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ShockWave Medical SWAV
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Quarterly report 2024-Q1
added 05-30-2026

ShockWave Medical Financial Ratios 2023-2011 | SWAV

Brief overview of ShockWave Medical's financial ratios

The comparison uses the five latest available annual observations between 2019 and 2023.

The latest available valuation ratios are EV/EBITDA 60.06x (median 56.38x), P/S 13.16x (median 22.35x), P/B 14.37x (median 14.37x). The combined ratio level is close to the company's five-year norm at a -7.7% deviation. No clear premium or discount is visible.

Capital efficiency is characterized by ROE 22%, ROA 9.4%, ROCE 23.8%. Business quality is high on return ratios, supporting the ability to create value.

The cash cycle lengthened by 185.2 days to 366.2 days. Operations require more funding.

What the ratios show

ShockWave Medical's multiples form a balanced picture without a clear discount or premium. Future appeal depends on earnings and return trends.

Annual Financial Ratios ShockWave Medical

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

P/E

65.2 31.6 -680.9 -58.8 -18.8 - - - - - - - -

P/S

13.2 13.9 26.2 57.0 22.4 - - - - - - - -

EPS

4.0 6.0 -0.3 -2.0 -2.1 -23.4 -19.7 - - - - - -

EV (Enterprise Value)

10.2 B 6.8 B 6.24 B 3.86 B 860 M -16.4 M 143 M - - - - - -

EBITDA per Share

4.62 3.59 0.08 -1.93 -2.11 -23.1 -19.6 - - - - - -

EV/EBITDA

60.1 52.7 2302.5 -60.5 -17.0 0.4 -4.7 - - - - - -

PEG

0.08 0.04 - -6.07 11.02 - - - - - - - -

P/B

14.4 13.3 25.7 17.1 5.0 - - - - - - - -

P/CF

49.0 57.9 413.7 -54.3 -19.9 - - - - - - - -

ROE %

22.03 42.24 -3.78 -29.11 -26.53 33.53 36.76 - - - - - -

ROA %

9.40 33.43 -2.64 -24.15 -22.04 -76.94 -51.62 - - - - - -

ROCE %

23.79 24.28 -0.36 -29.10 -24.93 37.77 -56.36 - - - - - -

Current Ratio

1.7 4.8 3.3 5.9 5.9 2.3 0.4 - - - - - -

DSO

46.5 40.5 37.8 51.3 43.5 42.4 - - - - - - -

DIO

349.5 331.6 320.8 364.6 183.0 129.2 - - - - - - -

DPO

29.8 28.8 22.0 37.0 45.5 37.4 - - - - - - -

Operating Cycle

396.0 372.1 358.6 415.9 226.5 171.6 - - - - - - -

Cash Conversion Cycle

366.2 343.4 336.6 378.9 181.0 134.1 - - - - - - -

All numbers in USD currency

Quarterly Financial Ratios ShockWave Medical

2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

1.48 0.95 0.79 1.07 - 0.97 0.71 410 - 0.06 -0.01 -0.68 - -0.38 -0.56 -0.59 - -0.46 -0.38 -1.37 - -5.73 -5.79 -5.63 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA per Share

1.22 1.38 1 1.14 - 1.11 0.88 0.46 - 0.16 0.04 -0.48 - -0.34 -0.53 -0.59 - -0.43 -0.38 -1.27 - -5.41 -5.68 -5.67 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

ROE %

24.72 27.19 29.75 30.49 23.63 24.52 14.48 -5.45 -10.87 -16.33 -24.60 -34.95 -23.40 -35.37 -38.80 -41.32 -30.76 -22.46 -2.24 14.47 24.37 8.30 8.24 7.83 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

ROA %

14.41 18.39 22.15 22.38 17.38 18.03 10.52 -4.38 -8.27 -12.88 -19.84 -28.19 -19.42 -28.82 -31.43 -33.25 -24.75 -43.80 -53.32 -64.06 -55.93 -19.05 -18.92 -17.96 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

ROCE %

25.12 29.81 32.25 32.74 25.76 27.04 16.63 -1.63 -7.37 -12.77 -21.39 -31.98 -23.42 -35.49 -39.51 -41.58 -30.90 -22.69 -2.30 15.12 24.53 8.22 8.32 8.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Current Ratio

1.8 1.7 4.6 3.7 4.8 4.0 3.7 3.6 3.3 3.8 4.1 4.2 5.9 6.4 6.8 5.1 5.9 4.7 5.4 5.6 2.3 2.3 2.3 2.3 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DSO

46.5 47.9 45.8 44.1 - 43.1 40.7 41.5 - 38.5 36.4 44.8 - 39.8 62.9 45.6 - 43.5 41.8 42.6 - 72.2 114.1 98.4 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DIO

337.1 352.3 326.6 343.0 - 329.3 309.2 341.0 - 312.1 320.1 366.5 - 452.1 499.8 226.0 - 181.6 168.9 180.4 - 237.3 397.1 294.8 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DPO

27.0 36.7 44.6 38.5 - 22.3 37.5 42.4 - 26.1 29.2 30.0 - 39.2 59.9 39.9 - 48.8 68.3 81.0 - 68.8 115.1 85.5 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Cycle

383.6 400.2 372.4 387.1 - 372.4 349.9 382.6 - 350.5 356.4 411.3 - 570.8 862.2 395.8 - 309.7 333.8 319.7 - 309.6 511.2 393.2 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cash Conversion Cycle

356.6 363.5 327.9 348.6 - 350.1 312.5 340.1 - 324.4 327.2 381.2 - 545.4 825.0 361.4 - 251.9 272.2 256.2 - 240.8 396.1 307.8 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company ShockWave Medical, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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