GE HealthCare Technologies Inc. (GEHC) vs Penumbra, Inc. (PEN)

GE HealthCare Technologies Inc. and Penumbra, Inc. are both Medical Devices companies. GE HealthCare Technologies Inc. is the larger, with a market value of $29.9B against $12.6B — 2.4× the size. GE HealthCare Technologies Inc. trades at the lower P/E: 15.3× against 78.0×. Penumbra, Inc. grew revenue faster over the last twelve months: 17.6% against 6.51%. Penumbra, Inc. has the higher net margin (10.7% vs 9.33%) and the higher return on invested capital (13.1% vs 8.37%). Across the 22 metrics below, Penumbra, Inc. leads on 12 and GE HealthCare Technologies Inc. on 10.

Valuation

Metric GEHC PEN Medical Devices median
P/E 15.28 77.97 22.18
P/S 1.42 8.34 2.70
P/B 2.75 8.20 2.46
Price to free cash flow 19.12 58.13 22.53
EV/EBITDA 11.85 58.25 11.78
EV/Sales 1.86 7.91 2.38
Earnings yield 6.54% 1.28% (8.22%)
Free cash flow yield 5.23% 1.72% (7.80%)

Profitability

Metric GEHC PEN Medical Devices median
Gross margin 39.54% 67.84% 56.01%
Operating margin 12.86% 12.45% (15.03%)
Net margin 9.33% 10.67% (20.40%)
Free cash flow margin 7.42% 14.35% (7.24%)
Return on equity 19.15% 11.37% (15.32%)
Return on assets 5.45% 8.80% (19.72%)
Return on invested capital 8.37% 13.13% (10.33%)

Growth

Metric GEHC PEN Medical Devices median
Revenue growth (TTM) 6.51% 17.55% 8.80%
EPS growth (last fiscal year) 4.84% 1,155.56% —
Revenue growth, 5-year CAGR 3.74% 20.16% 15.23%
Net income growth, 5-year CAGR (31.53%) 0.00% 0.00%

Health

Metric GEHC PEN Medical Devices median
Debt to equity 1.05 0.01 0.07
Current ratio 1.26 5.75 2.50
Net debt to EBITDA 2.14 (2.54) 0.49

Dividend

Metric GEHC PEN Medical Devices median
Dividend yield 0.13% — 0.94%
Payout ratio — 0.00 0.00

Size

Metric GEHC PEN Medical Devices median
Market cap 29.86b 12.59b 172.91m

Compare with another peer

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