Market cap
$2 Mln
Revenue (TTM)
$7 Mln
P/E Ratio
--
P/B Ratio
0.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -10.67 | -9.19 | -6.26 | -11.45 | -3.32 |
| EBIT | 16.84 | 14.85 | -6.44 | -4.62 | 0.98 |
| Net Profit | 15.04 | -81.67 | -24.28 | -3.15 | 1.71 |
| EPS | 37.58 | 42.98 | 54.57 | 21.33 | 14.78 |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| -204.04 | -206.55 | -248.49 | -217.39 | -206.18 |
| Net Margin
| -166.08 | -192.60 | -256.25 | -- | -- |
| Return on equity
| 449.71 | 181.81 | -- | 1,782.10 | -251.31 |
| Return on Capital
| -91.51 | -91.48 | -- | -123.38 | -76.28 |
| Return on Assets
| -75.84 | -76.04 | -62.75 | -96.51 | -64.93 |
| Debt to Equity (x)
| -- | -- | 0.00 | -2.48 | 3.95 |
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
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
-123.38
|
-76.28
|
-74.88
|
-77.97
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
--
--
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
1,782.10
|
-251.31
|
-181.67
|
-198.52
|
|
Peer Median
|
4.94
|
--
|
--
|
--
|
--
|
ROA
-62.75
Lower than Peers by 65.20
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
-62.75
|
-96.51
|
-64.93
|
-66.08
|
-69.53
|
|
Peer Median
|
2.45
|
--
|
--
|
--
|
--
|
EBIT Margin
-248.49
Lower than Peers by 256.96
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
-248.49
|
-217.39
|
-206.18
|
-188.56
|
-208.62
|
|
Peer Median
|
8.47
|
--
|
--
|
--
|
--
|
Net Margin
-256.25
Lower than Peers by 260.93
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
-256.25
|
-239.41
|
-210.65
|
-166.08
|
-223.96
|
|
Peer Median
|
4.68
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-6.26
Lower than Peers by 14.75
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
-6.26
|
-0.08
|
-0.18
|
0.16
|
-0.04
|
|
Peer Median
|
8.49
|
--
|
--
|
--
|
--
|
EBIT Growth
-6.44
Lower than Peers by 17.08
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
-6.44
|
2.47
|
10.70
|
-4.51
|
5.59
|
|
Peer Median
|
10.65
|
--
|
--
|
--
|
--
|
Net Profit Growth
-24.28
Lower than Peers by 37.84
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
-24.28
|
-5.12
|
15.85
|
-4.47
|
-0.36
|
|
Peer Median
|
13.55
|
--
|
--
|
--
|
--
|
EPS Growth
54.57
Higher than Peers by 34.06
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
54.57
|
0.59
|
0.47
|
0.07
|
0.88
|
|
Peer Median
|
20.51
|
--
|
--
|
--
|
--
|
Book Value Growth
189.82
Higher than Peers by 182.81
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
189.82
|
--
|
--
|
--
|
--
|
|
Peer Median
|
7.01
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
-2.48
|
3.95
|
1.59
|
1.30
|
|
Peer Median
|
0.40
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
1.39
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
1.39
|
-2.48
|
3.94
|
0.20
|
0.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.21
Lower than Peers by 1.62
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
1.21
|
0.63
|
1.17
|
5.48
|
3.74
|
|
Peer Median
|
2.83
|
--
|
--
|
--
|
--
|
Quick Ratio
0.81
Lower than Peers by 1.23
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
0.81
|
0.36
|
0.89
|
4.50
|
3.22
|
|
Peer Median
|
2.05
|
--
|
--
|
--
|
--
|
Interest Coverage
-15.54
Lower than Peers by 20.50
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
-15.54
|
-9.68
|
-10.24
|
-11.59
|
-10.80
|
|
Peer Median
|
4.96
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
12.08
Lower than Peers by 4.38
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
12.08
|
13.25
|
12.78
|
13.75
|
16.94
|
|
Peer Median
|
16.46
|
--
|
--
|
--
|
--
|
Asset Turnover
0.24
Lower than Peers by 0.26
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
0.24
|
0.40
|
0.31
|
0.32
|
0.31
|
|
Peer Median
|
0.50
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
49.43
|
54.08
|
51.87
|
61.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
331.79
|
310.91
|
230.85
|
231.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
45.52
|
65.82
|
56.86
|
40.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
335.70
|
299.18
|
225.86
|
252.51
|
|
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
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
-0.19
|
-0.03
|
-0.01
|
-0.01
|
|
Peer Median
|
44.46
|
--
|
--
|
--
|
--
|
Price / Book Value
0.39
Lower than Peers by 3.40
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
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
0.39
|
-0.56
|
0.13
|
0.01
|
0.01
|
|
Peer Median
|
3.79
|
--
|
--
|
--
|
--
|
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
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
-0.40
--
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
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
-0.40
|
-0.83
|
-0.15
|
0.22
|
0.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
2
Lower than Peers by 539
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avinger (AVGR)
|
2
|
--
|
--
|
--
|
--
|
|
Peer Median
|
540
|
--
|
--
|
--
|
--
|