Anteris Technologies Global Corp. (AVR) vs Tactile Systems Technology, Inc. (TCMD)

Anteris Technologies Global Corp. and Tactile Systems Technology, Inc. are both Medical Devices companies. Anteris Technologies Global Corp. and Tactile Systems Technology, Inc. are of similar size ($590.7M and $544.0M). Anteris Technologies Global Corp. has negative trailing earnings, so its P/E is not meaningful; Tactile Systems Technology, Inc. trades at 25.2×. Tactile Systems Technology, Inc. grew revenue faster over the last twelve months: 14.4% against −9.56%. Tactile Systems Technology, Inc. has the higher net margin (6.68% vs −4,619.3%) and the higher return on invested capital (15.3% vs 0.00%). Across the 17 metrics below, Tactile Systems Technology, Inc. leads on 14 and Anteris Technologies Global Corp. on 3.

Valuation

Metric AVR TCMD Medical Devices median
P/E n/m 25.17 25.58
P/S 242.70 1.67 2.54
P/B 2.16 2.62 2.48
Price to free cash flow n/m 20.66 28.81
EV/EBITDA n/m 13.03 11.51
EV/Sales 128.10 1.48 2.72
Earnings yield (34.88%) 3.97% (12.82%)
Free cash flow yield (16.22%) 4.84% (8.18%)

Profitability

Metric AVR TCMD Medical Devices median
Gross margin 74.98% 77.00% 57.76%
Operating margin (4,738.36%) 9.44% (15.07%)
Net margin (4,619.27%) 6.68% (14.45%)
Free cash flow margin (3,937.07%) 8.10% (3.88%)
Return on equity (75.13%) 11.02% (10.35%)
Return on assets (66.31%) 8.65% (17.26%)
Return on invested capital 0.00% 15.33% (5.27%)

Growth

Metric AVR TCMD Medical Devices median
Revenue growth (TTM) (9.56%) 14.41% 10.41%
EPS growth (last fiscal year) 30.71% 17.14% 28.17%
Revenue growth, 5-year CAGR — 11.98% 15.74%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric AVR TCMD Medical Devices median
Debt to equity 0.00 0.00 0.04
Current ratio 14.20 3.51 2.74
Net debt to EBITDA 0.14 (2.76) 0.54

Dividend

Metric AVR TCMD Medical Devices median
Dividend yield — — 1.02%
Payout ratio — — 0.37

Size

Metric AVR TCMD Medical Devices median
Market cap 544.01m 590.72m 239.53m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack