AxoGen, Inc. (AXGN) vs Integer Holdings Corporation (ITGR)

AxoGen, Inc. and Integer Holdings Corporation are both Medical Devices companies. Integer Holdings Corporation is the larger, with a market value of $4.3B against $2.5B — 1.7× the size. AxoGen, Inc. has negative trailing earnings, so its P/E is not meaningful; Integer Holdings Corporation trades at 34.2×. AxoGen, Inc. grew revenue faster over the last twelve months: 23.6% against 2.71%. Integer Holdings Corporation has the higher net margin (6.97% vs −13.4%) and the higher return on invested capital (3.74% vs −4.99%). Across the 20 metrics below, Integer Holdings Corporation leads on 15 and AxoGen, Inc. on 5.

Valuation

Metric AXGN ITGR Medical Devices median
P/E n/m 34.23 22.18
P/S 9.21 2.33 2.70
P/B 9.03 2.50 2.46
Price to free cash flow 355.51 38.71 22.53
EV/EBITDA n/m 17.21 11.78
EV/Sales 8.84 3.02 2.38
Earnings yield (1.56%) 2.92% (8.22%)
Free cash flow yield 0.28% 2.58% (7.80%)

Profitability

Metric AXGN ITGR Medical Devices median
Gross margin 74.56% 25.68% 56.01%
Operating margin (5.12%) 9.70% (15.03%)
Net margin (13.36%) 6.97% (20.40%)
Free cash flow margin 2.59% 6.07% (7.24%)
Return on equity (18.21%) 7.50% (15.32%)
Return on assets (13.15%) 3.78% (19.72%)
Return on invested capital (4.99%) 3.74% (10.33%)

Growth

Metric AXGN ITGR Medical Devices median
Revenue growth (TTM) 23.57% 2.71% 8.80%
EPS growth (last fiscal year) (47.83%) (13.99%) —
Revenue growth, 5-year CAGR 14.93% 11.54% 15.23%
Net income growth, 5-year CAGR 0.00% 5.88% 0.00%

Health

Metric AXGN ITGR Medical Devices median
Debt to equity 0.07 0.75 0.07
Current ratio 6.60 3.73 2.50
Net debt to EBITDA 14.26 3.33 0.49

Dividend

Metric AXGN ITGR Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric AXGN ITGR Medical Devices median
Market cap 2.54b 4.29b 172.91m

Compare with another peer

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