Inogen, Inc (INGN) vs Owlet, Inc. (OWLT)

Inogen, Inc and Owlet, Inc. are both Medical Devices companies. Inogen, Inc and Owlet, Inc. are of similar size ($148.2M and $138.8M). Owlet, Inc. grew revenue faster over the last twelve months: 28.0% against 3.15%. Inogen, Inc has the higher net margin (−6.94% vs −10.7%) and the lower return on invested capital (−28.4% vs −27.6%). Across the 18 metrics below, Inogen, Inc leads on 10 and Owlet, Inc. on 8.

Valuation

Metric INGN OWLT Medical Devices median
P/E n/m n/m 22.18
P/S 0.41 1.25 2.70
P/B 0.83 6.21 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 0.17 1.10 2.38
Earnings yield (16.79%) (8.33%) (8.22%)
Free cash flow yield (5.42%) (6.86%) (7.80%)

Profitability

Metric INGN OWLT Medical Devices median
Gross margin 44.51% 54.75% 56.01%
Operating margin (8.71%) (6.67%) (15.03%)
Net margin (6.94%) (10.67%) (20.40%)
Free cash flow margin (2.22%) (8.59%) (7.24%)
Return on equity (13.14%) 68.03% (15.32%)
Return on assets (8.23%) (15.60%) (19.72%)
Return on invested capital (28.35%) (27.60%) (10.33%)

Growth

Metric INGN OWLT Medical Devices median
Revenue growth (TTM) 3.15% 27.95% 8.80%
EPS growth (last fiscal year) 43.42% (47.13%) —
Revenue growth, 5-year CAGR 2.48% 6.99% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric INGN OWLT Medical Devices median
Debt to equity 0.00 0.46 0.07
Current ratio 2.74 1.64 2.50
Net debt to EBITDA 12.66 5.12 0.49

Dividend

Metric INGN OWLT Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric INGN OWLT Medical Devices median
Market cap 138.80m 148.15m 172.91m

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