Globus Historical Financial Ratios
GMED Stock | USD 51.95 1.47 2.91% |
Globus Medical is recently reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.43 or Days Sales Outstanding of 123 will help investors to properly organize and evaluate Globus Medical financial condition quickly.
Globus |
About Globus Financial Ratios Analysis
Globus MedicalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Globus Medical investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Globus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Globus Medical history.
Globus Medical Financial Ratios Chart
Globus Medical financial ratios usually calculated using numerical values taken directly from Globus Medical financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Globus Medical. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At present, Globus Medical's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 37.12, whereas Operating Cash Flow Per Share is forecasted to decline to 1.18. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Globus Medical stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Globus Medical sales, a figure that is much harder to manipulate than other Globus Medical multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Return On Equity
Return on Equity is the amount of Globus Medical net income returned as a percentage of Globus Medical equity. Return on equity measures Globus Medical profitability by revealing how much profit Globus Medical generates with the money shareholders have invested. A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity.Most ratios from Globus Medical's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Globus Medical current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.At present, Globus Medical's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 37.12, whereas Operating Cash Flow Per Share is forecasted to decline to 1.18.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 63.11 | 77.55 | 117.49 | 123.36 | PTB Ratio | 4.18 | 4.04 | 1.51 | 1.43 |
Globus Medical fundamentals Correlations
Click cells to compare fundamentals
Globus Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Globus Medical fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 7.43 | 8.15 | 7.59 | 7.3 | 3.84 | 4.16 | |
Ptb Ratio | 4.16 | 4.27 | 4.18 | 4.04 | 1.51 | 1.43 | |
Days Sales Outstanding | 75.49 | 68.51 | 63.11 | 77.55 | 117.49 | 123.36 | |
Book Value Per Share | 14.14 | 15.28 | 17.29 | 18.38 | 35.35 | 37.12 | |
Free Cash Flow Yield | 0.0288 | 0.0173 | 0.021 | 0.0302 | 0.014 | 0.0355 | |
Operating Cash Flow Per Share | 1.73 | 2.02 | 2.74 | 1.78 | 2.15 | 1.18 | |
Capex To Depreciation | (1.34) | (1.01) | (0.81) | (1.08) | (0.54) | (0.57) | |
Pb Ratio | 4.16 | 4.27 | 4.18 | 4.04 | 1.51 | 1.43 | |
Ev To Sales | 7.19 | 7.85 | 7.39 | 7.15 | 3.88 | 4.0 | |
Roic | 0.0951 | 0.0567 | 0.0775 | 0.0963 | 0.0223 | 0.0212 | |
Net Income Per Share | 1.6 | 1.57 | 1.04 | 1.48 | 1.89 | 0.9 | |
Days Of Inventory On Hand | 398.14 | 384.62 | 361.61 | 413.79 | 564.73 | 592.96 | |
Payables Turnover | 6.16 | 7.31 | 11.95 | 10.9 | 9.67 | 6.42 | |
Research And Ddevelopement To Revenue | 0.0765 | 0.11 | 0.1 | 0.0714 | 0.0791 | 0.0616 | |
Cash Per Share | 3.47 | 3.14 | 4.33 | 4.4 | 4.44 | 4.58 | |
Pocfratio | 33.95 | 32.34 | 26.33 | 41.81 | 24.75 | 19.58 | |
Interest Coverage | (9.88) | 7.99 | 18.5 | 16.02 | 6.61 | 6.94 | |
Pfcf Ratio | 57.67 | 47.58 | 33.15 | 71.46 | 36.47 | 50.48 | |
Days Payables Outstanding | 49.92 | 30.56 | 33.5 | 49.96 | 37.73 | 52.94 | |
Income Quality | 1.11 | 1.94 | 1.85 | 0.94 | 1.98 | 1.05 | |
Ev To Operating Cash Flow | 32.82 | 31.16 | 25.64 | 41.0 | 24.97 | 18.02 | |
Pe Ratio | 37.61 | 62.86 | 48.75 | 39.24 | 49.05 | 25.09 | |
Ev To Free Cash Flow | 55.76 | 45.84 | 32.3 | 70.08 | 36.8 | 27.02 | |
Earnings Yield | 0.0266 | 0.0159 | 0.0205 | 0.0255 | 0.0204 | 0.0194 | |
Intangibles To Total Assets | 0.19 | 0.16 | 0.14 | 0.13 | 0.46 | 0.49 | |
Net Debt To E B I T D A | (0.62) | (0.84) | (1.28) | (0.46) | 0.13 | 0.14 | |
Current Ratio | 6.56 | 6.17 | 6.8 | 6.18 | 4.88 | 7.28 | |
Tangible Book Value Per Share | 12.05 | 12.81 | 14.82 | 15.78 | 14.49 | 15.22 | |
Receivables Turnover | 4.84 | 5.33 | 5.78 | 4.71 | 3.11 | 6.09 | |
Graham Number | 22.32 | 18.89 | 24.0 | 27.98 | 29.4 | 30.87 | |
Shareholders Equity Per Share | 14.14 | 15.28 | 17.29 | 18.38 | 35.35 | 37.12 |
Globus Medical Investors Sentiment
The influence of Globus Medical's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Globus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Globus Medical's public news can be used to forecast risks associated with an investment in Globus. The trend in average sentiment can be used to explain how an investor holding Globus can time the market purely based on public headlines and social activities around Globus Medical. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globus Medical's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Globus Medical's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Globus Medical's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Globus Medical.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globus Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globus Medical's short interest history, or implied volatility extrapolated from Globus Medical options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.Note that the Globus Medical information on this page should be used as a complementary analysis to other Globus Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Globus Stock analysis
When running Globus Medical's price analysis, check to measure Globus Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globus Medical is operating at the current time. Most of Globus Medical's value examination focuses on studying past and present price action to predict the probability of Globus Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Medical's price. Additionally, you may evaluate how the addition of Globus Medical to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |
Is Globus Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globus Medical. If investors know Globus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globus Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Earnings Share 1.07 | Revenue Per Share 13.87 | Quarterly Revenue Growth 1.246 | Return On Assets 0.0477 |
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globus Medical's market value can be influenced by many factors that don't directly affect Globus Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.