CorMedix Inc. (CRMD)
NASDAQ: CRMD · Real-Time Price · USD
8.96
+0.19 (2.17%)
At close: Jun 11, 2026, 4:00 PM EDT
8.98
+0.02 (0.21%)
After-hours: Jun 11, 2026, 7:59 PM EDT

CorMedix Statistics

Total Valuation

CorMedix has a market cap or net worth of $702.93 million. The enterprise value is $672.26 million.

Market Cap702.93M
Enterprise Value 672.26M

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 (%) 45.69%
Float 66.55M

Valuation Ratios

The trailing PE ratio is 4.23 and the forward PE ratio is 61.08.

PE Ratio 4.23
Forward PE 61.08
PS Ratio 1.76
Forward PS 2.55
PB Ratio 1.61
P/TBV Ratio 18.37
P/FCF Ratio 3.61
P/OCF Ratio 3.56
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.94, with an EV/FCF ratio of 3.45.

EV / Earnings 3.73
EV / Sales 1.68
EV / EBITDA 2.94
EV / EBIT 3.30
EV / FCF 3.45

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) 10.52%
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 -39.83% in the last 52 weeks. The beta is 1.47, so CorMedix's price volatility has been higher than the market average.

Beta (5Y) 1.47
52-Week Price Change -39.83%
50-Day Moving Average 7.79
200-Day Moving Average 9.31
Relative Strength Index (RSI) 68.32
Average Volume (20 Days) 1,493,891

Short Selling Information

The latest short interest is 15.54 million, so 19.81% of the outstanding shares have been sold short.

Short Interest 15.54M
Short Previous Month 16.22M
Short % of Shares Out 19.81%
Short % of Float 23.35%
Short Ratio (days to cover) 12.73

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 25.61%
FCF Yield 27.70%

Analyst Forecast

The average price target for CorMedix is $15.33, which is 71.09% higher than the current price. The consensus rating is "Buy".

Price Target $15.33
Price Target Difference 71.09%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (3Y) 3.50%
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 2.69 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