Bio-Rad Laboratories, Inc. (BIO.B) vs Insulet Corporation (PODD)

Bio-Rad Laboratories, Inc. and Insulet Corporation are both Medical Devices companies. Bio-Rad Laboratories, Inc. and Insulet Corporation are of similar size ($10.3B and $9.6B). Insulet Corporation trades at the lower P/E: 25.4× against 43.8×. Insulet Corporation grew revenue faster over the last twelve months: 29.4% against 1.37%. Insulet Corporation has the higher net margin (12.3% vs 8.59%) and the higher return on invested capital (17.6% vs 0.49%). Across the 22 metrics below, Insulet Corporation leads on 14 and Bio-Rad Laboratories, Inc. on 8.

Valuation

Metric BIO.B PODD Medical Devices median
P/E 43.83 25.44 22.18
P/S 3.77 3.09 2.70
P/B 1.36 6.63 2.46
Price to free cash flow 27.50 35.52 22.53
EV/EBITDA 176.08 16.01 11.78
EV/Sales 3.61 3.22 2.38
Earnings yield 2.28% 3.93% (8.22%)
Free cash flow yield 3.64% 2.82% (7.80%)

Profitability

Metric BIO.B PODD Medical Devices median
Gross margin 51.90% 71.07% 56.01%
Operating margin 2.05% 16.89% (15.03%)
Net margin 8.59% 12.29% (20.40%)
Free cash flow margin 13.64% 8.70% (7.24%)
Return on equity 3.11% 26.02% (15.32%)
Return on assets 2.17% 11.31% (19.72%)
Return on invested capital 0.49% 17.56% (10.33%)

Growth

Metric BIO.B PODD Medical Devices median
Revenue growth (TTM) 1.37% 29.41% 8.80%
EPS growth (last fiscal year) 142.61% (39.79%) —
Revenue growth, 5-year CAGR 0.29% 24.53% 15.23%
Net income growth, 5-year CAGR (27.58%) 105.15% 0.00%

Health

Metric BIO.B PODD Medical Devices median
Debt to equity 0.17 0.67 0.07
Current ratio 3.14 2.48 2.50
Net debt to EBITDA (7.15) 0.41 0.49

Dividend

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

Size

Metric BIO.B PODD Medical Devices median
Market cap 10.33b 9.56b 172.91m

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