ICU Medical, Inc. (ICUI) vs Envista Holdings Corporation (NVST)

ICU Medical, Inc. and Envista Holdings Corporation are both Medical Instruments & Supplies companies. ICU Medical, Inc. and Envista Holdings Corporation are of similar size ($4.2B and $3.9B). Envista Holdings Corporation trades at the lower P/E: 40.6× against 137×. Envista Holdings Corporation grew revenue faster over the last twelve months: 11.9% against −8.97%. Envista Holdings Corporation has the higher net margin (3.33% vs 1.39%) and the higher return on invested capital (5.05% vs 1.46%). Across the 22 metrics below, Envista Holdings Corporation leads on 20 and ICU Medical, Inc. on 2.

Valuation

Metric ICUI NVST Medical Instruments & Supplies median
P/E 137.46 40.59 34.17
P/S 1.91 1.36 2.83
P/B 1.92 1.26 2.82
Price to free cash flow 26.97 15.57 25.69
EV/EBITDA 18.22 10.04 16.08
EV/Sales 2.34 1.51 3.06
Earnings yield 0.73% 2.46% (1.84%)
Free cash flow yield 3.71% 6.42% 0.17%

Profitability

Metric ICUI NVST Medical Instruments & Supplies median
Gross margin 39.13% 55.24% 54.62%
Operating margin 3.34% 9.58% 1.64%
Net margin 1.39% 3.33% 0.00%
Free cash flow margin 7.08% 8.72% 1.61%
Return on equity 1.41% 3.06% 0.00%
Return on assets 0.74% 1.69% 0.00%
Return on invested capital 1.46% 5.05% 0.00%

Growth

Metric ICUI NVST Medical Instruments & Supplies median
Revenue growth (TTM) (8.97%) 11.89% 9.20%
EPS growth (last fiscal year) 100.62% 104.31% —
Revenue growth, 5-year CAGR 11.91% 7.11% 9.48%
Net income growth, 5-year CAGR (61.53%) 7.13% 0.00%

Health

Metric ICUI NVST Medical Instruments & Supplies median
Debt to equity 0.57 0.47 0.08
Current ratio 2.43 2.43 2.49
Net debt to EBITDA 3.91 0.64 0.83

Dividend

Metric ICUI NVST Medical Instruments & Supplies median
Dividend yield — — 0.99%
Payout ratio 0.00 0.00 0.00

Size

Metric ICUI NVST Medical Instruments & Supplies median
Market cap 4.15b 3.87b 938.39m

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