iRadimed Corporation (IRMD) vs PROCEPT BioRobotics Corporation (PRCT)

iRadimed Corporation and PROCEPT BioRobotics Corporation are both Medical Devices companies. iRadimed Corporation and PROCEPT BioRobotics Corporation are of similar size ($1.1B and $1.0B). PROCEPT BioRobotics Corporation has negative trailing earnings, so its P/E is not meaningful; iRadimed Corporation trades at 47.1×. PROCEPT BioRobotics Corporation grew revenue faster over the last twelve months: 22.7% against 11.2%. iRadimed Corporation has the higher net margin (26.7% vs −32.5%) and the higher return on invested capital (40.4% vs −43.6%). Across the 19 metrics below, iRadimed Corporation leads on 14 and PROCEPT BioRobotics Corporation on 5.

Valuation

Metric IRMD PRCT Medical Devices median
P/E 47.12 n/m 22.18
P/S 12.70 2.91 2.70
P/B 10.78 2.89 2.46
Price to free cash flow 46.51 n/m 22.53
EV/EBITDA 35.54 n/m 11.78
EV/Sales 12.01 2.39 2.38
Earnings yield 2.12% (11.28%) (8.22%)
Free cash flow yield 2.15% (8.65%) (7.80%)

Profitability

Metric IRMD PRCT Medical Devices median
Gross margin 75.86% 64.22% 56.01%
Operating margin 31.92% (33.86%) (15.03%)
Net margin 26.70% (32.54%) (20.40%)
Free cash flow margin 28.43% (25.17%) (7.24%)
Return on equity 23.52% (30.24%) (15.32%)
Return on assets 20.82% (22.12%) (19.72%)
Return on invested capital 40.36% (43.57%) (10.33%)

Growth

Metric IRMD PRCT Medical Devices median
Revenue growth (TTM) 11.21% 22.69% 8.80%
EPS growth (last fiscal year) 16.67% 1.71% —
Revenue growth, 5-year CAGR 21.45% 109.04% 15.23%
Net income growth, 5-year CAGR 75.02% 0.00% 0.00%

Health

Metric IRMD PRCT Medical Devices median
Debt to equity 0.00 0.15 0.07
Current ratio 9.46 6.55 2.50
Net debt to EBITDA (1.87) 2.41 0.49

Dividend

Metric IRMD PRCT Medical Devices median
Dividend yield 0.32% — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric IRMD PRCT Medical Devices median
Market cap 1.09b 1.01b 172.91m

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