Medical Equipment Companies By Cash Per Share

Cash Per Share
Cash Per ShareEfficiencyMarket RiskExp Return
1NVCR Novocure
9.06
(0.21)
 3.48 
(0.75)
2DXCM DexCom Inc
6.14
(0.10)
 2.92 
(0.29)
3EMBC Embecta Corp
5.05
(0.22)
 3.29 
(0.73)
4NYXH Nyxoah
4.77
(0.19)
 4.43 
(0.86)
5OM Outset Medical
4.71
 0.03 
 7.47 
 0.19 
6NVNO enVVeno Medical Corp
3.96
(0.11)
 4.13 
(0.44)
7NPCE Neuropace
3.72
(0.03)
 4.41 
(0.14)
8NVST Envista Holdings Corp
3.2
(0.13)
 3.14 
(0.40)
9NSPR InspireMD
3.18
 0.00 
 4.34 
 0.02 
10DRIO DarioHealth Corp
2.96
 0.03 
 5.85 
 0.18 
11EW Edwards Lifesciences Corp
2.81
 0.03 
 1.82 
 0.05 
12ESTA Establishment Labs Holdings
2.68
 0.00 
 6.68 
 0.00 
13NURO NeuroMetrix
2.68
 0.10 
 1.20 
 0.12 
14EDAP EDAP TMS SA
2.03
(0.17)
 4.03 
(0.67)
15WRBY Warby Parker
1.83
(0.18)
 4.31 
(0.78)
16NXGL Nexgel Inc
1.76
(0.06)
 4.22 
(0.26)
17NNOX Nano X Imaging
1.66
(0.21)
 4.34 
(0.91)
18DRTS Alpha Tau Medical
1.63
(0.21)
 3.11 
(0.65)
19FEMY Femasys
1.62
 0.02 
 5.04 
 0.08 
20MHUA Meihua International Medical
1.43
 0.01 
 3.92 
 0.02 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it. Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.