AdaptHealth Corp. (AHCO) vs Lumexa Imaging Holdings, Inc. (LMRI)

AdaptHealth Corp. and Lumexa Imaging Holdings, Inc. are both Medical Devices companies. Lumexa Imaging Holdings, Inc. is the larger, with a market value of $949.2M against $756.7M — 1.3× the size. Lumexa Imaging Holdings, Inc. has the higher net margin (−2.78% vs −6.77%) and the higher return on invested capital (48.1% vs −2.50%). Across the 18 metrics below, AdaptHealth Corp. leads on 9 and Lumexa Imaging Holdings, Inc. on 9.

Valuation

Metric AHCO LMRI Medical Devices median
P/E n/m n/m 22.18
P/S 0.23 0.55 2.70
P/B 0.55 1.59 2.46
Price to free cash flow 7.75 65.63 22.53
EV/EBITDA 4.64 1.57 11.78
EV/Sales 0.78 1.00 2.38
Earnings yield (30.14%) (6.99%) (8.22%)
Free cash flow yield 12.91% 1.52% (7.80%)

Profitability

Metric AHCO LMRI Medical Devices median
Gross margin 16.87% 63.41% 56.01%
Operating margin (3.87%) 61.03% (15.03%)
Net margin (6.77%) (2.78%) (20.40%)
Free cash flow margin 2.94% 0.83% (7.24%)
Return on equity (15.32%) 0.00% (15.32%)
Return on assets (5.25%) (5.51%) (19.72%)
Return on invested capital (2.50%) 48.10% (10.33%)

Growth

Metric AHCO LMRI Medical Devices median
Revenue growth (TTM) 8.80% — 8.80%
EPS growth (last fiscal year) (185.25%) 51.01% —
Revenue growth, 5-year CAGR 24.83% — 15.23%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric AHCO LMRI Medical Devices median
Debt to equity 1.38 1.42 0.07
Current ratio 1.12 1.44 2.50
Net debt to EBITDA 2.74 5.06 0.49

Dividend

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

Size

Metric AHCO LMRI Medical Devices median
Market cap 756.74m 949.22m 172.91m

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