Is ESTABLISHMENT LABS HOLDINGS INC. (ESTA) Halal?

NASDAQ Healthcare United States $1.6B
✓ HALAL
Confidence: 95/100
ESTABLISHMENT LABS HOLDINGS INC. (ESTA) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 12.8% against the AAOIFI threshold of 30%, ESTABLISHMENT LABS HOLDINGS INC. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Medical Devices), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 12.8%
/ 30%
3.7%
/ 30%
3.8%
/ 30%
0.2%
/ 5%
✓ HALAL
DJIM 12.8%
/ 33%
3.7%
/ 33%
3.8%
/ 33%
0.2%
/ 5%
✓ HALAL
MSCI 74.0%
/ 33%
21.2%
/ 33%
21.7%
/ 33%
0.2%
/ 5%
✗ NOT HALAL
S&P 12.8%
/ 33%
3.7%
/ 33%
3.8%
/ 33%
0.2%
/ 5%
✓ HALAL
FTSE 74.0%
/ 33%
21.2%
/ 33%
21.7%
/ 50%
0.2%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-1.72
P/B Ratio
68.8
EV/EBITDA
-61.5
EV: $1.8B
Revenue
$211M
Growth: 45.2%
Beta
1.0
Average volatility
Current Ratio
3.0

Profitability

Gross Margin 69.3%
Operating Margin -6.1%
Net Margin -24.2%
Return on Equity (ROE) -133.3%
Return on Assets (ROA) -6.9%

Cash Flow & Balance Sheet

Operating Cash Flow-$51M
Free Cash Flow-$58M
Total Debt$264M
Debt-to-Equity1123.1
Current Ratio3.0
Total Assets$357M

Price & Trading

Last Close$59.91
50-Day MA$68.80
200-Day MA$55.16
Avg Volume496K
Beta1.0
52-Week Range
$26.56
$83.31

About ESTABLISHMENT LABS HOLDINGS INC. (ESTA)

CEO
Mr. Fillipo Peter Caldini
Employees
1,004
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap
$1.6B
Currency
USD

Establishment Labs Holdings Inc., a medical technology company, manufactures and markets medical devices for breast aesthetic and reconstructive plastic surgeries in Europe, the Middle East, Africa, Latin America, Asia, and the United States. The company offers silicone gel-filled breast implants under the Motiva Implants brand. It also provides breast tissue expanders. The company sells products to physicians, hospitals, and clinics through distributors and its direct sales force. Establishment Labs Holdings Inc. was incorporated in 2004 and is based in Austin, Texas.

Purification Calculator

As a halal stock with 0.20% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is ESTABLISHMENT LABS HOLDINGS INC. (ESTA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ESTABLISHMENT LABS HOLDINGS INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ESTABLISHMENT LABS HOLDINGS INC.'s debt ratio?

ESTABLISHMENT LABS HOLDINGS INC.'s debt ratio is 12.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 74.0%.

Does ESTABLISHMENT LABS HOLDINGS INC. require dividend purification?

Yes, ESTABLISHMENT LABS HOLDINGS INC. has an impermissible income ratio of 0.20%, which means 0.20% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are ESTABLISHMENT LABS HOLDINGS INC.'s key financial metrics?

ESTABLISHMENT LABS HOLDINGS INC. has a market capitalization of $1.6B, and revenue of $211M. The company maintains a gross margin of 69.3% and a net margin of -24.2%. Return on equity stands at -133.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.