Microvision, Inc. (MVIS) vs Sono-Tek Corporation (SOTK)

Microvision, Inc. and Sono-Tek Corporation are both Scientific & Technical Instruments companies. Sono-Tek Corporation is the larger, with a market value of $75.0M against $47.2M — 1.6× the size. Microvision, Inc. has negative trailing earnings, so its P/E is not meaningful; Sono-Tek Corporation trades at 38.0×. Microvision, Inc. grew revenue faster over the last twelve months: 11.2% against 4.04%. Sono-Tek Corporation has the higher net margin (9.62% vs −3,976.7%) and the higher return on invested capital (35.4% vs 0.00%). Across the 19 metrics below, Sono-Tek Corporation leads on 17 and Microvision, Inc. on 2.

Valuation

Metric MVIS SOTK Scientific & Technical Instruments median
P/E n/m 38.00 35.93
P/S 12.42 3.62 4.46
P/B 1.73 3.77 3.00
Price to free cash flow n/m 13.31 24.96
EV/EBITDA n/m 21.88 19.60
EV/Sales 3.63 2.93 4.98
Earnings yield (338.01%) 2.63% 0.53%
Free cash flow yield (191.46%) 7.51% 1.12%

Profitability

Metric MVIS SOTK Scientific & Technical Instruments median
Gross margin (550.59%) 51.82% 45.75%
Operating margin (3,545.86%) 10.44% 7.34%
Net margin (3,976.67%) 9.62% 1.56%
Free cash flow margin (2,378.17%) 27.31% 5.84%
Return on equity (233.74%) 10.61% 2.87%
Return on assets (99.65%) 8.37% 0.99%
Return on invested capital 0.00% 35.35% 3.88%

Growth

Metric MVIS SOTK Scientific & Technical Instruments median
Revenue growth (TTM) 11.15% 4.04% 11.28%
EPS growth (last fiscal year) 23.91% 37.50% —
Revenue growth, 5-year CAGR (17.13%) 7.11% 7.89%
Net income growth, 5-year CAGR 0.00% 10.01% 0.00%

Health

Metric MVIS SOTK Scientific & Technical Instruments median
Debt to equity 0.00 0.00 0.00
Current ratio 0.68 4.37 2.24
Net debt to EBITDA 1.38 (5.94) 0.44

Dividend

Metric MVIS SOTK Scientific & Technical Instruments median
Dividend yield — — 0.72%
Payout ratio 0.00 0.00 0.00

Size

Metric MVIS SOTK Scientific & Technical Instruments median
Market cap 47.24m 74.97m 483.67m

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