AtriCure, Inc. (ATRC) vs BioLife Solutions, Inc. (BLFS)

AtriCure, Inc. and BioLife Solutions, Inc. are both Medical Instruments & Supplies companies. AtriCure, Inc. is the larger, with a market value of $3.1B against $1.9B — 1.6× the size. BioLife Solutions, Inc. trades at the lower P/E: 32.6× against 270×. BioLife Solutions, Inc. grew revenue faster over the last twelve months: 30.1% against 13.9%. BioLife Solutions, Inc. has the higher net margin (54.4% vs 1.85%) and the lower return on invested capital (0.32% vs 1.92%). Across the 21 metrics below, AtriCure, Inc. leads on 11 and BioLife Solutions, Inc. on 10.

Valuation

Metric ATRC BLFS Medical Instruments & Supplies median
P/E 269.53 32.62 34.17
P/S 4.99 17.63 2.83
P/B 5.50 4.48 2.82
Price to free cash flow 122.92 232.01 25.69
EV/EBITDA 80.33 350.25 16.08
EV/Sales 4.82 16.99 3.06
Earnings yield 0.37% 3.07% (1.84%)
Free cash flow yield 0.81% 0.43% 0.17%

Profitability

Metric ATRC BLFS Medical Instruments & Supplies median
Gross margin 76.30% 63.61% 54.62%
Operating margin 2.26% 1.64% 1.64%
Net margin 1.85% 54.35% 0.00%
Free cash flow margin 9.32% 7.60% 1.61%
Return on equity 2.15% 15.12% 0.00%
Return on assets 1.64% 13.89% 0.00%
Return on invested capital 1.92% 0.32% 0.00%

Growth

Metric ATRC BLFS Medical Instruments & Supplies median
Revenue growth (TTM) 13.94% 30.12% 9.20%
EPS growth (last fiscal year) 74.74% 77.27% —
Revenue growth, 5-year CAGR 20.95% 14.88% 9.48%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ATRC BLFS Medical Instruments & Supplies median
Debt to equity 0.14 0.00 0.08
Current ratio 4.22 9.69 2.49
Net debt to EBITDA (9.13) 7.04 0.83

Dividend

Metric ATRC BLFS Medical Instruments & Supplies median
Dividend yield — — 0.99%
Payout ratio 0.00 0.00 0.00

Size

Metric ATRC BLFS Medical Instruments & Supplies median
Market cap 3.09b 1.91b 938.39m

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