STE
Steris plc Healthcare - Medical Equipment Investor Relations →
Steris plc (STE) closed at $202.61 as of 2026-06-19, trading 6.2% below its 200-week moving average of $216.00. This places STE in the deep value zone. The stock is currently moving closer to the line, down from -4.2% last week. The 14-week RSI sits at 40, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.11 ratio) is neutral — neither side is clearly dominating.
Over the past 1728 weeks of data, STE has crossed below its 200-week moving average 24 times. On average, these episodes lasted 9 weeks. Historically, investors who bought STE at the start of these episodes saw an average one-year return of +24.5%.
With a market cap of $19.7 billion, STE is a large-cap stock. The company generates a free cash flow yield of 4.2%. Return on equity stands at 11.4%. The stock trades at 2.8x book value.
Over the past 33.2 years, a hypothetical investment of $100 in STE would have grown to $6688, compared to $2995 for the S&P 500. That represents an annualized return of 13.5% vs 10.8% for the index — confirming STE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 35% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: STE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After STE Crosses Below the Line?
Across 24 historical episodes, buying STE when it crossed below its 200-week moving average produced an average return of +19.8% after 12 months (median +23.0%), compared to +11.5% for the S&P 500 over the same periods. 91% of those episodes were profitable after one year. After 24 months, the average return was +35.6% vs +32.7% for the index.
Each line shows $100 invested at the moment STE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices STE would reach each dislocation threshold.
Dislocation Price Levels
Prices where STE's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-08-05.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $193.51 | Unusually cheap — potential buy zone |
| Value | +1σ | $203.22 | Cheap vs. own history |
| Fair Value | +0σ | $213.95 | Historical mean behavior |
| Expensive | -1σ | $225.88 | Expensive vs. own history |
| Deep Expensive | -2σ | $239.23 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from STE's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
STE has crossed below its 200-week MA 24 times with an average 1-year return of +24.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1999 | Jun 2001 | 113 | 59.7% | -49.3% | +1477.8% |
| Sep 2001 | Oct 2001 | 4 | 19.8% | +42.3% | +1717.4% |
| Dec 2001 | Jan 2002 | 8 | 12.4% | +37.1% | +1492.2% |
| Feb 2002 | Feb 2002 | 1 | 1.3% | +30.0% | +1431.2% |
| Jul 2002 | Jul 2002 | 1 | 2.1% | +35.6% | +1533.0% |
| Jul 2004 | Aug 2004 | 2 | 4.6% | +32.4% | +1262.2% |
| Oct 2004 | Nov 2004 | 7 | 7.0% | +10.7% | +1214.9% |
| Oct 2005 | Oct 2005 | 3 | 2.9% | +6.2% | +1131.0% |
| Apr 2006 | Sep 2006 | 20 | 8.6% | +15.9% | +1109.0% |
| Feb 2008 | Mar 2008 | 4 | 6.1% | +22.2% | +1083.5% |
| Dec 2008 | Jan 2009 | 6 | 13.6% | +20.8% | +996.5% |
| Feb 2009 | Jul 2009 | 20 | 21.8% | +47.8% | +1076.8% |
| Aug 2011 | Aug 2011 | 1 | 0.8% | +22.9% | +760.7% |
| Sep 2011 | Oct 2011 | 3 | 1.1% | +29.3% | +759.2% |
| Nov 2011 | Nov 2011 | 2 | 5.2% | +17.6% | +756.5% |
| Dec 2011 | Dec 2011 | 1 | 2.7% | +21.8% | +765.3% |
| Jan 2012 | Jan 2012 | 1 | 3.1% | +29.8% | +763.8% |
| May 2012 | Jun 2012 | 3 | 1.1% | +61.9% | +727.2% |
| Sep 2022 | Nov 2022 | 9 | 7.8% | +35.2% | +25.4% |
| Mar 2023 | Mar 2023 | 2 | 3.3% | +32.9% | +17.6% |
| Apr 2024 | Apr 2024 | 1 | 0.8% | +12.5% | +3.6% |
| Dec 2024 | Jan 2025 | 5 | 2.7% | +23.5% | -1.1% |
| Mar 2026 | Mar 2026 | 1 | 0.7% | N/A | -5.3% |
| Apr 2026 | Ongoing | 8+ | 6.2% | Ongoing | -5.2% |
| Average | 9 | — | +24.5% | — |
Frequently Asked Questions
Is STE below its 200-week moving average?
Yes. As of 2026-06-19, Steris plc (STE) is trading 6.2% below its 200-week moving average of $216.00. The current price is $202.61.
What is STE's 200-week moving average price?
Steris plc's 200-week moving average is $216.00 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when STE drops below its 200-week moving average?
STE has crossed below its 200-week moving average 24 times in our data. On average, buying at that moment produced a one-year return of +24.5%. These dips have historically been decent entry points. These episodes lasted 9 weeks on average.
Is STE a good value right now?
Here's what our data says about STE as of 2026-06-19: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 40. Free cash flow yield is 4.2%. Return on equity is 11.4%. Price-to-book is 2.8x. This is not a buy or sell recommendation — always do your own research.
How does STE compare to the S&P 500?
Over the past 33.2 years, $100 invested in STE would have grown to $6688, compared to $2995 for the S&P 500. That's 13.5% annualized vs 10.8% for the index. STE has outperformed the broader market over this period.
Does STE pay a dividend?
Yes. Steris plc currently pays a dividend yield of 122.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19