Globus Medical, Inc. (GMED) vs STERIS plc (STE)

Globus Medical, Inc. and STERIS plc are both Medical Devices companies. STERIS plc is the larger, with a market value of $21.9B against $10.6B — 2.1× the size. Globus Medical, Inc. trades at the lower P/E: 19.3× against 27.1×. Globus Medical, Inc. grew revenue faster over the last twelve months: 19.7% against 8.37%. Globus Medical, Inc. has the higher net margin (17.0% vs 13.3%) and the higher return on invested capital (9.58% vs 8.27%). Across the 22 metrics below, Globus Medical, Inc. leads on 22 and STERIS plc on 0.

Valuation

Metric GMED STE Medical Devices median
P/E 19.32 27.12 23.22
P/S 3.29 3.60 2.34
P/B 2.17 3.01 2.33
Price to free cash flow 14.08 23.22 23.72
EV/EBITDA 11.39 14.18 11.54
EV/Sales 3.38 3.83 2.24
Earnings yield 5.18% 3.69% (10.09%)
Free cash flow yield 7.10% 4.31% (8.47%)

Profitability

Metric GMED STE Medical Devices median
Gross margin 68.55% 44.43% 56.01%
Operating margin 20.34% 18.91% (15.03%)
Net margin 17.03% 13.33% (20.40%)
Free cash flow margin 24.03% 15.50% (7.24%)
Return on equity 11.81% 11.35% (15.32%)
Return on assets 10.25% 7.62% (19.72%)
Return on invested capital 9.58% 8.27% (10.33%)

Growth

Metric GMED STE Medical Devices median
Revenue growth (TTM) 19.74% 8.37% 8.80%
EPS growth (last fiscal year) 422.67% 27.90% 29.03%
Revenue growth, 5-year CAGR 30.08% 13.82% 15.47%
Net income growth, 5-year CAGR 39.37% 14.51% 0.00%

Health

Metric GMED STE Medical Devices median
Debt to equity 0.00 0.26 0.07
Current ratio 4.62 1.91 2.50
Net debt to EBITDA (0.71) 0.94 0.49

Dividend

Metric GMED STE Medical Devices median
Dividend yield — 1.16% 1.16%
Payout ratio — 0.32 0.36

Size

Metric GMED STE Medical Devices median
Market cap 10.59b 21.87b 167.06m

Compare with another peer

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