Why is electroCore, Inc. ?
1
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -56.56%, its profits have risen by 25.1%
2
Below par performance in long term as well as near term
- Along with generating -56.56% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is electroCore, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
electroCore, Inc.
-55.3%
-0.25
92.24%
S&P 500
13.22%
0.61
20.17%
Quality key factors
Factor
Value
Sales Growth (5y)
57.70%
EBIT Growth (5y)
9.78%
EBIT to Interest (avg)
-18.89
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-1.75
Sales to Capital Employed (avg)
4.09
Tax Ratio
0.16%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
20.88%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
9.74
EV to EBIT
-2.87
EV to EBITDA
-3.20
EV to Capital Employed
-10.63
EV to Sales
1.32
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
-280.30%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
Technical Movement
11What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD -7.59 MM
NET PROFIT(HY)
Higher at USD -7.53 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 2 times
RAW MATERIAL COST(Y)
Fallen by -1.09% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at -284.1 %
NET SALES(Q)
Highest at USD 7.38 MM
-7What is not working for the Company
ROCE(HY)
Lowest at -210.58%
PRE-TAX PROFIT(Q)
At USD -3.67 MM has Fallen at -38.27%
NET PROFIT(Q)
At USD -3.67 MM has Fallen at -38.27%
CASH AND EQV(HY)
Lowest at USD 15.4 MM
Here's what is working for electroCore, Inc.
Operating Cash Flow
Highest at USD -7.59 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Inventory Turnover Ratio
Highest at 2 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Net Sales
Highest at USD 7.38 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Debt-Equity Ratio
Lowest at -284.1 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -1.09% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for electroCore, Inc.
Pre-Tax Profit
At USD -3.67 MM has Fallen at -38.27%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (USD MM)
Net Profit
At USD -3.67 MM has Fallen at -38.27%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (USD MM)
Cash and Eqv
Lowest at USD 15.4 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






