Caredx Valuation
| CDNA Stock | USD 18.71 0.56 2.91% |
At this time, the firm appears to be undervalued. Caredx Inc shows a prevailing Real Value of $22.52 per share. The current price of the firm is $18.71. Our model approximates the value of Caredx Inc from analyzing the firm fundamentals such as Current Valuation of 835.77 M, profit margin of 0.16 %, and Return On Equity of 0.16 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Caredx's valuation include:
Price Book 2.8223 | Enterprise Value | Enterprise Value Ebitda (2.82) | Price Sales 3.1998 | Trailing PE 20.7204 |
Undervalued
Today
Please note that Caredx's price fluctuation is not too volatile at this time. Calculation of the real value of Caredx Inc is based on 3 months time horizon. Increasing Caredx's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Caredx is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Caredx Stock. However, Caredx'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 18.71 | Real 22.52 | Target 34.67 | Hype 19.26 | Naive 19.26 |
The real value of Caredx Stock, also known as its intrinsic value, is the underlying worth of Caredx Inc Company, which is reflected in its stock price. It is based on Caredx's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Caredx'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, or news.
Estimating the potential upside or downside of Caredx Inc helps investors to forecast how Caredx 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 Caredx more accurately as focusing exclusively on Caredx's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Caredx's intrinsic value based on its ongoing forecasts of Caredx's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Caredx's closest peers. If more than one evaluation category is relevant for Caredx we suggest using both methods to arrive at a better estimate.
Caredx Cash |
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Caredx Valuation Trend
Comparing Caredx's enterprise value against its market capitalization is a good way to estimate the value of Caredx Inc uage its performance over time. This information may sometimes be enough for investors to make reasonable market timing decisions.
Caredx Revenue by Product
Caredx Total Value Analysis
Caredx Inc is currently estimated to have valuation of 835.77 M with market capitalization of 1.07 B, debt of 22.26 M, and cash on hands of 306.22 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 Caredx fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
835.77 M | 1.07 B | 22.26 M | 306.22 M |
Caredx Investor Information
About 95.0% of the company shares are held by institutions such as insurance companies. The book value of Caredx was currently reported as 6.91. The company had not issued any dividends in recent years. Based on the key measurements obtained from Caredx's financial statements, Caredx Inc may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter.Caredx Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Caredx has an asset utilization ratio of 67.97 percent. This suggests that the Company is making $0.68 for each dollar of assets. An increasing asset utilization means that Caredx Inc is more efficient with each dollar of assets it utilizes for everyday operations.Caredx Ownership Allocation
Caredx holds a total of 55.43 Million outstanding shares. The majority of Caredx Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Caredx Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Caredx. Please pay attention to any change in the institutional holdings of Caredx Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Caredx Profitability Analysis
The company reported the previous year's revenue of 333.79 M. Net Income was 52.55 M with profit before overhead, payroll, taxes, and interest of 224.16 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Caredx's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Caredx and how it compares across the competition.
About Caredx Valuation
The stock valuation mechanism determines Caredx's current worth on a weekly basis. Our valuation model uses a comparative analysis of Caredx. We calculate exposure to Caredx's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Caredx's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 333.8 M | 350.5 M | |
| Pretax Profit Margin | 0.16 | 0.17 | |
| Operating Profit Margin | 0.12 | 0.13 | |
| Net Profit Margin | 0.16 | 0.17 | |
| Gross Profit Margin | 0.57 | 0.50 |
Caredx Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 56.6 M |
Caredx Current Valuation Indicators
Valuation refers to the process of determining the present value of Caredx Inc and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Caredx we look at many different elements of the entity such as Caredx's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Caredx, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Caredx's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Caredx's worth.Complementary Tools for Caredx Stock analysis
When running Caredx's price analysis, check to measure Caredx's 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 Caredx is operating at the current time. Most of Caredx's value examination focuses on studying past and present price action to predict the probability of Caredx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caredx's price. Additionally, you may evaluate how the addition of Caredx to your portfolios can decrease your overall portfolio volatility.
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