Heartbeam Inc
NASDAQ:BEAT

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Heartbeam Inc
NASDAQ:BEAT
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Price: 0.8818 USD 2.76% Market Closed
Market Cap: $36.2m

P/FCFE

-2.4
Current
40%
Cheaper
vs 3-y average of -4

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-2.4
=
Market Cap
$48.1m
/
Free Cash Flow to Equity
$-14.6m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-2.4
=
Market Cap
$48.1m
/
Free Cash Flow to Equity
$-14.6m

Valuation Scenarios

Heartbeam Inc is trading above its industry average

If P/FCFE returns to its Industry Average (21.8), the stock would be worth $-7.93 (999% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-1 002%
Maximum Upside
No Upside Scenarios
Average Downside
1 000%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -2.4 $0.88
0%
Industry Average 21.8 $-7.93
-999%
Country Average 21.9 $-7.95
-1 002%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
US
Heartbeam Inc
NASDAQ:BEAT
35.4m USD -2.4 -1.7
US
Intuitive Surgical Inc
NASDAQ:ISRG
162.6B USD 65.3 56.9
US
Abbott Laboratories
NYSE:ABT
155.4B USD 29 24.8
US
Stryker Corp
NYSE:SYK
112.7B USD 20.7 34.7
IE
Medtronic PLC
NYSE:MDT
102.7B USD 27.3 22.3
US
Boston Scientific Corp
NYSE:BSX
83.8B USD 29.3 23.5
US
Edwards Lifesciences Corp
NYSE:EW
48.8B USD 37 44.5
DE
Siemens Healthineers AG
XETRA:SHL
39.3B EUR 41.4 18.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.2B USD 46 42.7
US
Becton Dickinson and Co
NYSE:BDX
42.5B USD 17.6 24.2
US
Resmed Inc
NYSE:RMD
29.9B USD 17.2 20.1

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 7 576 companies
0th percentile
-2.4
Low
0 — 13.1
Typical Range
13.1 — 36.5
High
36.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.1
Median 21.9
70th Percentile 36.5
Max 3 188 432.5

Heartbeam Inc
Glance View

Market Cap
36.2m USD
Industry
Health Care

HeartBeam, Inc. is a development stage company, which engages in cardiovascular diagnostic technology. The company is headquartered in Santa Clara, California and currently employs 5 full-time employees. The company went IPO on 2021-10-14. The company specializes in cardiovascular diagnostic technology. The company is primarily focused on telemedicine solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility setting. The company focuses on providing diagnostic data to help physicians with care management of patients with cardiovascular disease. The company delivers remote diagnostic and monitoring technologies that can be used for patients anywhere for ambulatory and emergency room (ER) use. Its telehealth product is comprised of a credit card-sized Electrocardiogram (ECG) machine and a cloud-based diagnostic software system. The company is applying its platform technology to create a software tool for detecting heart attacks in the ED environment. This software tool is designed to enable emergency physicians to diagnose heart attacks. Its credit card sized cardiac electrical signal collection device captures cardiac signals that represent projections of the heart vector.

BEAT Intrinsic Value
0.9985 USD
Undervaluation 12%
Intrinsic Value
Price $0.8818
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