Cytosorbents Corporation (CTSO) vs IRIDEX Corporation (IRIX)

Cytosorbents Corporation and IRIDEX Corporation are both Medical Devices companies. Cytosorbents Corporation is the larger, with a market value of $13.6M against $11.1M — 1.2× the size. IRIDEX Corporation grew revenue faster over the last twelve months: 3.68% against 3.07%. IRIDEX Corporation has the higher net margin (−6.88% vs −48.9%) and the higher return on invested capital (−63.1% vs −66.9%). Across the 17 metrics below, IRIDEX Corporation leads on 13 and Cytosorbents Corporation on 4.

Valuation

Metric CTSO IRIX Medical Devices median
P/E n/m n/m 22.18
P/S 0.37 0.21 2.70
P/B n/m n/m 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 0.71 0.23 2.38
Earnings yield (132.42%) (31.75%) (8.22%)
Free cash flow yield (68.50%) (18.23%) (7.80%)

Profitability

Metric CTSO IRIX Medical Devices median
Gross margin 71.61% 35.92% 56.01%
Operating margin (34.74%) (5.39%) (15.03%)
Net margin (48.94%) (6.88%) (20.40%)
Free cash flow margin (25.32%) (3.88%) (7.24%)
Return on equity (336.17%) 308.17% (15.32%)
Return on assets (42.38%) (12.06%) (19.72%)
Return on invested capital (66.90%) (63.07%) (10.33%)

Growth

Metric CTSO IRIX Medical Devices median
Revenue growth (TTM) 3.07% 3.68% 8.80%
EPS growth (last fiscal year) 65.79% 51.85% —
Revenue growth, 5-year CAGR (2.00%) 7.70% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CTSO IRIX Medical Devices median
Debt to equity (22.96) 1.04 0.07
Current ratio 0.66 1.82 2.50
Net debt to EBITDA (0.85) 2.68 0.49

Dividend

Metric CTSO IRIX Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric CTSO IRIX Medical Devices median
Market cap 13.55m 11.07m 172.91m

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