AdaptHealth Corp. (AHCO) vs CeriBell, Inc. (CBLL)

AdaptHealth Corp. and CeriBell, Inc. are both Medical Devices companies. CeriBell, Inc. is the larger, with a market value of $914.2M against $756.7M — 1.2× the size. CeriBell, Inc. grew revenue faster over the last twelve months: 31.7% against 8.80%. AdaptHealth Corp. has the higher net margin (−6.77% vs −64.7%) and the higher return on invested capital (−2.50% vs −229.8%). Across the 17 metrics below, AdaptHealth Corp. leads on 10 and CeriBell, Inc. on 7.

Valuation

Metric AHCO CBLL Medical Devices median
P/E n/m n/m 22.18
P/S 0.23 8.84 2.70
P/B 0.55 7.02 2.46
Price to free cash flow 7.75 n/m 22.53
EV/EBITDA 4.64 n/m 11.78
EV/Sales 0.78 7.76 2.38
Earnings yield (30.14%) (7.43%) (8.22%)
Free cash flow yield 12.91% (6.23%) (7.80%)

Profitability

Metric AHCO CBLL Medical Devices median
Gross margin 16.87% 88.90% 56.01%
Operating margin (3.87%) (68.62%) (15.03%)
Net margin (6.77%) (64.73%) (20.40%)
Free cash flow margin 2.94% (55.02%) (7.24%)
Return on equity (15.32%) (43.93%) (15.32%)
Return on assets (5.25%) (35.29%) (19.72%)
Return on invested capital (2.50%) (229.76%) (10.33%)

Growth

Metric AHCO CBLL Medical Devices median
Revenue growth (TTM) 8.80% 31.70% 8.80%
EPS growth (last fiscal year) (185.25%) 56.93% —
Revenue growth, 5-year CAGR 24.83% — 15.23%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric AHCO CBLL Medical Devices median
Debt to equity 1.38 0.16 0.07
Current ratio 1.12 9.18 2.50
Net debt to EBITDA 2.74 2.38 0.49

Dividend

Metric AHCO CBLL Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 — 0.00

Size

Metric AHCO CBLL Medical Devices median
Market cap 756.74m 914.17m 172.91m

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