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Danaher Corporation (DAP) Fair Value & Analysis

Healthcare · DE · Market cap €124B

DC Danaher Corporation DAP · XETRA
Price€173.15
Fair Value€93.15
Upside-46.2%
Quality64/100
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Evidence: High Range €64.67 – €121.32

Fair value as of: Jul 15, 2026

From 26 valuation models · updated today

Fair value updated Jul 15, 2026 — revised from €112.34 to €93.15 (−17.1%) since Jun 24, 2026. Share price +10.6% over the past month.

Price vs Fair Value (12 months)

€205.73 €139.81 Fair Value €93.15 Jul 2025 Jul 2026

12‑month range €139.81 – €205.73 · fair‑value band €64.67 – €121.32 · the €173.15 price screens above the €93.15 fair value. As of Jul 15, 2026.

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Analysis

Danaher Corporation (DAP) currently trades at €173.15, while our model-based Fair Value estimate is €93.15 — implying the stock looks roughly 46.2% overvalued today. We read business quality at 64/100 (solid 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, Danaher Corporation generated revenue of €24.8B at a net margin of 14.9%. Revenue grew 3.7% year over year. It earns a return on equity of 7.1%. Net debt stands at €13.8B. Fundamentals as of Jul 15, 2026

Our scenario range runs from €64.67 (bear case) to €121.32 (bull case); at €173.15, the current price sits above that range. The share trades about 17% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -53% fair-value upside — at -46%, DAP screens cheaper than that median.

Key figures & financial health

Revenue (TTM) €24.8B
Revenue growth (YoY) +3.7%
Net margin 14.9%
Return on equity 7.1%
Free cash flow €5.2B FY2025
P/E ratio 38.5
More key figures
Operating margin 22.9%
EPS (TTM) €4.54
Dividend yield 0.8%
EPS growth (YoY) +9.8%
Net debt €13.8B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 15, 2026. TTM = trailing twelve months.

About the company

Danaher Corporation designs, manufactures, and markets professional, medical, research, and industrial products and services in the United States, China, and internationally. The company operates through Biotechnology, Life Sciences, and Diagnostics segments. The Biotechnology segment provides technologies, consumables, services, and solutions that advance, accelerate, and integrate the development and manufacture of therapeutics; cell line and cell culture media development services; cell culture media, process liquids and buffers for manufacturing, chromatography resins, filtration technologies, and aseptic fill finish; single-use hardware, consumables, and services, such as the design and installation of full manufacturing suites; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes, and services for diagnostic and assay development; and healthcare filtration solutions. The Life Sciences segment provides mass …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Danaher Corporation reported revenue of €24.6B in FY2025 versus €29.5B in FY2021, a compound −4.4%/yr. Reported net income was €3.6B in FY2025, compounding −13.4%/yr from FY2021.

Revenue −4.4%/yr
FY21 €29.5B
FY22 €31.5B
FY23 €23.9B
FY24 €23.9B
FY25 €24.6B
Net income −13.4%/yr
FY21 €6.4B
FY22 €7.2B
FY23 €4.8B
FY24 €3.9B
FY25 €3.6B

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Cite: Fair Value Calculator (2026). "Danaher Corporation Fair Value". https://www.fairvalue-calculator.com/stock/DAP

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10 more Diagnostics & Research stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

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IDEXX Laboratories, Inc IDXX $545.73 $255.77 -53%
Lonza Group LZAGY $61.53 $15.70 -74%
Agilent Technologies, Inc A $126.49 $63.09 -50%
Waters Corporation WAT $358.25 $106.31 -70%
Integrated Diagnostics Holdings IDHC $0.0056 $0.0100 +78%
IQVIA Holdings IQV $183.45 $133.46 -27%
Natera, Inc NTRA $228.80 $24.55 -89%
Mettler-Toledo International Inc MTD $1,133 $484.94 -57%

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Frequently asked questions

Is Danaher Corporation (DAP) undervalued?
As of Jul 15, 2026, our model estimates a fair value of €93.15 versus a price of €173.15 — about −46% (overvalued). Model-based estimate, not financial advice.
What is the fair value of DAP?
Our model-based fair value for Danaher Corporation is €93.15 (as of Jul 15, 2026), built from audited fundamentals. The current price is €173.15.
What is the quality score of DAP?
Danaher Corporation has a Quality Score of 64/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Danaher Corporation (DAP)?
Danaher Corporation reported trailing-twelve-month revenue of about €24.8B (latest available figure, as of Jul 15, 2026).
What is the net profit margin of DAP?
The net profit margin of Danaher Corporation is about 14.9%, meaning it keeps roughly 14.9% of revenue as net income. Based on the latest reported figures.
Does Danaher Corporation pay a dividend?
Danaher Corporation currently shows a dividend yield of about 0.89% relative to its recent price (as of Jul 15, 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.

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