Compoundeer Logo
COMPOUNDEER
Uncovering Potential
RankingCompaniesDCF
IRMD Logo

Iradimed Corp

IRMD

Surgical & Medical Instruments & Apparatus

Mkt Cap

$548.4M

PE

33.59

Debt

-

Cash

$46.75M

EV

-

FCF

$5.469M

Market Cap

$548.4M

P/E Ratio

33.59

Debt

-

Cash

$46.75M

EV

-

FCF

$5.469M
Charts data: {"Earnings":[{"time":"2014-12-30","value":2050366},{"time":"2015-12-30","value":7529920},{"time":"2016-12-30","value":7214545},{"time":"2017-12-30","value":499764},{"time":"2018-12-30","value":6303450},{"time":"2019-12-30","value":9630959},{"time":"2020-12-30","value":1369001},{"time":"2021-12-30","value":9325471},{"time":"2022-12-30","value":12828487}],"Sales":[{"time":"2014-12-30","value":15653057},{"time":"2015-12-30","value":31593720},{"time":"2016-12-30","value":32496548},{"time":"2017-12-30","value":23081592},{"time":"2018-12-30","value":30438983},{"time":"2019-12-30","value":38517141},{"time":"2020-12-30","value":31717372},{"time":"2021-12-30","value":41814581},{"time":"2022-12-30","value":53303145}],"Net Margins":[{"time":"2014-12-30","value":0.13098821527322108},{"time":"2015-12-30","value":0.2383359730984512},{"time":"2016-12-30","value":0.22200958083301647},{"time":"2017-12-30","value":0.021652059355351225},{"time":"2018-12-30","value":0.2070847767811428},{"time":"2019-12-30","value":0.250043454679048},{"time":"2020-12-30","value":0.04316249782611245},{"time":"2021-12-30","value":0.22301959692003132},{"time":"2022-12-30","value":0.24067035819368632}],"Assets":[{"time":"2014-12-30","value":23309719},{"time":"2015-12-30","value":35244207},{"time":"2016-12-30","value":37194484},{"time":"2017-12-30","value":39012534},{"time":"2018-12-30","value":48442258},{"time":"2019-12-30","value":66728864},{"time":"2020-12-30","value":71066620},{"time":"2021-12-30","value":82881422},{"time":"2022-12-30","value":85513747}],"Stockholders Equity":[{"time":"2014-12-30","value":20890696},{"time":"2015-12-30","value":31933025},{"time":"2016-12-30","value":31889125},{"time":"2017-12-30","value":32930877},{"time":"2018-12-30","value":41945733},{"time":"2019-12-30","value":55524395},{"time":"2020-12-30","value":61384612},{"time":"2021-12-30","value":72173806},{"time":"2022-12-30","value":73672987}],"ROE":[{"time":"2014-12-30","value":0.09814732836091243},{"time":"2015-12-30","value":0.23580352941821203},{"time":"2016-12-30","value":0.22623841199782058},{"time":"2017-12-30","value":0.015176152156530785},{"time":"2018-12-30","value":0.15027631058444013},{"time":"2019-12-30","value":0.17345455092306725},{"time":"2020-12-30","value":0.022302022532943597},{"time":"2021-12-30","value":0.12920852476589637},{"time":"2022-12-30","value":0.17412741796392753}],"ROA":[{"time":"2014-12-30","value":0.13152839809008424},{"time":"2015-12-30","value":0.33011195286646683},{"time":"2016-12-30","value":0.2944719975144702},{"time":"2017-12-30","value":0.03579326582579845},{"time":"2018-12-30","value":0.12793183587767523},{"time":"2019-12-30","value":0.1355233171660168},{"time":"2020-12-30","value":-0.00868027774502291},{"time":"2021-12-30","value":0.11867903279941312},{"time":"2022-12-30","value":0.1892181031431122}]}

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

Sector

  • ANIK Logo

    ANIK

  • AORT Logo

    AORT

  • ATEC Logo

    ATEC

  • ATRC Logo

    ATRC

  • ATRI Logo

    ATRI

  • AXNX Logo

    AXNX

  • BDX Logo

    BDX

  • BSX Logo

    BSX

  • CERS Logo

    CERS

  • CVRX Logo

    CVRX

  • DXCM Logo

    DXCM

  • EMBC Logo

    EMBC

  • FNA Logo

    FNA

  • GKOS Logo

    GKOS

  • GMED Logo

    GMED

  • HAE Logo

    HAE

  • IART Logo

    IART

  • ICUI Logo

    ICUI

  • INSP Logo

    INSP

  • IRTC Logo

    IRTC

  • KIDS Logo

    KIDS

  • LMAT Logo

    LMAT

  • LUNG Logo

    LUNG

  • MDXG Logo

    MDXG

  • MMSI Logo

    MMSI

  • NARI Logo

    NARI

  • NVCR Logo

    NVCR

  • NVRO Logo

    NVRO

  • OFIX Logo

    OFIX

  • OSUR Logo

    OSUR

  • PEN Logo

    PEN

  • PLSE Logo

    PLSE

  • PODD Logo

    PODD

  • PRCT Logo

    PRCT

Growth

%

%

Discount

%

%

Multiple

g\r+10%+11%+12%+13%+14%
0%109887
+1%1110988
+2%13111098
+3%141311109
+4%1714121110
Years012345678910TV
FCF$5.469M$5.913M$6.372M$6.844M$7.328M$7.821M$8.32M$8.822M$9.324M$9.823M$10.31M$103.1M
DCF$5.141M$4.818M$4.5M$4.19M$3.888M$3.597M$3.317M$3.048M$2.792M$2.549M$25.49M
Value$63.34M

In the chart Earnings are multiplied by this value.

Earnings Growth 13%
Earnings Stability 14%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12-201412-201512-201612-201712-201812-201912-202012-202112-2022TTM
Net Margin13%24%22%2.2%21%25%4.3%22%24%26%
ROA13%33%29%3.6%13%14%-0.87%12%19%24%
ROE9.8%24%23%1.5%15%17%2.2%13%17%22%

What is the average Net Margin?

The average Net Margin over the past 5 years is +16.43%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +2.67%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is +9.97%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +1.7%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is +11.08%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is +1.66%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12-201412-201512-201612-201712-201812-201912-202012-202112-2022TTM
Debt FCF----------
Debt Equity----------
MIN
Graham Stability---8.9%100%100%25%100%100%8.9%

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is -.

What is the Graham’s Stability?

Graham’s Stability measure stands at 0.09.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12-201512-201712-201912-2021Trend
Revenue7.8%18%11%27%-4.1%
Net Income7.9%91%10%38%2.8%
Stockholders Equity13%17%9.9%2.1%-2.9%
FCF2.9%28%-3%-17%-19%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +18.22%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is -4.13%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +91.37%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is +2.77%.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is +17.47%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is -2.86%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is +27.77%.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is -19.43%.