IRIDEX Corp
NASDAQ:IRIX

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IRIDEX Corp
NASDAQ:IRIX
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Price: 0.9401 USD
Market Cap: 15.8m USD

Relative Value

The Relative Value of one IRIX stock under the Base Case scenario is 2.6054 USD. Compared to the current market price of 0.9401 USD, IRIDEX Corp is Undervalued by 64%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IRIX Relative Value
Base Case
2.6054 USD
Undervaluation 64%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
83
Median 3Y
0.6
Median 5Y
0.7
Industry
2.2
Forward
0.3
vs History
vs Industry
Median 3Y
-4.3
Median 5Y
-4.5
Industry
21.9
Forward
-3.4
vs History
vs Industry
Median 3Y
-4.2
Median 5Y
-4.2
Industry
14
vs History
vs Industry
Median 3Y
-5.5
Median 5Y
-5.4
Industry
19.7
vs History
63
vs Industry
12
Median 3Y
2.9
Median 5Y
3
Industry
2.1
vs History
98
vs Industry
86
Median 3Y
0.5
Median 5Y
0.5
Industry
2.3
Forward
0.2
vs History
98
vs Industry
84
Median 3Y
1.1
Median 5Y
1.3
Industry
4.8
vs History
vs Industry
Median 3Y
-3.2
Median 5Y
-3.4
Industry
11.5
Forward
-4.8
vs History
vs Industry
Median 3Y
-3
Median 5Y
-3.1
Industry
15.7
Forward
-2.4
vs History
vs Industry
Median 3Y
-3.3
Median 5Y
-2.9
Industry
14
vs History
vs Industry
Median 3Y
-3.2
Median 5Y
-2.8
Industry
17.4
vs History
98
vs Industry
71
Median 3Y
1.1
Median 5Y
1.3
Industry
1.8

Multiples Across Competitors

IRIX Competitors Multiples
IRIDEX Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
IRIDEX Corp
NASDAQ:IRIX
15.8m USD 0.3 -2.2 -2.6 -2.3
US
Abbott Laboratories
NYSE:ABT
234.9B USD 5.5 17.4 22.6 32.4
US
Intuitive Surgical Inc
NASDAQ:ISRG
183.6B USD 21.1 74.1 59.7 72.6
US
Boston Scientific Corp
NYSE:BSX
147.5B USD 8.4 72.6 34.3 47.7
US
Stryker Corp
NYSE:SYK
144.2B USD 6.2 50.4 25 30.1
IE
Medtronic PLC
NYSE:MDT
111.9B USD 3.3 24 13.4 19.1
DE
Siemens Healthineers AG
XETRA:SHL
51.5B EUR 2.2 24.7 13.9 19.2
US
Becton Dickinson and Co
NYSE:BDX
49.4B USD 2.4 32.5 13 24.3
US
Edwards Lifesciences Corp
NYSE:EW
44.2B USD 8 10.6 24.2 26.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
42.2B USD 10.7 47.2 33.4 37.4
CN
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
287.7B CNY 8.1 25.8 22.7 22.7