CorMedix Inc. (CRMD)
NASDAQ: CRMD · Real-Time Price · USD
7.54
-0.60 (-7.37%)
At close: Aug 14, 2026, 4:00 PM EDT
7.60
+0.06 (0.75%)
After-hours: Aug 14, 2026, 5:07 PM EDT

CorMedix Statistics

Total Valuation

CorMedix has a market cap or net worth of $587.70 million. The enterprise value is $478.46 million.

Market Cap587.70M
Enterprise Value 478.46M

Important Dates

The last earnings date was Thursday, August 13, 2026, before market open.

Earnings Date Aug 13, 2026
Ex-Dividend Date n/a

Share Statistics

CorMedix has 77.94 million shares outstanding. The number of shares has increased by 40.04% in one year.

Current Share Class 77.94M
Shares Outstanding 77.94M
Shares Change (YoY) +40.04%
Shares Change (QoQ) -0.54%
Owned by Insiders (%) 7.24%
Owned by Institutions (%) 46.32%
Float 66.53M

Valuation Ratios

The trailing PE ratio is 3.91.

PE Ratio 3.91
Forward PE n/a
PS Ratio 1.31
Forward PS 2.17
PB Ratio 1.37
P/TBV Ratio 8.34
P/FCF Ratio 2.41
P/OCF Ratio 2.38
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 1.95, with an EV/FCF ratio of 1.97.

EV / Earnings 2.66
EV / Sales 1.07
EV / EBITDA 1.95
EV / EBIT 2.28
EV / FCF 1.97

Financial Position

The company has a current ratio of 2.56, with a Debt / Equity ratio of 0.32.

Current Ratio 2.56
Quick Ratio 2.23
Debt / Equity 0.32
Debt / EBITDA 0.58
Debt / FCF 0.59
Interest Coverage 78.02

Financial Efficiency

Return on equity (ROE) is 54.93% and return on invested capital (ROIC) is 55.18%.

Return on Equity (ROE) 54.93%
Return on Assets (ROA) 24.56%
Return on Invested Capital (ROIC) 55.18%
Return on Capital Employed (ROCE) 30.29%
Weighted Average Cost of Capital (WACC) 10.37%
Revenue Per Employee $2.42M
Profits Per Employee $973,901
Employee Count191
Asset Turnover 0.80
Inventory Turnover 1.88

Taxes

In the past 12 months, CorMedix has paid $16.23 million in taxes.

Income Tax 16.23M
Effective Tax Rate 7.98%

Stock Price Statistics

The stock price has decreased by -37.58% in the last 52 weeks. The beta is 1.50, so CorMedix's price volatility has been higher than the market average.

Beta (5Y) 1.50
52-Week Price Change -37.58%
50-Day Moving Average 8.13
200-Day Moving Average 8.47
Relative Strength Index (RSI) 46.86
Average Volume (20 Days) 1,283,267

Short Selling Information

The latest short interest is 16.28 million, so 20.89% of the outstanding shares have been sold short.

Short Interest 16.28M
Short Previous Month 15.35M
Short % of Shares Out 20.89%
Short % of Float 24.47%
Short Ratio (days to cover) 16.98

Income Statement

In the last 12 months, CorMedix had revenue of $462.25 million and earned $186.02 million in profits. Earnings per share was $2.08.

Revenue462.25M
Gross Profit 417.01M
Operating Income 227.24M
Pretax Income 203.40M
Net Income 186.02M
EBITDA 253.51M
EBIT 217.04M
Earnings Per Share (EPS) $2.08
Full Income Statement

Balance Sheet

The company has $256.69 million in cash and $147.46 million in debt, with a net cash position of $109.24 million or $1.40 per share.

Cash & Cash Equivalents 256.69M
Total Debt 147.46M
Net Cash 109.24M
Net Cash Per Share $1.40
Equity (Book Value) 460.83M
Book Value Per Share 5.93
Working Capital 293.16M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $253.94 million and capital expenditures -$3.52 million, giving a free cash flow of $250.42 million.

Operating Cash Flow 253.94M
Capital Expenditures -3.52M
Depreciation & Amortization 35.31M
Net Borrowing 149.50M
Free Cash Flow 250.42M
FCF Per Share $3.21
Full Cash Flow Statement

Margins

Gross margin is 90.21%, with operating and profit margins of 49.16% and 40.49%.

Gross Margin 90.21%
Operating Margin 49.16%
Pretax Margin 44.00%
Profit Margin 40.49%
EBITDA Margin 54.84%
EBIT Margin 46.95%
FCF Margin 54.17%

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 -40.04%
Shareholder Yield -40.04%
Earnings Yield 30.83%
FCF Yield 41.51%

Analyst Forecast

The average price target for CorMedix is $15.40, which is 104.24% higher than the current price. The consensus rating is "Buy".

Price Target $15.40
Price Target Difference 104.24%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (3Y) 3.47%
EPS Growth Forecast (3Y) -8.02%
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 2.57 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.57
Piotroski F-Score 5