GKOS Valuation

Glaukos Corp

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89.790

-1.15(-1.265%)1D

Overview
Forecast
Valuation
Earnings

GKOS Relative Valuation

GKOS's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, GKOS is overvalued; if below, it's undervalued.

Historical Valuation

Glaukos Corp (GKOS) is now in the Fair zone, suggesting that its current forward PS ratio of 9.64 is considered Fairly compared with the five-year average of -56.91. The fair price of Glaukos Corp (GKOS) is between 67.89 to 116.26 according to relative valuation methord.

Relative Value

Fair Zone

67.89-116.26

Current Price：89.79

Fair

-159.40

Trailing

Forward

-258.69

EV/EBITDA

Glaukos Corp. (GKOS) has a current EV/EBITDA of -258.69. The 5-year average EV/EBITDA is -99.73. The thresholds are as follows: Strongly Undervalued below -301.91, Undervalued between -301.91 and -200.82, Fairly Valued between 1.35 and -200.82, Overvalued between 1.35 and 102.44, and Strongly Overvalued above 102.44. The current Forward EV/EBITDA of -258.69 falls within the Undervalued range.

-141.48

EV/EBIT

Glaukos Corp. (GKOS) has a current EV/EBIT of -141.48. The 5-year average EV/EBIT is -61.53. The thresholds are as follows: Strongly Undervalued below -135.49, Undervalued between -135.49 and -98.51, Fairly Valued between -24.56 and -98.51, Overvalued between -24.56 and 12.42, and Strongly Overvalued above 12.42. The current Forward EV/EBIT of -141.48 falls within the Strongly Undervalued range.

9.64

Glaukos Corp. (GKOS) has a current PS of 9.64. The 5-year average PS is 11.09. The thresholds are as follows: Strongly Undervalued below 4.61, Undervalued between 4.61 and 7.85, Fairly Valued between 14.34 and 7.85, Overvalued between 14.34 and 17.58, and Strongly Overvalued above 17.58. The current Forward PS of 9.64 falls within the Historic Trend Line -Fairly Valued range.

71.48

P/OCF

Glaukos Corp. (GKOS) has a current P/OCF of 71.48. The 5-year average P/OCF is 72.34. The thresholds are as follows: Strongly Undervalued below -760.44, Undervalued between -760.44 and -344.05, Fairly Valued between 488.72 and -344.05, Overvalued between 488.72 and 905.11, and Strongly Overvalued above 905.11. The current Forward P/OCF of 71.48 falls within the Historic Trend Line -Fairly Valued range.

90.36

P/FCF

Glaukos Corp. (GKOS) has a current P/FCF of 90.36. The 5-year average P/FCF is 5.25. The thresholds are as follows: Strongly Undervalued below -2262.34, Undervalued between -2262.34 and -1128.54, Fairly Valued between 1139.04 and -1128.54, Overvalued between 1139.04 and 2272.83, and Strongly Overvalued above 2272.83. The current Forward P/FCF of 90.36 falls within the Historic Trend Line -Fairly Valued range.

Glaukos Corp (GKOS) has a current Price-to-Book (P/B) ratio of 6.80. Compared to its 3-year average P/B ratio of 7.89 , the current P/B ratio is approximately -13.78% higher. Relative to its 5-year average P/B ratio of 6.54, the current P/B ratio is about 3.97% higher. Glaukos Corp (GKOS) has a Forward Free Cash Flow (FCF) yield of approximately -0.52%. Compared to its 3-year average FCF yield of -1.89%, the current FCF yield is approximately -72.65% lower. Relative to its 5-year average FCF yield of -1.45% , the current FCF yield is about -64.52% lower.

6.80

P/B

Median3y

7.89

Median5y

6.54

-0.52

FCF Yield

Median3y

-1.89

Median5y

-1.45

Competitors Valuation Multiple

The average P/S ratio for GKOS's competitors is 4.39, providing a benchmark for relative valuation. Glaukos Corp Corp (GKOS) exhibits a P/S ratio of 9.64, which is 119.27% above the industry average. Given its robust revenue growth of 29.71%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

iRhythm Technologies Inc

Merit Medical Systems Inc

Performance Decomposition

Market capitalization of GKOS decreased by 32.94% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 95.69M to 124.12M.

The secondary factor is the P/E Change, contributed 7.36%to the performance.

Overall, the performance of GKOS in the past 1 year is driven by Revenue Growth. Which is more sustainable.

29.71%

95.69M → 124.12M

Revenue Growth

-70.01%

-52.82 → -15.84

Margin Expansion

7.36%

-51.24 → -55.01

P/E Change

-32.94%