WinstonWınston
Back
Koninklijke Philips N.V. logo

Koninklijke Philips N.V.

PHIA.AS
59
Medical - Devices · Healthcare
Exchange
Euronext Amsterdam
Winston Score
59
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Good
Growth
Good
Cash Flow
Strong
Stability
Good
Valuation
Strong
Dividends
Good

Winston Score History

The full picture

Philips is a Dutch healthcare technology company that makes medical equipment and software used in hospitals and clinics around the world. Its main products include MRI and CT scanners, patient monitoring systems, ultrasound machines, and tools used in minimally invasive surgery. It also sells connected care software that helps doctors track and manage patients remotely.

Philips earns money by selling medical devices and through long-term service contracts and software subscriptions that provide recurring revenue. The company operates globally, with strong presence in North America, Europe, and Asia, and generates roughly €18 billion in annual sales. Its deep relationships with large hospital systems and the high cost of switching equipment give it a degree of customer stickiness. However, Philips is still recovering from a massive recall of its sleep apnea devices, which cost billions in settlements and damaged its reputation — how well it rebuilds trust and restores growth in that segment remains the central challenge facing the business.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
49.3%
Healthy — 49.3% gross margin
Profit after running costs
Operating Margin
14.0%
Healthy — 14.0% operating margin
Return on the money invested
ROCE
9.5%
Below par — 9.5% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-1.1%
Shrinking sales (-1.1% YoY)
Profit growth
EPS YoY
+579.4%
Earnings growing fast (+579.4% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
205%
Turns 205% of profit into real cash
Spare cash per sale
FCF Margin
10.8%
Modest free cash flow (10.8%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.65
Moderate — manageable debt (0.65)
Covers its interest
Interest Cover
5.22x
Adequate interest coverage (5.2x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
20.1x
no trend
Growth-priced — P/E 20.1

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+7.7
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (20.1 → 12.4)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
3.59%
no trend
Moderate income — 3.59% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
+3.9%
no trend
Dividend growing modestly (3.9% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial