Integra LifeSciences Holdings Corporation (IART) vs iRadimed Corporation (IRMD)

Integra LifeSciences Holdings Corporation and iRadimed Corporation are both Medical Devices companies. Integra LifeSciences Holdings Corporation is the larger, with a market value of $1.2B against $1.1B — 1.1× the size. Integra LifeSciences Holdings Corporation has negative trailing earnings, so its P/E is not meaningful; iRadimed Corporation trades at 47.1×. iRadimed Corporation grew revenue faster over the last twelve months: 11.2% against 1.60%. iRadimed Corporation has the higher net margin (26.7% vs −0.44%) and the higher return on invested capital (40.4% vs 1.58%). Across the 21 metrics below, iRadimed Corporation leads on 16 and Integra LifeSciences Holdings Corporation on 5.

Valuation

Metric IART IRMD Medical Devices median
P/E n/m 47.12 22.18
P/S 0.76 12.70 2.70
P/B 1.19 10.78 2.46
Price to free cash flow 48.29 46.51 22.53
EV/EBITDA 12.93 35.54 11.78
EV/Sales 1.75 12.01 2.38
Earnings yield (0.56%) 2.12% (8.22%)
Free cash flow yield 2.07% 2.15% (7.80%)

Profitability

Metric IART IRMD Medical Devices median
Gross margin 52.47% 75.86% 56.01%
Operating margin 3.98% 31.92% (15.03%)
Net margin (0.44%) 26.70% (20.40%)
Free cash flow margin 1.57% 28.43% (7.24%)
Return on equity (0.70%) 23.52% (15.32%)
Return on assets (0.20%) 20.82% (19.72%)
Return on invested capital 1.58% 40.36% (10.33%)

Growth

Metric IART IRMD Medical Devices median
Revenue growth (TTM) 1.60% 11.21% 8.80%
EPS growth (last fiscal year) (7,388.89%) 16.67% —
Revenue growth, 5-year CAGR 3.57% 21.45% 15.23%
Net income growth, 5-year CAGR 0.00% 75.02% 0.00%

Health

Metric IART IRMD Medical Devices median
Debt to equity 1.75 0.00 0.07
Current ratio 3.60 9.46 2.50
Net debt to EBITDA (4.62) (1.87) 0.49

Dividend

Metric IART IRMD Medical Devices median
Dividend yield — 0.32% 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric IART IRMD Medical Devices median
Market cap 1.24b 1.09b 172.91m

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