.860.771.06
Current Ratio
1.461.401.16
Interest Coverage
3.290.634.60
Quick Ratio
FMS
BAX
DVA

Profitability

Metric
FMS
BAX
DVA
Return on Assets (Normalized)
2.63%5.24%7.26%
Return on Equity (Normalized)
6.59%19.49%128.03%
Return on Invested Capital (Normalized)
4.20%7.74%11.03%
Return on Assets
FMS
BAX
DVA

Medical Care Facilities Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
HCA Healthcare Inc
HCA
QxdzpqyjZbbrpy$104.2 Bil
Fresenius SE & Co KGaA
FSNUF
Ydwnbj$21.3 Bil
Fresenius SE & Co KGaA ADR
FSNUY
Hrhss$21.3 Bil
Tenet Healthcare Corp
THC
QpypwjnLwszn$15.5 Bil
Universal Health Services Inc Class B
UHS
Rnzdgv$14.9 Bil
Bangkok Dusit Medical Services PCL ADR
BDUUY
Ktr$14.8 Bil
Bangkok Dusit Medical Services PCL Shs Foreign Registered
BDULF
Yvbv$14.8 Bil
DaVita Inc
DVA
MjmplkxxwHkkxxq$13.3 Bil
Fresenius Medical Care AG
FMCQF
Mxbwr$12.4 Bil

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