Is Medtronic plc overvalued?

Medtronic plc (MDT) looks undervalued — trading about 19% below its fair value.

Undervalued

Price

$80.98

Fair value

$96.30

Current P/E

21.7

Normal P/E

25.8

Market cap

$103.66B

Dividend yield

3.4%

Return on equity

9.7%

Sector

Healthcare

Fair value compares MDT's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 28 Jun 2026.

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