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Acarix AB
STO:ACARIX

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Acarix AB
STO:ACARIX
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Price: 0.2895 SEK -1.19%
Market Cap: kr325.2m

P/B

8.8
Current
89%
More Expensive
vs 3-y average of 4.7

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
8.8
=
Market Cap
kr337.2m
/
Total Equity
kr38.2m

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
8.8
=
Market Cap
kr337.2m
/
Total Equity
kr38.2m

Valuation Scenarios

Acarix AB is trading above its 3-year average

If P/B returns to its 3-Year Average (4.7), the stock would be worth kr0.15 (47% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-75%
Maximum Upside
No Upside Scenarios
Average Downside
61%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 8.8 kr0.29
0%
3-Year Average 4.7 kr0.15
-47%
5-Year Average 4 kr0.13
-55%
Industry Average 2.9 kr0.09
-68%
Country Average 2.2 kr0.07
-75%

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
SE
Acarix AB
STO:ACARIX
337.2m SEK 8.8 -7
US
Intuitive Surgical Inc
NASDAQ:ISRG
171.2B USD 9.6 60
US
Abbott Laboratories
NYSE:ABT
158.3B USD 3 25.2
US
Stryker Corp
NYSE:SYK
125.3B USD 5.6 38.6
IE
Medtronic PLC
NYSE:MDT
106.9B USD 2.2 23.2
US
Boston Scientific Corp
NYSE:BSX
92B USD 3.8 25.8
US
Edwards Lifesciences Corp
NYSE:EW
48.9B USD 4.7 44.6
DE
Siemens Healthineers AG
XETRA:SHL
40B EUR 2.2 19.1
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.1B USD 28.1 42.6
US
Becton Dickinson and Co
NYSE:BDX
43.3B USD 1.7 24.7
US
Resmed Inc
NYSE:RMD
32B USD 5.1 21.6

Market Distribution

Higher than 91% of companies in Sweden
Percentile
91st
Based on 1 382 companies
91st percentile
8.8
Low
0 — 1.2
Typical Range
1.2 — 3.7
High
3.7 —
Distribution Statistics
Sweden
Min 0
30th Percentile 1.2
Median 2.2
70th Percentile 3.7
Max 283.3

Acarix AB
Glance View

Market Cap
325.2m SEK
Industry
Health Care

Acarix AB is engaged in the provision of medical devices for monitoring Coronary Artery Disease. The company is headquartered in Malmo, Skane. The company went IPO on 2016-12-19. The Company’s primary product CADScor System features phonocardiography technique and algorithms. The CADScor System is fixed with a specific patch to the chest of the patient, with the recording head placed at the forth left intercostal space, and the sensor resting on the sternum. Instructions for the procedure are given on the display for the operator and audio cues guide a patient during the two-minute heart sound recording. After recording, the CAD-score is calculated, and presented on the display of the CADScor Sensor, enabling a physicians, nurses and laboratory technicians to make a rule-out diagnosis.

ACARIX Intrinsic Value
0.3943 SEK
Undervaluation 27%
Intrinsic Value
Price kr0.2895
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