STE

STERIS plc
HealthcareMedical DevicesNASDAQ
$221.33
+$0.33 (0.15%)today
Conviction
7/ 10
Fair Value$279.29
Upside+26.19%
Signal18.33
Market Cap$21.5B
52W Range$204.90–$269.44
Next EarningsMay 13

Conviction History

Conviction Changes

Mar 18, 2026, 5:04 PM67conviction-rescore

Revenue growth 9%+ across all segments, AST margin profile strong. Target $290 vs current $217 = +33.6% upside. Thesis solid but no identifiable near-term catalyst — missing the one element for conv 8.

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid
Fair Value$88.50
Current Price$220.03
Upside / Down-59.8%
P(Undervalued)0.0%
P(20%+ Up)0.0%
P(15%+ Down)100.0%

Fair Value Distribution — percentile bands

0.0% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

25.8%/yr

±6.5% · revenue growth to justify current price

FCF-Based Reverse DCF

19.8%/yr

±3.1% · FCF growth to justify current price

THE GAP

Market pricing margin expansion or capex normalization

KEY VALUE DRIVERS

Spearman correlation — what moves this valuation most

Bull Case
Queued for analysis

Eagle will generate this view by the next trading session (~6h).

Bear Case
Queued for analysis

Eagle will generate this view by the next trading session (~6h).

Research Feed

sec_10qMar 3
Conviction: unchanged
STE Q3 FY2026 (9M ended Dec 31, 2025): Solid growth amid margin headwinds; restructuring on track

STE: Broad-based 9% revenue growth (all segments positive) but Q3 gross margin down 70 bps due to tariffs/inflation despite pricing wins. AST performing best (45% margins); Healthcare/Life Sciences fa...