(CRMD) CorMedix - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US21900C3088

Antibiotic, Dialysis, Catheter, Antimicrobial, Lock

CRMD EPS (Earnings per Share)

EPS (Earnings per Share) of CRMD over the last years for every Quarter: "2020-09": -0.22, "2020-12": -0.19, "2021-03": -0.2, "2021-06": -0.12, "2021-09": -0.22, "2021-12": -0.2, "2022-03": -0.18, "2022-06": -0.19, "2022-09": -0.17, "2022-12": -0.2, "2023-03": -0.24, "2023-06": -0.25, "2023-09": -0.17, "2023-12": -0.26, "2024-03": -0.25, "2024-06": -0.25, "2024-09": -0.05, "2024-12": 0.22, "2025-03": 0.2993, "2025-06": 0.28,

CRMD Revenue

Revenue of CRMD over the last years for every Quarter: 2020-09: 0.09302, 2020-12: 0.055713, 2021-03: 0.088261, 2021-06: 0.008191, 2021-09: 0.038088, 2021-12: 0.056397, 2022-03: 0.007636, 2022-06: 0.021253, 2022-09: 0.006817, 2022-12: 0.029702, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0.30411, 2024-03: 0, 2024-06: 0.806119, 2024-09: 11.456115, 2024-12: 31.209936, 2025-03: 39.081657, 2025-06: 39.73679,

Description: CRMD CorMedix August 27, 2025

CorMedix Inc (NASDAQ:CRMD) is a pharmaceutical company listed on the NASDAQ exchange, operating in the pharmaceuticals industry. To evaluate the companys performance, we need to examine key financial metrics and economic drivers.

The quarterly Income Tax Expense is a crucial aspect of the companys financials, impacting its net income. A thorough analysis of this expense can reveal insights into the companys tax strategy and potential future liabilities. We should consider the effective tax rate, historical tax expenses, and any changes in tax laws or regulations that may affect the company.

To assess CRMDs financial health, we can look at key performance indicators (KPIs) such as revenue growth, gross margin, operating expenses, and cash flow. The companys market capitalization of $974.92M USD and a forward P/E ratio of 9.26 suggest that investors have certain expectations about its future earnings. Return on Equity (RoE) of 0.09 indicates that the company is generating relatively low returns on shareholders equity.

Economic drivers that may impact CRMDs performance include the demand for its pharmaceutical products, competition in the industry, regulatory changes, and overall market trends. The companys beta of 1.710 suggests that its stock price is relatively volatile compared to the broader market. We should also consider the industrys growth prospects, patent expirations, and potential disruptions from new entrants or innovative technologies.

To make informed investment decisions, we need to weigh these factors and consider the companys competitive advantages, managements track record, and its ability to execute on its strategic plans. By analyzing these aspects, we can gain a more comprehensive understanding of CRMDs potential for future growth and returns on investment.

CRMD Stock Overview

Market Cap in USD 872m
Sub-Industry Pharmaceuticals
IPO / Inception 2010-03-25

CRMD Stock Ratings

Growth Rating 63.0%
Fundamental 89.8%
Dividend Rating -
Return 12m vs S&P 500 -7.54%
Analyst Rating 4.50 of 5

CRMD Dividends

Currently no dividends paid

CRMD Growth Ratios

Growth Correlation 3m -56%
Growth Correlation 12m 49.5%
Growth Correlation 5y 23%
CAGR 5y 58.67%
CAGR/Max DD 3y (Calmar Ratio) 1.03
CAGR/Mean DD 3y (Pain Ratio) 2.53
Sharpe Ratio 12m -0.36
Alpha -21.92
Beta 1.851
Volatility 74.47%
Current Volume 1907.9k
Average Volume 20d 1945k
Stop Loss 10.3 (-7.7%)
Signal 0.48

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (51.2m TTM) > 0 and > 6% of Revenue (6% = 7.29m TTM)
FCFTA 0.12 (>2.0%) and ΔFCFTA 100.7pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 178.1% (prev 3790 %; Δ -3612 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.12 (>3.0%) and CFO 30.5m <= Net Income 51.2m (YES >=105%, WARN >=100%)
Net Debt (-158.9m) to EBITDA (52.3m) ratio: -3.04 <= 3.0 (WARN <= 3.5)
Current Ratio 7.82 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (71.9m) change vs 12m ago 24.81% (target <= -2.0% for YES)
Gross Margin 95.62% (prev -29.14%; Δ 124.8pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 78.29% (prev 1.92%; Δ 76.37pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 1410 (EBITDA TTM 52.3m / Interest Expense TTM 36.7k) >= 6 (WARN >= 3)

Altman Z'' -5.82

(A) 0.86 = (Total Current Assets 248.1m - Total Current Liabilities 31.7m) / Total Assets 252.6m
(B) -1.18 = Retained Earnings (Balance) -299.2m / Total Assets 252.6m
warn (B) unusual magnitude: -1.18 — check mapping/units
(C) 0.33 = EBIT TTM 51.7m / Avg Total Assets 155.2m
(D) -9.35 = Book Value of Equity -299.0m / Total Liabilities 32.0m
Total Rating: -5.82 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 89.83

1. Piotroski 6.0pt = 1.0
2. FCF Yield 4.46% = 2.23
3. FCF Margin 25.03% = 6.26
4. Debt/Equity 0.00 = 2.50
5. Debt/Ebitda -3.04 = 2.50
6. ROIC - WACC (= 29.26)% = 12.50
7. RoE 42.73% = 2.50
8. Rev. Trend 86.79% = 6.51
9. EPS Trend 76.57% = 3.83

What is the price of CRMD shares?

As of November 06, 2025, the stock is trading at USD 11.16 with a total of 1,907,904 shares traded.
Over the past week, the price has changed by -1.33%, over one month by -3.46%, over three months by -7.42% and over the past year by +9.95%.

Is CorMedix a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, CorMedix (NASDAQ:CRMD) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 89.83 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CRMD is around 10.21 USD . This means that CRMD is currently overvalued and has a potential downside of -8.51%.

Is CRMD a buy, sell or hold?

CorMedix has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy CRMD.
  • Strong Buy: 3
  • Buy: 3
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the CRMD price?

Issuer Target Up/Down from current
Wallstreet Target Price 19.4 74.1%
Analysts Target Price 19.4 74.1%
ValueRay Target Price 11.8 5.9%

CRMD Fundamental Data Overview November 02, 2025

Market Cap USD = 872.0m (872.0m USD * 1.0 USD.USD)
P/E Trailing = 14.2692
P/E Forward = 4.6816
P/S = 7.1781
P/B = 3.9095
Beta = 1.851
Revenue TTM = 121.5m USD
EBIT TTM = 51.7m USD
EBITDA TTM = 52.3m USD
Long Term Debt = 435.2k USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 177.2k USD (from shortTermDebt, last quarter)
Debt = 435.2k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -158.9m USD (from netDebt column, last quarter)
Enterprise Value = 681.7m USD (872.0m + Debt 435.2k - CCE 190.7m)
Interest Coverage Ratio = 1410 (Ebit TTM 51.7m / Interest Expense TTM 36.7k)
FCF Yield = 4.46% (FCF TTM 30.4m / Enterprise Value 681.7m)
FCF Margin = 25.03% (FCF TTM 30.4m / Revenue TTM 121.5m)
Net Margin = 42.11% (Net Income TTM 51.2m / Revenue TTM 121.5m)
Gross Margin = 95.62% ((Revenue TTM 121.5m - Cost of Revenue TTM 5.32m) / Revenue TTM)
Gross Margin QoQ = 95.31% (prev 95.91%)
Tobins Q-Ratio = 2.70 (Enterprise Value 681.7m / Total Assets 252.6m)
Interest Expense / Debt = 1.53% (Interest Expense 6671 / Debt 435.2k)
Taxrate = 2.56% (521.5k / 20.3m)
NOPAT = 50.4m (EBIT 51.7m * (1 - 2.56%))
Current Ratio = 7.82 (Total Current Assets 248.1m / Total Current Liabilities 31.7m)
Debt / Equity = 0.00 (Debt 435.2k / totalStockholderEquity, last quarter 220.6m)
Debt / EBITDA = -3.04 (Net Debt -158.9m / EBITDA 52.3m)
Debt / FCF = -5.22 (Net Debt -158.9m / FCF TTM 30.4m)
Total Stockholder Equity = 119.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 20.25% (Net Income 51.2m / Total Assets 252.6m)
RoE = 42.73% (Net Income TTM 51.2m / Total Stockholder Equity 119.7m)
RoCE = 43.04% (EBIT 51.7m / Capital Employed (Equity 119.7m + L.T.Debt 435.2k))
RoIC = 42.09% (NOPAT 50.4m / Invested Capital 119.7m)
WACC = 12.83% (E(872.0m)/V(872.5m) * Re(12.84%) + D(435.2k)/V(872.5m) * Rd(1.53%) * (1-Tc(0.03)))
Discount Rate = 12.84% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 21.45%
[DCF Debug] Terminal Value 67.41% ; FCFE base≈30.4m ; Y1≈37.5m ; Y5≈64.0m
Fair Price DCF = 6.93 (DCF Value 543.2m / Shares Outstanding 78.3m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 76.57 | EPS CAGR: 78.63% | SUE: 2.70 | # QB: 4
Revenue Correlation: 86.79 | Revenue CAGR: 2241 % | SUE: 2.87 | # QB: 4

Additional Sources for CRMD Stock

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