Aurora Spine Corp
XTSX:ASG

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Aurora Spine Corp
XTSX:ASG
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Price: 0.275 CAD Market Closed
Market Cap: CA$21.2m

P/B

4.1
Current
5%
Cheaper
vs 3-y average of 4.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.1
=
Market Cap
CA$22.6m
/
Total Equity
$3.8m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.1
=
Market Cap
CA$22.6m
/
Total Equity
$3.8m

Valuation Scenarios

Aurora Spine Corp is trading below its 3-year average

If P/B returns to its 3-Year Average (4.3), the stock would be worth CA$0.29 (5% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-35%
Maximum Upside
+8%
Average Downside
11%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.1 CA$0.28
0%
3-Year Average 4.3 CA$0.29
+5%
5-Year Average 4.4 CA$0.3
+8%
Industry Average 3.3 CA$0.22
-20%
Country Average 2.7 CA$0.18
-35%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CA
Aurora Spine Corp
XTSX:ASG
21.5m CAD 4.1 -11.7
US
Intuitive Surgical Inc
NASDAQ:ISRG
167.2B USD 9.4 58.6
US
Abbott Laboratories
NYSE:ABT
161.2B USD 3.1 25.7
US
Stryker Corp
NYSE:SYK
125.8B USD 5.6 38.8
IE
Medtronic PLC
NYSE:MDT
106.4B USD 2.2 23.1
US
Boston Scientific Corp
NYSE:BSX
88.9B USD 3.7 24.9
US
Edwards Lifesciences Corp
NYSE:EW
48.5B USD 4.7 44.2
DE
Siemens Healthineers AG
XETRA:SHL
40.1B EUR 2.2 19
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.8B USD 28.6 43.3
US
Becton Dickinson and Co
NYSE:BDX
42.8B USD 1.7 24.3
US
Resmed Inc
NYSE:RMD
32.3B USD 5.1 21.8

Market Distribution

In line with most companies in Canada
Percentile
65th
Based on 3 061 companies
65th percentile
4.1
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Aurora Spine Corp
Glance View

Market Cap
21.2m CAD
Industry
Health Care

Aurora Spine Corp. engages in the development and distribution of spinal implant products. The company is headquartered in Toronto, Ontario. The company went IPO on 2013-09-10. Its product line includes implant, surgical tools, biologics, non-fusion, and SiLO minimally invasion sacroiliac fixation system. The implant consists of Cervical and Thoracolumbar. The surgical tools include Anterior Disc Prep, Posterior Disc Prep, Compass 4D Retractor System. The biologics consists of ZIP Graft and Amniopur. The non-fusion includes Zip Flex, which is a minimally invasion posterior non-fusion interspinous implant for motion preservation. The SiLo minimally invasion sacroiliac fixation system is designed for posterior sacroiliac joint fusions. The Apollo Anterior Cervical plate system is comprised of Cervical plates and bone screws constructed of titanium alloy. The ZIP minimally invasion interspinous fusion system consists of ZIP 51 and ZIP LP.

ASG Intrinsic Value
0.379 CAD
Undervaluation 27%
Intrinsic Value
Price CA$0.275
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