Harvard Bioscience, Inc. (HBIO) vs Nephros Inc. (NEPH)

Harvard Bioscience, Inc. and Nephros Inc. are both Medical Instruments & Supplies companies. Nephros Inc. is the larger, with a market value of $45.0M against $36.5M — 1.2× the size. Harvard Bioscience, Inc. has negative trailing earnings, so its P/E is not meaningful; Nephros Inc. trades at 27.2×. Nephros Inc. grew revenue faster over the last twelve months: 24.2% against −1.06%. Nephros Inc. has the higher net margin (8.38% vs −11.9%) and the higher return on invested capital (14.1% vs −0.41%). Across the 19 metrics below, Nephros Inc. leads on 15 and Harvard Bioscience, Inc. on 4.

Valuation

Metric HBIO NEPH Medical Instruments & Supplies median
P/E n/m 27.15 34.17
P/S 0.41 2.22 2.83
P/B 4.86 3.84 2.82
Price to free cash flow n/m n/m 25.69
EV/EBITDA 14.15 23.83 16.08
EV/Sales 1.14 2.03 3.06
Earnings yield (29.02%) 3.68% (1.84%)
Free cash flow yield (5.09%) (1.71%) 0.17%

Profitability

Metric HBIO NEPH Medical Instruments & Supplies median
Gross margin 58.16% 61.26% 54.62%
Operating margin (0.28%) 7.92% 1.64%
Net margin (11.86%) 8.38% 0.00%
Free cash flow margin (2.09%) (3.19%) 1.61%
Return on equity (89.95%) 16.10% 0.00%
Return on assets (13.32%) 12.39% 0.00%
Return on invested capital (0.41%) 14.11% 0.00%

Growth

Metric HBIO NEPH Medical Instruments & Supplies median
Revenue growth (TTM) (1.06%) 24.20% 9.20%
EPS growth (last fiscal year) (357.14%) 1,471.43% —
Revenue growth, 5-year CAGR (3.25%) 17.02% 9.48%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HBIO NEPH Medical Instruments & Supplies median
Debt to equity 4.95 0.00 0.08
Current ratio 1.87 4.07 2.49
Net debt to EBITDA 4.11 (4.20) 0.83

Dividend

Metric HBIO NEPH Medical Instruments & Supplies median
Dividend yield — — 0.99%
Payout ratio 0.00 0.00 0.00

Size

Metric HBIO NEPH Medical Instruments & Supplies median
Market cap 36.51m 44.96m 938.39m

Compare with another peer

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