IRMD
IRadimed Corp
Price:  
42.22 
USD
Volume:  
25,457.00
United States | Health Care Equipment & Supplies
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IRMD Fair Value

-16.16 %
Upside

As of 2024-05-24, the Fair Value of IRadimed Corp (IRMD) is 35.40 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 42.22 USD, the upside of IRadimed Corp is -16.16%.

42.22 USD
Stock Price
35.40 USD
Fair Price
FAIR VALUE CALCULATION

IRMD Fair Value

Peter Lynch's formula is:

IRMD Fair Value
= Earnings Growth Rate x TTM EPS
IRMD Fair Value
= 25.00 x 1.42
IRMD Fair Value
= 35.40

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 9.63 1.37 9.33 12.83 17.19 10.07
YoY growth 52.86% -85.77% 581.02% 37.51% 34.00% 123.92%

IRMD Fair Value - Key Data

Market Cap (mil) 534.51
P/E 29.82x
Forward P/E 26.99x
EPS 1.42
Avg earnings growth rate 123.92%
TTM earnings 17.93