LENSAR, Inc. (LNSR) vs Sera Prognostics, Inc. (SERA)

LENSAR, Inc. and Sera Prognostics, Inc. are both Medical Devices companies. LENSAR, Inc. and Sera Prognostics, Inc. are of similar size ($86.9M and $83.2M). Sera Prognostics, Inc. has negative trailing earnings, so its P/E is not meaningful; LENSAR, Inc. trades at 2.4×. LENSAR, Inc. grew revenue faster over the last twelve months: 3.26% against −35.2%. LENSAR, Inc. has the higher net margin (57.6% vs −47,475.7%) and the lower return on invested capital (−379.0% vs −180.2%). Across the 17 metrics below, LENSAR, Inc. leads on 12 and Sera Prognostics, Inc. on 5.

Valuation

Metric LNSR SERA Medical Devices median
P/E 2.43 n/m 22.18
P/S 1.41 1,471.04 2.70
P/B 5.71 1.73 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 1.22 807.57 2.38
Earnings yield 41.11% (32.84%) (8.22%)
Free cash flow yield (8.70%) (27.71%) (7.80%)

Profitability

Metric LNSR SERA Medical Devices median
Gross margin 48.34% (150.00%) 56.01%
Operating margin (13.48%) (53,282.86%) (15.03%)
Net margin 57.57% (47,475.71%) (20.40%)
Free cash flow margin (12.29%) (40,760.00%) (7.24%)
Return on equity (851.75%) (45.03%) (15.32%)
Return on assets 49.58% (33.47%) (19.72%)
Return on invested capital (379.01%) (180.22%) (10.33%)

Growth

Metric LNSR SERA Medical Devices median
Revenue growth (TTM) 3.26% (35.19%) 8.80%
EPS growth (last fiscal year) (5.13%) 32.32% —
Revenue growth, 5-year CAGR 17.24% 26.51% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LNSR SERA Medical Devices median
Debt to equity 0.00 0.00 0.07
Current ratio 2.39 1.98 2.50
Net debt to EBITDA 0.89 1.10 0.49

Dividend

Metric LNSR SERA Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric LNSR SERA Medical Devices median
Market cap 86.92m 83.24m 172.91m

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