EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Heart Test Laboratories's Enterprise Value is $-1.95 Mil.
Heart Test Laboratories's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2024 was $-6.42 Mil. Therefore, Heart Test Laboratories's EV-to-FCF for today is 0.30.
The historical rank and industry rank for Heart Test Laboratories's EV-to-FCF or its related term are showing as below:
HSCS'
s EV-to-FCF Range Over the Past 10 Years
Min: -6.06 Med: -1.35 Max: 0.42
Current: 0.3
During the past 4 years, the highest EV-to-FCF of Heart Test Laboratories was 0.42. The lowest was -6.06. And the median was -1.35.
HSCS's EV-to-FCF is ranked better than 94.46% of 361
companies
in the Medical Devices & Instruments industry
Industry Median: 28.78
vs HSCS: 0.30
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Heart Test Laboratories's EV-to-FCF
For the Medical Devices subindustry, Heart Test Laboratories's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heart Test Laboratories's EV-to-FCF Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Heart Test Laboratories's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Heart Test Laboratories's EV-to-FCF falls into.
Heart Test Laboratories's current Enterprise Value is $-1.95 Mil.
Heart Test Laboratories's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.42 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Heart Test Laboratories (NAS:HSCS) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Heart Test Laboratories's PE Ratio for today is calculated as:
Heart Test Laboratories's share price for today is $6.20.
Heart Test Laboratories's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-48.000.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Heart Test Laboratories EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Heart Test Laboratories's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Heart Test Laboratories (Heart Test Laboratories) Business Description
Heart Test Laboratories Inc is a medical technology company focused on applying innovative AI-based technology to an ECG to expand and improve an ECG's clinical usefulness. The objective of the company is to make an ECG a far more valuable cardiac screening tool, particularly in frontline or point-of-care clinical settings.
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