Becton, Dickinson and Company (BDX) vs West Pharmaceutical Services, Inc. (WST)

Becton, Dickinson and Company and West Pharmaceutical Services, Inc. are both Medical Instruments & Supplies companies. Becton, Dickinson and Company is the larger, with a market value of $58.2B against $27.3B — 2.1× the size. West Pharmaceutical Services, Inc. trades at the lower P/E: 43.8× against 64.1×. West Pharmaceutical Services, Inc. grew revenue faster over the last twelve months: 12.6% against −2.55%. West Pharmaceutical Services, Inc. has the higher net margin (18.8% vs 4.52%) and the higher return on invested capital (18.0% vs 3.89%). Both pay a dividend; Becton, Dickinson and Company yields more (1.87% vs 0.22%). Across the 23 metrics below, West Pharmaceutical Services, Inc. leads on 13 and Becton, Dickinson and Company on 10.

Valuation

Metric BDX WST Medical Instruments & Supplies median
P/E 64.14 43.81 30.28
P/S 2.81 8.14 2.49
P/B 2.40 9.32 2.34
Price to free cash flow 18.27 61.53 23.49
EV/EBITDA 14.95 28.41 14.87
EV/Sales 3.41 8.07 2.75
Earnings yield 1.56% 2.28% 0.00%
Free cash flow yield 5.47% 1.63% 0.59%

Profitability

Metric BDX WST Medical Instruments & Supplies median
Gross margin 50.26% 37.59% 53.60%
Operating margin 11.07% 22.97% 1.97%
Net margin 4.52% 18.81% 0.00%
Free cash flow margin 15.37% 13.35% 2.36%
Return on equity 3.77% 21.23% 0.00%
Return on assets 1.78% 15.65% 0.00%
Return on invested capital 3.89% 18.01% 0.13%

Growth

Metric BDX WST Medical Instruments & Supplies median
Revenue growth (TTM) (2.55%) 12.55% 8.97%
EPS growth (last fiscal year) (1.85%) 1.49% 6.51%
Revenue growth, 5-year CAGR 6.32% 7.44% 8.85%
Net income growth, 5-year CAGR 16.95% 7.36% 0.00%

Health

Metric BDX WST Medical Instruments & Supplies median
Debt to equity 0.55 0.07 0.10
Current ratio 0.87 2.82 2.47
Net debt to EBITDA 3.33 (0.78) 0.97

Dividend

Metric BDX WST Medical Instruments & Supplies median
Dividend yield 1.87% 0.22% 1.02%
Payout ratio 1.20 0.10 0.27

Size

Metric BDX WST Medical Instruments & Supplies median
Market cap 58.17b 27.34b 1.71b

Compare with another peer

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