Medical Equipment Companies By Cash Per Share

Cash Per Share
Cash Per ShareEfficiencyMarket RiskExp Return
1NVCR Novocure
9.06
(0.28)
 2.91 
(0.80)
2NVRO Nevro Corp
8.78
 0.19 
 4.40 
 0.85 
3DXCM DexCom Inc
6.14
(0.06)
 2.43 
(0.15)
4EMBC Embecta Corp
5.05
(0.26)
 2.99 
(0.77)
5NYXH Nyxoah
4.77
 0.06 
 4.26 
 0.27 
6OM Outset Medical
4.71
(0.05)
 8.01 
(0.40)
7NVNO enVVeno Medical Corp
3.96
(0.02)
 3.82 
(0.07)
8NPCE Neuropace
3.72
 0.09 
 3.87 
 0.37 
9NVST Envista Holdings Corp
3.2
(0.06)
 2.40 
(0.13)
10NSPR InspireMD
3.18
 0.02 
 4.18 
 0.08 
11DRIO DarioHealth Corp
2.96
 0.05 
 12.91 
 0.60 
12EW Edwards Lifesciences Corp
2.81
(0.06)
 1.63 
(0.09)
13ESTA Establishment Labs Holdings
2.68
(0.01)
 5.85 
(0.06)
14NURO NeuroMetrix
2.68
 0.16 
 1.28 
 0.20 
15EDAP EDAP TMS SA
2.03
(0.01)
 3.69 
(0.03)
16WRBY Warby Parker
1.83
(0.09)
 3.56 
(0.31)
17NXGL Nexgel Inc
1.76
(0.14)
 4.64 
(0.66)
18NNOX Nano X Imaging
1.66
(0.06)
 5.66 
(0.35)
19DRTS Alpha Tau Medical
1.63
(0.05)
 4.11 
(0.19)
20FEMY Femasys
1.62
 0.13 
 4.45 
 0.59 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it. Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.