Shockwave Medical Stock Fundamentals

Summary

Shockwave Medical fundamentals help investors to digest information that contributes to Shockwave Medical's financial success or failures. It also enables traders to predict the movement of Shockwave Stock. The fundamental analysis module provides a way to measure Shockwave 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 Shockwave Medical stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Shockwave Medical Company Return On Equity Analysis

Shockwave Medical's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Shockwave Medical Return On Equity

0.25

Most of Shockwave Medical's fundamental indicators, such as Return On Equity, 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, Shockwave Medical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Based on the latest financial disclosure, Shockwave Medical has a Return On Equity of 0.2473. This is 101.03% lower than that of the Health Care Equipment & Supplies sector and 102.83% lower than that of the Health Care industry. The return on equity for all United States stocks is 179.77% lower than that of the firm.

Shockwave Medical Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Shockwave Medical's current stock value. Our valuation model uses many indicators to compare Shockwave Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shockwave Medical competition to find correlations between indicators driving Shockwave Medical's intrinsic value. More Info.

Shockwave Medical is rated third in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers reporting about 0.35 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shockwave Medical is roughly 2.85 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Shockwave Medical by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Shockwave Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shockwave Medical's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shockwave Medical could also be used in its relative valuation, which is a method of valuing Shockwave Medical by comparing valuation metrics of similar companies.

Shockwave Medical is currently under evaluation in return on equity category among its peers.

Shockwave Fundamentals

	Return On Equity	0.25
	Return On Asset	0.0868
	Profit Margin	0.21 %
	Operating Margin	0.19 %
	Current Valuation	12.32 B
	Shares Outstanding	37.54 M
	Shares Owned By Insiders	1.19 %
	Shares Owned By Institutions	98.72 %
	Number Of Shares Shorted	1.83 M
	Price To Earning	178.55 X
	Price To Book	18.38 X
	Price To Sales	16.83 X
	Revenue	730.23 M
	Gross Profit	424.74 M
	EBITDA	176.35 M
	Net Income	147.28 M
	Cash And Equivalents	224.91 M
	Cash Per Share	6.26 X
	Total Debt	770.61 M
	Debt To Equity	0.15 %
	Current Ratio	5.32 X
	Book Value Per Share	20.04 X
	Cash Flow From Operations	196.05 M
	Short Ratio	2.24 X
	Earnings Per Share	4.25 X
	Price To Earnings To Growth	1.38 X
	Target Price	324.27
	Number Of Employees	1.47 K
	Beta	0.88
	Market Capitalization	12.57 B
	Total Asset	1.57 B
	Retained Earnings	110.47 M
	Working Capital	1.12 B
	Net Asset	1.57 B

Thematic Opportunities

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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Consideration for investing in Shockwave Stock

If you are still planning to invest in Shockwave Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shockwave Medical's history and understand the potential risks before investing.

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