Bio-Rad Laboratories, Inc. (BIO.B) vs Glaukos Corporation (GKOS)

Bio-Rad Laboratories, Inc. and Glaukos Corporation are both Medical Devices companies. Bio-Rad Laboratories, Inc. is the larger, with a market value of $10.3B against $9.1B — 1.1× the size. Glaukos Corporation has negative trailing earnings, so its P/E is not meaningful; Bio-Rad Laboratories, Inc. trades at 43.8×. Glaukos Corporation grew revenue faster over the last twelve months: 41.6% against 1.37%. Bio-Rad Laboratories, Inc. has the higher net margin (8.59% vs −30.7%) and the higher return on invested capital (0.49% vs −26.1%). Across the 19 metrics below, Bio-Rad Laboratories, Inc. leads on 13 and Glaukos Corporation on 6.

Valuation

Metric BIO.B GKOS Medical Devices median
P/E 43.83 n/m 22.18
P/S 3.77 14.82 2.70
P/B 1.36 13.31 2.46
Price to free cash flow 27.50 n/m 22.53
EV/EBITDA 176.08 n/m 11.78
EV/Sales 3.61 14.46 2.38
Earnings yield 2.28% (2.10%) (8.22%)
Free cash flow yield 3.64% (0.13%) (7.80%)

Profitability

Metric BIO.B GKOS Medical Devices median
Gross margin 51.90% 79.12% 56.01%
Operating margin 2.05% (31.55%) (15.03%)
Net margin 8.59% (30.68%) (20.40%)
Free cash flow margin 13.64% (1.99%) (7.24%)
Return on equity 3.11% (25.98%) (15.32%)
Return on assets 2.17% (19.72%) (19.72%)
Return on invested capital 0.49% (26.07%) (10.33%)

Growth

Metric BIO.B GKOS Medical Devices median
Revenue growth (TTM) 1.37% 41.55% 8.80%
EPS growth (last fiscal year) 142.61% (18.41%) —
Revenue growth, 5-year CAGR 0.29% 17.67% 15.23%
Net income growth, 5-year CAGR (27.58%) 0.00% 0.00%

Health

Metric BIO.B GKOS Medical Devices median
Debt to equity 0.17 0.10 0.07
Current ratio 3.14 5.04 2.50
Net debt to EBITDA (7.15) 1.31 0.49

Dividend

Metric BIO.B GKOS Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric BIO.B GKOS Medical Devices median
Market cap 10.33b 9.14b 172.91m

Compare with another peer

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