Clearpoint Neuro Inc
NASDAQ:CLPT

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Clearpoint Neuro Inc
NASDAQ:CLPT
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Price: 14.17 USD -1.25% Market Closed
Market Cap: $421.6m

Gross Margin

61.3%
Current
Improving
by 1.1%
vs 3-y average of 60.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
61.3%
=
Gross Profit
$21.1m
/
Revenue
$34.3m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
61.3%
=
Gross Profit
$21.1m
/
Revenue
$34.3m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Clearpoint Neuro Inc
NASDAQ:CLPT
404.5m USD
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US
Abbott Laboratories
NYSE:ABT
195.6B USD
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US
Intuitive Surgical Inc
NASDAQ:ISRG
178.9B USD
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US
Stryker Corp
NYSE:SYK
145.2B USD
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IE
Medtronic PLC
NYSE:MDT
124.8B USD
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US
Boston Scientific Corp
NYSE:BSX
110.6B USD
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DE
Siemens Healthineers AG
XETRA:SHL
47.2B EUR
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US
Becton Dickinson and Co
NYSE:BDX
52.7B USD
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US
IDEXX Laboratories Inc
NASDAQ:IDXX
50.9B USD
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US
Edwards Lifesciences Corp
NYSE:EW
46.3B USD
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US
GE Healthcare Technologies Inc
NASDAQ:GEHC
38.3B USD
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Market Distribution

Higher than 71% of companies in the United States of America
Percentile
71th
Based on 12 729 companies
71th percentile
61.3%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Clearpoint Neuro Inc
Glance View

Clearpoint Neuro, Inc. engages in the development and commercialization of platforms for performing minimally invasive surgical procedures in the brain and heart. The company is headquartered in Solana Beach, California and currently employs 80 full-time employees. The company went IPO on 2019-07-03. The Company’s product platforms include SmartFlow Cannula and ClearPoint Navigation System Software. The SmartFlow Cannula is being utilized in approved combination product clinical and preclinical studies by pharmaceutical companies and academic research customers for various research and clinical trials in connection with delivery of therapeutic agents. The ClearPoint Navigation System Software is a software for surgical planning, navigation to target, and device delivery. The Company’s software and MRI-compatible workstation coordinate with the scanner to effectively utilize intraprocedural MR images. This provides real-time navigational instruction for the neurosurgeon to reach the desired anatomical target with a high degree of precision.

CLPT Intrinsic Value
7.81 USD
Overvaluation 45%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
61.3%
=
Gross Profit
$21.1m
/
Revenue
$34.3m
What is Clearpoint Neuro Inc's current Gross Margin?

The current Gross Margin for Clearpoint Neuro Inc is 61.3%, which is above its 3-year median of 60.2%.

How has Gross Margin changed over time?

Over the last 3 years, Clearpoint Neuro Inc’s Gross Margin has decreased from 68.7% to 61.3%. During this period, it reached a low of 56.8% on Dec 31, 2023 and a high of 68.7% on Sep 30, 2022.

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