# InMode Ltd. (INMD) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Healthcare / Health Care Technology. Price $14.91, market value $858 million.

## Valuation
- **P/E (trailing): 12.3×** (5-yr avg 16.6×, 3-yr avg 9.1×). InMode Ltd. trades at 12.3× trailing earnings, well below its own five-year average of 16.6×: cheap by its own standards. The Healthcare median in the September 2026 study was 28.5×. Forward P/E is 10.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.3×**. Each dollar of revenue is priced at 2.3×.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 9.6%** (5-yr avg 7.3%). Free cash flow equals 9.6% of the market value, above its five-year average of 7.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 8.1%**. The inverse of the P/E: 8.1% of the price is earned each year.

## Profitability
- **Gross margin: 76.5%**. InMode Ltd. keeps 76.5% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 18.5%**. 18.5% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 25.3%**. 25.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 13.7%**. 13.7% on shareholders' equity is solid.
- **Return on assets: 10.1%**. Each dollar of assets produces 10.1% of profit.

## Growth
- **Revenue growth (1 yr): -6.2%** (3-yr -6.6%/yr, 5-yr 12.4%/yr). Revenue fell 6.2% over the last year, against 12.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -36.4%** (3-yr -8.9%/yr, 5-yr 9.9%/yr). Earnings per share fell 36.4%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -22.3%/yr**. Free cash flow has compounded at -22.3% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Current ratio: 9.88** (quick 9.88). Current assets cover the next year's liabilities 9.88 times.
- **Altman Z-score: 9.27**. A Z-score of 9.27 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. InMode Ltd. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 3.5%** (YTD 1.5%, 3-mo 10.1%). The shares are up 3.5% over twelve months including dividends.
- **From 52-week high: -10.9%** (17.2% above the low). Trading 11% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 0.74** (volatility 32%). Beta of 0.74 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=INMD · Page: https://foliofundamentals.com/stocks/inmd

Not investment advice.
