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CONMED Corporation CNMD NYSE

NYSE • Healthcare • Medical - Devices • US • USD

SharesGrow Score
64/100
3/7 Pass
SharesGrow Intrinsic Value
$153.11
+288.2%
Analyst Price Target
$78.00
+97.8%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

CONMED Corporation (CNMD) trades at a trailing P/E of 24.2, forward P/E of 9.1. Trailing earnings yield is 4.13%, forward earnings yield 11.04%. PEG 0.05 (Peter Lynch undervalued ≤1.0). Graham Number is $33.77.

Criteria proven by this page:

  • VALUE (74/100, Pass) — P/E is below market average (24.2); PEG ≤ 1.0 — Peter Lynch undervalued (0.05); analyst target implies upside (+97.8%); earnings yield beats bond yields (4.13%).
  • Forward P/E 9.1 (down from trailing 24.2) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 0.05 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
  • Trailing Earnings Yield 4.13% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 11.04% as earnings recover.
  • Analyst consensus target $78.00 (+97.8% upside) — significant upside potential according to Wall Street analysts.

Overall SharesGrow Score: 64/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score
64/100
SG Score
View full scorecard →
VALUE
74/100
Price-to-Earnings & upside
Proven by this page
~
FUTURE
52/100
Analyst consensus
→ Forecast
~
PAST
75/100
→ Income
~
HEALTH
67/100
Debt-to-Equity & liquidity
→ Health
MOAT
70/100
→ Income
GROWTH
83/100
→ Income
INCOME
30/100
→ Income

Valuation Snapshot — CNMD

Valuation Multiples
P/E (TTM)24.2
Forward P/E9.1
PEG Ratio0.05
Forward PEG0.05
P/B Ratio1.10
P/S Ratio0.83
EV/EBITDA11.0
Per Share Data
EPS (TTM)$1.52
Forward EPS (Est.)$4.36
Book Value / Share$33.36
Revenue / Share$44.39
FCF / Share$4.87
Yields & Fair Value
Earnings Yield4.13%
Forward Earnings Yield11.04%
Dividend Yield1.09%
Graham Number$33.77
SharesGrow IV$153.11 (+288.2%)
Analyst Target$78.00 (+97.8%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 83.7 -1.62 2.12 1.61 1.81%
2017 25.7 0.09 2.26 1.79 1.57%
2018 44.2 -1.63 2.73 2.10 1.24%
2019 110.7 -3.65 4.46 3.32 0.71%
2020 336.4 -5.00 4.51 3.71 0.71%
2021 66.1 0.12 5.26 4.09 0.56%
2022 -33.0 0.15 3.57 2.55 0.90%
2023 52.1 -0.29 4.03 2.70 0.73%
2024 15.9 0.15 2.19 1.62 1.17%
2025 26.8 -0.41 1.22 0.92 1.96%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $0.52 $763.52M $14.66M 1.9%
2017 $1.97 $796.39M $55.49M 7%
2018 $1.41 $859.63M $40.85M 4.8%
2019 $0.97 $955.1M $28.62M 3%
2020 $0.32 $862.46M $9.52M 1.1%
2021 $1.94 $1.01B $62.54M 6.2%
2022 $-2.68 $1.05B $-80.58M -7.7%
2023 $2.04 $1.24B $64.46M 5.2%
2024 $4.26 $1.31B $132.42M 10.1%
2025 $1.51 $1.37B $47.06M 3.4%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $4.36 $4.34 – $4.37 $1.36B $1.35B – $1.37B 3
2027 $4.93 $4.84 – $5.09 $1.43B $1.42B – $1.44B 3
2028 $5.55 $5.49 – $5.62 $1.52B $1.52B – $1.52B 1
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