Is Medtronic Plc overvalued?

Medtronic Plc (MDT) looks fairly valued — trading about 6% above its fair value.

Fairly valued

Price

$102.86

Fair value

$96.31

Current P/E

27.6

Normal P/E

25.8

Market cap

$131.58B

Dividend yield

2.8%

Return on equity

10.6%

Sector

Healthcare

Fair value compares MDT's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 12 Nov 2026.

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