Cardio Diagnostics Holdings Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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 CDIO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As CDIO barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for CDIO. This is calculated by dividing CDIO's market cap by their current book value.
What is CDIO's PB Ratio?
PB Ratio	2.2x
Book	US$3.69m
Market Cap	US$7.57m

CDIO 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	176.8x
Enterprise Value/EBITDA	-0.8x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for CDIO 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	28.7x
OTLC Oncotelic Therapeutics	1.4x	n/a	US$10.3m
APRE Aprea Therapeutics	0.7x	-8.2%	US$15.9m
SBFM Sunshine Biopharma	0.2x	n/a	US$4.7m
EVAX Evaxion Biotech	112.3x	69.9%	US$7.6m
CDIO Cardio Diagnostics Holdings	2.2x	31.0%	US$7.6m

Price-To-Book vs Peers: CDIO is good value based on its Price-To-Book Ratio (2.2x) compared to the peer average (28.7x).

Price to Book Ratio vs Industry

How does CDIO's PB Ratio compare vs other companies in the US Biotechs Industry?

60 Companies	Price / Book	Estimated Growth	Market Cap
GRAL GRAIL	0.2x	35.7%	US$550.38m
IMAB I-Mab	0.4x	1.8%	US$78.16m
ACET Adicet Bio	0.4x	6.7%	US$75.31m
MGX Metagenomi	0.3x	-23.2%	US$68.11m

60 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: CDIO is expensive based on its Price-To-Book Ratio (2.2x) compared to the US Biotechs industry average (1.8x).

Price to Book Ratio vs Fair Ratio

What is CDIO'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.

CDIO PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	2.2x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CDIO'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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