Harvard Bioscience, Inc. (HBIO) vs Precision Optics Corp. (POCI)

Harvard Bioscience, Inc. and Precision Optics Corp. are both Medical Instruments & Supplies companies. Precision Optics Corp. is the larger, with a market value of $52.3M against $36.5M — 1.4× the size. Precision Optics Corp. grew revenue faster over the last twelve months: 64.2% against −1.06%. Harvard Bioscience, Inc. has the higher net margin (−11.9% vs −17.0%) and the higher return on invested capital (−0.41% vs −27.4%). Across the 18 metrics below, Precision Optics Corp. leads on 10 and Harvard Bioscience, Inc. on 8.

Valuation

Metric HBIO POCI Medical Instruments & Supplies median
P/E n/m n/m 34.17
P/S 0.41 1.25 2.83
P/B 4.86 1.79 2.82
Price to free cash flow n/m n/m 25.69
EV/EBITDA 14.15 n/m 16.08
EV/Sales 1.14 0.93 3.06
Earnings yield (29.02%) (13.69%) (1.84%)
Free cash flow yield (5.09%) (5.27%) 0.17%

Profitability

Metric HBIO POCI Medical Instruments & Supplies median
Gross margin 58.16% 13.85% 54.62%
Operating margin (0.28%) (16.44%) 1.64%
Net margin (11.86%) (17.03%) 0.00%
Free cash flow margin (2.09%) (6.57%) 1.61%
Return on equity (89.95%) (29.62%) 0.00%
Return on assets (13.32%) (18.49%) 0.00%
Return on invested capital (0.41%) (27.38%) 0.00%

Growth

Metric HBIO POCI Medical Instruments & Supplies median
Revenue growth (TTM) (1.06%) 64.18% 9.20%
EPS growth (last fiscal year) (357.14%) (73.47%) —
Revenue growth, 5-year CAGR (3.25%) 13.98% 9.48%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HBIO POCI Medical Instruments & Supplies median
Debt to equity 4.95 0.07 0.08
Current ratio 1.87 2.10 2.49
Net debt to EBITDA 4.11 (0.02) 0.83

Dividend

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

Size

Metric HBIO POCI Medical Instruments & Supplies median
Market cap 36.51m 52.26m 938.39m

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