MaxCyte, Inc. (MXCT) vs Quantum-Si Incorporated (QSI)

MaxCyte, Inc. and Quantum-Si Incorporated are both Medical Devices companies. Quantum-Si Incorporated is the larger, with a market value of $172.9M against $122.8M — 1.4× the size. MaxCyte, Inc. grew revenue faster over the last twelve months: −13.2% against −53.0%. MaxCyte, Inc. has the higher net margin (−114.8% vs −6,138.3%) and the higher return on invested capital (−49.2% vs −100.9%). Across the 16 metrics below, MaxCyte, Inc. leads on 14 and Quantum-Si Incorporated on 2.

Valuation

Metric MXCT QSI Medical Devices median
P/E n/m n/m 22.18
P/S 4.03 112.63 2.70
P/B 0.79 1.00 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 1.23 43.01 2.38
Earnings yield (28.21%) (55.42%) (8.22%)
Free cash flow yield (18.92%) (51.83%) (7.80%)

Profitability

Metric MXCT QSI Medical Devices median
Gross margin 79.23% 35.02% 56.01%
Operating margin (134.59%) (6,887.79%) (15.03%)
Net margin (114.77%) (6,138.26%) (20.40%)
Free cash flow margin (76.14%) (5,837.26%) (7.24%)
Return on equity (20.39%) (49.11%) (15.32%)
Return on assets (17.62%) (43.98%) (19.72%)
Return on invested capital (49.23%) (100.92%) (10.33%)

Growth

Metric MXCT QSI Medical Devices median
Revenue growth (TTM) (13.15%) (52.96%) 8.80%
EPS growth (last fiscal year) (7.69%) 28.17% —
Revenue growth, 5-year CAGR 4.76% — 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MXCT QSI Medical Devices median
Debt to equity 0.00 0.00 0.07
Current ratio 12.26 9.97 2.50
Net debt to EBITDA 2.21 1.36 0.49

Dividend

Metric MXCT QSI Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric MXCT QSI Medical Devices median
Market cap 122.82m 172.91m 172.91m

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