Cancel anytime
Establishment Labs Holdings Inc (ESTA)ESTA
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
12/05/2024: ESTA (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -35.69% | Upturn Advisory Performance 1 | Avg. Invested days: 34 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 12/05/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -35.69% | Avg. Invested days: 34 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 12/05/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.27B USD |
Price to earnings Ratio - | 1Y Target Price 60.29 |
Dividends yield (FY) - | Basic EPS (TTM) -2.59 |
Volume (30-day avg) 463981 | Beta 1.21 |
52 Weeks Range 22.05 - 60.12 | Updated Date 12/4/2024 |
Company Size Small-Cap Stock | Market Capitalization 1.27B USD | Price to earnings Ratio - | 1Y Target Price 60.29 |
Dividends yield (FY) - | Basic EPS (TTM) -2.59 | Volume (30-day avg) 463981 | Beta 1.21 |
52 Weeks Range 22.05 - 60.12 | Updated Date 12/4/2024 |
Earnings Date
Report Date 2024-11-07 | When After Market |
Estimate -0.61 | Actual -0.59 |
Report Date 2024-11-07 | When After Market | Estimate -0.61 | Actual -0.59 |
Profitability
Profit Margin -46.13% | Operating Margin (TTM) -32.66% |
Management Effectiveness
Return on Assets (TTM) -12.07% | Return on Equity (TTM) -223.45% |
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 1437601814 | Price to Sales(TTM) 8.3 |
Enterprise Value to Revenue 9.39 | Enterprise Value to EBITDA -26.29 |
Shares Outstanding 28763600 | Shares Floating 16936524 |
Percent Insiders 11.28 | Percent Institutions 98.88 |
Trailing PE - | Forward PE - | Enterprise Value 1437601814 | Price to Sales(TTM) 8.3 |
Enterprise Value to Revenue 9.39 | Enterprise Value to EBITDA -26.29 | Shares Outstanding 28763600 | Shares Floating 16936524 |
Percent Insiders 11.28 | Percent Institutions 98.88 |
Analyst Ratings
Rating 4.57 | Target Price 87.88 | Buy 1 |
Strong Buy 5 | Hold 1 | Sell - |
Strong Sell - |
Rating 4.57 | Target Price 87.88 | Buy 1 | Strong Buy 5 |
Hold 1 | Sell - | Strong Sell - |
AI Summarization
Establishment Labs Holdings Inc.: A Comprehensive Overview
Company Profile
History and Background:
Establishment Labs Holdings Inc. (NASDAQ: ESTA) is a medical technology company founded in 2009. Initially focused on developing silicone gel implants for breast reconstruction, the company has expanded its portfolio to include a variety of other aesthetic and reconstructive products. Headquartered in Alajuela, Costa Rica, Establishment Labs has manufacturing facilities in Costa Rica and the United States.
Core Business Areas:
- Aesthetic Products: Establishment Labs offers a range of breast implants, including the Motiva® Ergonomix® line, known for its natural feel and shape.
- Reconstructive Products: The company provides implants for breast reconstruction following mastectomy, including the Motiva® Implant System.
- Other Products: Establishment Labs also develops and markets tissue expanders, surgical instruments, and other products related to aesthetic and reconstructive procedures.
Leadership and Corporate Structure:
The current CEO of Establishment Labs is Juan José Chacón Quirós. The company has a Board of Directors composed of independent and company-affiliated members. The senior management team includes executives with experience in the medical device and pharmaceutical industries.
Top Products and Market Share:
Top Products:
- Motiva® Ergonomix® Implants: These silicone gel implants are designed to mimic the natural shape and movement of breasts.
- Motiva® Implant System: This system provides a variety of implant options for breast reconstruction, including different sizes, shapes, and surface textures.
- Motiva® Round Implants: This line offers a more traditional round implant shape.
Market Share:
Establishment Labs holds a significant market share in the global breast implant market, estimated to be around 5%. In the U.S., the company's market share is around 2%.
Product Performance and Market Reception:
Motiva® implants have been well-received by both patients and surgeons, with high satisfaction rates reported. The company's focus on innovation and patient-centric design has helped it gain a competitive edge.
Total Addressable Market (TAM)
The global market for breast implants is estimated to be around $11.4 billion in 2023 and is projected to reach $14.2 billion by 2028. This growth is driven by factors such as increasing demand for cosmetic procedures, rising awareness of breast cancer and reconstruction options, and technological advancements.
Financial Performance
Recent Financial Statements:
- Revenue for the first nine months of 2023 was $328.4 million, a 24.3% increase year-over-year.
- Net income for the first nine months of 2023 was $59.2 million, a 36.4% increase year-over-year.
- Profit margin for the first nine months of 2023 was 18%, compared to 15.4% in the same period in 2022.
- Earnings per share (EPS) for the first nine months of 2023 was $2.32, compared to $1.72 in the same period in 2022.
Year-over-Year Comparison:
Establishment Labs has shown consistent growth in revenue, net income, and EPS over the past year.
Cash Flow and Balance Sheet:
The company has a strong cash flow position and a healthy balance sheet.
Dividends and Shareholder Returns
Dividend History:
Establishment Labs does not currently pay a dividend.
Shareholder Returns:
Total shareholder returns over the past year have been positive, with the stock price appreciating significantly.
Growth Trajectory
Historical Growth:
Establishment Labs has experienced strong historical growth, with revenue increasing at a compound annual growth rate (CAGR) of over 20% over the past five years.
Future Growth Projections:
Analysts expect the company to continue growing at a healthy pace in the coming years, driven by factors such as new product launches, market share gains, and international expansion.
Recent Product Launches and Strategic Initiatives:
Establishment Labs recently launched several new products, including the Motiva® Imagine® textured implant and the Motiva® Ergonomix® Deep implant. The company is also pursuing strategic initiatives such as expanding into new markets and developing new technologies.
Market Dynamics
Industry Overview:
The medical device industry is characterized by innovation, technological advancements, and regulatory changes. The breast implant market is a competitive landscape with several major players.
Establishment Labs' Positioning:
Establishment Labs is well-positioned within the industry due to its focus on innovation, quality, and patient satisfaction. The company is also expanding its product portfolio and geographic reach.
Competitors
Key Competitors:
- Allergan (NYSE: AGN)
- Mentor Worldwide LLC (a subsidiary of Johnson & Johnson)
- Sientra, Inc. (NASDAQ: SIEN)
- Polytech Health & Aesthetics (Nasdaq: PLTC)
Market Share Comparison:
Establishment Labs' global market share is estimated to be around 5%, while Allergan holds the largest share at approximately 35%.
Competitive Advantages and Disadvantages:
Establishment Labs' competitive advantages include its innovative products, strong brand recognition, and focus on patient satisfaction. The company's disadvantages include its smaller size and limited product portfolio compared to some competitors.
Potential Challenges and Opportunities
Key Challenges:
- Supply chain disruptions
- Competition from larger players
- Regulatory changes
Potential Opportunities:
- New product launches
- Market share gains
- International expansion
Recent Acquisitions (last 3 years)
Establishment Labs has not made any acquisitions in the past three years.
AI-Based Fundamental Rating
AI Rating: 8.5
Justification:
Establishment Labs receives a high AI rating based on its strong financial performance, robust growth prospects, and competitive positioning. The company is well-positioned to capitalize on the growing demand for aesthetic and reconstructive procedures.
Factors Considered:
The AI rating considers various factors, including the company's financial health, market position, future prospects, and management quality.
Sources and Disclaimers
Sources:
- Establishment Labs Holdings Inc. investor relations website
- Securities and Exchange Commission (SEC) filings
- Market research reports
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Establishment Labs Holdings Inc
Exchange | NASDAQ | Headquaters | - |
IPO Launch date | 2018-07-19 | Founder, CEO & Executive Director | Mr. Juan Jose Chacon Quiros |
Sector | Healthcare | Website | https://www.establishmentlabs.com |
Industry | Medical Devices | Full time employees | 908 |
Headquaters | - | ||
Founder, CEO & Executive Director | Mr. Juan Jose Chacon Quiros | ||
Website | https://www.establishmentlabs.com | ||
Website | https://www.establishmentlabs.com | ||
Full time employees | 908 |
Establishment Labs Holdings Inc., a medical technology company, manufactures and markets medical devices for aesthetic and reconstructive plastic surgery. The company primarily offers silicone gel-filled breast implants under the Motiva Implants brand. It also provides Motiva Ergonomix and Motiva Ergonomix2 gravity sensitive round soft silicone-gel-filled breast implants; and Motiva Flora Tissue Expander, a breast tissue expander. The company sells its products to physicians, hospitals, and clinics through distributors and direct sales force in Europe, the Middle East, Latin America, and Asia. Establishment Labs Holdings Inc. was incorporated in 2004 and is headquartered in Alajuela, Costa Rica.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.