KORU Medical Systems, Inc.

NasdaqCM:KRMD Stock Report

Mkt Cap: US$175.7m

We’ve recently updated our valuation analysis.

KORU Medical Systems Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

KRMD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue6.1x
Enterprise Value/EBITDA-19.9x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for KRMD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.3x
STXS Stereotaxis
5.6x27.2%US$163.9m
STIM Neuronetics
2.6x16.9%US$161.4m
ARAY Accuray
0.5x5.0%US$226.9m
ZIMV ZimVie
0.2x-0.1%US$220.4m
KRMD KORU Medical Systems
6.6x11.8%US$175.7m

Price-To-Sales vs Peers: KRMD is expensive based on its Price-To-Sales Ratio (6.6x) compared to the peer average (2.2x).


Price to Earnings Ratio vs Industry

How does KRMD's PE Ratio compare vs other companies in the US Medical Equipment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.3%
n/an/an/a

Price-To-Sales vs Industry: KRMD is expensive based on its Price-To-Sales Ratio (6.6x) compared to the US Medical Equipment industry average (3.8x)


Price to Sales Ratio vs Fair Ratio

What is KRMD'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.

KRMD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.5x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: KRMD is expensive based on its Price-To-Sales Ratio (6.6x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).


Share Price vs Fair Value

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

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

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


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 KRMD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$3.94
US$5.17
+31.1%
25.4%US$7.00US$4.00n/a3
Jan ’24US$3.57
US$4.83
+35.4%
32.0%US$7.00US$3.50n/a3
Dec ’23US$3.06
US$4.83
+58.0%
32.0%US$7.00US$3.50n/a3
Nov ’23US$2.34
US$4.33
+85.2%
43.5%US$7.00US$3.00n/a3
Oct ’23US$2.23
US$4.33
+94.3%
43.5%US$7.00US$3.00n/a3
Sep ’23US$2.47
US$4.33
+75.4%
43.5%US$7.00US$3.00n/a3
Aug ’23US$2.54
US$4.33
+70.6%
43.5%US$7.00US$3.00n/a3
Jul ’23US$2.45
US$4.33
+76.9%
43.5%US$7.00US$3.00n/a3
Jun ’23US$2.11
US$4.33
+105.4%
43.5%US$7.00US$3.00n/a3
May ’23US$2.65
US$4.67
+76.1%
36.4%US$7.00US$3.00n/a3
Apr ’23US$2.82
US$4.67
+65.5%
36.4%US$7.00US$3.00n/a3
Mar ’23US$3.20
US$4.67
+45.8%
36.4%US$7.00US$3.00n/a3
Feb ’23US$3.11
US$4.67
+50.1%
36.4%US$7.00US$3.00n/a3
Jan ’23US$3.00
US$4.67
+55.6%
36.4%US$7.00US$3.00US$3.573
Dec ’22US$3.34
US$4.67
+39.7%
36.4%US$7.00US$3.00US$3.063
Nov ’22US$2.82
US$5.17
+83.2%
27.7%US$7.00US$3.50US$2.343
Oct ’22US$2.94
US$5.17
+75.7%
27.7%US$7.00US$3.50US$2.233
Sep ’22US$3.22
US$5.17
+60.5%
27.7%US$7.00US$3.50US$2.473
Aug ’22US$3.41
US$5.17
+51.5%
27.7%US$7.00US$3.50US$2.543
Jul ’22US$4.10
US$5.17
+26.0%
27.7%US$7.00US$3.50US$2.453
Jun ’22US$4.67
US$5.17
+10.6%
27.7%US$7.00US$3.50US$2.113
May ’22US$3.77
US$5.17
+37.0%
27.7%US$7.00US$3.50US$2.653
Apr ’22US$3.58
US$5.17
+44.3%
27.7%US$7.00US$3.50US$2.823
Mar ’22US$3.94
US$5.50
+39.6%
19.6%US$7.00US$4.50US$3.203
Feb ’22US$4.01
US$8.13
+102.6%
57.1%US$16.00US$4.50US$3.114
Jan ’22US$6.02
US$11.25
+86.9%
24.6%US$16.00US$9.00US$3.004

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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