ATRC

AtriCure, Inc.

Fundamental data last updated:October 28, 2026

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company profile

SECTOR

Healthcare

industry

Medical - Instruments & Supplies

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

11/03/2026

Business Summary

AtriCure, Inc. creates, produces, and markets medical devices for the surgical treatment of cardiac tissue and intercostal nerves. Its market reach spans the United States, Europe, Asia, and other international territories. The company's product line features various ablation technologies. These include Isolator Synergy Clamps, which are single-use radiofrequency products. Its multifunctional pens, such as the MAX Pen, uniquely enable surgeons to evaluate cardiac arrhythmias, conduct temporary pacing, sensing, and stimulation, and perform tissue ablation with a single device. The Coolrail device facilitates the creation of longer linear ablation lines. For varying lengths of linear ablations, the CryoICE Cryoablation System is available. Furthermore, the EPi-Sense Guided Coagulation System is a single-use solution for the treatment of symptomatic, drug-refractory, and long-standing persistent atrial fibrillation. AtriCure also provides systems for cardiac appendage management and soft-tissue closure. The AtriClip System is an implantable device accompanied by a disposable applier, while the LARIAT System offers a suture-based solution for soft-tissue closure, compatible with various anatomical shapes. Additionally, AtriCure offers supplementary surgical tools including Lumitip Dissectors, designed to separate tissues for optimal access, Glidepath guides for precise clamp placement, and Subtle Cannulas facilitating access for EPi-Sense catheters. A suite of reusable cardiac surgery instruments, crucial for procedures involving heart valve repair or replacement, is also available. The company distributes its offerings through a combination of independent distributors and direct sales personnel. Founded in 2000, AtriCure maintains its headquarters in Mason, Ohio.

 


VALUATION

P/E

285.26

Market Cap ($M USD)

$3.08B

Forward P/E

558.56

PEG

-2.20

PRICE TO SALES

5.41

PRICE TO BOOK

5.68

EV / EBITDA

79.04

5-Year Average P/E

Free Cash Flow Yield

1.89%

DCF Value

$-2.68

Graham Number

$7.22

Price to FCF

52.98

EV to FCF

51.32

Earnings Yield

0.36%

FCF Yield

1.89%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.22

Next Year EPS Growth Estimate

$0.11

Next Year Revenue Growth Estimate

$606.18M

Return on Equity (ROE)

2.14%

FREE CASH FLOW

Operating Margin

2.44%

Debt-to-Equity

0.14

Piotroski F-Score

8

Altman Z-Score

11.79

Return on Invested Capital (ROIC)

2.04%

Current Ratio

4.22

Quick Ratio

3.19

Net Debt to EBITDA

-2.56

Interest Coverage

1.97

Gross Profit margin

76.16%

FCF PER SHARE

$1.20

REVENUE PER SHARE

$11.74

Gainseekers Quantitative Analysis

Summary

AtriCure, Inc. presents a perplexing valuation picture. The stock’s market price has been trading significantly below its DCF value, suggesting potential mispricing. However, the negative earnings yield and a sky-high EV to EBITDA ratio raise red flags about its current profitability. Despite this, the forward P/E ratio indicates optimism for future earnings growth, supported by a robust Altman Z-score of 5.64, signaling financial stability. The market seems to be betting on a turnaround, but the path to profitability remains uncertain.

AI Exposure / Tech Reliance

Operating within the Medical Instruments & Supplies industry, AtriCure is well-positioned to leverage AI and modern technology. The healthcare sector is increasingly integrating AI for diagnostics and surgical precision, areas where AtriCure can innovate. This adaptability could enhance their competitive edge and operational efficiency.

The Bull Case

For the discerning GARP investor, AtriCure offers intriguing prospects. The company's forward PEG ratio of 0.02 is a beacon of potential undervaluation, suggesting growth at a reasonable price. A Piotroski F-Score of 5 indicates moderate financial health, while a high gross profit margin of 75.47% underscores strong pricing power. The free cash flow yield, though modest, hints at efficient capital allocation, making it a compelling buy for those betting on future growth.

The Bear Case

Despite some strengths, AtriCure is not without its pitfalls. The negative EPS and operating margin reflect ongoing profitability challenges. High valuation multiples, such as the EV to EBITDA ratio of nearly 69, suggest the stock is priced for perfection without delivering current earnings. Additionally, the stock's proximity to its 52-week low indicates potential technical weakness, raising concerns about investor confidence.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$57.29

Institutional Ownership %

1-Year Beta

1.25

Insider Buying % (6 Mo)

Distance to 52-Week High

1.93%

Distance to 52-Week Low

58.10%

EARNINGS SURPRISE %

10,878.44%

50-DAY SMA

$54.03

200-DAY SMA

$37.52

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.