Orthofix Medical Stock Beta
| OFIX Stock | USD 19.04 0.13 0.69% |
Orthofix Medical fundamentals help investors to digest information that contributes to Orthofix Medical's financial success or failures. It also enables traders to predict the movement of Orthofix Stock. The fundamental analysis module provides a way to measure Orthofix Medical's 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 Orthofix Medical stock.
Orthofix | Beta |
Orthofix Medical Company Beta Analysis
Orthofix Medical's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Orthofix Medical Beta | 1.05 |
Most of Orthofix Medical's fundamental indicators, such as Beta, 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, Orthofix Medical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Orthofix Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Orthofix Medical is extremely important. It helps to project a fair market value of Orthofix Stock properly, considering its historical fundamentals such as Beta. Since Orthofix Medical's 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 Orthofix Medical's 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 Orthofix Medical's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Orthofix Medical has a Beta of 1.053. This is 22.44% higher than that of the Health Care Equipment & Supplies sector and about the same as Health Care (which currently averages 1.04) industry. The beta for all United States stocks is notably lower than that of the firm.
Orthofix Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Orthofix Medical's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Orthofix Medical could also be used in its relative valuation, which is a method of valuing Orthofix Medical by comparing valuation metrics of similar companies.Orthofix Medical is currently under evaluation in beta category among its peers.
Orthofix Medical Current Valuation Drivers
We derive many important indicators used in calculating different scores of Orthofix Medical from analyzing Orthofix Medical's financial statements. These drivers represent accounts that assess Orthofix Medical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Orthofix Medical's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 873.0M | 828.1M | 612.2M | 411.7M | 495.1M | 426.2M | |
| Enterprise Value | 824.2M | 756.8M | 546.8M | 380.9M | 591.6M | 441.2M |
Orthofix Medical 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, Orthofix Medical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Orthofix Medical's managers, analysts, and investors.Environmental | Governance | Social |
Orthofix Medical Institutional Holders
Institutional Holdings refers to the ownership stake in Orthofix Medical that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Orthofix Medical's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Orthofix Medical's value.| Shares | Newtyn Management Llc | 2024-09-30 | 812.8 K | Emerald Advisers, Llc | 2024-09-30 | 732.7 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 500.3 K | Awm Investment Company Inc | 2024-09-30 | 449.5 K | Tejara Capital Ltd | 2024-06-30 | 434.7 K | Millennium Management Llc | 2024-06-30 | 392.8 K | Emerald Mutual Fund Advisers Trust | 2024-09-30 | 372.1 K | Northern Trust Corp | 2024-09-30 | 338.3 K | Charles Schwab Investment Management Inc | 2024-09-30 | 324.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 4 M | Armistice Capital, Llc | 2024-09-30 | 3.8 M |
Orthofix Medical returns are very sensitive to returns on the market. As the market goes up or down, Orthofix Medical is expected to follow.
Orthofix Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.0237 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 829.81 M | ||||
| Shares Outstanding | 38.21 M | ||||
| Shares Owned By Insiders | 4.99 % | ||||
| Shares Owned By Institutions | 92.32 % | ||||
| Number Of Shares Shorted | 2.51 M | ||||
| Price To Earning | 338.00 X | ||||
| Price To Book | 1.37 X | ||||
| Price To Sales | 0.92 X | ||||
| Revenue | 746.64 M | ||||
| Gross Profit | 337.17 M | ||||
| EBITDA | (86.98 M) | ||||
| Net Income | (151.4 M) | ||||
| Cash And Equivalents | 59.54 M | ||||
| Cash Per Share | 2.98 X | ||||
| Total Debt | 134.2 M | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 3.15 X | ||||
| Book Value Per Share | 13.76 X | ||||
| Cash Flow From Operations | (45.75 M) | ||||
| Short Ratio | 12.36 X | ||||
| Earnings Per Share | (3.14) X | ||||
| Price To Earnings To Growth | 0.33 X | ||||
| Target Price | 24.4 | ||||
| Number Of Employees | 1.63 K | ||||
| Beta | 1.05 | ||||
| Market Capitalization | 722.63 M | ||||
| Total Asset | 925.32 M | ||||
| Retained Earnings | (150.14 M) | ||||
| Working Capital | 255.22 M | ||||
| Current Asset | 147.87 M | ||||
| Current Liabilities | 52.94 M | ||||
| Net Asset | 925.32 M |
About Orthofix Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Orthofix Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orthofix Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orthofix Medical 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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When running Orthofix Medical's price analysis, check to measure Orthofix Medical's 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 Orthofix Medical is operating at the current time. Most of Orthofix Medical's value examination focuses on studying past and present price action to predict the probability of Orthofix Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orthofix Medical's price. Additionally, you may evaluate how the addition of Orthofix Medical to your portfolios can decrease your overall portfolio volatility.