MiMedx Group Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: MDXG ($9.22) is trading below our estimate of fair value ($20.29)

Significantly Below Fair Value: MDXG is trading below fair value by more than 20%.


Key Valuation Metric

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

Key metric: As MDXG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MDXG. This is calculated by dividing MDXG's market cap by their current earnings.
What is MDXG's PE Ratio?
PE Ratio17.1x
EarningsUS$79.39m
Market CapUS$1.33b

Price to Earnings Ratio vs Peers

How does MDXG's PE Ratio compare to its peers?

The above table shows the PE ratio for MDXG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average50x
DVAX Dynavax Technologies
79.3x39.4%US$1.6b
ACAD ACADIA Pharmaceuticals
21x26.6%US$2.7b
MNKD MannKind
88x39.7%US$1.9b
ALKS Alkermes
11.6x-12.6%US$4.5b
MDXG MiMedx Group
17.1x-1.9%US$1.3b

Price-To-Earnings vs Peers: MDXG is good value based on its Price-To-Earnings Ratio (17.1x) compared to the peer average (50x).


Price to Earnings Ratio vs Industry

How does MDXG's PE Ratio compare vs other companies in the US Biotechs Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ROIV Roivant Sciences
1.9x-46.3%US$8.36b
AGIO Agios Pharmaceuticals
4.7x-56.7%US$3.11b
INBX Inhibrx Biosciences
0.1xn/aUS$203.24m
CTMX CytomX Therapeutics
4.9x-39.9%US$68.09m
MDXG 17.1xIndustry Avg. 16.8xNo. of Companies11PE020406080100+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MDXG is expensive based on its Price-To-Earnings Ratio (17.1x) compared to the US Biotechs industry average (16.8x).


Price to Earnings Ratio vs Fair Ratio

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

MDXG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.1x
Fair PE Ratio16.3x

Price-To-Earnings vs Fair Ratio: MDXG is expensive based on its Price-To-Earnings Ratio (17.1x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).


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 MDXG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$9.22
US$13.00
+41.0%
13.8%US$16.00US$11.00n/a5
Nov ’25US$6.93
US$12.20
+76.0%
8.0%US$14.00US$11.00n/a5
Oct ’25US$5.90
US$12.20
+106.8%
8.0%US$14.00US$11.00n/a5
Sep ’25US$6.84
US$12.20
+78.4%
8.0%US$14.00US$11.00n/a5
Aug ’25US$6.68
US$12.02
+79.9%
8.2%US$14.00US$11.00n/a6
Jul ’25US$6.70
US$12.68
+89.3%
8.5%US$14.00US$11.10n/a6
Jun ’25US$7.15
US$12.68
+77.4%
8.5%US$14.00US$11.10n/a6
May ’25US$7.31
US$12.68
+73.5%
8.5%US$14.00US$11.10n/a6
Apr ’25US$7.45
US$12.44
+66.9%
9.7%US$14.00US$10.62n/a6
Mar ’25US$8.63
US$12.52
+45.1%
10.4%US$14.00US$10.62n/a5
Feb ’25US$7.88
US$11.85
+50.4%
5.9%US$13.00US$11.00n/a5
Jan ’25US$8.77
US$11.85
+35.1%
5.9%US$13.00US$11.00n/a5
Dec ’24US$7.99
US$11.65
+45.8%
3.7%US$12.00US$11.00n/a5
Nov ’24US$6.45
US$11.65
+80.6%
3.7%US$12.00US$11.00US$6.935
Oct ’24US$7.29
US$12.06
+65.5%
9.8%US$14.00US$11.00US$5.904
Sep ’24US$7.68
US$12.06
+57.1%
9.8%US$14.00US$11.00US$6.844
Aug ’24US$7.93
US$10.17
+28.2%
13.5%US$12.00US$8.17US$6.684
Jul ’24US$6.61
US$9.42
+42.5%
20.7%US$12.00US$7.00US$6.704
Jun ’24US$5.79
US$10.63
+83.5%
31.1%US$16.00US$7.00US$7.154
May ’24US$3.85
US$10.25
+166.2%
34.1%US$16.00US$7.00US$7.314
Apr ’24US$3.41
US$10.25
+200.6%
34.1%US$16.00US$7.00US$7.454
Mar ’24US$4.19
US$10.25
+144.9%
34.1%US$16.00US$7.00US$8.634
Feb ’24US$3.87
US$10.25
+164.9%
34.1%US$16.00US$7.00US$7.884
Jan ’24US$2.78
US$10.25
+268.7%
34.1%US$16.00US$7.00US$8.774
Dec ’23US$3.27
US$10.25
+213.5%
34.1%US$16.00US$7.00US$7.994
Nov ’23US$3.02
US$10.25
+239.4%
34.1%US$16.00US$7.00US$6.454

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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