NYSE
INSP
Last Price
US $49.15
KEY FIGURES
MKT CAP
$1.4B
EPS
TTM
$4.57
PEG
TTM
0.11x
P/E
TTM
10.76x
P/S
TTM
1.54x
YIELD
0.00%
GROWTH
Revenue Y/Y
51.21%
(FY vs FY)
EBITDA Y/Y
Cash Flow (DCF)
Fair Value
Market $49.15
—
Default assumptions
EBITDA Multiple
Fair Value
Market $49.15
-62.75%
Default assumptions
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Inspire Medical Systems, Inc. cash flow to debt ratio of 363.79% indicates that the company generates enough cash to cover a substantial portion of its debt. This level indicates very strong financial health.
Financial risk - Healthy cash flow growth.
Inspire Medical Systems, Inc.'s free cash flow has decreased -13.88% from $91.12M last year to $78.48M, signaling decreasing performance
Financial stability - Healthy debt to equity ratio.
Inspire Medical Systems, Inc.'s debt to equity ratio is 0.04, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial stability - Healthy debt to equity ratio development.
Inspire Medical Systems, Inc.'s debt has decreased relative to shareholder equity from 0.05 last year to 0.04 today, signaling strengthened financials
Financial stability - Net debt/EBITDA.
Inspire Medical Systems, Inc. has a net debt to EBITDA ratio of 0.00x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
Inspire Medical Systems, Inc. earns at least as much interest as it pays. Interest obligations are fully covered.
Financial stability - Profit margin growth.
Inspire Medical Systems, Inc.'s profit margin has increased (114.96%) in the last year from 6.67% to 14.33%, signaling increasing performance
Financial stability - Short term assets vs short term liabilities.
Inspire Medical Systems, Inc.'s short-term assets of $583.65M exceed its short-term liabilities of $96.06M
Increasing performance - ROA.
Inspire Medical Systems, Inc.'s return on assets of 14.39% is higher than the 5.00% threshold, indicating efficient asset utilization
Increasing performance - Absolute return on equity.
Inspire Medical Systems, Inc.'s return on equity of 17.98%, is higher than 15.00%, indicating good performance
Decreasing performance - Earnings quality.
Inspire Medical Systems, Inc.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation
Decreasing performance - Earnings stability.
Inspire Medical Systems, Inc. had positive net income in only 2.00 out of 5 years, indicating unstable earnings
Increasing performance - Free cash flow.
Inspire Medical Systems, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Inspire Medical Systems, Inc. has a free cash flow yield of 5.54%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
Inspire Medical Systems, Inc.'s yearly earnings has increased 171.77% since last year from $53.51M to $145.42M, signaling increasing performance
Increasing performance - Healthy revenue growth.
Inspire Medical Systems, Inc.'s yearly revenue has increased 13.60% since last year from $802.80M to $911.98M, signaling increasing performance
Increasing performance - ROIC.
ROIC 6.24% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
Increasing performance - 3-year revenue CAGR.
Inspire Medical Systems, Inc.'s 3-year revenue CAGR of 30.77% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Inspire Medical Systems, Inc. had revenue growth in 5.00 out of 5 years, indicating consistent revenue performance
Decreasing performance - ROE consistency.
Inspire Medical Systems, Inc. had positive ROE in only 2.00 out of 5 years, indicating inconsistent returns on equity
Overvalued - DCF valuation.
Inspire Medical Systems, Inc. has insufficient data to evaluate this check.
Undervalued - Earnings yield.
Inspire Medical Systems, Inc. has an earnings yield of 9.30%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
Inspire Medical Systems, Inc. is overvalued relative to its fair value price of 18.31 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Inspire Medical Systems, Inc. has an EV/EBITDA ratio of 16.84x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Undervalued - PEG ratio value.
Inspire Medical Systems, Inc. has a PEG-ratio under 1 which is considered undervalued
Undervalued - P/B ratio.
Inspire Medical Systems, Inc. has a price-to-book ratio of 1.78x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Inspire Medical Systems, Inc. has a price-to-sales ratio of 1.54x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
17.98%
Return on equity
ROIC: 6.24%
Valuation History
11.4X
Price to Earnings
EV/EBITDA: 17.8X
Cash flow
Profit margin
-
(FY vs FY)
Cash flow Y/Y
-
(FY vs FY)
EARNINGS FV (GRAHAM)
Fair Value
Market $49.15
—
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.