Check-Cap (CHEK) AI Stock Analysis

• Market Cap: $4.46M
• Dividend Yield: N/A
• Average Volume (3M): 30.84K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.92
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 85
• Sector: Healthcare
• Sector Strength: 37
• Industry: Medical - Diagnostics & Research
• EPS (TTM): -3.00
• Shares Outstanding: 5,850,364
• 10 Day Avg. Volume: 19,951
• 30 Day Avg. Volume: 30,838
• PEG Ratio: 0.04
• Price to Book (P/B): 0.30
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.65
• Enterprise Value/Market Cap: 2.10
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -425.09
• Enterprise Value/Ebitda: -0.15
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 26 Underperform
• Price Target: ―

Check-Cap's overall score reflects its significant financial challenges, primarily due to a lack of revenue generation and persistent losses. While the technical analysis hints at possible recovery, the valuation is weak due to negative profitability indicators. The company's strong equity position is a positive aspect, but without revenue, it faces substantial risks.

Check-Cap Business Overview & Revenue Model

Company Description

Check-Cap Ltd., a clinical stage medical diagnostics company, engages in the development of a capsule-based screening technology that utilizes ultra-low-dose X-rays to scan the inner lining of the colon for precancerous polyps, and other structural abnormalities in Israel. Its C-Scan system consists of C-Scan Cap, an X-ray scanning capsule for detection of suspected polyps; C-Scan Track, a disposable system attached to the patient's back through biocompatible adhesive skin patches; and C-Scan View software, a client/server-based application that enables procedure data download from the C-Scan Track, data analysis, and report generation. The company was incorporated in 2004 and is based in Isfiya, Israel.

How the Company Makes Money

Check-Cap generates revenue primarily through the development and commercialization of its C-Scan technology. Revenue streams include the sale of C-Scan systems and capsules to healthcare providers and institutions. The company may also earn income through partnerships or licensing agreements with larger healthcare or medical device companies, which can provide additional funding and distribution channels. Furthermore, Check-Cap might engage in collaborative research and development agreements that contribute to its revenue, especially as it seeks regulatory approvals and market expansion.

Check-Cap Financial Statement Overview

Summary

Check-Cap's financial health is precarious, with no revenue streams to support its operations, leading to continuous losses. The company's strong equity position and lack of debt provide a cushion, but the absence of revenue generation and persistent negative cash flows highlight significant risks.

Income Statement

Check-Cap's income statement reveals a lack of revenue generation over the years, with persistent negative net income and EBIT, indicating ongoing challenges in achieving profitability. The absence of revenue growth and consistently high operating losses underscore significant financial instability.

Balance Sheet

The balance sheet shows a strong equity position with zero total debt as of the latest report, which provides financial stability. However, the company's inability to generate revenue casts doubt on the sustainability of its equity position over the long term.

Cash Flow

The cash flow statement indicates negative operating and free cash flows, reflecting the company's operational inefficiencies. While there is a significant cash position, this is not backed by revenue-generating activities, posing a risk to cash burn over time.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-22.00K	-212.00K	-405.00K	-205.00K	-148.00K	-115.00K
EBITDA	-13.35M	-17.65M	-18.69M	-16.98M	-13.69M	-13.95M
Net Income	-12.56M	-17.57M	-19.25M	-17.09M	-13.76M	-13.60M
Balance Sheet
Total Assets	18.09M	25.02M	45.44M	55.66M	19.64M	9.43M
Cash, Cash Equivalents and Short-Term Investments	17.82M	24.76M	41.70M	51.56M	17.78M	7.68M
Total Debt	0.00	0.00	964.00K	1.15M	389.00K	433.00K
Total Liabilities	913.00K	1.33M	4.13M	4.97M	3.26M	3.19M
Stockholders Equity	17.18M	23.69M	41.31M	50.69M	16.38M	6.23M
Cash Flow
Free Cash Flow	-3.55M	-17.04M	-19.19M	-17.27M	-13.49M	-13.01M
Operating Cash Flow	-7.14M	-16.95M	-18.71M	-16.26M	-13.11M	-12.84M
Investing Cash Flow	13.39M	21.36M	-12.51M	-16.01M	-10.45M	5.45M
Financing Cash Flow	0.00	0.00	8.85M	51.02K	23.58M	6.51M

Check-Cap Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CHEK, the sentiment is Negative. The current price of 0.75 is below the 20-day moving average (MA) of 0.77, below the 50-day MA of 0.80, and below the 200-day MA of 0.92, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.42 is Neutral, neither overbought nor oversold. The STOCH value of 38.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CHEK.

Check-Cap Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INBS	61 Neutral	$14.65M	―	-126.34%	―	3.87%	91.76%
MYNZ	55 Neutral	$7.59M	―	-809.29%	―	―	―
Sector *	52 Neutral	$7.61B	0.10	-63.03%	2.08%	16.34%	0.32%
BIAF	50 Neutral	$9.88M	―	-290.85%	―	78.40%	22.41%
APDN	42 Neutral	$2.73M	―	-141.39%	―	-58.46%	47.98%
NDRA	34 Underperform	$5.20M	―	-358.41%	―	―	71.89%
CHEK	26 Underperform	$4.46M	―	-74.17%	―	―	―