Enovis Corporation (ENOV) vs TransMedics Group, Inc. (TMDX)

Enovis Corporation and TransMedics Group, Inc. are both Medical Devices companies. TransMedics Group, Inc. is the larger, with a market value of $2.4B against $1.7B — 1.4× the size. Enovis Corporation has negative trailing earnings, so its P/E is not meaningful; TransMedics Group, Inc. trades at 21.0×. TransMedics Group, Inc. grew revenue faster over the last twelve months: 28.5% against 3.28%. TransMedics Group, Inc. has the higher net margin (19.9% vs −22.9%) and the higher return on invested capital (48.0% vs −10.8%). Across the 20 metrics below, TransMedics Group, Inc. leads on 13 and Enovis Corporation on 7.

Valuation

Metric ENOV TMDX Medical Devices median
P/E n/m 20.99 24.94
P/S 0.68 4.20 2.66
P/B 1.04 5.55 2.36
Price to free cash flow 22.44 68.42 28.12
EV/EBITDA 9.09 27.29 11.42
EV/Sales 1.22 4.76 2.76
Earnings yield (34.03%) 4.76% (12.66%)
Free cash flow yield 4.46% 1.46% (7.18%)

Profitability

Metric ENOV TMDX Medical Devices median
Gross margin 61.31% 58.60% 57.76%
Operating margin (20.59%) 11.88% (14.84%)
Net margin (22.87%) 19.85% (14.45%)
Free cash flow margin 3.02% 6.14% (5.70%)
Return on equity (29.97%) 31.89% (10.56%)
Return on assets (12.91%) 11.73% (17.26%)
Return on invested capital (10.83%) 48.00% (5.22%)

Growth

Metric ENOV TMDX Medical Devices median
Revenue growth (TTM) 3.28% 28.48% 10.41%
EPS growth (last fiscal year) (38.98%) 382.18% 28.17%
Revenue growth, 5-year CAGR 14.94% 88.21% 15.74%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ENOV TMDX Medical Devices median
Debt to equity 0.84 0.10 0.04
Current ratio 2.15 4.53 2.67
Net debt to EBITDA 5.73 0.18 0.54

Dividend

Metric ENOV TMDX Medical Devices median
Dividend yield — — 1.02%
Payout ratio — — 0.38

Size

Metric ENOV TMDX Medical Devices median
Market cap 1.65b 2.39b 221.84m

Compare with another peer

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