Avinger Valuation

AVGRDelisted Stock  USD 0.47  0.09  16.07%   
Avinger is overvalued. Avinger shows a prevailing Real Value of $0.45 per share. The current price of the firm is $0.47. Our model approximates the value of Avinger from analyzing the firm fundamentals such as Return On Equity of -14.76, profit margin of (2.56) %, and Current Valuation of 1.21 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
0.47
Please note that Avinger's price fluctuation is out of control at this time. Calculation of the real value of Avinger is based on 3 months time horizon. Increasing Avinger's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Avinger stock is determined by what a typical buyer is willing to pay for full or partial control of Avinger. Since Avinger is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Avinger Stock. However, Avinger's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  0.47 Real  0.45 Hype  0.51 Naive  0.56
The intrinsic value of Avinger's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Avinger's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
0.45
Real Value
26.54
Upside
Estimating the potential upside or downside of Avinger helps investors to forecast how Avinger stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Avinger more accurately as focusing exclusively on Avinger's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.370.510.65
Details
Hype
Prediction
LowEstimatedHigh
0.030.5126.60
Details
Naive
Forecast
LowNext ValueHigh
0.010.5626.66
Details

Avinger Total Value Analysis

Avinger is presently forecasted to have valuation of 1.21 M with market capitalization of 1.52 M, debt of 15.39 M, and cash on hands of 17.34 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Avinger fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
1.21 M
1.52 M
15.39 M
17.34 M

Avinger Investor Information

The company has price-to-book (P/B) ratio of 0.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Avinger recorded a loss per share of 8.76. The entity last dividend was issued on the 24th of June 2019. The firm had 1:15 split on the 13th of September 2023. Based on the analysis of Avinger's profitability, liquidity, and operating efficiency, Avinger is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April.

Avinger Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Avinger has an asset utilization ratio of 55.57 percent. This connotes that the Company is making $0.56 for each dollar of assets. An increasing asset utilization means that Avinger is more efficient with each dollar of assets it utilizes for everyday operations.

Avinger Ownership Allocation

Avinger shows 7.94 percent of its outstanding shares held by insiders and 10.16 percent owned by other corporate entities.

Avinger Profitability Analysis

The company reported the previous year's revenue of 7.65 M. Net Loss for the year was (18.32 M) with profit before overhead, payroll, taxes, and interest of 1.52 M.

About Avinger Valuation

The delisted stock valuation mechanism determines Avinger's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Avinger based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avinger. We calculate exposure to Avinger's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Avinger's related companies.
Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease in the United States and internationally. Avinger, Inc. was incorporated in 2007 and is headquartered in Redwood City, California. Avinger operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 68 people.

Avinger Growth Indicators

Investing in growth stocks can be very risky. If the company such as Avinger does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding786 K
Check out Trending Equities 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 price.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Other Consideration for investing in Avinger Stock

If you are still planning to invest in Avinger 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 Avinger's history and understand the potential risks before investing.
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