908 Devices Inc. (MASS) vs SS Innovations International, Inc. (SSII)

908 Devices Inc. and SS Innovations International, Inc. are both Medical Devices companies. SS Innovations International, Inc. is the larger, with a market value of $591.4M against $492.7M — 1.2× the size. SS Innovations International, Inc. grew revenue faster over the last twelve months: 89.7% against 13.4%. SS Innovations International, Inc. has the higher net margin (−23.7% vs −57.0%) and the higher return on invested capital (−11.3% vs −96.4%). Across the 17 metrics below, 908 Devices Inc. leads on 10 and SS Innovations International, Inc. on 7.

Valuation

Metric MASS SSII Medical Devices median
P/E n/m n/m 22.18
P/S 7.09 11.27 2.70
P/B 3.40 11.06 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 11.12 2.38
Earnings yield (8.22%) (2.03%) (8.22%)
Free cash flow yield 0.14% (3.09%) (7.80%)

Profitability

Metric MASS SSII Medical Devices median
Gross margin 52.16% 47.65% 56.01%
Operating margin (63.98%) (15.80%) (15.03%)
Net margin (56.96%) (23.73%) (20.40%)
Free cash flow margin 1.01% (34.76%) (7.24%)
Return on equity (25.15%) (26.06%) (15.32%)
Return on assets (17.81%) (14.89%) (19.72%)
Return on invested capital (96.41%) (11.31%) (10.33%)

Growth

Metric MASS SSII Medical Devices median
Revenue growth (TTM) 13.35% 89.71% 8.80%
EPS growth (last fiscal year) 125.47% 43.24% —
Revenue growth, 5-year CAGR 15.88% — 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MASS SSII Medical Devices median
Debt to equity 0.00 0.27 0.07
Current ratio 2.67 2.24 2.50
Net debt to EBITDA 3.17 (0.32) 0.49

Dividend

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

Size

Metric MASS SSII Medical Devices median
Market cap 492.69m 591.41m 172.91m

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