Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
IRIDEXIRIX -2.38%60 3-Year EBITDA Growth Rate is 46.20% as of Mar. 2026, which is 2980% above its 10-year median of 1.50. GuruFocus rates IRIX with a GF Score™ of 60/100 and a GF Value™ of $1.70 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 692 Medical Devices & Instruments companies, IRIDEX ranks better than 86.99% on this metric.
During the past 3 years, the average EBITDA Per Share Growth Rate was 46.20% per year.
During the past 5 years, the average EBITDA Per Share Growth Rate was 23.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
During the past 13 years, the highest 3-Year average EBITDA Per Share Growth Rate of IRIDEX was 46.20% per year. The lowest was -181.70% per year. And the median was 1.50% per year.
EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.
IRIDEX 3-Year EBITDA Growth Rate Related Terms
IRIX vs ICCM, LFWD, GTHP: 3-Year EBITDA Growth Rate Comparison
For the Medical Devices subindustry, IRIDEX's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IRIDEX 3-Year EBITDA Growth Rate vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, IRIDEX's 3-Year EBITDA Growth Rate distribution charts can be found below:
* The bar in red indicates where IRIDEX's 3-Year EBITDA Growth Rate falls into.
This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
What does a 3-Year EBITDA Growth Rate of 46.20% mean?
IRIDEX (IRIX) has a 3-Year EBITDA Growth Rate of 46.20% as of Mar. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for IRIDEX and its competitors. This is 2980% above median its historical median of 1.50. According to the industry distribution chart, IRIDEX ranks #90 out of 692 companies in the Medical Devices & Instruments industry, placing it in the top 13%.
Is IRIDEX's 3-Year EBITDA Growth Rate too high?
IRIDEX's current 3-Year EBITDA Growth Rate of 46.20% is 2980% above median its 10-year median of 1.50. The Medical Devices & Instruments industry median 3-Year EBITDA Growth Rate is 7.65. IRIDEX's value of 46.20% is 503.9% above this industry median. Based on the distribution chart, IRIDEX ranks #90 out of 692 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, IRIDEX has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IRIDEX's 3-Year EBITDA Growth Rate compare to ICCM and LFWD?
According to the Medical Devices & Instruments industry distribution chart, IRIDEX ranks #90 out of 692 companies for 3-Year EBITDA Growth Rate. This places IRIDEX in the top 13% of its industry — outperforming the majority of peers. The industry median 3-Year EBITDA Growth Rate is 7.65. IRIDEX's value of 46.20% is 503.9% above this benchmark. While the company's 10-year median is 1.50 vs. the industry median of 7.65, IRIDEX has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for a Medical Devices & Instruments company?
The median 3-Year EBITDA Growth Rate among Medical Devices & Instruments companies is 7.65, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRIDEX's current 3-Year EBITDA Growth Rate of 46.20% is 503.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for IRIDEX and its competitors. For the Medical Devices & Instruments industry, the median 3-Year EBITDA Growth Rate is 7.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRIDEX's current 3-Year EBITDA Growth Rate is 46.20%, which is 2980% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRIDEX stock overvalued right now?
Based on GuruFocus' analysis, IRIDEX (IRIX) is currently considered Possible Value Trap. The stock's GF Value™ is $1.70, compared to a current price of $0.90 — trading 47.1% below its estimated fair value. The current 3-Year EBITDA Growth Rate is 46.20%, which is 2980% above median its 10-year median of 1.50 and 503.9% above the Medical Devices & Instruments industry median of 7.65. IRIDEX's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For IRIDEX (IRIX), the current 3-Year EBITDA Growth Rate is 46.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IRIDEX (IRIX) Overvalued in 2026?
Based on GuruFocus' analysis, IRIDEX stock appears to be undervalued.
The current stock price of $0.90 is trading 47.1% below its estimated GF Value™ of $1.70.
GuruFocus considers IRIDEX to be Possible Value Trap.
Key valuation signals for IRIX:
3-Year EBITDA Growth Rate: 46.20% (2980% above median its 10-year median of 1.50)
GF Value™: $1.70 vs. price of $0.90 (47.1% below fair value)
Industry Position: 503.9% above the Medical Devices & Instruments median (#90 of 692)
No single metric tells the full story. See the IRIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRIDEX Corp is an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures used to treat sight-threatening eye conditions, including glaucoma and retinal diseases. Its products include Lasers, Laser delivery devices, Glaucoma devices, Retinal surgical instruments, and Veterinary and ENT products. The firm also powers its products with its proprietary Micropulse technology. The company operates in only one reportable segment, Ophthalmology. It derives revenues from the sale of consoles, delivery devices, consumables, services, and support activities. The geographical segments of the company include the United States, which drives maximum revenue, Europe, and the Americas, excluding the U.S. and Asia/Pacific Rim.
60GF Score
Get the complete analysis for IRIX
3-Year EBITDA Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IRIX has been successfully added to your 
