Perimeter Medical Imaging AI, Inc.

TSXV:PINK Stock Report

Market Cap: CA$37.8m

Perimeter Medical Imaging AI Valuation

Is PINK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PINK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PINK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PINK's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PINK?

Key metric: As PINK is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for PINK. This is calculated by dividing PINK's market cap by their current revenue.
What is PINK's PS Ratio?
PS Ratio36.6x
SalesUS$718.66k
Market CapUS$26.32m

Price to Sales Ratio vs Peers

How does PINK's PS Ratio compare to its peers?

The above table shows the PS ratio for PINK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.3x
NSCI Nanalysis Scientific
0.8x6.1%CA$35.1m
NGMD NuGen Medical Devices
22.8xn/aCA$17.4m
ASG Aurora Spine
1.4xn/aCA$32.9m
EVMT Evome Medical Technologies
0.2xn/aCA$9.1m
PINK Perimeter Medical Imaging AI
36.6x64.6%CA$37.8m

Price-To-Sales vs Peers: PINK is expensive based on its Price-To-Sales Ratio (36.6x) compared to the peer average (6.3x).

Price to Sales Ratio vs Industry

How does PINK's PS Ratio compare vs other companies in the CA Medical Equipment Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
HTL Hamilton Thorne
3.2x9.1%US$246.63m
NSCI Nanalysis Scientific
0.8x6.1%US$24.40m
ASG Aurora Spine
1.4xn/aUS$22.90m
EVMT Evome Medical Technologies
0.2xn/aUS$6.33m
PINK 36.6xIndustry Avg. 3.3xNo. of Companies8PS020406080100+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: PINK is expensive based on its Price-To-Sales Ratio (36.6x) compared to the North American Medical Equipment industry average (3.3x).

Price to Sales Ratio vs Fair Ratio

What is PINK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PINK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio36.6x
Fair PS Ratio32.5x

Price-To-Sales vs Fair Ratio: PINK is expensive based on its Price-To-Sales Ratio (36.6x) compared to the estimated Fair Price-To-Sales Ratio (32.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PINK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$0.41
CA$2.00
+393.8%
35.4%CA$3.00CA$1.50n/a3
Dec ’25CA$0.49
CA$2.00
+308.2%
35.4%CA$3.00CA$1.50n/a3
Nov ’25CA$0.46
CA$4.13
+796.7%
63.6%CA$6.75CA$1.50n/a2
Oct ’25CA$0.56
CA$3.08
+450.6%
84.3%CA$6.75CA$1.00n/a3
Sep ’25CA$0.31
CA$3.08
+894.6%
84.3%CA$6.75CA$1.00n/a3
Aug ’25CA$0.48
CA$3.08
+542.4%
84.3%CA$6.75CA$1.00n/a3
Jul ’25CA$0.37
CA$3.08
+733.3%
84.3%CA$6.75CA$1.00n/a3
Jun ’25CA$0.53
CA$3.88
+631.1%
74.2%CA$6.75CA$1.00n/a2
May ’25CA$0.52
CA$3.88
+645.2%
74.2%CA$6.75CA$1.00n/a2
Apr ’25CA$0.87
CA$4.38
+402.9%
54.3%CA$6.75CA$2.00n/a2
Mar ’25CA$0.98
CA$3.75
+282.7%
56.8%CA$6.75CA$2.00n/a3
Feb ’25CA$1.01
CA$3.75
+271.3%
56.8%CA$6.75CA$2.00n/a3
Jan ’25CA$1.22
CA$3.75
+207.4%
56.8%CA$6.75CA$2.00n/a3
Dec ’24CA$0.86
CA$3.75
+336.0%
56.8%CA$6.75CA$2.00CA$0.493
Nov ’24CA$0.90
CA$3.75
+316.7%
56.8%CA$6.75CA$2.00CA$0.463
Oct ’24CA$1.20
CA$3.75
+212.5%
56.8%CA$6.75CA$2.00CA$0.563
Sep ’24CA$1.45
CA$3.75
+158.6%
56.8%CA$6.75CA$2.00CA$0.313
Aug ’24CA$1.65
CA$3.56
+115.9%
52.6%CA$6.75CA$2.00CA$0.484
Jul ’24CA$1.79
CA$3.56
+99.0%
52.6%CA$6.75CA$2.00CA$0.374
Jun ’24CA$1.73
CA$3.56
+105.9%
52.6%CA$6.75CA$2.00CA$0.534
May ’24CA$1.92
CA$3.56
+85.5%
52.6%CA$6.75CA$2.00CA$0.524
Apr ’24CA$1.60
CA$4.06
+153.9%
42.3%CA$6.75CA$2.00CA$0.874
Mar ’24CA$1.65
CA$4.06
+146.2%
42.3%CA$6.75CA$2.00CA$0.984
Feb ’24CA$1.70
CA$4.06
+139.0%
42.3%CA$6.75CA$2.00CA$1.014
Jan ’24CA$1.64
CA$4.06
+147.7%
42.3%CA$6.75CA$2.00CA$1.224
Dec ’23CA$1.37
CA$4.06
+196.5%
42.3%CA$6.75CA$2.00CA$0.864

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Perimeter Medical Imaging AI, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Douglas LoeLeede Jones Gable Inc
Daniel RosenbergParadigm Capital, Inc.
Scott McAuleyParadigm Capital, Inc.