Laboratory Stock Valuation

LH -  USA Stock  

USD 283.77  2.67  0.95%

Do you want to know what the current value of Laboratory Corp is today? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as Laboratory Corp, is its stock price multiplied by the total number of shares outstanding, calculating Laboratory Corp's enterprise value requires a different approach. It uses Laboratory Corp's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
The current Free Cash Flow is estimated to decrease to about 1.4 B. Enterprise Value is estimated to decrease to about 23.1 B.
Laboratory Corp secures a last-minute Real Value of $297.89 per share. The latest price of the firm is $283.77. At this time, the firm appears to be undervalued. Our model forecasts the value of Laboratory Corp from analyzing the firm fundamentals such as Current Valuation of 31.5 B, return on equity of 30.96 %, and Profit Margin of 17.26 % as well as examining its technical indicators and Probability Of Bankruptcy. In general, we recommend locking in undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.

Search Valuation 

 
Refresh
Laboratory Corp Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Laboratory Corp's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Undervalued
Today
283.77
25th of July 2021
Share
Laboratory Corp is very steady asset. Calculation of real value of Laboratory Corp is based on 3 months time horizon. Increasing Laboratory Corp time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Our valuation method for Laboratory Corp is useful when determining the fair value of the Laboratory stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Laboratory Corp. Since Laboratory Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Laboratory Stock. However, Laboratory Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
255.39
Downside
297.89
Real Value
298.97
Upside
Estimating the potential upside or downside of Laboratory Corp helps investors to forecast how Laboratory stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Laboratory Corp more accurately as focusing exclusively on Laboratory Corp's fundamentals will not take into account other important factors:
Earnings
Estimates (8)
LowProjected EPSHigh
22.0622.9024.12
Details
Hype
Prediction
LowEstimated ValueHigh
282.91283.99285.07
Details
Naive
Forecast
LowNext ValueHigh
277.01278.08279.16
Details
11 Analysts
Consensus
LowTarget PriceHigh
245.00288.00320.00
Details
Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. Some money managers use Laboratory Corp's intrinsic value based on its ongoing forecasts of Laboratory Corp's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by look to relative valuation against Laboratory Corp's closest peers. When choosing a valuation method Laboratory Corp, make sure it is appropriate for the firm given its current financial situation and market classification. If more than one is valuation category is appropriate, we suggest using both methods to arrive at a better estimate.

Laboratory Corp Investments

69.6 MillionShare

Laboratory Valuation Drivers Correlation

Many accounts on the financial statements of Laboratory Corp are highly interrelated and sometimes correlated. Consequently, when conducting Laboratory's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of Laboratory
Click cells to compare fundamentals

Laboratory Market Cap

Laboratory Corp is rated fourth overall in market capitalization category among related companies. Market capitalization of Diagnostics & Research industry is now estimated at about 135.69 Billion. Laboratory Corp retains roughly 26.85 Billion in market capitalization claiming about 20% of equities under Diagnostics & Research industry.
Capitalization  Workforce  Valuation  Total debt  Revenue

Laboratory Corp Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Laboratory Corp's current stock value. Our valuation model uses many indicators to compare Laboratory Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Laboratory Corp competition to find correlations between indicators driving Laboratory Corp's intrinsic value. More Info.
Laboratory Corp is rated below average in price to book category among related companies. It is rated fourth overall in price to earning category among related companies reporting about  3.81  of Price to Earning per Price to Book. . The current Price to Earnings Ratio is estimated to increase to 13.83, while Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to decrease to roughly 2.7 B.

About Laboratory Corp Valuation

The equity valuation mechanism determines the current worth of Laboratory Corp on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Laboratory Corp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Laboratory Corp based exclusively on its fundamental and basic technical indicators. By analyzing Laboratory Corp's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Laboratory Corp's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Laboratory Corp. We calculate exposure to Laboratory Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Laboratory Corp's related companies.
Last ReportedProjected for 2021
Gross ProfitB4.3 B
Profit Margin 0.11  0.1 
Laboratory Corporation of America Holdings operates as an independent clinical laboratory company worldwide. The company was founded in 1971 and is headquartered in Burlington, North Carolina. Laboratory Corp operates under Diagnostics Research classification in the United States and is traded on New York Stock Exchange. It employs 70000 people.

Laboratory Corp Quarterly Enterprise Value

30.33 BillionShare

Laboratory Corp Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Laboratory Corp does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Quick Ratio1.42
Revenue Growth47.40%
Enterprise Value To Ebitda7.10
Enterprise Value To Revenue2.06

Laboratory Corp Current Valuation Indicators

Valuation refers to the process of determining the present value of Laboratory Corp and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Laboratory we look at many different elements of the entity such as Laboratory's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Additionally, see Stocks Correlation. Note that the Laboratory Corp information on this page should be used as a complementary analysis to other Laboratory Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Laboratory Stock analysis

When running Laboratory Corp price analysis, check to measure Laboratory Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Laboratory Corp is operating at the current time. Most of Laboratory Corp's value examination focuses on studying past and present price action to predict the probability of Laboratory Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Laboratory Corp's price. Additionally, you may evaluate how the addition of Laboratory Corp to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
The market value of Laboratory Corp is measured differently than its book value, which is the value of Laboratory that is recorded on the company's balance sheet. Investors also form their own opinion of Laboratory Corp's value that differs from its market value or its book value, called intrinsic value, which is Laboratory Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Laboratory Corp's market value can be influenced by many factors that don't directly affect Laboratory Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Laboratory Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Laboratory Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laboratory Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.