InMode Ltd. (INMD) vs Lumexa Imaging Holdings, Inc. (LMRI)

InMode Ltd. and Lumexa Imaging Holdings, Inc. are both Medical Devices companies. Lumexa Imaging Holdings, Inc. is the larger, with a market value of $949.2M against $815.7M — 1.2× the size. Lumexa Imaging Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; InMode Ltd. trades at 11.4×. InMode Ltd. has the higher net margin (20.7% vs −2.78%) and the lower return on invested capital (33.8% vs 48.1%). Across the 17 metrics below, InMode Ltd. leads on 12 and Lumexa Imaging Holdings, Inc. on 5.

Valuation

Metric INMD LMRI Medical Devices median
P/E 11.41 n/m 22.18
P/S 2.24 0.55 2.70
P/B 1.23 1.59 2.46
Price to free cash flow 10.18 65.63 22.53
EV/EBITDA 4.85 1.57 11.78
EV/Sales 0.90 1.00 2.38
Earnings yield 8.77% (6.99%) (8.22%)
Free cash flow yield 9.83% 1.52% (7.80%)

Profitability

Metric INMD LMRI Medical Devices median
Gross margin 76.52% 63.41% 56.01%
Operating margin 18.47% 61.03% (15.03%)
Net margin 20.69% (2.78%) (20.40%)
Free cash flow margin 22.03% 0.83% (7.24%)
Return on equity 0.00% 0.00% (15.32%)
Return on assets 10.85% (5.51%) (19.72%)
Return on invested capital 33.78% 48.10% (10.33%)

Growth

Metric INMD LMRI Medical Devices median
Revenue growth (TTM) (6.71%) — 8.80%
EPS growth (last fiscal year) (36.44%) 51.01% —
Revenue growth, 5-year CAGR 12.44% — 15.23%
Net income growth, 5-year CAGR 4.57% — 0.00%

Health

Metric INMD LMRI Medical Devices median
Debt to equity 0.00 1.42 0.07
Current ratio 8.18 1.44 2.50
Net debt to EBITDA (6.45) 5.06 0.49

Dividend

Metric INMD LMRI Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 — 0.00

Size

Metric INMD LMRI Medical Devices median
Market cap 815.65m 949.22m 172.91m

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