Comparing Guidant and Medtronic

August 18, 2003 Data

. GDT MDT
Price/Share $47.07 $51.37
Sales, millions 3415 7309
Sales/Employee, thous. 342 244
Net Margin, % 17 19
Return on Equity, % 23 19
Return on Assets, % 15 12
Current Ratio 2.7 2.6
LT Liab/ Liab+Equity, % 18 25
Free Cash Flow/ Sales, % 25 20
Earnings/Share (Est.) 2.21 1.88
Price/Book 6 8
Price/Sales 4 9
Price/ Est Earnings 21 27

All values are based on information in Morningstar Quicktake Reports.

The estimated values of P/E are for the latest fiscal year listed by Morningstar.

See the complete reports for GDT and MDT to verify the accuracy of values summarized in the above table.