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NPCE vs PIII

NPCE
NeuroPace, Inc.
NEUTRAL
Price
$15.35
Market Cap
$516.8M
Sector
Healthcare
AI Confidence
80%
PIII
P3 Health Partners Inc.
BEARISH
Price
$2.50
Market Cap
$507.9M
Sector
Healthcare
AI Confidence
95%

Valuation

P/E Ratio
NPCE
--
PIII
--
Forward P/E
NPCE
-43.45
PIII
-11.9
P/B Ratio
NPCE
27.07
PIII
-0.05
P/S Ratio
NPCE
5.17
PIII
0.35
EV/EBITDA
NPCE
-32.71
PIII
-1.53

Profitability

Gross Margin
NPCE
77.23%
PIII
-4.12%
Operating Margin
NPCE
-6.65%
PIII
-39.98%
Profit Margin
NPCE
-21.47%
PIII
-10.14%
ROE
NPCE
-158.74%
PIII
-6952.57%
ROA
NPCE
-10.2%
PIII
-23.46%

Growth

Revenue Growth
NPCE
23.9%
PIII
3.8%
Earnings Growth
NPCE
--
PIII
--

Financial Health

Debt/Equity
NPCE
3.72
PIII
--
Current Ratio
NPCE
5.28
PIII
0.24
Quick Ratio
NPCE
4.25
PIII
0.22

Dividends

Dividend Yield
NPCE
--
PIII
--
Payout Ratio
NPCE
0.0%
PIII
0.0%

AI Verdict

NPCE NEUTRAL

NPCE presents a classic high-growth, high-risk medical device profile, characterized by a weak Piotroski F-Score of 3/9 and a lack of current profitability. While the company demonstrates strong top-line growth (23.9% YoY) and impressive gross margins (77.23%), its valuation is stretched with a Price/Book ratio of 27.07. The narrowing net losses and consistent earnings beats suggest a positive trajectory toward profitability, but high debt-to-equity (3.72) and bearish insider sentiment temper the bullish analyst consensus.

Strengths
Strong gross margins of 77.23% indicating high product value
Consistent revenue growth of ~24% YoY and Q/Q
Significant improvement in EPS (YoY growth of 55.6%) and narrowing losses
Risks
Weak financial health as indicated by a Piotroski F-Score of 3/9
Extremely high Price/Book ratio (27.07) suggesting overvaluation
High leverage with a Debt/Equity ratio of 3.72
PIII BEARISH

P3 Health Partners exhibits severe financial distress, characterized by a Piotroski F-Score of 4/9 which barely maintains a 'stable' rating despite catastrophic balance sheet metrics. The company is operating with negative equity (Price/Book: -0.05) and a critical liquidity crisis, evidenced by a Current Ratio of 0.24. Massive operating losses and a staggering ROE of -6952.57% indicate a failing business model. With a 5-year price decline of 99.5% and consistent earnings misses, the company faces significant insolvency risk.

Strengths
Low Price-to-Sales ratio (0.35) suggests low valuation relative to revenue
Marginal positive revenue growth (3.80% YoY)
Analyst target price ($3.50) sits above current market price
Risks
Critical liquidity shortage with a Current Ratio of 0.24
Negative shareholder equity (Price/Book -0.05)
Extreme operational inefficiency with -39.98% operating margins

Compare Another Pair

NPCE vs PIII: Head-to-Head Comparison

This page compares NeuroPace, Inc. (NPCE) and P3 Health Partners Inc. (PIII) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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