Mesa Laboratories, Inc. (MLAB) vs Vontier Corporation (VNT)

Mesa Laboratories, Inc. and Vontier Corporation are both Scientific & Technical Instruments companies. Vontier Corporation is the larger, with a market value of $4.2B against $769.4M — 5.4× the size. Vontier Corporation trades at the lower P/E: 13.0× against 156×. Mesa Laboratories, Inc. grew revenue faster over the last twelve months: 3.04% against 0.88%. Vontier Corporation has the higher net margin (11.3% vs 1.92%) and the higher return on invested capital (14.3% vs 4.67%). Both pay a dividend; Mesa Laboratories, Inc. yields more (0.69% vs 0.14%). Across the 23 metrics below, Vontier Corporation leads on 14 and Mesa Laboratories, Inc. on 9.

Valuation

Metric MLAB VNT Scientific & Technical Instruments median
P/E 155.86 12.95 35.93
P/S 3.04 1.43 4.46
P/B 4.02 3.66 3.00
Price to free cash flow 14.34 11.41 24.96
EV/EBITDA 19.16 8.23 19.60
EV/Sales 3.49 1.87 4.98
Earnings yield 0.64% 7.72% 0.53%
Free cash flow yield 6.97% 8.76% 1.12%

Profitability

Metric MLAB VNT Scientific & Technical Instruments median
Gross margin 64.21% 47.18% 45.75%
Operating margin 9.00% 18.79% 7.34%
Net margin 1.92% 11.34% 1.56%
Free cash flow margin 21.17% 12.55% 5.84%
Return on equity 2.66% 28.90% 2.87%
Return on assets 1.12% 8.28% 0.99%
Return on invested capital 4.67% 14.25% 3.88%

Growth

Metric MLAB VNT Scientific & Technical Instruments median
Revenue growth (TTM) 3.04% 0.88% 11.28%
EPS growth (last fiscal year) 436.11% 0.36% —
Revenue growth, 5-year CAGR 13.22% 2.60% 7.89%
Net income growth, 5-year CAGR 15.44% 3.50% 0.00%

Health

Metric MLAB VNT Scientific & Technical Instruments median
Debt to equity 0.76 1.33 0.00
Current ratio 1.79 1.25 2.24
Net debt to EBITDA 2.98 1.60 0.44

Dividend

Metric MLAB VNT Scientific & Technical Instruments median
Dividend yield 0.69% 0.14% 0.72%
Payout ratio 1.88 0.05 0.00

Size

Metric MLAB VNT Scientific & Technical Instruments median
Market cap 769.43m 4.18b 483.67m

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