Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2024 · View financials
Decision snapshot: PHG stock price vs X: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at X's multiple
Needs X P/E.
Implied fair value · at PHG's multiple
Needs PHG P/E.
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Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: PHG FY 2025 (ended Dec 31, 2025) · X FY 2024 (ended Dec 31, 2024). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
KONINKLIJKE PHILIPS NV · implied price per share
Bear
-$9.17
Base
-$10.79
Bull
-$12.41
United States Steel Corp · implied price per share
Bear
-$19.82
Base
-$23.32
Bull
-$26.82
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
—
0.36x
Net debt / EBITDA
Leverage against operating earnings
11.03x
5.21x
Cash and equivalents
Liquid reserves on the balance sheet
$2.79B
$1.37B
Total debt
Interest-bearing obligations outstanding
$15.86B
$4.11B
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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PHG vs CLF
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PHG vs HCC
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LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe PHG can sustain its superior margins and keep leverage from worsening, then PHG is the better relative-quality choice versus X because PHG combines stronger profitability and milder revenue decline with a more defensible business model, even though its valuation is not cheap.
PHG trades on a clear valuation premium versus the low-quality X profile implied by X's weak operating metrics, but the comparison is limited because X has no listed P/E or revenue-multiple valuation data. PHG's current pricing is also close to the upper end of its historical band, which suggests the market is already paying for some of the relative quality gap.
Supporting Metrics
