electroCore, Inc.
NASDAQ:ECOR

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electroCore, Inc. Logo
electroCore, Inc.
NASDAQ:ECOR
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Price: 6.15 USD Market Closed
Market Cap: $49.7m

EV/IC

10.3
Current
56%
More Expensive
vs 3-y average of 6.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
10.3
=
Enterprise Value
$51.3m
/
Invested Capital
$4.3m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
10.3
=
Enterprise Value
$51.3m
/
Invested Capital
$4.3m

Valuation Scenarios

electroCore, Inc. is trading above its 3-year average

If EV/IC returns to its 3-Year Average (6.6), the stock would be worth $3.94 (36% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-86%
Maximum Upside
No Upside Scenarios
Average Downside
62%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 10.3 $6.15
0%
3-Year Average 6.6 $3.94
-36%
5-Year Average 5.6 $3.32
-46%
Industry Average 1.9 $1.14
-81%
Country Average 1.5 $0.89
-86%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
US
electroCore, Inc.
NASDAQ:ECOR
49.2m USD 10.3 -3.5
US
Intuitive Surgical Inc
NASDAQ:ISRG
161.2B USD 10.9 56.4
US
Abbott Laboratories
NYSE:ABT
158.6B USD 2.2 25.3
US
Stryker Corp
NYSE:SYK
120.5B USD 3.1 37.1
IE
Medtronic PLC
NYSE:MDT
101.9B USD 1.5 22.1
US
Boston Scientific Corp
NYSE:BSX
84.8B USD 2.3 23.8
US
Edwards Lifesciences Corp
NYSE:EW
47.2B USD 4.7 43
US
IDEXX Laboratories Inc
NASDAQ:IDXX
44.1B USD 14.5 41.7
DE
Siemens Healthineers AG
XETRA:SHL
38.3B EUR 1.2 18.1
US
Becton Dickinson and Co
NYSE:BDX
41.4B USD 1.2 23.5
US
Resmed Inc
NYSE:RMD
30.9B USD 4.4 20.8

Market Distribution

Higher than 91% of companies in the United States of America
Percentile
91th
Based on 11 657 companies
91th percentile
10.3
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.9
Max 566 432.7

electroCore, Inc.
Glance View

Market Cap
49.7m USD
Industry
Health Care

electroCore, Inc. engages in the provision of non-invasive vagus nerve stimulation (nVNS) therapy. The company is headquartered in Rockaway, New Jersey and currently employs 52 full-time employees. The company went IPO on 2018-06-22. nVNS is a platform for bioelectronic medical therapy that modulates neurotransmitters and immune function through its effects on both the peripheral and central nervous systems. The firm is providing gammaCore device for the treatment of cluster headache and migraine, the acute treatment of migraine and episodic cluster headache, the acute and preventive treatment of migraines in adolescents, and paroxysmal hemicrania and hemicrania continua in adults. gammaCore permits patients to self-administer doses of nVNS on an as-needed basis for treatment of prevent multiple types of headache pain via the vagus nerve. The gammaCore therapy is also used to treat primary headache, including migraine, cluster headache (CH), hemicrania continua and paroxysmal hemicrania (PH) and coronavirus (COVID-19).

ECOR Intrinsic Value
17.12 USD
Undervaluation 64%
Intrinsic Value
Price $6.15
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