Meiragtx Holdings Plc Stock Cash Per Share

MGTX Stock

USD 5.92 0.10 1.72%

MeiraGTx Holdings PLC fundamentals help investors to digest information that contributes to MeiraGTx Holdings' financial success or failures. It also enables traders to predict the movement of MeiraGTx Stock. The fundamental analysis module provides a way to measure MeiraGTx Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MeiraGTx Holdings stock.

		Last Reported	Projected for Next Year
	Cash Per Share	2.29	2.58

Cash Per Share is likely to rise to 2.58 in 2024.

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MeiraGTx Holdings PLC Company Cash Per Share Analysis

MeiraGTx Holdings' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current MeiraGTx Holdings Cash Per Share

1.61 X

Most of MeiraGTx Holdings' fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MeiraGTx Holdings PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

MeiraGTx Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for MeiraGTx Holdings is extremely important. It helps to project a fair market value of MeiraGTx Stock properly, considering its historical fundamentals such as Cash Per Share. Since MeiraGTx Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MeiraGTx Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MeiraGTx Holdings' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Long Term Debt Total	Capital Surpluse	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Net Receivables	Deferred Long Term Liab	Capital Stock	Intangible Assets
Total Assets		0.96	0.96	0.76	-0.71	-0.85	0.78	0.54	0.53	0.97	0.9	0.81	0.96	0.8	0.96	0.84	0.99	0.9	0.97	0.46	0.9	0.75
Total Stockholder Equity	0.96		1.0	0.81	-0.84	-0.73	0.63	0.36	0.36	0.9	0.74	0.77	0.98	0.66	0.9	0.73	0.97	0.96	0.95	0.51	0.78	0.76
Net Tangible Assets	0.96	1.0		0.82	-0.84	-0.73	0.62	0.35	0.35	0.9	0.74	0.77	0.98	0.66	0.89	0.72	0.97	0.96	0.94	0.52	0.77	0.76
Current Deferred Revenue	0.76	0.81	0.82		-0.86	-0.38	0.45	-0.03	-0.05	0.66	0.55	0.7	0.83	0.55	0.64	0.43	0.74	0.83	0.78	0.68	0.45	0.65
Net Debt	-0.71	-0.84	-0.84	-0.86		0.27	-0.18	0.14	0.13	-0.56	-0.39	-0.52	-0.87	-0.26	-0.54	-0.29	-0.7	-0.91	-0.76	-0.68	-0.35	-0.53
Retained Earnings	-0.85	-0.73	-0.73	-0.38	0.27		-0.89	-0.88	-0.88	-0.91	-0.89	-0.8	-0.7	-0.83	-0.92	-0.97	-0.86	-0.62	-0.77	-0.12	-0.96	-0.58
Accounts Payable	0.78	0.63	0.62	0.45	-0.18	-0.89		0.73	0.71	0.87	0.9	0.76	0.58	0.96	0.88	0.92	0.76	0.46	0.7	0.21	0.93	0.66
Long Term Debt	0.54	0.36	0.35	-0.03	0.14	-0.88	0.73		1.0	0.64	0.74	0.55	0.35	0.64	0.65	0.79	0.56	0.27	0.45	-0.25	0.76	0.26
Long Term Debt Total	0.53	0.36	0.35	-0.05	0.13	-0.88	0.71	1.0		0.63	0.73	0.55	0.35	0.62	0.64	0.79	0.55	0.27	0.45	-0.25	0.76	0.25
Capital Surpluse	0.97	0.9	0.9	0.66	-0.56	-0.91	0.87	0.64	0.63		0.91	0.82	0.86	0.85	1.0	0.88	0.97	0.79	0.88	0.34	0.95	0.71
Total Liab	0.9	0.74	0.74	0.55	-0.39	-0.89	0.9	0.74	0.73	0.91		0.74	0.77	0.89	0.9	0.87	0.85	0.67	0.84	0.29	0.94	0.63
Short Long Term Debt	0.81	0.77	0.77	0.7	-0.52	-0.8	0.76	0.55	0.55	0.82	0.74		0.75	0.69	0.83	0.78	0.85	0.74	0.75	0.3	0.74	0.54
Total Current Assets	0.96	0.98	0.98	0.83	-0.87	-0.7	0.58	0.35	0.35	0.86	0.77	0.75		0.62	0.85	0.68	0.95	0.99	0.96	0.54	0.74	0.7
Short Term Debt	0.8	0.66	0.66	0.55	-0.26	-0.83	0.96	0.64	0.62	0.85	0.89	0.69	0.62		0.86	0.89	0.76	0.5	0.76	0.33	0.89	0.74
Common Stock	0.96	0.9	0.89	0.64	-0.54	-0.92	0.88	0.65	0.64	1.0	0.9	0.83	0.85	0.86		0.91	0.97	0.78	0.87	0.35	0.95	0.71
Property Plant Equipment	0.84	0.73	0.72	0.43	-0.29	-0.97	0.92	0.79	0.79	0.88	0.87	0.78	0.68	0.89	0.91		0.84	0.6	0.79	0.31	0.95	0.61
Net Invested Capital	0.99	0.97	0.97	0.74	-0.7	-0.86	0.76	0.56	0.55	0.97	0.85	0.85	0.95	0.76	0.97	0.84		0.91	0.94	0.4	0.88	0.73
Net Working Capital	0.9	0.96	0.96	0.83	-0.91	-0.62	0.46	0.27	0.27	0.79	0.67	0.74	0.99	0.5	0.78	0.6	0.91		0.92	0.53	0.65	0.64
Net Receivables	0.97	0.95	0.94	0.78	-0.76	-0.77	0.7	0.45	0.45	0.88	0.84	0.75	0.96	0.76	0.87	0.79	0.94	0.92		0.53	0.83	0.79
Deferred Long Term Liab	0.46	0.51	0.52	0.68	-0.68	-0.12	0.21	-0.25	-0.25	0.34	0.29	0.3	0.54	0.33	0.35	0.31	0.4	0.53	0.53		0.24	0.26
Capital Stock	0.9	0.78	0.77	0.45	-0.35	-0.96	0.93	0.76	0.76	0.95	0.94	0.74	0.74	0.89	0.95	0.95	0.88	0.65	0.83	0.24		0.69
Intangible Assets	0.75	0.76	0.76	0.65	-0.53	-0.58	0.66	0.26	0.25	0.71	0.63	0.54	0.7	0.74	0.71	0.61	0.73	0.64	0.79	0.26	0.69

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MeiraGTx Cash Per Share Historical Pattern

Today, most investors in MeiraGTx Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MeiraGTx Holdings' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MeiraGTx Holdings cash per share as a starting point in their analysis.

MeiraGTx Holdings Cash Per Share

Timeline

Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Competition

Predict MeiraGTx Holdings

Cash Per Share Over Time

MeiraGTx Common Stock Shares Outstanding

Common Stock Shares Outstanding

36.22 Million

At this time, MeiraGTx Holdings' Common Stock Shares Outstanding is fairly stable compared to the past year.

In accordance with the recently published financial statements, MeiraGTx Holdings PLC has a Cash Per Share of 1.61 times. This is 62.99% lower than that of the Biotechnology sector and 62.82% lower than that of the Health Care industry. The cash per share for all United States stocks is 67.86% higher than that of the company.

MeiraGTx Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MeiraGTx Holdings' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MeiraGTx Holdings could also be used in its relative valuation, which is a method of valuing MeiraGTx Holdings by comparing valuation metrics of similar companies.

MeiraGTx Holdings is currently under evaluation in cash per share category among its peers.

MeiraGTx Holdings Current Valuation Drivers

We derive many important indicators used in calculating different scores of MeiraGTx Holdings from analyzing MeiraGTx Holdings' financial statements. These drivers represent accounts that assess MeiraGTx Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MeiraGTx Holdings' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	663.9M	571.1M	1.0B	294.6M	396.5M	420.9M
Enterprise Value	459.8M	383.9M	933.9M	271.3M	356.2M	336.0M

MeiraGTx Holdings ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MeiraGTx Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MeiraGTx Holdings' managers, analysts, and investors.

Environmental

Governance

Social

MeiraGTx Fundamentals

	Return On Equity	-0.92
	Return On Asset	-0.37
	Operating Margin	(162.80) %
	Current Valuation	418.71 M
	Shares Outstanding	78.15 M
	Shares Owned By Insiders	24.24 %
	Shares Owned By Institutions	55.12 %
	Number Of Shares Shorted	1.66 M
	Price To Earning	(1.93) X
	Price To Book	4.75 X
	Price To Sales	57.54 X
	Revenue	14.02 M
	Gross Profit	15.92 M
	EBITDA	(57.05 M)
	Net Income	(84.03 M)
	Cash And Equivalents	72.11 M
	Cash Per Share	1.61 X
	Total Debt	89.26 M
	Debt To Equity	0.16 %
	Current Ratio	1.55 X
	Book Value Per Share	2.17 X
	Cash Flow From Operations	(105.36 M)
	Short Ratio	4.86 X
	Earnings Per Share	(1.17) X
	Price To Earnings To Growth	(1.28) X
	Target Price	23.25
	Number Of Employees	387
	Beta	1.25
	Market Capitalization	467.36 M
	Total Asset	326.74 M
	Retained Earnings	(554.23 M)
	Working Capital	92.54 M
	Current Asset	15.48 M
	Current Liabilities	11.6 M
	Net Asset	326.74 M

About MeiraGTx Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MeiraGTx Holdings PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MeiraGTx Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MeiraGTx Holdings PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for MeiraGTx Stock Analysis

When running MeiraGTx Holdings' price analysis, check to measure MeiraGTx Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MeiraGTx Holdings is operating at the current time. Most of MeiraGTx Holdings' value examination focuses on studying past and present price action to predict the probability of MeiraGTx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MeiraGTx Holdings' price. Additionally, you may evaluate how the addition of MeiraGTx Holdings to your portfolios can decrease your overall portfolio volatility.

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