Danaher Corporation (DHR)
NYSEHealth CareMedical - Diagnostics & ResearchSnapshot 2026-09-04
$207.66-1.60%
Close 2026-09-04 · 1-day change
NYSEHealth CareMedical - Diagnostics & ResearchSnapshot 2026-09-04
QuarterlyIQ Insights · DHR
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $208 DHR trades at 26× p/e, below its 34× p/e peer median, but our blended $197 fair value sits below the price. It's a high-confidence read. Analysts target $195–$240. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $215.00 | — | — | Analyst | high |
| dcf fcfe | 12M | $180.63 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $67.23 | — | — | Hist. CAGR | high |
| graham number | 12M | $116.53 | — | — | TTM | high |
| Peer P/FCF | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$195.00 – $240.00 (median $215.00) · 9 analysts · as of 2026-07-22
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 60% over what the business is worth with no growth; closing that gap needs roughly 8.6 years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $7.27/sh owner earnings.
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $267.83 |
| 34.7 |
| 7.72 |
| TTM |
| high |
| Peer P/E | 12M | $275.30 | 33.9 | 8.12 | TTM | high |
| Peer P/S | 12M | $202.48 | 5.7 | 35.48 | TTM | high |
| PEG | 12M | $442.65 | 54.5 | 8.12 | TTM | high |
| residual income | 12M | $79.78 | — | — | TTM | high |
| Own P/E history | 12M | $201.40 | 24.8 | 8.12 | TTM | high |
| triangulated | 12M | $293.66 | 33.9 | 8.66 | Triangulated | high |
| Peer P/FCF | 3Y | $203.27 | 34.7 | 5.86 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $340.07 | 33.9 | 10.03 | Analyst | medium |
| Peer P/S | 3Y | $247.26 | 5.7 | 43.33 | guidance | medium |
| PEG | 3Y | $546.80 | 54.5 | 10.03 | Analyst | medium |
| Own P/E history | 3Y | $248.79 | 24.8 | 10.03 | Analyst | medium |
| Peer P/FCF | 5Y | $169.13 | 34.7 | 4.88 | Hist. CAGR(prov.) | high |
| Peer P/E | 5Y | $371.37 | 33.9 | 10.95 | Analyst | high |
| Peer P/S | 5Y | $270.01 | 5.7 | 47.32 | guidance | high |
| PEG | 5Y | $597.12 | 54.5 | 10.95 | Analyst | high |
| Own P/E history | 5Y | $271.69 | 24.8 | 10.95 | Analyst | high |