Azenta, Inc. (AZTA) vs BioLife Solutions, Inc. (BLFS)

Azenta, Inc. and BioLife Solutions, Inc. are both Medical Instruments & Supplies companies. BioLife Solutions, Inc. is the larger, with a market value of $1.9B against $1.5B — 1.3× the size. Azenta, Inc. has negative trailing earnings, so its P/E is not meaningful; BioLife Solutions, Inc. trades at 32.6×. BioLife Solutions, Inc. grew revenue faster over the last twelve months: 30.1% against 4.80%. BioLife Solutions, Inc. has the higher net margin (54.4% vs −20.0%) and the higher return on invested capital (0.32% vs −9.27%). Across the 19 metrics below, BioLife Solutions, Inc. leads on 12 and Azenta, Inc. on 7.

Valuation

Metric AZTA BLFS Medical Instruments & Supplies median
P/E n/m 32.62 34.17
P/S 2.51 17.63 2.83
P/B 1.02 4.48 2.82
Price to free cash flow 155.92 232.01 25.69
EV/EBITDA 45.72 350.25 16.08
EV/Sales 2.09 16.99 3.06
Earnings yield (8.08%) 3.07% (1.84%)
Free cash flow yield 0.64% 0.43% 0.17%

Profitability

Metric AZTA BLFS Medical Instruments & Supplies median
Gross margin 44.05% 63.61% 54.62%
Operating margin (28.56%) 1.64% 1.64%
Net margin (20.02%) 54.35% 0.00%
Free cash flow margin 1.61% 7.60% 1.61%
Return on equity (7.72%) 15.12% 0.00%
Return on assets (6.31%) 13.89% 0.00%
Return on invested capital (9.27%) 0.32% 0.00%

Growth

Metric AZTA BLFS Medical Instruments & Supplies median
Revenue growth (TTM) 4.80% 30.12% 9.20%
EPS growth (last fiscal year) 57.93% 77.27% —
Revenue growth, 5-year CAGR 8.85% 14.88% 9.48%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AZTA BLFS Medical Instruments & Supplies median
Debt to equity 0.00 0.00 0.08
Current ratio 2.50 9.69 2.49
Net debt to EBITDA (10.47) 7.04 0.83

Dividend

Metric AZTA BLFS Medical Instruments & Supplies median
Dividend yield 0.55% — 0.99%
Payout ratio 0.00 0.00 0.00

Size

Metric AZTA BLFS Medical Instruments & Supplies median
Market cap 1.50b 1.91b 938.39m

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