Baxter International Inc. (BAX) vs The Cooper Companies, Inc. (COO)

Baxter International Inc. and The Cooper Companies, Inc. are both Medical Instruments & Supplies companies. Baxter International Inc. is the larger, with a market value of $13.3B against $10.9B — 1.2× the size. Baxter International Inc. has negative trailing earnings, so its P/E is not meaningful; The Cooper Companies, Inc. trades at 19.8×. Baxter International Inc. grew revenue faster over the last twelve months: 5.36% against 4.73%. The Cooper Companies, Inc. has the higher net margin (13.5% vs −9.27%) and the higher return on invested capital (3.17% vs −1.27%). Across the 21 metrics below, The Cooper Companies, Inc. leads on 14 and Baxter International Inc. on 7.

Valuation

Metric BAX COO Medical Instruments & Supplies median
P/E n/m 19.77 33.75
P/S 1.14 2.64 2.52
P/B 2.12 1.34 2.48
Price to free cash flow 16.07 16.49 25.19
EV/EBITDA 14.03 14.62 14.62
EV/Sales 1.78 3.20 2.88
Earnings yield (8.17%) 5.06% (2.67%)
Free cash flow yield 6.22% 6.06% 0.09%

Profitability

Metric BAX COO Medical Instruments & Supplies median
Gross margin 30.08% 65.93% 54.29%
Operating margin (2.39%) 12.84% 1.07%
Net margin (9.27%) 13.46% (1.61%)
Free cash flow margin 7.11% 16.00% 1.08%
Return on equity (15.78%) 6.84% (1.32%)
Return on assets (5.21%) 4.55% 0.00%
Return on invested capital (1.27%) 3.17% 0.00%

Growth

Metric BAX COO Medical Instruments & Supplies median
Revenue growth (TTM) 5.36% 4.73% 8.85%
EPS growth (last fiscal year) (47.24%) (4.59%) 8.65%
Revenue growth, 5-year CAGR (0.75%) 10.98% 9.17%
Net income growth, 5-year CAGR 0.00% 9.48% 0.00%

Health

Metric BAX COO Medical Instruments & Supplies median
Debt to equity 1.53 0.31 0.10
Current ratio 1.95 1.22 2.48
Net debt to EBITDA 5.19 2.26 0.89

Dividend

Metric BAX COO Medical Instruments & Supplies median
Dividend yield 0.16% — 1.11%
Payout ratio — — 0.27

Size

Metric BAX COO Medical Instruments & Supplies median
Market cap 13.32b 10.91b 619.84m

Compare with another peer

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