Butterfly Network, Inc. (BFLY) vs Neogen Corporation (NEOG)

Butterfly Network, Inc. and Neogen Corporation are both Medical Devices companies. Neogen Corporation is the larger, with a market value of $2.7B against $2.1B — 1.3× the size. Butterfly Network, Inc. grew revenue faster over the last twelve months: 28.1% against −0.33%. Neogen Corporation has the higher net margin (−6.35% vs −66.7%) and the higher return on invested capital (−0.17% vs −76.6%). Across the 18 metrics below, Neogen Corporation leads on 12 and Butterfly Network, Inc. on 6.

Valuation

Metric BFLY NEOG Medical Devices median
P/E n/m n/m 23.22
P/S 16.94 2.91 2.34
P/B 10.03 1.23 2.33
Price to free cash flow n/m 51.67 23.72
EV/EBITDA n/m 27.12 11.54
EV/Sales 16.31 3.62 2.24
Earnings yield (4.00%) (2.16%) (10.09%)
Free cash flow yield (1.48%) 1.94% (8.47%)

Profitability

Metric BFLY NEOG Medical Devices median
Gross margin 52.64% 47.40% 56.01%
Operating margin (70.79%) (0.83%) (15.03%)
Net margin (66.74%) (6.35%) (20.40%)
Free cash flow margin (25.01%) 5.64% (7.24%)
Return on equity (35.46%) (2.67%) (15.32%)
Return on assets (25.11%) (1.68%) (19.72%)
Return on invested capital (76.64%) (0.17%) (10.33%)

Growth

Metric BFLY NEOG Medical Devices median
Revenue growth (TTM) 28.13% (0.33%) 8.80%
EPS growth (last fiscal year) 8.82% 99.20% 29.03%
Revenue growth, 5-year CAGR 16.11% 13.19% 15.47%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BFLY NEOG Medical Devices median
Debt to equity 0.00 0.37 0.07
Current ratio 4.06 3.90 2.50
Net debt to EBITDA 1.92 5.95 0.49

Dividend

Metric BFLY NEOG Medical Devices median
Dividend yield — — 1.16%
Payout ratio — — 0.36

Size

Metric BFLY NEOG Medical Devices median
Market cap 2.13b 2.68b 167.06m

Compare with another peer

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