Globus Historical Financial Ratios
GMED Stock | USD 81.78 1.64 1.97% |
Globus Medical is recently reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.43 or Days Sales Outstanding of 123 will help investors to properly organize and evaluate Globus Medical financial condition quickly.
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About Globus Financial Ratios Analysis
Globus MedicalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Globus Medical investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Globus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Globus Medical history.
Globus Medical Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Globus Medical stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Globus Medical sales, a figure that is much harder to manipulate than other Globus Medical multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from Globus Medical's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Globus Medical current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.At present, Globus Medical's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 37.12, whereas Operating Cash Flow Per Share is forecasted to decline to 1.18.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 63.11 | 77.55 | 117.49 | 123.36 | PTB Ratio | 4.18 | 4.04 | 1.51 | 1.43 |
Globus Medical fundamentals Correlations
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Globus Medical Account Relationship Matchups
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Globus Medical fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 7.43 | 8.15 | 7.59 | 7.3 | 3.84 | 4.16 | |
Ptb Ratio | 4.16 | 4.27 | 4.18 | 4.04 | 1.51 | 1.43 | |
Days Sales Outstanding | 75.49 | 68.51 | 63.11 | 77.55 | 117.49 | 123.36 | |
Book Value Per Share | 14.14 | 15.28 | 17.29 | 18.38 | 35.35 | 37.12 | |
Free Cash Flow Yield | 0.0288 | 0.0173 | 0.021 | 0.0302 | 0.014 | 0.0355 | |
Operating Cash Flow Per Share | 1.73 | 2.02 | 2.74 | 1.78 | 2.15 | 1.18 | |
Stock Based Compensation To Revenue | 0.0332 | 0.0343 | 0.0319 | 0.0321 | 0.0336 | 0.0178 | |
Capex To Depreciation | 1.34 | 1.01 | 0.81 | 1.08 | 0.54 | 0.51 | |
Pb Ratio | 4.16 | 4.27 | 4.18 | 4.04 | 1.51 | 1.43 | |
Ev To Sales | 7.19 | 7.85 | 7.39 | 7.15 | 3.88 | 4.0 | |
Roic | 0.1 | 0.0601 | 0.0817 | 0.0966 | 0.0224 | 0.0213 | |
Net Income Per Share | 1.6 | 1.57 | 1.04 | 1.48 | 1.89 | 0.9 | |
Days Of Inventory On Hand | 398.14 | 384.62 | 361.61 | 413.79 | 564.73 | 592.96 | |
Payables Turnover | 6.16 | 7.31 | 11.95 | 10.9 | 9.67 | 6.42 | |
Research And Ddevelopement To Revenue | 0.0765 | 0.11 | 0.1 | 0.0714 | 0.0791 | 0.0616 | |
Cash Per Share | 3.47 | 3.14 | 4.33 | 4.4 | 4.44 | 4.58 | |
Pocfratio | 33.95 | 32.34 | 26.33 | 41.81 | 24.75 | 19.58 | |
Pfcf Ratio | 57.67 | 47.58 | 33.15 | 71.46 | 36.47 | 50.48 | |
Days Payables Outstanding | 49.92 | 30.56 | 33.5 | 49.96 | 37.73 | 52.94 | |
Income Quality | 1.11 | 1.94 | 1.85 | 0.94 | 1.98 | 1.05 | |
Ev To Operating Cash Flow | 32.82 | 31.16 | 25.64 | 41.0 | 24.97 | 18.02 | |
Pe Ratio | 37.61 | 62.86 | 48.75 | 39.24 | 49.05 | 25.09 | |
Ev To Free Cash Flow | 55.76 | 45.84 | 32.3 | 70.08 | 36.8 | 27.02 | |
Earnings Yield | 0.0266 | 0.0159 | 0.0205 | 0.0255 | 0.0204 | 0.0194 | |
Intangibles To Total Assets | 0.19 | 0.16 | 0.14 | 0.13 | 0.46 | 0.49 | |
Net Debt To E B I T D A | (0.8) | (1.32) | (0.75) | (0.47) | 0.17 | 0.18 | |
Current Ratio | 6.56 | 6.17 | 6.8 | 6.18 | 4.88 | 7.28 | |
Tangible Book Value Per Share | 12.05 | 12.81 | 14.82 | 15.78 | 14.49 | 15.22 | |
Receivables Turnover | 4.84 | 5.33 | 5.78 | 4.71 | 3.11 | 6.09 | |
Graham Number | 22.32 | 18.89 | 24.0 | 27.98 | 29.4 | 30.87 | |
Shareholders Equity Per Share | 14.14 | 15.28 | 17.29 | 18.38 | 35.35 | 37.12 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Globus Medical is a strong investment it is important to analyze Globus Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globus Medical's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Health Care Equipment & Supplies 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 Globus Medical. If investors know Globus 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 Globus Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 42.231 | Earnings Share 0.62 | Revenue Per Share 18.217 | Quarterly Revenue Growth 0.631 | Return On Assets 0.0473 |
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus Medical'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 Globus Medical's market value can be influenced by many factors that don't directly affect Globus Medical'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 Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Medical'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.