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Perimeter Medical Imaging AI

Market Cap

CA$145.3m

Last Updated

2021/05/15 23:41 UTC

Data Sources

Company Financials +

Executive Summary

Perimeter Medical Imaging AI, Inc., a medical technology company, develops and commercializes advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue structures during a clinical procedure. More Details


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has Perimeter Medical Imaging AI's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PINK is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PINK's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-8.7%

PINK

-11.5%

CA Medical Equipment

-0.9%

CA Market


1 Year Return

n/a

PINK

25.5%

CA Medical Equipment

39.2%

CA Market

Return vs Industry: Insufficient data to determine how PINK performed against the Canadian Medical Equipment industry.

Return vs Market: Insufficient data to determine how PINK performed against the Canadian Market.


Shareholder returns

PINKIndustryMarket
7 Day-8.7%-11.5%-0.9%
30 Day-22.6%-14.1%1.1%
90 Day-16.2%-28.9%6.0%
1 Yearn/a25.5%25.5%43.7%39.2%
3 Yearn/a-60.8%-60.8%28.2%16.0%
5 Yearn/a75.6%75.6%58.4%34.5%

Long-Term Price Volatility Vs. Market

How volatile is Perimeter Medical Imaging AI's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Perimeter Medical Imaging AI undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PINK (CA$3.25) is trading below our estimate of fair value (CA$18.16)

Significantly Below Fair Value: PINK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PINK is unprofitable, so we can't compare its PE Ratio to the North American Medical Equipment industry average.

PE vs Market: PINK is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PINK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PINK is overvalued based on its PB Ratio (11.8x) compared to the CA Medical Equipment industry average (4.9x).


Future Growth

How is Perimeter Medical Imaging AI forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

41.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PINK is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PINK is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PINK is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PINK's revenue (58.6% per year) is forecast to grow faster than the Canadian market (6.3% per year).

High Growth Revenue: PINK's revenue (58.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PINK's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Perimeter Medical Imaging AI performed over the past 5 years?

23.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PINK is currently unprofitable.

Growing Profit Margin: PINK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PINK's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare PINK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PINK is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (16.2%).


Return on Equity

High ROE: PINK has a negative Return on Equity (-73.3%), as it is currently unprofitable.


Financial Health

How is Perimeter Medical Imaging AI's financial position?


Financial Position Analysis

Short Term Liabilities: PINK's short term assets (CA$13.1M) exceed its short term liabilities (CA$1.8M).

Long Term Liabilities: PINK's short term assets (CA$13.1M) exceed its long term liabilities (CA$580.0K).


Debt to Equity History and Analysis

Debt Level: PINK's debt to equity ratio (3.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if PINK's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PINK has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PINK has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 28.3% each year.


Dividend

What is Perimeter Medical Imaging AI current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PINK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PINK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PINK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PINK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PINK's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.6yrs

Average management tenure


CEO

Jeremy Sobotta

0.58

Tenure

Mr. Jeremy Sobotta serves as President at Perimeter Medical Imaging AI, Inc. and serves as its Chief Executive Officer since October 20, 2020. Mr. Sobotta served as Chief Financial Officer of Perimeter Med...


Leadership Team

Experienced Management: PINK's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: PINK's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PINK insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: PINK only recently listed within the past 12 months.


Top Shareholders

Company Information

Perimeter Medical Imaging AI, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Perimeter Medical Imaging AI, Inc.
  • Ticker: PINK
  • Exchange: TSXV
  • Founded: 2013
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: CA$145.316m
  • Shares outstanding: 44.71m
  • Website: https://www.perimetermed.com

Location

  • Perimeter Medical Imaging AI, Inc.
  • 359 Eastern Avenue
  • Suite 110
  • Toronto
  • Ontario
  • M4M 1B7
  • Canada

Listings


Biography

Perimeter Medical Imaging AI, Inc., a medical technology company, develops and commercializes advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue stru...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 23:41
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.