Medtronic plc vs Johnson & Johnson
JNJ wins the Tale of the Tape 5–4.
🏆 Tale of the Tape
Green = winner in each category. Higher is better except P/E (lower = cheaper).
Rolling Correlation
Moderately correlated — some diversification benefit from holding both.
Fundamentals
| Metric | MDT | JNJ |
|---|---|---|
| Market Cap | $94.8B | $542.4B |
| P/E Ratio | 20.6x | 26.1x |
| Forward P/E | 12.2x | 17.7x |
| P/B | 1.93x | 6.68x |
| Dividend Yield | 3.85% | 2.38% |
| Beta | 0.63 | 0.26 |
Quantitative Metrics
| Metric | MDT | JNJ |
|---|---|---|
| DCF Fair Value | $38.30 | $134.24 |
| DCF Upside | -56.5% | -43.6% |
| Piotroski F | 6/9 | 4/9 |
| Altman Z | 2.77 | 3.97 |
| Beneish M | -2.58 | -2.27 |
| FCF Yield | 3.83% | 3.25% |
| Net Debt/EBITDA | 2.5x | 0.5x |
| ROIC | 6.4% | 18.3% |
| WACC | 8.5% | 7.7% |
| ROIC – WACC | -2.2pp | 10.5pp |
| Gross Margin | 65.3% | 67.9% |
| Net Margin | 13.9% | 28.5% |
| Rev Growth YoY | 3.6% | 6.0% |
| Sharpe (1Y) | 0.13 | 2.69 |
| Max Drawdown 3Y | — | -16.0% |
| FCF Payout Ratio | 69% | 64% |
MDT Price
JNJ Price
ETF Exposure
MDT found in:
JNJ found in:
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Quant metrics computed from financial statements and 1,200+ trading days. Correlation is Pearson coefficient on daily log returns. Not investment advice.
MDT vs JNJ: Head-to-Head Analysis
Medtronic plc (MDT) and Johnson & Johnson (JNJ) represent two companies in the Healthcare sector. In our quantitative Tale of the Tape scoring, JNJ leads 5–4 across nine fundamental and risk metrics including profitability, valuation, capital efficiency, and financial health.
In terms of capital efficiency, MDT generates a return on invested capital (ROIC) of 6.4% compared to JNJ's 18.3%. This suggests JNJ is more effective at deploying capital to generate shareholder returns.
The 252-day rolling correlation between MDT and JNJ is 0.342, indicating moderate co-movement, with some diversification value from holding both in a portfolio context.
MDT appears in 24 ETFs tracked by SecuritiesDB, while JNJ appears in 39 ETFs. Investors holding broad-market ETFs may already have indirect exposure to both stocks.
Frequently Asked Questions
Which stock is the better investment, MDT or JNJ?
Our quantitative analysis compares MDT and JNJ across nine fundamental dimensions. JNJ wins the Tale of the Tape 5–4. However, stock selection depends on your individual risk tolerance, time horizon, and portfolio context. These metrics are computed from SEC filings and market data — they are not investment recommendations.
Are MDT and JNJ correlated?
The 252-day correlation between MDT and JNJ is 0.342. They show moderate correlation — partially diversifying.
How is the Tale of the Tape scored?
The Tale of the Tape compares both stocks across nine categories: profitability (net margin), valuation (P/E), efficiency (ROIC), health (Piotroski F-Score), safety (Altman Z-Score), growth (revenue YoY), risk (Sharpe ratio), leverage (debt-to-equity), and cash generation (FCF yield). The stock that wins more categories takes the overall score. Lower P/E and lower debt-to-equity count as wins.