Butterfly Network, Inc. (BFLY) vs Enovis Corporation (ENOV)

Butterfly Network, Inc. and Enovis Corporation are both Medical Devices companies. Butterfly Network, Inc. and Enovis Corporation are of similar size ($1.7B and $1.6B). Butterfly Network, Inc. grew revenue faster over the last twelve months: 39.4% against 3.28%. Enovis Corporation has the higher net margin (−22.9% vs −43.6%) and the higher return on invested capital (−10.8% vs −58.2%). Across the 18 metrics below, Butterfly Network, Inc. leads on 9 and Enovis Corporation on 9.

Valuation

Metric BFLY ENOV Medical Devices median
P/E n/m n/m 25.58
P/S 13.10 0.72 2.54
P/B 8.76 1.11 2.48
Price to free cash flow n/m 23.80 28.81
EV/EBITDA n/m 9.39 11.51
EV/Sales 12.55 1.26 2.72
Earnings yield (3.47%) (32.54%) (12.82%)
Free cash flow yield (1.71%) 4.20% (8.18%)

Profitability

Metric BFLY ENOV Medical Devices median
Gross margin 70.26% 61.31% 57.76%
Operating margin (46.92%) (20.59%) (15.07%)
Net margin (43.56%) (22.87%) (14.45%)
Free cash flow margin (22.35%) 3.02% (3.88%)
Return on equity (27.65%) (29.97%) (10.35%)
Return on assets (18.58%) (12.91%) (17.26%)
Return on invested capital (58.16%) (10.83%) (5.27%)

Growth

Metric BFLY ENOV Medical Devices median
Revenue growth (TTM) 39.35% 3.28% 10.41%
EPS growth (last fiscal year) 8.82% (38.98%) 28.17%
Revenue growth, 5-year CAGR 16.11% 14.94% 15.74%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BFLY ENOV Medical Devices median
Debt to equity 0.00 0.84 0.04
Current ratio 3.58 2.15 2.74
Net debt to EBITDA 1.92 5.73 0.54

Dividend

Metric BFLY ENOV Medical Devices median
Dividend yield — — 1.02%
Payout ratio — — 0.37

Size

Metric BFLY ENOV Medical Devices median
Market cap 1.62b 1.65b 239.53m

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