Complete CDIO Stock Valuation Analysis
Comprehensive intrinsic value analysis using 2 different methodologies
CDIO DCF Analysis
CDIO (Cardio Diagnostics Holdings, Inc.) discounted cash flow analysis with multiple scenarios, growth assumptions, and terminal value calculations
Financial Projections
| Metrics | 2022 (Historical) | 2023 (Historical) | 2024 (Historical) | 2025 (Projected) | 2026 (Projected) | 2027 (Projected) | 2028 (Projected) | 2029 (Projected) |
|---|---|---|---|---|---|---|---|---|
| Revenue | $950 | $17.1K | $34.9K | $43.6K | $54.5K | $68.1K | $85.2K | $106.5K |
| Revenue Growth % | - | 1696.3% | 104.5% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% |
| EBIT | $-4.5M | $-7.2M | $-8.4M | $2.2K | $2.7K | $3.4K | $4.3K | $5.3K |
| EBIT Margin % | -478784.3% | -42440.4% | -23977.9% | 5.0% | 5.0% | 5.0% | 5.0% | 5.0% |
| Tax Rate % | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% |
| NOPAT | $-3.4M | $-5.4M | $-6.3M | $1.6K | $2.0K | $2.6K | $3.2K | $4.0K |
| NOPAT Margin % | -359088.2% | -31830.3% | -17983.4% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% |
| Capex | $76.2K | $772.9K | $214.8K | $1.3K | $1.6K | $2.0K | $2.6K | $3.2K |
| Capex / Revenue % | 8016.2% | 4529.4% | 615.6% | 3.0% | 3.0% | 3.0% | 3.0% | 3.0% |
| Depreciation | $16.0K | $111.6K | $276.3K | $455.1K | $568.8K | $711.1K | $888.8K | $1.1M |
| D&A / Revenue % | 1684.2% | 654.1% | 792.0% | 1043.4% | 1043.4% | 1043.4% | 1043.4% | 1043.4% |
| Change in NWC | $4.3M | $-3.1M | $6.2M | $436 | $545 | $681 | $852 | $1.1K |
| NWC Change / Revenue % | 449182.4% | -18238.0% | 17869.2% | 1.0% | 1.0% | 1.0% | 1.0% | 1.0% |
| Unlevered FCF | $-7.7M | $-3.0M | $-12.4M | $455.0K | $568.7K | $710.9K | $888.6K | $1.1M |
| UFCF % Chg. | - | 61.5% | -317.6% | 103.7% | 25.0% | 25.0% | 25.0% | 25.0% |
| FCF / Revenue % | -814602.7% | -17467.6% | -35676.1% | 1043.2% | 1043.2% | 1043.2% | 1043.2% | 1043.2% |
| Discount Factor | - | - | - | 0.860 | 0.740 | 0.636 | 0.547 | 0.471 |
| Present Value of FCF | - | - | - | $391.3K | $420.7K | $452.3K | $486.2K | $522.8K |
| Sum of PV of UFCF | - | - | - | $391.3K | $812.0K | $1.3M | $1.8M | $2.3M |
WACC Calculation
Weighted Average Cost of Capital used for discounting cash flows.
| WACC Calculation | Value |
|---|---|
| Cost of Debt | 6.8% |
| Tax Rate | 25.0% |
| After Tax Cost of Debt | 5.1% |
| Risk Free Rate | 4.26% |
| Market Risk Premium | 4.3% |
| Beta | 3.06 |
| Cost of Equity | 17.5% |
| Total Debt | $663.1K |
| Market Cap | $6.1M |
| Total Capital | $6.7M |
| Debt Weighting | 9.9% |
| Equity Weighting | 90.1% |
| WACC | 16.3% |
Terminal Value
Choose between perpetuity growth or exit multiple methods.
| Terminal Value Calculation | Value |
|---|---|
| Terminal Growth Rate | 2.5% |
| Final Year FCF | $1.1M |
| Terminal Value | $8.3M |
| PV of Terminal Value | $3.9M |
| Cumulative PV of UFCF | $2.3M |
| Net Debt | $-7.2M |
| Equity Value | $13.3M |
| Shares Outstanding | 26.9M |
| Implied Share Price | $0 |
| Current Share Price | $3 |
| Implied Upside/(Downside) | -85.8% |
Valuation Summary
$0.50
Implied Price
$3.49
Current Price
-85.8%
Upside/Downside
16.3%
WACC
CDIO Peer Valuation Analysis
Relative valuation based on comparable company trading multiples
Peer Valuation Analysis
Fair Value Range Analysis
Based on median multiples from 8 peer companies in Healthcare
P/E Ratio
$-1.22
-134.9%
Peer Median: 0.4x
EV/EBITDA
$0.00
-100.0%
Peer Median: 0.0x
P/S Ratio
$0.01
-99.7%
Peer Median: 1.0x
Interpretation: Each multiple provides a different perspective on fair value. Consider which multiple is most relevant for CDIO's business model and current situation.
Multiple Comparison
| Multiple | CDIO Current | Peer Median | Peer Average | Premium/Discount | Assessment |
|---|---|---|---|---|---|
| P/E Ratio | -1.0x | 0.4x | 0.4x | -386.7% | Undervalued |
| EV/EBITDA | -Infinityx | 0.0x | 0.0x | -Infinity% | Undervalued |
| P/S Ratio | 304.9x | 1.0x | 1.5x | 31517.1% | Overvalued |
Peer Companies
Click any company to view their valuation
| Company | Market Cap | P/E Ratio | EV/EBITDA | P/S Ratio |
|---|---|---|---|---|
| $0.01B | 0.0x | 0.0x | 0.3x | |
| $0.01B | 0.0x | 0.0x | 1.0x | |
| $0.01B | 0.0x | 0.0x | 657.9x | |
| $0.01B | 0.0x | 0.0x | 0.0x | |
| $0.01B | 0.0x | 0.0x | 304.9x | |
| $0.01B | 0.0x | 0.0x | 3.3x | |
| $0.01B | 0.4x | 0.0x | 0.0x | |
| $0.01B | 0.0x | 0.0x | 495.9x |