Chembio Earnings Per Share

CEMI
 Stock
  

USD 1.10  0.02  1.85%   

Chembio Diagnostics fundamentals help investors to digest information that contributes to Chembio Diagnostics' financial success or failures. It also enables traders to predict the movement of Chembio Stock. The fundamental analysis module provides a way to measure Chembio Diagnostics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chembio Diagnostics stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
The current Earnings Before Interest Taxes and Depreciation Amortization EBITDA is estimated to decrease to about (28.9 M). The current Earnings before Tax is estimated to decrease to about (34.9 M).

Chembio Earnings Per Share Analysis

Chembio Diagnostics' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
 2019 2020 2021 2022 (projected)
Revenues USD34.46 M32.47 M47.82 M41.89 M
Revenues34.46 M32.47 M47.82 M41.89 M
Earnings per Share 
 = 
Earnings 
Average Shares 
More About Earnings Per Share | All Equity Analysis

Current Chembio Diagnostics Earnings Per Share

    
  (1.43) X  
Most of Chembio Diagnostics' fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chembio Diagnostics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Chembio Earnings Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Chembio Diagnostics is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Earnings Per Share. Since Chembio Diagnostics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Chembio Diagnostics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Chembio Diagnostics' interrelated accounts and indicators.

Chembio Earnings Per Share Historical Pattern

Today, most investors in Chembio Diagnostics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Chembio Diagnostics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's earnings per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Chembio Diagnostics earnings per share as a starting point in their analysis.
   Chembio Diagnostics Earnings Per Share   
Share
       Timeline  
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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Chembio Shareholders Equity

Shareholders Equity

30.33 Million

Chembio Diagnostics Shareholders Equity is most likely to increase significantly in the upcoming years. The last year's value of Shareholders Equity was reported at 34.26 Million
According to the company disclosure, Chembio Diagnostics has an Earnings Per Share of -1.426 times. This is 117.04% lower than that of the Healthcare sector and 250.11% lower than that of the Diagnostics & Research industry. The earnings per share for all United States stocks is 145.71% higher than that of the company.

Chembio Earnings Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chembio Diagnostics' direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chembio Diagnostics could also be used in its relative valuation, which is a method of valuing Chembio Diagnostics by comparing valuation metrics of similar companies.
Chembio Diagnostics is currently under evaluation in earnings per share category among related companies.

Chembio Diagnostics Current Valuation Drivers

We derive many important indicators used in calculating different scores of Chembio Diagnostics from analyzing Chembio Diagnostics' financial statements. These drivers represent accounts that assess Chembio Diagnostics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Chembio Diagnostics' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(38.62 K)(26.66 K)(42.21 K)(71.69 K)(100.6 K)(103.25 K)
Revenue Per Employee145.55 K113.25 K106.37 K91.22 K141.9 K153.21 K
Average Assets19.09 M31.75 M50.08 M66.01 M66.07 M53.11 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(5.18 M)(7.08 M)(11.41 M)(20.44 M)(28.12 M)(28.86 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(5.18 M)(7.08 M)(11.41 M)(20.44 M)(28.12 M)(28.86 M)
Earnings before Tax(6.46 M)(7.93 M)(14.18 M)(25.98 M)(33.97 M)(34.86 M)
Average Equity15.2 M24.7 M27.21 M29.65 M30.14 M27.5 M
Enterprise Value99.24 M90.84 M83.16 M92.61 M24.17 M24.81 M
Free Cash Flow(6.06 M)(13.25 M)(12.56 M)(22.85 M)(32.71 M)(33.57 M)
Invested Capital6.56 M13.38 M46.81 M45.26 M52.03 M56.14 M
Invested Capital Average8.74 M10.77 M38.03 M45.9 M52.23 M56.36 M
Market Capitalization101.01 M97.28 M80.1 M95.84 M34.25 M53.56 M
Tangible Asset Value13.35 M32.04 M45.94 M55.28 M70.23 M75.77 M
Working Capital7.76 M21.93 M25.78 M27.39 M39.95 M43.1 M

Chembio Fundamentals

About Chembio Diagnostics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chembio Diagnostics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chembio Diagnostics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chembio Diagnostics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Earnings Before Interest Taxes and Depreciation Amortization EBITDA-28.1 M-28.9 M
Earnings before Tax-34 M-34.9 M
Chembio Diagnostics, Inc., together with its subsidiaries, develops, manufactures, and commercializes point-of-care diagnostic tests that are used to detect or diagnose diseases. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Hauppauge, New York. Chembio Diagnostics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 337 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Chembio Diagnostics without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Chembio Diagnostics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chembio Diagnostics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chembio Diagnostics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chembio Diagnostics

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Moving against Chembio Diagnostics

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The ability to find closely correlated positions to Chembio Diagnostics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chembio Diagnostics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chembio Diagnostics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chembio Diagnostics to buy it.
The correlation of Chembio Diagnostics is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chembio Diagnostics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chembio Diagnostics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chembio Diagnostics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Chembio Diagnostics Piotroski F Score and Chembio Diagnostics Altman Z Score analysis. Note that the Chembio Diagnostics information on this page should be used as a complementary analysis to other Chembio Diagnostics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is Chembio Diagnostics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chembio Diagnostics. If investors know Chembio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chembio Diagnostics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
33.2 M
Quarterly Revenue Growth YOY
1.16
Return On Assets
-0.26
Return On Equity
-1.53
The market value of Chembio Diagnostics is measured differently than its book value, which is the value of Chembio that is recorded on the company's balance sheet. Investors also form their own opinion of Chembio Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Chembio Diagnostics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chembio Diagnostics' market value can be influenced by many factors that don't directly affect Chembio Diagnostics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chembio Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine Chembio Diagnostics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chembio Diagnostics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.