Accuray Incorporated (ARAY) vs PAVmed Inc. (PAVM)

Accuray Incorporated and PAVmed Inc. are both Medical Devices companies. PAVmed Inc. is the larger, with a market value of $31.0M against $27.8M — 1.1× the size. Accuray Incorporated grew revenue faster over the last twelve months: −12.3% against −89.0%. Accuray Incorporated has the higher net margin (−12.2% vs −18,417.9%) and the higher return on invested capital (−11.3% vs −54.5%). Across the 17 metrics below, Accuray Incorporated leads on 14 and PAVmed Inc. on 3.

Valuation

Metric ARAY PAVM Medical Devices median
P/E n/m n/m 22.18
P/S 0.07 215.51 2.70
P/B 0.65 1.56 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 0.33 316.55 2.38
Earnings yield (181.82%) (416.85%) (8.22%)
Free cash flow yield (47.85%) (30.79%) (7.80%)

Profitability

Metric ARAY PAVM Medical Devices median
Gross margin 27.73% (221.43%) 56.01%
Operating margin (6.58%) (23,841.07%) (15.03%)
Net margin (12.24%) (18,417.86%) (20.40%)
Free cash flow margin (3.19%) (6,948.21%) (7.24%)
Return on equity (80.08%) (216.61%) (15.32%)
Return on assets (10.77%) (49.05%) (19.72%)
Return on invested capital (11.25%) (54.50%) (10.33%)

Growth

Metric ARAY PAVM Medical Devices median
Revenue growth (TTM) (12.34%) (89.02%) 8.80%
EPS growth (last fiscal year) (2,480.65%) (143.04%) —
Revenue growth, 5-year CAGR 0.28% — 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ARAY PAVM Medical Devices median
Debt to equity 3.51 0.78 0.07
Current ratio 1.50 1.19 2.50
Net debt to EBITDA (10.10) 0.07 0.49

Dividend

Metric ARAY PAVM Medical Devices median
Dividend yield — 0.00% 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric ARAY PAVM Medical Devices median
Market cap 27.82m 31.02m 172.91m

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