Meiragtx Holdings Plc Stock Gross Profit

MGTX Stock

USD 5.93 0.01 0.17%

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
Gross Profit	287 K	272.6 K
Gross Profit Margin	0.02	0.02

Gross Profit is likely to drop to about 272.6 K in 2024. Gross Profit Margin is likely to drop to 0.02 in 2024.

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MeiraGTx Holdings PLC Company Gross Profit Analysis

MeiraGTx Holdings' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

Revenue

-

Cost of Revenue

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Current MeiraGTx Holdings Gross Profit

15.92 M

Most of MeiraGTx Holdings' fundamental indicators, such as Gross Profit, 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 Gross Profit 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 Gross Profit. 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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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Competition

Predict MeiraGTx Holdings

Gross Profit Over Time

According to the company disclosure, MeiraGTx Holdings PLC reported 15.92 M of gross profit. This is 99.29% lower than that of the Biotechnology sector and 98.33% lower than that of the Health Care industry. The gross profit for all United States stocks is 99.94% higher than that of the company.

MeiraGTx Gross Profit 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 Gross Profit 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 gross profit 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	427.31 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	4.84 X
	Price To Sales	57.06 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	(1.20) X
	Price To Earnings To Growth	(1.28) X
	Target Price	23.25
	Number Of Employees	387
	Beta	1.25
	Market Capitalization	463.45 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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