Discounted Cash Flow and Forces Swot Explanation
Si Chen Bin Shen Qiyang Tan Yajie Wang Jiaqi Zhang
Copyright © 2012 by Steris’s Group from Weatherhead School in Case Western Reserve University All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, write to the publisher, addressed “Attention: Permissions Coordinator,” at the address below.
Steris’s Group in Case Western Reserve University Cleveland, OH ,44106
Table of Contents
Executive Summary Company Overview
Is Steris Growing or Slowing Healthcare Life Sciences Isomedix Services
5 6
7 8 9 10
Industry Overview
Key Factors Global Expansion Medical Device Innovation Acquisitions Aging Population Government Regulations Operation and Production Costs TWI
12
13 13 14 14 15 16 16 17
Porter Five Forces SWOT Explanation of Forecasts Competitor Analysis
Johnson & Johnson Ecolab
18 21 22 23
24 25
WACC
26
3
DCF Multiple Analysis Conclusion Scenarios Appendix References
28 29 30 31 32 39
4
Executive summary
STERIS corp. is a global leader in infection prevention, contamination control, and surgical and critical care technology. It is comprised of three different segments: Healthcare, Life Sciences, Sterilization. Isomedix Contract
Executive Summary
Company Overview Industry Overview Porter Five Forces SWOT Explanation of Forecasts Competitor Analysis WACC DCF Multiple Analysis Conclusion Scenarios Appendix References
This report provides
company and industry analysis, future expectations of the company and valuation of its stock price using two different methods. The share price is estimated to be
between $50.98 and $57.20. Based on these results,
Copyright © 2012 by Steris’s Group from Weatherhead School in Case Western Reserve University All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, write to the publisher, addressed “Attention: Permissions Coordinator,” at the address below.
Steris’s Group in Case Western Reserve University Cleveland, OH ,44106
Table of Contents
Executive Summary Company Overview
Is Steris Growing or Slowing Healthcare Life Sciences Isomedix Services
5 6
7 8 9 10
Industry Overview
Key Factors Global Expansion Medical Device Innovation Acquisitions Aging Population Government Regulations Operation and Production Costs TWI
12
13 13 14 14 15 16 16 17
Porter Five Forces SWOT Explanation of Forecasts Competitor Analysis
Johnson & Johnson Ecolab
18 21 22 23
24 25
WACC
26
3
DCF Multiple Analysis Conclusion Scenarios Appendix References
28 29 30 31 32 39
4
Executive summary
STERIS corp. is a global leader in infection prevention, contamination control, and surgical and critical care technology. It is comprised of three different segments: Healthcare, Life Sciences, Sterilization. Isomedix Contract
Executive Summary
Company Overview Industry Overview Porter Five Forces SWOT Explanation of Forecasts Competitor Analysis WACC DCF Multiple Analysis Conclusion Scenarios Appendix References
This report provides
company and industry analysis, future expectations of the company and valuation of its stock price using two different methods. The share price is estimated to be
between $50.98 and $57.20. Based on these results,
References: Adam Kritzer. (2011) Archive for June 2011. Retrieved from http://www.forexblog.org/2011/06 Mark Mather. (2012) What’s Driving the Decline in U.S. Population Growth? Retrived from http://www.prb.org/Articles/2012/us-population-growthdecline.aspx J&J: Johnson&Johnson Key statistics. Retrived November 4th, 2012, from http://finance.yahoo.com/q/ks?s=JNJ+Key+Statistics ECL: EcoLab Key statistics. Retrived November 4th, 2012, from http://finance.yahoo.com/q/ks?s=ECL+Key+Statistics STE: STERIS corp Key statistics. Retrived November 4th, 2012, from http://finance.yahoo.com/q/ks?s=STE+Key+Statistics 39