CorMedix Inc. (CRMD)
NASDAQ: CRMD · Real-Time Price · USD
7.91
+0.36 (4.77%)
At close: May 18, 2026, 4:00 PM EDT
7.94
+0.03 (0.38%)
Pre-market: May 19, 2026, 6:27 AM EDT

CorMedix Statistics

Total Valuation

CorMedix has a market cap or net worth of $620.55 million. The enterprise value is $589.88 million.

Market Cap620.55M
Enterprise Value 589.88M

Important Dates

The last earnings date was Thursday, May 14, 2026, before market open.

Earnings Date May 14, 2026
Ex-Dividend Date n/a

Share Statistics

CorMedix has 78.45 million shares outstanding. The number of shares has increased by 39.80% in one year.

Current Share Class 78.45M
Shares Outstanding 78.45M
Shares Change (YoY) +39.80%
Shares Change (QoQ) -0.99%
Owned by Insiders (%) 7.17%
Owned by Institutions (%) 46.19%
Float 66.55M

Valuation Ratios

The trailing PE ratio is 3.73 and the forward PE ratio is 37.92.

PE Ratio 3.73
Forward PE 37.92
PS Ratio 1.55
Forward PS n/a
PB Ratio 1.42
P/TBV Ratio 16.21
P/FCF Ratio 3.19
P/OCF Ratio 3.14
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.58, with an EV/FCF ratio of 3.03.

EV / Earnings 3.28
EV / Sales 1.47
EV / EBITDA 2.58
EV / EBIT 2.89
EV / FCF 3.03

Financial Position

The company has a current ratio of 2.98, with a Debt / Equity ratio of 0.34.

Current Ratio 2.98
Quick Ratio 2.59
Debt / Equity 0.34
Debt / EBITDA 0.64
Debt / FCF 0.76
Interest Coverage 73.28

Financial Efficiency

Return on equity (ROE) is 65.59% and return on invested capital (ROIC) is 49.12%.

Return on Equity (ROE) 65.59%
Return on Assets (ROA) 26.40%
Return on Invested Capital (ROIC) 49.12%
Return on Capital Employed (ROCE) 29.68%
Weighted Average Cost of Capital (WACC) 10.27%
Revenue Per Employee $2.09M
Profits Per Employee $942,534
Employee Count191
Asset Turnover 0.83
Inventory Turnover 1.70

Taxes

In the past 12 months, CorMedix has paid $4.01 million in taxes.

Income Tax 4.01M
Effective Tax Rate 2.16%

Stock Price Statistics

The stock price has decreased by -35.59% in the last 52 weeks. The beta is 1.46, so CorMedix's price volatility has been higher than the market average.

Beta (5Y) 1.46
52-Week Price Change -35.59%
50-Day Moving Average 7.17
200-Day Moving Average 9.64
Relative Strength Index (RSI) 56.80
Average Volume (20 Days) 1,292,000

Short Selling Information

The latest short interest is 16.22 million, so 20.68% of the outstanding shares have been sold short.

Short Interest 16.22M
Short Previous Month 15.72M
Short % of Shares Out 20.68%
Short % of Float 24.38%
Short Ratio (days to cover) 16.03

Income Statement

In the last 12 months, CorMedix had revenue of $400.05 million and earned $180.02 million in profits. Earnings per share was $2.12.

Revenue400.05M
Gross Profit 367.51M
Operating Income 203.87M
Pretax Income 185.02M
Net Income 180.02M
EBITDA 228.81M
EBIT 203.87M
Earnings Per Share (EPS) $2.12
Full Income Statement

Balance Sheet

The company has $178.09 million in cash and $147.42 million in debt, with a net cash position of $30.67 million or $0.39 per share.

Cash & Cash Equivalents 178.09M
Total Debt 147.42M
Net Cash 30.67M
Net Cash Per Share $0.39
Equity (Book Value) 437.05M
Book Value Per Share 5.57
Working Capital 254.34M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $197.69 million and capital expenditures -$2.98 million, giving a free cash flow of $194.71 million.

Operating Cash Flow 197.69M
Capital Expenditures -2.98M
Depreciation & Amortization 24.93M
Net Borrowing 149.68M
Free Cash Flow 194.71M
FCF Per Share $2.48
Full Cash Flow Statement

Margins

Gross margin is 91.86%, with operating and profit margins of 50.96% and 45.25%.

Gross Margin 91.86%
Operating Margin 50.96%
Pretax Margin 46.25%
Profit Margin 45.25%
EBITDA Margin 57.19%
EBIT Margin 50.96%
FCF Margin 48.67%

Dividends & Yields

CorMedix does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -39.80%
Shareholder Yield -39.80%
Earnings Yield 29.01%
FCF Yield 31.38%

Analyst Forecast

The average price target for CorMedix is $15.00, which is 89.63% higher than the current price. The consensus rating is "Strong Buy".

Price Target $15.00
Price Target Difference 89.63%
Analyst Consensus Strong Buy
Analyst Count 7
Revenue Growth Forecast (5Y) 14.75%
EPS Growth Forecast (5Y) 12.79%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 26, 2019. It was a reverse split with a ratio of 1:5.

Last Split Date Mar 26, 2019
Split Type Reverse
Split Ratio 1:5

Scores

CorMedix has an Altman Z-Score of 2.69 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.69
Piotroski F-Score 5