Nevro Corp. Financial Ratios — NVRO Stock

Profitability (USD)

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-41.78	-22.08	-27.32	-8.81	-8.29	-10.73	-22.23	-13.19	-19.26	0.51	-14.9	-19.07
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1.74	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-14.03	- -	- -
Gross Margin (%)	58.53	59.69	65.38	59.6	66.99	69.7	70.57	68.76	69.02	68.76	68.01	68.22	65.98
EBITDA Margin (%)	-105.18	-106.83	-86.61	-88.72	-9.35	-8.29	-9.77	-22.72	-15.1	-21.26	-21.78	-20.64	-19.73
Operating Margin (%)	-105.4	-107.03	-86.9	-89.6	-10.1	-9.05	-10.78	-24.72	-17.36	-23.5	-24.32	-23.36	-23.18
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-103.61	-109.16	-92.72	-95.2	-13.2	-10.79	-12.51	-26.16	-22.7	-33.81	1.05	-23.02	-27.5
Profit Margin (%)	-104.5	-110.7	-94.19	-96.88	-13.91	-11.22	-12.7	-26.57	-22.94	-33.95	0.74	-21.69	-27.77
Net Income to Common Margin (%)	-104.5	-110.7	-94.19	-96.88	-13.91	-11.22	-12.7	-26.57	-22.94	-33.95	0.74	-21.69	-27.77
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	29.62	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Debt	- -	- -	20	20	138	145	152	181	327	167	197	216	251
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	169	- -	- -	- -	38
LT Debt	- -	- -	20	20	138	145	152	181	158	167	197	216	213
Total Debt/EBITDA	- -	- -	-0.69	-0.32	-6.47	-5.36	-4.03	-2.04	-5.99	-2.03	-2.23	-2.46	-3.12
Net Debt/EBITDA	0.29	0.49	0.2	1.09	-4.53	-3.77	-2.67	-1.07	-4.86	-1.42	-0.75	-1.22	-1.63
Total Debt/EBIT	- -	- -	-0.69	-0.32	-5.99	-4.9	-3.65	-1.87	-5.21	-1.83	-1.99	-2.18	-2.65
Net Debt/EBIT	0.29	0.49	0.2	1.08	-4.19	-3.45	-2.42	-0.98	-4.23	-1.28	-0.67	-1.08	-1.38
EBITDA to Interest Expense	- -	- -	-179.68	-22.6	-3.34	-2.73	-3.64	-8.11	-2.51	-4.17	-13.76	-10.95	-3
EBITDA-CapEx/Interest Expense	- -	- -	-183.66	-24.44	-3.87	-3.17	-4.43	-8.43	-2.78	-4.79	-14.93	-12.02	-3.36
EBIT to Interest Expense	- -	- -	-180.29	-22.83	-3.61	-2.99	-4.01	-8.83	-2.88	-4.6	-15.37	-12.39	-3.52
Interest Expense	- -	- -	- -	3	6	10	10	11	22	20	6	8	27
Common Equity/Total Assets	-132.32	-120.87	-60.22	-65.04	-51.36	-56.78	-66.09	-87.24	-62.42	-108.64	-100.79	-110.01	-146.76
Long-Term Debt/Equity (%)	- -	- -	11.34	8.41	55.47	58.2	62.08	83.54	40.79	54.91	60.88	73.72	92.29
Long-Term Debt/Capital (%)	- -	- -	-19.05	-11.64	-166.4	-128.57	-99.18	-78.93	-95.71	-36.44	-48.09	-44.72	-37.96
Long-Term Debt/Total Assets (%)	- -	- -	9.64	6.78	32.08	31.94	32.91	38.49	20.07	29.02	32.73	33.99	38.49
Total Debt/Equity (%)	- -	- -	11.34	8.41	55.47	58.2	62.08	83.54	84.24	54.91	60.88	73.72	108.72
Total Debt/Capital (%)	- -	- -	-19.05	-11.64	-166.4	-128.57	-99.18	-78.93	-197.65	-36.44	-48.09	-44.72	-44.72
Total Debt/Total Assets (%)	- -	- -	9.64	6.78	32.08	31.94	32.91	38.49	41.45	29.02	32.73	33.99	45.35
Net Debt to Equity	-12.88	-18.4	-3.36	-28.69	38.84	41.01	41.2	43.88	68.46	38.4	20.53	36.59	56.75
Net Debt/Capital (%)	-16.14	-24.98	4.52	26.22	-77.75	-65.65	-49.35	-32.25	-126.55	-23.69	-12.54	-18.26	-19.98
EBITDA	-19	-25	-28	-62	-21	-27	-38	-89	-55	-82	-89	-88	-81
EBITDA-CapEx	-19	-25	-29	-67	-25	-31	-46	-92	-61	-95	-96	-96	-90
Operating Income (Loss)	-19	-25	-28	-62	-23	-30	-42	-96	-63	-91	-99	-99	-95

Liquidity (USD)

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	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Cash Ratio	5.83	7.15	16.37	5.32	6.55	4.64	4.24	3.37	2.46	4.4	4.73	3.87	2.84
Current Ratio	9.3	9.46	18.63	7.77	9.96	7.61	7.11	5.98	3.15	6.46	7.11	6.37	4.62
Quick Ratio	6.95	7.99	16.99	5.94	7.8	5.8	5.53	4.54	2.78	5.26	5.72	4.82	3.54
CFO/Avg Current Liab	- -	-3.21	-3.33	-4.26	-1.49	-0.28	-0.09	-0.76	0.01	-0.26	0.31	-0.72	-0.21
Common Equity/Total Assets	-132.32	-120.87	-60.22	-65.04	-51.36	-56.78	-66.09	-87.24	-62.42	-108.64	-100.79	-110.01	-146.76
Long-Term Debt/Equity (%)	- -	- -	11.34	8.41	55.47	58.2	62.08	83.54	40.79	54.91	60.88	73.72	92.29
Long-Term Debt/Capital (%)	- -	- -	-19.05	-11.64	-166.4	-128.57	-99.18	-78.93	-95.71	-36.44	-48.09	-44.72	-37.96
Long-Term Debt/Total Assets (%)	- -	- -	9.64	6.78	32.08	31.94	32.91	38.49	20.07	29.02	32.73	33.99	38.49
Total Debt/Equity (%)	- -	- -	11.34	8.41	55.47	58.2	62.08	83.54	84.24	54.91	60.88	73.72	108.72
Total Debt/Capital (%)	- -	- -	-19.05	-11.64	-166.4	-128.57	-99.18	-78.93	-197.65	-36.44	-48.09	-44.72	-44.72
Total Debt/Total Assets (%)	- -	- -	9.64	6.78	32.08	31.94	32.91	38.49	41.45	29.02	32.73	33.99	45.35
CFO/Total Liabilities	-408.71	-264.81	-102.37	-177.47	-32.22	-6.97	-2.62	-19.83	0.3	-15.46	8.86	-17.17	-6.02
CFO/CapEx	-748.9	-383.55	-49.84	-20.05	-17.37	-3.3	-0.69	-14.47	0.2	-3.39	3.27	-6.85	-1.99
Altman's Z-Score	-1.7	-1.42	3.37	18.66	7.53	6.67	3.82	8.41	8.83	5.82	2.7	0.75	-1.12

Working Capital (USD)

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	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Accounts Receivable Turnover	- -	3.77	4.93	4.78	6.07	5.44	5.24	4.77	4.51	5.22	5.44	5.37	5.4
Days Sales Outstanding	- -	96.78	74.04	76.38	60.17	67.1	69.71	76.45	80.9	69.88	67.1	67.95	67.57
Inventory Turnover	- -	0.96	0.9	0.73	1.02	1.08	1.2	1.33	1.28	1.37	1.35	1.24	1.25
Days Inventory Outstanding	- -	379.76	404.21	501.59	357.22	338.04	304.51	274.88	284.58	266.98	271.16	294.88	291.42
Accounts Payable Turnover	- -	3.9	4.19	5.75	5.16	6.46	5.14	6.14	5.3	4.76	4.63	6.24	5.26
Accounts Payable Turnover Days	- -	93.5	87.05	63.52	70.69	56.53	71.05	59.44	68.8	76.72	78.9	58.45	69.37
Cash Conversion Cycle	- -	383.03	391.2	514.45	346.7	348.61	303.18	291.9	296.68	260.14	259.36	304.38	289.62
Inventory to Cash Days	- -	-282.98	-330.17	-425.21	-297.05	-270.94	-234.79	-198.43	-203.68	-197.11	-204.07	-226.93	-223.85
Inventories	10	10	15	62	85	98	92	92	83	94	100	119	103
Raw Materials	5	5	8	37	45	52	37	26	34	50	53	65	49
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	2	6
Finished Goods	5	6	7	25	40	47	55	65	49	43	45	52	48
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Market Capitalization	- -	- -	172	1,795	2,070	2,031	1,169	3,621	5,830	2,823	1,399	774	- -
- Cash & Cash Equivalents	6	12	25	87	41	43	51	65	45	35	120	104	95
+ Preferred Equity and Hybrid Capital	105	153	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	20	20	138	145	152	181	327	167	197	216	251
Enterprise Value	75	97	14	1,621	1,932	1,907	1,057	3,564	5,569	2,628	1,221	668	-41
Total Capital	40	62	-102	-170	-83	-113	-154	-229	-166	-457	-410	-483	-562
Total Debt/Capital (%)	- -	- -	-19.05	-11.64	-166.4	-128.57	-99.18	-78.93	-197.65	-36.44	-48.09	-44.72	-44.72
Total Debt / EV	- -	- -	1.35	0.01	0.07	0.08	0.14	0.05	0.06	0.06	0.16	0.32	-6.07
EV/Sales	4.12	4.12	0.44	23.28	8.45	5.84	2.73	9.13	15.38	6.79	3.01	1.57	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	217.49	- -	239.76	- -	41.82	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	5,425.45	80.81	- -	190.37	- -	33.24	- -	- -
Diluted Market Cap	- -	- -	172	1,795	2,070	2,031	1,169	3,621	5,830	2,823	1,407	774	- -
Diluted Enterprise Value	100	141	166	1,727	2,166	2,134	1,270	3,736	6,112	2,955	1,484	886	157
EV per Share	110.03	142.26	3.25	60.97	67.81	64.82	35.16	115.69	165.36	75.46	34.58	18.56	- -
TTM Sales	18	24	33	70	229	327	387	390	362	387	406	425	409
TTM EBITDA	-19	-25	-28	-62	-21	-27	-38	-89	-55	-82	-89	-88	-81
TTM Operating Income	-19	-25	-28	-62	-23	-30	-42	-96	-63	-91	-99	-99	-95
TTM Cash Flow to Firm	-22	-21	-31	-98	-52	-4	5	-39	23	-22	29	-51	8
TTM Free Cash Flow to Firm	-22	-21	-30	-93	-48	- -	13	-36	29	-10	37	-43	17

Multiples (USD)

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	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Price/Free Cash Flow	- -	- -	-5.63	-18.81	-37.54	-204.25	465.81	-77.44	807.87	-95.57	43.67	-15.41	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	75	97	14	1,621	1,932	1,907	1,057	3,564	5,569	2,628	1,221	668	-41
Low Price	- -	- -	23.13	35.22	47.07	65	34.75	35.15	65.05	79.44	34.7	13.98	3.52
EV/Sales	4.12	4.12	0.44	23.28	8.45	5.84	2.73	9.13	15.38	6.79	3.01	1.57	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	466.04	- -	- -
Price/Earnings Average	- -	- -	-4.56	-19.37	-67.99	-67.46	-41.3	-21.19	-54.24	-36.37	631.5	-10.04	- -
Price/Earnings High	- -	- -	-5.79	-27.2	-95.85	-79.97	-57.62	-35.05	-76.28	-49	1,102.6	-16.27	- -
Price/Earnings Low	- -	- -	-3.35	-13.88	-42.19	-52.17	-21.22	-10.44	-26.37	-21.06	408.37	-5.45	- -
Price/Book Value	- -	- -	-1.41	-9.48	-9.36	-7.88	-3.82	-8.84	-11.83	-4.52	-2.3	-1.11	- -
Price/Book Value Average	- -	- -	-1.15	-6.9	-9.77	-9.59	-6.64	-5.36	-9.14	-7.66	-3.12	-1.32	- -
Price/Book Value High	- -	- -	-1.46	-9.69	-13.77	-11.37	-9.26	-8.87	-12.86	-10.31	-5.45	-2.15	- -
Price/Book Value Low	- -	- -	-0.84	-4.94	-6.06	-7.42	-3.41	-2.64	-4.45	-4.43	-2.02	-0.72	- -
Price/Tangible Book Value	- -	- -	1	7.65	8.31	8.15	4.76	16.74	15.01	9.3	4.32	3.4	- -
Price/Tangible Book Value Average	- -	- -	0.81	5.57	8.68	9.93	8.28	10.15	11.6	15.74	5.85	4.07	- -
Price/Tangible Book Value High	- -	- -	1.03	7.82	12.23	11.77	11.55	16.8	16.31	21.2	10.22	6.59	- -
Price/Tangible Book Value Low	- -	- -	0.6	3.99	5.38	7.68	4.25	5	5.64	9.11	3.78	2.21	- -
Price/Sales	- -	- -	5.27	25.78	9.06	6.22	3.02	9.28	16.1	7.3	3.44	1.82	- -
Price/Sales Average	- -	- -	4.29	18.77	9.46	7.57	5.25	5.63	12.44	12.35	4.66	2.18	- -
Price/Sales High	- -	- -	5.45	26.35	13.33	8.97	7.32	9.31	17.5	16.64	8.14	3.53	- -
Price/Sales Low	- -	- -	3.15	13.45	5.87	5.85	2.7	2.77	6.05	7.15	3.02	1.18	- -
Price/Cash Flow	- -	- -	-5.51	-17.87	-35.38	-142.33	-204.75	-72.09	4,894.71	-67.41	56.68	-13.16	- -
Price/Cash Flow Average	- -	- -	-4.49	-13.01	-36.93	-173.27	-355.99	-43.74	3,782.81	-114.09	76.8	-15.74	- -
Price/Cash Flow High	- -	- -	-5.7	-18.26	-52.06	-205.39	-496.69	-72.35	5,319.99	-153.7	134.1	-25.51	- -
Price/Cash Flow Low	- -	- -	-3.3	-9.32	-22.92	-134	-182.95	-21.56	1,839.4	-66.05	49.67	-8.55	- -
Price/Free Cash Flow Average	- -	- -	-4.58	-13.69	-39.19	-248.65	809.89	-46.99	624.35	-161.75	59.17	-18.44	- -
Price/Free Cash Flow High	- -	- -	-5.82	-19.22	-55.24	-294.74	1,129.97	-77.73	878.06	-217.91	103.31	-29.87	- -
Price/Free Cash Flow Low	- -	- -	-3.37	-9.81	-24.32	-192.29	416.22	-23.16	303.59	-93.64	38.26	-10.01	- -
EV/Sales Average	5.5	5.99	4.12	17.8	9.88	7.88	5.51	5.92	13.22	12.69	4.85	2.44	0.38
EV/Sales High	5.5	5.99	5.27	25.38	13.75	9.29	7.58	9.61	18.28	16.98	8.33	3.79	0.38
EV/Sales Low	5.5	5.99	2.98	12.48	6.29	6.17	2.96	3.07	6.83	7.49	3.2	1.45	0.38
EV/EBITDA Average	-5.23	-5.61	-4.75	-20.06	-105.66	-95.13	-56.35	-26.07	-87.59	-59.69	-22.28	-11.83	-1.94
EV/EBITDA High	-5.23	-5.61	-6.09	-28.61	-147.1	-112.06	-77.56	-42.28	-121.08	-79.86	-38.25	-18.37	-1.94
EV/EBITDA Low	-5.23	-5.61	-3.44	-14.07	-67.29	-74.42	-30.26	-13.51	-45.25	-35.24	-14.71	-7.01	-1.94
EV/EBIT Average	-5.22	-5.6	-4.74	-19.87	-97.8	-87.06	-51.1	-23.97	-76.18	-54	-19.95	-10.45	-1.65
EV/EBIT High	-5.22	-5.6	-6.07	-28.33	-136.16	-102.56	-70.34	-38.86	-105.31	-72.24	-34.26	-16.24	-1.65
EV/EBIT Low	-5.22	-5.6	-3.42	-13.93	-62.28	-68.11	-27.44	-12.42	-39.35	-31.87	-13.18	-6.19	-1.65
Last Price	- -	- -	38.67	67.51	72.66	69.04	38.89	117.54	173.1	81.07	39.6	21.52	3.72
High Price	- -	- -	39.98	69	106.93	99.63	94.34	117.97	188.14	184.86	93.69	41.7	21.74
Enterprise Value Average	100	141	134	1,239	2,257	2,575	2,133	2,312	4,788	4,910	1,972	1,038	157
Enterprise Value High	100	141	172	1,767	3,143	3,034	2,936	3,749	6,619	6,569	3,386	1,612	157
Enterprise Value Low	100	141	97	869	1,438	2,015	1,145	1,198	2,473	2,898	1,302	615	157

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Shares Outstanding	24	24	25	28	29	30	30	32	35	35	36	36	38
Diluted Weighted Avg Shares	1	1	4	27	28	29	30	31	34	35	36	36	- -
Basic Weighted Avg Shares	1	1	4	27	28	29	30	31	34	35	35	36	- -
Revenue per Share	26.7	34.57	7.34	2.62	8.02	11.1	12.89	12.67	10.75	11.11	11.51	11.82	- -
EBITDA per Share	-28.08	-36.93	-6.35	-2.32	-0.75	-0.92	-1.26	-2.88	-1.62	-2.36	-2.51	-2.44	- -
Operating Income per Share	-28.14	-37	-6.37	-2.35	-0.81	-1.01	-1.39	-3.13	-1.87	-2.61	-2.8	-2.76	- -
Basic EPS, GAAP	-27.9	-38.27	-6.91	-2.54	-1.12	-1.25	-1.64	-3.37	-2.47	-3.77	0.08	-2.56	- -
Basic EPS from Cont Ops	-27.9	-38.27	-6.91	-2.54	-1.12	-1.25	-1.64	-3.37	-2.47	-3.77	0.08	-2.56	- -
Diluted EPS, GAAP	-27.9	-38.27	-6.91	-2.54	-1.12	-1.25	-1.64	-3.37	-2.47	-3.77	0.08	-2.56	- -
Diluted EPS from Cont Ops	-27.9	-38.27	-6.91	-2.54	-1.12	-1.25	-1.64	-3.37	-2.47	-3.77	0.08	-2.56	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-33.05	-31.03	-7.01	-3.78	-2.05	-0.49	-0.19	-1.63	0.04	-1.2	0.7	-1.63	- -
Free Cash Flow per Basic Share	-33.1	-31.11	-7.16	-3.97	-2.17	-0.63	-0.46	-1.74	-0.14	-1.56	0.49	-1.87	- -
Cash & Equivalents per Share	45.04	83.16	39.82	7.29	9.7	9.15	8.8	7.72	17.46	10.4	10.6	8.97	- -
Book Value per Share	-95.59	-134.09	-27.46	-7.12	-7.76	-8.76	-10.18	-13.3	-14.63	-17.92	-17.19	-19.44	- -
Tangible Book Value per Share	-90.9	-126.2	38.75	8.83	8.74	8.47	8.17	7.02	11.53	8.72	9.17	6.33	- -

Nevro Corp.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

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Per Share Data Items (USD)