Profound Medical Corp Stock Analysis
| PRN Stock | CAD 10.61 0.06 0.57% |
Profound Medical Corp is overvalued with Real Value of 9.51 and Hype Value of 10.55. The main objective of Profound Medical stock analysis is to determine its intrinsic value, which is an estimate of what Profound Medical Corp is worth, separate from its market price. There are two main types of Profound Medical's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Profound Medical's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Profound Medical's stock to identify patterns and trends that may indicate its future price movements.
The Profound Medical stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Profound Medical is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Profound Stock trading window is adjusted to America/Toronto timezone.
Profound |
Profound Stock Analysis Notes
About 44.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 1.87. Profound Medical Corp last dividend was issued on the 16th of October 2019. The entity had 1:10 split on the 16th of October 2019. Profound Medical Corp. operates as a medical technology company focuses on magnetic resonance guided ablation procedures in Canada, Germany, and Finland. It is developing a treatment to ablate the prostate gland in prostate cancer patients, treatment of uterine fibroids and nerves, and palliative pain treatment for patients with metastatic bone disease. PROFOUND MEDICAL operates under Diagnostics Research classification in Canada and is traded on Toronto Stock Exchange. It employs 64 people. To find out more about Profound Medical Corp contact Arun MBA at 647 476 1350 or learn more at https://www.profoundmedical.com.Profound Medical Quarterly Total Revenue |
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Profound Medical Corp Investment Alerts
| Profound Medical generated a negative expected return over the last 90 days | |
| The company has C$7.94 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 7.2 M. Net Loss for the year was (28.57 M) with profit before overhead, payroll, taxes, and interest of 3.02 M. | |
| Profound Medical Corp has accumulated about 27.05 M in cash with (22.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. | |
| Latest headline from news.google.com: GAGNON SECURITIES LLC Acquires Shares in Profound Medical Corp - GuruFocus.com |
Profound Largest EPS Surprises
Earnings surprises can significantly impact Profound Medical's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-11-04 | 2021-09-30 | -0.26 | -0.29 | -0.03 | 11 | ||
2016-05-06 | 2016-03-31 | -0.07 | -0.1 | -0.03 | 42 | ||
2023-05-10 | 2023-03-31 | -0.36 | -0.32 | 0.04 | 11 |
Profound Medical Thematic Classifications
In addition to having Profound Medical stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | DrugsDrug manufacturing and delivery |
Profound Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 260.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Profound Medical's market, we take the total number of its shares issued and multiply it by Profound Medical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Profound Profitablity
Profound Medical's profitability indicators refer to fundamental financial ratios that showcase Profound Medical's ability to generate income relative to its revenue or operating costs. If, let's say, Profound Medical is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Profound Medical's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Profound Medical's profitability requires more research than a typical breakdown of Profound Medical's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.66) | (0.69) | |
| Return On Capital Employed | (0.76) | (0.80) | |
| Return On Assets | (0.65) | (0.68) | |
| Return On Equity | (0.92) | (0.96) |
Management Efficiency
Profound Medical Corp has return on total asset (ROA) of (0.4462) % which means that it has lost $0.4462 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.9017) %, meaning that it generated substantial loss on money invested by shareholders. Profound Medical's management efficiency ratios could be used to measure how well Profound Medical manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to -0.69. In addition to that, Return On Capital Employed is likely to drop to -0.8. At this time, Profound Medical's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Other Assets is likely to grow to about 4.4 M, while Non Current Assets Total are likely to drop about 1.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.47 | 1.40 | |
| Tangible Book Value Per Share | 1.45 | 1.38 | |
| Enterprise Value Over EBITDA | (5.94) | (6.23) | |
| Price Book Value Ratio | 5.69 | 3.51 | |
| Enterprise Value Multiple | (5.94) | (6.23) | |
| Price Fair Value | 5.69 | 3.51 | |
| Enterprise Value | 159 M | 206.9 M |
Leadership effectiveness at Profound Medical Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin (3.17) | Beta 0.83 | Return On Assets (0.45) | Return On Equity (0.90) |
Technical Drivers
As of the 22nd of November, Profound Medical holds the Coefficient Of Variation of (992.88), variance of 7.82, and Risk Adjusted Performance of (0.07). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Profound Medical, as well as the relationship between them.Profound Medical Corp Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Profound Medical middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Profound Medical Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Profound Medical Outstanding Bonds
Profound Medical issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Profound Medical Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Profound bonds can be classified according to their maturity, which is the date when Profound Medical Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Profound Medical Predictive Daily Indicators
Profound Medical intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Profound Medical stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 119.61 | |||
| Daily Balance Of Power | 0.24 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 10.54 | |||
| Day Typical Price | 10.56 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | 0.06 |
Profound Medical Forecast Models
Profound Medical's time-series forecasting models are one of many Profound Medical's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Profound Medical's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Profound Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Profound Medical prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Profound shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Profound Medical. By using and applying Profound Stock analysis, traders can create a robust methodology for identifying Profound entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (3.99) | (4.19) | |
| Operating Profit Margin | (3.97) | (4.17) | |
| Net Loss | (3.97) | (4.17) | |
| Gross Profit Margin | 0.61 | 0.37 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Profound Medical to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profound Medical Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.