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Convatec Group (CTEC) Fair Value & Analysis

Healthcare · GB · Market cap 3.8B GBX

CG Convatec Group CTEC · LSE
Price£2.07
Fair Value£2.01
Upside-2.8%
Quality95/100
Evidence: High Range £1.17 – £2.81

Fair value as of: Jun 24, 2026

From 25 valuation models · updated 6 days ago

Share price +6.3% over the past month.

Price vs Fair Value (12 months)

£2.56 £1.87 Fair Value £2.01 Jul 2025 Jun 2026

12‑month range £1.87 – £2.56 · fair‑value band £1.17 – £2.81 · the £2.07 price screens above the £2.01 fair value. As of Jun 24, 2026.

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Analysis

Convatec Group (CTEC) currently trades at £2.07, while our model-based Fair Value estimate is £2.01 — implying the stock looks roughly 2.8% overvalued today. We read business quality at 95/100 (high quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Convatec Group generated revenue of £2.4B at a net margin of 7.2%. Revenue grew 7.1% year over year. It earns a return on equity of 10.9%. Net debt stands at £1.5B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 2.4B GBX
Revenue growth (YoY) +7.1%
Net margin 7.2%
Return on equity 10.9%
Free cash flow 342M GBX FY2025
P/E ratio 32.5
More key figures
Operating margin 18.1%
EPS (TTM) £0.0600
Dividend yield 3.7%
EPS growth (YoY) -36.5%
Net debt 1.5B GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Convatec Group PLC engages in the development, manufacturing, and sale of medical products, services and technologies for the management of chronic conditions in Europe, North America, and internationally. The company offers advanced wound care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns. It also provides ostomy care solutions, including devices, accessories, and services for people with a stoma resulting from colorectal cancer, bladder cancer, inflammatory bowel disease, and trauma. In addition, the company offers continence care products and services for people with urinary continence issues related to spinal cord injuries, neurological disease, prostate enlargement or other causes. Further, it provides infusion care solutions comprising disposable infusion sets for diabetes insulin pumps, or for use in continuous infusion treatments for conditions such a…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Convatec Group reported revenue of £2.5B in FY2025 versus £2.0B in FY2021, a compound +5.1%/yr. Reported net income was £179M in FY2025, compounding +11.0%/yr from FY2021.

Revenue +5.1%/yr
FY21 £2.0B
FY22 £2.1B
FY23 £2.1B
FY24 £2.3B
FY25 £2.5B
Net income +11.0%/yr
FY21 £118M
FY22 £62.9M
FY23 £130M
FY24 £191M
FY25 £179M

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Similar stocks

6 more Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $402.95 $182.39 -55%
EssilorLuxottica Société anonyme ESLOF $190.25 $125.65 -34%
HOYA Corporation HOCPY $162.33 $101.00 -38%
Medline Inc MDLN $33.61 $31.78 -5%
Becton, Dickinson and Company BDX $143.92 $104.17 -28%
Alcon Inc ALC $66.11 $36.99 -44%

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Frequently asked questions

Is Convatec Group (CTEC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £2.01 versus a price of £2.07 — about −3% (overvalued). Model-based estimate, not financial advice.
What is the fair value of CTEC?
Our 21-model fair value for Convatec Group is £2.01 (as of Jun 24, 2026), built from audited fundamentals. The current price is £2.07.
What is the quality score of CTEC?
Convatec Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Convatec Group (CTEC)?
Convatec Group reported trailing-twelve-month revenue of about £2.4B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CTEC?
The net profit margin of Convatec Group is about 7.2%, meaning it keeps roughly 7.2% of revenue as net income. Based on the latest reported figures.
Does Convatec Group pay a dividend?
Convatec Group currently shows a dividend yield of about 3.71% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.