PRN : Profound Medical Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Profound Medical Corp trades with the ticker PRN on the TSX and is in the Medical Devices industry.

Overview
Profound Medical Corp., together with its subsidiaries, operates as a commercial-stage medical device company that develops and markets incision-free therapeutic systems for the image guided ablation of diseased tissue in Canada, Germany, the United States, and Finland. Its lead product TULSA-PRO system combines magnetic resonance imaging(MRI), robotically-driven transurethral sweeping action/thermal ultrasound and closed-loop temperature feedback control to provide precise, flexible, and durable ablation of a surgeon defined region of prostate and protect the urethra and rectum. The company also offers Sonalleve, which combines real-time MRI and thermometry for the treatment of uterine fibroids, palliative pain treatment of bone metastases, and osteoid osteoma. Profound Medical Corp. is headquartered in Mississauga, Canada.
 

Looking to invest in Profound Medical Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

PRN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $266.031MM

PE Ratio:

Price: 131.76 (Updated: 3/12/2024 0:47:16)



Profound Medical Corp (PRN) vs Competitors in Medical Devices

Lets see how PRN.TO stacks up against others in the Medical Devices asset management industry. We have identified its main peers as:

Helius Medical Technologies, Inc, Neovasc Inc, Titan Medical Inc, Viemed Healthcare, Inc

.

Medical Devices Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Helius Medical Technologies, Inc (HSM) $42.531 N/A 0.0 0.0%
Neovasc Inc (NVCN) $111.76 N/A -0.162 0.0%
Profound Medical Corp (PRN) $266.031 N/A -9.016 N/A%
Titan Medical Inc (TMD) $10.156 N/A -0.199 N/A%
Viemed Healthcare, Inc (VMD) $402.21 32.656 11.736 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Medical Devices

  • Profound Medical Corp (PRN) vs Helius Medical Technologies, Inc (HSM)
    • PRN has higher EPS (-1.88 vs -11.019). HSM provides dividends, while PRN does not. HSM and PRN both have P/E’s under 0.
  • Profound Medical Corp (PRN) vs Neovasc Inc (NVCN)
    • PRN has higher EPS (-1.88 vs -20.44). NVCN provides dividends, while PRN does not. NVCN and PRN both have P/E’s under 0.
  • Profound Medical Corp (PRN) vs Titan Medical Inc (TMD)
    • TMD has higher EPS (-0.04 vs -1.88). TMD and PRN both have P/E’s under 0.
  • Profound Medical Corp (PRN) vs Viemed Healthcare, Inc (VMD)
    • VMD has higher EPS (0.32 vs -1.88). VMD provides dividends, while PRN does not. PRN has a P/E under 0, indicating VMD (P/E 32.656) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-9.02) than the industry average (0.47), indicating attractive valuation.
 

How to Buy PRN stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment