IRadimed Corp (NASDAQ:IRMD)

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Price: 54.21 USD 0.26%

Market Cap: 686.8m USD

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Section:

Relative Value

The Relative Value of one IRMD stock under the Base Case scenario is 41.54 USD. Compared to the current market price of 54.21 USD, IRadimed Corp is Overvalued by 23%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

IRMD Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

9.6

P/S

vs History	22
vs Industry	16

Median 5Y

8.6

Industry

2.3

Forward

9.2

More Details

36.9

P/E

vs History	46
vs Industry	17

Median 5Y

36.7

Industry

23.1

Forward

32.1

More Details

29.2

P/OCF

vs History	77
vs Industry	7

Median 5Y

39.8

Industry

14.2

More Details

P/FCFE

vs History	66
vs Industry	10

Median 5Y

47.6

Industry

20.1

More Details

8.2

P/B

vs History	6
vs Industry	9

Median 5Y

6.4

Industry

2.2

More Details

8.9

EV/S

vs History	17
vs Industry	15

Median 5Y

7.5

Industry

2.4

Forward

8.6

More Details

11.5

EV/GP

vs History	17
vs Industry	21

Median 5Y

9.9

Industry

More Details

28.7

EV/EBITDA

vs History	41
vs Industry	13

Median 5Y

27.4

Industry

12.7

Forward

28.1

More Details

29.8

EV/EBIT

vs History	39
vs Industry	18

Median 5Y

27.5

Industry

17.1

Forward

26.9

More Details

EV/OCF

vs History	73
vs Industry	9

Median 5Y

Industry

More Details

EV/FCFF

vs History	58
vs Industry	9

Median 5Y

41.5

Industry

More Details

15.4

EV/IC

vs History	25
vs Industry	7

Median 5Y

13.6

Industry

1.9

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

		Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
US	IRadimed Corp NASDAQ:IRMD	686.8m USD	9.6	36.9	28.7	29.8
US	Abbott Laboratories NYSE:ABT	199B USD	4.8	34.5	20	29.3
US	Intuitive Surgical Inc NASDAQ:ISRG	191.3B USD	24.3	85.3	72.8	90.4
US	Stryker Corp NYSE:SYK	141.3B USD	6.4	39.4	25.6	31
US	Boston Scientific Corp NYSE:BSX	134.2B USD	8.4	74.8	34.3	49
IE	Medtronic PLC NYSE:MDT	104.6B USD	3.2	24.4	13.6	19.3
US	Becton Dickinson and Co NYSE:BDX	65.6B USD	3.3	38	15.7	28.2
DE	Siemens Healthineers AG XETRA:SHL	58.1B EUR	2.6	31.2	17.7	25.8
US	Edwards Lifesciences Corp NYSE:EW	44.5B USD	7.9	10.7	23.8	26.1
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	311.1B CNY	8.4	25.1	21.8	21.8
US	GE Healthcare Technologies Inc NASDAQ:GEHC	36.1B USD	1.8	21.6	13.5	16.7

			Revenue Growth	P/S to Growth
US	IRadimed Corp NASDAQ:IRMD	Average P/S: 7.3 9.6	54%	0.2
US	Abbott Laboratories NYSE:ABT	4.8	22%	0.2
US	Intuitive Surgical Inc NASDAQ:ISRG	24.3	58%	0.4
US	Stryker Corp NYSE:SYK	6.4	30%	0.2
US	Boston Scientific Corp NYSE:BSX	8.4	46%	0.2
IE	Medtronic PLC NYSE:MDT	3.2	15%	0.2
US	Becton Dickinson and Co NYSE:BDX	3.3	20%	0.2
DE	Siemens Healthineers AG XETRA:SHL	2.6	18%	0.1
US	Edwards Lifesciences Corp NYSE:EW	7.9	11%	0.7
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	8.4	64%	0.1
US	GE Healthcare Technologies Inc NASDAQ:GEHC	1.8	11%	0.2

			Earnings Growth	P/E to Growth
US	IRadimed Corp NASDAQ:IRMD	Average P/E: 38.3 36.9	62%	0.6
US	Abbott Laboratories NYSE:ABT	34.5	75%	0.5
US	Intuitive Surgical Inc NASDAQ:ISRG	85.3	86%	1
US	Stryker Corp NYSE:SYK	39.4	81%	0.5
US	Boston Scientific Corp NYSE:BSX	74.8	202%	0.4
IE	Medtronic PLC NYSE:MDT	24.4	122%	0.2
US	Becton Dickinson and Co NYSE:BDX	38	222%	0.2
DE	Siemens Healthineers AG XETRA:SHL	31.2	114%	0.3
US	Edwards Lifesciences Corp NYSE:EW	10.7	20%	0.5
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	25.1	66%	0.4
US	GE Healthcare Technologies Inc NASDAQ:GEHC	21.6	75%	0.3

			EBITDA Growth	EV/EBITDA to Growth
US	IRadimed Corp NASDAQ:IRMD	Average EV/EBITDA: 26.1 28.7	N/A	N/A
US	Abbott Laboratories NYSE:ABT	20	32%	0.6
US	Intuitive Surgical Inc NASDAQ:ISRG	72.8	112%	0.6
US	Stryker Corp NYSE:SYK	25.6	42%	0.6
US	Boston Scientific Corp NYSE:BSX	34.3	76%	0.5
IE	Medtronic PLC NYSE:MDT	13.6	29%	0.5
US	Becton Dickinson and Co NYSE:BDX	15.7	35%	0.4
DE	Siemens Healthineers AG XETRA:SHL	17.7	53%	0.3
US	Edwards Lifesciences Corp NYSE:EW	23.8	10%	2.4
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	21.8	70%	0.3
US	GE Healthcare Technologies Inc NASDAQ:GEHC	13.5	41%	0.3

			EBIT Growth	EV/EBIT to Growth
US	IRadimed Corp NASDAQ:IRMD	Average EV/EBIT: 33.4 29.8	79%	0.4
US	Abbott Laboratories NYSE:ABT	29.3	71%	0.4
US	Intuitive Surgical Inc NASDAQ:ISRG	90.4	132%	0.7
US	Stryker Corp NYSE:SYK	31	61%	0.5
US	Boston Scientific Corp NYSE:BSX	49	137%	0.4
IE	Medtronic PLC NYSE:MDT	19.3	61%	0.3
US	Becton Dickinson and Co NYSE:BDX	28.2	110%	0.3
DE	Siemens Healthineers AG XETRA:SHL	25.8	104%	0.2
US	Edwards Lifesciences Corp NYSE:EW	26.1	9%	2.9
CN	Shenzhen Mindray Bio-Medical Electronics Co Ltd SZSE:300760	21.8	61%	0.4
US	GE Healthcare Technologies Inc NASDAQ:GEHC	16.7	52%	0.3

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

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IRadimed Corp
NASDAQ:IRMD

Relative Value

Valuation Multiples

Multiples Across Competitors

IRMD Competitors Multiples
IRadimed Corp Competitors

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52 Week Range	40.36 57.1909
Price Target

IRadimed Corp NASDAQ:IRMD

Relative Value

Valuation Multiples

Multiples Across Competitors

IRMD Competitors Multiples IRadimed Corp Competitors

See Also

Company

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IRadimed Corp
NASDAQ:IRMD

IRMD Competitors Multiples
IRadimed Corp Competitors