Critical Review: IMAC (BACK) and Its Competitors

Institutional and Insider Ownership

5.8% of IMAC shares are held by institutional investors. Comparatively, 57.2% of shares of all “Healthcare Providers & Services” companies are held by institutional investors. 12.3% of IMAC shares are held by company insiders. Comparatively, 15.4% of shares of all “Healthcare Providers & Services” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares IMAC and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
IMAC	N/A	N/A	-325.44%
IMAC Competitors	-5.58%	-137.93%	-0.40%

Valuation and Earnings

This table compares IMAC and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
IMAC	$72,050.00	-$9.42 million	-0.00
IMAC Competitors	$20.54 billion	$279.23 million	0.88

IMAC’s competitors have higher revenue and earnings than IMAC. IMAC is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

IMAC has a beta of 1.78, indicating that its stock price is 78% more volatile than the S&P 500. Comparatively, IMAC’s competitors have a beta of 0.97, indicating that their average stock price is 3% less volatile than the S&P 500.

Summary

IMAC competitors beat IMAC on 6 of the 9 factors compared.

About IMAC

IMAC Holdings, Inc. owns and manages innovative medical advancements and care regeneration centers, and backspace clinics in the United States. The company's outpatient medical clinics provide regenerative, orthopedic, and minimally invasive procedures and therapies to patients with sports injuries, ligament and tendon damage, and other related soft tissue conditions, as well as back, knee, and joint pains. It also provides medical treatments, regenerative, spinal decompression, chiropractic manipulation, and physical medicine and therapy. IMAC Holdings, Inc. was founded in 2000 and is headquartered in Franklin, Tennessee.