AdaptHealth Corp. (AHCO) vs SiBone (SIBN)

AdaptHealth Corp. and SiBone are both Medical Devices companies. AdaptHealth Corp. and SiBone are of similar size ($830.0M and $756.7M). SiBone grew revenue faster over the last twelve months: 15.3% against 8.80%. AdaptHealth Corp. has the higher net margin (−6.77% vs −6.85%) and the higher return on invested capital (−2.50% vs −15.4%). Across the 18 metrics below, AdaptHealth Corp. leads on 11 and SiBone on 7.

Valuation

Metric AHCO SIBN Medical Devices median
P/E n/m n/m 22.18
P/S 0.23 3.87 2.70
P/B 0.55 4.53 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 3.36 2.38
Earnings yield (30.14%) (1.83%) (8.22%)
Free cash flow yield 12.91% (0.53%) (7.80%)

Profitability

Metric AHCO SIBN Medical Devices median
Gross margin 16.87% 79.53% 56.01%
Operating margin (3.87%) (8.31%) (15.03%)
Net margin (6.77%) (6.85%) (20.40%)
Free cash flow margin 2.94% (2.05%) (7.24%)
Return on equity (15.32%) (8.30%) (15.32%)
Return on assets (5.25%) (6.10%) (19.72%)
Return on invested capital (2.50%) (15.40%) (10.33%)

Growth

Metric AHCO SIBN Medical Devices median
Revenue growth (TTM) 8.80% 15.30% 8.80%
EPS growth (last fiscal year) (185.25%) 41.33% —
Revenue growth, 5-year CAGR 24.83% 22.32% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AHCO SIBN Medical Devices median
Debt to equity 1.38 0.20 0.07
Current ratio 1.12 9.15 2.50
Net debt to EBITDA 2.74 5.76 0.49

Dividend

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

Size

Metric AHCO SIBN Medical Devices median
Market cap 756.74m 830.04m 172.91m

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