RadNet Statistics
Total Valuation
RadNet has a market cap or net worth of $3.40 billion. The enterprise value is $4.65 billion.
| Market Cap | 3.40B |
| Enterprise Value | 4.65B |
Important Dates
The next estimated earnings date is Tuesday, May 7, 2024, before market open.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RadNet has 73.03 million shares outstanding. The number of shares has increased by 12.80% in one year.
| Shares Outstanding | 73.03M |
| Shares Change (YoY) | +12.80% |
| Shares Change (QoQ) | +0.23% |
| Owned by Insiders (%) | 11.46% |
| Owned by Institutions (%) | 75.19% |
| Float | 60.33M |
Valuation Ratios
The trailing PE ratio is 956.30 and the forward PE ratio is 85.23. RadNet's PEG ratio is 2.32.
| PE Ratio | 956.30 |
| Forward PE | 85.23 |
| PS Ratio | 2.16 |
| Forward PS | 1.96 |
| PB Ratio | 5.54 |
| P/FCF Ratio | 78.84 |
| PEG Ratio | 2.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.50, with an EV/FCF ratio of 104.74.
| EV / Earnings | 1,525.95 |
| EV / Sales | 2.87 |
| EV / EBITDA | 17.50 |
| EV / EBIT | 61.12 |
| EV / FCF | 104.74 |
Financial Position
The company has a current ratio of 1.32, with a Debt / Equity ratio of 2.36.
| Current Ratio | 1.32 |
| Quick Ratio | 1.22 |
| Debt / Equity | 2.36 |
| Debt / EBITDA | 5.62 |
| Debt / FCF | 33.62 |
| Interest Coverage | 1.18 |
Financial Efficiency
Return on equity (ROE) is 0.60% and return on invested capital (ROIC) is 1.29%.
| Return on Equity (ROE) | 0.60% |
| Return on Assets (ROA) | 0.10% |
| Return on Capital (ROIC) | 1.29% |
| Revenue Per Employee | $205,365 |
| Profits Per Employee | $387 |
| Employee Count | 7,872 |
| Asset Turnover | 0.62 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, RadNet has paid $8.47 million in taxes.
| Income Tax | 8.47M |
| Effective Tax Rate | 73.57% |
Stock Price Statistics
The stock price has increased by +71.57% in the last 52 weeks. The beta is 1.71, so RadNet's price volatility has been higher than the market average.
| Beta (1Y) | 1.71 |
| 52-Week Price Change | +71.57% |
| 50-Day Moving Average | 44.33 |
| 200-Day Moving Average | 35.27 |
| Relative Strength Index (RSI) | 54.20 |
| Average Volume (30 Days) | 557,967 |
Short Selling Information
The latest short interest is 2.96 million, so 4.05% of the outstanding shares have been sold short.
| Short Interest | 2.96M |
| Short Previous Month | 2.77M |
| Short % of Shares Out | 4.05% |
| Short % of Float | 4.91% |
| Short Ratio (days to cover) | 3.30 |
Income Statement
In the last 12 months, RadNet had revenue of $1.62 billion and earned $3.04 million in profits. Earnings per share was $0.05.
| Revenue | 1.62B |
| Gross Profit | 221.39M |
| Operating Income | 103.84M |
| Pretax Income | 11.52M |
| Net Income | 3.04M |
| EBITDA | 265.49M |
| EBIT | 76.00M |
| Earnings Per Share (EPS) | $0.05 |
Balance Sheet
The company has $342.57 million in cash and $1.49 billion in debt, giving a net cash position of -$1.15 billion or -$15.73 per share.
| Cash & Cash Equivalents | 342.57M |
| Total Debt | 1.49B |
| Net Cash | -1.15B |
| Net Cash Per Share | -$15.73 |
| Equity / Book Value | 630.70M |
| Book Value Per Share | 8.64 |
| Working Capital | 141.82M |
Cash Flow
In the last 12 months, operating cash flow was $220.86 million and capital expenditures -$176.52 million, giving a free cash flow of $44.35 million.
| Operating Cash Flow | 220.86M |
| Capital Expenditures | -176.52M |
| Free Cash Flow | 44.35M |
| FCF Per Share | $0.70 |
Margins
Gross margin is 13.69%, with operating and profit margins of 6.42% and 0.19%.
| Gross Margin | 13.69% |
| Operating Margin | 6.42% |
| Pretax Margin | 0.71% |
| Profit Margin | 0.19% |
| EBITDA Margin | 16.42% |
| EBIT Margin | 4.70% |
| FCF Margin | 2.74% |
Dividends & Yields
RadNet 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 | -12.80% |
| Shareholder Yield | -12.80% |
| Earnings Yield | 0.09% |
| FCF Yield | 1.27% |
Analyst Forecast
The average price target for RadNet is $50.25, which is 7.91% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $50.25 |
| Price Target Difference | 7.91% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on November 28, 2006. It was a reverse split with a ratio of 1:2.
| Last Split Date | Nov 28, 2006 |
| Split Type | Reverse |
| Split Ratio | 1:2 |
Scores
RadNet has an Altman Z-Score of 1.83 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.83 |
| Piotroski F-Score | 7 |