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 3/11/20 3/15/21 3/29/22 3/31/23 3/29/24 3/31/25
1USD in Million2USD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 106M
25.7x4.64x17.88x0.36% 191B
44.19x11.57x25.88x-.--% 143B
30.86x - - 0.74% 137B
15.82x3.3x10.63x-.--% 64B
32.8x7.33x23.32x-.--% 52.97B
18.17x2.1x10.76x2.9% 43.82B
25.91x5.17x17.86x0.77% 37.67B
45.83x6.41x19.77x-.--% 37.13B
14.58x1.62x9.08x0.24% 29.5B
Average 28.21x 5.27x 16.90x 0.56% 73.56B
Weighted average by Cap. 30.03x 6.19x 18.65x 0.45%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA