BWAYBrainsWay Ltd.

$11.44+50% 1Y

Is the business good?

Mixed

The checks split: nothing decisive, though earnings fully cash-backed (8.8×).

1 good, 1 neutral, 2 without data
Profits arrive as cash8.77×derived · Dec 31, 2024

Operating profit is fully backed by cash.

Where ROE comes from3% ROAderived

A balanced mix of margins, efficiency, and leverage. ROE 5% = margin × turnover × leverage.

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is BWAY?

BrainsWay Ltd. keeps 3.4% of every revenue dollar as operating profit, against 2.1% for the median Medical Devices name.

3.4%

Operating margin · Medical Devices median 2.1% · fiscal year to FY2024

Cash conversion
8.77×

Cash conversion · operating cash flow covers the operating profit after tax

Share count, year on year
+2.5%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
18%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY2019−37%
FY2020−22%
FY2021−17%
FY2022−47%
FY2023−16%
FY20243.4%
Details›
Gross marginfiscal year to FY2024
75%
Operating marginfiscal year to FY2024
3.4%
Net marginfiscal year to FY2024
7.1%
R&D as % of revenue
18%
Revenue, trailing twelve months
$41M
Net income, trailing twelve months
$2.9M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.