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Johnson & Johnson (JNJ)

Fair Value
HealthcareDrug Manufacturers - GeneralUnited States

Fondamentale

58

Prezzo

$259.49

Capitalizzazione

$655.37B

Parte 1 · Quanto vale l'azienda

Panoramica

Johnson & Johnson, together with its subsidiaries, engages in the research and development, manufacture, and sale of a range of products in the healthcare field worldwide. It operates in two segments, Innovative Medicine and MedTech. The Innovative Medicine segment offers products for various therapeutic areas, such as oncology, immunology, neuroscience, pulmonary hypertension, infectious diseases, and cardiovascular and metabolism distributed through retailers, wholesalers, distributors, hospitals, and healthcare professionals for prescription use. The MedTech segment provides a portfolio of products used in the surgery, orthopedic, cardiovascular, and vision fields distributed through wholesalers, hospitals and retailers, and used in the professional fields by physicians, nurses, hospitals, eye care professionals and clinics. This segment also offers products and enabling technologies that support joint reconstruction, trauma, spine, sports related injuries, and others, as well as open, laparoscopic, and robotic surgical procedures; instrumentation, energy devices, stapling systems, wound closure, biosurgery products, and digital and robotic technologies; breast aesthetics and reconstruction; contact lenses under the ACUVUE brand; intraocular lenses for cataract surgery, and other products used in cataract and refractive procedures under the TECNIS brand. The company was founded in 1886 and is based in New Brunswick, New Jersey.

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Con chi questa società si contende gli stessi clienti

Confronta

Generato il 19 settembre 2026 con claude-haiku-4-5 — condiviso con tutti gli utenti

P/E: 37.5Punteggio: 72Capitalizzazione: $163.69B

Sono due grandi gruppi farmaceutici americani che vendono farmaci di marca agli stessi ospedali, assicurazioni e medici, con portafogli che si sovrappongono in oncologia, immunologia, vaccini e antinfettivi.

P/E: 73.9Punteggio: 71Capitalizzazione: $470.55B

Skyrizi e Rinvoq di AbbVie si giocano gli stessi pazienti di Stelara e Tremfya di Johnson & Johnson nella psoriasi, nell'artrite psoriasica e nelle malattie infiammatorie intestinali.

P/E: 116.2Punteggio: 63Capitalizzazione: $366.84B

Merck si contende le stesse prescrizioni oncologiche, soprattutto nei tumori solidi e nelle linee di terapia del mieloma multiplo, e gli stessi budget pubblici e privati per i vaccini.

P/E: 27.7Punteggio: 65Capitalizzazione: $175.89B

Abbott è concorrente diretta di Biosense Webster nei cateteri e nei sistemi di mappaggio per l'elettrofisiologia cardiaca, e della divisione Vision nei dispositivi per la cura degli occhi.

P/E: 28.5Punteggio: 70Capitalizzazione: $105.60B

Stryker contende a DePuy Synthes gli stessi chirurghi ortopedici e gli stessi contratti ospedalieri su protesi d'anca e di ginocchio, traumatologia e chirurgia assistita da robot.

Medtronic plcMDT

Medtronic è il rivale più vicino del segmento MedTech: vende sistemi concorrenti per l'ablazione cardiaca, le suturatrici chirurgiche e la colonna vertebrale agli stessi uffici acquisti ospedalieri di tutto il mondo.

Stato Patrimoniale e Liquidità

Ricavi

$97.93B

Ultimi 12 mesi (al 28/06/2026)

Utile Netto

$21.04B

Ultimi 12 mesi (al 28/06/2026)

Free Cash Flow

$19.70B

Patrimonio Netto Totale

$81.54B

Passività Totali

$117.67B

Rapporto di Liquidità

1.09

Copertura Interessi

-

Debito/EBITDA

1.41

Utile per Azione

Ricavi e Utile Netto

Free Cash Flow

Scomposizione Ricavi

Prospetto storico

Margini nel tempo

Il debito nel tempo

Quanto pesa il debito

Griglia della crescita

Crescita — Ricavi

Stima del Fair Value

Caso generaleCorrettamente Valutato

Fair Value

$251.81

Prezzo Attuale

$259.49

Margine di Sicurezza

-3.0%

Range Fair Value

$186.70 - $316.93

Intervallo di dispersione tra i metodi di valutazione usati, non una stima statisticamente calibrata.

Metodi di Stima

Target degli analisti:$277.91
Flussi di cassa scontati (DCF):$316.44
Multiplo sugli utili (P/E):$189.43
Formula di Graham:$290.53
Valore della capacità di reddito (EPV):$101.97
P/B giustificato:$184.05
Sconto dei dividendi (Gordon):$133.71
P/FFO, i fondi da operazioni:$227.77
Utili di mezzo ciclo:$199.24
Multiplo sui ricavi:$158.12
Consenso Analisti:Buy (22B / 9H / 0S)
Ultima Sorpresa Utili:+0.89%

Metriche di Valutazione

Rapporto P/E

30.75

ROE

32.9%

Rapporto P/B

7.51

P/FCF

28.68

Margine Lordo

67.9%

ROIC

-

Radar Redditività

Creazione di Valore (Vantaggio Competitivo)

ROIC

-

WACC

7.5%

ROIC − WACC

-

Criteri di Analisi Fondamentale

Superati (16)

  • EPS shows upward trend
  • EPS CAGR 6.37%
  • Price CAGR 8.71%
  • Gross Margin 67.9%
  • P/FCF 28.68
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 25.7%
  • Analyst Consensus 71% Buy
  • Earnings Quality (OCF/NI) 1.31
  • Share Dilution 0.0%
  • Piotroski F-Score 5/9

Non superati (8)

  • P/B Ratio 7.51
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Revenue Growth 5Y 2.7%
  • Earnings Surprise avg 0.4%
  • PEG Ratio 2.09
  • Net Margin Trend 21.5% vs 25.0%

Non disponibili (4)

  • ROIC NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage

Piotroski F-Score

5/9

Segnali misti: alcune aree necessitano attenzione

score
criteria

Qualità degli Utili

1.31

Alta qualità: utili supportati da cash

Diluizione Azionaria

0.0%

Riacquisto azioni. Favorevole agli azionisti

Partecipazioni istituzionali

Governance

Team Dirigenziale

NomeRuoloEtà
Mr. Joaquin DuatoCEO & Chairman62
Mr. Joseph James Wolk CPAExecutive VP & CFO58
Dr. John C. Reed M.D., Ph.D.Executive Vice President of Innovative Medicine and R&D67
Mr. Timothy SchmidExecutive VP & Worldwide Chairman of MedTech55
Mr. Robert J. Decker Jr.Controller & Chief Accounting Officer52
Mr. James SwansonExecutive VP & Chief Information Officer59
Mr. Ryan KoorsVice President of Investor Relations-
Mr. Dirk BrinckmanChief Compliance Officer-
Ms. Elizabeth Forminard J.D.Executive VP & Chief Legal Officer54
Ms. Kristen Blair MulhollandExecutive VP & Chief HR Officer58

Rischio Audit

4

Rischio CdA

7

Rischio Compensi

4

Rischio Diritti Azionisti

3

Parte 2 · Il prezzo e il momento d'ingresso

Questa parte non serve a capire se l'azienda vale: serve a scegliere quando comprarla, dopo che i fondamentali ti hanno convinto. Dentro: analisi tecnica, potenziale, drawdown storici, esposizione gamma.

Documenti

  • Relazione annuale (10-K)

    Una panoramica annuale del business, dei risultati finanziari e dei rischi dell'azienda.

    Depositato il 2026-02-11

    Vedi documento
  • Relazione trimestrale (10-Q)

    Un aggiornamento sull'andamento finanziario degli ultimi tre mesi.

    Depositato il 2026-07-23

    Vedi documento
  • Comunicazione price-sensitive (8-K)

    Una comunicazione su un evento importante, come un cambio ai vertici o un grande annuncio.

    Depositato il 2026-08-04

    Vedi documento

via SEC EDGAR

Storico Ricavi

via SEC EDGAR

Ultime Notizie

Ultime notizie per JNJ, da Markets Gazette.

  • 8/2/2026POSITIVE
    This Surgical Robot Could Transform the Operating Room

    Johnson & Johnson has secured FDA approval for its Ottava surgical robot, marking a significant milestone after years of development and substantial investment. This breakthrough positions J&J to potentially disrupt the established surgical robotics market, currently dominated by early entrants. Investors will be watching closely to see if Ottava can gain market share and challenge competitors, potentially driving future revenue growth for the healthcare giant.

  • 7/31/2026NEUTRAL
    Wall Street Week | Warsh’s Waiting Game, EU Merger Rules, Robotic Surgeons

    Johnson & Johnson is entering the robotic surgery market, a sector experiencing rapid growth. Despite entering the race years after competitors, the company is banking on a distinct strategy to achieve success. This move signifies J&J's strategic diversification into a high-potential medical technology field, aiming to capture market share against established players. Investors will be watching to see if their unique approach can overcome the initial disadvantage and establish a strong foothold in this competitive landscape.

  • 6/17/2026NEUTRAL
    J&J Has No Plans to Enter Obesity Drugs Market, CEO Says

    Johnson & Johnson's CEO, Joaquin Duato, has stated the company has no immediate plans to enter the lucrative obesity drug market. This strategic decision shifts focus towards core areas like oncology, differentiating J&J from competitors actively pursuing weight-loss medications. While rivals Eli Lilly and Novo Nordisk have seen success with their obesity drugs, J&J's stance suggests a preference for its established therapeutic areas. Investors will monitor if this focus yields competitive advantages or if J&J misses out on a significant growth opportunity.

  • 4/14/2026POSITIVE
    Inside J&J’s Next Blockbuster Drug

    Johnson & Johnson's CFO, Joseph Wolk, indicated that the company's new psoriasis pill is on track to become a major revenue driver, having already reached 1,500 patients within days of launch. This positive development, coupled with a robust internal pipeline that allows J&J to bypass large, risky acquisitions, supports the company's decision to raise its financial guidance. Investors can anticipate continued long-term double-digit growth, driven by innovative pharmaceutical products and strategic pipeline management.

  • 4/9/2026NEUTRAL
    Johnson & Johnson Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

    Johnson & Johnson (JNJ) is set to report its Q1 earnings on April 14th, with analysts forecasting $2.67 per share and $23.6 billion in revenue. The company also received FDA approval for its TECNIS PureSee lens, a positive development for its medical devices segment. While the lens approval offers a potential growth catalyst, the upcoming earnings report carries significant weight. Investors will be closely watching revenue figures and forward guidance to gauge the company's performance and outlook amidst evolving market conditions and healthcare sector dynamics.

  • 3/6/2026POSITIVE
    FDA Clears Johnson & Johnson's Multiple Myeloma Combo Drug After Strong Survival Results

    The FDA has approved Johnson & Johnson's combination therapy, Tecvayli with Darzalex Faspro, for multiple myeloma. This approval follows strong Phase 3 survival results, indicating significant patient benefit. The clearance marks a key advancement for J&J in the oncology space, bolstering its innovative treatment portfolio. For investors, the green light for new drugs with promising outcomes can lead to increased future revenue and a higher stock valuation, signaling a robust development pipeline.

  • 2/27/2026POSITIVE
    2 Reasons I'd Happily Hold Johnson & Johnson Through Any Market Crash

    Johnson & Johnson (JNJ) stands out as a beacon of stability for investors, especially in times of economic uncertainty. Analysis highlights the proven resilience of the pharmaceutical and consumer goods giant, which has historically demonstrated its ability to navigate market turbulence unscathed. This robustness stems from the diversification of its business segments, including pharmaceuticals, medical devices, and consumer health products, ensuring stable cash flows even during recessions. For those seeking a safe haven in a portfolio, J&J's ability to maintain value and generate consistent returns makes it an attractive option, suggesting the stock can be a strategic choice to hold even in the face of a broader market crash.

via Markets Gazette