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

SSII is expensive based on its Price-To-Book Ratio (104.6x) compared to the peer average (18.8x).

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

SSII is expensive based on its Price-To-Book Ratio (104.6x) compared to the US Medical Equipment industry average (2.6x).

What is SSII'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.

Insufficient data to calculate SSII's Price-To-Book Fair Ratio for valuation analysis.

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

Insufficient data to calculate SSII's fair value for valuation analysis.

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

Insufficient data to show price forecast.

SSII Stock Overview

Designs, develops, manufactures, and markets surgical robotic systems in India and internationally. More details

SSII fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Revenue grew by 153.6% over the past year

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

SS Innovations International, Inc. Competitors

TransMedics Group

NasdaqGM:TMDX

US$2.0b

AtriCure

NasdaqGM:ATRC

US$1.5b

Delcath Systems

NasdaqCM:DCTH

US$382.4m

PROCEPT BioRobotics

NasdaqGM:PRCT

US$4.4b

Price History & Performance

Summary of share price highs, lows and changes for SS Innovations International
Historical stock prices
Current Share Price	US$8.50
52 Week High	US$8.50
52 Week Low	US$0.32
Beta	0
1 Month Change	129.73%
3 Month Change	112.50%
1 Year Change	17.24%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-7.31%

Recent updates

Shareholder Returns

	SSII	US Medical Equipment	US Market
7D	21.4%	-0.8%	-1.1%
1Y	17.2%	8.4%	22.4%

Return vs Industry: SSII exceeded the US Medical Equipment industry which returned 10% over the past year.

Return vs Market: SSII underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is SSII's price volatile compared to industry and market?
SSII volatility
SSII Average Weekly Movement	22.2%
Medical Equipment Industry Average Movement	8.0%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SSII's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SSII's weekly volatility has decreased from 190% to 22% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Sudhir Srivastava	ssinnovations.com

SS Innovations International, Inc., together with its subsidiaries, designs, develops, manufactures, and markets surgical robotic systems in India and internationally. It offers SSi Mantra, a surgical robotic system; and SSi Mudra, a range of stapling, energy, and core instrumentations for surgical systems. The company also develops NADI – Automated Coronary Anastomotic Connector, a micro stapling device; SSi Multi-Fire Clip Applier, a cartridge-based clip applicator; SSi Ultrasonic Surgical Device, a harmonic scalpel; SSi Maya – XR Pre-Operative Simulator, a robotic surgery platform; SSi Holographic Anatomy, an augmented reality tool; SSi YOG – Tele Proctor designed for remote surgical proctoring; SSi Chitrasa – Advanced DICOM Viewer, an AI enabled application viewer; and SSi Mixed Reality Headset, a medical-grade device.

SS Innovations International, Inc. Fundamentals Summary

How do SS Innovations International's earnings and revenue compare to its market cap?
SSII fundamental statistics
Market cap	US$1.37b
Earnings (TTM)	-US$28.58m
Revenue (TTM)	US$16.04m

90.6x

P/S Ratio

-50.8x

P/E Ratio

Is SSII overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SSII income statement (TTM)
Revenue	US$16.04m
Cost of Revenue	US$10.66m
Gross Profit	US$5.38m
Other Expenses	US$33.96m
Earnings	-US$28.58m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.17
Gross Margin	33.55%
Net Profit Margin	-178.19%
Debt/Equity Ratio	90.3%

How did SSII perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 06:45
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

SS Innovations International, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution