908 Devices Inc. (MASS) vs Sight Sciences, Inc. (SGHT)

908 Devices Inc. and Sight Sciences, Inc. are both Medical Devices companies. 908 Devices Inc. and Sight Sciences, Inc. are of similar size ($492.7M and $478.2M). 908 Devices Inc. grew revenue faster over the last twelve months: 13.4% against 9.27%. Sight Sciences, Inc. has the higher net margin (−35.7% vs −57.0%) and the lower return on invested capital (−125.2% vs −96.4%). Across the 18 metrics below, 908 Devices Inc. leads on 9 and Sight Sciences, Inc. on 9.

Valuation

Metric MASS SGHT Medical Devices median
P/E n/m n/m 22.18
P/S 7.09 5.84 2.70
P/B 3.40 9.20 2.46
Price to free cash flow 701.80 n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 5.53 5.37 2.38
Earnings yield (8.22%) (6.27%) (8.22%)
Free cash flow yield 0.14% (4.79%) (7.80%)

Profitability

Metric MASS SGHT Medical Devices median
Gross margin 52.16% 87.96% 56.01%
Operating margin (63.98%) (33.43%) (15.03%)
Net margin (56.96%) (35.69%) (20.40%)
Free cash flow margin 1.01% (27.98%) (7.24%)
Return on equity (25.15%) (48.42%) (15.32%)
Return on assets (17.81%) (26.24%) (19.72%)
Return on invested capital (96.41%) (125.18%) (10.33%)

Growth

Metric MASS SGHT Medical Devices median
Revenue growth (TTM) 13.35% 9.27% 8.80%
EPS growth (last fiscal year) 125.47% 28.16% —
Revenue growth, 5-year CAGR 15.88% 22.86% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MASS SGHT Medical Devices median
Debt to equity 0.00 0.77 0.07
Current ratio 2.67 4.95 2.50
Net debt to EBITDA 3.17 1.45 0.49

Dividend

Metric MASS SGHT Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric MASS SGHT Medical Devices median
Market cap 492.69m 478.16m 172.91m

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