ICU Medical, Inc. (ICUI) vs Stevanato Group S.p.A. (STVN)

ICU Medical, Inc. and Stevanato Group S.p.A. are both Medical Instruments & Supplies companies. Stevanato Group S.p.A. is the larger, with a market value of $5.8B against $4.2B — 1.4× the size. Stevanato Group S.p.A. trades at the lower P/E: 37.7× against 137×. Stevanato Group S.p.A. grew revenue faster over the last twelve months: 14.3% against −8.97%. Stevanato Group S.p.A. has the higher net margin (11.0% vs 1.39%) and the higher return on invested capital (6.56% vs 1.46%). Across the 21 metrics below, Stevanato Group S.p.A. leads on 13 and ICU Medical, Inc. on 8.

Valuation

Metric ICUI STVN Medical Instruments & Supplies median
P/E 137.46 37.73 34.17
P/S 1.91 4.05 2.83
P/B 1.92 3.20 2.82
Price to free cash flow 26.97 n/m 25.69
EV/EBITDA 18.22 18.11 16.08
EV/Sales 2.34 4.34 3.06
Earnings yield 0.73% 2.65% (1.84%)
Free cash flow yield 3.71% (0.60%) 0.17%

Profitability

Metric ICUI STVN Medical Instruments & Supplies median
Gross margin 39.13% 29.13% 54.62%
Operating margin 3.34% 16.29% 1.64%
Net margin 1.39% 10.95% 0.00%
Free cash flow margin 7.08% (2.43%) 1.61%
Return on equity 1.41% 9.21% 0.00%
Return on assets 0.74% 5.46% 0.00%
Return on invested capital 1.46% 6.56% 0.00%

Growth

Metric ICUI STVN Medical Instruments & Supplies median
Revenue growth (TTM) (8.97%) 14.28% 9.20%
EPS growth (last fiscal year) 100.62% 23.40% —
Revenue growth, 5-year CAGR 11.91% 12.16% 9.48%
Net income growth, 5-year CAGR (61.53%) 12.02% 0.00%

Health

Metric ICUI STVN Medical Instruments & Supplies median
Debt to equity 0.57 0.29 0.08
Current ratio 2.43 1.61 2.49
Net debt to EBITDA 3.91 1.15 0.83

Dividend

Metric ICUI STVN Medical Instruments & Supplies median
Dividend yield — 0.07% 0.99%
Payout ratio 0.00 0.10 0.00

Size

Metric ICUI STVN Medical Instruments & Supplies median
Market cap 4.15b 5.84b 938.39m

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