Company Valuation: ICAD

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 150.4 303.5 180.8 46.57 46.64 48.23
Change - 101.77% -40.43% -74.24% 0.17% 3.4%
Enterprise Value (EV) 1 157.6 285.1 147.7 28.64 25.44 31.38
Change - 80.89% -48.2% -80.6% -11.19% 23.39%
P/E -10.5x -16.5x -15.9x -3.38x -9.35x -8.59x
PBR 29.7x 10.2x 3.89x 1.32x 1.4x 1.68x
PEG - -2.04x 0.4x -0.2x 0.1x -0.7x
Capitalization / Revenue 4.8x 10.2x 5.37x 1.67x 2.69x 2.46x
EV / Revenue 5.03x 9.6x 4.39x 1.02x 1.47x 1.6x
EV / EBITDA -27.5x -32.4x -14.5x -2.14x -3.49x -5.75x
EV / EBIT -24.6x -30.4x -13.8x -2.06x -3.31x -5.16x
EV / FCF -30.3x -131x -21.4x -3.13x -12.1x -9.62x
FCF Yield -3.3% -0.76% -4.66% -31.9% -8.29% -10.4%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.74 -0.8 -0.4538 -0.5419 -0.1892 -0.2131
Distribution rate - - - - - -
Net sales 1 31.34 29.7 33.64 27.94 17.32 19.61
EBITDA 1 -5.723 -8.811 -10.18 -13.41 -7.28 -5.46
EBIT 1 -6.397 -9.388 -10.73 -13.93 -7.689 -6.084
Net income 1 -13.55 -17.61 -11.24 -13.66 -4.847 -5.616
Net Debt 1 7.177 -18.42 -33.13 -17.93 -21.21 -16.84
Reference price 2 7.770 13.200 7.200 1.830 1.770 1.830
Nbr of stocks (in thousands) 19,359 22,993 25,109 25,446 26,353 26,354
Announcement Date 11/3/20 15/3/21 29/3/22 31/3/23 29/3/24 31/3/25
1USD in Million2USD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 106M
29.3x5.21x19.96x0.31% 218B
33.93x6.16x19.53x0.72% 142B
43.29x11.28x24.94x-.--% 139B
19.38x3.92x12.75x-.--% 75.11B
36.2x7.27x23.01x-.--% 52.8B
19.6x2.34x11.74x2.6% 50.66B
28.88x5.77x19.7x0.69% 41.95B
88.04x6.88x20.88x-.--% 40.49B
15.78x1.81x10.11x0.22% 33.28B
Average 34.93x 5.63x 18.07x 0.5% 79.36B
Weighted average by Cap. 33.90x 6.25x 19.37x 0.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA