MaxCyte, Inc. (MXCT) vs Zomedica Corp. (ZOMDF)

MaxCyte, Inc. and Zomedica Corp. are both Medical Devices companies. MaxCyte, Inc. is the larger, with a market value of $122.8M against $95.4M — 1.3× the size. Zomedica Corp. grew revenue faster over the last twelve months: 30.1% against −13.2%. Zomedica Corp. has the higher net margin (−51.4% vs −114.8%) and the higher return on invested capital (−20.5% vs −49.2%). Across the 16 metrics below, Zomedica Corp. leads on 12 and MaxCyte, Inc. on 4.

Valuation

Metric MXCT ZOMDF Medical Devices median
P/E n/m n/m 22.18
P/S 4.03 2.13 2.70
P/B 0.79 0.73 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 0.95 2.38
Earnings yield (28.21%) (24.00%) (8.22%)
Free cash flow yield (18.92%) (19.17%) (7.80%)

Profitability

Metric MXCT ZOMDF Medical Devices median
Gross margin 79.23% 65.44% 56.01%
Operating margin (134.59%) (56.28%) (15.03%)
Net margin (114.77%) (51.39%) (20.40%)
Free cash flow margin (76.14%) (40.75%) (7.24%)
Return on equity (20.39%) (16.29%) (15.32%)
Return on assets (17.62%) (14.88%) (19.72%)
Return on invested capital (49.23%) (20.54%) (10.33%)

Growth

Metric MXCT ZOMDF Medical Devices median
Revenue growth (TTM) (13.15%) 30.05% 8.80%
EPS growth (last fiscal year) (7.69%) (60.00%) —
Revenue growth, 5-year CAGR 4.76% — 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MXCT ZOMDF Medical Devices median
Debt to equity 0.00 0.00 0.07
Current ratio 12.26 6.43 2.50
Net debt to EBITDA 2.21 0.69 0.49

Dividend

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

Size

Metric MXCT ZOMDF Medical Devices median
Market cap 122.82m 95.35m 172.91m

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