Mesa Laboratories, Inc. (MLAB) vs USBC, INC. (USBC)

Mesa Laboratories, Inc. and USBC, INC. are both Scientific & Technical Instruments companies. Mesa Laboratories, Inc. is the larger, with a market value of $769.4M against $197.9M — 3.9× the size. USBC, INC. has negative trailing earnings, so its P/E is not meaningful; Mesa Laboratories, Inc. trades at 156×. USBC, INC. grew revenue faster over the last twelve months: 148.3% against 3.04%. Mesa Laboratories, Inc. has the higher net margin (1.92% vs 0.00%) and the higher return on invested capital (4.67% vs −60.2%). Across the 19 metrics below, Mesa Laboratories, Inc. leads on 16 and USBC, INC. on 3.

Valuation

Metric MLAB USBC Scientific & Technical Instruments median
P/E 155.86 n/m 35.93
P/S 3.04 44.17 4.46
P/B 4.02 4.27 3.00
Price to free cash flow 14.34 n/m 24.96
EV/EBITDA 19.16 n/m 19.60
EV/Sales 3.49 43.38 4.98
Earnings yield 0.64% (311.59%) 0.53%
Free cash flow yield 6.97% (18.65%) 1.12%

Profitability

Metric MLAB USBC Scientific & Technical Instruments median
Gross margin 64.21% 0.00% 45.75%
Operating margin 9.00% 0.00% 7.34%
Net margin 1.92% 0.00% 1.56%
Free cash flow margin 21.17% 0.00% 5.84%
Return on equity 2.66% (308.89%) 2.87%
Return on assets 1.12% (186.41%) 0.99%
Return on invested capital 4.67% (60.18%) 3.88%

Growth

Metric MLAB USBC Scientific & Technical Instruments median
Revenue growth (TTM) 3.04% 148.31% 11.28%
EPS growth (last fiscal year) 436.11% 95.45% —
Revenue growth, 5-year CAGR 13.22% (6.26%) 7.89%
Net income growth, 5-year CAGR 15.44% 0.00% 0.00%

Health

Metric MLAB USBC Scientific & Technical Instruments median
Debt to equity 0.76 0.00 0.00
Current ratio 1.79 0.23 2.24
Net debt to EBITDA 2.98 0.00 0.44

Dividend

Metric MLAB USBC Scientific & Technical Instruments median
Dividend yield 0.69% — 0.72%
Payout ratio 1.88 — 0.00

Size

Metric MLAB USBC Scientific & Technical Instruments median
Market cap 769.43m 197.91m 483.67m

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