IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Edwards Lifesciences Corp (EW)

Orthopedic, Prosthetic & Surgical Appliances & Supplies

Latest Price
$86.07
TTM P/E
45.78
Normalized P/E
26.79
Div Yield
--
Book Value
17.83
P/B Ratio
4.83

Valuation metrics

adjust assumptions →
EPS: $1.83
Book value / share: $17.80
Formula: √(22.5 × EPS × BVPS)
Graham Number
$27.07
69% downside
Norm. op. income: $1.4B (median of 7yr)
Tax rate: 12%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$27.22
68% downside
Base FCF: $974M (median of recent 5yr)
Growth: -15%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$13.39
84% downside
EPS: $1.83
Target P/E: 27×
Formula: EPS × P/E
P/E Fair Value
$49.41
43% downside

Institutional Ownership

65.3% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.52.73M$4.22B9.14%+267.0K2026-03-31
STATE STREET CORP26.30M$2.10B4.56%+304.9K2026-03-31
WELLINGTON MANAGEMENT GROUP LLP22.01M$1.76B3.81%+217.2K2026-03-31
Bank of New York Mellon Corp16.74M$1.34B2.90%-755.0K2026-03-31
FMR LLC14.50M$1.16B2.51%-2.08M2026-03-31
GEODE CAPITAL MANAGEMENT, LLC13.13M$1.05B2.28%+348.9K2026-03-31
JENNISON ASSOCIATES LLC13.07M$1.05B2.26%-714.2K2026-03-31
MORGAN STANLEY7.06M$565.0M1.22%-253.4K2026-03-31
BROWN ADVISORY INC7.03M$562.0M1.22%-302.6K2026-03-31
DEUTSCHE BANK AG\6.19M$495.0M1.07%+607.6K2026-03-31
View all institutional holders →