Pricing Log in Create free account

Spectral AI, Inc. (MDAI) vs Sanuwave Health Inc. (SNWV)

Spectral AI, Inc. and Sanuwave Health Inc. are both Medical Devices companies. Spectral AI, Inc. is the larger, with a market value of $44.4M against $19.4M — 2.3× the size. Spectral AI, Inc. has negative trailing earnings, so its P/E is not meaningful; Sanuwave Health Inc. trades at 1.3×. Sanuwave Health Inc. grew revenue faster over the last twelve months: 12.7% against −44.1%. Sanuwave Health Inc. has the higher net margin (34.7% vs −65.5%) and the higher return on invested capital (7.46% vs 0.00%). Across the 16 metrics below, Sanuwave Health Inc. leads on 14 and Spectral AI, Inc. on 2.

Valuation

Metric MDAI SNWV Medical Devices median
P/E n/m 1.26 25.58
P/S 2.90 0.44 2.54
P/B n/m 6.91 2.48
Price to free cash flow n/m 2.06 28.81
EV/EBITDA n/m 8.59 11.51
EV/Sales 2.71 0.66 2.72
Earnings yield (23.96%) 79.46% (12.82%)
Free cash flow yield (28.88%) 48.64% (8.18%)

Profitability

Metric MDAI SNWV Medical Devices median
Gross margin 42.92% 76.33% 57.76%
Operating margin (77.17%) 3.41% (15.07%)
Net margin (65.54%) 34.66% (14.45%)
Free cash flow margin (83.66%) 21.29% (3.88%)
Return on equity 95.15% (254.57%) (10.35%)
Return on assets (56.92%) 43.82% (17.26%)
Return on invested capital 0.00% 7.46% (5.27%)

Growth

Metric MDAI SNWV Medical Devices median
Revenue growth (TTM) (44.13%) 12.67% 10.41%
EPS growth (last fiscal year) 65.88% 105.53% 28.17%
Revenue growth, 5-year CAGR — 61.12% 15.74%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MDAI SNWV Medical Devices median
Debt to equity (0.92) 6.88 0.04
Current ratio 0.90 1.28 2.74
Net debt to EBITDA 1.31 1.30 0.54

Dividend

Metric MDAI SNWV Medical Devices median
Dividend yield — — 1.02%
Payout ratio — — 0.37

Size

Metric MDAI SNWV Medical Devices median
Market cap 44.41m 19.35m 239.53m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack