Modular Medical Valuation

Is MODD 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-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As MODD is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for MODD. This is calculated by dividing MODD's market cap by their current book value.
What is MODD's PB Ratio?
PB Ratio	8.4x
Book	US$6.92m
Market Cap	US$58.28m

MODD 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/Revenue	n/a
Enterprise Value/EBITDA	-3.1x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does MODD's PB Ratio compare to its peers?

The above table shows the PB ratio for MODD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	4.2x
MGRM Monogram Technologies	3.9x	58.2%	US$67.6m
ECOR electroCore	7.6x	70.2%	US$72.3m
HYPR Hyperfine	1.3x	6.9%	US$74.4m
VANI Vivani Medical	4x	-10.3%	US$74.0m
MODD Modular Medical	8.4x	28.0%	US$58.3m

Price-To-Book vs Peers: MODD is expensive based on its Price-To-Book Ratio (8.4x) compared to the peer average (4.2x).

Price to Book Ratio vs Industry

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

28 Companies	Price / Book	Estimated Growth	Market Cap
ADGM Adagio Medical Holdings	0.5x	n/a	US$35.90m
MHUA Meihua International Medical Technologies	0.1x	n/a	US$18.77m
RVP Retractable Technologies	0.2x	n/a	US$18.72m
LFWD Lifeward	0.5x	65.0%	US$16.82m

28 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: MODD is expensive based on its Price-To-Book Ratio (8.4x) compared to the US Medical Equipment industry average (2.5x).

Price to Book Ratio vs Fair Ratio

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

MODD PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	8.4x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate MODD's Price-To-Book Fair Ratio 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?

Analyst Forecast: Insufficient data to show price forecast.

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