Apyx Medical Corporation (APYX) vs Hyperfine, Inc. (HYPR)

Apyx Medical Corporation and Hyperfine, Inc. are both Medical Devices companies. Apyx Medical Corporation is the larger, with a market value of $119.2M against $84.4M — 1.4× the size. Hyperfine, Inc. grew revenue faster over the last twelve months: 53.2% against 25.6%. Apyx Medical Corporation has the higher net margin (−14.8% vs −210.8%) and the higher return on invested capital (−11.8% vs −401.8%). Across the 18 metrics below, Apyx Medical Corporation leads on 13 and Hyperfine, Inc. on 5.

Valuation

Metric APYX HYPR Medical Devices median
P/E n/m n/m 22.18
P/S 2.22 4.89 2.70
P/B 11.70 2.20 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 2.36 2.98 2.38
Earnings yield (6.76%) (46.91%) (8.22%)
Free cash flow yield (8.51%) (34.06%) (7.80%)

Profitability

Metric APYX HYPR Medical Devices median
Gross margin 63.50% 51.41% 56.01%
Operating margin (6.06%) (203.27%) (15.03%)
Net margin (14.78%) (210.75%) (20.40%)
Free cash flow margin (18.91%) (166.48%) (7.24%)
Return on equity (93.11%) (96.97%) (15.32%)
Return on assets (14.48%) (64.40%) (19.72%)
Return on invested capital (11.76%) (401.79%) (10.33%)

Growth

Metric APYX HYPR Medical Devices median
Revenue growth (TTM) 25.59% 53.16% 8.80%
EPS growth (last fiscal year) 59.09% 23.21% —
Revenue growth, 5-year CAGR 13.78% 115.18% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric APYX HYPR Medical Devices median
Debt to equity 3.19 0.36 0.07
Current ratio 5.68 6.15 2.50
Net debt to EBITDA (0.54) 1.00 0.49

Dividend

Metric APYX HYPR Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric APYX HYPR Medical Devices median
Market cap 119.21m 84.40m 172.91m

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