Assure Holdings Corp. (IONM) vs Syra Health Corp. (SYRA)

Assure Holdings Corp. and Syra Health Corp. are both Medical Care Facilities companies. Syra Health Corp. is the larger, with a market value of $1.1M against $330.0K — 3.2× the size. Assure Holdings Corp. has negative trailing earnings, so its P/E is not meaningful; Syra Health Corp. trades at 90.0×. Assure Holdings Corp. grew revenue faster over the last twelve months: 101.5% against 0.32%. Syra Health Corp. has the higher net margin (1.62% vs −25,178.3%) and the higher return on invested capital (9.15% vs 0.00%). Across the 15 metrics below, Syra Health Corp. leads on 10 and Assure Holdings Corp. on 5.

Valuation

Metric IONM SYRA Medical Care Facilities median
P/E n/m 90.00 19.16
P/S n/m 1.47 0.90
P/B n/m 4.50 2.91
Price to free cash flow n/m 113.91 12.62
EV/EBITDA n/m 136.62 10.06
EV/Sales 165.34 1.42 1.35
Earnings yield 0.00% 1.11% 2.30%
Free cash flow yield 0.00% 0.88% 4.14%

Profitability

Metric IONM SYRA Medical Care Facilities median
Gross margin (2,040.96%) 39.35% 30.78%
Operating margin (21,748.19%) 0.92% 5.74%
Net margin (25,178.31%) 1.62% 2.32%
Free cash flow margin (1,955.42%) 1.36% 5.46%
Return on equity 241.36% 5.18% 8.76%
Return on assets (163.75%) 3.58% 2.18%
Return on invested capital 0.00% 9.15% 5.40%

Growth

Metric IONM SYRA Medical Care Facilities median
Revenue growth (TTM) 101.46% 0.32% 7.12%
EPS growth (last fiscal year) 84.77% 84.00% —
Revenue growth, 5-year CAGR (52.81%) — 9.58%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric IONM SYRA Medical Care Facilities median
Debt to equity (0.73) 0.00 0.30
Current ratio 0.20 3.13 1.22
Net debt to EBITDA (0.71) 1.83 1.32

Dividend

Metric IONM SYRA Medical Care Facilities median
Dividend yield — — 0.85%
Payout ratio 0.00 — 0.00

Size

Metric IONM SYRA Medical Care Facilities median
Market cap 330.00k 1.07m 1.34b

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