Meiragtx Holdings Plc Stock EBITDA

MGTX Stock  USD 6.77  0.22  3.36%   
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 ReportedProjected for Next Year
EBITDA-57.1 M-59.9 M
EBITDA is likely to drop to about (59.9 M) in 2024.
  
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MeiraGTx Holdings PLC Company EBITDA Analysis

MeiraGTx Holdings' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current MeiraGTx Holdings EBITDA

    
  (57.05 M)  
Most of MeiraGTx Holdings' fundamental indicators, such as EBITDA, 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 EBITDA 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 EBITDA. 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.
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Click cells to compare fundamentals
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

MeiraGTx Ebitda

Ebitda

(59.9 Million)

MeiraGTx Holdings reported EBITDA of (57.05 Million) in 2023
According to the company disclosure, MeiraGTx Holdings PLC reported earnings before interest,tax, depreciation and amortization of (57.05 Million). This is 106.5% lower than that of the Biotechnology sector and 156.96% lower than that of the Health Care industry. The ebitda for all United States stocks is 101.46% higher than that of the company.

MeiraGTx EBITDA 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 EBITDA 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 ebitda 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.
201920202021202220232024 (projected)
Market Cap663.9M571.1M1.0B294.6M396.5M420.9M
Enterprise Value459.8M383.9M933.9M271.3M356.2M336.0M

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 Holdings Institutional Holders

Institutional Holdings refers to the ownership stake in MeiraGTx Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MeiraGTx Holdings' 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 MeiraGTx Holdings' value.
Shares
Dimensional Fund Advisors, Inc.2024-09-30
449.9 K
Garden State Investment Advisory Services Llc2024-09-30
392.4 K
Vanguard Group Inc2024-09-30
381.8 K
Jpmorgan Chase & Co2024-06-30
338.5 K
Alyeska Investment Group, L.p.2024-09-30
330.2 K
Northern Trust Corp2024-09-30
265.4 K
Junked Platinum Investment Management Ltd2024-09-30
250 K
Privium Fund Management B.v.2024-09-30
214 K
Morgan Stanley - Brokerage Accounts2024-06-30
202.8 K
Perceptive Advisors Llc2024-09-30
12.6 M
Johnson & Johnson2024-09-30
6.6 M

MeiraGTx Fundamentals

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.