Biolase, Inc. (BIOLQ) vs Bluejay Diagnostics, Inc. (BJDX)

Biolase, Inc. and Bluejay Diagnostics, Inc. are both Medical Devices companies. Bluejay Diagnostics, Inc. is the larger, with a market value of $3.5M against $2.3M — 1.5× the size. Biolase, Inc. has negative trailing earnings, so its P/E is not meaningful; Bluejay Diagnostics, Inc. trades at 0.9×. Bluejay Diagnostics, Inc. has the higher net margin (0.00% vs −71.8%) and the higher return on invested capital (0.00% vs −109.5%). Across the 13 metrics below, Bluejay Diagnostics, Inc. leads on 8 and Biolase, Inc. on 5.

Valuation

Metric BIOLQ BJDX Medical Devices median
P/E n/m 0.93 23.22
P/S n/m n/m 2.34
P/B n/m 0.16 2.33
Price to free cash flow n/m n/m 23.72
EV/EBITDA n/m 0.46 11.54
EV/Sales 0.28 n/m 2.24
Earnings yield 0.00% 107.76% (10.09%)
Free cash flow yield 0.00% (405.35%) (8.47%)

Profitability

Metric BIOLQ BJDX Medical Devices median
Gross margin 34.44% 0.00% 56.01%
Operating margin (29.37%) 0.00% (15.03%)
Net margin (71.75%) 0.00% (20.40%)
Free cash flow margin (28.55%) 0.00% (7.24%)
Return on equity 1,349.30% (98.89%) (15.32%)
Return on assets (100.09%) (81.07%) (19.72%)
Return on invested capital (109.48%) 0.00% (10.33%)

Growth

Metric BIOLQ BJDX Medical Devices median
Revenue growth (TTM) (7.44%) — 8.80%
EPS growth (last fiscal year) 92.92% 96.66% 29.03%
Revenue growth, 5-year CAGR 1.27% — 15.47%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BIOLQ BJDX Medical Devices median
Debt to equity (3.29) 0.00 0.07
Current ratio 0.63 4.64 2.50
Net debt to EBITDA (0.51) 0.76 0.49

Dividend

Metric BIOLQ BJDX Medical Devices median
Dividend yield — — 1.16%
Payout ratio — — 0.36

Size

Metric BIOLQ BJDX Medical Devices median
Market cap 2.33m 3.48m 167.06m

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