Azenta, Inc. (AZTA) vs LeMaitre Vascular, Inc. (LMAT)

Azenta, Inc. and LeMaitre Vascular, Inc. are both Medical Instruments & Supplies companies. LeMaitre Vascular, Inc. is the larger, with a market value of $1.9B against $1.6B — 1.2× the size. Azenta, Inc. has negative trailing earnings, so its P/E is not meaningful; LeMaitre Vascular, Inc. trades at 29.7×. LeMaitre Vascular, Inc. grew revenue faster over the last twelve months: 11.8% against 4.80%. LeMaitre Vascular, Inc. has the higher net margin (23.5% vs −20.0%) and the higher return on invested capital (22.1% vs −9.27%). Across the 21 metrics below, LeMaitre Vascular, Inc. leads on 15 and Azenta, Inc. on 6.

Valuation

Metric AZTA LMAT Medical Instruments & Supplies median
P/E n/m 29.70 30.28
P/S 2.76 7.04 2.49
P/B 1.12 4.39 2.34
Price to free cash flow 171.73 28.30 23.49
EV/EBITDA 50.50 18.92 14.87
EV/Sales 2.31 6.23 2.75
Earnings yield (7.13%) 3.37% 0.00%
Free cash flow yield 0.58% 3.53% 0.59%

Profitability

Metric AZTA LMAT Medical Instruments & Supplies median
Gross margin 44.05% 72.04% 53.60%
Operating margin (28.56%) 27.73% 1.97%
Net margin (20.02%) 23.51% 0.00%
Free cash flow margin 1.61% 24.87% 2.36%
Return on equity (7.72%) 15.62% 0.00%
Return on assets (6.31%) 10.10% 0.00%
Return on invested capital (9.27%) 22.05% 0.13%

Growth

Metric AZTA LMAT Medical Instruments & Supplies median
Revenue growth (TTM) 4.80% 11.83% 8.97%
EPS growth (last fiscal year) 60.52% 30.57% 6.51%
Revenue growth, 5-year CAGR 8.85% 14.05% 8.85%
Net income growth, 5-year CAGR 0.00% 22.16% 0.00%

Health

Metric AZTA LMAT Medical Instruments & Supplies median
Debt to equity 0.00 0.39 0.10
Current ratio 2.50 14.60 2.47
Net debt to EBITDA (10.47) (2.40) 0.97

Dividend

Metric AZTA LMAT Medical Instruments & Supplies median
Dividend yield — 1.15% 1.02%
Payout ratio — 0.35 0.27

Size

Metric AZTA LMAT Medical Instruments & Supplies median
Market cap 1.64b 1.91b 1.71b

Compare with another peer

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