Zimmer Biomet Holdings, Inc. (ZBH) Fair Value 2026

ZBH · Medical Devices ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.4 /10

32 fundamental signals · 11 models active

Value Trap Risk

LOW (25/100)

Quick Summary — As of 2026-08-31, Zimmer Biomet Holdings, Inc. (ZBH) trades at $100.04, versus a $92.23 median fair value across its 11 active models — 7.8% below the current price. QOC: 8.4/10. Value Trap Risk: 25/100 (LOW). 11/13 models active. Within that set, the Bayesian DCF component alone returns $101.99.

Key Facts

Ticker
ZBH
Price
$100.04
Quality Score
8.4/10
Value Trap Risk
25/100
Models Active
11/13
Last Updated
Strength: Bayesian DCF suggests +1.9% upside with 73% confidence
Risk: Majority of models suggest overvaluation

Is Zimmer Biomet Holdings, Inc. (ZBH) Undervalued or Overvalued in 2026?

According to CirclFi’s 11-model valuation engine, Zimmer Biomet Holdings, Inc. (ZBH) appears fairly valued as of : the median of 11 independent fair value estimates is $92.23, within 7.8% of the current price of $100.04. Estimates range from $37.34 to $274.24. ZBH scores 8.4/10 on fundamental quality and 25/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.1% versus its own 13-model consensus, across 3,804 rated companies as of 2026-08-31. ZBH’s -7.8% gap is narrower than that market norm, and the Medical Devices sector median is -42.6%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Zimmer Biomet Holdings, Inc. Stock in 2026? →

What Fair Value Does Each Model Give ZBH?

11 Intrinsic Value Models vs. Current Price ($100.04)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $101.99 +1.9%
Intrinsic · High Conviction
 $37.34 -62.7%
Ensemble · Low Conviction
 $88.08 -12.0%
Intrinsic · High Conviction
 $64.01 -36.0%
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What Is ZBH's Fair Value Range?

Spread across 11 independent models · $37.34 to $274.24

CirclFi's 11 active models place Zimmer Biomet Holdings, Inc. (ZBH) between $37.34 and $274.24 per share, a spread of 257% of the median. The median of that range — $92.23 — is the fair value CirclFi publishes for ZBH, against a current price of $100.04.

Low · EPVHigh · Regime Cross
$37.34median $92.23$274.24
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$37.34
Most bullish modelRegime Cross-Sectional$274.24
Model agreement4 bullish · 6 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for ZBH. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on ZBH, not a CirclFi price target. How each model works →

What Is Zimmer Biomet Holdings, Inc. (ZBH) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Zimmer Biomet Holdings, Inc.'s intrinsic value is estimated at a median $92.23, showing conflicting signals at the current price of $100.04. While the median implied return is -7.8%, model disagreement is elevated with a gap of +236.8% between the most bullish and bearish estimates. The most optimistic model, Regime Cross, places fair value at $274.24 (+174.1%), while EPV — the most conservative — estimates $37.34 (-62.7%). This +236.8% gap reflects genuine analytical uncertainty about Zimmer Biomet Holdings, Inc.'s intrinsic worth. Among models with highest confidence, Bayesian DCF, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About ZBH?

11 of 13 models are currently active for ZBH. Of these, 5 models suggest upside while 6 models suggest overvaluation. Taken together, their median fair value for ZBH is $92.23 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $101.99 on its own, implying +1.9% upside from the current price. See which stocks rank higher →

How Does ZBH Rank in Medical Devices?

Among 159 Medical Devices stocks, ZBH ranks #21 by Quality of Company score. CirclFi's QOC score of 8.4/10 evaluates 32 fundamental signals. A score of 8.4 places ZBH in the top tier.

See all Most Undervalued Medical Devices Stocks →

The Medical Devices sector introduces analytical considerations specific to pharmaceutical industry businesses. For Zimmer Biomet Holdings, Inc., metrics like biosimilar competition timeline provide important context that general-purpose valuation models may underweight.

Is ZBH a Value Trap?

CirclFi's Value Trap algorithm assigns ZBH a score of 25/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

11 of 13 models are active for Zimmer Biomet Holdings, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Zimmer Biomet Holdings, Inc. earns a quality score of 8.4/10. This robust rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +236.8% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every ZBH valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across ZBH's 11 active models, average confidence is 54%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Zimmer Biomet Holdings, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Medical Devices Stocks Should You Also Analyze?

11 related Medical Devices stocks with 13-model coverage

XTNTXtant Medical Holdings, Inc.QOC 8.4HAEHaemonetics CorporationQOC 8.3CNMDCONMED CorporationQOC 8.5USAQQHSLab, Inc.QOC 8.2INMDInMode Ltd.QOC 8.5MDNCMedinotec Inc.QOC 8.2GKOSGlaukos CorporationQOC 6.7CODXCo-Diagnostics, Inc.QOC 5.8PMIPicard Medical, Inc.QOC 4.4IRMDIRADIMED CORPORATIONQOC 9.8PODDInsulet CorporationQOC 9.6

Read investment analysis: XTNT · HAE · CNMD · USAQ · INMD · MDNC · GKOS · CODX · PMI · IRMD · PODD

Which Other Stocks Have a Similar Quality Score to ZBH?

7 companies across all industries closest to ZBH’s Quality of Company score of 8.4/10.

GICGlobal Industrial CompanyQOC 8.4RIGLRigel Pharmaceuticals, Inc.QOC 8.4GDYNGrid Dynamics Holdings, Inc.QOC 8.4OPCHOption Care Health, Inc.QOC 8.4DHID.R. Horton, Inc.QOC 8.4NJRNew Jersey Resources CorporationQOC 8.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: GIC · RIGL · GDYN · OPCH · DHI · NJR · NVDA

Where Does ZBH Sit in CirclFi's Medical Devices Rankings?

ZBH is ranked against every other Medical Devices stock CirclFi covers in each of these screens.

See all Medical Devices stocks ranked →

What Else Do Investors Ask About Zimmer Biomet Holdings, Inc.’s Valuation?

What is Zimmer Biomet Holdings, Inc.'s intrinsic value in 2026?

CirclFi puts Zimmer Biomet Holdings, Inc. (ZBH)'s intrinsic value at $92.23 — the median of 11 independent model estimates as of 2026-08-31, ranging from $37.34 to $274.24. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $101.99 on its own. The Quality of Company score is 8.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is ZBH overvalued or undervalued right now?

At $100.04, 5 of 11 active models suggest ZBH may be undervalued, while 6 indicate potential overvaluation. The median of all 11 fair value estimates is $92.23, within 7.8% of the current price of $100.04 — a consensus view that ZBH is fairly valued. The assessment depends on which methodology best fits Zimmer Biomet Holdings, Inc.'s business model in Medical Devices.

What does a Quality of Company score of 8.4 mean for ZBH?

Zimmer Biomet Holdings, Inc.'s QOC of 8.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on ZBH?

CirclFi analyzes ZBH with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 11 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on ZBH?

Of the 11 models currently active on ZBH, Regime Cross-Sectional is the most bullish at $274.24 per share, and Earnings Power Value (EPV) is the most bearish at $37.34. CirclFi's published fair value for ZBH is the median of that range, $92.23, not either extreme. The gap between the two ends equals 257% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is ZBH a value trap in 2026?

Zimmer Biomet Holdings, Inc.'s Value Trap score is 25/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 11-model valuation engine, Zimmer Biomet Holdings, Inc. (ZBH) has a median fair value of $92.23 — within 7.8% of the current price of $100.04 — as of 2026-08-31.” Source: circlfi.com/stock/ZBH/ · Methodology
Primary sources for this ZBH valuation
  • Financial statements: Zimmer Biomet Holdings, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001136869) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for ZBH as of ; valuations recomputed .

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