MDxHealth SA
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
-4.26-7.5636.25
Price/Sales ratio
N/AN/AN/A
Earnings per Share (EPS)
$-0.67$-0.38$0.08

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-2.73-3.42-4.19-4.87-2.13-1.74-3.32-3.75-2.08-2.36-0.82-2.13
Price/Sales ratio
3.632.831.851.472.436.375.435.212.831.450.936.37
Price/Book Value ratio
1.751.111.041.371.323.8017.062.4711.2514.164.251.32
Price/Cash Flow ratio
-2.25-3.44-3.33-5.71-2.42-3.36-4.93-5.14-3.07-4.74-1.09-2.42
Price/Free Cash Flow ratio
-2.10-3.00-2.57-3.90-2.31-3.35-4.80-4.95-2.73-3.85-0.96-2.31
Price/Earnings Growth ratio
0.140.170.220.34-0.01-0.070.060.12-0.080.040.02-0.01
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
43.78%60.46%66.17%74.81%58.88%-1.22%42.72%46.81%51.86%62.58%54.15%54.15%
Operating Profit Margin
-133.65%-82.33%-43.01%-30.30%-113.26%-366.30%-147.63%-120.69%-102.28%-38.93%-93.55%-113.26%
Pretax Profit Margin
-132.90%-82.85%-44.48%-30.61%-114.65%-370.59%-156.00%-130.41%-118.86%-61.40%-112.66%-114.65%
Net Profit Margin
-132.90%-82.85%-44.10%-30.33%-114.51%-365.71%-163.33%-138.84%-135.44%-61.40%-112.66%-114.51%
Effective Tax Rate
-0.05%-0.59%0.85%0.91%0.12%1.31%-4.69%-6.46%-13.94%-0.00%0.00%1.31%
Return on Assets
-49.28%-25.06%-19.45%-20.99%-49.56%-106.08%-94.19%-41.12%-42.12%-33.37%-40.25%-49.56%
Return On Equity
-64.16%-32.69%-24.97%-28.21%-62.26%-218.51%-513.02%-65.83%-538.78%-597.94%-305.08%-218.51%
Return on Capital Employed
-64.30%-30.65%-23.30%-27.03%-59.44%-142.93%-144.00%-45.77%-37.57%-24.93%-39.48%-59.44%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.59N/A
Quick Ratio
3.843.993.972.854.012.841.593.931.461.811.362.84
Cash ratio
2.662.812.421.282.282.111.223.560.841.140.842.11
Days of Sales Outstanding
254.15234.16226.51179.58246.42207.3577.3679.2492.1758.6080.22207.35
Days of Inventory outstanding
48.6475.4353.4368.6456.6036.4780.6158.9747.6238.6243.5236.47
Operating Cycle
302.79309.59279.94248.23303.02243.82157.97138.21139.7997.2263.30243.82
Days of Payables Outstanding
233.37349.40272.62288.15202.14151.70184.52230.07208.29122.44190.35151.70
Cash Conversion Cycle
69.42-39.807.32-39.91100.8892.12-26.55-91.85-68.50-25.22-99.4092.12
Debt Ratios
Debt Ratio
N/A0.010.000.000.000.230.410.160.290.280.920.00
Debt Equity Ratio
N/A0.010.010.000.000.482.230.253.815.0211.780.00
Long-term Debt to Capitalization
N/A0.000.000.00N/A0.310.630.140.780.830.800.80
Total Debt to Capitalization
N/A0.010.010.000.000.320.690.200.790.830.810.00
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-4.91N/A
Cash Flow to Debt Ratio
N/A-16.97-30.82-31.03-194.17-2.31-1.54-1.86-0.96-0.59-0.90-194.17
Company Equity Multiplier
1.301.301.281.341.252.055.441.6012.7817.9112.781.25
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-1.61-0.82-0.55-0.25-1.00-1.89-1.10-1.01-0.92-0.30-0.84-1.00
Free Cash Flow / Operating Cash Flow Ratio
1.071.141.291.461.041.001.021.031.121.231.131.04
Cash Flow Coverage Ratio
N/A-16.97-30.82-31.03-194.17-2.31-1.54-1.86-0.96-0.59-0.90-194.17
Short Term Coverage Ratio
N/A-32.71-38.56-54.91-194.17-39.44-7.18-5.07-55.38-33.43-20.18-194.17
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A