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BIODESIX INC (BDSX) Stock Fundamental Analysis

NASDAQ:BDSX - Nasdaq - US09075X1081 - Common Stock - Currency: USD

0.3062  -0.01 (-2.08%)

After market: 0.2959 -0.01 (-3.36%)

Fundamental Rating

3

Taking everything into account, BDSX scores 3 out of 10 in our fundamental rating. BDSX was compared to 103 industry peers in the Health Care Providers & Services industry. BDSX has a bad profitability rating. Also its financial health evaluation is rather negative. BDSX is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

In the past year BDSX has reported negative net income.
BDSX had a negative operating cash flow in the past year.
BDSX had negative earnings in each of the past 5 years.
BDSX had a negative operating cash flow in each of the past 5 years.
BDSX Yearly Net Income VS EBIT VS OCF VS FCFBDSX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M

1.2 Ratios

BDSX has a Return On Assets of -46.87%. This is amonst the worse of the industry: BDSX underperforms 91.26% of its industry peers.
Looking at the Return On Equity, with a value of -365.44%, BDSX is doing worse than 81.55% of the companies in the same industry.
Industry RankSector Rank
ROA -46.87%
ROE -365.44%
ROIC N/A
ROA(3y)-55.74%
ROA(5y)-49.96%
ROE(3y)-553.97%
ROE(5y)-391.42%
ROIC(3y)N/A
ROIC(5y)N/A
BDSX Yearly ROA, ROE, ROICBDSX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600 -800 -1K

1.3 Margins

BDSX's Gross Margin of 78.38% is amongst the best of the industry. BDSX outperforms 93.20% of its industry peers.
BDSX's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for BDSX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 78.38%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y21.1%
GM growth 5Y0.76%
BDSX Yearly Profit, Operating, Gross MarginsBDSX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150

3

2. Health

2.1 Basic Checks

BDSX does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BDSX has more shares outstanding
Compared to 5 years ago, BDSX has more shares outstanding
Compared to 1 year ago, BDSX has a worse debt to assets ratio.
BDSX Yearly Shares OutstandingBDSX Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 50M 100M
BDSX Yearly Total Debt VS Total AssetsBDSX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

Based on the Altman-Z score of -7.48, we must say that BDSX is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -7.48, BDSX is doing worse than 91.26% of the companies in the same industry.
BDSX has a Debt/Equity ratio of 3.32. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.32, BDSX is not doing good in the industry: 79.61% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 3.32
Debt/FCF N/A
Altman-Z -7.48
ROIC/WACCN/A
WACC13%
BDSX Yearly LT Debt VS Equity VS FCFBDSX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M

2.3 Liquidity

A Current Ratio of 2.22 indicates that BDSX has no problem at all paying its short term obligations.
BDSX has a better Current ratio (2.22) than 77.67% of its industry peers.
A Quick Ratio of 2.22 indicates that BDSX has no problem at all paying its short term obligations.
BDSX's Quick ratio of 2.22 is fine compared to the rest of the industry. BDSX outperforms 77.67% of its industry peers.
Industry RankSector Rank
Current Ratio 2.22
Quick Ratio 2.22
BDSX Yearly Current Assets VS Current LiabilitesBDSX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

7

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 47.27% over the past year.
BDSX shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.77%.
Measured over the past years, BDSX shows a very strong growth in Revenue. The Revenue has been growing by 23.78% on average per year.
EPS 1Y (TTM)47.27%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%42.86%
Revenue 1Y (TTM)35.77%
Revenue growth 3Y9.37%
Revenue growth 5Y23.78%
Sales Q2Q%21.19%

3.2 Future

BDSX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.89% yearly.
The Revenue is expected to grow by 21.67% on average over the next years. This is a very strong growth
EPS Next Y29.09%
EPS Next 2Y25.4%
EPS Next 3Y19.89%
EPS Next 5YN/A
Revenue Next Year15.95%
Revenue Next 2Y22.46%
Revenue Next 3Y21.67%
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
BDSX Yearly Revenue VS EstimatesBDSX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
BDSX Yearly EPS VS EstimatesBDSX Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 -0.5 -1 -1.5

0

4. Valuation

4.1 Price/Earnings Ratio

BDSX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year BDSX is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BDSX Price Earnings VS Forward Price EarningsBDSX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
BDSX Per share dataBDSX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4

4.3 Compensation for Growth

BDSX's earnings are expected to grow with 19.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y25.4%
EPS Next 3Y19.89%

0

5. Dividend

5.1 Amount

No dividends for BDSX!.
Industry RankSector Rank
Dividend Yield N/A

BIODESIX INC

NASDAQ:BDSX (7/15/2025, 8:00:01 PM)

After market: 0.2959 -0.01 (-3.36%)

0.3062

-0.01 (-2.08%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)05-13 2025-05-13/amc
Earnings (Next)08-05 2025-08-05/amc
Inst Owners32.78%
Inst Owner Change0%
Ins Owners25.95%
Ins Owner Change8.62%
Market Cap44.88M
Analysts80
Price Target1.84 (500.91%)
Short Float %7.6%
Short Ratio0.45
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.79%
Min EPS beat(2)-15.34%
Max EPS beat(2)11.77%
EPS beat(4)3
Avg EPS beat(4)4.4%
Min EPS beat(4)-15.34%
Max EPS beat(4)14.75%
EPS beat(8)7
Avg EPS beat(8)7.57%
EPS beat(12)9
Avg EPS beat(12)4.28%
EPS beat(16)11
Avg EPS beat(16)0.46%
Revenue beat(2)1
Avg Revenue beat(2)-4.41%
Min Revenue beat(2)-9.55%
Max Revenue beat(2)0.74%
Revenue beat(4)2
Avg Revenue beat(4)-1.2%
Min Revenue beat(4)-9.55%
Max Revenue beat(4)8.39%
Revenue beat(8)3
Avg Revenue beat(8)-2.3%
Revenue beat(12)6
Avg Revenue beat(12)-0.02%
Revenue beat(16)7
Avg Revenue beat(16)-3.01%
PT rev (1m)0%
PT rev (3m)-41.94%
EPS NQ rev (1m)-2.44%
EPS NQ rev (3m)-25%
EPS NY rev (1m)-0.69%
EPS NY rev (3m)-18.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-18.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-11.75%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.6
P/FCF N/A
P/OCF N/A
P/B 4.06
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-0.29
EYN/A
EPS(NY)-0.15
Fwd EYN/A
FCF(TTM)-0.31
FCFYN/A
OCF(TTM)-0.29
OCFYN/A
SpS0.51
BVpS0.08
TBVpS-0.06
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -46.87%
ROE -365.44%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 78.38%
FCFM N/A
ROA(3y)-55.74%
ROA(5y)-49.96%
ROE(3y)-553.97%
ROE(5y)-391.42%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y21.1%
GM growth 5Y0.76%
F-Score4
Asset Turnover0.86
Health
Industry RankSector Rank
Debt/Equity 3.32
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 57.03%
Cap/Sales 4.44%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.22
Quick Ratio 2.22
Altman-Z -7.48
F-Score4
WACC13%
ROIC/WACCN/A
Cap/Depr(3y)283.54%
Cap/Depr(5y)201.2%
Cap/Sales(3y)20.35%
Cap/Sales(5y)14.1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)47.27%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%42.86%
EPS Next Y29.09%
EPS Next 2Y25.4%
EPS Next 3Y19.89%
EPS Next 5YN/A
Revenue 1Y (TTM)35.77%
Revenue growth 3Y9.37%
Revenue growth 5Y23.78%
Sales Q2Q%21.19%
Revenue Next Year15.95%
Revenue Next 2Y22.46%
Revenue Next 3Y21.67%
Revenue Next 5YN/A
EBIT growth 1Y9.83%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year53.86%
EBIT Next 3Y31.94%
EBIT Next 5YN/A
FCF growth 1Y10.32%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-6.02%
OCF growth 3YN/A
OCF growth 5YN/A