Market cap
$1,117 Mln
Revenue (TTM)
$191 Mln
P/E Ratio
--
P/B Ratio
7.2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 5.69 | 13.12 | 17.53 | 28.74 | 31.45 |
| EBIT | -15.14 | -35.10 | -18.11 | -9.76 | -2.84 |
| Net Profit | -17.45 | -23.13 | -5.67 | -6.04 | 1.33 |
| EPS | -16.39 | -20.47 | -1.39 | -0.65 | 5.79 |
| Book Value | -- | -- | -11.17 | 7.05 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| -40.02 | -44.23 | -30.07 | -33.46 | -38.11 |
| Net Margin
| -49.57 | -58.32 | -29.53 | -- | -- |
| Return on equity
| -45.69 | -76.88 | -36.97 | -35.39 | -47.73 |
| Return on Capital
| -30.10 | -40.51 | -- | -23.42 | -31.51 |
| Return on Assets
| -26.02 | -34.55 | -19.20 | -20.84 | -27.22 |
| Debt to Equity (x)
| -- | -- | 0.49 | 0.56 | 0.47 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
--
|
-23.42
|
-31.51
|
-35.38
|
-36.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-36.97
Lower than Peers by 41.95
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-36.97
|
-35.39
|
-47.73
|
-53.96
|
-56.17
|
|
Peer Median
|
4.98
|
--
|
--
|
--
|
--
|
ROA
-19.20
Lower than Peers by 21.66
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-19.20
|
-20.84
|
-27.22
|
-30.00
|
-31.82
|
|
Peer Median
|
2.46
|
--
|
--
|
--
|
--
|
EBIT Margin
-30.07
Lower than Peers by 38.59
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-30.07
|
-33.46
|
-38.11
|
-48.50
|
-57.35
|
|
Peer Median
|
8.53
|
--
|
--
|
--
|
--
|
Net Margin
-29.53
Lower than Peers by 34.28
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-29.53
|
-31.47
|
-41.85
|
-49.57
|
-67.06
|
|
Peer Median
|
4.75
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
17.53
Higher than Peers by 8.76
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
17.53
|
0.28
|
0.37
|
0.35
|
0.19
|
|
Peer Median
|
8.78
|
--
|
--
|
--
|
--
|
EBIT Growth
-18.11
Lower than Peers by 29.14
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-18.11
|
-12.18
|
-7.36
|
-14.06
|
-55.74
|
|
Peer Median
|
11.03
|
--
|
--
|
--
|
--
|
Net Profit Growth
-5.67
Lower than Peers by 19.42
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-5.67
|
3.92
|
-15.14
|
0.00
|
10.14
|
|
Peer Median
|
13.75
|
--
|
--
|
--
|
--
|
EPS Growth
-1.39
Lower than Peers by 22.83
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-1.39
|
0.07
|
-0.07
|
0.02
|
0.18
|
|
Peer Median
|
21.44
|
--
|
--
|
--
|
--
|
Book Value Growth
-2.68
Lower than Peers by 9.49
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-2.68
|
--
|
--
|
--
|
--
|
|
Peer Median
|
6.82
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.49
Higher than Peers by 0.10
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
0.49
|
0.56
|
0.47
|
0.61
|
0.46
|
|
Peer Median
|
0.40
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
0.01
|
0.01
|
0.01
|
0.05
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
7.63
Higher than Peers by 4.93
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
7.63
|
7.95
|
10.41
|
5.49
|
8.86
|
|
Peer Median
|
2.70
|
--
|
--
|
--
|
--
|
Quick Ratio
6.69
Higher than Peers by 4.66
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
6.69
|
6.97
|
9.62
|
4.81
|
8.35
|
|
Peer Median
|
2.03
|
--
|
--
|
--
|
--
|
Interest Coverage
-7.18
Lower than Peers by 12.20
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-7.18
|
-8.63
|
-10.36
|
-19.54
|
-9.78
|
|
Peer Median
|
5.02
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
13.71
Lower than Peers by 2.68
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
13.71
|
13.31
|
12.99
|
11.66
|
12.06
|
|
Peer Median
|
16.39
|
--
|
--
|
--
|
--
|
Asset Turnover
0.65
Higher than Peers by 0.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
0.65
|
0.66
|
0.65
|
0.60
|
0.48
|
|
Peer Median
|
0.50
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
--
|
42.87
|
39.31
|
37.62
|
42.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
--
|
179.42
|
179.10
|
199.81
|
174.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
--
|
29.92
|
23.64
|
35.72
|
38.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
--
|
192.37
|
194.77
|
201.70
|
178.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
--
|
-8.60
|
-34.26
|
-29.54
|
-42.59
|
|
Peer Median
|
46.09
|
--
|
--
|
--
|
--
|
Price / Book Value
7.22
Higher than Peers by 3.44
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
7.22
|
3.17
|
12.13
|
18.78
|
19.96
|
|
Peer Median
|
3.78
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
-12.84
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
-12.84
|
-6.89
|
-37.26
|
-30.17
|
-49.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
1,117
Higher than Peers by 582
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Silk Road Medical (SILK)
|
1,117
|
--
|
--
|
--
|
--
|
|
Peer Median
|
535
|
--
|
--
|
--
|
--
|