MDxHealth Net Income vs. Market Capitalization
| MDXH Stock | USD 1.60 0.04 2.56% |
Net Loss | First Reported 2004-03-31 | Previous Quarter -11.5 M | Current Value -11.2 M | Quarterly Volatility 3.3 M |
For MDxHealth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MDxHealth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MDxHealth SA ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MDxHealth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MDxHealth SA ADR over time as well as its relative position and ranking within its peers.
MDxHealth |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MDxHealth. If investors know MDxHealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MDxHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.16) | Revenue Per Share | Quarterly Revenue Growth 0.275 | Return On Assets | Return On Equity |
The market value of MDxHealth SA ADR is measured differently than its book value, which is the value of MDxHealth that is recorded on the company's balance sheet. Investors also form their own opinion of MDxHealth's value that differs from its market value or its book value, called intrinsic value, which is MDxHealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MDxHealth's market value can be influenced by many factors that don't directly affect MDxHealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MDxHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if MDxHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDxHealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MDxHealth SA ADR Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MDxHealth's current stock value. Our valuation model uses many indicators to compare MDxHealth value to that of its competitors to determine the firm's financial worth. MDxHealth SA ADR is considered to be number one stock in net income category among its peers. It is regarded third in market capitalization category among its peers . The last year's value of Net Loss was reported at (38.79 Million). The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MDxHealth's earnings, one of the primary drivers of an investment's value.MDxHealth Market Capitalization vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
MDxHealth |
| = | (43.1 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
MDxHealth |
| = | 79.2 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
MDxHealth Market Capitalization vs Competition
MDxHealth SA ADR is regarded third in market capitalization category among its peers. Market capitalization of Health Care industry is now estimated at about 1.41 Billion. MDxHealth holds roughly 79.2 Million in market capitalization claiming about 6% of equities under Health Care industry.
MDxHealth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MDxHealth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MDxHealth will eventually generate negative long term returns. The profitability progress is the general direction of MDxHealth's change in net profit over the period of time. It can combine multiple indicators of MDxHealth, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 13.3 M | 13.9 M | |
| Operating Income | -24.6 M | -25.8 M | |
| Income Before Tax | -38.8 M | -36.8 M | |
| Total Other Income Expense Net | -14.2 M | -13.5 M | |
| Net Loss | -38.8 M | -36.9 M | |
| Income Tax Expense | 1.1 K | 1.1 K | |
| Net Interest Income | -10.1 M | -9.6 M | |
| Interest Income | 1.3 M | 1.3 M | |
| Net Loss | -40.3 M | -42.4 M | |
| Net Loss | -39.6 M | -41.6 M | |
| Change To Netincome | 7.6 M | 4 M | |
| Net Loss | (1.50) | (1.57) | |
| Income Quality | 0.57 | 0.99 | |
| Net Income Per E B T | 0.90 | 0.82 |
MDxHealth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MDxHealth. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MDxHealth position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MDxHealth's important profitability drivers and their relationship over time.
Use MDxHealth in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MDxHealth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MDxHealth will appreciate offsetting losses from the drop in the long position's value.MDxHealth Pair Trading
MDxHealth SA ADR Pair Trading Analysis
The ability to find closely correlated positions to MDxHealth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MDxHealth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MDxHealth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MDxHealth SA ADR to buy it.
The correlation of MDxHealth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MDxHealth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MDxHealth SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MDxHealth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MDxHealth position
In addition to having MDxHealth in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 constituents at this time.
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Check out Correlation Analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project MDxHealth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MDxHealth SA ADR at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MDxHealth's income statement, its balance sheet, and the statement of cash flows.