Establishment Labs Holdings Inc. (ESTA) vs TransMedics Group, Inc. (TMDX)
Establishment Labs Holdings Inc. and TransMedics Group, Inc. are both Medical Devices companies. TransMedics Group, Inc. is the larger, with a market value of $2.9B against $2.0B — 1.5× the size. Establishment Labs Holdings Inc. has negative trailing earnings, so its P/E is not meaningful; TransMedics Group, Inc. trades at 19.3×. Establishment Labs Holdings Inc. grew revenue faster over the last twelve months: 38.6% against 25.8%. TransMedics Group, Inc. has the higher net margin (22.7% vs −15.8%) and the higher return on invested capital (5.62% vs −5.53%). Across the 18 metrics below, TransMedics Group, Inc. leads on 15 and Establishment Labs Holdings Inc. on 3.
Valuation
Profitability
| Metric | ESTA | TMDX | Medical Devices median |
|---|---|---|---|
| Gross margin | 70.49% | 58.69% | 56.01% |
| Operating margin | (7.63%) | 12.21% | (15.03%) |
| Net margin | (15.82%) | 22.69% | (20.40%) |
| Free cash flow margin | (16.90%) | 11.82% | (7.24%) |
| Return on equity | (175.30%) | 36.28% | (15.32%) |
| Return on assets | (11.41%) | 12.88% | (19.72%) |
| Return on invested capital | (5.53%) | 5.62% | (10.33%) |
Growth
Health
Dividend
Size
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