Could PerkinElmer Be The Next Danaher?

Nov. 16, 2022 10:30 AM ETPerkinElmer, Inc. (PKI), DHRTMO5 Comments
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Heavy Moat Investments
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Summary

  • PerkinElmer, Inc. might have outperformed the S&P 500 over the last decade, but it didn't perform as well as some of its peers.
  • PerkinElmer has many similarities to Danaher Corporation and could be a great buy here.
  • Both companies recently announced divestitures to focus on their core Life Sciences and Diagnostics businesses.
  • PerkinElmer could be an opportunity to outperform the market over the next decade as well.

Teenage student using the microscope in the laboratory

FG Trade

Can a restructuring lead to outperformance?

PerkinElmer, Inc. (NYSE:PKI) is an American Medical Devices company focused on life sciences and diagnostics. Over the last ten years, the company outperformed the S&P 500 by a wide margin but did not

Peer group comparison

Peer group comparison (Koyfin)

PKI at a glance

PKI at a glance (PKI Investor Presentation)

Danaher Overview

Danaher Overview (Danaher Investor presentation)

PKI capital deployment

PKI capital deployment (Koyfin)

Return on Capital comparison

Return on Capital comparison (Authors Model)

Valuation Comparison

Valuation Comparison (Koyfin)

This article was written by

Heavy Moat Investments profile picture
1.64K Followers
'Heavy Moat Investments' is 24-year-old self-taught investor Niklas based in Southern Germany, who recently finished his bachelor of Science in Business Informatics and now works as a Software Developer, besides writing about his investments on Seeking Alpha and Twitter. Niklas formerly wrote under the 'Stock Metal Investment' username but changed it to reflect his investment style better.The main investment themes in Heavy Moat Investments are great capital allocators, Spawners and companies with deep, widening moats. The only investment horizon discussed on this channel is long-term investments, preferably with decades of growth runway. Follow Niklas on his journey to Financial Freedom.

Disclosure: I/we have a beneficial long position in the shares of DHR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: What do you think about PerkinElmer and Danaher? Let's continue the discussion in the comments below. This is not financial advice.

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