CVRx, Inc. (CVRX) vs Zomedica Corp. (ZOMDF)

CVRx, Inc. and Zomedica Corp. are both Medical Devices companies. Zomedica Corp. is the larger, with a market value of $95.4M against $67.4M — 1.4× the size. Zomedica Corp. grew revenue faster over the last twelve months: 30.1% against 12.0%. Zomedica Corp. has the higher net margin (−51.4% vs −84.9%) and the higher return on invested capital (−20.5% vs −218.1%). Across the 17 metrics below, Zomedica Corp. leads on 12 and CVRx, Inc. on 5.

Valuation

Metric CVRX ZOMDF Medical Devices median
P/E n/m n/m 22.18
P/S 1.17 2.13 2.70
P/B 3.59 0.73 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 1.07 0.95 2.38
Earnings yield (73.33%) (24.00%) (8.22%)
Free cash flow yield (57.35%) (19.17%) (7.80%)

Profitability

Metric CVRX ZOMDF Medical Devices median
Gross margin 86.92% 65.44% 56.01%
Operating margin (79.49%) (56.28%) (15.03%)
Net margin (84.93%) (51.39%) (20.40%)
Free cash flow margin (67.09%) (40.75%) (7.24%)
Return on equity (133.44%) (16.29%) (15.32%)
Return on assets (49.06%) (14.88%) (19.72%)
Return on invested capital (218.09%) (20.54%) (10.33%)

Growth

Metric CVRX ZOMDF Medical Devices median
Revenue growth (TTM) 11.96% 30.05% 8.80%
EPS growth (last fiscal year) 23.02% (60.00%) —
Revenue growth, 5-year CAGR 56.40% — 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVRX ZOMDF Medical Devices median
Debt to equity 2.94 0.00 0.07
Current ratio 8.04 6.43 2.50
Net debt to EBITDA 0.52 0.69 0.49

Dividend

Metric CVRX ZOMDF Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric CVRX ZOMDF Medical Devices median
Market cap 67.40m 95.35m 172.91m

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