Medistim ASA Logo

Medistim ASA

MEDI.OL

(2.8)
Stock Price

132,00 NOK

24.84% ROA

26.26% ROE

29.49x PER

Market Cap.

3.076.782.744,00 NOK

4.88% DER

2.68% Yield

19.38% NPM

Medistim ASA Stock Analysis

Medistim ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Medistim ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (31.27%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (2%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend Growth

With a history of consistent dividend increases over the last five years, the company has proven to be a reliable choice for investors seeking steady income.

5 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

6 Buffet Intrinsic Value

The company's stock seems undervalued (1.023) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 PBV

The stock's elevated P/BV ratio (9.85x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

Medistim ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Medistim ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Medistim ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Medistim ASA Revenue
Year Revenue Growth
2004 75.368.000
2005 80.765.000 6.68%
2006 97.599.000 17.25%
2007 126.853.000 23.06%
2008 140.290.000 9.58%
2009 156.870.000 10.57%
2010 156.801.000 -0.04%
2011 159.619.000 1.77%
2012 181.974.000 12.28%
2013 190.333.000 4.39%
2014 214.251.000 11.16%
2015 249.970.000 14.29%
2016 262.673.000 4.84%
2017 296.054.000 11.28%
2018 323.010.000 8.35%
2019 356.914.000 9.5%
2020 356.208.000 -0.2%
2021 417.817.000 14.75%
2022 486.262.000 14.08%
2023 496.392.000 2.04%
2023 526.364.000 5.69%
2024 579.668.000 9.2%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Medistim ASA Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 7.153.000 100%
2014 7.152.000 -0.01%
2015 4.200.000 -70.29%
2016 5.700.000 26.32%
2017 6.400.000 10.94%
2018 6.400.000 0%
2019 7.800.000 17.95%
2020 14.600.000 46.58%
2021 14.500.000 -0.69%
2022 13.900.000 -4.32%
2023 0 0%
2023 29.000.000 100%
2024 25.600.000 -13.28%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Medistim ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 37.671.000 100%
2008 42.373.000 11.1%
2009 51.696.000 18.03%
2010 51.163.000 -1.04%
2011 0 0%
2012 11.021.000 100%
2013 10.961.000 -0.55%
2014 10.972.000 0.1%
2015 16.106.000 31.88%
2016 16.257.000 0.93%
2017 40.596.000 59.95%
2018 19.714.000 -105.92%
2019 20.492.000 3.8%
2020 23.921.000 14.33%
2021 28.462.000 15.95%
2022 31.032.000 8.28%
2023 0 0%
2023 42.167.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Medistim ASA EBITDA
Year EBITDA Growth
2004 76.168.000
2005 81.565.000 6.62%
2006 99.626.000 18.13%
2007 26.577.000 -274.86%
2008 36.634.000 27.45%
2009 51.443.000 28.79%
2010 38.654.000 -33.09%
2011 33.823.000 -14.28%
2012 47.932.000 29.44%
2013 45.533.000 -5.27%
2014 53.911.000 15.54%
2015 72.308.000 25.44%
2016 65.604.000 -10.22%
2017 80.337.000 18.34%
2018 87.363.000 8.04%
2019 109.489.000 20.21%
2020 114.894.000 4.7%
2021 137.676.000 16.55%
2022 169.460.000 18.76%
2023 155.684.000 -8.85%
2023 155.099.000 -0.38%
2024 190.740.000 18.69%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Medistim ASA Gross Profit
Year Gross Profit Growth
2004 75.368.000
2005 80.765.000 6.68%
2006 97.599.000 17.25%
2007 88.888.000 -9.8%
2008 99.668.000 10.82%
2009 114.078.000 12.63%
2010 114.025.000 -0.05%
2011 117.377.000 2.86%
2012 132.532.000 11.43%
2013 141.144.000 6.1%
2014 158.679.000 11.05%
2015 185.317.000 14.37%
2016 197.715.000 6.27%
2017 223.272.000 11.45%
2018 243.630.000 8.36%
2019 276.775.000 11.98%
2020 279.631.000 1.02%
2021 320.703.000 12.81%
2022 379.776.000 15.55%
2023 406.992.000 6.69%
2023 227.830.000 -78.64%
2024 278.784.000 18.28%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Medistim ASA Net Profit
Year Net Profit Growth
2004 0
2005 0 0%
2006 0 0%
2007 28.393.000 100%
2008 13.537.000 -109.74%
2009 27.874.000 51.44%
2010 18.657.000 -49.4%
2011 15.488.000 -20.46%
2012 30.247.000 48.79%
2013 26.536.000 -13.98%
2014 31.245.000 15.07%
2015 40.422.000 22.7%
2016 39.098.000 -3.39%
2017 47.574.000 17.82%
2018 57.055.000 16.62%
2019 70.306.000 18.85%
2020 69.387.000 -1.32%
2021 90.900.000 23.67%
2022 113.973.000 20.24%
2023 104.528.000 -9.04%
2023 103.823.000 -0.68%
2024 138.884.000 25.24%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Medistim ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 1 0%
2006 1 0%
2007 2 100%
2008 1 0%
2009 2 100%
2010 1 0%
2011 1 0%
2012 2 100%
2013 1 0%
2014 2 0%
2015 2 50%
2016 2 0%
2017 3 0%
2018 3 33.33%
2019 4 0%
2020 4 0%
2021 5 25%
2022 6 33.33%
2023 6 -20%
2023 6 0%
2024 8 28.57%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Medistim ASA Free Cashflow
Year Free Cashflow Growth
2004 3.204.000
2005 9.330.000 65.66%
2006 11.217.000 16.82%
2007 13.300.000 15.66%
2008 17.559.000 24.26%
2009 32.783.000 46.44%
2010 32.307.000 -1.47%
2011 13.365.000 -141.73%
2012 19.773.000 32.41%
2013 4.196.000 -371.23%
2014 34.473.000 87.83%
2015 32.881.000 -4.84%
2016 17.017.000 -93.22%
2017 45.622.000 62.7%
2018 39.420.000 -15.73%
2019 66.698.000 40.9%
2020 63.495.000 -5.04%
2021 116.652.000 45.57%
2022 92.389.000 -26.26%
2023 41.917.000 -120.41%
2023 86.113.000 51.32%
2024 25.272.000 -240.74%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Medistim ASA Operating Cashflow
Year Operating Cashflow Growth
2004 5.395.000
2005 14.891.000 63.77%
2006 17.312.000 13.98%
2007 20.802.000 16.78%
2008 26.761.000 22.27%
2009 32.783.000 18.37%
2010 37.270.000 12.04%
2011 24.662.000 -51.12%
2012 26.250.000 6.05%
2013 26.044.000 -0.79%
2014 48.939.000 46.78%
2015 44.656.000 -9.59%
2016 30.472.000 -46.55%
2017 60.103.000 49.3%
2018 55.792.000 -7.73%
2019 80.380.000 30.59%
2020 74.134.000 -8.43%
2021 128.138.000 42.15%
2022 113.491.000 -12.91%
2023 41.917.000 -170.75%
2023 115.839.000 63.81%
2024 25.272.000 -358.37%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Medistim ASA Capital Expenditure
Year Capital Expenditure Growth
2004 2.191.000
2005 5.561.000 60.6%
2006 6.095.000 8.76%
2007 7.502.000 18.75%
2008 9.202.000 18.47%
2009 0 0%
2010 4.963.000 100%
2011 11.297.000 56.07%
2012 6.477.000 -74.42%
2013 21.848.000 70.35%
2014 14.466.000 -51.03%
2015 11.775.000 -22.85%
2016 13.455.000 12.49%
2017 14.481.000 7.09%
2018 16.372.000 11.55%
2019 13.682.000 -19.66%
2020 10.639.000 -28.6%
2021 11.486.000 7.37%
2022 21.102.000 45.57%
2023 0 0%
2023 29.726.000 100%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Medistim ASA Equity
Year Equity Growth
2004 46.163.000
2005 46.531.000 0.79%
2006 46.529.000 -0%
2007 93.835.000 50.41%
2008 95.461.000 1.7%
2009 106.294.000 10.19%
2010 107.834.000 1.43%
2011 106.885.000 -0.89%
2012 115.170.000 7.19%
2013 121.635.000 5.32%
2014 139.097.000 12.55%
2015 156.164.000 10.93%
2016 166.704.000 6.32%
2017 182.984.000 8.9%
2018 206.712.000 11.48%
2019 236.861.000 12.73%
2020 256.847.000 7.78%
2021 306.052.000 16.08%
2022 367.692.000 16.76%
2023 397.941.000 7.6%
2023 378.267.000 -5.2%
2024 383.254.000 1.3%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Medistim ASA Assets
Year Assets Growth
2004 74.187.000
2005 84.997.000 12.72%
2006 119.148.000 28.66%
2007 128.792.000 7.49%
2008 145.385.000 11.41%
2009 145.627.000 0.17%
2010 145.944.000 0.22%
2011 149.626.000 2.46%
2012 151.867.000 1.48%
2013 168.390.000 9.81%
2014 203.488.000 17.25%
2015 218.436.000 6.84%
2016 217.049.000 -0.64%
2017 251.065.000 13.55%
2018 269.592.000 6.87%
2019 336.109.000 19.79%
2020 345.820.000 2.81%
2021 403.244.000 14.24%
2022 482.659.000 16.45%
2023 505.718.000 4.56%
2023 474.897.000 -6.49%
2024 476.850.000 0.41%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Medistim ASA Liabilities
Year Liabilities Growth
2004 12.475.000
2005 17.583.000 29.05%
2006 45.090.000 61%
2007 34.957.000 -28.99%
2008 49.924.000 29.98%
2009 39.333.000 -26.93%
2010 38.110.000 -3.21%
2011 42.741.000 10.84%
2012 36.697.000 -16.47%
2013 46.755.000 21.51%
2014 64.391.000 27.39%
2015 62.272.000 -3.4%
2016 50.345.000 -23.69%
2017 68.081.000 26.05%
2018 62.880.000 -8.27%
2019 99.248.000 36.64%
2020 88.973.000 -11.55%
2021 97.192.000 8.46%
2022 114.967.000 15.46%
2023 107.777.000 -6.67%
2023 96.630.000 -11.54%
2024 93.596.000 -3.24%

Medistim ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
29.4
Net Income per Share
5.7
Price to Earning Ratio
29.49x
Price To Sales Ratio
5.71x
POCF Ratio
23.48
PFCF Ratio
26.84
Price to Book Ratio
8.03
EV to Sales
5.55
EV Over EBITDA
19.37
EV to Operating CashFlow
22.8
EV to FreeCashFlow
26.07
Earnings Yield
0.03
FreeCashFlow Yield
0.04
Market Cap
3,08 Bil.
Enterprise Value
2,99 Bil.
Graham Number
51.79
Graham NetNet
8.88

Income Statement Metrics

Net Income per Share
5.7
Income Quality
1.26
ROE
0.26
Return On Assets
0.22
Return On Capital Employed
0.33
Net Income per EBT
0.77
EBT Per Ebit
1.05
Ebit per Revenue
0.24
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.51
Operating Profit Margin
0.24
Pretax Profit Margin
0.25
Net Profit Margin
0.19

Dividends

Dividend Yield
0.03
Dividend Yield %
2.68
Payout Ratio
0
Dividend Per Share
4.5

Operating Metrics

Operating Cashflow per Share
7.16
Free CashFlow per Share
6.26
Capex to Operating CashFlow
0.13
Capex to Revenue
0.03
Capex to Depreciation
0.65
Return on Invested Capital
0.25
Return on Tangible Assets
0.25
Days Sales Outstanding
60.47
Days Payables Outstanding
0
Days of Inventory on Hand
228.93
Receivables Turnover
6.04
Payables Turnover
0
Inventory Turnover
1.59
Capex per Share
0.9

Balance Sheet

Cash per Share
5,85
Book Value per Share
20,93
Tangible Book Value per Share
17.83
Shareholders Equity per Share
20.93
Interest Debt per Share
1.31
Debt to Equity
0.05
Debt to Assets
0.04
Net Debt to EBITDA
-0.57
Current Ratio
4.42
Tangible Asset Value
0,33 Bil.
Net Current Asset Value
0,27 Bil.
Invested Capital
395196000
Working Capital
0,28 Bil.
Intangibles to Total Assets
0.12
Average Receivables
0,09 Bil.
Average Payables
0,00 Bil.
Average Inventory
160904500
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Medistim ASA Dividends
Year Dividends Growth
2005 0
2006 0 0%
2007 0 0%
2008 1 0%
2009 1 0%
2010 0 0%
2011 0 0%
2012 1 100%
2013 1 0%
2014 1 0%
2015 1 100%
2016 2 0%
2017 2 0%
2018 2 50%
2019 2 0%
2020 3 0%
2021 3 33.33%
2022 4 0%
2023 5 25%
2024 5 0%

Medistim ASA Profile

About Medistim ASA

Medistim ASA develops, produces, services, leases, and distributes medical devices for cardio-vascular surgery in the United States, Europe, Asia, and internationally. It offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and transit TTFM in a single system for vascular surgery; and imaging probes for intraoperative use. The company also provides various flow probes, such as QuickFit TTFM probes to accurately measure blood volume flow intraoperatively in various range of surgical applications; Vascular TTFM probes for enhancing surgical outcomes; and doppler probes that are used on the surface of the heart/vessel to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, it distributes and sells third party medical equipment. The company was incorporated in 1984 and is headquartered in Oslo, Norway.

CEO
Ms. Kari Eian Krogstad
Employee
150
Address
Økernveien 94
Oslo, 0579

Medistim ASA Executives & BODs

Medistim ASA Executives & BODs
# Name Age
1 Mr. Ole Arne Eiksund
Chief Business Development Officer
70
2 Ms. Stephanie D'Avout Stenhagen
Vice President of Sales EMEA
70
3 Mr. Ole Jorgen Robsrud
Managing Director of Medistim Norge AS
70
4 Ms. Kari Eian Krogstad
Chief Executive Officer & President
70
5 Mr. Mike Farbelow
President of Medistim USA Inc
70
6 Mr. Roger Reino Morberg
Vice President of Sales - APAC
70
7 Mr. Helge Borslid
Vice President of Operations
70
8 Mr. Hakon Grothe
Chief Innovation Officer
70
9 Mr. Thomas Jakobsen
Chief Financial Officer
70
10 Ms. Hæge Johanne Krogh Wetterhus
Vice President of Marketing
70

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