CONMED Corporation (CNMD) vs Establishment Labs Holdings Inc. (ESTA)
CONMED Corporation and Establishment Labs Holdings Inc. are both Medical Devices companies. Establishment Labs Holdings Inc. is the larger, with a market value of $2.0B against $1.4B — 1.4× the size. Establishment Labs Holdings Inc. has negative trailing earnings, so its P/E is not meaningful; CONMED Corporation trades at 24.5×. Establishment Labs Holdings Inc. grew revenue faster over the last twelve months: 38.6% against 3.42%. CONMED Corporation has the higher net margin (4.12% vs −15.8%) and the higher return on invested capital (3.75% vs −5.53%). Across the 19 metrics below, CONMED Corporation leads on 13 and Establishment Labs Holdings Inc. on 6.
Valuation
Profitability
| Metric | CNMD | ESTA | Medical Devices median |
|---|---|---|---|
| Gross margin | 55.79% | 70.49% | 56.01% |
| Operating margin | 8.04% | (7.63%) | (15.03%) |
| Net margin | 4.12% | (15.82%) | (20.40%) |
| Free cash flow margin | 9.80% | (16.90%) | (7.24%) |
| Return on equity | 5.53% | (175.30%) | (15.32%) |
| Return on assets | 2.44% | (11.41%) | (19.72%) |
| Return on invested capital | 3.75% | (5.53%) | (10.33%) |
Growth
Health
Dividend
Size
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