Glaukos (GKOS) Stock Analysis
This is a peer-relative look at Glaukos (GKOS): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Health Care Equipment & Services peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | GKOS |
|---|---|
| Name | Glaukos Corp. |
| Country/Region | United States |
| GICS Sector | Health Care |
| GICS Industry Group | Health Care Equipment & Services |
| GICS Industry | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Equipment |
| Market Capitalization | 13.28 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | June 25, 2015 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: GKOS | Industry group median |
|---|---|---|
| Total Return (1Y) | 179.91% | 21.53% |
| Total Return (3Y, Annualized) | 55.51% | 9.81% |
| Total Return (5Y, Annualized) | 35.14% | -2.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: GKOS | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 61.24% | 50.93% |
| Beta (5Y) | 0.68 | 0.85 |
| Max Drawdown (5Y) | -53.68% | -70.34% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: GKOS | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | 2.87 | 0.34 |
| Sortino Ratio (1Y) | 5.93 | 0.54 |
Profitability
ROE (TTM)
Glaukos (GKOS) has negative ROE of -22.84%. That can come from trailing losses or negative book equity, so it is a warning state rather than a clean capital-efficiency measure.
GKOS
Health Care Equipment & Services industry group
-22.84%
Group distribution
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- GKOS
- -22.84%
- Min
- -47.01%
Largest peers
- ISRG
- 17.93%
- SYK
- 16.02%
- UNH
- 15.77%
- MDT
- 10.65%
- ABT
- 9.14%
- GKOS
- -22.84%
- MCK
- --
Net Margin (TTM)
Glaukos (GKOS) has negative net margin of -24.60%. The trailing period ended in a net loss, so the bottom-line conversion read is a warning rather than a profitability strength.
GKOS
Health Care Equipment & Services industry group
-24.60%
Group distribution
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- GKOS
- -24.60%
- Min
- -28.46%
Largest peers
- ISRG
- 25.54%
- MDT
- 13.93%
- SYK
- 13.78%
- ABT
- 9.75%
- UNH
- 3.53%
- MCK
- 1.12%
- GKOS
- -24.60%
Operating Margin (TTM)
Glaukos (GKOS) turns 0.39% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.
GKOS
Health Care Equipment & Services industry group
0.39%
Group distribution
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- GKOS
- 0.39%
- Q1
- -0.28%
- Min
- -16.29%
Largest peers
- ISRG
- 33.29%
- SYK
- 22.96%
- MDT
- 19.33%
- ABT
- 11.66%
- UNH
- 5.82%
- MCK
- 1.48%
- GKOS
- 0.39%
Profitability Metrics
| Metric | Current stock: GKOS | Industry group median |
|---|---|---|
| ROE (TTM) | -22.84% | 5.45% |
| ROA (TTM) | -3.90% | 3.17% |
| Net Margin (TTM) | -24.60% | 2.18% |
| Operating Margin (TTM) | 0.39% | 6.81% |
| Gross Margin (TTM) | 81.13% | 55.21% |
Growth
Revenue Growth
Glaukos (GKOS) grew revenue 32.33%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.
EPS Growth
No usable EPS growth is available for Glaukos (GKOS) this period, so the earnings-momentum read is skipped.
Growth Metrics
| Metric | Current stock: GKOS | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 32.33% | 11.55% |
| Revenue Growth (3Y CAGR) | 21.51% | 10.83% |
| EPS Growth (YoY) | -- | 4.88% |
| EPS Growth (3Y CAGR) | -- | 14.59% |
Financial Strength
Current Ratio (MRQ)
Glaukos (GKOS) has current ratio of 4.57, above the industry’s typical middle range. Liquidity looks ample versus peers, though an unusually high cushion can also mean idle current assets or inefficient working capital.
GKOS
Health Care Equipment & Services industry group
4.57
Group distribution
- Max
- 7.59
- GKOS
- 4.57
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Largest peers
- GKOS
- 4.57
- ISRG
- 3.33
- SYK
- 2.18
- MDT
- 2.07
- ABT
- 1.46
- MCK
- 0.90
- UNH
- 0.74
Debt / Equity (MRQ)
Glaukos (GKOS) has debt-to-equity ratio of 0.15, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.
GKOS
Health Care Equipment & Services industry group
0.15
Group distribution
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- GKOS
- 0.15
- Min
- 0.00
Largest peers
- UNH
- 0.70
- SYK
- 0.66
- ABT
- 0.61
- MDT
- 0.55
- GKOS
- 0.15
- ISRG
- --
- MCK
- --
Financial Strength Metrics
| Metric | Current stock: GKOS | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 4.57 | 1.98 |
| Debt / Equity (MRQ) | 0.15 | 0.58 |
| Net Debt / EBITDA | -- | 2.04 |
Dividends
Dividend Yield (TTM)
Glaukos (GKOS) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
GKOS
Health Care Equipment & Services industry group
0.00%
Group distribution
- GKOS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- MDT
- 2.72%
- UNH
- 2.29%
- ABT
- 2.22%
- SYK
- 1.05%
- MCK
- 0.32%
- GKOS
- 0.00%
- ISRG
- 0.00%
Dividend Payout Ratio (TTM)
Glaukos (GKOS) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.
GKOS
Health Care Equipment & Services industry group
0.00%
Group distribution
- GKOS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- ABT
- 92.54%
- MDT
- 70.02%
- UNH
- 51.71%
- SYK
- 37.49%
- MCK
- 8.77%
- GKOS
- 0.00%
- ISRG
- 0.00%
Dividend Metrics
| Metric | Current stock: GKOS | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
No usable P/E ratio is available for Glaukos (GKOS) this period, so the trailing-earnings valuation read is skipped.
GKOS
Health Care Equipment & Services industry group
--
Group distribution
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
- GKOS
- --
Largest peers
- ISRG
- 54.75
- ABT
- 41.02
- SYK
- 34.70
- MCK
- 27.36
- MDT
- 25.01
- UNH
- 22.50
- GKOS
- --
P/S Ratio (TTM)
Glaukos (GKOS) trades at 19.24 on P/S ratio, above the industry benchmark range. The stock is being valued at an unusually rich price per dollar of trailing revenue.
GKOS
Health Care Equipment & Services industry group
19.24
Group distribution
- GKOS
- 19.24
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
Largest peers
- GKOS
- 19.24
- ISRG
- 13.82
- SYK
- 4.72
- ABT
- 3.95
- MDT
- 3.47
- UNH
- 0.78
- MCK
- 0.29
P/B Ratio (MRQ)
Glaukos (GKOS) trades at 18.51 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.
GKOS
Health Care Equipment & Services industry group
18.51
Group distribution
- GKOS
- 18.51
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Largest peers
- GKOS
- 18.51
- ISRG
- 9.82
- SYK
- 5.29
- ABT
- 3.73
- UNH
- 3.60
- MDT
- 2.59
- MCK
- -30.85
Valuation Metrics
| Metric | Current stock: GKOS | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | -- | 29.93 |
| P/S Ratio (TTM) | 19.24 | 2.13 |
| P/B Ratio (MRQ) | 18.51 | 3.00 |
| Free Cash Flow Yield (TTM) | 0.40% | 3.50% |