Bio-Rad Laboratories, Inc. (BIO.B) vs Zimmer Biomet Holdings, Inc. (ZBH)

Bio-Rad Laboratories, Inc. and Zimmer Biomet Holdings, Inc. are both Medical Devices companies. Zimmer Biomet Holdings, Inc. is the larger, with a market value of $17.1B against $10.3B — 1.7× the size. Zimmer Biomet Holdings, Inc. trades at the lower P/E: 22.0× against 43.8×. Zimmer Biomet Holdings, Inc. grew revenue faster over the last twelve months: 8.62% against 1.37%. Zimmer Biomet Holdings, Inc. has the higher net margin (9.48% vs 8.59%) and the higher return on invested capital (3.82% vs 0.49%). Across the 22 metrics below, Zimmer Biomet Holdings, Inc. leads on 16 and Bio-Rad Laboratories, Inc. on 6.

Valuation

Metric BIO.B ZBH Medical Devices median
P/E 43.83 22.04 22.18
P/S 3.77 2.06 2.70
P/B 1.36 1.38 2.46
Price to free cash flow 27.50 16.88 22.53
EV/EBITDA 176.08 10.62 11.78
EV/Sales 3.61 2.89 2.38
Earnings yield 2.28% 4.54% (8.22%)
Free cash flow yield 3.64% 5.92% (7.80%)

Profitability

Metric BIO.B ZBH Medical Devices median
Gross margin 51.90% 69.87% 56.01%
Operating margin 2.05% 14.16% (15.03%)
Net margin 8.59% 9.48% (20.40%)
Free cash flow margin 13.64% 12.18% (7.24%)
Return on equity 3.11% 6.41% (15.32%)
Return on assets 2.17% 3.53% (19.72%)
Return on invested capital 0.49% 3.82% (10.33%)

Growth

Metric BIO.B ZBH Medical Devices median
Revenue growth (TTM) 1.37% 8.62% 8.80%
EPS growth (last fiscal year) 142.61% (19.86%) —
Revenue growth, 5-year CAGR 0.29% 6.08% 15.23%
Net income growth, 5-year CAGR (27.58%) 0.00% 0.00%

Health

Metric BIO.B ZBH Medical Devices median
Debt to equity 0.17 0.59 0.07
Current ratio 3.14 1.69 2.50
Net debt to EBITDA (7.15) 3.16 0.49

Dividend

Metric BIO.B ZBH Medical Devices median
Dividend yield — 0.69% 0.94%
Payout ratio 0.00 0.40 0.00

Size

Metric BIO.B ZBH Medical Devices median
Market cap 10.33b 17.11b 172.91m

Compare with another peer

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