Azenta, Inc. (AZTA) vs STAAR Surgical Company (STAA)

Azenta, Inc. and STAAR Surgical Company are both Medical Instruments & Supplies companies. Azenta, Inc. is the larger, with a market value of $1.5B against $991.9M — 1.5× the size. Azenta, Inc. has negative trailing earnings, so its P/E is not meaningful; STAAR Surgical Company trades at 293×. STAAR Surgical Company grew revenue faster over the last twelve months: 51.3% against 4.80%. STAAR Surgical Company has the higher net margin (1.13% vs −20.0%) and the higher return on invested capital (4.67% vs −9.27%). Across the 18 metrics below, STAAR Surgical Company leads on 10 and Azenta, Inc. on 8.

Valuation

Metric AZTA STAA Medical Instruments & Supplies median
P/E n/m 293.00 34.17
P/S 2.51 3.04 2.83
P/B 1.02 2.82 2.82
Price to free cash flow 155.92 n/m 25.69
EV/EBITDA 45.72 38.03 16.08
EV/Sales 2.09 2.60 3.06
Earnings yield (8.08%) 0.34% (1.84%)
Free cash flow yield 0.64% (0.66%) 0.17%

Profitability

Metric AZTA STAA Medical Instruments & Supplies median
Gross margin 44.05% 76.62% 54.62%
Operating margin (28.56%) 4.04% 1.64%
Net margin (20.02%) 1.13% 0.00%
Free cash flow margin 1.61% (1.99%) 1.61%
Return on equity (7.72%) 1.09% 0.00%
Return on assets (6.31%) 0.84% 0.00%
Return on invested capital (9.27%) 4.67% 0.00%

Growth

Metric AZTA STAA Medical Instruments & Supplies median
Revenue growth (TTM) 4.80% 51.30% 9.20%
EPS growth (last fiscal year) 57.93% (295.12%) —
Revenue growth, 5-year CAGR 8.85% 7.93% 9.48%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AZTA STAA Medical Instruments & Supplies median
Debt to equity 0.00 0.00 0.08
Current ratio 2.50 4.66 2.49
Net debt to EBITDA (10.47) 2.25 0.83

Dividend

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

Size

Metric AZTA STAA Medical Instruments & Supplies median
Market cap 1.50b 991.85m 938.39m

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