Danaher Stock Net Asset
| DHR Stock | USD 246.84 0.05 0.02% |
Danaher fundamentals help investors to digest information that contributes to Danaher's financial success or failures. It also enables traders to predict the movement of Danaher Stock. The fundamental analysis module provides a way to measure Danaher's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Danaher stock.
Danaher | Net Asset |
Danaher Company Net Asset Analysis
Danaher's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Danaher Net Asset | 84.49 B |
Most of Danaher's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Danaher is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Danaher Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Danaher is extremely important. It helps to project a fair market value of Danaher Stock properly, considering its historical fundamentals such as Net Asset. Since Danaher's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Danaher's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Danaher's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Danaher Total Assets
Total Assets |
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Based on the recorded statements, Danaher has a Net Asset of 84.49 B. This is much higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.
Danaher Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danaher's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Danaher could also be used in its relative valuation, which is a method of valuing Danaher by comparing valuation metrics of similar companies.Danaher is currently under evaluation in net asset category among related companies.
Danaher ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Danaher's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Danaher's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Danaher Institutional Holders
Institutional Holdings refers to the ownership stake in Danaher that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Danaher's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Danaher's value.| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 8.8 M | Northern Trust Corp | 2023-12-31 | 7.7 M | Norges Bank | 2023-12-31 | 7.6 M | Franklin Resources Inc | 2023-12-31 | 6.6 M | Edgewood Management Llc | 2023-12-31 | 6.4 M | Bank Of America Corp | 2023-12-31 | 6.1 M | Legal & General Group Plc | 2023-12-31 | 5.9 M | Capital Research Global Investors | 2023-12-31 | 5.1 M | Amundi | 2023-12-31 | 5 M | Vanguard Group Inc | 2023-12-31 | 55.9 M | Blackrock Inc | 2023-12-31 | 50.8 M |
Danaher Fundamentals
| Return On Equity | 0.0776 | ||||
| Return On Asset | 0.0386 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 195.11 B | ||||
| Shares Outstanding | 740.69 M | ||||
| Shares Owned By Insiders | 10.75 % | ||||
| Shares Owned By Institutions | 81.60 % | ||||
| Number Of Shares Shorted | 6.2 M | ||||
| Price To Earning | 29.97 X | ||||
| Price To Book | 3.32 X | ||||
| Price To Sales | 7.44 X | ||||
| Revenue | 14.03 B | ||||
| Gross Profit | 18.95 B | ||||
| EBITDA | 5.2 B | ||||
| Net Income | 4.22 B | ||||
| Cash And Equivalents | 6 B | ||||
| Cash Per Share | 7.07 X | ||||
| Total Debt | 19.54 B | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 1.78 X | ||||
| Book Value Per Share | 72.16 X | ||||
| Cash Flow From Operations | 7.16 B | ||||
| Short Ratio | 2.36 X | ||||
| Earnings Per Share | 5.46 X | ||||
| Price To Earnings To Growth | 3.13 X | ||||
| Target Price | 271.39 | ||||
| Number Of Employees | 61 K | ||||
| Beta | 0.86 | ||||
| Market Capitalization | 182.87 B | ||||
| Total Asset | 84.49 B | ||||
| Retained Earnings | 41.07 B | ||||
| Working Capital | 5.66 B | ||||
| Current Asset | 7.84 B | ||||
| Current Liabilities | 6.17 B | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.42 % | ||||
| Net Asset | 84.49 B | ||||
| Last Dividend Paid | 1.05 |
About Danaher Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Danaher's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danaher using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danaher based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Danaher
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danaher position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danaher will appreciate offsetting losses from the drop in the long position's value.Moving together with Danaher Stock
| 0.65 | CNC | Centene Corp | PairCorr |
Moving against Danaher Stock
| 0.66 | DXR | Daxor | PairCorr |
| 0.5 | PDEX | Pro Dex | PairCorr |
| 0.46 | GCTK | GlucoTrack | PairCorr |
The ability to find closely correlated positions to Danaher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaher when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danaher - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danaher to buy it.
The correlation of Danaher is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danaher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaher moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danaher can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Danaher Piotroski F Score and Danaher Altman Z Score analysis. To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.Note that the Danaher information on this page should be used as a complementary analysis to other Danaher'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 the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Danaher Stock analysis
When running Danaher's price analysis, check to measure Danaher'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 Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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Is Danaher's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaher. If investors know Danaher will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 1.05 | Earnings Share 5.46 | Revenue Per Share 32.107 | Quarterly Revenue Growth (0.03) |
The market value of Danaher is measured differently than its book value, which is the value of Danaher that is recorded on the company's balance sheet. Investors also form their own opinion of Danaher's value that differs from its market value or its book value, called intrinsic value, which is Danaher'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 Danaher's market value can be influenced by many factors that don't directly affect Danaher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher'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.