Modular Medical, Inc. (MODD) vs Nortech Systems Incorporated (NSYS)

Modular Medical, Inc. and Nortech Systems Incorporated are both Medical Devices companies. Nortech Systems Incorporated is the larger, with a market value of $32.2M against $25.3M — 1.3× the size. Modular Medical, Inc. has negative trailing earnings, so its P/E is not meaningful; Nortech Systems Incorporated trades at 30.7×. Nortech Systems Incorporated has the higher net margin (0.83% vs 0.00%) and the higher return on invested capital (4.32% vs −249.3%). Across the 14 metrics below, Nortech Systems Incorporated leads on 12 and Modular Medical, Inc. on 2.

Valuation

Metric MODD NSYS Medical Devices median
P/E n/m 30.68 22.14
P/S n/m 0.26 2.46
P/B 1.38 0.90 2.38
Price to free cash flow n/m 11.14 22.75
EV/EBITDA n/m 8.75 11.73
EV/Sales n/m 0.26 2.30
Earnings yield (360.03%) 3.26% (8.92%)
Free cash flow yield (189.08%) 8.98% (8.09%)

Profitability

Metric MODD NSYS Medical Devices median
Gross margin 0.00% 16.44% 56.01%
Operating margin 0.00% 2.02% (15.03%)
Net margin 0.00% 0.83% (20.40%)
Free cash flow margin 0.00% 2.36% (7.24%)
Return on equity (247.94%) 3.02% (15.32%)
Return on assets (212.13%) 1.33% (19.72%)
Return on invested capital (249.25%) 4.32% (10.33%)

Growth

Metric MODD NSYS Medical Devices median
Revenue growth (TTM) — 6.00% 8.80%
EPS growth (last fiscal year) 19.29% 80.85% 29.03%
Revenue growth, 5-year CAGR — 2.60% 15.47%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MODD NSYS Medical Devices median
Debt to equity 0.00 0.07 0.07
Current ratio 3.25 1.78 2.50
Net debt to EBITDA 0.27 (0.45) 0.49

Dividend

Metric MODD NSYS Medical Devices median
Dividend yield — — 1.20%
Payout ratio — — 0.36

Size

Metric MODD NSYS Medical Devices median
Market cap 25.26m 32.23m 163.06m

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